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Transfer of Equity in Astwood Bank

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.

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Remortgage Solicitors Astwood Bank

Homeward Legal's panel of solicitors carry out remortgage conveyancing for Astwood Bank clients every week.

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The Conveyancing
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Conveyancing in Astwood Bank Q & A's

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Updated: 20/10/16

Planning to moving to the Astwood Bank area? Practical Astwood Bank transport and public service facts ;

Defford Airport (disused) Airport is 15 miles from Astwood Bank. Birmingham Airport is 16 miles, Coventry Airport is 22 miles, Wolverhampton Business Airport Airport is 23 miles and away and Astwood Bank's closest station is Alvechurch at 6 miles.

Alexandra Redditch is a nearby hospital.


What are the best rates for conveyancing for a £114k property?


Several property lawyers promote cheap conveyancing. However extra charges are frequently hidden in the terms of engagement that homeowners often do not check. Extra fees which are listed in terms and conditions ought to be reasonable and clear. Any disbursements ought to be listed on the conveyancing quote. Homeward Legal quotes offer a clear statement of your legal fees for a standard conveyancing transaction.


Are there any areas of conservation in Astwood Bank?


There are numerous areas of conservation around Astwood Bank. Your property solicitor will be able to offer more information and discuss the relevant responsibilities.


As a consequence of the major flooding last year in the Midlands I am thinking that flood searches may not be sufficient?


A Astwood Bank property solicitor will suggest that you apply for conveyancing searches if the standard search establishes a any kind of risk of flooding in Astwood Bank.

It is not uncommon for buyers to get in touch with a neighbour or local resident to get additional local history.


How much can our searches on average cost?


The cost of conveyancing searches can vary. They are paid to a third party, and are charged 'at cost'.


What authority has overall responsibility for overseeing the condition of repair of the conservation areas in Astwood Bank?


English Heritage have put together a list of the state of conservation areas. Local conservation areas are created by the local authority (Redditch) who administer everything from including things like excessive road signs, rear extensions and paths and footpaths.


What will a Astwood Bank property solicitor recommend if the house is inside a Redditch council conservation area which has unbecoming cladding fitted to it?


The local authority searches carried out by your solicitor during the legal process should identify the existence of suitable formal approval for any changes to the property.


Astwood Bank solicitors conduct formal searches if instructed by a purchaser but what actual searches?


When you are applying for a mortgage the mortgage lender insist that the following Local Authority Search, Drainage and Water Search (CON29DW or personal) and Environment Search, and, depending on certain criteria, less common searches e.g. a Contaminated Land.


What will the council tax cost for a buy to let Band B flat in Astwood Bank?


The pertinent band will typically be detailed in the report on title, and by the local council

Up-to-date rates for residents of Astwood Bank are set out on the Redditch local authority website. Currently, 16 August 2012, rates are:

  • Band A - £1,001.00
  • Band B - £1,167.00
  • Band C - £1,334.00
  • Band D - £1,501.00
  • Band E - £1,834.00
  • Band F - £2,168.00
  • Band G - £2,502.00
  • Band H - £3,002.00