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Transfer of Equity in Preston

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 Preston

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

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 06/12/16

Preston key data:

According to the 2011 census, The residential population of Preston 520,556 people spread over an area of 239,139 acres (96,776 hectares) which equals a density of population of 2.2 people per acre or 5.4 per hectare.

Preston is about 3m of the M6 Junction 31a Southbound.

Blackpool International Airport is 14 miles from Preston. Eccles Airport is 25 miles away and Preston station is around a mile from Preston.

The nearest hospital is Fulwood, Midgery Ln.

Q.

How do we get a cheap solicitor for purchasing a property?

A.

Numerous firms purport to offer cheap conveyancing. However extra fees will be included in the small print. Busy, stressed buyers and sellers ignore these terms at their peril. We offer quotes, not estimates, and clearly state all legal fees you pay for a standard conveyancing transaction.

Q.

We are buying on a newly development brownfield site. Is the soil possibly contaminated by waste minerals like tungsten (W)?

A.

Most soils in Preston have some degree of contamination, from agriculture or industry. Data on many contaminants, such as fertilisers and water contaminants such as silage, will be included in an environmental search.

Q.

We have found collections of guidebooks going into great depth on doing the legal work yourself e.g. House Buying, Selling and Conveyancing by Joesph Bradshaw and Georgia Bedworth. In which case, do I need to use a Preston conveyancer ?

It is certainly possible for you to handle the conveyancing unaided.

However, a Preston lawyer carries out a large number of functions ranging from approving pre exchange checklists or notifying all parties of exchange most of which are more safely handled with appropriate training. Nonetheless solicitors must carry sufficient insurance cover in order to protect you in the event of any carelessness.

Q.

Having read about the extensive flooding in Sept 2012 in North West England I am wondering if flood searches won't be thorough enough?

A.

Flood risk searches handled by a Preston conveyancing solicitor will include a far more specialist Landmark flood search if it is felt necessary.

If you remain apprehensive why not approach a close neighbour or local Lancashire flood damage expert, like Whitehead Marcus, Bee Mill Preston Rd, Ribchester, Preston, PR3 3XJ Tel: 01254 416561.

Q.

How soon do I need to instruct a conveyancing solicitor to handle our transaction?

A.

In the majority of situations, the sooner you instruct a solicitor, the better. Instructing your solicitor earlier can limit the risk of your transaction aborting.

Q.

How can I find if any of the designated Preston conservation areas are in a poor state?

A.

An up-to-date appraisal of the state of repair of conservation areas in Preston is noted by English Heritage and this areas and information are viewable at the English Heritage website- Fishergate Hill with Preston is recorded as poor with low vulnerability and deteriorating. Tel: 01772 906598 for more information.

Q.

What would conveyancing searches generally cost?

A.

The cost of searches can vary appreciably, depending on the searches required.

Q.

How is contaminated land in Preston identified?

A.

A wide range of contaminants caused by natural causes may affect residential property in Preston, like pollution incidents and landfill sites. An environmental search can provide much more clarity.

 
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