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Transfer of Equity in Prestwich

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 Prestwich

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

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 06/12/16

Local travel information:

Prestwich is very close at a mile off the M60 junction entry 17 Westbound.

Prestwich's nearest airport is Eccles, Barton Aerodrome Airport. Manchester Terminals 1 & 3 Airport is 12 miles, Manchester Terminal 2 Airport is 12 miles and Eccles Airport is 6 miles away. The nearest train station to Prestwich is Clifton, almost a mile away.

Prestwich is the neighbouring hospital to Prestwich.

Q.

There are lots of 'cheap' offers, but how do we find a good one? I am trying to find discount conveyancing.

A.

Confusion over this point affects many home owners who opted for a very cheap quote, only to be stung later in the conveyancing process. Many property lawyers promote theoretically 'the cheapest conveyancing'. Unfortunately extra charges are frequently hidden in the small print. Any additional fees should be reasonable. Applicable disbursements should be included on any quote for conveyancing in PrestwichHomeward Legal quotes offer a clear statement of your legal fees for a standard conveyancing transaction.

Q.

How much is the council tax on a residential end of terrace Band B property in Prestwich?

A.

You should be advised on the property's band in the conveyancing report on title.

Up-to-date rates for properties in Prestwich are set out online at the Bury local authority site. At the time of writing (17 September 2012) rates are as follows:

  • Band A - £971.00
  • Band B - £1,133.00
  • Band C - £1,295.00
  • Band D - £1,457.00
  • Band E - £1,780.00
  • Band F - £2,104.00
  • Band G - £2,428.00
  • Band H - £2,913.00

Q.

How much time will I budget for the legal work to transact a house require, on average?

A.

Generally speaking, the amount of time required to transact property varies, with reference to a number of factors. Homeward

Legal strive to ensure a sale, purchase or transfer of equity receives fast and efficient service.

Q.

I am hoping to be moving from our terraced property in Prestwich to our next home in Oldham , what is the best point to choose a house removal firm?

A.

Best practice is to hold off a removal firm until you have settled a home moving date which occurs after final contracts are signed. Try Quick Move, 2 Beechcroft/Sedgley Pk Rd, Prestwich, Manchester, M25 0AL Call: 0161 773 5221 or Lloyd G, 28 Russell St, Prestwich, Manchester, M25 1FG Telephone: 0161 798 6575.

Q.

What do conveyancing searches refer to?

A.

Searches are a typical pack of enquiries performed on behalf of the party intending to buy the property, and will only cover issues with the property's title.

Q.

Do your solicitors do residential property auction conveyancing in Prestwich?

A.

All of our property conveyancers do frequently take instructions from auction buyers and sellers. We often advocate bidders to appoint a local conveyancing company well before the date of the auction to allow adequate time for a full review of the sellers pack.

Subsequently, following the property auction, a solicitor is fully prepared to finalise the conveyancing in less than 28 days as usually required by the terms of sale.

Q.

I plan to buy a home in the parish of Prestwich. Is a chancel search important?

A.

Whether you are buying a house in Prestwich or elsewhere in the county, the conveyancing lawyer is likely to recommend that a chancel search is ordered. In Prestwich's much older areas, chancel repair has the potential to be imposed on the current owners of a house where parish councils may have not done so in the past. In the event that chancel liability may apply, your solicitor might recommend insurance rather than pulling out of the purchase.

Q.

What property should a Prestwich conveyancing solicitor carry out when acting on a Prestwich building?

A.

The regular conveyancing protocol will be to obtain these searches - Local Authority, Drainage Search, Environment Search and Coal Mining Search (Con29M) and perhaps special local Prestwich searches, which might include Subsidence.

 
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