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Transfer of Equity in Yate

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 Yate

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

Profile photo of Clarisa McMahon

By

Ask Clarisa a question hl@syntarsus.co.uk

Updated: 08/12/16

The nearest airport to Yate is Bristol Airport. The closest train station to Yate is Yate, about a mile away.

Emersons Green, NHS Treatment Centre is a nearby hospital.

Q.

What are the best rates for conveyancing for a £350k property?

A.

Lack of clarity over this topic catches out many buyers, and can leave them paying far more in fees than they budgeted. Many law firms purport to offer cheap conveyancing quotes, but extra costs will be included in small print which unwary buyers fail to check. Any extra costs found in terms and conditions should be fair. The conveyancing quote ought to define any disbursements to be paid.Our quotes clearly state all legal fees for a standard conveyancing transaction.

Q.

We are buying on a Yate ex-industrial site. Is the topsoil likely to be contaminated by waste minerals like aluminium?

A.

There are considerable regulations in order to manage topsoil contamination. Various bodies hold data on land contaminants affecting Yate, including local authorities.

Q.

There are an abundance of guidebooks giving details on doing your own legal work such as House Buying, Selling and Conveyancing . Do I actually need to use a lawyer in Yate for my home move?

A.

Theoretically there is no reason why a home buyer cannot decide to embark on the your own conveyancing unaided.

However, a solicitor typically handles a large array of tasks such as chasing completion statements or maintaining constant communication with agents many of which require training. In addition lawyers must carry the applicable indemnity insurance to protect you from any professional omissions.

Q.

Will it be necessary to get a chancel search if we plan to buy in the parish of Pucklechurch and Abson?

A.

Your conveyancing lawyer is likely to recommend a chancel search. Chancel repair may be apportioned on owners of a building where parish councils have previously chosen not to do so. It is not safe to rely on the historical behaviour of the parish council alone as a guide.

Q.

I am going to a property auction and will would like arrange fast conveyancing, what can we do to accelerate our transaction?

A.

Finding a proactive and experienced property lawyer is key a faster move. Ask these questions when identifying your conveyancer:

  • Which communication methods do they use? Days can be wasted waiting for letters in the post which could be emailed or faxed.
  • Was there a delay delivering a quote?
  • How soon will they order searches?

Q.

Do many conservation areas in Yate have the potential to impact the building we are buying?

A.

Conservation areas indicate neighbourhoods of architectural or historic interest. Your solicitor will be able to advise further and address the consequences of purchasing property in a conservation area, regarding specific conservation areas in Yate.

Q.

Will the property solicitor in Yate carry out any searches on the Gloucestershire Victorian semi-detached building I am intending to buy?

A.

The customary conveyancing procedure will be to obtain Local Authority (personal or official), Drainage and Water Search (CON29DW or personal) and Environmental and, depending on certain criteria, area-specific searches, like a Chancel Search.

Q.

Are pre-completion searches disbursements or fees?

A.

Comparing quotes can be difficult, considering differences in terminology. These costs are disbursements not fees, and is passed on to the buyer at cost.

 
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