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Transfer of Equity in Pewsey

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 Pewsey

Homeward Legal's panel of solicitors carry out remortgage conveyancing for Pewsey clients every week.

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Conveyancing in Pewsey Q & A's

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 01/12/16

Pewsey travel information:

The nearest station to Pewsey is Pewsey and the closest airport to Pewsey is Southampton, Mitchell Way Airport (32 miles).

Savernake Marlborourgh is a nearby hospital to Pewsey.

Q.

What are the best conveyancing rates for a 549,000 house?

A.

Numerous conveyancers claim to offer 'the cheapest conveyancing'. Often additional costs are often hiding in the small print which unwary buyers and sellers fail to check. Any additional costs needs to be reasonable and clear. They be applicable if the solicitor must complete work beyond standard conveyancing , which could not be anticipated at the start of the process. Our quotes clearly state all legal fees for a standard conveyancing transaction.

Q.

What kind of local searches in connection with the risk of possible flooding around Wiltshire will the Pewsey lawyer actually carry out on a Fifties property we intend to purchase?

A.

A lawyer will conduct official property environmental searches that incorporate Pewsey historical flood risk data. As an additional measure means that your conveyancing solicitor in Pewsey might propose a significantly more search.

Q.

Can you state how to avoid paying stamp duty to HM Revenue?

A.

Stamp duty mitigation scheme is not advised when buying in Pewsey. These schemes are expensive and the HMRC can review a scheme up to 6 years after a sale is completed imposing fines and reviewing all your revenue matters. There have been a number of legitimate initiatives, however, such as for first-time buyers. Your solicitor will advise as to your eligibility.

Q.

We are buying on a brownfield site. We have learnt that aluminium soil contamination may be an issue.

There are extensive regulations imposed to restrict soil contamination. The local authority for Pewsey will be able to provide more detail on cases of contamination.

Q.

What does the Pewsey conveyancing lawyer recommend if the home I am buying is inside a conservation area in Wiltshire planning authority which has inappropriate stone cladding installed?

A.

The local authority enquiries conducted by a property lawyer as part of the conveyancing will identify if the Pewsey property a conservation area and evidence of the appropriate permissions for alterations will be requested.

Q.

Does our property lawyer in Pewsey inform me about the cost of council tax on a Band F house before exchanging contracts?

A.

The property lawyer will speak to the governing Wiltshire local authority to find out the applicable council tax charges which will be detailed in the conveyancing report on title. The correct charges for properties in Pewsey are tabled online at the Wiltshire council website. At the time of authoring (30 October 2012) the rates are:

  • Band A - £1,010.00
  • Band B - £1,179.00
  • Band C - £1,347.00
  • Band D - £1,515.00
  • Band E - £1,852.00
  • Band F - £2,189.00
  • Band G - £2,525.00
  • Band H - £3,031.00

Q.

Do I need to use the property lawyer referred by my local agent?

A.

Many agents have arrangements with solicitors where they refer conveyancing clients to them, however, such referrals should be compared to other online or local firms, as there is a risk that an agent may choose the solicitor willing to pay the highest referral fee, not a firm with local expertise and a solid reputation.

Q.

What is the authority that keeps records for safeguarding the standard of neglect Pewsey and Pewsey conservation areas?

A.

Local conservation areas are set up by Wiltshire who oversee the state of the area including things like plastic box signs, addition of PVC windows and building materials used. Following a campaign, English Heritage have created a list on the condition (poor to good) of conservation areas as well as the vulnerability of the area.

 
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