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Transfer of Equity in Kings Lynn

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 Kings Lynn

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

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 29/11/16

Kings Lynn attractions and landmarks

St George's Guildhall National Trust Kings Lynn St Nicholas Chapel Churches Conservation Trust and Islington St Mary Churches Conservation Trust are in Kings Lynn.

The nearest airport to Kings Lynn is Norwich International Airport. Kings Lynn's closest station is Kings Lynn.

The closest hospital is The Queen Elizabeth, Kings Lynn.

Q.

What are the best conveyancing rates for a £716,000 house?

A.

Many online and high street solicitors purport to offer 'the cheapest conveyancing quotes'. However extra charges will be included in the small print that unknowing sellers and buyers have not reviewed The disbursements to be paid ought to be listed on any quote for conveyancing in Kings Lynn Extra fees included in your solicitor's terms ought to be reasonable and only be applied if the solicitor is required to perform tasks outside a normal transaction , which could not be anticipated at the start of the process. The online quote calculator can generate an accurate statement of the legal fees for the property you plan to buy.

Q.

We are going to be finally moving out of our terraced residence just outside Kings Lynn into a new house in Hunstanton . At what point to choose a removals firm?

A.

The most sensible course of action is for home movers to avoid booking the removals company until after you have confirmed your date that takes place once signing of contracts.

For a local Norfolk firm Smiths Removals, Smiths Removals, King's Lynn, PE30 3PH Tel: 01553 674657 or Harveys, 18 Hayfield Rd, North Wootton, King's Lynn, PE30 3RT Call: 01553 674611.

Q.

How frequent is gazumping?

A.

Gazumping happens when a house seller approves the 1st purchaser's offer and later refuses it. Instead, they then go for a greater offer. The will be a danger of gazumping in any transaction, because offers are not binding until exchange of contracts. Consider instructing a proactive solicitor as early as possible to reduce the chance of your offer being gazumped.

Q.

Which local authority is responsible for Kings Lynn?

A.

Kings Lynn is located in King's Lynn and West Norfolk Borough Council, King's Court, Chapel Street, King's Lynn, Norfolk, PE30 1EX, phone: 01553 616 202

Q.

Will we need a chancel search? We are purchasing a flat conversion in Kings Lynn.

A.

There are over 15,000 ecclesiastical parishes throughout the UK. Property owners within some of these may be required to subsidise the repair of a local church. Liability has the potential to impact the value of a Kings Lynn property, but an indemnity policy may be available to protect the new owners. The solicitor carrying out the legal work for your move will confirm that a chancel search is appropriate. Kings Lynn churches where chancel liability may apply include South Lynn All Saints and St John the Evangelist.

Q.

Flood risk searches are compiled from archived records but when one considers recent events such as the fact that 4 of the top 5 wettest years recorded were in last 10-12 years, are they comfort enough to establish sufficient information about the risk of flooding in Kings Lynn?

A.

Environmental searches applied for by your solicitor in Kings Lynn will also include the far more thorough search (Landmark) if required.

If you are concerned try to contact a close neighbour.

Q.

Will we need a chancel search if I plan to buy in the parish of Newton by Castle Acre, near Kings Lynn?

A.

A lawyer could recommend a chancel search. In older areas of Kings Lynn, chancel repair dues can be collected on current owners of a house where Parochial Church Councils have not imposed the same liability on the last owners, so it can be difficult to use this as a guide.

Q.

Which environmental factors will affect land in Kings Lynn, and will they be comprehensively investigated?

A.

Residential property is contaminated by a broad range of naturally-occurring factors, like nearby electrical substations. An environmental search should offer more information. Docking Landfill, Fakenham Road, Norfolk, PE31 8NW is a source of potential contamination in Kings Lynn.

 
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