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Transfer of Equity in Hermitage

A transfer of equity occurs when a property owner wishes to change the legal ownership of the property. Reasons include marriage, divorce and tax planning.

Homeward Legal's solicitors offer expert legal assistance with your transfer of equity.

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Remortgage Solicitors Hermitage

Homeward Legal's panel of solicitors carry out remortgage conveyancing for Hermitage clients every week.

We strive to complete your remortgage legal work quickly, so that you benefit from your new mortgage deal as soon as possible.

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The Conveyancing
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Conveyancing in Hermitage Q & A's

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 14/01/17

Commuting to the Hermitage area? ;

The nearest airport to Hermitage is Blackbushe Airport (21 miles). Farnborough (TAG London) Airport is 25 miles, White Waltham Airport is 23 miles, and Booker Airport is 24 miles away. Newbury Racecourse station is about 4 miles from Hermitage.

Hermitage is about 1m of junction entry 13 Eastbound of the M4.

West Berkshire Community Newbury is the neighbouring hospital.

Q.

How do we get a cheap solicitor in Hermitage to buy a home?

A.

Both high-street and online conveyancers purport to offer so-called cheap conveyancing. However additional fees are often hiding in the small print. Our quotes clearly state all legal fees for a standard conveyancing transaction.

Q.

Which local authority is responsible for Hermitage?

A.

Hermitage is located in West Berkshire Council, Council Offices, Market Street, Newbury, West Berkshire, RG14 5LD, phone: 01635 42401

Q.

What will the council tax cost on a investment Band an apartment in Hermitage?

A.

Your property's relevant council tax band will frequently be detailed in the title report, as well as by the local authority. Correct charges for residents of Hermitage are published at the West Berkshire council site. At the time of writing on 28 February 2013 band rates are:

  • Band A - £1,002.00
  • Band B - £1,169.00
  • Band C - £1,336.00
  • Band D - £1,503.00
  • Band E - £1,837.00
  • Band F - £2,171.00
  • Band G - £2,505.00
  • Band H - £3,006.00

Q.

What can we do to avoid paying for stamp duty land tax?

Stamp duty is generally payable for houses priced at over one hundred and twenty-five thousand pounds. Stamp duty mitigation is not advised. Such schemes are costly and HMRC may challenge a scheme up to six years later.

Q.

Is it recommended that I get a chancel search? We are buying a maisonette near parish land in Hermitage.

A.

In Hermitage, some owners can be required to contribute towards the cost of repairs to nearby church land. Terms used in a property's name, like 'rectory', may indicate chancel liability. A conveyancing solicitor will be able to advise further. Churches in this area where chancel liability may apply include Holy Trinity and St Mary.

Q.

Are there many conservation areas in Hermitage?

A.

There are a range of conservation areas in or near Hermitage. The benefits of such restrictions will include better maintained homes and gardens, but they can result in the buyer inheriting liability of unauthorised changes.

Q.

What type of checks in relation to the risk of floods in the Berkshire region will the lawyer in Hermitage conduct?

A.

A necessary component in the legal due diligence process involves the lawyer applying for environmental searches that set out some details in relation to Hermitage flood risk area. Also as an additional measure the conveyancing solicitor in Hermitage could advocate a more involved (e.g. Landmark) flood risk search.

Q.

I am on a tight deadline and need guarantee fast conveyancing, how could we speed up the conveyancing process?

A.

Contacting a proactive and experienced property lawyer is crucial to a fast transaction. There are various jobs you, as the buyer, can also do to get moving sooner. These include:

  • calling or emailing your property lawyer, and chase them if you suspect any delays
  • promptly completing and return any forms
  • organising your finances

 
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