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Transfer of Equity in Costessey

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 Costessey

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

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 30/11/16

Pertinent regional transport and public service facts ;

Costessey's closest airport is Norwich International Airport (3 miles). Costessey's closest station is Norwich.

Hellesdon Norwich is a nearby hospital to Costessey.

Q.

We are looking for a lawyer that offers cheap conveyancing in Costessey. What do we need to check for?

A.

Many law firms offer 'the cheapest conveyancing quotes', but extra costs may be added into small print. Any additional charges which are listed in terms of engagement should be reasonable and clear. Our online calculator will create an accurate quote for your buy.

Q.

How long should it take for my designated conveyancing solicitor to finish all of the conveyancing work for the lower floor of Edwardian home we hope to buy?

A.

Getting contracts exchanged can take anywhere between one month and 3 months, which can be hampered by any number of factors e.g. the efficiency of the vendor's conveyancing solicitor, or the turnaround of searches.

Q.

Which lenders in Costessey do you work with?

A.

The Homeward Legal partnership work with the majority of lenders financing Costessey homebuyers. Costessey lenders and mortgage specialists include Go Direct (UK) Ltd, 60A West End, Costessey, Norwich, NR8 5AJ.

Q.

Costessey conveyancers order formal property conveyancing searches if instructed by a property purchaser - what particular ones?

When obtaining a mortgage the lender will expect the following Local Authority (personal or official), Drainage Search (Con29DW) and Environmental,, and possibly area-specific searches, like a Company Searches.

Q.

What environmental concerns will impact land in Costessey, and are they checked for thoroughly?

A.

Residential property in Costessey could be contaminated by several natural and human-influenced issues, and factors such as local waste transfer sites or petroleum and fuel sites will be considered as part of the environmental searches.

Q.

Does your solicitors firm get involved in the legal conveyancing of auction properties in Costessey?

A.

Homeward Legal is very competent with bidders at auction. Typically unusual homes e. g. in need of serious reconstruction, are listed at property auctions which tend to demand increased inquiries. We therefore encourage auction buyers to select a qualified conveyancing firm well in advance of the actual auction so there is time for a full review of the legal pack. Subsequently, immediately after the auction day your experienced lawyer is utterly prepared for speedily finishing the legal side of things within the limited time frame as usually required by the conditions of sale.

Q.

We are planning to buy a Victorian terraced house, should we have 'conveyancing searches' ordered?

A.

These searches are a standard set of questions carried out on behalf of the party intending to buy the property. They will not be a substitute for a building survey.

Q.

As a consequence of the fact that 2012 was second wettest year since on record we are questioning whether conveyancing searches might not be sufficient?

A.

A good solicitor in Costessey should always get additional flood searches if the first conveyancing searches spots a any kind of risk of flooding in Costessey

You could always speak to a local resident for additional added confidence if you are still worried.

 
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