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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.

Get an instant quote for a transfer of equity in Hertfordshire.

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: 05/12/16

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.

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.

Can we check that the property we are buying is in a conservation area?

A.

The areas near or within Hertfordshire include several areas of architectural merit registered as conservation areas. You may wish to contact the council for further information, but your solicitor will investigate the impact of conservation areas or other planning restrictions.

Q.

How do you calculate stamp duty rates, and what will we need to pay on a £1131000 Hertfordshire residential property?

A.

Stamp Duty is calculated based on a small number of factors, including the purchase price. It is £56550 on a £1131000 house or flat.

Q.

Bookshops have a plethora of books all about how to do DIY conveyancing such as A Practical Approach to Commercial Conveyancing and Property . Do we necessarily need to use a conveyancing solicitor in Hertfordshire ?

A.

If you wish to endeavour to do so you can take care of he conveyancing without the help of a specialist conveyancer in Hertfordshire .

Of course solicitors firms would suggest that this is a potentially hazardous approach as have a go conveyancers will not have acceptable indemnity insurance that every solicitors practices are duty bound to carry.

Q.

Would acquiring a home buyers survey be sensible when buying property?

A.

The Royal Institution of Chartered Surveyors heavily advise that the majority of buyers order a property survey when you plan to buy in Hertfordshire. It is a fact that there are a wide range of problems which affect a property, for example cracks around door frames. These will not be reported on by a solicitor.

Q.

OneSavings is going to be our lender - what will I need to be aware of?

A.

Prior to recent changes, most solicitors could act for the majority lenders. Some lenders are now reducing their 'solicitor panel'. This can mean higher legal costs for purchasers. Homeward Legal, however, can act for the majority of lenders to ensure that you will not need to pay an additional fee for your lender's solicitor.

Q.

Apparently, chromium soil contamination may be an issue in Hertfordshire. Can you advise?

A.

With this region's industrial history in parts of Hertfordshire, soil contamination is impossible to completely avoid. Land may also be contaminated by other sources, including insecticides and water contaminants such as organic compounds.

 
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