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Transfer of Equity in Maidstone

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 Maidstone

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

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 19/01/17

Local area travel information and addresses ;

The closest airport to Maidstone is Rochester, Maidstone Rd Airport. London Airport is 22 miles, Rochester Airport is 6 miles and London Biggin Hill Airport is 22 miles away. Maidstone's closest station is Maidstone West.

Motorists are well served with Maidstone situated with good major road access nearby at around 1.5m of Junction 7 Westbound of the M20.

Somerfield Maidstone is a nearby hospital for Maidstone.

Q.

How do I find a cheap solicitor for buying a property?

A.

Several firms promote theoretically cheap conveyancing quotes. Often extra fees may inflate the solicitor's invoice. Applicable disbursements should be included on the quote Extra charges should be fair.

Q.

Which environmental factors can contaminate land in Maidstone. Will they be checked for thoroughly?

A.

A wide range of contaminants can reduce the value of land in Maidstone, like civil aviation activity in the area or proximity to scrap yards. An environmental search will offer more detail. Land / Premises At, A20 London Road, Kent, ME16 0LE is one such potential source of local contamination.

Q.

How much would fee for our conveyancing searches total?

A.

Conveyancing searches ranges in cost, depending on the searches required by your lender. These searches are disbursements paid to a third party, and are charged at cost.

Q.

Can you suggest how I get out of paying stamp duty to HM Revenue?

Stamp duty is generally due on property purchases valued at over one hundred and twenty-five thousand pounds. Stamp duty mitigation is not advised when buying in Maidstone, as such schemes are expensive and , if a scheme is challenged, you can be fined up to 100% of the amount owed, in additional to the tax itself. There have been a small number of government-sponsored schemes, such as for first-time buyers. A conveyancing solicitor should confirm whether you are eligible.

Q.

Are some of the conservation areas in Maidstone are at risk?

A.

The most recent assessment of the state of conservation areas in Maidstone is recorded by English Heritage. This details are to be found at their site- Boxley Abbey is listed as very bad with medium vulnerability and deteriorating condition, Elmstone Hole with Grafty Green with Boughton Malherbe is listed as poor with medium vulnerability and deteriorating condition.

Phone 01622 602335 for more information.

Q.

Which local authority looks after Maidstone?

A.

Maidstone is located in Maidstone Borough Council, Maidstone House, King Street, Maidstone, Kent, ME15 6JQ, Call: 01622 602 000

Q.

How soon do you need to get a solicitor to handle our purchase?

A.

The straightforward answer is, the earlier, the better, as there are a number of tasks that can be performed very early in the process. Instructing a solicitor to handle your Maidstone conveyancing early can reduce any chance of the transaction aborting.

Q.

In a few weeks I am likely to move out of our terraced home in Maidstone into our next house in Kingsnorth . What is the right point to select a removals firm?

A.

Most solicitors tend to advise that home movers put off arranging removals until after contracts have exchanged as commonly a home moving date wont have been confirmed. Try Maidstone Movers, 9 Commodore Rd, Maidstone, ME14 5PH Call: 01622 758497 or Maidstone Movers, 69 Bargrove Road, Maidstone, ME14 5RT Telephone: 01622 862655.

 
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