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Transfer of Equity in Wollaston

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 Wollaston

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

Profile photo of Clarisa McMahon

By

Ask Clarisa a question hl@syntarsus.co.uk

Updated: 09/12/16

Wollaston's closest station is Wellingborough at 3 miles and Wollaston's closest airport is Turweston Aerodrome Airport.

Isebrook Wellingborough is a nearby hospital to Wollaston.

Q.

We need to find a solicitor that offers cheap conveyancing. How do I get a quote?

A.

This catches out many buyers, and can leave them paying far more in conveyancing fees than they budgeted. Many conveyancers offer so-called 'the cheapest conveyancing'. Often additional charges are often hiding in the terms and conditions. A quote for conveyancing in Wollaston should also state any disbursements.

Q.

Northern Rock is our mortgage lender - what do I need to check?

A.

In some cases, lenders have opted to reduce the size of their 'solicitor panel'. Homeward Legal, however, can act for all large lenders, keeping buyers' legal costs to a minimum.

Q.

Will you need searches for chancel liability? I am purchasing near a church in Wollaston.

A.

Chancel liability repair costs can run into £100,000s, which owners of affected property will be compelled to pay on demand to the Wollaston Church council. As a consequence of a recent Act, interest over any affected land must be registered by October 2013. Your solicitor will suggest an appropriate indemnity policy to address chancel liability. Churches in this area where a chancel search may be appropriate include St James and St Mary.

Q.

Flood searches may be all well and good but in light of climate change e g the extensive flooding in Sept 2012 in the East Midlands are they comfort enough to verify enough about the Wollaston flood risk area?

A.

A qualified Wollaston conveyancing solicitor will suggest that you also get flood searches (Landmark search) if the standard searches spots a significant risk the local Wollaston flood risk

Sometimes buyers speak to a next door neighbour for some added information.

Q.

How can a conveyancing solicitor in Wollaston investigate the risk and history of floods in the Wollaston region?

A.

A conveyancing solicitor will conduct official property environmental searches that incorporate Wollaston flood risk data. In addition your Wollaston solicitor may possibly advocate a more detailed specialist flood search.

Q.

I am purchasing a £1019000. How is stamp duty calculated?

A.

The Stamp Duty you pay will rely on the purchase price. On a £1019000 Wollaston property, stamp duty will be £50950 (accurate March 2013).

Q.

The vendor looks to have installed ill-suited stone cladding on the building which might possibly overstep the Wollaston conservation area criteria.

A.

Wellingborough council Requisition for search and Official Certificate of Search carried out by your Wollaston conveyancing solicitor during the conveyancing process will determine the existence of suitable council approval for modifications to the property.

Q.

We are buying on a ex-industrial site. It appears that beryllium (Be) top-soil contamination may be an issue.

A.

Wollaston and the surrounding region has a legacy of chemical contamination. Land may also be contaminated by other sources, including hazardous gases.

 
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