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Transfer of Equity in Penzance

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 Penzance

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

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 03/12/16

Local key data:

The closest airport to Penzance is Penzance Airport (1 mile). Lands End Airport is 6 miles away. The nearest station to Penzance is Penzance.

The nearest hospital is West Cornwall Penzance.

Q.

We are looking for low cost conveyancing. Will I get a quote or and estimate?

A.

Many firms purport to offer theoretically 'the cheapest conveyancing'. Often additional fees will be included in the small print. Fees should be fair and reasonable. We offer quotes, not estimates, and clearly state all legal fees you pay for a standard conveyancing transaction.

Q.

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

A.

Essential to moving faster is to use a proactive conveyancer. Beyond that, there are various jobs you as the buyer can also do to speed up your conveyancing. These include:

  • pushing the conveyancer to begin enquiries as soon as possible
  • answering any queries raised by the conveyancer as soon as possible
  • confirming your mortgage offer

Q.

How is contaminated land in Penzance identified?

A.

A wide range of contaminants could lessen the value of land, like proximity to waste sites or nearby electrical substations. An environmental search should offer more information.

Q.

Which individual conveyancing searches should the Penzance lawyer apply for when acting on a Penzance building?

A.

Standard legal procedure is to get the following Local Authority, Drainage and Water Search (CON29DW or personal), Environmental, Tin Mining Search and China Search and occasionally less common searches for example Planning Search.

Q.

My partner and I are buying in Penzance. How can we establish whether the residence is in a conservation area?

A.

With 9000 areas of conservation throughout the country, the areas near or within Penzance will include a range of areas of historical or architectural value designated as protected. A property solicitor will address the consequences of purchasing property in a conservation area and offer more information.

Q.

Do we need to choose a lawyer referred by our estate agent in Godalming?

A.

The agent will be able to pressure a law firm to handle your conveyancing they refer a large volume of work to, and can therefore exert pressure on your behalf. These referrals must be compared with other local solicitors, or better-value firms found online, as the agent may prefer to suggest whichever firm pays the most per referral, not the best solicitor for your needs.

Q.

There is a lot of online help on conveyancing as a buyer and seller of a house , Might it be sensible to do the legal side on our own?

A.

There is absolutely no argument why you cant apply this approach and conceivably do the bulk of the legal and technical work without a professional Penzance property solicitor. In reality however, a solicitor handles a huge array of skilled tasks such as checking contracts or investigating title documents most of which really need a skilled professional.

Q.

How can my Penzance lawyer report back on the risk and history of flooding in the Penzance area?

A.

Your property lawyer makes an application for environmental searches that incorporate Penzance area flood risk data. Additionally the conveyancing solicitor in Penzance may advocate a significantly more involved flood search.

 
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