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Transfer of Equity in Okehampton

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 Okehampton

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

Profile photo of Clarisa McMahon

By

Ask Clarisa a question hl@syntarsus.co.uk

Updated: 20/01/17

Local key data:

Okehampton's closest train station is Okehampton and Okehampton's nearest airport is Plymouth City Airport (22 miles).

Okehampton Community is the neighbouring hospital to Okehampton.

Q.

I am looking for a cheap Okehampton solicitor to own a house. What are the risks?

A.

This catches out many buyers, and can leave them paying far more in fees than they budgeted, and many conveyancers claim to offer supposedly 'the cheapest conveyancing quotes'. Often additional costs are frequently hidden in the terms and conditions. Excited buyers, eager to get underway, often ignore this small print when they instruct. Additional fees which are listed in the terms should be fair. They be applied only where the solicitor must complete unanticipated additional work , which could not be anticipated at the start of the process. Any disbursements should also be clearly stated on a quote

Q.

What can contaminate land in Okehampton. Will they be thoroughly investigated?

A.

A wide range of contaminants caused by factors caused by man and by nature may potentially impair land in Okehampton, like existing and proposed overhead electricity cables and pollution incidents. An environmental search will offer more detail. Land / Premises At, Exeter Road Ind Est, Devon, EX20 1UF may be one source of local contamination.

Q.

How can we check if a building is in a conservation area?

A.

Areas deemed to be of 'special architectural and historic interest', such as fishing villages, will be designated as conservation areas. You may wish

to contact the council if you have specific questions, but your solicitor will address this during the house-buying process.

Q.

Lloyds TSB is going to be our mortgage lender, is there anything I need to check?

A.

Buyers in Okehampton should consider that, over the last two years, some lenders are now reducing their 'solicitor panel'. This can mean increased conveyancing costs for buyers. Homeward Legal are able to act for most lenders in the UK, keeping buyers' legal costs to a minimum.

Q.

How soon should we arrange a solicitor?

A.

If you use a firm offering a 'no move, no fee' guarantee, instructing as soon as possible is wise. Some groups advocate holding off instruction until the offer is accepted, but you will then be at a serious disadvantage in the event of a contract race, or buyer eager to move quickly.

Q.

Will I need a home buyers survey?

A.

It is advised that property purchasers instruct a surveyor. There can be a range of issues that affect a property, that a solicitor will be unable to address. These can include failed double glazing or blocked drains.

Q.

Is there anything we are supposed to do to make our Okehampton conveyancing faster?

A.

Instructing a experienced lawyer is essential to buying faster. Furthermore, there are several things you, as the buyer, can also do to speed up the process. These include:

  • keeping in regular contact with the lawyer
  • promptly answering your lawyer's questions
  • getting your mortgage offer in place

Q.

What can our conveyancing searches be?

A.

Searches range in cost, depending on the searches required by your lender. A conveyancing solicitor will order a bundle generally including a mining search and a chancel liability search.

 
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