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Transfer of Equity in Sandy

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 Sandy

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

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 29/11/16

Sandy key data:

Sandy train station is approximately a mile from Sandy. The closest airport to Sandy is Luton Airport. Cambridge City Airport is 21 mile away.

The nearest hospital is Biggleswade.

Q.

How do we get a discount conveyancing quote in Sandy?

A.

Both high-street and online law firms advertise so-called 'the cheapest conveyancing quotes'. Often additional fees may increase your final bill. Any disbursements to be paid should be included on your conveyancing quote based on the property you intend to buy, our online quote calculator will generate an accurate statement of conveyancing fees.

Q.

How is Sandy contaminated land investigated?

A.

Property in Sandy would be contaminated by several factors caused by man and by nature, and an environmental search should clarify to what extent a specific plot of land could be affected by Sandy contaminants like a proximate telecommunications base station and proximity to landfill sites. Potton Landfill, Carthagena Road, Bedfordshire, SG19 2NQ, for example, may be a source of local contamination.

Q.

We are purchasing a £369000 Sandy home, how is stamp duty rates calculated?

A.

Stamp Duty in Sandy is based on a small number of factors, including the value of the house or flat, and whether it is in a 'disadvantaged area'. It is £11070 on a £369000 house or flat.

Q.

How do we avoid paying for stamp duty land tax?

Stamp Duty Land Tax is usually payable for purchases sold for over 125,000 pounds. Homeward Legal do not recommend home buyers risk any stamp duty mitigation scheme, because these schemes are costly and HMRC may challenge a scheme up to six years later imposing fines and reviewing all your revenue matters.

Q.

Which specific property will the Sandy solicitor conduct when buying a Sandy property?

A.

The standard procedure is to obtain Local Authority, Drainage Search (Con29DW) and Environment Search and, depending on certain criteria, specific local searches, which might include Land charge Searches.

Q.

Which lender panels in Sandy are your solicitors on?

A.

Most lenders in Sandy are on our solicitors' panels. Sandy lenders and mortgage specialists include Lifestyle Financial Management, 2 Turnpike Ct, Woburn Sands, Milton Keynes, MK17 8UA, Castle Mortgages, 5 Grove Pl, Bedford, MK40 3JJ, and Hannant Lawson, Caprea Ho/Hills End, Eversholt, Milton Keynes, MK17 9DR.

Q.

The property seller appears to have fitted chimney stacks on the property which we think may overstep the Sandy conservation area rules.

A.

The solicitor will confirm whether the property is inside a conservation area and whether any alterations have required consents from the local council.

Q.

I am buying a 1940s property in a conservation area, where can I find details concerning the state of upkeep?

A.

Following a campaign, English Heritage have put together records about the condition of conservation areas in addition to the exposure to a worsening of the condition of the area. Local conservation areas are set up by Central Bedfordshire who oversee conservation area concerns from paths and footpaths to the inhibition of poorly maintained pavements.

 
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