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Transfer of Equity in Nailsea

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 Nailsea

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

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 18/01/17

Things to do in Nailsea

Tyntesfield National Trust , Blacknore Point Lighthouse, Clapton-In-Gordano St Michael Churches Conservation Trust and Brockley St Nicholas Churches Conservation Trust are in the vicinity of Nailsea.

The nearest airport to Nailsea is Bristol Airport. and Nailsea's nearest train station is Nailsea and Backwell at 1 mile s.

The closest hospital to Nailsea is Clevedon.

Q.

How do I find the cheapest Nailsea conveyancing quote?

A.

Various solicitors purport to offer so-called cheap conveyancing. However additional fees will be included in the solicitor's terms of engagement. Extra charges listed in terms of engagement needs to be fair and reasonable. The conveyancing quote should also clearly state applicable disbursements.

Q.

The property being purchased is on a brownfield site. Could the top-soil be contaminated by industrial waste like manganese (Mn)?

A.

Restrictions exist to stop future soil contamination, but some will remain in the environment for decades. Metal contamination of soil in Nailsea is more likely to occur near landfill sites. Data on other contaminants, like trichloroethylene, will also be included in an environmental search.

Q.

What will the Nailsea conveyancing solicitor recommend if the property is in a North Somerset planning authority conservation area which has unsightly roof antenna fitted?

A.

Local authority search (LLC1 - Requisition for search and Official Certificate of Search) conducted by a property lawyer during the

legal process will find out whether the Nailsea property a conservation area proof of consent for changes to the property will be asked for.

Q.

When we are buying in Nailsea, will you need to get a chancel search?

A.

Property owners in Nailsea may be subject to chancel repair liability. Some names or words such as 'glebe' give an indication of a property's history, and thus whether chancel liability may apply. Ecclesiastical properties in Nailsea include Christ Church, Holy Trinity and Trendlewood Church.

Q.

How is Stamp Duty Land Tax rates calculated, what should it be on a £950k residential property?

A.

Stamp Duty in Nailsea is dependent on the valuation. It will be £38000 on a £950k property.

Q.

In 1 month we are likely to be moving out of our semi detached property in Nailsea into a flat in Long Ashton , when to appoint a removal company?

A.

Your solicitor would tend to advise that home sellers put off until contracts have exchanged as a move date wont have been fixed. Local home mover companies include Excalibur Removals Ltd, 17 Shetland Way, Nailsea, Bristol, BS48 2UW Tel: 01275 810105.

Q.

When do I need to find a conveyancer?

A.

The short answer is, the earlier in the process you can instruct a conveyancing solicitor, the better, as there are several tasks that can begin immediately. Early instruction of a conveyancing solicitor could mitigate the chance of the transaction aborting.

Q.

I am intending to purchase a residence in the parish of Chilton Cantelo. Is a chancel search required?

A.

Whichever Nailsea parish in which you are purchasing, a conveyancing lawyer may suggest a chancel search. In older areas of Nailsea, chancel repair may be imposed on current owners of a property where parish councils have not imposed the same liability on the last owners, so it can be difficult to use this as a guide.

 
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