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Transfer of Equity in Long Melford

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 Long Melford.

Remortgage Solicitors Long Melford

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

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 24/01/17

Local services information

Long Melford's closest airport is Elmsett, Whatfield Rd Airport. Elmsett Airport is 12 miles, Cambridge City Airport is 25 miles and Stansted Airport is 24 miles away and the nearest station to Long Melford is Sudbury Suffolk.

The neighbouring hospital for Long Melford is Walnuttree Sudbury.

Q.

How do I get low cost conveyancing?

A.

This matter catches out many buyers and sellers, and can leave them paying far more in fees than they budgeted. Many property lawyers offer supposedly 'the cheapest conveyancing quotes', but extra charges will be included in the small print. Extra fees included in the small print should be reasonable. They be applicable if the lawyer must complete work beyond standard conveyancing on your behalf, which could not be anticipated at the start of the process. Any disbursements should also be included on the conveyancing quote. We offer quotes, not estimates, and clearly state all legal fees you pay for a standard conveyancing transaction.

Q.

Long Melford property solicitors do formal property when instructed to act for a home buyer,, but which particular ones?

A.

If you are applying for a mortgage a mortgage lender expects these searches - Local Authority, Drainage and Water Search (CON29DW or personal) and Environment Search,, and possibly specific local searches, like a Commons Registration (CON290).

Q.

What will the council tax cost me on a Sixties Band H maisonette in Long Melford?

A.

Your property's pertinent council tax band should almost always be detailed within the report on title along with the local council

Council tax rates for residents of Long Melford are detailed at the Babergh local authority website. At the time of writing (15 October 2012) the different rates are:

  • Band A - £1,003.00
  • Band B - £1,170.00
  • Band C - £1,337.00
  • Band D - £1,504.00
  • Band E - £1,838.00
  • Band F - £2,172.00
  • Band G - £2,506.00
  • Band H - £3,008.00

Q.

Is mercury (Hg) contamination identified in Long Melford soil?

A.

Soil contamination by industrial waste, including metals, will have occurred in parts of Long Melford. Environment search results will factor contaminants, including metals and others such as groundwater contaminants like industrial chemicals.

Q.

Which local authority is responsible for Long Melford?

A.

Long Melford is located in Babergh District Council, Corks Lane, Hadleigh, Suffolk, IP7 6SJ, Tel: 01473 826 622

Q.

How long can I account for the legal work to buy a flat generally require, on average?

A.

In general, the number of weeks needed to sell or purchase a property varies, influenced by a broad set of legal considerations. Homeward Legal work hard to ensure a sale, purchase or transfer of equity receives fast and efficient service.

Q.

What is gazumping?

A.

Gazumping occurs when a property owner approves an offer, only to dismiss it in favour of a higher offer. It could occur weeks into a transaction. The chance of gazumping is present in any transaction. You should instruct a proactive solicitor as early as possible to reduce the chance of your transaction being gazumped.

Q.

I am buying in Long Melford, and have had a conveyancing quote from you. Are there any extra fees?

A.

No. Our solicitors do not hide any hidden charges for any reason. Know that some websites offer unrealistically low 'quotes' which are in fact estimates, meaning that you could pay much more when you complete.

 
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