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Transfer of Equity in Hillsborough

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 Hillsborough

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

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Conveyancing in Hillsborough Q & A's

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 06/12/16

Commuting to Hillsborough? ;

Sheffield train station is almost 3 miles from Hillsborough and Sheffield City Airport is 5 miles from Hillsborough. Robin Hood Airport is 21 mile s, Gamston Airport is 25 miles and away.

The most convenient hospital to Hillsborough is Weston Park Sheffield.

Q.

What will the overall charge be on the sale of a £547,000 home? I need a low cost conveyancing estimate.

A.

This catches out many buyers, and can leave them paying far more in conveyancing fees than they budgeted. Many solicitors claim to offer cheap conveyancing, but additional charges will be included in the terms and conditions. Extra charges found in the terms should be reasonable.

Q.

How do you determine stamp duty tax, and what will we need to pay on a £277k Hillsborough residence?

A.

The Stamp Duty you must pay will depend on the valuation. It is £8310 on a £277k house or flat in Hillsborough.*

*This information correct as of March 2013

Q.

What sort of local conveyancing searches regarding the potential risk of floods around Sheffield will a Hillsborough property lawyer be able to conduct on a residential maisonette I am buying?

A.

An experienced conveyancer makes an application for conveyancing searches that will include Hillsborough flood risk area information.

Q.

Is it advisable that I get a chancel search if I am buying a house on the same road as a church constructed in the 14th Century in Hillsborough?

A.

Property owners near to older church buildings are expected to pay for repairs, as a result of chancel repair liability. Terms used in a property's name, like 'rectory', may indicate chancel liability.

Q.

For fast conveyancing to buy a £937k home, what can we do to accelerate the process?

A.

Contacting a proactive and experienced lawyer is the key to faster conveyancing. When finding a suitable a lawyer, consider these points: Was there a delay delivering a quote? Are phone, fax and email their preferred methods of contact How soon will they order searches?

Q.

What will the council tax cost me on a Fifties Band G apartment in Hillsborough?

A.

Your relevant band will ordinarily be detailed in the conveyancing report on title, and by the local council Up-to-date charges for Hillsborough are detailed online at the Sheffield local authority website. At the time of writing on 19 June 2012 rates are:

  • Band A - £991.00
  • Band B - £1,156.00
  • Band C - £1,321.00
  • Band D - £1,486.00
  • Band E - £1,816.00
  • Band F - £2,146.00
  • Band G - £2,476.00
  • Band H - £2,972.00

Q.

Where do we find out additional data the status of Hillsborough and Hillsborough conservation areas?

A.

Following a campaign, English Heritage have produced a detailed list of the state of repair of conservation areas along with the trend.

Local Hillsborough conservation area issues, for example what can be demolished or new developments are governed by the local authority (Sheffield).

Q.

We are purchasing a residence in the parish of York All Saints Peasholme. Is a chancel search appropriate?

A.

The property solicitor may suggest a chancel search. In Hillsborough's much older areas, chancel repair may be apportioned on current owners of a home where Parochial Church Councils may have not done so in the past.

 
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