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Transfer of Equity in Somerset

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 Somerset

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

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 23/01/17

Somerset's closest station is Bridgwater at 5 miles. The closest airport to Somerset is Bristol Airport.

Bridgwater is the nearest hospital for Somerset.

Q.

I need to find the cheapest conveyancing solicitors in Somerset. and what is included?

A.

Many buyers seeking discount conveyancing are caught out by the lure of very low conveyancing rates. Many solicitors promote 'the cheapest conveyancing'. However extra fees are frequently hidden in the solicitor's terms of engagement. Fees included in terms and conditions should be fair and clearly defined. They be applicable solely where your solicitor must complete additional work , which could not be anticipated at the start of the process. Homeward Legal quotes offer a clear statement of your legal fees for a standard conveyancing transaction.

Q.

Are any of the conservation areas in Somerset are in neglected condition?

A.

An up-to-date appraisal of the state of repair of conservation areas is filed by English Heritage ( a non departmental government body), and the following information is listed at English Heritage: Misterton marked as poor with medium vulnerability and deteriorating, Henstridge marked as very bad with medium vulnerability and no significant change, Ilchester marked as very bad with medium vulnerability and no significant change, Donyatt marked as very bad with medium vulnerability and no significant change.

Q.

Having read about the flooding in Sept 2012 in South West England, we are questioning whether environmental searches might not be sufficient?

A.

Environmental searches handled by a property lawyer in Somerset should also include the more specialist search (Landmark) if the risk warrants it.

If you remain still nervous try to get in touch with a local resident.

Q.

Would you advise that I get a chancel search? I am purchasing a Somerset flat close to rectory land.

A.

Chancel repair liability can require some Somerset home owners to fund upkeep of churches. A chancel search is employed to check whether such a liability exists. A conveyancing solicitor will be able to advise as to whether a chancel search is necessary, and recommend suitable insurance.

Q.

Should we get a building survey?

A.

The Royal Institution of Chartered Surveyors strongly recommend that home buyers in Somerset book a surveyor to undertake a survey if purchasing in Somerset. There can be many problems that will impact a property, which are not included in your mortgage lender's valuation, including dry rot.

Q.

The property in Somerset being bought is on a brownfield site. Is the top-soil likely to remain contaminated by waste minerals like tungsten?

A.

Somerset agriculture or industry can cause soil contamination. Other sources of contaminated land include water contaminants such as petrol and trichloroethylene.

Q.

Does your firm do the conveyancing of property auction properties in Somerset?

A.

Our company is accustomed to working with sellers at auction. Homeward Legals panel of conveyancing lawyers have in the past been instructed by numerous buyers at local auctions including Acuitus, Allsop (Commercial), Allsop (Residential), Auction House London, Award Property, Barnett Ross, Baxtons, Brendons Auctioneers, Countrywide Property Auctions and Drivers Norris.

Savvy auction buyers tend to formally appoint an experienced lawyer as rapidly as possible for a thorough review of the auction legal pack in advance of the auction day itself. Immediately following the auction day you are the lawyer will need to be geared up to conclude the conveyancing in less than the 28 day time frame as required by the standard auction conditions.

Q.

Are there many designated conservation areas in Somerset?

A.

Conservation areas distinguish regions of architectural or historic interest. The benefits of such restrictions will include protection for trees and other flora, but they can make repairs more costly or time-consuming.

 
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