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Transfer of Equity in Nottinghamshire

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 Nottinghamshire.

Remortgage Solicitors Nottinghamshire

Homeward Legal's panel of solicitors carry out remortgage conveyancing for Nottinghamshire 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.

Get an online Nottinghamshire solicitor remortgage quote to begin.

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The Conveyancing
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Conveyancing in Nottinghamshire Q & A's

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 02/12/16

Local information:

Nottinghamshire's closest train station is Nottingham. Tollerton, Nottingham City Airport is 4 miles from Nottinghamshire. East Midlands Airport is 13 miles, Tollerton Airport is 5 miles and Gamston Airport is 23 miles away.

The Castle Consulting Centre is the most convenient hospital to Nottinghamshire.

Q.

I am trying to find an affordable conveyancing quote. because we are on a limited budget.

A.

Numerous law firms offer supposedly 'the cheapest conveyancing', but extra costs are often hiding in the solicitor's terms of engagement. Chargeswhich are listed in terms of engagement should be reasonable. The Homeward Legal quote calculator will confirm the solicitors' fees, based on the property you are buying.

Q.

Will I need a property surveyor to check for defects affecting this home purchase?

A.

It is strongly recommended that Nottinghamshire buyers instruct a RICS surveyor to perform a survey. It is a fact that there are many problems that can affect a property. These include wet rot and cracks around door frames. Such issues will not be considered during the conveyancing work itself.

Q.

Which lender panels in Nottinghamshire are you on?

A.

Of lenders with branches in or near Nottinghamshire, Homeward Legal work with many. Nottinghamshire lenders and mortgage specialists include Metro, Union Rd, Nottingham, NG3 1FH, Millbyrn Mortgages, 1 Plains Rd, Nottingham, NG3 5JH, and Independent Mortgage Shop, 45A Plains Rd, Nottingham, NG3 5JU.

Q.

Is it practical to take care of the conveyancing on a DIY basis ourselves.

A.

Hypothetically there are no reasons why you cant apply this approach and carry out the conveyancing without assistance. That said, a property lawyer handles a long

list of roles from e.g. chasing any outstanding docs or interpreting management accounts many of which require the relevant training.

Q.

Will we need to get searches for chancel liability if you are purchasing a apartment close to church land in Nottinghamshire?

A.

Property owners near to local churches may be required to cover the cost of repairs. This is referred to as chancel repair liability. Several sources are used to determine liability in Nottinghamshire, including maps of Nottinghamshire's parish boundaries.

Q.

We have taken out a quote from you. Are there any extra costs?

A.

Homeward Legal will never charge any additional costs regardless of circumstances. Some conveyancers give 'quotes' which are in fact estimates, which they will not be required to adhere to.

Q.

Is your panel of solicitors set up to complete within 28 days of exchange on the conveyancing for auction properties in Nottinghamshire?

A.

Indeed we prepare legal packs for vendors and often act for sellers at auction. Our highly qualified lawyers have been instructed by many successful bidders at national and local auctions that include Acuitus, Allsop (Commercial), Allsop (Residential), Auction House London, Award Property, Barnett Ross, Baxtons, Brendons Auctioneers, Countrywide Property Auctions and Drivers Norris.

Wise purchasers know to instruct a qualified lawyer as early as possible so there is time for a detailed review of the lot in advance of the actual auction.

Following the auction day arrives, the property lawyer should be fully prepared to carry out the purchase within 28 days as conventionally required by the terms of sale.

Q.

Will the Nottinghamshire conveyancer obtain official or personal searches on my home purchase?

A.

Your conveyancing solicitor will make a recommendation as to the ideal route, depending on issues like local authority turnaround times. For personal searches, your property solicitor will consider a local search agent for example Severn Trent Searches, 30-34, Hounds Gate, Nottingham, NG1 7AB Tel: 01159713550 Fax: 01159713551

 
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