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Transfer of Equity in Mildenhall

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 Mildenhall

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

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 06/12/16

Local travel and health service information

The closest train station to Mildenhall is Kennett, about 5 miles away. Mildenhall's closest airport is Cambridge City Airport.

Newmarket is the nearest hospital to Mildenhall.

Q.

How do we get low cost conveyancing in Mildenhall?

A.

Various solicitors promote so-called cheap conveyancing. Unfortunately extra charges will be included in the solicitor's terms of engagement. These terms are often ignored by excited buyers, eager to get underway. Additional fees listed in terms and conditions ought to be reasonable. Homeward Legal quotes offer a clear statement of your legal fees for a standard conveyancing transaction.

Q.

When should I instruct a solicitor?

A.

With a firm offering a 'no move, no fee' conveyancing quote, instructing as early as possible is better, as there are various tasks that can be carried out very early in the process. Instructing a firm early can reduce any chance of the transaction falling through.

Q.

Does our Mildenhall property lawyer inform me about the amount to be paid of council tax for a Band A property before exchanging contracts?

A.

Your homes respective council tax band should usually be reported within the conveyancing report on title, and by the local council. The correct charges for residents of Mildenhall are published at the Forest Heath council website. Currently (27 February 2013) the different rates are:

  • Band A - £1,007.00
  • Band B - £1,175.00
  • Band C - £1,343.00
  • Band D - £1,510.00
  • Band E - £1,846.00
  • Band F - £2,182.00
  • Band G - £2,517.00
  • Band H - £3,021.00

Q.

Do you have fast solicitors that get involved in the conveyancing for property auction properties in Mildenhall?

A.

Our firm is familiar with sellers at auction. Conventionally specialist houses are purchased at auction which need extra review before completing. Conveyancers therefore advise buyers at auction to decide on a conveyancing solicitor well before the property auction date to allow adequate time for a thorough investigation of the documents.

Subsequently, immediately after the property auction date, your lawyer will need to be prepared for swiftly get through the transaction within 28 days as typically required by the terms of sale.

Q.

Is tungsten identified in Mildenhall top-soil?

A.

Mildenhall's local area has a history of contamination from agriculture or industry, like much of the UK. Also considering issues such as groundwater contaminants like sewage and herbicides, contaminants affecting Mildenhall property will be factored into an environmental search.

Q.

We are purchasing a home. Should we have 'conveyancing searches' carried out?

A.

Searches are an accepted set of questions ordered by the property lawyer via local and national authorities, for example a gypsum search. They are unable to address physical defects.

Q.

Does Mildenhall include any conservation areas?

A.

The neighbourhoods near or within Mildenhall include a number of areas of 'special architectural and historic interest' designated as areas of conservation. A solicitor will confirm potential liability for unauthorised works and provide more details for conservation areas in Mildenhall.

Q.

In a few months we are expecting to move from our terraced home in Mildenhall into a newer house in Martlesham Heath . At what point to instruct a home removal company?

A.

Best advice is for home movers to hold off instructing a removal firm until such time as all parties have formally agreed a formal move date which occurs after final contracts are signed. Local removals firms include P & F Safepac Co Ltd, Safepac House Field Rd, Mildenhall, Bury St. Edmunds, IP28 7AP Tel: 01638 713323 or Safepac, Safepac House/Field Road, Mildenhall, Bury St. Edmunds, IP28 7AP Call: 01638 713323.

 
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