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Transfer of Equity in New Milton

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 New Milton

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

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 05/12/16

Regional travel and health service information

The nearest station to New Milton is Hinton Admiral, almost 3 miles away and the closest airport to New Milton is Bournemouth International Airport. Southampton Airport is 19 miles, Bembridge IoW Airport is 25 miles, Sandown IoW Airport is 22 miles and away.

St Georges Milford is the closest hospital to New Milton.

Q.

How do we get the cheapest conveyancing solicitors?

A.

Various solicitors offer supposedly cheap conveyancing quotes, however additional charges will be included in the solicitor's terms. Excited home owners, eager to get underway, often ignore this small print when they instruct. Any extra costs found in terms and conditions should be fair and reasonable. Your quote should also state third party costs, termed disbursements, to be paid.

Q.

I am buying a converted investment property in a designated conservation area in New Milton. Where can I find more details about the standard of upkeep?

A.

English Heritage, a government body, have conducted a survey and created a list about the state of conservation areas along with the trend. Conservation areas are specified by New Forest who are responsible for everything from paths to the prevention of street posts.

Q.

We are purchasing a rectory in the parish of Widley. Will a chancel search be necessary?

A.

The conveyancing solicitor is likely to recommend that a chancel search is ordered, regardless of the parish where the house being bought is located. Although some Parochial Church Councils have determined to impose chancel repairs on the owners of land subject to chancel liability, it cannot be guaranteed that a parish

in which lay rectors have not been expected to pay chancel repair dues recently will not continue to be so.

Q.

How is stamp duty calculated, and what should we budget for a £575000 property?

A.

Stamp Duty depends on the purchase price. On a £575000 house, stamp duty will be £23000.*

*(Source - www.gov.uk, June 2012)

Q.

Which local authority is responsible for New Milton?

A.

New Milton is located in New Forest District Council, Appletree Court, Lyndhurst, Hampshire, SO43 7PA, Tel: 023 8028 5004

Q.

In a few weeks I am intending to be finally moving from our detached house near New Milton into a maisonette in Lyndhurst , what is the optimum stage to choose a home removal firm?

A.

We tend to encourage home sellers hold off until after the contracts have exchanged because typically an absolute move date wont have been set. For more information speak to Griffin Rob, 9 Wilton Gdns, New Milton, BH25 5UT on 07908 030600 or Rhemo Removals, 120 Old Milton Road, New Milton, BH25 6EB Phone: 01425 612364.

Q.

What type of scrutiny regarding the potential risk of possible flooding in the Hampshire region will the conveyancing solicitor in New Milton scrutinise?

A.

An important component in the conveyancing protocol of buying a property involves a conveyancing lawyer carrying out conveyancing and environmental searches that offer specific information in relation to New Milton flood risk area data.

Q.

As a consequence of the catastrophic flooding in the UK in April 2012 I am wondering whether conveyancing searches aren't sufficient?

A.

Property environmental searches applied for by a property lawyer in New Milton will also include a more informative Landmark flood search if it is felt necessary.

If you remain worried why not try to contact a close neighbour.

 
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