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Transfer of Equity in 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 Durham

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

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 27/11/16

Relevant Durham transport and services details:

As calculated by the 2011 census, Durham has a residential population 309,211 spread over an area of 71,656 hectares (177,065 acres) meaning a density of population of 4.3 people per hectare (1.7 per acre).

Drivers are well served with Durham having very good road access inside three miles of Junction 62 Southbound of the A1M.

Newcastle Airport is 19 miles from Durham. Darlington Airport is 20 miles away. Durham's nearest train station is Durham, Southbound.

The closest hospital is County Durham.

Q.

I am looking for a cheap solicitor to own property. How do we get a quote?

A.

This point affects many buyers and sellers who opted for a very cheap quote, only to be stung later in the conveyancing process. Many solicitors purport to offer so-called cheap conveyancing, but extra costs will be included in the terms that unknowing buyers and sellers have not reviewed The disbursements to be paid should be included on a quote

Q.

I want to exchange on the legal work on a maisonette in under 30 days, are you very fast Durham solicitors ?

A.

Our property lawyers have a thoroughly efficient method to completing the conveyancing work to suit a clients time frame.

Our solicitors approach is to employ new HMRC and Land Registry integrated systems . We always look after you with you carefully selected property lawyer trained to communicate by phone and email with the total property chain (line of buyers and sellers) such as managing agents, to fulfil a fast completion.

Q.

Is homewardlegal.co.uk experienced enough to 28 day completions on the conveyancing for auction properties in Durham?

A.

Our recommended conveyancing solicitors frequently handle the legal work for auction buyers and sellers. Our specialist property solicitors have acted for numerous buyers at local residential

property auctions such as Acuitus, Allsop (Commercial), Allsop (Residential), Auction House London, Award Property, Barnett Ross, Baxtons, Brendons Auctioneers, Countrywide Property Auctions and Drivers Norris.

Canny buyers will pick a conveyancing firm as rapidly as possible to allow for a thorough review of the legal documents well before the auction day arrives. Subsequently, following the day of bidding your Homeward Legal lawyer is wholly geared up to finishing the conveyancing inside the usual 28 days as typically required .

Q.

At what stage should we reserve a house removal firm?

A.

The most sensible course of action is for buyers to avoid booking the removals until such time as all parties have fixed your move date that happens once final contracts are signed. Often removals companies add an additional a rearrangement amount . Try Wright Euromove, 38 Lund Av, Durham, DH1 5BJ Phone: 0191 386 5747 or Nelsons Of Durham, The Bungalow/Half Way Houses, Hartside, Durham, DH1 5RF Tel: 0191 386 7332.

Q.

My mortgage lender is Monmouthshire Building Society - is there anything we need to check?

A.

Purchasers should be aware that some lenders are now limiting the firms who can act for them, resulting in increased conveyancing costs for buyers if the lender insists upon their own solicitor . Homeward Legal can act for most mortgage lenders, ensuring that an additional solicitor will not be required to act for your lender.

Q.

Has topsoil in Durham been contaminated by mercury?

A.

There are regulations in place in order to manage topsoil contamination. The local authority for Durham will be able to provide more detail on cases of contamination.

Q.

Are there any designated conservation areas in Durham?

A.

Conservation areas preserve areas of historical or architectural value. Your property solicitor will provide more details, in regard to relevant conservation area restrictions in Durham.

Q.

Which specific search enquiries does a Durham conveyancer do when carrying out the conveyancing for a Durham flat?

A.

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

 
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