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Transfer of Equity in Market Rasen

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 Market Rasen.

Remortgage Solicitors Market Rasen

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

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 22/01/17

Local transport information

The nearest airport to Market Rasen is Kirmington, Humberside International Airport (14 miles). The nearest train station to Market Rasen is Market Rasen.

Lincoln County is a relatively close hospital to Market Rasen.

Q.

What do you charge for the legal fees on a £87,000 house? We need to find a low cost conveyancing estimate in Market Rasen.

A.

Numerous solicitors purport to offer so-called 'the cheapest conveyancing', but additional charges are often hiding in the terms of engagement which unwary buyers fail to check. Any additional fees should be reasonable. We provide quotes, not estimates, and clearly state the fees for a standard conveyancing.

Q.

Of major Market Rasen lenders, who have joined your panel?

A.

Of lenders with local branches around Market Rasen, Homeward Legal work with the vast majority. Lenders and mortgage specialists in Market Rasen include Canon Independent Mortgage Services, 15A Cornmarket, Louth, LN11 9QJ, Mortgage Auditors, 20 Garrick Lane, New Waltham, Grimsby, DN36 4WD, and Riach Independent Financial Advisors, The Old Granary, Scotterthorpe, Gainsborough, DN21 3JL. The Market Rasen solicitor handling the work for your sale or purchase will be able to advise further.

Q.

I plan to buy a chapel in the parish of Wood Enderby. Do we need a chancel search?

A.

Your solicitor instructed to handle the transaction could advise that a chancel search is taken out. Although some parish councils have determined to charge chancel repairs on current owners of affected property, a solicitor cannot state with certainty that a parish where repair costs have not been paid before, that this will not continue to be so. For property in the parish of Wood Enderby, it is not safe to rely on the historical behaviour of the parish council alone as a guide.

Q.

We are buying in Market Rasen on a new-build former industrial site. It appears that arsenic soil contamination may be an issue.

A.

Extensive measures are taken in all parts of Market Rasen and the UK to identify and resolve soil contamination. Land may also be contaminated by other sources, including water contaminants such as household chemicals.

Q.

Do I need a chancel search when you are buying a house on the same street as church grounds in Market Rasen?

A.

Chancel liability repair costs can run into £100,000s, which owners of affected property will be compelled to pay on demand to the Market Rasen Church council. Some names or words such as 'glebe' give an indication of a property's history, and thus whether chancel liability may apply. Market Rasen church lands where a chancel search may be appropriate include St Thomas the Apostle.

Q.

My friend has experience of handling the legal work as a buyer of a flat - Might it be prudent to take care of all of the legal work myself?

A.

Should you desire t attempt this you can carry out the greater part of the your own conveyancing without engaging Market Rasen solicitor .

Needless to say solicitors firms would argue that this choice is a risky thing to do as DIY lawyers might come a cropper the appropriate professional indemnity insurance which qualified solicitors firms are obliged to be covered by.

Q.

What will our conveyancing searches on average cost?

A.

Conveyancing searches ranges in cost, depending on the searches chosen. Searches are disbursements, and are not included in a quote for solicitor's fees.

Q.

At what point should we instruct a conveyancer?

A.

With a 'no move, no fee' guarantee, the sooner you instruct a solicitor, the better, as there are several tasks that can be performed straight away. Instructing your solicitor sooner could mitigate the chance of the transaction stalling.

 
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