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Transfer of Equity in Nuneaton

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 Nuneaton

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

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 16/01/17

Nuneaton data:

Coventry Airport is 10 miles from Nuneaton. Birmingham Airport is 13 miles, and East Midlands Airport is 22 miles away. Nuneaton station is approximately a mile from Nuneaton.

George Eliot Nuneaton is the closest hospital.

Q.

I am looking for a cheap solicitor quote to purchase a home. Will we get a quote or and estimate?

A.

Various solicitors offer 'the cheapest conveyancing quotes', but additional fees may be added into the terms which buyers may have not read carefully Any disbursements must also be stated on your conveyancing quote Any charges listed in terms of engagement ought to be fair. They be applicable if your solicitor is required to complete extra work for you, which could not be anticipated at the start of the process. Homeward Legal quotes offer a clear statement of your legal fees for a standard conveyancing transaction.

Q.

I am taking out a mortgage in Nuneaton with Santander, what do we need to consider?

A.

Prior to recent changes, it was usually straightforward for solicitors to act for both a buyer and their lender. Buyers need to be aware that some lenders have opted to reduce the size of their 'solicitor panel', potentially creating higher legal costs for property purchasers. We can act for the vast majority of UK mortgage lenders, ensuring that an additional lawyer will not be required to act for your lender.

Q.

What amount of time should conveyancing to purchase a flat take, in your experience? If it matters, we are purchasing a house in Nuneaton.

A.

In general, the amount of time needed to buy or sell a property will vary. This is dependent on a broad set of concerns such as whether

a mortgage is involved. Homeward Legal solicitors ensure every purchase receives fast and efficient service.

Q.

Should we get a chancel search if we plan to purchase in the parish of Leire?

A.

The conveyancing solicitor may suggest a chancel search. Chancel repair may be apportioned on new owners of a residence where parish councils may have spared previous owners or tenants.

Q.

Nuneaton property solicitors do official property conveyancing searches when acting for a purchase client, which actual ones?

A.

If taking out a mortgage, your lender mandates particular searches, including the following for properties in Nuneaton: Local Authority (personal or official), Drainage and Water Search (CON29DW) and Environmental and perhaps area-specific searches, like a HS2 report.

Q.

Is a postage, photocopying and phone calls fee a fee or disbursement?

A.

Some solicitors frequently hide extra costs as necessary disbursements. It is not always clear whether a cost is a disbursement or not, and whether it should be included. This cost is a fee not a disbursement. It should be included in your conveyancing quote.

Q.

What sort of enquiries in relation to the risk and history of possible flooding to properties in Warwickshire will the conveyancing solicitor in Nuneaton examine?

A.

A vital step in the conveyancing procedure involves a solicitor making an application for environmental searches that offer you some details on the subject of Nuneaton historical flood risk.

Q.

The estate agent we are using in Bournville has named the property lawyer. Should I use this solicitor?

A.

Agent recommendations are a common practice way to find a solicitor, however, such referrals need to be weighed up against alternatives, including online or local firms, as there is a risk that the agent may suggest the firm which pays to the largest referral fee, not the best solicitor for your needs.

 
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