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Transfer of Equity in Netherley

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 Netherley

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

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 13/01/17

Local travel and health information

Motorists are well served with Netherley being well placed with very convenient motorway access very close at a mile of Junction 6 Westbound of the M62.

The closest airport to Netherley is Liverpool John Lennon Airport. Manchester Terminals 1 & 3 Airport is 24 miles, Manchester Terminal 2 Airport is 24 miles, Howarden Airport is 17 miles and Eccles Airport is 20 miles away. The closest station to Netherley is Huyton, approximately 1 mile away.

St Bartholomews Day Liverpool is a nearby hospital for Netherley.

Q.

We need discount conveyancing. How do I get a quote?

A.

Several property lawyers purport to offer supposedly 'the cheapest conveyancing quotes', however extra costs can increase the solicitor's invoice. Any extra costs found in the terms ought to be fair. They be applicable solely where the conveyancer is required to complete extra work on your behalf, which could not be anticipated at the start of the process. Any disbursements should be included on your conveyancing quote

Q.

If I am buying in Netherley, will you need a chancel search?

A.

Owners of property in Netherley may be subject to chancel repair liability. A number of sources are used to identify liability, including maps of Netherley's parish boundaries. Netherley church properties where chancel liability may apply include Christ Church & Centre.

Q.

Conveyancing solicitors in Netherley carry out necessary conveyancing searches when they are instructed to act for a buyer, what particular ones?

If you are taking out a mortgage the building society of bank requires you to a solicitor to get at least specific searches, including these searches - Local Authority Search, Drainage and Water Search (CON29DW) and Environmental as well as any less common searches, which may include a SIM.

Q.

Can you state how we bypass paying stamp duty to the Revenue?

A.

Stamp Duty Land Tax is payable for purchases sold for over £125,000. We do not recommend property buyers arrange any stamp duty mitigation. Such schemes are expensive and the HMRC can review a scheme up to 6 years after a sale is completed and the total stamp duty tax may be payable, along with interest and penalties.

Q.

Which Netherley lender panels are you a member of?

A.

Homeward Legal have solicitors who have experience working with the majority of lenders approved by the Council of Mortgage Lenders. A number of mortgage specialists operate in Netherley, including Goldsmith Mortgage Services, 10 Derby St, Prescot, L34 3LG, Porterhouse Associates Ltd, 18 Childwall Abbey Rd, Liverpool, L16 0JN, and Mersey Loans, Mackets La, Liverpool, L25 0LJ.

Q.

National Counties Building Society will be our mortgage lender - what will I need to know?

A.

Over the last two years, some lenders are now limiting the firms who can act for them, potentially creating increased conveyancing costs for buyers. Homeward Legal can act on behalf of many CML-approved lenders.

Q.

How much will the searches be?

A.

With Homeward Legal, you will be charged no more than £249 for a standard bundle of searches. Your solicitor will usually advise a pack including a drainage search.

Q.

How many weeks can the conveyancing process need, on average?

A.

The number of weeks needed to transfer a property will vary, dependent on several considerations. With our specialist solicitors, every sale is undertaken as quickly as possible.

 
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