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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: 29/11/16

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.

To complete on our leasehold property purchase ASAP, how do we guarantee fast conveyancing?

A.

Crucial to a fast completion is to employing a proactive and experienced conveyancing solicitor. That said, there are a range of things you can also do, including, organising your finances, including arranging a mortgage, quickly answering your conveyancing solicitor's questions and asking for property searches to be ordered immediately.

Q.

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

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.

Q.

I am purchasing a period flat in a designated conservation areas. Where can I find data about the state of upkeep of the Rumney conservation area?

A.

Local Rumney conservation areas are nominated by the local authority (Cardiff) who administer conservation area concerns from public spaces to the stoppage of ugly highway signs.

Following a campaign, English Heritage have assembled a list in relation to the condition of conservation areas in addition to the exposure to a decline in standards.

Q.

Is a leasehold supplement a fee or disbursement?

A.

A conveyancing quote should clearly state all fees and disbursements. This cost is a fee not a disbursement, and should be clearly stated in your quote.

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.

Which factors can contaminate land in Rumney, and will they be thoroughly investigated?

A.

Property is contaminated by many factors caused by man and by nature. Contaminants such as brine works should be considered as part of the appropriate search.

Q.

The Rumney home being purchased is on a former industrial site. Is the soil likely to be contaminated by waste minerals like uranium?

A.

Soil contamination by industrial waste, including metals, will have occurred in parts of Rumney. Other sources of contaminated land include asbestos and groundwater contaminants like landfill leachate.

 
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