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Transfer of Equity in Powys

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 Powys

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

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 11/01/17

Powys travel information:

Powys's closest airport is Trehelig, Welshpool Airport. The closest station to Powys is Builth Road, almost 3 miles away.

Builth Wells is a relatively close hospital to Powys.

Q.

We are looking for a cheap solicitor quote for buying a flat. What do I need to check for?

A.

Various conveyancers promote cheap conveyancing. However additional costs may inflate your solicitor's invoice. Your conveyancing quote should state any disbursements to be paid.

Q.

Is a building in Welshpool Castle, Powys suitable for stamp duty relief?

A.

Powys disadvantaged areas are identified by ward boundary. Disadvantaged areas in Powys are Ystradgynlais, Tawe-Uchaf/Ystradfellte, Aber-craf, Newtown South, Cwm-twrch, Newtown Central, Ynyscedwyn and Welshpool Castle. Update: As of the 2013/14 tax year, stamp duty relief for disadvantaged areas is no longer available.

Q.

Do I need to select a property lawyer that works with by the local agent?

A.

Estate agent recommendations are a not uncommon path whereby buyers get a solicitor, however, such referrals should be considered carefully, as the agent may recommend the conveyancer who pays out the highest referral fee, not the most appropriate choice.

Q.

We are enquiring about the council tax rates on a period end of terrace property in Powys, how much are they?

Frequently a title report will give detail the relevant Powys council tax band.

The latest council tax charges for Powys are detailed online at the Powys council site. At the time of authoring on 07 August 2012 the rates are:

  • Band A - £778.85
  • Band B - £908.66
  • Band C - £1,038.47
  • Band D - £1,168.28
  • Band E - £1,427.90
  • Band F - £1,687.52
  • Band G - £1,947.13
  • Band H - £2,336.56

Q.

Which local authority is responsible for Powys?

A.

Powys intersects with the following local authorities: Powys County Council, County Hall, Llandrindod Wells, Powys, LD1 5LG, contact: 0845 055 2155

Q.

The property seller has installed inappropriate PVC windows on the building in Powys which may break conservation area criteria

A.

A property solicitor will establish if the property is located within a designated conservation area, and if so, whether any modifications have the requisite consents from the Powys authority.

In the absence of any consents, your solicitor will advise you of all options, which include requesting retrospective consent from Powys planning authority or getting covered by indemnity insurance.

Q.

If we are intending to buy in the parish of Worthern, will it be necessary to get a chancel search?

A.

Whichever Powys parish you are purchasing in, a solicitor is likely to recommend a chancel search. Chancel repair has the potential to be charged on current owners of a residence where Parochial Church Councils (PCCs) may have spared previous owners or tenants.

Q.

Can you give the reasons why purchase conveyancing work takes such a long time?

A.

The conveyancing process will occasionally be held up, we, however, aim to diminish their impact where possible. Reasons for delay can include the time taken to return management information.

 
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