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Transfer of Equity in Nantyglo

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 Nantyglo

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

Profile photo of Clarisa McMahon

By

Ask Clarisa a question hl@syntarsus.co.uk

Updated: 28/11/16

Local area services and health information

Nantyglo's closest airport is Cardiff Airport. and Nantyglo's nearest train station is Pontlottyn.

Blaina & District is the neighbouring hospital for Nantyglo.

Q.

Do all cheap conveyancing quotes have extra fees? We need a low cost conveyancing quote.

A.

Many law firms claim to offer cheap conveyancing quotes. Unfortunately extra charges will be included in the solicitor's terms of engagement. Any charges listed in terms and conditions should be fair. A quote ought to list any disbursements.Our online calculator will create an accurate quote for your buy.

Q.

How can my conveyancing solicitor in Nantyglo advise on the risk and history of floods to properties in Nantyglo?

A.

A vital part of the conveyancing protocol of buying a property involves a conveyancing solicitor conducting conveyancing searches that offer you information regarding Nantyglo flood risk. A significantly more specific flood risk search (e.g. Landmark) may be recommended by your solicitor in Nantyglo if in the event that the enviro. search identify flood risk to the property.

Q.

We are purchasing a rectory in Nantyglo. Will a chancel search be needed?

A.

Your property lawyer is likely to recommend that a chancel search be ordered, regardless of the parish where the house being bought is located. Chancel repair may be imposed on new owners of a house where Parochial Church Councils have previously chosen not to do so. For property in the parish of Nantyglo, it is not safe to rely on the historical behaviour of the parish council alone as a guide.

Q.

How do we work out Stamp Duty Land Tax rates and what should we pay on a £182000 residence?

A.

The Stamp Duty due will rely on a limited set of factors, including the value of the property, and whether it is in a 'disadvantaged area'. For a residential property in Nantyglo estimated at £182000, the SDLT rate is £1820 (source: www.hmrc.gov.uk, February 2013).

Q.

Is the High Speed 2 line going to impact houses in Harrow?

A.

Phase 1 of HS2 is going to impact numerous property in the local authority of Harrow. If a Wealdstone property is located within 200m of the planned route, this will be identified on a Local Authority search.

Q.

How much is the council tax on a Fifties mid-terrace Band C home in Nantyglo?

A.

You will be briefed about your house's council tax band in the title report.

The latest tax rates for homes in Nantyglo are set out online at the Blaenau Gwent local authority site. On (14 October 2012) band rates are:

  • Band A - £975.31
  • Band B - £1,137.87
  • Band C - £1,300.42
  • Band D - £1,462.97
  • Band E - £1,788.07
  • Band F - £2,113.18
  • Band G - £2,438.28
  • Band H - £2,925.94

Q.

What are fixtures and fittings?

A.

Chiefly, fixtures are fixed elements, such as door handles to walls, floors or ceilings securely and fixtures are easier to detach or remove. Completion or agreement of a fixtures and fittings form is unfortunately often left to the last minute, when a dispute may jeopordise the transaction.

Q.

What are conveyancing searches?

A.

These searches are a bundle of enquiries ordered by your conveyancing solicitor through several authorities, which may include a coal mining search. These searches provide much needed information, however they deal with the legal aspects of the purchase.

 
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