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Transfer of Equity in Old Swan

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 Old Swan.

Remortgage Solicitors Old Swan

Homeward Legal's panel of solicitors carry out remortgage conveyancing for Old Swan 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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or call us: 0800 038 6699


The Conveyancing
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Conveyancing in Old Swan Q & A's

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 24/01/17

Local key data:

Commuters are well served with Old Swan situated with very convenient motorway access very close at within 1m of the M62.

The closest airport to Old Swan is Liverpool John Lennon Airport (6 miles). Howarden Airport is 18 miles and Eccles Airport is 22 miles away. The closest train station to Old Swan is Broad Green.

The neighbouring hospital for Old Swan is Broadgreen Liverpool.

Q.

We need to find affordable conveyancing. What do we need to consider?

A.

Many online and high street law firms offer 'the cheapest conveyancing'. Unfortunately extra fees are often hiding in small print. Extras listed in the small print needs to be clearly defined. Your conveyancing quote ought to list any disbursements.

Q.

Is it a good idea to defer paying out for stamp duty to the Revenue?

A.

Stamp duty must be paid for purchases over one hundred and twenty-five thousand pounds. We strongly advise against any form of stamp duty mitigation scheme. Such schemes are highly expensive and HMRC may challenge a scheme up to six years later meaning that the full stamp duty amount will be payable, with potential fines.

Q.

What environmental concerns will contaminate land in Old Swan. Are these properly investigated?

A.

Land in Old Swan may be contaminated by a range of natural causes. Contaminants including landfill sites will be considered as part of the environmental searches.

Q.

What sort of enquiries in relation to the risk and history of floods to properties in Merseyside will a conveyancing solicitor in Old Swan advise us on?

A.

A critical component in the legal due diligence procedure of purchasing a property involves the lawyer applying for property environmental searches that give specific information on the Old Swan area flood risk. In certain cases your conveyancing solicitor in Old Swan will typically advise a significantly more detailed local Old Swan search.

Q.

My agent has referred a property solicitor which they often use. Will it be faster to use them?

A.

Many agents have arrangements with solicitors where they refer clients, however, such referrals should be compared to other online or local firms, as an agent may choose the solicitor willing to pay the highest referral fee, not a firm with local expertise and a solid reputation.

Q.

Do you advise that we get a chancel search? We are buying by a rectory manor in Old Swan.

A.

The result of a landmark case 10 years ago reaffirmed that 'lay impropriators' of property must pay for church repairs. A chancel search is used to confirm whether such a liability exists. A solicitor will be able to advise further.

Q.

Do you have low cost solicitors that specialise the conveyancing of property auction properties in Old Swan?

A.

Our company frequently act for sellers at auction. Homeward Legal typically encourage bidders to formally instruct an auction experienced conveyancing lawyer before the date of the auction to allow adequate time for a detailed review of the sellers legal pack. Thereafter, following the day of the auction a prepared lawyer is focused on finalise the transaction in less than the 28 day time frame, a requirement of terms and conditions of sale.

Q.

How many mortgage lenders in Old Swan do you work with?

A.

Most lenders in Old Swan are on our panels. Old Swan lenders and mortgage specialists include Green Mortgage Services, 11 St. Oswalds St, Liverpool, L13 5SA.

 
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