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Transfer of Equity in Ely

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 Ely

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

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 03/12/16

Helpful local Ely services details:

The closest airport to Ely is Cambridge City Airport (14 miles). and Ely station is almost a mile from Ely.

Princess Of Wales Ely is the most convenient hospital to Ely.

Q.

We are looking for a cheap solicitor quote to buy a flat. as we are on a budget.

A.

Many property lawyers advertise theoretically 'the cheapest conveyancing quotes'. However extra costs may pad your final bill. Extra charges ought to be fair. A quote for conveyancing in Ely ought to list applicable disbursements.

Q.

Is your solicitor team set up to very fast completions on the conveyancing of residential property auction properties in Ely?

A.

We work closely with auctioneers and do frequently do the legal conveyancing buyers at auction. It is crucial buyers at auction to formally appoint the lawyer as ahead of time as they can to allow sufficient time for a detailed investigation of the lot prior to the auction.

Post auction day your chosen lawyer will be ready for finishing the transaction within as short a time frame as usually required .

Q.

What does 'fixtures and fittings' include?

A.

Mainly, fixtures are fixed to walls and other surfaces and fixtures are free-standing items, such as free-standing kitchen appliances. Completion or agreement of a fixtures and fittings form is unfortunately often left to the last minute, when a dispute may jeopordise the transaction.

Q.

In about five weeks we are likely to move from our detached building near Ely into a new property in Cambridge . When to choose a removals firm?

Homeward Legal will encourage buyers delay organising removals until exchange of contracts has occurred as in all probability the firm date wont have been confirmed. Some house removals firms will levy a rearrangement amount . For a local Cambridgeshire company Grey & Co, 7 Dalton Way, Ely, CB6 1DS Phone: 01353 662092 or Ely's Removal Service, 125 West Fen Rd, Ely, CB6 3AE Tel: 01353 663987.

Q.

Apparently, mercury (Hg) soil contamination may be an issue in Ely. Can you advise?

A.

The risks posed by topsoil contamination to Ely inhabitants are usually low. Land may also be contaminated by other sources, including groundwater contaminants like oil.

Q.

How many weeks should I expect it to take our assigned property lawyer to get through all of the conveyancing work for a detached period building we are buying?

A.

The conveyancing process can take anywhere from 3 weeks and 12 weeks, which can depend on any number of factors, for example the speed of the sellers solicitor, or whether your solicitor has to act for your lender.

Q.

How early should you instruct a conveyancing solicitor in Ely?

A.

With a 'no move, no fee' guarantee, instructing as early as possible is better, as the legal work can begin straight away. Instructing a firm early for a sale enables information, especially from slow third-parties, can be requested even prior to accepting an offer, whereas if you are buying your offer may be taken more seriously if you already have a solicitor instructed.

Q.

When buying a converted building in the boundary of conservation areas, how does one locate information in regards to the current state of repair of the area?

A.

Following a campaign, English Heritage have produced a list of the state of repair of conservation areas. Local Ely conservation areas are specified by the local authority (East Cambridgeshire) who maintain things like upkeep of paths to the obstruction of advertising hoardings.

 
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