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Transfer of Equity in East of England

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 East of England

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

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 12/01/17

Handy local transport and services details:

East of England is close at inside a miles of junction entry 18 Northbound of the M1.

East of England's nearest station is Rugby. East of England's nearest airport is Coventry Airport. Birmingham Airport is 25 miles, and Turweston Aerodrome Airport is 23 miles away.

Hospital Of St Cross Rugby is a nearby hospital for East of England.

Q.

We are trying to find a cheap East of England solicitor to own property. How do I get a quote?

A.

Many firms claim to offer supposedly cheap conveyancing quotes, but extra charges may be added into the terms. Applicable disbursements must also be stated on a quote. We provide quotes, not estimates, and clearly state the fees for a standard conveyancing.

Q.

The East of England home being purchased is on a brownfield site. Could the soil be contaminated by industrial waste like beryllium?

A.

Restrictions exist to control topsoil contamination, but some will remain in the environment for decades. Also considering issues such as groundwater contamination, contaminants affecting East of England property will be factored into an environmental search.

Q.

Do you have low cost solicitors that deal with auction conveyancing in East of England?

A.

Our company is highly experienced with buyers at auction. Usually hard to value buildings are included at property auctions which tend to necessitate increased investigation. We therefore advise auction buyers to choose a qualified lawyer before the day of the auction to allow enough time for a full report.

Thereafter, following the auction day itself your now prepared property conveyancing lawyer is totally focused on completing the legal work inside the limited time as required by the terms of sale.

Q.

Will our East of England lawyer tell me about the amount of council tax to be paid for a Band A property prior to exchanging contracts?

A.

Your property's relevant council tax band will almost always be highlighted in the conveyancer's title report, as well as by the local council

The latest tax rates for East of England are listed at the Forest Heath council site. At the time of writing, 29 September 2012, rates are as follows:

  • Band A - £1,007.00
  • Band B - £1,175.00
  • Band C - £1,343.00
  • Band D - £1,510.00
  • Band E - £1,846.00
  • Band F - £2,182.00
  • Band G - £2,517.00
  • Band H - £3,021.00

Q.

I really need to complete on the legal work on a home within 28 days - are you fast property lawyers in East of England ?

A.

Our expert panel of solicitors take a thoroughly active approach when carrying out the transfer of title for clients to meet the sellers requirements. Homeward Legals approach to conveyancing is different - we use cutting edge integrated systems . Crucially , we assign a CQS solicitor trained to communicate through every part of the buyer and seller chain .

Q.

Is a bankruptcy search a fee or disbursement?

A.

Each fee and disbursement ought to be clearly identified on a quote, with no additional charges in the small print. This charge is a disbursement not a fee, and is passed on to the buyer at cost.

Q.

I am buying in East of England. Do we need searches?

A.

Searches are a typical collection of enquiries ordered by the buyer's conveyancing solicitor through local and national agencies, and consider the legal aspects of the purchase.

Q.

Having heard about the fact that 2012 was second wettest year since 1920 I am wondering whether flood risk searches may not be thorough enough?

A.

Environmental searches handled by your East of England property lawyer will include the more detailed Landmark flood search if the risk is deemed significant.

If you are still concerned you could contact a local resident.

 
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