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Transfer of Equity in Kingsley

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 Kingsley

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

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 01/12/16

Kingsley services information

Kingsley's closest station is Blythe Bridge. Kingsley's closest airport is Manchester Terminals 1 & 3 Airport (27 miles).

Cheadle is a nearby hospital.

Q.

What do you charge for the legal fees on a £379,000 property? We are looking for a low cost conveyancing estimate.

A.

The confusion over this point catches out many buyers, and can leave them paying far more in fees than they budgeted, and many firms advertise theoretically 'the cheapest conveyancing quotes', however extra costs can increase your final bill. Any additional costs ought to be clearly defined.

Q.

When in the process do we need to instruct a conveyancing solicitor in Kingsley?

A.

With few exceptions, the sooner you instruct a conveyancing solicitor, the better, as the legal work can commence very early in the process. Some groups suggest waiting before instruction until an offer has been firmly agreed, but opting to delay can jeopardise your sale or purchase.

Q.

Should we choose a property solicitor referred by our estate agent in Knighton?

A.

It is not uncommon for estate agents to recommend a conveyancer. However, if the agent is paid a fee by the solicitor, the agent may recommend the firm which pays to the largest referral fee, not the best solicitor for your needs.

Q.

How much would fee for the searches in Kingsley be?

A.

The cost of searches in Kingsley does vary markedly.

Q.

Can you advise how to defer paying stamp duty in Kingsley?

A.

Stamp duty avoidance is not recommended for purchases in Kingsley, as such schemes are often uneconomical and unreliable.

Q.

Following recent news about the major flooding in 2012 in the Midlands I am questioning if flood risk searches aren't sufficient?

A.

A lawyer in Kingsley will get environmental searches if the environmental search determines a local Kingsley flood risk.

You may be able to speak to a local resident to gain additional peace of mind.

Q.

Will I need to get a chancel search? We are purchasing a Kingsley property next to a 1200s 'church furlong'.

A.

In Kingsley, where land was once owned by a lay impropriators, new owners of that property may be obliged to contribute towards the cost of maintenance of specific local church buildings. A chancel search addresses if such a liability exists. Your conveyancing solicitor will suggest an appropriate indemnity policy to address chancel liability. Kingsley church properties include All Saints, S.Werburgh and St John the Evangelist.

Q.

My wife and I are purchasing a residence in Kingsley. How do I verify if the residence is in a designated conservation area?

A.

Areas considered to be of architectural merit, like mining villages, may be recorded as conservation areas. Your lawyer will advise further and address the consequences of purchasing property in a conservation area.

 
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