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Transfer of Equity in Aintree

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 Aintree

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

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 13/01/17

Thinking of moving to the area? Helpful regional transport and services facts and figures ;

Aintree's closest airport is Liverpool John Lennon Airport (10 miles). Blackpool International Airport is 22 miles, Howarden Airport is 22 miles and Eccles Airport is 23 miles away and Aintree's nearest station is Fazakerley at 1 mile s.

Commuters are well served with Aintree being well placed with very convenient road access very close at roughly 1m of the M57 Junction 7 Southbound.

Fazakerley Liverpool is the nearest hospital to Aintree.

Q.

Can you confirm your cheapest fee for a £641,000 home? I need an affordable conveyancing estimate.

A.

The confusion over what is, and is not, included in a 'cheap' quote leaves many buyers paying out more than they anticipated in the end. Many property lawyers purport to offer supposedly cheap conveyancing quotes, but additional fees are frequently hidden in the solicitor's terms of engagement. This small print is often not read by buyers in a hurry. Fees should be clearly defined.

Q.

Does your firm specialise the legal conveyancing of property auction properties in Aintree?

A.

Our company is very capable working with buyers and sellers at auction. It is not uncommon for more complicated to convey properties are listed in property auctions which tend to necessitate extra fact-finding prior to exchange. We therefore strongly recommend that buyers formally instruct the lawyer in advance of the property auction for a full review of the sellers pack. Post property auction date your lawyer is totally able to concentrate on quickly finishing the legal work inside a as tight time frame as conventionally required .

Q.

Is gazumping common practice in Aintree?

A.

This happens when a home owner accepts the 1st buyer's offer, only to reject it, opting for a better offer. This may happen weeks into a transaction. Though being gazumped is uncommon when property prices are falling, there is still a risk. Instructing a solicitor early, and even before acceptance of an offer to handle your transaction should help to reduce the likelihood of gazumping.

Q.

How might sale conveyancing need such a long time?

A.

Conveyancing will sometimes be exposed to significant delays. Homeward Legal strive to reduce their effect whenever feasible.

Q.

Flood risk searches may be conveyancing protocol but with current events e g the serious flooding in Sept 2012 in North West England are they actually good enough to ascertain sufficient information about the risk of flooding in Aintree?

A.

Environmental searches handled by a Aintree conveyancing solicitor should also include the far more thorough search (Landmark) if required.

If you are still apprehensive you could try to contact a local resident.

Q.

Aintree conveyancing solicitors conduct standard property conveyancing searches if acting for a purchase client, but which actual ones?

A.

When getting a mortgage the mortgage lender will expect a solicitor to get at least these searches - Local Authority Search, Drainage and Water Search (CON29DW or personal) and Environmental, and possibly unique particular e.g. a Commons Registration Search.

Q.

We need to complete this purchase as soon as possible, how can we organise fast legal work in Aintree?

A.

Contacting a proactive, diligent solicitor is essential to a fast conveyancing transaction. There are a number of tasks you, as the buyer, can also do. These include:

  • calling or emailing the solicitor, and chase them if you suspect any delays
  • answering any queries raised by the solicitor as soon as possible
  • clarifying your mortgage lender's requirements

Q.

When do you need to speak to a solicitor to act for us?

A.

The straightforward answer is, instructing as soon as possible is wise, as there are several tasks that can be performed straight away. Promptly instructing a solicitor for your Aintree transaction for a sale enables documents can be prepared earlier, considerably accelerating the whole process, whereas if you are buying you will the details of your Aintree solicitor ready when you make an offer.

 
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