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Transfer of Equity in Melton Mowbray

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 Melton Mowbray.

Remortgage Solicitors Melton Mowbray

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

Profile photo of Lorraine Imhoff

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Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 17/01/17

Local travel information

The nearest airport to Melton Mowbray is Tollerton, Nottingham City Airport (13 miles). East Midlands Airport is 19 miles and Tollerton Airport is 14 miles away. Melton Mowbray train station is almost a mile from Melton Mowbray.

Q.

Local Melton Mowbray attractions

A.

Twinlakes Park Melton Mowbray Country Park and Stapleford St Mary Magdalene Churches Conservation Trust are close at hand to Melton Mowbray.

The closest hospital for Melton Mowbray is St Marys Melton Mowbray.

Q.

How do I find the best rates for conveyancing for a 425,000 property?

A.

Lack of clarity over this point catches out many buyers, and can leave them paying far more in conveyancing fees than they budgeted, and many firms claim to offer theoretically cheap conveyancing, but additional costs are often hiding in the terms of engagement, left unread by preoccupied buyers Any additional costs should be reasonable. Applicable disbursements ought to be listed on the quote. Our online quote calculator will generate an accurate quote for your transaction.

Q.

May the conveyancing costs hide any hidden fees?

A.

No. Homeward Legal's solicitors will not charge any additional fees regardless of circumstances. Know that some conveyancers give 'quotes' which are in fact estimates. The final bill you receive may be much more.

Q.

Should we employ a lawyer suggested by my estate agent?

A.

It is not uncommon for estate agents to refer a solicitors firm. If the agent is paid a referral fee, however, some agents may 'recommend' the conveyancer who pays out the highest referral fee, not the best solicitor for your needs.

Q.

Would ordering a survey be a good idea when buying property?

A.

We firmly suggest that all purchasers in Melton Mowbray instruct a house surveyor if you are intending to buy in Melton Mowbray. There are a wide range of concerns which can negatively affect a property, that a lender's valuation survey, for example, will not cover, which include insect infestation and roof damage.

Q.

How is SDLT measured, how much will it be on a £931000 property?

A.

The Stamp Duty you will owe is based on the valuation. Stamp duty will be £37240 on a £931000 property (information correct September 2012).

Q.

What length of time can conveyancing to purchase an apartment often need in Melton Mowbray?

A.

The number of weeks needed to transact a property does vary, dependent on several issues which may affect the property. These could include if the lender requires specific searches. With Homeward Legal, a sale, purchase or transfer of equity receives fast and efficient service.

Q.

Myself and my partner are purchasing a residence in Melton Mowbray. How do I check if the residence is in a conservation area?

A.

These areas protect streets and neighbourhoods of historical merit. The solicitor handling your purchase provide more details and confirm potential liability for unauthorised works.

Q.

Should we get searches for chancel liability? We are buying a Melton Mowbray maisonette by a 16th Century rectory.

A.

The judgement in Aston Cantlow (PCC) v Wallbank confirmed that chancel repair liability could be enforced. Indemnity policies can be arranged if chancel liability is likely to be enforced. The solicitor acting on your behalf will confirm that a chancel search is appropriate. Church of England properties in the area include St Mary.

 
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