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Transfer of Equity in Glenfield

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.

Get an instant quote for a transfer of equity in Glenfield.

Remortgage Solicitors Glenfield

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

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 29/11/16

Local Glenfield attractions

Leicester All Saints Churches Conservation Trust and National Space Centre Leicester are in the vicinity of Glenfield.

Glenfield is about a mile off the M1 junction entry 21a Southbound.

Glenfield's closest airport is East Midlands Airport (14 miles). Coventry Airport is 22 miles, and Tollerton Airport is 20 miles away. Glenfield's nearest train station is Leicester at 3 miles.

The closest hospital is Glenfield Leicester.

Q.

We need to find low cost conveyancing in Glenfield. What do we need to consider?

A.

Several solicitors advertise 'the cheapest conveyancing'. Often additional charges are often hiding in the solicitor's terms that unknowing homeowners have not reviewed Any additional costs listed in terms and conditions ought to be fair and only apply to matters if your conveyancer must complete additional work , which could not be anticipated at the start of the process. Our quotes clearly state all legal fees for a standard conveyancing transaction.

Q.

Is gazumping accepted in Glenfield?

A.

Gazumping occurs when an offer is accepted, and then rejected, by the property owner, choosing instead a better offer. Although gazumping is less common in a declining market, there will always be a risk. Instructing a fast, efficient solicitor as soon as possible to handle your transaction should help to reduce the likelihood of gazumping.

Q.

Would ordering a property survey be a good idea when buying any property?

A.

The Royal Institution of Chartered Surveyors firmly suggest that all purchasers book a RICS surveyor to perform a survey if buying in Glenfield. Buyers should be aware that there are a wide range of defects which affect a property, which are not included in your mortgage lender's valuation, which include roof spread.

Q.

Do I need to get searches for chancel liability if we are buying close by rectory grounds in Glenfield?

A.

In Glenfield, where land was once owned by a lay rectors, new owners of that property may be obliged to fund upkeep of an old church building. As a result of the Land Registration Act 2002, interest over any affected land in Glenfield must be registered by October 2013. This will make it easier to identify affected property through a chancel search. Glenfield church lands where chancel liability may apply include St Peter.

Q.

If I am buying in the parish of Blaston, do we need a chancel search?

A.

The conveyancing lawyer might recommend a chancel search, regardless of the parish where the house being bought is located. In Glenfield's much older areas, chancel repair has the potential to be charged on owners of a house where parish councils may have spared previous owners or tenants. For property in the parish of Blaston, it is not safe to rely on the historical behaviour of the parish council alone as a guide.

Q.

What would fees for our searches be?

A.

Searches range in cost, depending on the specific searches which have been ordered. Infrequently ordered additional searches may include a gypsum search.

Q.

What can a Glenfield conveyancing solicitor advise if the flat we are buying is in a Leicester planning authority conservation area that has unseemly dormer windows fitted?

A.

Local authority Requisition for search and Official Certificate of Search conducted by your solicitor will verify if the Glenfield property a conservation area and any evidence of consent for alterations will be supplied.

Q.

We are using a Leicestershire lender, and need to know which Glenfield lenders your solicitors work with. Whose panels are your solicitors on?

A.

The Homeward Legal partnership have solicitors who have experience working with all the major lenders providing financing to Glenfield purchasers. Lenders and mortgage specialists in Glenfield include Mortgages Made Easy, 88 Faire Rd, Glenfield, Leicester, LE3 8ED.

 
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