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Transfer of Equity in Waterbeach

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 Waterbeach

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

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 30/11/16

Waterbeach's closest station is Waterbeach at 1 mile s. The closest airport to Waterbeach is Cambridge City Airport (4 miles).

Q.

Noted Waterbeach interest

A.

Impington Cambs Windmill, Denny Abbey and the Farmland Museum English Heritage and Milton Country Park are in Waterbeach.

The nearest hospital is Impington, Cambridge Lea.

Q.

How do I get low cost conveyancing?

A.

Both high-street and online conveyancers purport to offer cheap conveyancing quotes. Unfortunately extra fees will be included in the solicitor's terms. Third party costs, termed disbursements, to be paid should also be included on a quote Any charges found in the terms should be fair. Homeward Legal quotes offer a clear statement of your legal fees for a standard conveyancing transaction.

Q.

What would my conveyancing searches in Waterbeach be?

A.

The cost of conveyancing searches for a Waterbeach property varies somewhat, depending on the searches required by your lender. They are charged at cost.

Q.

Are your lawyers set up to very fast completions on the conveyancing of auction properties in Waterbeach?

A.

Yes - In fact we prepare legal packs for vendors and do frequently get instructed by buyers and sellers at auction. It is important buyers at auction to choose a CQS solicitor as ahead of time as they can to allow time for a detailed review of the legal papers in advance of the auction day. After the property auction you are the lawyer will need to be fully prepared to briskly finish all of the legal work within 28 days, a requirement of standard auction conditions.

Q.

Our agent has put forward a law firm. Will it be easier to use this firm?

A.

Your agent will be able to pressure a conveyancing solicitor they refer a large number of clients to, and can therefore exert pressure on your behalf. However, if the agent is paid a fee by the solicitor, some agents choose the conveyancer who pays out the highest referral fee, not the most appropriate choice.

Q.

We need to complete this purchase as soon as possible, how can we aim for fast conveyancing?

A.

Experienced buyers will tell you that contacting a proactive, diligent solicitor is key fast Waterbeach conveyancing. There are a number of tasks you can also do to speed up the process. These include:

  • getting your mortgage offer in place
  • keeping in regular contact with the solicitor
  • quickly answering your solicitor's questions

Q.

I plan to buy a restored chapel in the parish of Burwell St Mary. Will it be necessary to get a chancel search?

A.

Whichever Waterbeach parish you are buying in, a property solicitor might recommend a chancel search. Although some parish councils have decided to impose chancel repairs on the current owners of lay rectorships, a solicitor cannot state with certainty that a parish which has not been subject to chancel liability in the past will remain liability-free for new owners, so indemnity insurance may be advisable even if liability is unlikely.

Q.

What type of environmental conveyancing searches concerning the risk and history of possible flooding in the Cambridgeshire region will the Waterbeach property lawyer actually carry out for an investment property we are going to buy?

A.

An experienced conveyancing solicitor makes an application for standard protocol property conveyancing searches that should include Waterbeach flood risk area information.

Q.

Which government body is responsible for recording the standard of Waterbeach conservation areas?

A.

Conservation areas in Waterbeach are specified by the local authority (South Cambridgeshire) who preserve the state of the area including things like street posts, extensions and paths. English Heritage, a government body, maintain records about the condition of conservation areas in England along with the vulnerability to getting worse.

 
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