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Transfer of Equity in Trafford

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 Trafford.

Remortgage Solicitors Trafford

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

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 15/01/17

Motorists are well served with Trafford enjoying good road access nearby at 1.4 miles of Junction 8 Westbound of the M60.

Eccles, Barton Aerodrome Airport is 4 miles from Trafford. Liverpool John Lennon Airport is 22 miles, Manchester Terminals 1 & 3 Airport is 6 miles, Manchester Terminal 2 Airport is 5 miles and Eccles Airport is 4 miles away. The closest train station to Trafford is Navigation Road.

Trafford General is a relatively close hospital to Trafford.

Q.

How do I get the best rates for conveyancing for a £319,000 property?

A.

Various solicitors purport to offer 'the cheapest conveyancing quotes'. Often extra charges will be included in small print which unwary buyers fail to check. The disbursements to be paid ought to be defined on a Trafford conveyancing quote. Our quotes are not estimates, stating all the solicitors fees you will pay for a standard sale or purchase.

Q.

What type of local environmental checks concerning the uncertain risk of flooding to properties in Greater Manchester will my conveyancing solicitor in Trafford be able to carry out?

A.

Your property conveyancing lawyer makes an application for standard formal conveyancing searches that will include Trafford area flood risk information. A more detailed Greater Manchester database search (e.g Homecheck) will sometimes be advocated by a Trafford lawyer if in the event that the enviro. search show that there is flood risk to the property.

Q.

Does 'fixtures and fittings' include things like tables?

A.

In the main, fixtures are fixed to walls and other surfaces and fixtures are free-standing items, like lampshades. This may not considered until it is too late, making the approval of the list of fixtures and fittings essential.

Q.

The property being bought is on a ex-industrial use land. Possibly cobalt (Co) top-soil contamination may be an issue.

A.

Soil contamination is monitored frequently. Data on many contaminants, such as chlorinated solvents, will be included in an environmental search.

Q.

Which Trafford areas are eligible for disadvantaged area relief?

A.

Disadvantaged areas in Trafford are identified by ward, and affected areas include Talbot, Clifford and Bucklow. Update: As of the 2013/14 tax year, stamp duty relief for disadvantaged areas is no longer available.

Q.

Co-operative Bank is going to be our mortgage lender, what will we need to check?

A.

Some lenders are now limiting the firms who can act for them, which may result in increased legal costs for purchasers. We will act for many lenders to ensure that you will not need to pay the lender's costs.

Q.

I have got a conveyancing quote from you. Could I be charged any extra charges when the move completes?

A.

Our solicitors never charge any additional charges regardless of circumstances. Your conveyancing quote is an accurate price.

Q.

Is it a silly move to take care of the conveyancing myself on my own.

A.

In theory there is no argument why a home seller cannot conduct bulk of the legal process yourself. In reality however, a property solicitor takes care of a large number of actions including chasing deeds and DS1 documents and registering the new title owner some of which require a qualified professional. In any event however, lawyers are required to get appropriate indemnity insurance to safeguard you in the event of any oversights.

 
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