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Transfer of Equity in Newark

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 Newark

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

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 15/01/17

Local area travel and health information and addresses ;

The nearest train station to Newark is Newark Castle. The nearest airport to Newark is Gamston Airport (15 miles). Tollerton Airport is 16 miles and away.

Q.

Newark attractions

A.

Newark Air Museum Aviation Museum and Cotham St Michael Churches Conservation Trust are near to Newark.

The closest hospital is Newark.

Q.

I am looking for a fixed rate conveyancing quote. How do we get a quote?

A.

Many online and high street firms promote cheap conveyancing, but additional costs are often hiding in the small print which unwary homeowners fail to check. Any extra costs listed in terms and conditions should be reasonable. They only apply in cases where your conveyancer is required to perform tasks outside a normal transaction , which could not be anticipated at the start of the process. The conveyancing quote should also clearly state any disbursements.The Homeward Legal quote calculator will confirm the exact legal fees based on the property you are buying.

Q.

Is a building survey advisable when we are buying a house or flat, regardless of its age?

A.

Homeward Legal recommend that all purchasers order a house survey. Buyers should be aware that there are a wide range of defects which can affect a property, such as poor drainage, and these will not be addressed by your conveyancing solicitor.

Q.

For fast legal work on the purchase of a £632,000 property, what do we need to organise?

Many buyers will, correctly, argue that a fast conveyancing transaction is crucial to is to use a proactive and experienced solicitor. When finding a suitable a solicitor, ask yourself the following: Do they use email? How soon will they order searches? Did you experience any delays when requesting a quote?

Q.

When should you find a conveyancing solicitor?

A.

If you use a firm offering a 'no move, no fee' guarantee, the sooner the better. Some suggest holding off instruction until an offer has been firmly agreed, but delays can risk the other side pulling out, particularly in uncertain market conditions.

Q.

Is an online ID fee a fee or a disbursement?

A.

Each fee and disbursement should be identified on a quote. This cost is a fee not a disbursement. It should be included in your quote.

Q.

For our lender, we have chosen Northern Rock - what do I need to check?

A.

A small number of lenders have limited the firms who can act for them, resulting in higher conveyancing costs for buyers if the lender insists upon their own conveyancer . Homeward Legal, however, can act for many mortgage lenders so that you will not be required to pay the lender's legal fees.

Q.

What kind of scrutiny in relation to the uncertain risk of a flood at Nottinghamshire will a Newark conveyancing solicitor advise us on?

A.

A crucial step in the conveyancing protocol of buying a property involves the solicitor applying for environmental searches that offer certain details with regard to risk of flooding in Newark.

Q.

Will doing the conveyancing myself save me money?

A.

If you want to attempt this you can certainly embark on the greater part of the your own conveyancing without instructing a proficient Newark solicitor. All lawyers would suggest that this is a dangerous endeavour as DIY conveyancers will be working without acceptable insurance which solicitors firms are obligated to carry.

 
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