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Transfer of Equity in Tewkesbury

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.

Get an instant quote for a transfer of equity in Tewkesbury.

Remortgage Solicitors Tewkesbury

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

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 16/01/17

Motorists are well served with Tewkesbury ideally situated with excellent motorway access roughly 1.4 miles off the M5 Junction 9 Southbound.

Tewkesbury's closest train station is Ashchurch for Tewkesbury. Gloucester Airport is 7 miles from Tewkesbury. Defford Airport (disused) Airport is 8 miles away.

Tewkesbury General is a nearby hospital.

Q.

How do I find low cost conveyancing?

A.

Many solicitors advertise cheap conveyancing quotes. Often extra fees are often hiding in small print. Additional fees should be reasonable and be applicable solely where the solicitor must complete work beyond standard conveyancing on your behalf, which could not be anticipated at the start of the process. A conveyancing quote should also state any disbursements to be paid.Get a quote using the Homeward Legal quote calculator for the property you are buying.

Q.

We are intending to buy a restored chapel in the parish of Farmington. Should we order a chancel search?

A.

Whichever Tewkesbury parish in which you are buying, a property lawyer is likely to recommend a chancel search. Chancel repair dues can be collected on new owners of a home where parish 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.

Will we need a property surveyor to examine our Tewkesbury property purchase?

Homeward Legal heavily advise that all purchasers instruct a house surveyor to perform a survey. Numerous problems have a negative impact on a property, which include cracks around door frames and dry rot. Such issues will not be considered during the conveyancing work itself.

Q.

Will the Tewkesbury property lawyer do any property conveyancing searches on the Gloucestershire Victorian mid terrace bungalow I want to buy?

A.

The common conveyancing protocol will be to get these searches - Local Authority (personal or official), Drainage Search (Con29DW) and Environment Search and occasionally specific searches for instance Development reports.

Q.

What are 'conveyancing searches'?

A.

These searches are queries ordered on behalf of the purchaser. Searches are strongly recommended, however they deal with issues with the property's title.

Q.

I am purchasing a £1133000, how is stamp duty assessed?

A.

Stamp Duty is based on the value of the property. For a home sold for £1133000, stamp duty will be £56650.*

*This information correct as of March 2013

Q.

When do you need to arrange a conveyancing solicitor?

A.

With few exceptions, as soon as possible, as there are several tasks which may begin straight away. Prompt instruction of a firm to act for you on your Tewkesbury transaction can reduce the likelihood of the transaction aborting.

Q.

What will the Tewkesbury property lawyer do if the property I am planning to buy is within a registered conservation area and has inappropriate new windows fitted?

A.

A property solicitor to ascertain whether your proposed purchase is located within a conservation area and whether any modifications have the required consents from the Tewkesbury authority.

 
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