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Transfer of Equity in Hertfordshire

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 Hertfordshire

Homeward Legal's panel of solicitors carry out remortgage conveyancing for Hertfordshire 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 Hertfordshire Q & A's

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 10/01/17

Commuting to Hertfordshire? ;

Drivers are well catered for with Hertfordshire having good major road access close at under 1m of Junction 5 Northbound of the A1M.

Welwyn Garden City station is around 2 miles from Hertfordshire. Hertfordshire's nearest airport is Luton Airport (8 miles). London City Airport is 25 miles, London Heliport Airport is 24 miles, Northolt Jet Centre Airport is 19 miles, Elstree Airport is 12 miles and Stansted Airport is 22 miles away.

The most convenient hospital to Hertfordshire is Queen Victoria Memorial Welwyn.

Q.

We need a low cost conveyancing quote. Will we get a quote or and estimate?

A.

Several firms promote cheap conveyancing quotes. Unfortunately additional fees are often hiding in small print. Excited homeowners, eager to get underway, often ignore this small print when they instruct. Additional charges listed in the terms should be reasonable and clear. They be applicable solely where the conveyancer must complete additional work , which could not be anticipated at the start of the process. Any disbursements to be paid should also be clearly stated on the quote. We provide quotes, not estimates, and clearly state the fees for a standard conveyancing.

Q.

When in the process should you speak to a solicitor?

A.

If you choose a conveyancing solicitor with 'no move, no fee' protection, earlier is preferable. Some groups advocate postponing instruction until an offer is accepted, but delays can risk the other side pulling out, particularly in uncertain market conditions.

Q.

As a consequence of the fact that 2012 was second wettest year since 1920 I am worried that conveyancing and environmental searches won't be detailed enough?

Environmental searches handled by a Hertfordshire property lawyer should include the more informative Landmark flood search if required.

If you are nervous you can always approach a close neighbour.

Q.

What will the council tax cost on a residential Band F flat in Hertfordshire?

A.

Your council tax band should almost always be set out within the conveyancing report on title, and by the governing local authority. The latest council tax rates for residents of Hertfordshire are tabled online at the Welwyn Hatfield local authority website. On 04 October 2012 band rates are:

  • Band A - £1,000.00
  • Band B - £1,166.00
  • Band C - £1,333.00
  • Band D - £1,500.00
  • Band E - £1,833.00
  • Band F - £2,166.00
  • Band G - £2,499.00
  • Band H - £2,999.00

Q.

We need to complete this purchase as soon as possible, how do we guarantee a fast completion?

A.

It is well established that faster conveyancing is essential to is to employing a proactive solicitor. When choosing a solicitor, ask yourself the following: Did you experience any delays when requesting a quote? Do they use email as the preferred mode of communication? Do they work on a 'no sale, no fee' basis?

Q.

Which Hertfordshire mortgage lender panels are you on?

A.

Most lenders in Hertfordshire are on our Hertfordshire solicitors' panel. Lenders and mortgage specialists in Hertfordshire include Independent Mortgage Advice Bureau Ltd, Buckingham House Desborough Road, High Wycombe, HP11 2PR, and Naked Finance, Suite 31 Central Chambers/The Broadway, London, W5 2NR.

Q.

Will the house's fixtures and fittings form include items such as free-standing kitchen appliances?

A.

There is not a clear definition of fixtures and fittings, which can result in conflict once the new owner takes possession. Completion or agreement of a fixtures and fittings form is unfortunately often left to the last minute, when a dispute may jeopordise the transaction.

Q.

What will searches on average cost?

A.

With a Homeward Legal solicitor, a client will be expected to pay at a maximum £249 for a standard bundle of searches. These searches are disbursements, and are charged at cost.

 
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