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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

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 09/01/17

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.

Q.

How do we get affordable conveyancing?

A.

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

Q.

My local agent has put forward the solicitor that they have used before. Do I need to instruct them?

A.

Agent referrals are a commonplace route for buyers to find a solicitor. If the agent is paid a referral fee, however, there is a risk that an agent may choose the firm which pays to the largest referral fee, not the best value for you.

Q.

With a property ready to buy , can we aim for fast conveyancing?

A.

Instructing a proactive lawyer is essential to fast Oldham conveyancing. Consider the following when selecting:

  • Do they use email as the preferred mode of communication?
  • Do they use email as the preferred mode of communication?
  • Did you experience any delays when requesting a quote?
  • Q.

    How long should conveyancing legal work usually require, on average? We have a buyer ready.

    A.

    The length of time needed to sell or purchase a residence does vary. This is influenced by a number of legal considerations such as if the lender requires specific searches. With Homeward Legal's Oldham property experts, every purchase receives communicative and proactive service, resulting in the fastest possible outcome.

    Q.

    What fact finding regarding the risk of a flood in the Greater Manchester area will a property solicitor in Oldham give an account of?

    A.

    The residential property conveyancing lawyer will conduct conveyancing searches that incorporate Oldham historical flood risk data.

    Q.

    Is your panel of solicitors set up to handle fast completions on the conveyancing for auction properties in Oldham?

    A.

    In fact we specialise in auctions and regularly do the legal work for sellers at auction. It is crucial bidders to formally instruct a fast conveyancing firm as soon as they can to allow for a detailed investigation of the auction legal pack in advance of the property auction.

    Subsequently, immediately after the auction, the solicitor must be focused on finalise the transaction in under 28 days after exchange, a normal requirement of terms and conditions of sale.

    Q.

    Which local authority is responsible for Oldham?

    A.

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

    Q.

    Will my assigned property lawyer in Oldham report back to me about the amount to be paid of council tax on a Band G townhouse before exchange of contracts?

    A.

    Your property solicitor will approach the Oldham local council to ascertain the appropriate council tax band and rates, which should be written in the report on title. Up-to-date rates for properties in Oldham are listed online at the Oldham local authority site. On (31 October 2012) rates are as follows:

    • Band A - £1,032.00
    • Band B - £1,204.00
    • Band C - £1,375.00
    • Band D - £1,547.00
    • Band E - £1,891.00
    • Band F - £2,235.00
    • Band G - £2,579.00
    • Band H - £3,095.00

     
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