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Transfer of Equity in Edgbaston

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 Edgbaston

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

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 05/12/16

Pertinent local public transport and services facts and figures -

Edgbaston's nearest airport is Birmingham Airport (8 miles). Coventry Airport is 20 miles and Wolverhampton Business Airport Airport is 16 miles away and the nearest train station to Edgbaston is Five Ways.

Priory Birmingham is a nearby hospital to Edgbaston.

Q.

How do we get the best rates for conveyancing for a £325,000 house?

A.

Numerous solicitors claim to offer supposedly 'the cheapest conveyancing quotes', but extra fees are often hiding in the terms of engagement. Fees listed in terms and conditions needs to be reasonable and clear and come into force only if your solicitor is required to perform tasks outside a normal transaction in your interest, which could not be anticipated at the start of the process. Our quotes clearly state all legal fees for a standard conveyancing transaction.

Q.

In what ways can my Edgbaston conveyancing solicitor report on the risk of flooding in the Edgbaston area?

A.

An important step in the legal process of buying a property involves the conveyancer making an application for environmental searches that set out details about the potential the local Edgbaston flood risk.

Q.

How many lenders in Edgbaston do you work with?

Most lenders in Edgbaston are on our solicitors' panels. Local mortgage lenders and brokers include RA Financial Services, 214 Hagley Rd, Birmingham, B16 9PH, Goldthorn, 339A Rookery Rd, Handsworth, Birmingham, B21 9PR, and Mortgagesfullstop, 53 Vyse St, Hockley, Birmingham, B18 6HR.

Q.

Which local authority is responsible for Edgbaston?

A.

Edgbaston is located in Birmingham City Council, Council House, Victoria Square, Birmingham, B1 1BB, Tel: 0121 303 1111

Q.

What would the charges for our searches total?

A.

Searches in Edgbaston ranges in cost. These searches are paid out to a 3rd party.

Q.

What environmental concerns can affect land in Edgbaston?

A.

A wide range of contaminants caused by environmental factors can harm the resale value of property in Edgbaston, like nearby electrical substations or sand or gravel pits. An environmental search will offer more detail. Strensham W T W, Mill Lane, Worcestershire, B15 3AY, for example, may be a source of local contamination.

Q.

The owner looks to have fitted unfitting stone cladding on the home which I think may break the Lee Crescent conservation area rules.

A.

The solicitor will carry out searches to check if the property is within a designated conservation area, and if so whether any modifications have appropriate permission from the Birmingham planning authority.

Q.

Should I instruct the conveyancing referred by the estate agent in Colwyn Bay?

A.

If you instruct a firm referred this way, you your agent may be able to use their influence to encourage a solicitor to wrap up the process as soon as possible, however, these referrals need to be weighed up against alternatives, as an agent may choose the firm which pays to the largest referral fee, not the best value for you.

 
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