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Transfer of Equity in Coventry

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 Coventry

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

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 28/11/16

Useful nearby public service details -

As determined by the UK 2011 census, Coventry has a residential population 821,807 spread over an area of 184,366 hectares meaning a population density of 4.5 people per hectare.

Coventry's closest station is Coventry at 1 mile and Coventry's closest airport is Coventry Airport (3 miles). Birmingham Airport is 10 miles and away.

Q.

Coventry points of interest

A.

Coventry Herbert Art Gallery and Midland Air museum Aviation Museum are situated in Coventry.

The closest hospital to Coventry is Coventry & Warwickshire.

Q.

How do we find the best conveyancing rates in Coventry for a £488k house?

A.

Misleading conveyancing quotes catch out many property buyers and sellers, leaving them to pay sometimes £100s more than planned, and many solicitors advertise cheap conveyancing quotes. Unfortunately extra costs are often hiding in the solicitor's terms of engagement, left unregarded by busy property buyers and sellers Any extra costs ought to be fair and be applied only where your lawyer must complete work beyond standard conveyancing , which could not be anticipated at the start of the process.

Q.

How early do you need to arrange a solicitor?

A.

Simply, as soon as possible. Early instruction of a solicitor to act on your Coventry sale or purchase can limit the risk of the purchase or sale stalling.

Q.

Which local authority is responsible for Coventry?

A.

Coventry is located in Coventry City Council, Council House, Earl Street, Coventry CV1 5RR phone: 02476 833 333

Q.

How will a conveyancing solicitor in Coventry investigate the potential risk of a flood in the Coventry area on an investment property I am intending to purchase?

A.

An experienced residential property lawyer applies for environmental searches that incorporate Coventry area flood risk information.

Q.

How many weeks will it take my property solicitor to get through all of the legal formalities on a flat in a Victorian building we want to buy?

A.

Completion can take anywhere from around a month to 12 weeks, which can be affected by various things e.g. the speed of the vendors lawyer, or the time taken getting replies to enquiries.

Q.

We are planning to purchase a home in St. Michael's. Does the residence receive disadvantaged area relief?

A.

Disadvantaged areas in Coventry are identified by ward. Areas in Coventry currently include Longford, Foleshill, Holbrook, Radford, Henley, Binley and Willenhall, St. Michael's and Upper Stoke. Update: As of the 2013/14 tax year, stamp duty relief for disadvantaged areas is no longer available.

Q.

I have read about the major flooding last year in the Midlands I am asking whether flood risk searches might not be sufficient?

A.

A thorough solicitor in Coventry will suggest that you get additional property conveyancing searches if the environmental searches identifies a significant risk of flooding in Coventry

You can always contact a next door neighbour to gain extra peace of mind or nearby Warwickshire flood repair builder - like R & N Builders Ltd, 167 Brownshill Green Rd, Coventry, CV6 2AR Tel: 024 76335929.

Q.

What can the charge for my conveyancing searches come to?

A.

With Homeward Legal, clients buying in Coventry required to pay at most £249 for conveyancing searches. A conveyancing solicitor will order a bundle generally including a mining search and a drainage search.

 
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