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Transfer of Equity in Trowbridge

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 Trowbridge

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

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 27/11/16

Trowbridge, Station Approach train station is around 1 mile from Trowbridge and Trowbridge's nearest airport is Bristol Airport (22 miles).

Trowbridge Community is a nearby hospital for Trowbridge.

Q.

How do I get the cheapest Trowbridge conveyancing quote?

A.

Many online and high street solicitors purport to offer theoretically cheap conveyancing, but additional charges are frequently hidden in the solicitor's terms of engagement. Any additional costs which are listed in the solicitor's terms should be fair. Based on the property you intend to buy, our online quote calculator will generate an accurate statement of conveyancing fees.

Q.

What factors will contaminate land in Trowbridge. Are they an issue?

A.

Several contaminants can lessen the desirability land in Trowbridge, such as hazardous substances in the ground or proximity to scrap yards. An environmental search will give more detail. Contamination can be caused by local landfill sites, including Land/ Premises At, Hawcroft Holt, Wiltshire, BA14 6RN.

Q.

What kind of searches in respect to the risk of local flooding in the Wiltshire area will a conveyancing solicitor in Trowbridge actually do?

A crucial component in the legal due diligence process of purchasing a property involves a solicitor making an application for environmental searches that give you detail about the Trowbridge area flood risk.

Q.

Can we hold off paying stamp duty to the Revenue?

A.

Stamp duty scheme should not be considered. These schemes are expensive and , if a scheme is challenged, you can be fined up to 100% of the amount owed, in additional to the tax itself.

Q.

I am purchasing in Trowbridge. How can we check that the residence is in a conservation area?

A.

Conservation areas delineate neighbourhoods of 'special architectural and historic interest'. A conveyancing solicitor will confirm potential liability for unauthorised works for affected areas in Trowbridge.

Q.

Lawyers in Trowbridge do standard searches if instructed by a purchaser, which specific ones?

A.

If taking out a mortgage, your lender requires you to the following for properties in Trowbridge: Local Authority (personal or official), Drainage and Water Search (CON29DW or personal) and Environmental, as well as any specific searches, like a Anti Money Laundering Search.

Q.

For a residence valued at £1081000, how is SDLT calculated?

A.

SDLT will rely on the purchase price. It will be £54050 on a £1081000 house or flat (accurate March 2013).

Q.

Of major Trowbridge lenders, who have joined your panel?

A.

Most lenders in Trowbridge are on our Trowbridge solicitors' panel. Trowbridge lenders and mortgage specialists include Alliance, 33 Bradford Rd, Trowbridge, BA14 9AN, FX Mortgages Ltd, 5 Ushers Ct, Trowbridge, BA14 8GH, and K T M Mortgages Ltd, 155 Ashton Rd, Hilperton, Trowbridge, BA14 7TH.

 
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