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Transfer of Equity in Truro

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 Truro

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

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 15/01/17

As reported by the most recent (2011) national census Truro has a population 293,864 people spread over an area of 140,662 hectares (347,582 acres) which equals a population density of 2.1 people per hectare or 0.8 per acre.

Truro's nearest train station is Truro at 1 mile s. Truro's closest airport is Newquay Airport. Penzance Airport is 23 miles and away.

Royal Cornwall Treliske is the closest hospital for Truro.

Q.

Although there are lots of £99 fixed quotes online, how do we find a reputable one? I need to find affordable conveyancing.

A.

Various law firms claim to offer theoretically 'the cheapest conveyancing quotes'. Often additional costs may be added into small print which homeowners may have not read carefully Our online quote calculator will generate an accurate quote for your transaction.

Q.

Which actual search enquiries does my lawyer in Truro get when acting on a Truro home?

A.

The routine conveyancing procedure will be to get Local Authority, Drainage and Water Search (CON29DW), Environment Search, Tin Search and Clay Search and, depending on certain criteria, area-specific searches for example HS2 Search.

Q.

May my conveyancing fees incorporate any hidden charges?

A.

Homeward Legal will not charge any additional charges. If you are comparing quotes, consider that some firms only provide estimates disguised as quotes, meaning that your final bill could be much higher.

Q.

Do we need to choose a law firm suggested by the estate agent in Leatherhead?

A.

It is commonplace for agents in Leatherhead to recommend a conveyancer. However, if the agent is paid a fee by the solicitor, some agents choose the solicitor willing to pay the highest referral fee, not the law firm with the best reputation.

Q.

When should one make arrangements with a removal company?

A.

Best advice is to put off booking a removal company until after everyone has confirmed your moving date that occurs once exchange of contracts. For a local Cornwall company Truro Van Man, 26 Trelander North, Truro, TR1 1PW Telephone: 01872 835609 or A 2 B Removals, Bridge House/38 Edward St, Truro, TR1 3AJ on 01872 263526.

Q.

Can I bypass paying SDLT?

A.

SDLT must be paid for houses priced at over 125,000 pounds. We do not recommend buyers expose their finances to any form of stamp duty reduction scheme, as such schemes are expensive and HMRC may challenge a scheme up to six years later.

Q.

Is contaminated land a concern for most homes in Truro?

A.

Property could be contaminated by numerous natural causes and human activities, like masts or pylons. An environmental search can give more clarity. Higher Trestrayle Farm, Cornwall, TR2 4HJ may be one source of local contamination.

Q.

We have a found a freehold residence to buy. How do we guarantee fast legal work?

A.

Most importantly, finding a proactive, diligent conveyancing solicitor is crucial to a fast conveyancing transaction. There are, in addition, numerous things you, as the purchaser, could do. These include:

  • promptly answering your conveyancing solicitor's questions
  • arranging your mortgage offer
  • requesting regular updates from your conveyancing solicitor and keep the pressure on

 
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