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Transfer of Equity in Oakwood

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 Oakwood

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

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Updated: 19/10/16

Local Oakwood attractions

Derby St Werburgh Churches Conservation Trust and Kedleston All Saints Churches Conservation Trust are close at hand to Oakwood.

The closest airport to Oakwood is East Midlands Airport (9 miles). Tollerton Airport is 15 miles away. Spondon train station is about 2 miles from Oakwood.

The nearest hospital to Oakwood is Derbyshire Royal Infirmary.


Can you confirm your cheapest fee for a £455,000 property? We are trying to find fixed rate conveyancing.


This catches out many buyers, and can leave them paying far more in fees than they budgeted, and many firms purport to offer 'the cheapest conveyancing quotes', but additional fees will be included in small print. Any disbursements should also be included on your conveyancing quote


What length of time does I allow for conveyancing legal work take, in your opinion?


On average, the amount of time taken to transact a home may vary. This is based on a broad set of factors. These could include when 3rd parties fail to promptly answer queries. For most firms in England and Wales, the average is between 8 to 12 weeks, we however aim for faster conveyancing, driving the transaction to complete within 6 to 8 weeks.


How is stamp duty worked out?


The Stamp Duty you will owe will rely on the purchase price. On a £1041000 home, stamp duty will be £52050.*

*Correct September 2012


What does the Oakwood conveyancing lawyer advise if the home is located in a High Peak council conservation area and turns out to have unsightly new windows fitted to it?

High Peak local authority enquiries conducted by your Oakwood property lawyer during the legal process will identify the existence of suitable council approval for any additions to the property.Should no necessary permissions be provided your Oakwood conveyancer will recommend all options which may include purchasing an indemnity insurance or seeking retrospective consent from the appropriate local authority.


We are buying on a Oakwood brownfield site. Could the soil be contaminated by industrial waste?


Even where some contamination has occurred in Oakwood, risk levels are usually low. The local authority for Oakwood will be able to provide more detail on cases of contamination.


Do you work with many mortgage lenders with Oakwood offices?


Of lenders with branches in Oakwood, we with many. Local mortgage lenders and brokers include Derbyshire Building Society, Unit 4 The Oakwood District Centre/Danebridge Cr, Oakwood, Derby, DE21 2HT.


When in the conveyancing process is it appropriate to find a solicitor in Oakwood?


Whether buying or selling, the sooner the better, as there are several tasks that can begin straight away. Promptly instructing a solicitor for your Oakwood transaction could mitigate the chance of your sale or purchase falling though.


What will the council tax cost me for a investment Band H flat in Oakwood?


Your respective council tax band should usually be identified in the title report, as well as by the governing local authority

The latest council tax rates for residents of Oakwood are listed online at the High Peak council site. At the time of authoring on 17 December 2012 band rates are:

  • Band A - £1,000.00
  • Band B - £1,167.00
  • Band C - £1,333.00
  • Band D - £1,500.00
  • Band E - £1,833.00
  • Band F - £2,167.00
  • Band G - £2,500.00
  • Band H - £3,000.00