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Transfer of Equity in Rowley Regis

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 Rowley Regis

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

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 14/01/17

Rowley Regis key data:

Rowley Regis is nearby at a mile of junction entry 2 Southbound of the M5.

Old Hill station is approximately a mile from Rowley Regis. Rowley Regis's nearest airport is Wolverhampton Business Airport Airport (9 miles). Birmingham Airport is 14 miles and away.

The closest hospital is Rowley Regis.

Q.

On the purchase of a £244,000 property, what will be the fees? I need discount conveyancing.

A.

Many online and high street conveyancers claim to offer so-called 'the cheapest conveyancing quotes'. Unfortunately extra costs are frequently hidden in the terms of engagement. Costs included in the solicitor's terms should be fair and clearly defined.

Q.

Is a Local Authority search a fee or a disbursement?

A.

Some solicitors frequently hide fees which should be included as disbursements. It may be unclear if a cost is a disbursement or not, and whether it should be included. This charge is a disbursement not a fee, meaning the conveyancer passes on the charge at cost.

Q.

What type of environmental conveyancing searches in connection with the uncertain risk of flooding in the West Midlands area will the Rowley Regis conveyancing solicitor be able to conduct for an investment property I am wanting to purchase?

A.

A property conveyancing lawyer will carry out standard formal environmental searches that incorporate Rowley Regis flood risk area information.

Q.

Should I read about conveyancing when selling a maisonette. Would it be imprudent to enact the legals on my own?

A.

There is no reason why a seller shouldn't conduct bulk of the conveyancing without an expert property solicitor in Rowley Regis.

In reality however, a solicitor juggles a large number of jobs such as raising additional enquiries and apportioning ground rents some of which need a qualified professional. Above all else amateur lawyers might come a cropper relevant indemnity cover which solicitors firms are obligated to take out.

Q.

Having heard about the widespread flooding last year in the Midlands I am anxious that environmental searches won't be exacting enough?

A.

Property conveyancing searches conducted by the Rowley Regis lawyer will also include the more in depth search (Landmark) if the risk warrants it.

If you remain concerned try to contact a neighbour.

Q.

How early is it wise to speak to a solicitor in Rowley Regis?

A.

With few exceptions, the sooner the better. Instructing a conveyancing firm early for a sale enables prior to marketing the property, documents can be prepared to make it potentially more attractive to motivated buyers, whereas if you are buying you will the details of your Rowley Regis solicitor ready when you make an offer.

Q.

Has soil in Rowley Regis been contaminated by titanium (Ti)?

A.

Most soils in Rowley Regis have some degree of contamination, from industry, agriculture and the natural environment . Other sources of contaminated land include water contaminants such as sewage.

Q.

How much time should the conveyancing process require, in your experience? We need to move quickly.

A.

Generally speaking, the time required to buy or sell a home varies. This is affected by a range of factors. These may include if a third party is slow to respond. With our solicitors, your move is undertaken as quickly as possible.

 
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