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Transfer of Equity in Houghton Le Spring

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 Houghton Le Spring.

Remortgage Solicitors Houghton Le Spring

Homeward Legal's panel of solicitors carry out remortgage conveyancing for Houghton Le Spring 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 Houghton Le Spring Q & A's

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By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 09/12/16

Commuting to the Houghton Le Spring area? ;

The closest station to Houghton Le Spring is Chester-Le-Street, around 4 miles away. Houghton Le Spring's nearest airport is Newcastle Airport. Darlington Airport is 23 miles away.

The nearest hospital is Cherry Knowle Sunderland.

Q.

How do I find a cheap solicitor for purchasing a leasehold house?

A.

Several firms promote supposedly cheap conveyancing. Unfortunately extra costs may inflate the solicitor's invoice.

Q.

Of major Houghton Le Spring mortgage lenders, who have joined your panel?

A.

We have worked with the majority of lenders approved by the CML. A number of mortgage specialists operate in Houghton Le Spring, like Cummings John, 63 Newbottle St, Houghton Le Spring, DH4 4AR.

Q.

Kent Reliance will be our mortgage lender - is there anything I need to know?

A.

When organising a mortgage, your lender will require legal work to be carried out on their behalf. Buyers should know that some lenders have reduced the number of firms able to act for them. We, fortunately, are able to act for many CML-approved lenders so that the buyer will not have to pay your lender's legal costs.

Q.

Do we need a chancel search if we plan to purchase in the parish of Houghton le Spring?

Your conveyancer could advise a chancel search. In older areas of Houghton Le Spring, chancel repair may be imposed on the owners of a home where Parochial Church Councils may have spared previous owners or tenants. For property in the parish of Houghton le Spring, it is not safe to rely on the historical behaviour of the parish council alone as a guide.

Q.

Is a survey a good idea when we are buying a property in Houghton Le Spring?

A.

The Royal Institution of Chartered Surveyors recommend that property purchasers order a RICS survey if you are intending to buy in Houghton Le Spring. It is a fact that there are a range of problems that have a negative impact on a property, such as ground movement or cavity wall tie failure, and these will not be addressed by your conveyancing solicitor.

Q.

May the conveyancing cover any supplementary hidden fees?

A.

Homeward Legal's solicitors do not charge any additional charges. Some solicitors only estimate conveyancing costs. You may face a much greater total fee when you have completed.

Q.

Is your solicitor team experienced enough to move quickly on the legal conveyancing of property auction properties in Houghton Le Spring?

A.

We work closely with auctioneers and do frequently take instructions from bidders at auction. It is prudent for bidders to select the conveyancing solicitor as fast as they can so there is time for a title report of the sellers documents prior to the auction day arrives.

Subsequently, following the day of the auction your now prepared property lawyer is able to concentrate on briskly finishing the purchase within the limited time as required by the terms if sale.

Q.

Which local authority is responsible for Houghton Le Spring?

A.

Houghton Le Spring is located in Sunderland City Council, Civic Centre, Burdon Road, Sunderland, SR2 7DN, contact: 01915 205 555

 
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