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Transfer of Equity in Rendlesham

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 Rendlesham

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

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 16/01/17

Rendlesham travel information:

The closest airport to Rendlesham is Elmsett, Whatfield Rd Airport (19 miles). and the nearest station to Rendlesham is Wickham Market.

Whitwell House Day Saxmundham hospital is relatively close to Rendlesham.

Q.

We are trying to find affordable conveyancing in Rendlesham. What should we check?

A.

Many firms purport to offer 'the cheapest conveyancing'. Unfortunately additional charges may be added into the solicitor's terms of engagement. Additional fees should be reasonable. They only come into force where your solicitor must perform additional tasks , which could not be anticipated at the start of the process. We offer quotes, not estimates, and clearly state all legal fees you pay for a standard conveyancing transaction.

Q.

Which environmental factors can affect land in Rendlesham?

A.

Several contaminants caused by environmental factors may lessen the desirability property. Issues such as proximity to landfill sites and civil aviation activity in the area should be reported on during conveyancing searches.

Q.

As a result of the Met Office projecting more intense rainfall in the future we are questioning if flood risk searches might not be thorough enough?

A.

A Rendlesham conveyancing solicitor will suggest that you carry out flood searches if the first search spots a significant risk Rendlesham area flood risk

You could contact a next door neighbour to get further assurance if still concerned.

Q.

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

A.

Instructing a proactive, diligent property lawyer is essential to buying faster. There are, in addition, a number of tasks you, as the buyer, can also do to

get moving sooner, such as, pushing the property lawyer to begin enquiries as soon as possible, quickly answering your property lawyer's questions and arranging any finances require to complete the purchase.

Q.

What will the Rendlesham conveyancing lawyer advise if the home I hope to buy is inside the boundary of a Suffolk Coastal planning authority conservation area that may have unseemly PVC windows fitted to it?

A.

Suffolk Coastal local authority Requisition for search and Official Certificate of Search conducted by the solicitor during the legal process should check the existence of suitable council approval for any modifications to the building.

Q.

What will the council tax cost me on a buy to let Band H flat in Rendlesham?

A.

The pertinent council tax band should almost always be highlighted in the report on title, and by the local authority. Council tax rates for residents of Rendlesham are detailed online at the Suffolk Coastal local authority website. As at (12 January 2013) rates are as follows:

  • Band A - £994.00
  • Band B - £1,160.00
  • Band C - £1,325.00
  • Band D - £1,491.00
  • Band E - £1,823.00
  • Band F - £2,154.00
  • Band G - £2,485.00
  • Band H - £2,982.00

Q.

I am purchasing a restored chapel in the parish of Hessett. Will a chancel search be specified?

A.

The solicitor could advise a chancel search. Through some church councils have determined to exact chancel repairs on the current owners, there is no way to be certain that a parish which has not imposed liability will remain liability-free for new owners. Even if liability is unlikely, indemnity insurance is a sensible precaution.

Q.

When in the process is it wise to arrange a solicitor to handle our sale?

A.

If you choose a firm with 'no move, no fee' protection, instructing as soon as possible is wise, as the legal work can begin immediately. Some sources advocate holding off instruction until a chain is completed, but delays can risk the other side pulling out, particularly in uncertain market conditions.

 
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