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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: 15/01/17

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.

Do Homeward Legal deal with the conveyancing for residential property auction properties in Penzance?

A.

Yes - We are highly knowledgeable with auction buyers and sellers. We strongly recommend purchasers to formally instruct an auction experienced property lawyer well in advance of the auction day to allow for a title report of the sellers documents. Immediately following the auction, a conveyancing solicitor must be fully prepared to get through the purchase legal work in less than 28 days as typically required by the conditions of sale.

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.

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.

How much is the council tax on a Fifties converted Band G dwelling in Penzance?

A.

You will be briefed about the homes council tax band in the title report.

The correct charges for properties in Penzance are published online at the Cornwall local authority site. On (11 November 2012) rates are as follows:

  • Band A - £979.00
  • Band B - £1,142.00
  • Band C - £1,305.00
  • Band D - £1,468.00
  • Band E - £1,794.00
  • Band F - £2,120.00
  • Band G - £2,446.00
  • Band H - £2,936.00

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.

In Penzance, is soil remediation of contaminated property an option?

A.

A degree of remediation can often be possible, and a local provider such as Celtic Turf, Carnyorth, St. Just, Penzance, TR19 7QD may be able to provide more detail.

Q.

What amount of time will conveyancing legal work often take, in your opinion? If it matters, we are purchasing a home in Penzance.

A.

The time taken to transact a residence can vary. This is influenced by a number of considerations such as if either party has a mortgage. Our lawyers work hard to ensure your move is handled as fast as possible, without compromising on service.

 
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