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Transfer of Equity in Burntwood

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 Burntwood

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

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 05/12/16

Useful local Burntwood public transport and public service details:

Hednesford train station is almost 4 miles from Burntwood. The closest airport to Burntwood is Birmingham Airport (18 miles). Wolverhampton Business Airport Airport is 19 miles away.

Drivers are well served with Burntwood enjoying good major road access of Junction 6 Southbound of the M6T.

St Johns Lichfield is the nearest hospital.

Q.

Please confirm the cheapest fee for a £413k house? We are trying to find a fixed rate conveyancing quote in Burntwood.

A.

This catches out many buyers, and can leave them paying far more in fees than they budgeted. Many conveyancers purport to offer supposedly cheap conveyancing quotes. Unfortunately extra fees will be included in the terms. Applicable disbursements should also be clearly stated on the quote. Our quotes offer a clear statement of your solicitors fees for a standard purchase or sale.

Q.

What environmental concerns can contaminate land in Burntwood, and are they checked for comprehensively?

A.

Residential property may have been contaminated by a broad range of human activities, and an environmental search will confirm that a plot of land could be affected by contaminants including nearby waste management facilities or petroleum and fuel sites.

Q.

Do you recommend that we get searches for chancel liability? We are purchasing a home near a church constructed in the 16th Century in Burntwood.

A.

In Burntwood, where land was once owned by a lay rectors, new owners of that property may be obliged to contribute towards the cost of upkeep of specific local church buildings. As a consequence of a recent Act, interest over any affected land must be registered by October 2013. This will make it easier to identify affected property through a chancel search. The solicitor performing your conveyancing will confirm that a chancel search is appropriate. Churches in Burntwood include Chasetown St. Anne's, Christ Church, St John's Churchrooms and St John's Community Church, Chase Terrace.

Q.

I am on a deadline and need get fast conveyancing, how can we speed things up?

A.

Key to fast conveyancing is to use a proactive and experienced solicitor. That said, there are a range of things you as the buyer could do. These include:

  • completing all forms as soon as possible
  • confirming your mortgage offer
  • keeping in regular contact with your solicitor

Q.

In relation to the major flooding in 2012 in the Midlands I am questioning if property environmental searches won't be sufficient?

A.

Flood searches conducted by a Burntwood conveyancer will also include the far more in depth search (Landmark) if it is felt necessary.

Perhaps you could contact a local resident for additional local history.

Q.

My wife and I are intending to buy in Burntwood. Can we check that the property is in a conservation area?

A.

Areas deemed to be of historic or architectural significance, such as mining villages, will be designated as areas of conservation. A conveyancing lawyer will discuss the relevant responsibilities.

Q.

Do your house conveyancing solicitors conduct residential property auction conveyancing in Burntwood?

A.

Our residential property lawyers do frequently carry out work for bidders at auction. Solicitors consistently advocate auction buyers to formally instruct a lawyer in advance of the day of the auction for a full investigation of the documents. Following the date of the auction your experienced lawyer is wholly able to concentrate on concluding the conveyancing inside as short a time frame as conventionally required .

Q.

How early should we speak to a solicitor to handle our purchase?

A.

Whether buying or selling, instructing as soon as possible is wise, as conveyancing involves several tasks that can be performed very early in the process. Promptly instructing a solicitor for a purchase may mean that your offer may be taken more seriously if you already have a solicitor instructed, or, if you are selling a property, prior to marketing the property, documents can be prepared to make it potentially more attractive to motivated buyers.

 
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