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Transfer of Equity in Ladywood

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 Ladywood

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

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Updated: 18/10/16

Ladywood travel information and addresses ;

Ladywood's nearest train station is Five Ways at 1 mile s. The closest airport to Ladywood is Birmingham Airport. Coventry Airport is 21 mile and Wolverhampton Business Airport Airport is 15 miles away.

Birmingham City is the neighbouring hospital.


On the purchase of a £431k house, what will be the fees? We are looking for an affordable Ladywood conveyancing estimate.


This catches out many buyers, and can leave them paying far more in fees than they budgeted. Many firms promote so-called cheap conveyancing quotes, however additional costs may be added into small print. Charges included in terms of engagement should be fair.


What should I be aware of if buying a loft conversion within a Birmingham planning authority designated conservation area ?


Part of the due diligence for buyers involves ordering of LLC1 searches of Birmingham council to see conservation area status and the appropriate consent for modifications. If no necessary permissions be in evidence your solicitor will recommend the options such as buying an indemnity insurance or obtaining retrospective approval from the planning authority.


We are buying on a new development ex-industrial use land. What should we do regarding vanadium soil contamination?


With this region's industrial history in parts of Ladywood, soil contamination is difficult to avoid. Data on many contaminants, such as water contaminants such as solvents and herbicides, will be included in an environmental search.


How is Stamp Duty Land Tax rates calculated, what will we need to pay on a £1055000 property?


Stamp Duty in Ladywood will rely on the value of the property. It is £52750 on a £1055000 house (information correct 12/03/2013).


Should I get a chancel search? I am buying in Ladywood.


Potentially amounting to over £100,000 in repair cost obligations, chancel liability should be considered by buyers of Ladywood property likely to be affected. As a consequence of a recent Act, interest over any affected land must be registered by October 2013. A solicitor will be able to advise further. Ladywood ecclesiastical properties where a chancel search may be necessary include St John the Evangelist & St Peter.


Prudential Banking is our lender - what do I need to know?


When arranging a mortgage, legal work must be undertaken in relation to the mortgage. Recently, a number of lenders have limited the firms who can act for them, resulting in increased legal costs for house purchasers in cases where the preferred solicitor cannot act for their lender, and another must also be instructed. Homeward Legal will act for many CML-approved lenders so that the buyer will not have to pay legal fees for your lender's solicitor.


Where do we uncover more info about the Ladywood and Ladywood conservation areas?


Conservation areas in Ladywood, for example paths and footpaths or rundown streets are managed by the local Birmingham planning authority. Following a campaign, English Heritage have conducted a survey and created information about the state of repair of conservation areas in addition to the trend.


In 2 months we are intending to be moving out of our period property on the outskirts of Ladywood into a newer property in Kingstanding what is the right point to choose a removal company?


Homeward Legal tend to encourage buyers and sellers put off booking a removals company until exchange of contracts as a move date will not have been settled.

Why not try M D L Removals Ltd, 79 83 Holloway Head, Birmingham, B1 1QP Call: 07756 279857 or John Removal, 91 Albion St, Birmingham, B1 3AA Telephone: 07770 811033.