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Transfer of Equity in Rumney

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 Rumney

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

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 18/01/17

Local key data:

Commuters are well served with Rumney enjoying excellent major road access close at about 1 1/2 mile of the A48M.

The closest train station to Rumney is Heath High Level, almost 3 miles away. The nearest airport to Rumney is Cardiff Airport (12 miles). Bristol Airport is 20 miles away.

The most convenient hospital is Cardiff, Croescadarn Rd.

Q.

Please confirm the cheapest fee for a 466,000 house? We are trying to find a discount conveyancing quote in Rumney.

A.

Many online and high street solicitors offer 'the cheapest conveyancing quotes', but additional costs are often hiding in small print. The conveyancing quote ought to define costs to be paid to third parties, such as the Land Registry, (disbursements). Any costs should be fair and clearly defined. They only be applied if the conveyancer must perform additional tasks on your behalf, which could not be anticipated at the start of the process. Our online quote calculator will generate an accurate quote for your transaction.

Q.

Unfortunate financial circumstances dictate that we would prefer to complete on the sale of our maisonette very quickly, do you any particularly fast Rumney solicitors ?

A.

Generally Rumney solicitors can be far too slow which creates huge amounts of stress to the house moving process. We always work with lawyers who will always attempt to efficiently communicate through the whole of the buyer and seller chain . Moreover our lawyers are specifically chosen as they use leading edge online systems to drive through the property sale with minimal stress.

Q.

In what ways can my Rumney conveyancing solicitor investigate the risk of local flooding at Rumney?

A.

A qualified conveyancing solicitor will apply for conveyancing and environmental searches that incorporate Rumney historical flood risk data.

Q.

What do property searches relate to?

A.

Conveyancing searches are standard enquiries ordered by the conveyancing solicitor through local and national authorities. Searches do not include information relating to a property's structure.

Q.

What specific conveyancing searches will a Rumney property lawyer apply for when instructed on a Rumney house?

A.

The common legal procedure will be to obtain the following Local Authority, Drainage and Water Search (CON29DW or personal) and Environmental as well as any less common searches, which may include a Land charge Search (bankruptcy only).

Q.

Which local authority looks after Rumney?

A.

Rumney is located in Cardiff Council, County Hall, Atlantic Wharf, Cardiff, CF10 4UW, phone: 029 2087 208

Q.

Should I get a chancel search? We are purchasing a flat conversion in Rumney.

A.

Some owners in Rumney can be required to fund repairs to older church buildings. Following the Land Registration Act 2002, interest over any affected land in Rumney must be registered by October 2013. This will make it easier to identify affected property through a chancel search.

Q.

Which of the lender panels in Rumney are your solicitors on?

A.

Our solicitors have experience working with all the major lenders financing Rumney buyers. Lenders and mortgage specialists in Rumney include Storm Mortgages Ltd, Po Box 2489, Cardiff, CF23 0EB, and Rumney Independent, A/832 Newport Rd, Rumney, Cardiff, CF3 4LH.

 
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