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Transfer of Equity in Telford

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 Telford

Homeward Legal's panel of solicitors carry out remortgage conveyancing for Telford clients every week.

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Conveyancing in Telford Q & A's

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 20/01/17

As confirmed by the most recent census (2011), Telford's population is 212,061 spread over an area of 200,195 acres meaning a residential population density 1.1 people per acre.

Wolverhampton Business Airport Airport is 14 miles from Telford. and Telford Central train station is approximately a mile from Telford.

Motorists are well catered for with Telford enjoying excellent major road access around 1/2 mile off the M54 Junction 5 Eastbound.

Q.

Local Telford attractions

A.

Telford Shrop Windmill, Stirchley St James Churches Conservation Trust and Buildwas Buildwas Abbey English Heritage are around Telford.

The nearest hospital is Princess Royal, Telford.

Q.

How can we ensure our cheap quote is fixed? We are trying to find a discount conveyancing quote.

A.

This catches out many sellers and buyers, and can leave them paying far more in fees than they budgeted, and many firms advertise 'the cheapest conveyancing quotes'. Unfortunately additional costs are frequently hidden in the solicitor's terms of engagement. Your conveyancing quote must also state costs to be paid to third parties, like the local authority, (disbursements). Any additional fees listed in terms of engagement needs to be reasonable.

Q.

As a consequence of the widespread flooding in 2012 in the Midlands, I am questioning if flood searches might not be thorough enough?

A.

Environmental searches applied for by your property solicitor in Telford should also include the far more detailed flood search if required.

You can also get in touch with a neighbour of the property to gain added peace of mind or local Shropshire flood damage expert - e.g. Rainbow International, Rainbow House/78 New Rd, Madeley, Telford, TF7 5DD Tel: 01952 680470.

Q.

We are going to buy a converted investment property in a Telford conservation area, where does one find information on the state of repair of the conservation area?

A.

Following a campaign, English Heritage maintain a detailed list about the condition of conservation areas along with the vulnerability to deterioration or improvement. Conservation areas are specified by Telford and Wrekin who administer everything from paths to street guard rails.

Q.

Why does purchase conveyancing work take such a long time?

A.

The legal work required to buy or sell a house or flat may be lengthy. We understand how frustrating these are and strive to curtail their impact by proactively handling all enquiries. Delays may include waiting for responses from third parties.

Q.

Of the major Telford mortgage lenders, which firms are on your panel?

A.

Of lenders with local branches in or near Telford, we beside many. Telford lenders and mortgage specialists include Skeats Nigel E, 2 Woodrush Heath, The Rock, Telford, TF3 5DL.

Q.

In a few weeks I am likely to be moving from our semi detached building in Telford to our new home in Shrewsbury , what is the optimum stage to select a removals firm?

A.

Your solicitor would will encourage buyers and sellers hold off arranging removals until exchange of contracts because an actual date will not have been firmed up.

For a local Shropshire firm Baileys Removals, 10 Beckbury Dr, Stirchley, Telford, TF3 1EN Phone: 01952 501863 or Day By Day, 1 Silvington Cl, Stirchley, Telford, TF3 1RW Tel: 01952 590674.

Q.

Is a PI contribution a disbursement or fee?

A.

Comparing quotes is not always easy, considering differences in terminology. This cost is a fee not a disbursement, and should be included in the quote for your conveyancing.

Q.

If I am buying in Telford by a 17th Century rectory manor, is it advisable that I get a chancel liability search?

A.

Chancel repair liability can require home owners to fund repairs to older church buildings. Following a change in the law, interest over any affected land must be registered by October 2013. Ecclesiastical properties in the area include Priorslee St.Peters, River Community Church, St Georges and Wombridge St.Mary and St.Leonard.

 
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