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Transfer of Equity in Radford

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 Radford

Homeward Legal's panel of solicitors carry out remortgage conveyancing for Radford 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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The Conveyancing
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Conveyancing in Radford Q & A's

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 04/12/16

Local key data:

Nottingham train station is about 2 miles from Radford. Radford's closest airport is Tollerton, Nottingham City Airport. East Midlands Airport is 11 miles s, Tollerton Airport is 5 miles and Gamston Airport is 25 miles away.

Queens Medical Centre, Derby Road is a relatively close hospital.

Q.

How do I get the best rates for conveyancing for a £346,000 residence?

A.

Many online and high street firms promote theoretically cheap conveyancing quotes. Unfortunately additional charges are often hiding in the terms of engagement which unwary buyers fail to check. Homeward Legal quotes offer a clear statement of your legal fees for a standard conveyancing transaction.

Q.

The estate agent we are using in Winscombe has put forward a property solicitor. Will it be faster to instruct this solicitor?

A.

Agent referrals are a common way for home buyers to find a solicitor, however, these referrals need to be weighed up against alternatives, including online or local firms, as it may be the case that the agent recommends the firm which pays to the largest referral fee, not the most suitable for you.

Q.

Can you suggest how to bypass paying stamp duty on the purchase?

A.

Stamp duty mitigation scheme is not recommended. Such schemes are expensive and very risky.

Q.

Would arranging a building survey be required if we are buying a property, irrespective of its condition, in Radford?

A.

The Royal Institution of Chartered Surveyors firmly recommend that most purchasers arrange a RICS survey when purchasing in Radford. Buyers should be aware that there are many defects that can negatively affect a property, such as unsafe chimney circulation. Such issues will not be considered during the conveyancing work itself.

Q.

Do you recommend your solicitors to administer residential property auction conveyancing in Radford?

A.

Our firm frequently handle the legal work for sellers at auction. Homeward Legal tend to recommend bidders to appoint a lawyer before the date of the auction to allow adequate time for a title report.

Immediately following the day of bidding, the lawyer must be focused on carry out the auction conveyancing process in less than the usual 28 days as required by the conditions of sale.

Q.

Bookshops now have many useful handbooks on the subject of doing the legal work yourself such as Conveyancing Forms and Procedures by Annette Goss, Lorraine Richardson and Michael Taylor . Do I actually need to instruct a conveyancing solicitor in Radford ?

A.

On paper there are no reasons why a home seller should not do the legal work on your own. The truth is however that a Radford lawyer typically handles a long list of functions e.g. chasing outstanding papers or registering the new title owner some of which need a qualified professional.

Q.

What is the best point to one make arrangements with the home removal company?

A.

Best advice is for home movers to delay agreeing a removal van until such time as you and the other side has confirmed an absolute completion date that generally happens after contracts are signed. Local information can be sought from U Fill Ltd, Unit 8 9 Genesis Pk/Midland Way, Nottingham, NG7 3EF Phone: 0800 052 6226 or All Moves UK Ltd, Unit 1 Lewis Industrial Estate Radford Rd, Nottingham, NG7 7NQ Tel: 0115 978 1549.

Q.

Which mortgage lenders in Radford do you work with?

A.

We work with the vast majority of lenders registered with the Council of Mortgage Lenders. A number of mortgage specialists operate in Radford, including T F C Mortgages, Tfc House/5 Newlyn Dr, Nottingham, NG8 5GU, and TFC Mortgages & Loans, Castle Cavendish Business Centre/Dorking Rd, Nottingham, NG7 5PN.

 
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