By Ellie Pierpoint
15th November 2016
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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Homeward Legal's panel of solicitors carry out remortgage conveyancing for Ruddington 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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"Working together is essential for a quicker completion."
If you are selling, buying or remortgaging a property in Ruddington, you will need a property lawyer to complete the legal work on your behalf.
Our property lawyers have years of experience helping home buyers and sellers in Ruddington and across Nottinghamshire. Our highly proactive approach often means we complete the transaction faster than other firms.
Solicitors who carry out all the legal work for your sale or purchase for a fixed rate.
You will not be charged any solicitors fees for buying and selling a property, if your Nottinghamshire house move does not complete.
Using area conveyancing experience, your property lawyer will guide you through the whole of the legal process.
No additional fees whatsoever.
The nearest airport to Ruddington is Tollerton, Nottingham City Airport (3 miles). East Midlands Airport is 9 miles and Tollerton Airport is 4 miles away. Ruddington's nearest station is Beeston.
Lings Bar West Bridgford hospital is relatively close to Ruddington.Q.
Several property lawyers offer so-called cheap conveyancing quotes. Often extra fees are frequently hidden in the terms that property buyers and sellers often do not check. The conveyancing quote must also state any disbursements. Any extra fees which are listed in the terms should be reasonable and clear and only be applied if your lawyer must perform additional tasks in your interest, which could not be anticipated at the start of the process.Q.
Local authority Requisition for search and Official Certificate of Search conducted by a property lawyer in the process of the conveyancing should determine if the property is in a designated conservation area proof of Coal Authority consent for additions to the property will be requested.Q.
Property may be contaminated by a wide range of naturally-occurring factors, like pollution incidents and coal mining. An environmental search should offer more information.
A conveyancer will write to the governing Rushcliffe local authority to reveal the applicable council tax rates, which will then be set out in the report on title. Correct rates for homes in Ruddington are tabled online at the Rushcliffe local authority site. On, 08 January 2013, the different rates are:
Conservation areas denote local areas of 'special architectural and historic interest'. The benefits of such restrictions will include protection for trees and other flora, but they create additional maintenance and repair responsibilities.Q.
If you choose a solicitor referred through this route, you may have the benefit of the agent's willingness to encourage a solicitor to wrap up the process as soon as possible, however, such referrals should be considered carefully, as an agent may select the firm which pays to the largest referral fee, not the best value for you.Q.
Conveyancing searches are a set of questions requested by your property solicitor. Searches deal with the legal condition of the property's title.Q.
Your Ruddington conveyancing solicitor should always include flood searches if the standard search flags up a significant risk of flooding in Ruddington
Sometimes buyers also converse with a neighbour of the property to get further information.