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Transfer of Equity in Rugby

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.

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Remortgage Solicitors Rugby

Homeward Legal's panel of solicitors carry out remortgage conveyancing for Rugby clients every week.

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Conveyancing in Rugby Q & A's

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 06/12/16

Rugby travel information:

The nearest train station to Rugby is Rugby, about 1 mile away. Rugby's nearest airport is Coventry Airport. Birmingham Airport is 21 mile s, and Turweston Aerodrome Airport is 25 miles away.

Rugby is under 3m of junction entry 1 Northbound of the M6.

Q.

Local Rugby attractions

A.

Thurlaston Mill Windmill, Rugby Art Gallery & Museum Art Gallery and Brownsover St Michael and All Angels Churches Conservation Trust are close at hand to Rugby.

The closest hospital to Rugby is Hospital Of St Cross Rugby.

Q.

I need a cheap solicitor quote to own a home. What should I check?

A.

Numerous firms offer cheap conveyancing, but extra fees will be included in the solicitor's terms of engagement. Any disbursements to be paid ought to be listed on a quote. Our quotes are not estimates, stating all the solicitors fees you will pay for a standard sale or purchase.

Q.

Does my conveyancer in Rugby inform me about the cost of the council tax for a Band D apartment before completing on the purchase?

A.

Your property solicitor will write to the relevant Rugby local authority to find out the correct council tax band and rates, which will then be written in the report on title. The latest tax charges for properties in Rugby are set out in detail on the Rugby local authority website. Currently (29 October 2012) rates are:

  • Band A - £1,016.00
  • Band B - £1,185.00
  • Band C - £1,354.00
  • Band D - £1,523.00
  • Band E - £1,862.00
  • Band F - £2,200.00
  • Band G - £2,539.00
  • Band H - £3,047.00

Q.

Having read about the extensive flooding in 2012 in the Midlands we are questioning if environmental searches might not be detailed enough?

A.

Environmental searches carried out by your property solicitor in Rugby will also include the more rigorous search (Landmark) if it is felt necessary.

You could get in touch with a local resident for additional added confidence or regional Warwickshire flood damage business - e.g. General Overhaul, 12 St. Georges Av, Rugby, CV22 5PN Tel: 07871 801686.

Q.

I am purchasing a 1940s property in a designated conservation areas. How do we find more details relating to the standard of upkeep?

A.

Local Rugby conservation areas are designated by the local Rugby planning authority, who maintain conservation area concerns from building materials to the stoppage of excessive road signs.

English Heritage have created a list on the condition (poor to good) of conservation areas as well as the risk of a decline in standards.

Q.

Which local authority is responsible for Rugby?

A.

Rugby is located in Rugby Borough Council, Town Hall, Evreux Way, Rugby, Warwickshire, CV21 2RR, contact: 01788 533 533

Q.

Would you advise that we get a chancel search if we are purchasing close by parish land in Rugby?

A.

Where land in Rugby was once owned by a lay-rector, new owners of that property may be obliged to contribute towards upkeep of older church buildings. Owners who have bought property prior to 2003 may be totally unaware that a liability exists if a chancel search was not carried out. The solicitor handling your conveyancing will confirm that a chancel search is appropriate. Rugby ecclesiastical properties include Team Ministry St Peter & St John, Team Ministry St Peter & St John, Team Ministry St. George and Hillmorton St. John Baptist.

Q.

How long will conveyancing legal work usually take, according to your estimates? The property is also local.

A.

On average, the number of weeks needed to sell or purchase a property does vary. This wide range results from a range of issues which may affect the property, for example, if third parties fail to promptly answer queries. For most firms in England and Wales, the average is between 8 to 12 weeks, but we take a more proactive attitude, pushing a transaction to complete within 8 weeks if possible.

Q.

Is soil in Rugby contaminated by vanadium?

A.

Given the region's industrial and agricultural history in parts of Rugby, topsoil contamination cannot be totally avoided. Also considering issues such as insecticides, contaminants affecting Rugby property will be factored into an environmental search.

 
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