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Transfer of Equity in Mudeford

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 Mudeford.

Remortgage Solicitors Mudeford

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

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 23/01/17

Regional travel and health service information

The closest station to Mudeford is Christchurch and Mudeford's nearest airport is Bournemouth International Airport (5 miles). Southampton Airport is 23 miles, Sandown IoW Airport is 25 miles and away.

Christchurch is a relatively close hospital to Mudeford.

Q.

We need to find a cheap solicitor for selling a flat. because we are on a limited budget.

A.

Both high-street and online property lawyers offer theoretically cheap conveyancing. Unfortunately additional costs will be included in the small print. Fees should be reasonable and clear. The conveyancing quote should, in addition, define costs to be paid to third parties, such as the local authority, (disbursements).

Q.

What will our searches cost?

A.

The cost of searches substantially varies, subject to the searches your lender requires. The most frequently ordered searches include a mining search.

Q.

Do you need a chancel search? We are buying a property close by a 1300s 'parson's close' in Mudeford.

A.

There are 15000 parishes throughout the country. Property owners within some of these may be required to pay for the repair of a local church. Owners who have bought property prior

to 2003 may be totally unaware that a liability exists if a chancel search was not carried out.

Q.

Is contaminated land in Mudeford an issue for most residences?

A.

Land in Mudeford is contaminated by a range of factors caused by man and by nature. Contaminants including petroleum and fuel sites will be investigated during the conveyancing process.

Q.

At what point should you instruct a solicitor?

A.

In the vast majority of cases, the earlier, the better. Instructing your solicitor sooner can reduce any chance of the purchase or sale stalling.

Q.

Doing your own conveyancing without a Mudeford conveyancing solicitor appears to be becoming possible when buying a house. Would it actually be sensible ?

A.

Legally speaking there is absolutely no argument at all why a buyer cannot handle the bulk of the legal and technical work on your own. In reality however, a lawyer handles a huge array of assignments ranging from chasing any missing replies/clarifications to enquiries or communication with the lender many of which require training.

Q.

Can Mudeford brownfield site soil still be contaminated?

A.

Mudeford agriculture or industry can cause soil contamination. Other sources of contaminated land include asbestos.

Q.

Can we get out of paying for stamp duty land tax?

A.

Stamp Duty Land Tax (SDLT) is due for property over 125,000 pounds. Homeward Legal strongly advise against any stamp duty reduction, because these schemes are costly and HMRC may challenge a scheme up to six years later.

 
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