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Transfer of Equity in Oadby

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 Oadby

Homeward Legal's panel of solicitors carry out remortgage conveyancing for Oadby clients every week.

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The Conveyancing
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Conveyancing in Oadby Q & A's

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 22/01/17

Oadby data:

The closest airport to Oadby is East Midlands Airport. Coventry Airport is 23 miles, and Tollerton Airport is 22 miles away. Oadby's closest station is South Wigston at 3 miles.

Oadby, Leicester is the closest hospital for Oadby.

Q.

How do we find the best rates for conveyancing for a 170,000 house?

A.

Confusion over this topic catches out many property buyers and sellers, and can leave them paying far more in fees than they budgeted, and many property lawyers offer supposedly 'the cheapest conveyancing quotes', however additional costs are often hiding in the small print. Extra charges ought to be reasonable and clear and only come into force where your lawyer is required to complete extra work on your behalf, which could not be anticipated at the start of the process.

Q.

What sort of exploration in respect to the risk of floods to properties in Leicestershire will a Oadby lawyer report back to us on?

A.

A vital step in the conveyancing process involves a lawyer applying for conveyancing searches that set out some details on the subject of Oadby flood risk area data. As an additional measure means that the conveyancing solicitor in Oadby may advocate a more involved (e.g. Landmark) specialist flood search.

Q.

How is contaminated land in Oadby checked?

A.

Property in Oadby would be contaminated by a range of factors caused by man and by nature, like proximity to landfill sites and existing and proposed overhead electricity cables. An environmental search can give more clarity.

Q.

Do you recommend your solicitors to deal with the legal conveyancing of property auction properties in Oadby?

A.

We are highly knowledgeable with auction buyers and sellers. We invariably advocate bidders to instruct a lawyer well before the auction to allow time for an investigation of the legal documents.

After the auction, a lawyer is able to concentrate on finish the conveyancing process inside the 4 week time frame as required by the terms of sale.

Q.

Which local authority is responsible for Oadby?

A.

Oadby is located in Oadby and Wigston Borough Council, Council Offices, Station Road, Wigston, Leicestershire, LE18 2DR, contact: 01162 888 961

Q.

We are purchasing in Oadby with Yorkshire Building Society - is there anything we need to check?

A.

Traditionally, most solicitors could act for the majority lenders. Buyers in Oadby should be aware that, over the last two years, some lenders have reduced the number of firms on their approved panel. This can mean increased conveyancing costs for buyers. We can act for many CML-approved lenders.

Q.

What length of time can conveyancing legal work require in Oadby?

A.

The number of weeks needed to sell or purchase a house varies. This is affected by a handful of aspects, for example, if a third party is slow to respond. 8 to 12 weeks is the average for many firms, but we work for a deadline of six weeks.

Q.

What will a Oadby conveyancing solicitor advise if the maisonette I hope to invest in is situated in a Oadby and Wigston local authority conservation area that possibly has unsuitable doors fitted?

A.

Oadby and Wigston council searches, carried out by the solicitor as part of the conveyancing, should check whether the Oadby property a designated conservation area and evidence of Coal Authority consent for alterations will be supplied.

 
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