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Transfer of Equity in Stevenage

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 Stevenage

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

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 02/12/16

As reported by the UK census, Stevenage has a residential population of 402,911 spread over an area of 130,876 hectares (323,401 acres) giving a density of population of 3.1 people per hectare (1.2 per acre).

Commuters are well served with Stevenage being well placed with very convenient major road access very close at approximately a mile of Junction 7 Northbound of the A1M.

Stevenage train station is almost a mile from Stevenage. The nearest airport to Stevenage is Luton Airport. Elstree Airport is 18 miles and Stansted Airport is 20 miles away.

Lister Stevenage is the most convenient hospital.

Q.

What do you charge for the legal fees on a £116,000 property? We need fixed rate conveyancing.

A.

Many online and high street conveyancers advertise cheap conveyancing, however additional charges will be included in the terms of engagement, left unregarded by busy buyers Any disbursements ought to be defined on any quote for conveyancing in StevenageOur quotes clearly state the solicitors' fees for a standard conveyancing transaction.

Q.

What is the council tax on a Thirties detached Band H property in Stevenage?

A.

You will be advised on the houses band in the conveyancing report on title. Correct rates for residents of Stevenage are listed on the Stevenage local authority website. Currently on 24 June 2012 rates are:

  • Band A - £970.00
  • Band B - £1,132.00
  • Band C - £1,293.00
  • Band D - £1,455.00
  • Band E - £1,779.00
  • Band F - £2,102.00
  • Band G - £2,425.00
  • Band H - £2,910.00

Q.

In a few weeks I am anticipating to move out of our period house in Stevenage to our next property in Sawbridgeworth at what stage to appoint a removal company?

Homeward Legal tend to recommend that sellers hold off booking a removals company until the point where exchange of contracts as prior to this the firm moving date wont have been confirmed. Try Dennis Bros Removals & Storage, The Yard/Leyden Road, Stevenage, SG1 2BW Tel: 01438 316768 or Better Removals & Storage Ltd, Aspect One/Gunnels Wood Rd, Stevenage, SG1 2DG Call: 01438 771274.

Q.

Is it recommended to avoid paying for SDLT rates?

A.

Stamp Duty Land Tax is due for houses over one hundred and twenty-five thousand pounds. Stamp duty mitigation should not be considered. Such schemes are highly expensive and often likely to fail.

Q.

Which Stevenage lenders do you work with?

A.

Most lenders in Stevenage are on our solicitors' panels. Local mortgage lenders and brokers include Rubicon, 115 Wisden Rd, Stevenage, SG1 5NL, Mortgage Cafe, 83A High St, Stevenage, SG1 3HR, and Independent Mortgage Advice Bureau, 36 High St, Stevenage, SG1 3EF. The solicitor managing the legal work for your move can deal with the particular enquiries and searches your lender requires.

Q.

What type of local conveyancing searches into the risk of flooding in the Hertfordshire area will my lawyer in Stevenage actually conduct?

A.

A necessary component in the legal due diligence procedure involves your conveyancer conducting environmental searches that give details with respect to Stevenage area flood risk.

Q.

Does my Stevenage lawyer order any searches on the Hertfordshire Fifties terraced house I am buying?

A.

Normal conveyancing procedure is to obtain Local Authority, Drainage and Water Search (CON29DW) and Environmental, and specific local Stevenage searches for instance Official Search of whole without priority.

Q.

In respect of the Met Office warning of more intense rainfall, I am questioning if conveyancing searches (environmental) won't be sufficient?

A.

Conveyancing searches conducted by a Stevenage conveyancing solicitor will include a far more informative flood search if required.

If you are still worried why not call a future neighbour or nearby Hertfordshire flood damage business for example: Letchmore Construction Ltd, 40 Letchmore Road, Stevenage, SG1 3PR Tel: 01438 426082.

 
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