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Transfer of Equity in Thrapston

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 Thrapston

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

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 17/01/17

Thrapston's nearest train station is Kettering. The nearest airport to Thrapston is Cambridge City Airport.

Cransley Hospice Kettering is the nearest hospital to Thrapston.

Q.

How do we find fixed rate conveyancing in Thrapston?

A.

Numerous conveyancers claim to offer so-called cheap conveyancing, but extra charges are frequently hidden in small print. Any charges should be reasonable and clear and only come into force where your solicitor is required to complete extra work , which could not be anticipated at the start of the process. Our online quote calculator will generate an accurate quote for your transaction.

Q.

Can you address how to get out of paying out for stamp duty land tax?

A.

Stamp Duty Land Tax (SDLT) is usually payable on home purchases sold for over one hundred and twenty-five thousand pounds. Stamp duty avoidance should not be considered when purchasing in Thrapston. These schemes are often uneconomical and , if the scheme fails, you may be charged a penalty of up to 100% of the stamp duty amount owed. There have been a small number of legal initiatives, such as relief for buyers in 'disadvantaged areas'.

Q.

Which local authority is responsible for Thrapston?

A.

Thrapston is located in Kettering Borough Council, Municipal Offices, Bowling Green Road, Kettering, Northamptonshire, NN15 7QX, phone: 01536 410 333

Q.

Do I need to get a property survey?

A.

Homeward Legal heavily advise that most purchasers order a property survey. There are a wide range of problems which affect a property, that a solicitor will be unable to address, for example corrosion of pipework or poor drainage.

Q.

Which factors will affect land in Thrapston, and should they be a problem?

A.

Numerous of contaminants may damage residential property in Thrapston, like overhead transmission lines. An environmental search will give more information.

Q.

Which body looks after for overseeing the condition of neglect Thrapston conservation areas?

A.

Local Thrapston conservation area matters, for instance what can be developed, dormer windows or street posts are dealt with by the local authority (Kettering). English Heritage, a government body, keep details in relation to the state of conservation areas along with the vulnerability to a worsening of the condition of the area.

Q.

Our purchase is completing in July, how is stamp duty assessed?

A.

The Stamp Duty Land Tax you must pay is dependent on the purchase price. On a £1.014mil house or flat, stamp duty will be £50700 (information correct May 2012).

Q.

Solicitors in Thrapston get a variety of searches when instructed by a home buyer, which particular ones?

A.

If getting a mortgage a mortgage lender insist that at least the following Local Authority (personal or official), Drainage and Water Search (CON29DW or personal) and Environmental, and, depending on certain criteria, less common searches, which might include SIM.

 
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