By Ellie Pierpoint
15th November 2016
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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If you are buying, selling or remortgaging in Lancashire, you will need to instruct a lawyer to take care of legal work for you.
Our conveyancing team have many years experience helping home buyers and sellers in Lancashire and throughout North West England and our highly proactive approach means we complete the transaction in the shortest possible time.
Our conveyancing solicitors handle all the legal work for your move for a fixed fee.
If for any reason your Lancashire house move does not complete we do not charge you any property legal fees.
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Lancashire's closest train station is Lancaster at 9 miles. The nearest airport to Lancashire is Blackpool International Airport (21 miles).
Lancaster, Ridge Lea is a nearby hospital.Q.
Various firms claim to offer theoretically cheap conveyancing, however additional charges are often hiding in the solicitor's terms of engagement which buyers and sellers may have not read carefully A conveyancing quote should also state any disbursements. Charges ought to be reasonable and clear and only come into force where the solicitor must complete unanticipated additional work , which could not be anticipated at the start of the process. The online quote calculator can generate an accurate statement of the legal fees for the property you plan to buy.Q.
Your conveyancing lawyer may suggest a chancel search, regardless of the parish in which the building being purchased is found. Although some church councils have opted to charge chancel repairs on the current owners of land subject to chancel liability, there is no guarantee that a parish where repair costs have not been paid before will continue to be free from liability, so it can be difficult to use this as a guide.Q.
Parts of Lancashire considered be of 'special architectural and historic interest', like 18th century suburbs, may be designated as conservation areas. Ruff Lane, Scarisbrick Park and Leyland Cross are among the conservation areas in Lancashire. Your property solicitor will be able to offer more information and address the impact buying in a conservation area may have.
It is heavily suggested that the majority of purchasers in Lancashire arrange a property survey when buying in Lancashire. There are a wide range of issues which can affect a property, which a conveyancing solicitor will not report on. These include roof spread and unsafe chimney circulation.Q.
Lancashire agriculture or industry can cause soil contamination. Environment search results will factor contaminants, including metals and others such as insecticides and groundwater contamination.Q.
With a 'no move, no fee' guarantee, the sooner the better. Instructing a conveyancing firm early for a purchase allows you will the details of your Lancashire solicitor ready when you make an offer, or, if you are selling a property, prior to marketing the property, documents can be prepared to make it potentially more attractive to motivated buyers.Q.
A necessary component in the conveyancing protocol involves your lawyer applying for environmental searches that set out information on the subject of Lancashire flood risk area. In certain cases the Lancashire conveyancing solicitor may possibly advocate a significantly more in-depth flood search.Q.
Where land in Lancashire was once owned by a lay-rector, new owners of that property may be obliged to pay for repairs to churches. Parochial Church Councils in Lancashire must register their interest over property by October 2013, simplifying the chancel search process. Your solicitor can provide more details.