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Transfer of Equity in Oldham

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 Oldham

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

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Updated: 04/12/16

Oldham travel information:

According to the UK 2011 census, Oldham's residential population is 462,833 spread over an area of 37,327 hectares meaning a residential population density 12.4 people per hectare.

Commuters are well served with Oldham having very convenient motorway access approximately 1 1/2 mile of the A627M.

The nearest train station to Oldham is Oldham Werneth and Oldham's nearest airport is Eccles, Barton Aerodrome Airport. Manchester Terminals 1 & 3 Airport is 14 miles, Manchester Terminal 2 Airport is 14 miles and Eccles Airport is 13 miles away.

Oldham, Royal Oldham is a relatively close hospital.


How do we get affordable conveyancing?


The confusion over this point catches out many home owners, and can leave them paying far more in conveyancing fees than they budgeted. Many firms promote cheap conveyancing quotes, but additional fees are frequently hidden in the solicitor's terms of engagement, left unread by preoccupied home owners Applicable disbursements should be included on your conveyancing quote


Which environmental factors can impact land in Oldham, and will they be checked for thoroughly?


A range of contaminants caused by human activities can harm the resale value of residential property in Oldham . Issues including shallow mining or waste treatment sites in the area should be reported on during conveyancing searches. Contamination in Oldham can be caused by local waste sites, such as Burnedge Lane, Grasscroft, OL4 4DZ.


Which local authority is responsible for Oldham?


Oldham is located in Oldham Metropolitan Borough Council, Civic Centre, West Street, Oldham, Lancashire, OL1 1UG, phone: 0161 770 3000


Would you recommend that we get a chancel liability search? I am buying near a church built in the 16th Century in Oldham.


The outcome of Aston Cantlow (PCC) v Wallbank reaffirmed that 'lay impropriators' of property must pay for church repairs. Owners who have bought property prior to 2003 may be totally unaware that a liability exists if a chancel search was not carried out. Your conveyancing solicitor will suggest an appropriate indemnity policy to address chancel liability. Church lands in this area include St Thomas Leesfield, Parish of Leesfield, St Thomas, Saint James's Church, Barry Street and St Paul.


Which actual conveyancing searches will my Oldham property lawyer order for a Oldham property?


The standard procedure is to obtain Local Authority (personal or official), Drainage and Water Search (CON29DW or personal), Environmental and Coal Mining (Con29M) and, depending on certain criteria, unique particular e.g. a Chancel check Search.


The vendor has added dormer windows on the house in Oldham which might possibly defy local conservation area guidelines


The property solicitor is required to ascertain if your proposed purchase is inside a designated conservation area, and if so, whether any alterations have the necessary consents from the Oldham council.


Are buyers frequently gazumped in Oldham?


This arises when a buyer's offer is rejected, following initial acceptance, by the seller, in favour of a greater offer. The will be a risk of gazumping in any transaction, because offers are not binding until exchange of contracts. Instructing your conveyancing solicitor as soon as you can is a key first step to reducing this risk.


Regarding the serious flooding in Sept 2012 in North West England, I am apprehensive that flood risk searches won't be detailed enough?


Environmental searches handled by the Oldham property lawyer should also include a far more rigorous Landmark flood search if the risk warrants it.

If you are still concerned try to approach a future neighbour or local Greater Manchester flood repair expert try: G Strothers, 5 Kiln Hill Close, Chadderton, Oldham, OL1 2RF Tel: 0161-620 1002.