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Transfer of Equity in Shepton Mallet

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 Shepton Mallet

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

Profile photo of Clarisa McMahon

By

Ask Clarisa a question hl@syntarsus.co.uk

Updated: 02/12/16

Shepton Mallet's closest airport is Bristol Airport (15 miles). The closest train station to Shepton Mallet is Castle Cary, about 6 miles away.

Windsor Day Shepton Mallet is a nearby hospital to Shepton Mallet.

Q.

I am trying to find a property solicitor that offers cheap conveyancing, we are on a tight budget.

A.

This catches out many sellers and buyers, and can leave them paying far more in conveyancing fees than they budgeted. Many property lawyers purport to offer supposedly 'the cheapest conveyancing quotes'. Often additional fees are often hiding in the terms and conditions. The Homeward Legal quote calculator will confirm the solicitors' fees, based on the property you are buying.

Q.

What amount of time will conveyancing often need? I am buying in Shepton Mallet.

A.

In general, the number of weeks taken to sell or purchase a house is not wholly predictable. This is according to a range of factors. These could include if there is a mortgage. Our conveyancing solicitors strive to ensure a sale, purchase or transfer of equity receives fast and efficient service.

Q.

Should we get a chancel search if I am buying in the parish of Queen Charlton?

A.

The Shepton Mallet conveyancing solicitor is likely to recommend a chancel search, whichever parish where the property being bought is found. Chancel repair may be imposed on current owners of a property where church councils have previously chosen not to do so. In the event that chancel liability may apply, your solicitor might recommend insurance rather than pulling out of the purchase.

Q.

Is contaminated land a problem for the majority of houses in Shepton Mallet?

A.

A range of contaminants caused by naturally-occurring factors can affect property. Issues such as pollution incidents will be reported on in environmental search results.

Q.

Do we need a chancel liability search if we are buying a Shepton Mallet property close by a parsonage?

A.

As a result of chancel repair liability, the owners of property in Shepton Mallet which was once owned by a 'lay rectors' can be liable for repairs to a church in the area. Liability has the potential to impact the value of a Shepton Mallet property, but an indemnity policy may be available to protect the new owners. Shepton Mallet church properties include St Peter & St Paul.

Q.

Doing your own conveyancing without instructing a Shepton Mallet property lawyer looks to be possible as a seller of a maisonette. However, would it really be foolish ?

A.

There are no arguments why you cant apply this approach and complete the majority of the legal work without Shepton Mallet property lawyer.

In reality however, a conveyancing solicitor in Shepton Mallet typically handles a huge array of activities such as approving contract and checking the lease some of which require adequate training.

Q.

What causes the conveyancing process to have so many delays? The last solicitor we used felt very slow.

A.

Conveyancing will sometimes potentially be delayed. We see how frustrating such delays may be and work hard to diminish the burden of these delays by, for example, ordering searches as early as possible.

Q.

Is a home buyers survey advisable when we are buying a home?

A.

We recommend that you arrange an inspection if purchasing in Shepton Mallet. Buyers should be aware that there are a wide range of problems which have a negative impact on a property, for example ground movement and corrosion of pipework, and these will not be addressed by your conveyancing solicitor.

 
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