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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: 12/01/17

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 have found a growing number publications about by passing the solicitor e.g. Buying, Selling and Letting Property. That being the case, do I want to use a Mundesley lawyer ?

A.

In theory there is no argument why you should not conduct your own conveyancing unaided. That said, a conveyancing solicitor takes care of a large array of roles from including applying for and interpreting office copies or identifying the most appropriate searches most of which are more safely handled with appropriate training. However solicitors practices always have insurance to shield you in the event of any oversights on the part of the solicitor.

Q.

Will my conveyancing solicitor in Mundesley inform me about the cost of council tax for a Band G property prior to completing on the purchase?

A.

The property lawyer will write to the North Norfolk local council to discover the correct council tax charges which should then be included in the conveyancer's title report. Council tax rates for residents of Mundesley are tabled on the North Norfolk local authority website. At the time of authoring on 10 August 2012 rates are as follows:

  • Band A - £1,012.00
    >
  • Band B - £1,181.00
  • Band C - £1,349.00
  • Band D - £1,518.00
  • Band E - £1,855.00
  • Band F - £2,193.00
  • Band G - £2,530.00
  • Band H - £3,036.00

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.

What sort of additional enquiries concerning the risk of floods at Norfolk will a Mundesley property lawyer include in the report on title on a seventies property we are going to purchase?

A.

A property lawyer will conduct formal environmental searches that incorporate Mundesley flood risk data. A more specialist flood history/risk search, for instance the Landmark search, will sometimes be advised by your Mundesley solicitor if the results of the enviro. search show that there is a potential flood risk to the seventies property.

Q.

Do you work with lenders with Mundesley branches?

A.

Most lenders in Mundesley are on our solicitors' panels. Lenders and mortgage specialists in Mundesley include Blue Print Mortgages Ltd, 24 Market Pl, Dereham, NR19 2AX, Go Direct (UK) Ltd, 60A West End, Costessey, Norwich, NR8 5AJ, and Charles Derby Consultancy, The Exchange/Brick Kiln Road, Hevingham, Norwich, NR10 5NN.

Q.

Will you need to get a chancel liability search? I am buying a property in Mundesley.

A.

Where land in Mundesley was once owned by a lay-rector, new owners of that property may be obliged to pay for maintenance of older church buildings. Following a change in the law, interest over any affected land in Mundesley must be registered by October 2013. This will make it easier to identify affected property through a chancel search. Church of England properties in this area where chancel liability may apply include All Saints.

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.

 
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