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Transfer of Equity in Torfaen

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 Torfaen

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

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 04/12/16

The closest station to Torfaen is Cwmbran. The closest airport to Torfaen is Cardiff Airport. Bristol Airport is 24 miles away.

County Griffithstown is the most convenient hospital to Torfaen.

Q.

On the purchase of a £674,000 property, what will be the fees? We need to find affordable conveyancing in Torfaen.

A.

Numerous law firms purport to offer supposedly 'the cheapest conveyancing quotes'. However additional charges may increase your final invoice. A quote for conveyancing in Torfaen should state third party costs, termed disbursements, to be paid. Any extra charges found in terms of engagement needs to be fair and clearly defined. They be applicable if your conveyancer must complete additional work in your interest, which could not be anticipated at the start of the process. Get a quote using the Homeward Legal quote calculator for the property you are buying.

Q.

In the next month we are looking to move out of our terraced building in Torfaen to a bigger property in Swansea , at what stage to book a removals firm?

A.

Most property lawyers tend to suggest that buyers hold off booking a removals company until after exchange of contracts because typically a definitive moving date wont have been accepted by both parties. Try Abacus Removals, 91 Five Locks Road, Pontnewydd, Cwmbran, NP44 1BE Tel: 01633 774128 or Fox Group Moving & Storage Ltd, 10 Somerset Ind Est, Cwmbran, NP44 1QX Call: 01633 866166.

Q.

What can contaminate land in Torfaen, and are they properly investigated?

Numerous of contaminants caused by factors caused by man and by nature can impair residential property in Torfaen, like shallow mining. An environmental search can provide much more clarity.

Q.

For a residential property valued at £338000. What will be assessed for stamp duty tax?

A.

The Stamp Duty you pay will rely on several factors, primarily the house or flat's purchase price. On a £338000 property, stamp duty will be £10140.

Q.

Which local authority is responsible for Torfaen?

A.

Torfaen intersects with the following local authorities: Torfaen County Borough Council, Civic Centre, Pontypool, Torfaen, NP4 6YB, contact: 01495 762 200

Q.

Which Torfaen mortgage lender panels are your solicitors on?

A.

Of lenders with local branches nearby Torfaen, Homeward Legal work with many. Torfaen lenders and mortgage specialists include Monmouthshire Building Society, 8 The Pde, Cwmbran, NP44 1PT, and Complete Mortgage Solutions, 11 Severn View, Upper Cwmbran, Cwmbran, NP44 5SU.

Q.

Would you recommend that I get a chancel liability search when my partner and I are purchasing by parsonage land in Torfaen?

A.

Chancel liability repair costs can run into £100,000s, which owners of affected property will be compelled to pay on demand to the Torfaen Church council. A chancel search is employed to check whether such a liability exists.

Q.

I am enquiring about council tax amounts on a Sixties end of terrace property in Torfaen, how much are they?

A.

Commonly, a title report will contain the appropriate Torfaen council tax band.

The correct rates for residents of Torfaen are published at the Torfaen council site. At the time of writing, 25/09/2012, rates are:

  • Band A - £805.36
  • Band B - £939.59
  • Band C - £1,073.81
  • Band D - £1,208.04
  • Band E - £1,476.49
  • Band F - £1,744.95
  • Band G - £2,013.40
  • Band H - £2,416.08

 
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