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Transfer of Equity in Longridge

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 Longridge

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

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 26/11/16

Regional services information

The closest train station to Longridge is Ramsgreave & Wilpshire, around 6 miles away. Longridge's nearest airport is Blackpool International Airport (18 miles).

Longridge, Community is the nearest hospital for Longridge.

Q.

There are lots of 'cheap' offers, but how do we find a good one? We are looking for low cost conveyancing.

A.

Both high-street and online solicitors claim to offer theoretically 'the cheapest conveyancing', but additional fees will be included in small print. Our online quote calculator will generate an accurate quote for your transaction.

Q.

What environmental concerns will impact land in Longridge. Will they be comprehensively investigated?

A.

Land in Longridge will be contaminated by a broad range of factors caused by man and by nature, like hazardous and regulated installations. An environmental search will reveal this in more detail.

Q.

Do you have good solicitors that deal with the conveyancing for property auction properties in Longridge?

A.

All of our property conveyancers commonly take instructions from sellers at auction. We often encourage buyers at auction to select a qualified property conveyancing lawyer before the date of the auction to allow for a detailed review of the auction pack.

Thereafter, following the property auction date your solicitor is thoroughly ready for completing the purchase within a as tight time frame as typically required .

Q.

What will the Longridge property solicitor recommend if the home is in a Ribble Valley conservation area which has unauthorised roof aerials fitted to it?

A.

Ribble Valley council searches carried out by your Longridge conveyancing solicitor should check the existence of the appropriate authorisation for additions to the property.

Q.

How many weeks does the conveyancing process need, on average?

A.

On average, the amount of time taken to transfer a residence will vary. This is dependent on potentially many issues which may affect the property, such as if the property is leasehold. We ensure the matter is handled quickly, and to the highest standard of service.

Q.

If you are buying in Longridge near a church built in the 15th Century, do you recommend that we get a chancel search?

A.

In Longridge, where land was once owned by a lay rectors, new owners of that property may be obliged to subsidise upkeep of nearby church property. Some names or words such as 'priory' give an indication of a property's history, and thus whether chancel liability may apply. Church lands in the local area include St Lawrence and St Paul.

Q.

Would the form for fixtures and fittings include tables and chairs?

A.

Chiefly, fixtures are fixed items, such as light switches to the property, whereas fixtures are free-standing items, such as rugs. The need to clarify this is often overlooked, making the approval of the list of fixtures and fittings essential.

Q.

Can you recommend how I hold off paying stamp duty to the Revenue?

A.

We strongly advise against any stamp duty avoidance. Such schemes are often uneconomical and the HMRC can review a scheme up to 6 years after a sale is completed meaning that the full stamp duty amount will be payable, with potential fines.

 
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