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Transfer of Equity in Oldbury

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 Oldbury

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

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 28/11/16

Local key data:

Wolverhampton Business Airport Airport is 10 miles from Oldbury. Birmingham Airport is 13 miles, Coventry Airport is 25 miles and away. The closest train station to Oldbury is Sandwell and Dudley.

Oldbury is close at under 1m of the M5 junction entry 2 Northbound.

The nearest hospital for Oldbury is Edward Street West Bromwich.

Q.

How do I get the best conveyancing rates in Oldbury for a £258,000 residence?

A.

Various firms promote supposedly 'the cheapest conveyancing quotes'. Unfortunately additional costs are frequently hidden in the terms of engagement. These terms are often ignored by excited buyers, eager to get underway. The disbursements to be paid should be included on a Oldbury conveyancing quote Any extra fees listed in terms of engagement ought to be fair. Our quotes offer a clear statement of your solicitors fees for a standard purchase or sale.

Q.

How many weeks will conveyancing need, in your experience? If it matters, we are purchasing a flat in Oldbury.

A.

Generally speaking, the length of time required to transact property does vary. This wide range results from a number of issues which may include when a third party is slow to respond. Nationwide, the average is around ten weeks, we however aim for faster conveyancing, driving the transaction to complete within 6 to 8 weeks.

Q.

If you are purchasing in Oldbury on the same street as a 1600s church, is it recommended that we get a chancel search?

A.

The outcome of Aston Cantlow (PCC) v Wallbank in 2003 confirmed that chancel repair liability could be enforced. A chancel search is used to check that such a liability exists. The solicitor acting on your behalf will confirm that a chancel search is appropriate. Oldbury church properties include Christ Church, St Nicholas and St Paul & St Barnabas.

Q.

Do you work with many mortgage lenders with offices in Oldbury?

A.

Of lenders with offices in or near Oldbury, Homeward Legal work with the vast majority. Oldbury lenders and mortgage specialists include Connell Mortgage Services, 70-76 Birmingham St, Oldbury, B69 4EB.

Q.

The property seller appears to have added ill-suited PVC windows on the maisonette which I think may break Longstanton conservation area criteria.

A.

A solicitor will carry out searches identify if the property is affected by a designated conservation area and whether any modifications have required permission from the local council.

Q.

Regarding the widespread flooding last year in the Midlands I am concerned that conveyancing searches won't be sufficient?

A.

Environmental searches conducted by the property solicitor in Oldbury will also include a more in depth Landmark flood search if the risk is deemed significant.

If you are apprehensive you could visit a neighbour or local resident or local West Midlands flood repair builder - such as: Sandhu Construction Ltd, 268 Bristnall Hall Rd, Oldbury, B68 9NF Tel: 0121-369 2953.

Q.

We have found a buyer and have a quote from you. Could we have to pay any extra charges?

A.

No. Our solicitors never charge any extra, hidden costs to transfer a property. Be aware that some conveyancers give 'quotes' which are in fact estimates. The final bill you receive may be much more.

Q.

Is Homeward Legal set up to move fast on the conveyancing for residential property auction properties in Oldbury?

A.

The legal team deal with auctions throughout the UK and regularly handle the legal work for buyers and sellers at auction. Our highly qualified solicitors have in the past acted for countless buyers at local Oldbury auctions including Acuitus, Allsop (Commercial), Allsop (Residential), Auction House London, Award Property, Barnett Ross, Baxtons, Brendons Auctioneers, Countrywide Property Auctions and Drivers Norris.

Smart auction buyers always get a SRA regulated solicitor as early as possible so there is time for a full investigation of the auction legal papers well in advance of the auction.

Post property auction, the lawyer will be able to concentrate on complete the auction conveyancing process in 28 days as required by the terms of sale.

 
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