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Transfer of Equity in Shrewsbury

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.

Get an instant quote for a transfer of equity in Shrewsbury.

Remortgage Solicitors Shrewsbury

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

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 21/01/17

As calculated by the 2011 national census Shrewsbury's population is 342,140 spread over an area of 1,500,094 acres (607,068 hectares) meaning a density of population of 0.2 people per acre (0.6 per hectare).

The nearest airport to Shrewsbury is Trehelig, Welshpool Airport. Trehelig Airport is 18 miles and Wolverhampton Business Airport Airport is 25 miles away. Shrewsbury's nearest train station is Shrewsbury at 1 mile s.

The nearest hospital is Nuffield Shrewsbury.

Q.

How do we get fixed rate conveyancing?

A.

This catches out many property buyers and sellers, and can leave them paying far more in conveyancing fees than they budgeted. Many solicitors claim to offer so-called 'the cheapest conveyancing quotes', but additional costs can increase the final invoice. Any extra fees should be reasonable. The online quote calculator can generate an accurate statement of the legal fees for the property you plan to buy.

Q.

How do I get out of paying out for SDLT?

A.

Homeward Legal firmly advise against any stamp duty mitigation. Such schemes are expensive and unreliable.

Q.

We are buying in Shrewsbury on a new development former industrial site. Is the soil possibly contaminated?

A.

There are laws in place to curtail soil contamination. Metal contamination of soil in Shrewsbury is more likely to occur near ex-industrial sites or ex-landfills. Data on other contaminants, like organohalides, will also be included in an environmental search.

Q.

How many weeks does the conveyancing process generally need? I am buying in Shrewsbury.

A.

The length of time taken to transact residential property varies, affected by a number of issues. These could include matters where a property has a mortgage. Homeward Legal strive to ensure the matter receives communicative and proactive service, resulting in the fastest possible outcome.

Q.

Unforeseen circumstances mean we want to exchange on the sale of our auctioned maisonette asap, do Homeward Legal introduce any fast Shrewsbury conveyancing solicitors ?

A.

Regularly home moving solicitors are slow which brings even more anguish to the property moving process. Homeward Legals solicitors are proactive and endeavour to communicate to the whole buyer and seller chain and that use new document and form assembly systems to drive through your sale to your preferred move date.

Q.

Are there many purchasers in Shrewsbury gazumped?

A.

Gazumping occurs when a seller agrees to one buyer's offer, only to refuse it in favour of a greater offer. The risk of gazumping exists for almost any purchase. Instructing a conveyancing solicitor as early as possible to handle your transaction should help to reduce the likelihood of gazumping.

Q.

Do Homeward Legal get involved in auction conveyancing in Shrewsbury?

A.

Our recommended conveyancing firms in Shrewsbury regularly do the legal work for sellers at auction. Homeward Legals panel of solicitors and conveyancers have worked for numerous buyers at local Shrewsbury property auctions that, amongst others, include Acuitus, Allsop (Commercial), Allsop (Residential), Auction House London, Award Property, Barnett Ross, Baxtons, Brendons Auctioneers, Countrywide Property Auctions and Drivers Norris.

Canny bidders tend to get a lawyer as quickly as they can to allow time for a full review of the sellers pack in advance of the auction day itself. Post auction, your lawyer must be prepared for complete the legal side of things within 28 days as usually required by the standard auction conditions.

Q.

In about four weeks we are looking to move from our period building near Shrewsbury into our new flat in Oswestry , at what point to book a removals firm?

A.

Most solicitors tend to suggest that buyers hold off organising removals until after the contracts have exchanged as commonly an absolute home moving date will not have been formally agreed.

Local removals firms include Coles Transport Services Ltd, Glencoe Yard, Walford Heath, Shrewsbury, SY4 3AZ Phone: 0800 048 4327 or Storage King Shrewsbury, Archers Way, Battlefield Enterprise Park, Shrewsbury, SY1 3GA Tel: 01743 464400.

 
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