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Transfer of Equity in County Durham

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 County Durham

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

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 03/12/16

Helpful nearby public service information -

The closest airport to County Durham is Darlington, Durham Tees Valley Airport (20 miles). Newcastle Airport is 25 miles and Darlington Airport is 20 miles away. The nearest station to County Durham is Bishop Auckland, around 6 miles away.

Bishop Auckland General is the most convenient hospital to County Durham.

Q.

We need to find a cheap solicitor to sell a home. as we are on a budget.

A.

This issue catches out many home owners, and can leave them paying far more in fees than they budgeted. Many solicitors offer 'the cheapest conveyancing quotes'. Often extra fees are frequently hidden in the terms. Busy, stressed home owners ignore these terms at their peril. Get a quote using the Homeward Legal quote calculator for the property you are selling.

Q.

Which County Durham mortgage lenders do you work with?

A.

The Homeward Legal partnership have solicitors who have experience working with the majority of lenders assisting County Durham purchasers. County Durham lenders and mortgage specialists include Mortgage Advice Centre, 2 Benton Rd, Newcastle Upon Tyne, NE7 7DR, Acorn Mortgage Services Ltd, 2 Buddle St, Wallsend, NE28 6EH, and Original Mortgage Co Ltd, Po Box 340, Hartlepool, TS24 4DU.

Q.

How does the lawyer in County Durham investigate the potential risk of possible flooding in County Durham?

A.

A vital part of the conveyancing protocol involves the conveyancing lawyer making an application for environmental searches that go in certain details with respect to County Durham flood risk area.

Q.

Apparently, manganese (Mn) soil contamination may be an issue in County Durham. Can you advise?

A.

With this region's industrial history in parts of County Durham, soil contamination is unavoidable. Data on many contaminants, such as disinfection by-products and groundwater contamination, will be included in an environmental search.

Q.

Are any of the protected County Durham conservation areas are in a deteriorating state?

A.

A recent estimation of the state of repair of conservation areas is surveyed by English Heritage. This details are currently accessible at their website:

Annfield Plain marked as very bad with medium vulnerability and deteriorating condition, Bowburn marked as very bad with low vulnerability and deteriorating condition, Kirk Merrington marked as at risk with unknown vulnerability and deteriorating condition, Mordon marked as at risk with unknown vulnerability and deteriorating condition, Windlestone Park marked as very bad with high vulnerability and improving.

Q.

Which individual search enquiries should my solicitor in County Durham get on a County Durham property?

A.

The conventional procedure is to obtain Local Authority (personal or official), Drainage and Water Search (CON29DW) and Environment Search and occasionally area-specific searches, which may include a Chancel.

Q.

How is County Durham contaminated land identified?

A.

Land will be contaminated by several environmental factors, and an environmental search should reveal whether a house is impacted by contaminants in the area including petroleum and fuel sites.

Q.

Flood searches are standard procedure for home buyers but considering recent flooding such as the extensive flooding in Sept 2012 in North East England are they comfort enough to ascertain sufficient information about the County Durham risk of flooding?

A.

Flood searches applied for by your County Durham conveyancer should include a far more informative Landmark flood search if required.

If you remain still anxious you can approach a next door neighbour.

 
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