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Transfer of Equity in Much Wenlock

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 Much Wenlock

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

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 28/11/16

Much Wenlock services and health service information

Much Wenlock's closest airport is Wolverhampton Business Airport Airport (14 miles). Much Wenlock's nearest train station is Wellington Shropshire.

The most convenient hospital to Much Wenlock is Bridgnorth.

Q.

I need the cheapest conveyancing solicitors. What is included?

A.

Various law firms offer cheap conveyancing quotes. Often extra fees are frequently hidden in the terms and conditions. These terms are often ignored by excited buyers and sellers, eager to get underway. Additional charges included in your solicitor's terms should be fair and reasonable. They be applied only where your lawyer is required to perform tasks outside a normal transaction on your behalf, which could not be anticipated at the start of the process.

Q.

What does a Much Wenlock property lawyer recommend if the property we are buying is within a Shropshire local authority conservation area and turns out to have unbecoming windows fitted to it?

A.

The local authority enquiries carried out by a solicitor should identify whether the property is within a conservation area and evidence of council approval for changes to the property will be supplied.

Q.

Which mortgage lenders in Much Wenlock do you work with?

A.

Most lenders in Much Wenlock are on our solicitors' panels. Lenders and mortgage specialists in Much Wenlock include Kingsland Financial, 1 Quarry Pl, Shrewsbury, SY1 1JN, 1st 4 Let, 87 Haybridge Rd, Hadley, Telford, TF1 5JJ, and Fairfield Finance, Park House/Park End, Newport, TF10 7JG.

Q.

Is a property survey a good idea when purchasing a property in Much Wenlock?

A.

It is heavily suggested that most Much Wenlock buyers instruct a RICS surveyor to perform a survey. There can be a range of problems that affect a property, which will not be covered by the legal work, including cracks around door frames or subsidence.

Q.

Apparently, nickel (Ni) soil contamination may be an issue in Much Wenlock. Can you advise?

A.

There are laws imposed to limit soil contamination. Data on many contaminants, such as industrial storage and water contaminants such as sewage, will be included in an environmental search.

Q.

Myself and my partner are planning to buy in Much Wenlock. Are there many conservation areas in the area?

A.

Buyers in Much Wenlock should be aware of several local conservation areas. You may wish to contact the local council for more detail, but your solicitor will investigate this in detail during the conveyancing process.

Q.

Which factors will impact land in Much Wenlock. Are these checked for thoroughly?

A.

Much Wenlock property could be contaminated by numerous natural and human-influenced issues, like proximity to waste sites and hazardous and regulated installations. An environmental search will give more information.

Q.

What will the council tax cost for a buy to let Band G maisonette in Much Wenlock?

A.

Your council tax band should almost always be identified in the conveyancing report on title along with the local authority. Council tax charges for residents of Much Wenlock are listed on the Shropshire local authority site. At the time of writing (27 July 2012) the different rates are:

  • Band A - £1,000.00
  • Band B - £1,167.00
  • Band C - £1,333.00
  • Band D - £1,500.00
  • Band E - £1,833.00
  • Band F - £2,167.00
  • Band G - £2,500.00
  • Band H - £3,000.00

 
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