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Transfer of Equity in Westbury On Trym

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.

Get an instant quote for a transfer of equity in Westbury On Trym.

Remortgage Solicitors Westbury On Trym

Homeward Legal's panel of solicitors carry out remortgage conveyancing for Westbury On Trym 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 Westbury On Trym Q & A's

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 30/11/16

Local Westbury On Trym attractions

Westbury College Gatehouse National Trust Bristol St Paul Churches Conservation Trust and Clifton Suspension Bridge Bristol Historic Building are close at hand to Westbury On Trym.

Westbury On Trym is very close at 2m of junction entry 18 Northbound of the M5.

Westbury On Trym's closest station is Sea Mills and the nearest airport to Westbury On Trym is Bristol Airport.

The closest hospital to Westbury On Trym is Southmead Bristol.

Q.

How do I find fixed rate conveyancing?

A.

Lack of clarity over this topic catches out many homeowners, and can leave them paying far more in fees than they budgeted. Many solicitors purport to offer 'the cheapest conveyancing quotes'. However additional fees are often hiding in the small print. Your Westbury On Trym conveyancing quote should state costs to be paid to third parties, including search providers, (disbursements). Any extra charges should be reasonable. They be applied only where the conveyancer is required to perform tasks outside a normal transaction , which could not be anticipated at the start of the process. We provide quotes, not estimates, and clearly state the fees for a standard conveyancing.

Q.

Can you explain why the sale conveyancing process takes such a long time?

A.

The legal work involved in buying or selling Westbury On Trym property could be obstructed. We strive to reduce their impact whenever feasible.

Q.

Is a leasehold supplement a fee or disbursement?

A.

Disbursements and fees should be identified on your quote. This cost is a fee not a disbursement, and should be clearly stated in a quote for your conveyancing.

Q.

Do you recommend that I get a chancel search? I am buying a Westbury On Trym home close to a parson's close.

A.

The Law Lords decision in Aston Cantlow (PCC) v Wallbank confirmed that chancel repair liability could be enforced. A chancel search checks that such a liability exists. A solicitor will be able to advise further.

Q.

What can my searches usually cost?

A.

Conveyancing searches ranges in cost. Additional searches your solicitor may recommend include a British waterways search.

Q.

Property conveyancing searches are standard procedure for home buyers but with climate change for instance the widespread flooding in Sept 2012 in South West England are they sufficient to report enough about the changing Westbury On Trym risk of flooding?

A.

A competent Westbury On Trym conveyancing solicitor will suggest that you get environmental searches from Landmark if the standard search flags up a Westbury On Trym flood risk area

For greater assurance you can converse with a neighbour of the property.

Q.

Does my assigned Westbury On Trym solicitor tell me about the amount to be paid of council tax on a Band H apartment before completing on the purchase?

A.

The conveyancer will speak to the governing council to ascertain the most up to date council tax rates, which will subsequently be included in the conveyancer's title report. Council tax charges for homes in Westbury On Trym are listed at the Bristol council site. At the time of writing (22 January 2013) band rates are:

  • Band A - £1,047.00
  • Band B - £1,221.00
  • Band C - £1,395.00
  • Band D - £1,570.00
  • Band E - £1,919.00
  • Band F - £2,267.00
  • Band G - £2,616.00
  • Band H - £3,140.00

Q.

How do you determine stamp duty?

A.

The Stamp Duty that will be due will rely on the value of the property. On a £753000 house in Westbury On Trym, stamp duty will be £30120.

 
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