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Transfer of Equity in Royston

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 Royston

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

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 04/12/16

Royston travel information:

The nearest airport to Royston is Sheffield City Airport. Leeds Bradford Airport is 21 mile s, Robin Hood Airport is 20 miles and away. Barnsley station is almost 3 miles from Royston.

Barnsley, District General is the closest hospital for Royston.

Q.

How do we get affordable conveyancing in Royston?

A.

Confusion over this point catches out many buyers, and can leave them paying far more in conveyancing fees than they budgeted, and many solicitors claim to offer supposedly cheap conveyancing quotes. Often extra fees are often hiding in the solicitor's terms of engagement.

Q.

We are interested in purchasing in Royston. Are there many designated conservation areas in the area?

A.

Conservation areas pinpoint streets and neighbourhoods of architectural or historic interest. Your conveyancing lawyer will be able to advise further and address the consequences of purchasing property in a conservation area.

Q.

In the next month we are likely to move out of our semi detached home near Royston into our next dwelling in Rotherham , at what point to select a house removal firm?

A.

Most lawyers usually suggest that house movers hold off organising removals until the point where exchange of contracts because a definitive date will not have been formally agreed. If you are looking for a local company try Jensons Removals, Wharncliffe Business Park/Longfields Court, Barnsley, S71 3GN Tel: 01226 448200.

Q.

The purchase is completing next July. How is stamp duty determined?

A.

The Stamp Duty Land Tax that is payable is dependent on the purchase price. On a £624000 house or flat, stamp duty will be £24960.*

*This information accurate as of September 2012

Q.

What can charge for the searches be?

A.

With Homeward Legal, you will be expected to pay no more than £249 for conveyancing searches. Conveyancing searches are disbursements paid to a third party.

Q.

I am buying a unique flat in the boundary of conservation areas, where can I locate details concerning the standard of repair?

A.

Conservation areas in Royston are set up by the local authority (South Cambridgeshire) who police everything from paths and footpaths to the hindrance of neon signs.

English Heritage have put together a detailed list on the condition (poor to good) of conservation areas as well as the risk of a worsening of the condition of the area.

Q.

When you are purchasing in Royston next to a church built in around the 1600s, do you advise that we get a chancel liability search?

A.

Chancel liability repair costs can run into £100,000s, which owners of affected property will be compelled to pay on demand to the Royston Church council. Liability has the potential to impact the value of a property, but insurance is available should an obligation to fund repairs be enforced. Church lands in Royston where chancel liability may apply include St John the Baptist and St. John the Baptist.

Q.

I am intending to buy a rectory in York St John Del Pyke. Will a chancel search be required?

A.

The solicitor might recommend that a chancel search be taken out. Chancel repair may be apportioned on the owners of a property where church councils have previously chosen not to do so. Even if liability is unlikely, indemnity insurance is a sensible precaution.

 
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