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Transfer of Equity in Ravensthorpe

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 Ravensthorpe

Homeward Legal's panel of solicitors carry out remortgage conveyancing for Ravensthorpe 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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Conveyancing in Ravensthorpe Q & A's

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 04/12/16

Ravensthorpe travel information:

Ravensthorpe's nearest airport is Leeds Bradford Airport (13 miles). Sheffield City Airport is 23 miles away. Mirfield station is approximately a mile from Ravensthorpe.

Dewsbury & District is the nearest hospital to Ravensthorpe.

Q.

How do I get a cheap solicitor in Ravensthorpe to own a house?

A.

Many online and high street law firms advertise theoretically 'the cheapest conveyancing quotes', but additional fees will be included in small print. Excited homeowners, eager to get underway, often ignore this small print when they instruct. A conveyancing quote should also clearly state third party costs, termed disbursements, to be paid.

Q.

How much time does conveyancing need, on average? We have already found a buyer.

A.

The amount of time taken to transfer residential property will vary. This is according to a range of legal considerations which can include where management information is required. For most firms in England and Wales, the average is between 8 to 12 weeks, but we drive the process forwards, completing within eight weeks.

Q.

What causes conveyancing in Ravensthorpe to take weeks more than planned?

A.

Conveyancing could potentially be delayed. Homeward Legal seek to diminish the consequences of these delays whenever it is feasible. There are numerous reasons for delay, such as a slow firm acting for the lender.

Q.

Is gazumping common practice in Ravensthorpe?

A.

Gazumping occurs when an offer is accepted but then rejected by the home owner, choosing instead a higher offer. The will be a risk of getting gazumped in any transaction,

because offers are not binding until exchange of contracts. You should instruct your conveyancing solicitor as soon as you can to reduce the chance of your transaction being gazumped.

Q.

I am intending to buy a property in the parish of Hooton Pagnell. Do we need a chancel search?

A.

The conveyancing solicitor might recommend a chancel search, irrespective of the parish where the residence being bought is located. Chancel repair has the potential to be charged on the owners of a residence where Parochial Church Councils have previously chosen not to do so.

Q.

How much is the council tax on a Sixties converted Band H home in Ravensthorpe?

A.

As a rule the title report will cover the Kirklees council tax band.

Up-to-date rates for residents of Ravensthorpe are tabled on the Kirklees local authority website. At the time of writing, 18 February 2013, the different rates are:

  • Band A - £937.00
  • Band B - £1,093.00
  • Band C - £1,249.00
  • Band D - £1,405.00
  • Band E - £1,717.00
  • Band F - £2,030.00
  • Band G - £2,342.00
  • Band H - £2,810.00

Q.

Property lawyers in Ravensthorpe do some property conveyancing searches if acting for a home purchase client, but which particular searches?

A.

If purchasing and obtaining a mortgage lender insist that a solicitor to get at least these searches - Local Authority, Drainage and Water Search and Environment Search,, and possibly specific searches for instance Contaminated Land.

Q.

What will a Ravensthorpe property solicitor do if the house I am buying is located in a conservation area and has unsanctioned dormer windows fitted?

A.

A conveyancing solicitor will carry out searches to check whether the property is within a conservation area, and if so, whether any modifications have essential permission.

 
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