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Transfer of Equity in Northampton

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 Northampton

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

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 06/12/16

Local travel information:

As reported in the UK 2011 census Northampton's usual residential population is 653,215 spread over an area of 466,936 acres meaning a density of residential population of 1.4 people per acre.

Northampton is less than three miles of junction entry 15a Southbound of the M1.

The closest airport to Northampton is Turweston Aerodrome Airport (16 miles). and the closest station to Northampton is Northampton.

The most convenient hospital to Northampton is Northampton General.

Q.

How do we get a discount conveyancing estimate in Northampton?

A.

Confusion over this issue catches out many homeowners, and can leave them paying far more in fees than they budgeted. Many solicitors promote theoretically cheap conveyancing quotes. Often additional costs are frequently hidden in the terms of engagement. The disbursements to be paid must also be stated on your conveyancing quote Any additional costs which are listed in the small print needs to be fair and only be applied if your conveyancer is required to perform tasks outside a normal transaction on your behalf, which could not be anticipated at the start of the process. Our online quote calculator will generate an accurate quote for your transaction.

Q.

Can you recommend how I avoid paying stamp duty land tax?

A.

Stamp duty must be paid for home purchases valued at over one hundred and twenty-five thousand pounds. Stamp duty reduction should be treated with extreme caution in Northampton. These schemes are costly and often likely to fail.

Q.

How is Northampton contaminated land investigated?

A.

A range of contaminants caused by natural causes can quickly spoil land in Northampton. Issues including overhead transmission lines or coal mining will be detailed in an appropriate search. A508, NN4 0LY is a source of potential contamination in Northampton.

Q.

What sort of inquiry concerning the potential risk of floods to properties in Northamptonshire will the solicitor in Northampton go into detail on?

A.

An important component in the conveyancing procedure involved in buying a home involves your conveyancer carrying out property conveyancing searches that go into details with respect to risk of flooding in Northampton. An inexpensive thorough search (e.g Homecheck) might be recommended by a qualified conveyancing solicitor in Northampton if in the event that the environmental search suggest any risk of flooding.

Q.

We are moving in Northampton, and have a conveyancing quote from you. May there be any additional charges?

A.

No. Homeward Legal do not charge any additional charges for sale or purchase conveyancing. Our conveyancing quotes offer an honest and accurate fee the legal costs for your sale or purchase.

Q.

Northampton conveyancers conduct formal searches if acting for a home purchaser but what specific searches?

A.

If taking out a mortgage, your lender mandates the following Local Authority, Drainage Search (Con29DW) and Environmental, and occasionally special local Northampton searches such as Utilities report.

Q.

Do we need a chancel search if I am buying in the parish of Harringworth?

A.

Your conveyancing solicitor is likely to recommend that a chancel search be ordered. Chancel repair may be apportioned on the owners of a home where Parochial Church Councils (PCCs) may have spared previous owners or tenants. In the event that chancel liability may apply, your solicitor might recommend insurance rather than pulling out of the purchase.

Q.

Does 'fixtures and fittings' include things like sofas?

A.

In the main, there is not a strict definition of 'fixtures and fittings'. Early agreement of a list of fixtures and fittings will avoid later disputes and will save much anxiety later in the conveyancing process..

 
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