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Transfer of Equity in Lancashire

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 Lancashire.

Remortgage Solicitors Lancashire

Homeward Legal's panel of solicitors carry out remortgage conveyancing for Lancashire 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.

Get an online Lancashire solicitor remortgage quote to begin.

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The Conveyancing
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Conveyancing in Lancashire Q & A's

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 13/01/17

Local area services information and addresses ;

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.

I am looking for the cheapest conveyancing solicitors, we are on a tight budget.

A.

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.

I have read about the major flooding in Sept 2012 in North West England I am concerned that flood risk searches might not be sufficient?

A.

Conveyancing searches (environmental) carried out by the Lancashire conveyancer will include the more thorough search (Landmark) if required.

If you are apprehensive you might try to get in touch with a next door neighbour.

Q.

What is gazumping?

A.

This describes circumstances where the first purchaser's offer is, following agreement, later rejected by the house seller, selecting instead a greater offer. The risk of getting gazumped is present in any transaction. The first step in reducing the chance that gazumping will effect you is to instruct a property solicitor early.

Q.

Why could conveyancing for a sale be so delayed? We had a rather slow firm the last time we moved.

A.

The legal work needed to sell or purchase property can potentially be delayed even in the best of circumstances. Some causes are unhappily out of a lawyer's hands. Homeward Legal know how much extra stress these can cause and endeavour to minimise their effect by proactively handling all enquiries. Delays may include waiting for a mortgage offer.

Q.

Is it recommended that we get a chancel search? I am purchasing on the same street as a church built in the 1600s in Lancashire.

A.

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.

Q.

Do Homeward Legal do the legal conveyancing of residential property auction properties in Lancashire?

A.

Our property lawyers do frequently act for bidders at auction. Our panel of solicitors and conveyancers have in the past acted for many successful bidders at local Lancashire residential property auctions including Acuitus, Allsop (Commercial), Allsop (Residential), Auction House London, Award Property, Barnett Ross, Baxtons, Brendons Auctioneers, Countrywide Property Auctions and Drivers Norris.

Wise purchasers know to decide on a lawyer as rapidly as they can to give enough time for a full review of the legal pack before the property auction.

Thereafter, following the auction day arrives your selected lawyer is utterly focused on concluding the legal side of things within a month as typically required .

Q.

For a property valued at £91000, what will be worked out for stamp duty?

A.

The Stamp Duty rate you must pay will depend on the home's value. On a £91000 property, stamp duty will be £0.*

*Correct as of March 2013

Q.

What can my conveyancing searches be?

A.

With Homeward Legal's conveyancing service, clients buying a property required to pay at a maximum £249 for the standard search bundle. Searches are paid out to a 3rd party.

 
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