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Transfer of Equity in Sherwood

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 Sherwood

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

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 15/01/17

The nearest airport to Sherwood is Tollerton, Nottingham City Airport (5 miles). East Midlands Airport is 13 miles, Tollerton Airport is 6 miles and Gamston Airport is 23 miles away. The nearest station to Sherwood is Bulwell, about 2 miles away.

Nottingham City is a nearby hospital for Sherwood.

Q.

How do I find a cheap solicitor quote to own a house?

A.

Many solicitors claim to offer supposedly 'the cheapest conveyancing quotes', but additional costs are often hiding in the solicitor's terms of engagement, left unread by preoccupied property buyers and sellers Any disbursements must also be stated on the quote Fees needs to be fair and clearly defined and only apply in cases where the lawyer is required to complete extra work for you, which could not be anticipated at the start of the process.

Q.

Will I need a Homebuyer Report for this property purchase in Sherwood?

A.

It is strongly recommended that home buyers in Sherwood arrange a surveyor. A wide range of concerns can affect a property. These include roof damage, and these will not be addressed by your conveyancing solicitor.

Q.

Which local authority is responsible for Sherwood?

A.

Sherwood is located in Rushcliffe Borough Council, Civic Centre, Pavilion Road, West Bridgford, Nottinghamshire, NG2 5FE, contact: 01159 819 911

Q.

What length of time does I plan for conveyancing legal work generally need in Sherwood?

A.

The number of weeks required to buy or sell residential property varies, dependent on potentially many aspects, including whether a mortgage is involved. Nationwide, the average is around ten weeks, but we will, wherever feasible, work towards a six-week timescale.

Q.

We are going to buy with Barclays Bank - what do we need to consider?

A.

Over the last two years, some lenders have limited the number of solicitors who can act for them. Homeward Legal are able to act for many CML-approved lenders to keep legal costs to a minimum.

Q.

Should we use the conveyancing solicitor suggested by our local agent?

A.

Many agents will have referral deals with solicitors where they refer clients to them. Such referrals need to be weighed up against alternatives, as an agent may decide to recommend the firm which pays to the largest referral fee, not the most suitable for you.

Q.

I am intending to purchase a residence in Apesthorpe. Is a chancel search appropriate?

A.

A conveyancer might recommend a chancel search, whichever parish where the house being bought is found. In Sherwood's much older areas, chancel repair dues can be collected on the owners of a house where parish councils may have not done so in the past. It is not safe to rely on the historical behaviour of the parish council alone as a guide.

Q.

Will the costs for our conveyancing introduce any hidden charges?

A.

No. Homeward Legal's solicitors do not charge any additional costs. Some solicitor do not give accurate quotes, only estimates, which they will not be bound to.

 
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