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Transfer of Equity in Oxfordshire

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 Oxfordshire.

Remortgage Solicitors Oxfordshire

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

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 04/12/16

Oxfordshire key data:

Kidlington, Oxford Airport is 6 miles from Oxfordshire. Turweston Aerodrome Airport is 20 miles, Kidlington Airport is 6 miles and Booker Airport is 22 miles away. The nearest station to Oxfordshire is Oxford, about a mile away.

The closest hospital to Oxfordshire is Radcliffe Infirmary Oxford.

Q.

What will the overall charge be on the sale of a £640k home? I am looking for affordable conveyancing in Oxfordshire.

A.

Several firms advertise supposedly 'the cheapest conveyancing quotes', but additional charges are often hiding in the solicitor's terms of engagement.

Q.

When is it wise to arrange a solicitor?

A.

Generally, the sooner you instruct a firm, the better. Instructing your solicitor earlier for a purchase can mean that your offer may be taken more seriously if you already have a solicitor instructed, or, if you are selling a property, paperwork can be prepared, even before a buyer is found.

Q.

What are 'conveyancing searches'?

A.

These searches are a bundle of enquiries raised by your conveyancing solicitor via local and national authorities. Conveyancing searches cover solely facets affecting the legal title.

Q.

As a consequence of the Met Office projecting more intense rainfall in the future I am concerned that conveyancing and environmental searches aren't thorough enough?

Environmental searches carried out by a conveyancing solicitor in Oxfordshire will also include a more in depth search (Landmark) if it is felt necessary.

If you are concerned you could try to contact a local resident.

Q.

If I plan to purchase near Oxfordshire, in the parish of Shelswell, do we need a chancel search?

A.

The property lawyer should confirm that a chancel search be taken out. Although some Parochial Church Councils (PCCs) have exercised their right to charge chancel repairs on the current owners, a solicitor cannot state with certainty that a parish where chancel repair fees have not been paid previously will not continue to be so. Even if liability is unlikely, indemnity insurance is a sensible precaution.

Q.

I have taken out a quote from you. Will we be charged any additional costs when the transaction completes?

A.

No. We never hide any extra, hidden fees for standard conveyancing. Some solicitor do not give accurate quotes, only estimates. You may face a much greater total fee when you have completed.

Q.

Is a building survey sensible when buying property in Oxfordshire?

A.

We advise that the majority of buyers arrange a home surveyor. There can be a wide range of defects which have a negative impact on a property, which will not be covered by the legal work. These include cracks in walls or cracked roof tiles.

Q.

How long may conveyancing legal work take? I am buying in Oxfordshire.

A.

For most property in Oxfordshire, the number of weeks required to sell or purchase a residence may vary. This is affected by potentially many legal considerations including if either party has a mortgage. 8 to 12 weeks is the average for many firms, we however drive the process forwards, completing within eight weeks.

 
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