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Transfer of Equity in Thornhill

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 Thornhill

Homeward Legal's panel of solicitors carry out remortgage conveyancing for Thornhill 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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The Conveyancing
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Conveyancing in Thornhill Q & A's

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 05/12/16

Thornhill's closest train station is Lisvane and Thornhill at 1 mile and Thornhill's closest airport is Cardiff Airport. Bristol Airport is 25 miles away.

Thornhill is close at very close at 1 1/2m of the M4 Junction 32 Eastbound.

Caerphilly & District Miners is the neighbouring hospital.

Q.

We are looking for the cheapest conveyancing quote. as we are on a budget.

A.

Numerous solicitors claim to offer theoretically 'the cheapest conveyancing quotes', but additional costs are frequently hidden in the small print, left unread by preoccupied property buyers and sellers Any disbursements must also be stated on the conveyancing quote. Get a quote using the Homeward Legal quote calculator for the property you are buying.

Q.

Is a Local Authority search a disbursement or fee?

A.

Comparing quotes is often challenging, considering differences in terminology. This charge is a disbursement not a fee, and is passed on at cost.

Q.

Would getting a Homebuyer Report be required when we are purchasing a house in Thornhill?

A.

We strongly advise that all purchasers in Thornhill book a building survey. Buyers should be aware that there are a range of defects that can affect a property, which include failed double glazing. These will not be reported on by a solicitor.

Q.

If we are purchasing next to a rectory built in the 1500s in Thornhill, is it necessary that we get a chancel search?

A.

Property owners near to a church in the area are expected to fund repairs, as a result of chancel repair liability. Indemnity policies can be arranged if chancel liability is likely to be enforced. The solicitor handling your conveyancing will

confirm that a chancel search is appropriate. Ecclesiastical properties in this area where chancel liability may apply include Mission Church, St Christopher and St Michael & All Angels.

Q.

I intend to sell our co-owned house in a hurry at a nearby auction, does Homeward Legal any auction specialist fast Thornhill conveyancing solicitors ?

A.

On the whole law firms are far too slow which can add even more stress to the property legal process.

The use of the latest document and form assembly systems . We give clients a regulated conveyancing property lawyer who will always exert pressure with everyone in the home buyer and seller chain for example solicitors, to bring about a fast exchange of contracts.

Q.

What can I do to get out of paying HMRC stamp duty?

A.

We strongly advise against any form of stamp duty mitigation, as such schemes are expensive and , if the scheme fails, you may be charged a penalty of up to 100% of the stamp duty amount owed.

Q.

Flood risk searches are standard procedure but with recent events such as the widespread river flooding in Wales are they the best way to see enough about the ever changing Thornhill flood risk area?

A.

A good Thornhill lawyer will advise you to get additional conveyancing and environmental searches from Landmark if the initial conveyancing searches identifies a significant risk Thornhill flood risk area data

Why not converse with a next door neighbour for some further insight.

Q.

How does the Thornhill property solicitor report back on the risk of possible flooding in the Thornhill region?

A.

An integral step in the legal procedure involves your solicitor applying for property environmental searches that go in detail with regard to the local Thornhill flood risk. A more detailed set of searches (e.g. Landmark) may be advised by a lawyer in Thornhill if the results of the initial conveyancing searches reveal any risk of flooding.

 
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