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Transfer of Equity in Newbridge

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 Newbridge

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

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 17/01/17

Newbridge transport and health information and addresses ;

Newbridge's nearest airport is Cardiff Airport (20 miles). Newbridge's nearest train station is Pengam at 4 miles.

Oakdale is a nearby hospital to Newbridge.

Q.

How do I find fixed rate conveyancing in Newbridge?

A.

Misleading conveyancing quotes catch out many home owners, leaving them to pay sometimes £100s more than planned, and many firms claim to offer 'the cheapest conveyancing'. Unfortunately extra costs are often hiding in the solicitor's terms. Any disbursements ought to be listed on a Newbridge conveyancing quote Any extra costs included in terms of engagement should be fair and only come into force where the lawyer is required to complete extra work , which could not be anticipated at the start of the process.

Q.

What individual property should my Newbridge conveyancing solicitor do for a Newbridge house?

A.

The common conveyancing procedure will be to obtain Local Authority, Drainage and Water Search and Environmental and occasionally specific local searches e.g. a Bankruptcy Search (K16).

Q.

Is there anything we can do to bypass paying stamp duty tax?

A.

Stamp Duty Land Tax (SDLT) usually must be paid for property purchases over 125,000 pounds. Stamp duty scheme should not be considered when purchasing in Newbridge, as such schemes are often uneconomical and can be very unlikely to succeed.

Q.

Should I get a house surveyor to review this property purchase?

A.

We firmly recommend that you instruct a surveyor. It is a fact that there are a range of defects that have a negative impact on a property. These can include roof damage. These will not be reported on by a solicitor.

Q.

How is Newbridge contaminated land checked during conveyancing?

A.

A range of contaminants could impact land, and factors like environmental radon sources and proximity to scrap yards will be considered as part of the environmental searches.

Q.

I am concerned about council tax amounts on a Sixties mid-terrace dwelling in Newbridge, what are they?

A.

Usually the conveyancing report on title should contain the relevant Caerphilly council tax band.

The latest council tax rates for residents of Newbridge are published at the Caerphilly local authority website. At the time of writing, 22 September 2012, rates for all bands are:

  • Band A - £733.65
  • Band B - £855.92
  • Band C - £978.20
  • Band D - £1,100.47
  • Band E - £1,345.02
  • Band F - £1,589.57
  • Band G - £1,834.12
  • Band H - £2,200.94

Q.

What kind of local conveyancing searches concerning the risk of local flooding at Caerphilly will a property lawyer in Newbridge be able to conduct?

A.

A lawyer will carry out formal property environmental searches that will include Newbridge flood risk data.

Q.

Is your panel of solicitors geared up for complete fast the legal conveyancing of residential property auction properties in Newbridge?

A.

The legal team work with auctioneers throughout Caerphilly and often do the legal work for auction buyers and sellers. It SI highly advisable for buyers at auction to instruct a suitable property lawyer as fast as they can to allow for a full report of the documents prior to the auction.

Thereafter, following the auction day arrives, your conveyancing lawyer is focused on finalise the conveyancing within the 28 day time frame, a normal requirement of auction conditions.

 
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