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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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The Conveyancing
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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: 21/01/17

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.

What will the council tax cost me for a new build Band B flat in Royston?

A.

The pertinent council tax band will usually be identified in the report on title, and by the local council. The correct charges for residents of Royston are set out in detail online at the South Cambridgeshire council website. Currently, 28 August 2012, the rates are:

  • Band A - £996.00
  • Band B - £1,162.00
  • Band C - £1,328.00
  • Band D - £1,494.00
  • Band E - £1,826.00
  • Band F - £2,159.00
  • Band G - £2,491.00
  • Band H - £2,989.00

Q.

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

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.

Q.

What conveyancing searches should the property lawyer in Royston get when acting on a Royston flat?

A.

Normal legal protocol will be to obtain Local Authority (personal or official), Drainage and Water Search (CON29DW or personal) and Environmental and, depending on certain criteria, specific searches such as Utilities Search.

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.

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.

How much time can conveyancing to transfer residential property take in Royston?

A.

The amount of time taken to transact a residence will vary, with reference to numerous aspects such as where management information is required. Our conveyancers work hard to ensure your transaction is handled quickly, and to the highest standard of service.

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.

 
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