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Transfer of Equity in Handsworth

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 Handsworth

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

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 01/12/16

Commuting from the area? ;

The closest station to Handsworth is The Hawthorns. The closest airport to Handsworth is Birmingham Airport (10 miles). Coventry Airport is 22 miles and Wolverhampton Business Airport Airport is 14 miles away.

Handsworth is about a mile and a half of the M5 Junction 1 Northbound.

City Edgbaston hospital is relatively close to Handsworth.

Q.

How do we get affordable conveyancing in Handsworth?

A.

Many conveyancers purport to offer theoretically cheap conveyancing quotes, however additional fees will be included in the terms and conditions which homeowners may have not read carefully Extra fees needs to be reasonable. They only apply to matters if your lawyer is required to complete unexpected extra work , which could not be anticipated at the start of the process. We offer quotes, not estimates, and clearly state all legal fees you pay for a standard conveyancing transaction.

Q.

Which factors can affect land in Handsworth. Are they an issue?

A.

A broad range of contaminants can lessen the desirability property in Handsworth, like proximity to scrap yards. An environmental search will give more detail.

Q.

Conveyancers in Handsworth order a number of conveyancing searches when instructed to act for a home purchase client - what actual ones?

A.

If buying and taking out a mortgage the mortgage lender insist that a specified set of searches, including the following Local Authority, Drainage and Water Search (CON29DW) and Environment Search as well as any specific searches such as Cheshire Brine Search.

Q.

The home in Handsworth being purchased is on a former industrial site. Could the soil be contaminated by industrial waste like tungsten (W)?

A.

Handsworth and the surrounding region has a legacy of chemical contamination. Land may also be contaminated by other sources, including groundwater contaminants like household chemicals and fertilisers.

Q.

What can we do if purchasing a semi detached house in a Birmingham planning authority designated conservation area ?

A.

An integral part of conveyancing includes the making of enquiries of the local authority to see conservation area status and permission for any developments. In the absence of any the necessary permissions, your solicitor will give you professional advice on the options, which include obtaining retrospective consent from the appropriate local authority or seeking cover from an indemnity policy.

Q.

To complete on our £516,000 home purchase ASAP, how do we ensure fast conveyancing?

A.

It is a truism that faster conveyancing is crucial to is to use a proactive and experienced property lawyer. There are, however, a number of tasks you, as the purchaser, can do to speed up your conveyancing, including, organising your finances, including arranging a mortgage, responding to all correspondence via the fastest means and requesting regular updates from your property lawyer and keep the pressure on.

Q.

I am purchasing a £881000 Handsworth house, what will be calculated for Stamp Duty Land Tax rates?

A.

The rate of stamp duty you must pay will depend on the valuation. On a £881000 house or flat, stamp duty will be £35240.

Q.

What would our conveyancing searches on average cost?

A.

Conveyancing searches ranges in cost, depending on the searches required. The most generally useful searches include a drainage search and a local authority search.

 
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