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Transfer of Equity in Shropshire

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 Shropshire

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

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 16/01/17

The closest airport to Shropshire is Wolverhampton Business Airport Airport. Birmingham Airport is 24 miles and away. Shropshire's nearest station is Codsall.

Nuffield Wolverhampton is the closest hospital for Shropshire.

Q.

We need to find an affordable conveyancing quote. What should I check?

A.

Many solicitors advertise cheap conveyancing quotes. Unfortunately additional costs will be included in the solicitor's terms. The Homeward Legal quote calculator will confirm the solicitors' fees, based on the property you are buying.

Q.

I need to exchange contracts on the legal work on a freehold flat within 6 weeks, are Homeward Legal especially fast Shropshire solicitors ?

A.

On the whole home moving lawyers are lackadaisical which can cause additional pressure to the house selling process.

Our method is different - we use leading edge IT and fast response systems . We allocate home movers a SRA lawyer who will always communicate with the total buyer and seller chain including managing agents, to fulfil a fast completion.

Q.

How much would conveyancing searches cost?

A.

Searches range in cost. The most generally useful searches include an environmental search and a drainage search.

Q.

How soon do you need to find a solicitor?

A.

In simple terms, as soon as possible. Some authors advocate holding off instruction until a chain is completed, but you will then be at a serious disadvantage in the event of a contract race, or buyer eager to move quickly.

Q.

Should we get a chancel search if I plan to buy in the parish of Adderley?

Whichever Shropshire parish you are buying in, a solicitor is likely to recommend a chancel search. Although some church councils have exercised their right to impose chancel repairs on new owners of affected property, it cannot be guaranteed that a parish which has not been subject to chancel liability in the past will not be so in future, so indemnity insurance may be advisable even if liability is unlikely.

Q.

Will a local conveyancer in Shropshire commission official or personal searches on my home purchase?

A.

The solicitor will brief you about the ideal course of action, depending on factors like building society requirements. If personal searches are used a conveyancing solicitor may try to find a search agent, for instance, Heather Poole-Gleed t/a Shropshire Property Search, 39 Victoria Road, Bridgnorth, Shropshire, WV16 4LD Tel: 01746 762242 Fax: 01746 762242

Q.

Is your solicitor team set up to complete fast the conveyancing of auction properties in Shropshire?

A.

In fact we are familiar with local and national auctions and frequently act for bidders at auction. Our specialist solicitors and licensed conveyancers have previously been instructed by countless successful bidders at national and local auctions like Acuitus, Allsop (Commercial), Allsop (Residential), Auction House London, Award Property, Barnett Ross, Baxtons, Brendons Auctioneers, Countrywide Property Auctions and Drivers Norris.

Adept buyers know to appoint a qualified property lawyer as early as possible to allow for a review of the lot well in advance of the day of the auction. Post auction day arrives a prepared lawyer will need to be able to concentrate on conclude the legal side of things in 28 days after exchange as required by the conditions of sale.

Q.

Do I need to get a chancel search? We are buying in Shropshire.

A.

The Law Lords decision in Aston Cantlow (PCC) v Wallbank in 2003 reaffirmed that 'lay rectors' of property must contribute towards the cost of church repairs. Owners who have bought property prior to 2003 may be totally unaware that a liability exists if a chancel search was not carried out. Your conveyancing lawyer can provide more details.

 
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