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Transfer of Equity in Mapperley

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 Mapperley

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

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Ask Lorraine a question

Updated: 25/10/16

Mapperley transport information and addresses ;

The nearest airport to Mapperley is Tollerton, Nottingham City Airport. East Midlands Airport is 14 miles, Tollerton Airport is 5 miles and Gamston Airport is 22 miles away. Nottingham station is around 2 miles from Mapperley.

Nuffield Nottingham is the most convenient hospital.


How do I find a discount conveyancing estimate?


Various firms claim to offer theoretically cheap conveyancing, but additional charges will be included in the terms and conditions. This small print is often not read by property buyers and sellers in a hurry. Applicable disbursements ought to be defined on your conveyancing quote


Can you advise how to bypass paying stamp duty?


Stamp duty avoidance must be treated with caution. These schemes are often uneconomical and very risky. There have been a number of government-sponsored schemes, such as disadvantaged area relief. A conveyancing solicitor should confirm whether you are eligible.


How much would my conveyancing searches be?


The cost of searches on a Mapperley house somewhat varies, depending on the searches required by your lender. Searches are paid out to a 3rd party, and are not included in your solicitor's fees.


Should we select the law firm who works with by my agent?


It is common for estate agents to endorse a solicitor. Such referrals should be compared against alternatives, as it may be the case that the agent recommends the firm which pays to the largest referral fee, not the best value for you.


Will the report on title prepared by the conveyancing solicitor in Mapperley report on the amount of council tax on a Band H property before contracts are exchanged?

Your property solicitor will consult with the Nottingham local council to ascertain the appropriate council tax rates, which will be set out in the title report. Up-to-date rates for homes in Mapperley are published on the Nottingham local authority site. Currently (28 October 2012) the different rates are:

  • Band A - £1,076.00
  • Band B - £1,255.00
  • Band C - £1,434.00
  • Band D - £1,614.00
  • Band E - £1,972.00
  • Band F - £2,331.00
  • Band G - £2,689.00
  • Band H - £3,227.00


Do your house conveyancing solicitors look after the legal conveyancing of property auction properties in Mapperley?


Homeward Legal commonly take instructions from bidders at auction. Homeward Legal tend to recommend bidders to appoint a good lawyer in advance of the day of the auction to allow enough time for a title report of the legal pack.

Subsequently, immediately after the auction day itself your chosen lawyer is utterly prepared for quickly concluding the conveyancing in the reduced time frame as usually required .


Would acquiring a property survey be required when we are purchasing a house?


It is strongly advised that you arrange a property survey if you are intending to buy in Mapperley. Numerous defects affect a property. These include cracks around door frames or cracked roof tiles, and these will not be addressed by your conveyancing solicitor.


There is a lot of free information about handling the legal work as a buyer of a maisonette. Might it be a false economy to take care of the legal work myself?


Hypothetically there is no argument why you cant do the greater majority of the your own conveyancing unaided. In reality however, a conveyancing solicitor juggles a large number of tasks ranging from chasing replies to enquiries and applying for searches some of which require a qualified professional. Nonetheless solicitors are required to have professional indemnity insurance to shield you from any professional failures on the part of the solicitor.