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Transfer of Equity in Kidwelly

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 Kidwelly

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

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 15/01/17

Regional services information

The nearest train station to Kidwelly is Kidwelly and the nearest airport to Kidwelly is Swansea Airport.

Q.

Local points of interest in Kidwelly

A.

Burry Port Lighthouse, Kidwelly Castle Cadw and Pembrey Country Park Country Park are situated in Kidwelly.

The closest hospital is Brynmair Clinic Day LLanelli.

Q.

How do I find the cheapest conveyancing solicitors in Kidwelly?

A.

Many online and high street firms purport to offer supposedly cheap conveyancing, but additional fees are often hiding in the solicitor's terms of engagement. Busy, stressed sellers and buyers ignore these terms at their peril. Any additional costs listed in the solicitor's terms ought to be clearly defined. They only be applied if your conveyancer must perform additional tasks , which could not be anticipated at the start of the process. We provide quotes, not estimates, and clearly state the fees for a standard conveyancing.

Q.

If I am buying a property close to church grounds in Kidwelly, is it necessary to get a chancel liability search?

A.

The outcome of a court case between a parish council and owners of neighbouring farmland liable for church repairs confirmed that chancel repair liability could be enforced. Some names or words such as 'glebe' give an indication of a property's history, and thus whether chancel liability may apply.

Q.

I am buying a 1940s investment property in a designated conservation area in Kidwelly, how do we find information about the state of upkeep of the area?

A.

English Heritage have put together information of the state of conservation areas in addition to the vulnerability of the area. Conservation areas in Kidwelly are specified by the local authority (Carmarthenshire) who police everything from paths and footpaths to the hindrance of modern telephone boxes.

Q.

What can a Kidwelly property lawyer do if the home I hope to buy is inside the boundary of a local authority conservation area and has unsightly windows added?

A.

Local authority enquiries conducted by a solicitor will determine whether the Kidwelly property a designated conservation area proof of permission for changes to the property will be asked for.

If no authority consents be available, the solicitor will give you professional advice on the best alternative e.g. seeking an indemnity insurance or obtaining retrospective permission.

Q.

When in the process do we need to speak to a solicitor to handle our sale?

A.

With few exceptions, the sooner you instruct a firm, the better. Early instruction of a conveyancing solicitor to act on your Kidwelly sale or purchase can reduce any chance of your transaction aborting.

Q.

Is it a bad idea to avoid paying stamp duty in Kidwelly?

A.

Stamp Duty Land Tax is generally due on property sold for over 125,000 pounds. We do not advise buyers undertake any form of stamp duty mitigation scheme, as such schemes are expensive and unreliable.

Q.

We plan to purchase a church rectory in the parish of Taliaris. Is a chancel search important?

A.

Whether you are buying a home in Kidwelly or elsewhere in the county, the conveyancing lawyer is likely to recommend that a chancel search is ordered. In older areas of Kidwelly, chancel repair can be imposed on current owners of a home where Parochial Church Councils may have spared previous owners or tenants, so indemnity insurance may be advisable even if liability is unlikely.

Q.

I have read about handling the legal work as a buyer and seller of a maisonette. Is it wise to take care of the conveyancing myself ourselves?

A.

It can certainly possible for you to conduct conveyancing unaided.

The truth is however that a conveyancing solicitor takes care of a huge number of activities such as approving pre exchange checklists or communicating with managing agents some of which are more safely handled with appropriate training. Additionally legal practices are compelled to carry appropriate indemnity insurance that ultimately protects you from any professional losses you encounter on the part of the solicitor.

 
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