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Transfer of Equity in Oxford

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 Oxford

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

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 27/11/16

Local information:

As calculated by the UK 2011 census, Oxford's population is 612,827 people spread over an area of 583,305 acres meaning a density of population of 1.1 people per acre.

The closest airport to Oxford is Kidlington, Oxford Airport. Turweston Aerodrome Airport is 21 mile s, Kidlington Airport is 6 miles and Booker Airport is 22 miles away and Oxford's closest train station is Oxford at 1 mile s.

The closest hospital for Oxford is Radcliffe Infirmary Oxford.

Q.

How do I get the best conveyancing rates in Oxford for a £340,000 property?

A.

Many conveyancers purport to offer supposedly cheap conveyancing, but additional fees are frequently hidden in the solicitor's terms. Any extra costs needs to be reasonable and clear. They be applicable if the solicitor must complete additional work on your behalf, which could not be anticipated at the start of the process. Get a quote using the Homeward Legal quote calculator for the property you are buying.

Q.

In the next few we are shortly going to move out of our terraced property just outside Oxford to our new house in Henley On Thames , when to select a home removal company?

A.

Most solicitors will advocate that you wait arranging removals until formal exchange of contracts because usually the firm moving date will not have been settled. Why not try Brittania Freestones, Telephone Exchange/Speedwell St, Oxford, OX1 1RH on 01865 201144 or Removals Oxford, 122 Marlborough Rd, Oxford, OX1 4FR Phone: 0871 704 2804.

Q.

I am taking out a mortgage with Co-operative Bank - is there anything we need to consider?

A.

Buyers need to be aware that some lenders have limited the number of solicitors who can act for them. Homeward Legal are able to act for many lenders.

Q.

How do we determine stamp duty rates, and what should we budget for a £1052000 home?

A.

SDLT in Oxford is dependent on the value of the house. Stamp duty will be £52600 on a £1052000 property (information accurate May 2012).

Q.

We are purchasing a residential property in Blackbird Leys. Will the house be eligible for stamp duty relief?

A.

Oxford disadvantaged areas are identified by ward. Disadvantaged areas in Oxford currently include Blackbird Leys. Update: As of the 2013/14 tax year, stamp duty relief for disadvantaged areas is no longer available.

Q.

If we are buying in the parish of Cassington, do we need a chancel search?

A.

The lawyer could advise a chancel search. Chancel repair has the potential to be imposed on new owners of a house where parish councils have not imposed the same liability on the last owners.

Q.

How much can charges for our conveyancing searches come to?

A.

With a Homeward Legal solicitor, a purchase conveyancing client charged no more than £249 for Oxford conveyancing searches. They are paid to a third party, and are charged at cost.

Q.

Do we need to get a house surveyor to review our home purchase?

A.

It is strongly suggested that the majority of purchasers in Oxford book a RICS survey. There can be a wide range of issues which affect a property, that a solicitor will be unable to address, such as poor drainage.

 
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