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Transfer of Equity in Herefordshire

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 Herefordshire

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

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 13/01/17

Commuting from the area? ;

Herefordshire's nearest airport is Birmingham Airport (14 miles). Wolverhampton Business Airport Airport is 16 miles away and Herefordshire's nearest station is Blake Street at 3 miles.

Little Aston, Little Aston Hall Dr is a nearby hospital to Herefordshire.

Q.

How do we get a cheap solicitor to own a residence?

A.

Several solicitors offer cheap conveyancing quotes, but additional charges are frequently hidden in the terms of engagement. This small print is often not read by buyers in a hurry. Extra fees should be reasonable. They only be applied if the lawyer is required to complete extra work for you, which could not be anticipated at the start of the process. A quote should list costs to be paid to third parties, e.g. the Land Registry, (disbursements).

Q.

My lender is Saffron Building Society, is there anything I need to know?

A.

Until recently, most solicitors could act for the majority lenders. Some lenders have opted to reduce the size of their 'solicitor panel'. This can mean increased legal costs for house purchasers. Homeward Legal can act for many lenders in the UK.

Q.

As a consequence of the worrying amount of flooding in the UK in April 2012 we are concerned that flood searches aren't sufficient?

A.

Conveyancing and environmental searches conducted by the Herefordshire solicitor will also include a far more in depth flood search if required.

If you remain still concerned why not visit a local resident.

Q.

The owner has unfortunately added unsuitable satellite dishes on the maisonette in Herefordshire which we think might infringe local conservation area guidelines

A.

Your instructed property lawyer should check if the property is within a conservation area and whether any modifications have required permission from the planning authority.

Q.

I have taken out a quote from you. Could there be any extra costs?

A.

Regrettably, hidden fees are relatively common. We will not charge any extra, hidden charges. Know that some websites offer unrealistically low 'quotes' which are in fact estimates. You may face a much greater total fee when you have completed.

Q.

When is it appropriate to instruct a conveyancing solicitor to handle our sale?

A.

With few exceptions, the faster you instruct the better, as the legal work can start very early in the process. Some advocate holding off instruction until an offer has been firmly agreed, but doing so will put you at a disadvantage compared to better prepared buyers, or if your buyer decides to pull out due to delays.

Q.

Is lithium (Li) contamination often identified in Herefordshire top-soil?

A.

There are considerable regulations to manage soil contamination. Also considering issues such as hazardous gases and groundwater contamination, contaminants affecting Herefordshire property will be factored into an environmental search.

Q.

Should I read about handling the legal work as a buyer and seller of a house , Would it be a false economy to enact the conveyancing myself??

A.

Should you want to attempt to do this you can conduct greater part of the your own conveyancing without the services of an experienced property solicitor in Herefordshire.

Needless to say solicitors firms would argue that DIY conveyancing would be a very risky approach as DIY lawyers will not be covered by relevant cover that firms and their solicitors are under a duty to have.

 
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