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Transfer of Equity in Dorridge

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.

Get an instant quote for a transfer of equity in Dorridge.

Remortgage Solicitors Dorridge

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

Profile photo of Clarisa McMahon

By

Ask Clarisa a question hl@syntarsus.co.uk

Updated: 13/01/17

Relevant nearby public transport and services details:

Birmingham Airport is 6 miles from Dorridge. Coventry Airport is 13 miles and Wolverhampton Business Airport Airport is 24 miles away. The nearest station to Dorridge is Dorridge, around 1 mile away.

Commuters are well served with Dorridge being well placed with very convenient road access of the M42 Junction 4 Westbound.

Solihull is the most convenient hospital for Dorridge.

Q.

I need to find a cheap Dorridge solicitor to own a house. What do I need to check for?

A.

Confusion over this topic affects many buyers who opted for a very cheap quote, only to be stung later in the conveyancing process, and many firms promote supposedly 'the cheapest conveyancing quotes'. Often extra charges are often hiding in the small print. Excited buyers, eager to get underway, often ignore this small print when they instruct. A conveyancing quote must also state any disbursements.Our online calculator will create an accurate quote for your buy.

Q.

Will the solicitor in Dorridge apply for official or personal searches on my home purchase?

A.

The conveyancing solicitor will inform you regarding the best route, depending on issues like lender requirements. If personal searches are used, your conveyancer will try to find a search agent for example Move Reports UK Limited, Central Boulevard, Blythe Valley Business Park, Shirley, Solihull, B90 8AG Tel: 0845 094 5733 Fax: 0845 094 5739

Q.

What factors are key to get a fast conveyancing process?

A.

Crucial to a fast transaction is to instruct a communicative conveyancing solicitor. Consider the following when selecting:

  • Did you experience any delays when requesting a quote?
  • Which communication methods do they use? Days can be wasted waiting for letters in the post which could be emailed or faxed.
  • Will they order searches immediately?
  • Q.

    The current owner looks to have installed unfitting windows on the maisonette which I think might exclude the Bilton conservation area guidelines.

    A.

    A lawyer will check whether the property is within a designated conservation area, and if so whether any alterations have essential permission.Should no local authority consents can be provided, your conveyancing solicitor will recommend the alternatives such as requesting an indemnity insurance policy or obtaining retrospective permission.

    Q.

    How do we get out of paying for stamp duty in Dorridge?

    A.

    Stamp duty mitigation is not advised when buying in Dorridge, as such schemes are often uneconomical and the HMRC can review a scheme up to 6 years after a sale is completed . There have been several legitimate initiatives, however, such as relief for buyers in 'disadvantaged areas'. You will be able to confirm your eligibility for any such active initiatives with your solicitor..

    Q.

    What causes conveyancing for a Dorridge property sale to take weeks to complete?

    A.

    The legal work required to buy or sell a property could take more time even where there is no chain. Sometimes, the delays are out of the solicitors' control, Homeward Legal, however, seek to diminish the burden of these delays whenever it is possible by pushing all parties involved. Reasons for delay may include a slow firm acting for the lender.

    Q.

    For our mortgage lender, we have chosen Chelsea Building Society, what do we need to be aware of?

    A.

    Traditionally, almost all solicitors could perform legal work for both buyers and mortgage lenders. Buyers should be aware that some lenders have limited the firms who can act for them. This can mean greater conveyancing costs for buyers. We are able to act for all large lenders so that the buyer will not have to pay an additional fee for your lender's solicitor.

    Q.

    Should we get a chancel search if we plan to buy in the parish of Edingley?

    A.

    Whichever Dorridge parish in which you are purchasing, a lawyer could advise a chancel search. In Dorridge's much older areas, chancel repair may be apportioned on current owners of a property where Parochial Church Councils have previously chosen not to do so.

     
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