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Transfer of Equity in Mundesley

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 Mundesley.

Remortgage Solicitors Mundesley

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

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 27/11/16

Local travel and health service information

Mundesley's closest airport is Norwich International Airport (16 miles). Mundesley's nearest train station is Gunton at 4 miles.

Cromer is the neighbouring hospital.

Q.

How do I find low cost conveyancing in Mundesley?

A.

The confusion over this point catches out many buyers, and can leave them paying far more in fees than they budgeted. Many firms offer cheap conveyancing quotes, however extra fees will be included in the solicitor's terms. Any disbursements ought to be listed on a quote Feeswhich are listed in terms and conditions needs to be reasonable. They only come into force where the lawyer is required to complete extra work for you, which could not be anticipated at the start of the process. Our quotes offer a clear statement of your solicitors fees for a standard purchase or sale.

Q.

We are intending to buy a property in Ashill. Will a chancel search be specified?

A.

Whichever Mundesley parish you are purchasing in, a property solicitor could recommend a chancel search. Chancel repair can be imposed on new owners of a property where Parochial Church Councils (PCCs) have not imposed the same liability on the last owners. For property in the parish of Ashill, it is not safe to rely on the historical behaviour of the parish council alone as a guide.

Q.

I am selling in Mundesley, and have had a quote from you. Will I need to pay any supplementary hidden fees?

A.

It is unfortunate that sellers must read the terms of their conveyancing quote careful to identify any hidden fees. Homeward Legal never hide any additional costs. Some solicitors only estimate conveyancing costs, which they will not be bound to.

Q.

Can I avoid paying for stamp duty to HM Revenue?

Homeward Legal strongly advise against any stamp duty avoidance. These schemes are often uneconomical and HMRC may challenge a scheme up to six years later meaning that the full stamp duty amount will be payable, with potential fines. There have been a small number of government-sponsored schemes, on the other hand, such as disadvantaged area relief.

Q.

For fast conveyancing to buy a £133k home, what can we do to accelerate our conveyancing process?

A.

As is often reported, finding a proactive conveyancer is key fast conveyancing. Beyond that, there are several tasks you can also do, such as, contacting your conveyancer regularly, arranging any finances require to complete the purchase and answering any queries raised by your conveyancer as soon as possible.

Q.

We are buying in Mundesley on a recently-developed former industrial site. Could the soil be contaminated by industrial waste?

A.

Metal contamination may have occurred throughout Mundesley, but where substances causing significant pollution of surface waters or groundwater are found the land will be defined as 'contaminated'. Metal contamination of top-soil in Mundesley is more likely to occur near disused factories or waste management sites. Data on other contaminants, like water contaminants such as detergents and acidic compounds, will also be included in an environmental search.

Q.

Fixtures and fittings refer to which items?

A.

Mainly, fixtures are fixed elements, such as fitted gas or electric fires to walls, floors or ceilings securely and fixtures are free-standing items, like lamps or lightshades. A fixtures and fittings form can avoid any disputes and will confirm what will be sold with the property.

Q.

As a result of the terrible flooding in the UK in April 2012 we are wondering whether conveyancing and environmental searches won't be exacting enough?

A.

A good Mundesley conveyancing solicitor will suggest that you apply for flood searches from Landmark if the environmental conveyancing searches flag up a significant risk Mundesley flooding risk.

You could also try to contact a neighbour of the property for further peace of mind.

 
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