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Transfer of Equity in Coalville

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 Coalville

Homeward Legal's panel of solicitors carry out remortgage conveyancing for Coalville clients every week.

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Conveyancing in Coalville Q & A's

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 18/01/17

Coalville area info

Thringstone Leics Windmill, Snibston Discovery Park Coalville Educational and Sence Valley Forest Park Ibstock Country Park are near to Coalville.

Coalville's nearest train station is Loughborough. East Midlands Airport is 7 miles from Coalville. Birmingham Airport is 25 miles, Coventry Airport is 25 miles, and Tollerton Airport is 18 miles away.

The closest hospital to Coalville is Coalville Community.

Q.

What will the overall charge be on the sale of a £734,000 house? We are looking for an affordable Coalville conveyancing quote.

A.

This topic catches out many buyers, and can leave them paying far more in conveyancing fees than they budgeted. Many firms promote cheap conveyancing quotes, but extra costs will be included in the terms which buyers may have not read carefully Charges needs to be fair. They only apply in cases where the lawyer must complete unanticipated additional work , which could not be anticipated at the start of the process.

Q.

What factors can impact land in Coalville. Will they be properly investigated?

A.

A wide range of contaminants may damage Coalville property. Issues such as other sources of contaminated land should be considered as part of the appropriate search. Contamination in Coalville can be caused by local waste sites, such as Heather Brickworks, Mill Lane, Leicestershire, LE67 2RD.

Q.

How look for check whether the Coalville conservation area is in a poor state?

A.

Local conservation areas are set up by North West Leicestershire who govern the state of the area including things like neglected buildings, addition of PVC windows and what can be developed. English Heritage, a government body, have assembled records of the condition of conservation areas.

Q.

My husband and I are purchasing in Coalville, and need to know if there are many conservation areas.

With 9300 such areas in England, the areas located near Coalville include a range of conservation areas. Your lawyer will be able to provide more details and address the impact buying in a conservation area may have.

Q.

Will our property lawyer in Coalville report back to me about the amount of council tax to be paid for a Band G house prior to exchanging contracts?

A.

Your homes council tax band will usually be given within the conveyancing report on title along with the local authority. The correct rates for residents of Coalville are set out in detail online at the North West Leicestershire local authority site. At the time of writing, 27 July 2012, rates are:

  • Band A - £1,007.00
  • Band B - £1,175.00
  • Band C - £1,343.00
  • Band D - £1,510.00
  • Band E - £1,846.00
  • Band F - £2,182.00
  • Band G - £2,517.00
  • Band H - £3,021.00

Q.

Conveyancing and environmental searches may be standard procedure but with recent flooding such as the serious flooding in Sept 2012 in the East Midlands are they still appropriate to ascertain enough about the Coalville future flood risk?

A.

A thorough Coalville lawyer should always carry out rigorous conveyancing and environmental searches if the standard search identifies a Coalville flood risk area

It may be sensible to get in touch with a next door neighbour for that further confidence.

Q.

Will you need a chancel search? We are buying on the same street as priory grounds in Coalville.

A.

Property owners proximate to nearby church land may be required to subsidise repairs. This is referred to as chancel repair liability. A chancel search is used to confirm whether such a liability exists. A solicitor will be able to advise as to whether a chancel search is necessary, and recommend suitable insurance. Churches in the local area where a chancel search may be necessary include Christ Church.

Q.

We are buying on a Coalville ex-industrial use land. What should we do regarding lithium topsoil contamination?

A.

There are legislative rules in place to stop future topsoil contamination. Various bodies hold data on land contaminants affecting Coalville, including local authorities.

 
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