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Transfer of Equity in Market Drayton

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 Market Drayton

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

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 06/12/16

Local area services information and addresses ;

Prees train station is about 9 miles from Market Drayton. The nearest airport to Market Drayton is Howarden Airport.

Whitchurch is a nearby hospital to Market Drayton.

Q.

How do we find low cost conveyancing?

A.

Various solicitors promote supposedly cheap conveyancing, but additional costs are often hiding in the terms of engagement that unknowing property buyers and sellers have not reviewed Any costs ought to be fair and clearly defined. They only apply in cases where the solicitor must perform additional tasks for you, which could not be anticipated at the start of the process. Homeward Legal quotes offer a clear statement of your legal fees for a standard conveyancing transaction.

Q.

We are buying on a Market Drayton ex-industrial site. Could the top-soil be contaminated by industrial waste like molybdenum (Mo)?

A.

Most soils in Market Drayton have some degree of contamination, from agriculture or industry. Land may also be contaminated by other sources, including groundwater contamination and industrial storage.

Q.

What is the council tax on a Thirties terraced Band H dwelling in Market Drayton?

A.

You will find the property's band in the report on title. The correct rates for properties in Market Drayton are listed on the Stafford council site. At the time of writing, 16 October 2012, the different rates are:

  • Band A - £960.00
  • Band B - £1,120.00
  • Band C - £1,280.00
  • Band D - £1,440.00
  • Band E - £1,760.00
  • Band F - £2,080.00
  • Band G - £2,400.00
  • Band H - £2,880.00

Q.

I am intending to buy a house. Should we have searches carried out?

Searches are enquiries ordered by the purchaser's conveyancing solicitor via one of several specific authorities, and will only cover legal-related matters.

Q.

What are the reasons why the conveyancing work goes on for so long?

A.

The legal work required to buy or sell a house or flat may take more time than budgeted. We endeavour to minimise the burden of these delays wherever a difference can be made. Common delays include problems with arranging a mortgage.

Q.

What will the Market Drayton property solicitor advise if the house we hope to invest in is located in a Stafford council conservation area which has incongruous dormer windows fitted?

A.

The local authority searches, carried out by the solicitor as part of the conveyancing, should ascertain whether the Market Drayton property a designated conservation area and any evidence of planning consent for additions to the property will be required.

Q.

Flood searches are all well and good but when one considers recent events e g the extensive flooding last year in the Midlands are they still appropriate to ascertain enough about the risk of flooding in Market Drayton?

A.

A competent Market Drayton property lawyer will recommend that you get additional environmental searches (Landmark database search) if the standard searches flag up a risk of flooding in Market Drayton.

It is not uncommon for buyers to also contact a future neighbour for some further comfort or nearby Shropshire flooding repair expert, e.g. D J T Building & Landscaping, Fields Barn, Bearstone, Market Drayton, TF9 4HG Tel: 01630 647801.

Q.

Do you need to get a chancel search? We are buying close to parsonage land in Market Drayton.

A.

Some owners in Market Drayton can be required to subsidise upkeep of church property in the locality. As a consequence of a recent Act, interest over any affected land must be registered by October 2013. This will make it easier to identify affected property through a chancel search. Your conveyancing solicitor can provide more details. Church of England properties in this area where chancel liability may apply include Christ Church and St. Mary's.

 
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