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Transfer of Equity in South Yorkshire

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 South Yorkshire

Homeward Legal's panel of solicitors carry out remortgage conveyancing for South Yorkshire 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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or call us: 0800 038 6699


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Conveyancing in South Yorkshire Q & A's

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 05/12/16

Robin Hood Airport is 10 miles from South Yorkshire. Gamston Airport is 24 miles and Sheffield City Airport is 16 miles away. South Yorkshire's nearest train station is Adwick.

South Yorkshire is under 1 mile of the A1M Junction 38 Northbound.

Q.

Local points of interest in South Yorkshire

A.

Brodsworth Hall & Gardens English Heritage and Kirk Sandall St Oswald Churches Conservation Trust are close to South Yorkshire.

The closest hospital is Doncaster, Park Hill.

Q.

How do we find the best conveyancing rates in South Yorkshire for a £617,000 property?

A.

Confusion over this issue catches out many sellers and buyers, and can leave them paying far more in conveyancing fees than they budgeted. Many property lawyers promote 'the cheapest conveyancing quotes'. Unfortunately additional fees are frequently hidden in the solicitor's terms. These terms are often ignored by excited sellers and buyers, eager to get underway. Any fees ought to be fair and reasonable and be applicable solely where your solicitor must complete additional work on your behalf, which could not be anticipated at the start of the process. We offer quotes, not estimates, and clearly state all legal fees you pay for a standard conveyancing transaction.

Q.

In 2 months we are going to move from our terraced residence in South Yorkshire to a bigger building in Yorkshire, North Riding . What is the right point to book a removals firm?

A.

Most conveyancers will advocate that you hold off organising removals until such time as contracts have exchanged because a move date will not have been scheduled. Local home mover companies include Doncaster Delivery Service Man With Avan, 27/27/Laurel Terrace, Skellow, Doncaster, DN6 8AT Tel: 07407 474039 or James Valentine Removals, Park Nook Bannister Lane, Doncaster, DN6 8LT Call: 01924 850191.

Q.

South Yorkshire solicitors conduct varied searches if acting for a home purchaser - which specific searches?

A.

If you are obtaining a mortgage lender mandates these searches - Local Authority (personal or official), Drainage Search and Environment Search, and, depending on certain criteria, specific local South Yorkshire searches, which might include SIM Search.

Q.

Can you confirm which South Yorkshire lenders your lawyers work with. Whose panels are you on?

A.

Of lenders with local offices in or near South Yorkshire, Homeward Legal work with all the major companies. Lenders and mortgage specialists in South Yorkshire include The Mortgage Desk, 17 King Cross St, Halifax, HX1 2SH, Homebuyers Mortgage Services, 4 Lidget Hill, Pudsey, LS28 7DS, and Clarion Finance Ltd, St. Christopher House/217 Wellington Rd South, 217 Wellington Rd South, Stockport, SK2 6NG.

Q.

How do we calculate stamp duty and what should it be on a £577000 residence?

A.

Stamp Duty Land Tax is based on the purchase price. For a house or flat estimated at £577000, SDLT is £23080.

Q.

Is a deed of postponement passed on at cost?

A.

Some solicitors may attempt to pass off extra costs as necessary disbursements. It may be unclear whether a cost is a fee or disbursement, and whether it should be included. This charge is a fee not a disbursement, and should be included in your quote.

Q.

In respect to the serious flooding in Leeds, I am questioning whether flood risk searches aren't thorough enough?

A.

Flood risk searches applied for by your South Yorkshire lawyer will also include the far more informative flood search if the risk is deemed significant.

If you are worried you could attempt to call a local resident.

Q.

Can you state how to hold off paying out for stamp duty land tax?

A.

Homeward Legal strongly advise against any stamp duty mitigation, as such schemes are highly expensive and the HMRC can review a scheme up to 6 years after a sale is completed imposing penalties and investigating all your tax matters.

 
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