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Transfer of Equity in Lydney

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 Lydney

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

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 21/01/17

Lydney services information

The closest station to Lydney is Lydney, approximately a mile away. Gloucester Airport is 20 miles from Lydney. Bristol Airport is 25 miles and away.

Stonebury Day Lydney is the nearest hospital.

Q.

How do I get the best rates for conveyancing in Lydney for a £575,000 property?

A.

Many solicitors promote cheap conveyancing quotes. Unfortunately additional charges may increase the final invoice. Any disbursements should be included on your quote. Homeward Legal quotes are not estimates, and offer a clear statement of your legal fees for a standard conveyancing transaction.

Q.

How long does we account for the legal work to buy a home take, in your opinion?

A.

The time taken to buy or sell property does vary, based on a number of legal considerations including whether the property being bought or sold is leasehold. Eight to twelve weeks is the industry-wide average, whereas our solicitors will, wherever feasible, work towards a six-week timescale.

Q.

Which issues are important to ensure fast legal work?

A.

Primarily, a fast completion is the key to is to employing a proactive, diligent property lawyer. There are several tasks you, as the purchaser, can also do to accelerate the process, including, completing all forms as soon as possible, arranging any finances require to complete the purchase and keeping in regular contact with the property lawyer.

Q.

What does a Lydney property solicitor recommend if the property is inside the boundary of a conservation area in South Gloucestershire local authority that may have an un-consented new windows added?

A.

South Gloucestershire local authority search (LLC1 - Requisition for search and Official Certificate of Search) carried out by your Lydney conveyancing solicitor in the process of the conveyancing will determine if the property is inside a conservation area proof of consent for additions to the property will be supplied.

Q.

Is a Local Authority search a fee or a disbursement?

A.

Unscrupulous firms attempt to pass off fees which should be included as disbursements. It is not always clear whether a cost is a fee or disbursement, and whether it should be included. This charge is a disbursement not a fee, meaning the solicitor passes on the charge at cost.

Q.

What sort of local checks about the risk of flooding to properties in Gloucestershire will my Lydney solicitor be able to carry out?

A.

An important part of the legal procedure involves your conveyancing lawyer carrying out conveyancing searches that provide specific information in relation to Lydney area flood risk.

Q.

Is contaminated land a problem for the majority of residential properties in Lydney?

A.

Land is contaminated by several natural causes. Contaminants such as waste disposal sites and nearby electrical substations should be considered as part of the appropriate search. Contamination can be caused by Lydney waste sites, including Canal Works, Harbour Road, Gloucestershire, GL15 4EN.

Q.

Can I get out of paying SDLT?

A.

Homeward Legal do not recommend any stamp duty avoidance. These schemes are highly expensive and the HMRC can review a scheme up to 6 years after a sale is completed . There have been several legal initiatives, such as for first-time buyers.

 
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