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Transfer of Equity in Uppingham

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 Uppingham

Homeward Legal's panel of solicitors carry out remortgage conveyancing for Uppingham clients every week.

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Conveyancing in Uppingham Q & A's

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 15/01/17

Tollerton, Nottingham City Airport is 27 miles from Uppingham. The nearest train station to Uppingham is Oakham.

Rutland Memorial is the most convenient hospital to Uppingham.

Q.

Do all cheap conveyancing quotes have extra fees? I am trying to find discount conveyancing in Uppingham.

A.

Various law firms claim to offer so-called cheap conveyancing quotes, but additional charges can increase your final invoice. Extrasfound in the terms should be reasonable and only be applied if the solicitor must perform additional tasks in your interest, which could not be anticipated at the start of the process.

Q.

The property being purchased is on a brownfield land. Is the soil likely to be contaminated?

A.

Soil contamination is tested regularly. Other sources of contaminated land include hazardous gases and groundwater contamination.

Q.

I am completing next August. What will be calculated for stamp duty tax?

A.

Stamp Duty will rely on the value of the house or flat. On a £377000 residential property, stamp duty will be £11310.*

*Correct October 2012

Q.

Does your solicitors company specialise the conveyancing of auction properties in Uppingham?

A.

We are able to act on residential property auction procedures. Usually specialist properties like building land, are bought in property auctions which tend to require supplementary fact-finding by the conveyancing lawyer. Lawyers therefore advocate that buyers at auction appoint a good lawyer well before the auction to allow for a review of the lot.

Immediately following the day of bidding, your lawyer will be focused on finalise the conveyancing in less than 28 days as conventionally required by the terms of sale.

Q.

How much is the council tax on a Sixties terraced dwelling in Uppingham?

A.

In most cases a title report will contain the appropriate Corby council tax band.

Council tax rates for Uppingham are tabled at the Corby council site. At the time of authoring (13 March 2013) rates are as follows:

  • Band A - £935.00
  • Band B - £1,090.00
  • Band C - £1,246.00
  • Band D - £1,402.00
  • Band E - £1,713.00
  • Band F - £2,025.00
  • Band G - £2,336.00
  • Band H - £2,804.00

Q.

What additional enquiries regarding the risk of floods in the Rutland region will the lawyer in Uppingham scrutinise?

A.

A solicitor will conduct standard environmental searches that will include Uppingham flood risk data. At the time of writing reports on the Environment Agency do not reveal any flood warnings in Uppingham.

Q.

Handling the legal work without the aid of a lawyer in Uppingham looks to be possible as a seller of a house , but would it be insensible ?

A.

Should you desire t endeavour to do so you can take care of he majority of the conveyancing without the help of conveyancing solicitor in Uppingham. Fundamentally DIY lawyers might come a cropper appropriate professional indemnity insurance that firms and their solicitors need to have.

Q.

I am intending to buy a rectory in Bottesford. Will we need a chancel search?

A.

Your property solicitor might recommend a chancel search, whichever parish in which the house being purchased is located. Chancel repair can be imposed on new owners of a house where parish councils may have not done so in the past.

 
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