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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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The Conveyancing
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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: 20/01/17

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.

When should you instruct a solicitor?

A.

If you choose a firm with 'no move, no fee' protection, the sooner you instruct a firm, the better, as conveyancing involves a number of tasks that may be performed immediately. Promptly instructing a solicitor for your Yate transaction can limit the risk of your transaction falling through.

Q.

Will the Yate lawyer tell me about the cost of council tax for a Band F townhouse before completion?

A.

A conveyancer will contact the South Gloucestershire local council to ascertain the up to date council tax band and rates, which will then be included in the report on title. Up-to-date rates for properties

in Yate are published on the South Gloucestershire local authority site. Currently (07 September 2012) rates are as follows:

  • Band A - £1,023.00
  • Band B - £1,193.00
  • Band C - £1,364.00
  • Band D - £1,534.00
  • Band E - £1,875.00
  • Band F - £2,216.00
  • Band G - £2,557.00
  • Band H - £3,068.00

Q.

Which government authority looks after for overseeing the state of repair of Yate conservation areas?

A.

English Heritage, a government body, have put together information on the condition (poor to good) of conservation areas in addition to the exposure to a worsening of the condition of the area. Conservation areas in Yate are nominated by South Gloucestershire who administer everything from including things like poorly maintained public spaces, the colours of paint used and what can be demolished.

Q.

Is contaminated land in Yate a problem?

A.

Land would be contaminated by a range of natural causes, and an environmental search should reveal whether a specific residence could be affected by contaminants like radioactive substances in the region. Contamination can be caused by Yate waste sites, including Downs Farm, South Glos, BS37 6RZ.

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.

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.

 
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