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Transfer of Equity in Dudley

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 Dudley

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

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 19/01/17

Helpful Dudley travel and public service information

As calculated by the UK census Dudley has a residential population of 410,598 spread over an area of 147,390 acres (59,647 hectares) which equals a density of residential population of 2.8 people per acre or 6.9 per hectare.

Dudley is nearby at under three miles of junction entry 2 Northbound of the M5.

The closest station to Dudley is Tipton. The nearest airport to Dudley is Wolverhampton Business Airport Airport. Birmingham Airport is 16 miles and away.

Guest Dudley is a relatively close hospital.

Q.

I need to find a solicitor that offers cheap conveyancing in Dudley. What should we check?

A.

The confusion over this issue catches out many home owners, and can leave them paying far more in conveyancing fees than they budgeted, and many firms promote supposedly 'the cheapest conveyancing quotes'. Often additional fees are frequently hidden in the terms and conditions. Third party costs, termed disbursements, to be paid ought to be defined on your conveyancing quote

Q.

Is contaminated land a concern for most homes in Dudley?

A.

Residential property can be contaminated by a range of environmental concerns. Contaminants such as coal mining will be reported on in environmental search results. Contamination can be caused by local landfill sites, including Castlegate Landfill Site, Tipton Road, West Midlands, DY1 4RZ.

Q.

We are buying in Dudley on a newly development brownfield site. Is the soil potentially contaminated by waste minerals like lead (Pb)?

Given the region's industrial and agricultural history in parts of Dudley, soil contamination is unavoidable. Land may also be contaminated by other sources, including groundwater contamination.

Q.

Is a property in Priory eligible for disadvantaged area relief?

A.

Dudley stamp duty relief for disadvantaged areas expires in April 2013. Disadvantaged areas in Dudley include Brierley Hill, Castle and Priory, St. Thomas's, Brockmoor & Pensett, Lye and Wollescote and Netherton and Woodside. Update: As of the 2013/14 tax year, stamp duty relief for disadvantaged areas is no longer available.

Q.

We are buying a property where the seller appears to have fitted ugly dormer windows to the property which might possibly break Cuckoo Estate conservation area guidelines.

A.

Your instructed lawyer should see if your new home is affected by a conservation area, and if so whether any modifications have the necessary consents from the Sandwell council.

Q.

I am interested in purchasing in Dudley. How do I establish whether the residence is in a designated conservation area?

A.

Conservation areas distinguish local areas of architectural or historic interest. Wordsley Church, Stourbridge Branch Canal (Canal Street) and Wollaston are among the conservation areas in Dudley. The advantages of these restrictions include confidence that property will retain its value, but they can result in the buyer inheriting liability of unauthorised changes. Your lawyer will be able to advise further.

Q.

What does 'fixtures and fittings' include?

A.

Generally speaking, there is not a clear definition of 'fixtures and fittings'. The need to clarify this is often overlooked, which makes a fixtures and fittings form so useful.

Q.

Is gazumping accepted in Dudley?

A.

The practice of rejecting the first offer post-acceptance after a second buyer has made a better offer is called gazumping. The danger of getting gazumped exists for almost any purchase. You should instruct a law firm as early as possible to reduce the chance of your transaction being gazumped.

 
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