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Transfer of Equity in Small Heath

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 Small Heath

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

Profile photo of Clarisa McMahon

By

Ask Clarisa a question hl@syntarsus.co.uk

Updated: 05/12/16

Motorists are well catered for with Small Heath situated with very convenient road access under 3 miles of Junction 6 Southbound of the M6.

The closest airport to Small Heath is Birmingham Airport (6 miles). Coventry Airport is 18 miles and Wolverhampton Business Airport Airport is 18 miles away. Adderley Park station is about a mile from Small Heath.

Heartlands Birmingham is a nearby hospital for Small Heath.

Q.

How do we find fixed rate conveyancing?

A.

The lack of clarity surrounding this matter catches out many buyers, and can leave them paying far more in fees than they budgeted. Many firms purport to offer theoretically cheap conveyancing quotes, but additional fees may be added into the small print. Any extra charges found in the solicitor's terms should be fair. They only apply in cases where the solicitor must complete additional work , which could not be anticipated at the start of the process. The quote must also state any disbursements to be paid.

Q.

Do I need to get a surveying expert to inspect this home purchase?

A.

The Royal Institution of Chartered Surveyors strongly advise that property purchasers book a building survey when buying in Small Heath. Buyers should be aware that there are a wide range of concerns which have a negative impact on a property, for example wet rot. Such issues will not be considered during the conveyancing work itself.

Q.

What amount of time may we plan for conveyancing legal work take, according to your estimates?

A.

On average, the number of weeks taken to sell or purchase property is not wholly predictable. This wide range results from numerous issues affecting the property, such as whether the property being bought or sold is leasehold. Our conveyancers ensure every purchase is undertaken with the utmost care and speed.

Q.

When should you arrange a conveyancing solicitor?

A.

In the majority of situations, the sooner you instruct a conveyancing solicitor, the better. The legal work can then start straight away. Prompt instruction of a firm can reduce the likelihood of your transaction falling through.

Q.

We are purchasing in Small Heath. Do we need property searches?

A.

Searches are a commonly-used pack of enquiries undertaken on your behalf, such as a drainage search. They do not include information relating to a property's structure.

Q.

Will the property's form for fixtures and fittings include items such as bookcases?

A.

Usually, there is no legal definition of 'fixtures and fittings'. Completion or agreement of a fixtures and fittings form is unfortunately often left to the last minute, when a dispute may jeopordise the transaction. This makes the completion of a fixtures and fittings form essential.

Q.

Does your solicitors company deal with auction conveyancing in Small Heath?

A.

Our firm is able to act on residential property auction procedures. Usually difficult to value buildings like structurally defective property, are sold in property auctions which tend to need greater investigation. Solicitors therefore recommend bidders to choose a lawyer in advance of the date of the auction to allow time for a detailed investigation of the lot. Post auction a property lawyer has to be focused on quickly finalise the purchase in less than the usual 28 days as usually required by the auction conditions.

Q.

We are on a very small budget. Can doing the conveyancing on a DIY basis without the help of a Small Heath solicitor possibly save any cash?

A.

Legally speaking there is no argument why a buyer cant conduct the legal work without assistance. However, a solicitor handles a huge number of jobs e.g. chasing any outstanding docs and interpreting management accounts most of which need a qualified professional.

 
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