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Transfer of Equity in Narborough

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 Narborough

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

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 15/01/17

Narborough transport and health information

Narborough's closest station is Narborough. Narborough's nearest airport is Coventry Airport (17 miles). Birmingham Airport is 24 miles, East Midlands Airport is 19 miles and Tollerton Airport is 25 miles away.

Narborough is within 2 miles off the M1 junction entry 21 Southbound.

Leicester Royal Infirmary is the neighbouring hospital for Narborough.

Q.

We need to find a low cost conveyancing quote in Narborough. and what is included?

A.

Many solicitors offer supposedly 'the cheapest conveyancing quotes'. However extra charges can increase your solicitor's invoice. Extra fees should be fair and reasonable. A quote for conveyancing in Narborough must also state costs to be paid to third parties, such as the Land Registry, (disbursments).We provide quotes, not estimates, and clearly state the fees for a standard conveyancing.

Q.

What can I do to get out of paying stamp duty land tax?

A.

Stamp Duty Land Tax is generally due on home purchases sold for over one hundred and twenty-five thousand pounds. Stamp duty mitigation should not be considered when purchasing in Narborough. Such schemes are highly expensive and the HMRC can review a scheme up to 6 years after a sale is completed and the total stamp duty tax may be payable.

Q.

Which government body is obliged for safeguarding the condition of the conservation areas in Narborough?

A.

English Heritage have conducted a survey and created a detailed list on the condition (poor to good) of conservation areas in England along with the trend of the area.

Local Narborough conservation area matters, such as what can be demolished, addition of hard standings to the front of properties or new developments are overseen by the local authority (Blaby).

Q.

How can we guard against being gazumped?

A.

This arises when a owner accepts a buyer's offer, only to dismiss it in favour of a better offer. Gazumping could occur even months into a purchase. The chance of gazumping exists for almost any purchase. The first step in reducing the chance that gazumping will effect you is to instruct your conveyancing solicitor as soon as you can.

Q.

What amount of time may be planned for the conveyancing process need in Narborough?

A.

The time taken to transfer a property varies. This wide range results from numerous issues which may affect the property including whether either party has a mortgage. Our solicitors work hard to ensure your transaction is handled quickly, and to the highest standard of service.

Q.

We have found a buyer and have a quote from you. Could there be any additional costs?

A.

Homeward Legal's solicitors will never charge any hidden charges whatsoever. Some firms only provide estimates disguised as quotes, meaning that your final bill could be much higher.

Q.

Which local authority looks after Narborough?

A.

Narborough is located in Blaby District Council, Council Offices, Desford Road, Narborough, Leicestershire LE9 5EP phone: 0116 275 0555

Q.

If we are intending to buy near Narborough, in the parish of Belgrave, do we need a chancel search?

A.

A solicitor instructed to handle the transaction may suggest that a chancel search is taken out. Although some church councils have exercised their right to charge chancel repairs on the owners of lay rectorships, there is no way to be certain that a parish where chancel repair fees have not been paid previously will continue to be free from liability, so the solicitor will be unable to make any guarantees, and will recommend insurance.

 
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