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Transfer of Equity in Lowestoft

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 Lowestoft

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

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 13/01/17

Local area transport information and addresses ;

The nearest train station to Lowestoft is Lowestoft. The nearest airport to Lowestoft is Norwich International Airport (24 miles).

Lowestoft & North Suffolk is a relatively close hospital.

Q.

How do I get affordable conveyancing?

A.

Several conveyancers purport to offer theoretically 'the cheapest conveyancing quotes', however additional charges may inflate the solicitor's invoice. Any additional fees found in terms of engagement should be fair. They only come into force where the conveyancer is required to perform tasks outside a normal transaction , which could not be anticipated at the start of the process. Our quotes are not estimates, stating all the solicitors fees you will pay for a standard sale or purchase.

Q.

What length of time will conveyancing to transact a home take? I am purchasing an apartment in Lowestoft.

A.

The length of time taken to transact a home varies, based on a number of issues which may affect the property including if there is a mortgage. With Homeward Legal's Lowestoft property experts, your move is handled as fast as possible, without compromising on service.

Q.

In Lowestoft, is soil remediation of contaminated land an option?

A.

Remediation may be possible, though expensive. A Lowestoft specialist like Rubbish Clearance, The Homestead, Carlton Colville, Lowestoft, NR33 8GP may be able to provide further information.

Q.

What is gazumping?

A.

Gazumping arises when a seller acknowledges one purchaser's offer and then dismisses it in favour of a second buyer's offer. The chance of gazumping exists for almost any purchase. You should instruct your property solicitor early to reduce the chance of gazumping.

Q.

There is a lot of online help on handling the legal side of home moving as a buyer of a home - Would it be reasonable to take care of the legal work without any help?

A.

Hypothetically there is no argument why you shouldn't handle the your own conveyancing without assistance. The truth is however that a property lawyer is in charge of a huge number of exercises ranging from checking contracts or the Land Registry formalities some of which are better done by someone with experience.

Q.

Should we get a chancel search if I am buying in the parish of Metfield?

A.

Whether you are buying a residence in Lowestoft or elsewhere in the county, the property lawyer should confirm that a chancel search be taken out. Chancel repair may be apportioned on current owners of a residence where Parochial Church Councils have previously chosen not to do so. In the event that chancel liability may apply, your solicitor might recommend insurance rather than pulling out of the purchase.

Q.

Which Lowestoft mortgage lender panels are your solicitors on?

A.

We have worked alongside most lenders. A number of mortgage specialists operate in Lowestoft, including Your Mortgage Solutions, Asset Building/The Marina, Lowestoft, NR32 1HH, and Mortgage Advice Bureau, 143 London Rd North, Lowestoft, NR32 1NE.

Q.

Which local authority is responsible for Lowestoft?

A.

Lowestoft is located in Waveney District Council, Town Hall, High Street, Lowestoft, Suffolk, NR32 1HS, phone: 01502 562 111

 
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