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Transfer of Equity in Hinckley

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 Hinckley.

Remortgage Solicitors Hinckley

Homeward Legal's panel of solicitors carry out remortgage conveyancing for Hinckley 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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Conveyancing in Hinckley Q & A's

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 16/01/17

Commuting to the Hinckley area? ;

The nearest train station to Hinckley is Hinckley, almost a mile away. Hinckley's closest airport is Coventry Airport (12 miles). Birmingham Airport is 17 miles, and East Midlands Airport is 20 miles away.

Hinckley is nearby at 2m of the M69 Junction 1 Eastbound.

Hinckley & District is a nearby hospital for Hinckley.

Q.

We need affordable conveyancing in Hinckley. What do I need to check for?

A.

Numerous law firms purport to offer theoretically 'the cheapest conveyancing quotes'. Often additional costs are often hiding in the small print. The quote should, in addition, define costs to be paid to third parties, such as the local authority, (disbursements). Any extra charges ought to be reasonable and only be applied if your solicitor must complete additional work , which could not be anticipated at the start of the process.

Q.

Will the Hinckley property lawyer investigate the risk of flooding in Hinckley on a Sixties property we are buying?

A.

The property conveyancer applies for standard property conveyancing searches that incorporate Hinckley flood risk information.

Q.

Is gazumping common practice in Hinckley?

A.

Gazumping takes place when a seller accepts an offer, only to later reject it in favour of a higher offer. Gazumping may happen even months into a transaction. The risk of gazumping is present in any transaction.

You should instruct your conveyancing solicitor as early as possible to reduce the chance of your transaction being gazumped.

Q.

Do we need a chancel search if I am purchasing in the parish of Walton le Wolds, near Hinckley?

A.

Regardless of the Hinckley parish in which you are buying, the conveyancing solicitor is likely to recommend that a chancel search is taken out. Chancel repair has the potential to be imposed on the current owners of a building where Parochial Church Councils (PCCs) may have not done so in the past, so the solicitor will be unable to make any guarantees, and will recommend insurance.

Q.

How do we determine SDLT and how much will it be on a £172000 property?

A.

The Stamp Duty you must pay is based on the valuation. On a £172000 house in Hinckley, stamp duty will be £1720.*

*Correct as of January 2013

Q.

I've had a quote from you. Will we have to pay any extra charges when the move completes?

A.

Homeward Legal never hide any extra, hidden charges under any circumstances. Some solicitors' firms will give a low estimate, not an accurate quote, meaning that your final bill could be much higher.

Q.

Why does conveyancing be so delayed?

A.

Conveyancing could suffer setbacks. We see how frustrating such delays may be and work hard to minimise the burden of these delays by using fast search providers. Delays can include slow solicitors acting for the other side.

Q.

We are buying on a brownfield site. Possibly barium soil contamination may be an issue.

A.

Soil contamination is carefully monitored. Also considering issues such as herbicides, contaminants affecting Hinckley property will be factored into an environmental search.

 
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