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Transfer of Equity in Selby

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 Selby

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

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 03/12/16

Selby data:

Selby's closest train station is Selby at 1 mile s. The nearest airport to Selby is Robin Hood Airport. Leeds Bradford Airport is 25 miles and away.

Selby, War Memorial is a nearby hospital for Selby.

Q.

How do I find a discount conveyancing estimate?

A.

Several firms purport to offer theoretically 'the cheapest conveyancing quotes', however additional charges may be added into the terms of engagement. Busy, stressed property buyers and sellers ignore these terms at their peril. Any disbursements should also be included on your conveyancing quote Any charges which are listed in the terms should be fair. Homeward Legal quotes are not estimates, and offer a clear statement of your legal fees for a standard conveyancing transaction.

Q.

My mortgage lender will be Hinckley and Rugby Building Society, what do I need to know?

A.

Some lenders have limited the firms who can act for them, potentially creating increased conveyancing costs for house purchasers. Homeward Legal can act for all major mortgage lenders to keep legal costs to a minimum.

Q.

We are buying a property in Selby. Does the home receive disadvantaged area relief?

A.

Disadvantaged areas in Selby are identified by council ward. Disadvantaged areas in Selby currently include Selby North and Selby South. Update: As of the 2013/14 tax year, stamp duty relief for disadvantaged areas is no longer available.

Q.

What factors will contaminate land in Selby, and are they properly investigated?

A.

A range of contaminants can lessen the desirability land, and an environmental search will reveal the extent to which a plot of land could be affected by contaminants in the area including proximity to scrap yards. Drax Power Station, North Yorkshire, YO8 8PF is one such potential cause of contamination in Selby.

Q.

Which of the mortgage lender panels in Selby are you a member of?

A.

We work in conjunction with most lenders. A number of mortgage specialists operate in Selby, such as M & M Mortgage Solutions, 44 Micklegate, Selby, YO8 4EQ.

Q.

Bookshops now have an increasing number books all about by passing the solicitor e.g. Which? Guide to Doing Your Own Conveyancing. That being the case, do I need to instruct a property lawyer in Selby ?

A.

Should you desire t attempt this you can definitely do the legal work without instructing a specialist Selby conveyancing solicitor .

Above all else have a go conveyancers are taking risks without the applicable insurance cover that every legal practices are required to carry.

Q.

We plan to purchase a house in Carlton Town. Is a chancel search needed?

A.

The conveyancer is likely to recommend a chancel search, regardless of the parish in which the house being purchased is located. In older areas of Selby, chancel repair has the potential to be charged on owners of a house where church councils have previously chosen not to do so, so indemnity insurance may be advisable even if liability is unlikely.

Q.

How much would my searches be?

A.

With Homeward Legal, you are charged at a maximum £249 for the standard search bundle. Searches are disbursements paid to a third party.

 
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