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Transfer of Equity in Yelverton

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 Yelverton

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

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 16/01/17

Plymouth City Airport is 5 miles from Yelverton. and Yelverton's nearest train station is Bere Alston.

Tavistock hospital is relatively close to Yelverton.

Q.

How do we find the best rates for conveyancing in Yelverton for a 723k property?

A.

Both high-street and online law firms promote supposedly 'the cheapest conveyancing quotes', but additional charges are frequently hidden in the solicitor's terms. Additional fees found in the terms should be fair and reasonable. A quote for conveyancing in Yelverton should also state any disbursements.The Homeward Legal quote calculator will confirm the exact legal fees based on the property you are buying.

Q.

We are buying a period investment flat in a designated Yelverton conservation area, how do I find more information on the standard of repair?

A.

English Heritage, a government body, have conducted a survey and created a list on the state of repair of conservation areas in Yelverton and across England along with the vulnerability to getting worse. Conservation areas in Yelverton are designated by the local authority (West Devon) who manage everything from building materials used to the hindrance of poorly maintained public spaces.

Q.

Could the charges for our conveyancing incorporate any additional costs?

A.

It is unfortunate that sellers must read the terms of their conveyancing quote careful to identify any hidden

fees. Homeward Legal's solicitors do not charge any hidden extra charges. Some firms only provide estimates disguised as quotes, meaning that your final bill could be much higher.

Q.

What can a Yelverton conveyancing lawyer do if the home we are intending to buy is inside a registered conservation area and has unauthorised windows added?

A.

West Devon council enquiries carried out by a property lawyer as part of the conveyancing will verify if the property is within a designated conservation area proof of permission for alterations will be asked for.

Q.

What are 'fixtures and fittings'?

A.

House purchasers will often be frustrated with the lack of formality over which fixtures and fittings are included. Completion or agreement of a fixtures and fittings form is unfortunately often left to the last minute, when a dispute may jeopordise the transaction.

Q.

Do you need to get searches for chancel liability? We are purchasing a flat conversion in Yelverton.

A.

The outcome of a landmark case 10 years ago confirmed that chancel repair liability could be enforced. A number of sources are used to identify liability, including county histories. Churches in this area where a chancel search may be necessary include St Mary and St Paul's.

Q.

At what point is it wise to instruct a solicitor in Yelverton?

A.

With few exceptions, as soon as possible. Early instruction of a firm to act on your Yelverton sale or purchase can reduce the likelihood of the transaction aborting.

Q.

What can we do to avoid paying for SDLT?

A.

Stamp duty reduction must be treated with caution, as such schemes are expensive and , if a scheme is challenged, you can be fined up to 100% of the amount owed, in additional to the tax itself.

 
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