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Transfer of Equity in Newton Aycliffe

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 Newton Aycliffe

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

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 15/01/17

Local area travel and health information and addresses ;

Newton Aycliffe train station is about 1 mile from Newton Aycliffe. The nearest airport to Newton Aycliffe is Darlington, Durham Tees Valley Airport (9 miles).

Motorists are well catered for with Newton Aycliffe situated with very good road access around 2m of Junction 59 Northbound of the A1M.

Lady Eden Bishop Auckland is a relatively close hospital to Newton Aycliffe.

Q.

How do we find low cost conveyancing?

A.

Misleading conveyancing quotes catch out many buyers, leaving them to pay sometimes £100s more than planned. Many law firms promote theoretically 'the cheapest conveyancing quotes'. Unfortunately additional costs are often hiding in the small print that buyers often do not check. Costs found in the terms should be reasonable. A quote should also clearly state third party costs, termed disbursements, to be paid.

Q.

The estate agent we are using in Wandsworth has suggested the property solicitor. Is it a good idea to instruct this solicitor?

A.

Both agents and mortgage brokers may refer a solicitor. Such referrals need to be weighed up against alternatives, including online or local firms, as some agents choose the solicitor willing to pay the highest referral fee, not the best solicitor for your needs.

Q.

Will a report on the property's title compiled by the professional conveyancing solicitor in Newton Aycliffe advise us on the cost of the council tax for a Band D townhouse prior to exchanging contracts?

Your lawyer will approach the relevant local authority to ascertain the latest council tax charges which will be set out in the title report. Up-to-date rates for homes in Newton Aycliffe are listed on the council website.

Q.

My partner and I are buying in Newton Aycliffe. Can I find out if the residence is in a designated conservation area?

A.

Conservation areas detail local areas of historic or architectural significance. Your conveyancing solicitor will offer more information and address the impact buying in a conservation area may have.

Q.

Should I get a building survey?

A.

It is suggested that property purchasers arrange a RICS surveyor. Buyers should be aware that there are a range of concerns that will impact a property, that a solicitor will be unable to address, such as unsafe chimney circulation.

Q.

When in the conveyancing process should you speak to a solicitor to handle our sale?

A.

In the vast majority of cases, the earlier, the better. The legal work can then start immediately. Promptly instructing a conveyancing firm for a purchase means that you can shave days off the process by having the details of your instructed solicitor ready when you make an offer, or, if you are selling a property, prior to marketing the property, documents can be prepared to make it potentially more attractive to motivated buyers.

Q.

Why could purchase conveyancing legal work be so delayed? Should we be worried?

A.

Conveyancing may be drawn out for a variety of reasons. The reasons are beyond the conveyancing solicitor's power. We see how frustrating such delays may be and aim to minimise the burden of these delays wherever it is feasible by, for example, ordering searches as early as possible. Common delays can include slow third parties such as landlords or managing agents.

Q.

Which local authority looks after Newton Aycliffe?

A.

Newton Aycliffe is located in Durham County Council, County Hall, Durham, DH1 5UL, phone: 0300 123 7070

 
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