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Transfer of Equity in Waltham

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 Waltham

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

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 28/11/16

The closest station to Waltham is Grimsby Town, about 3 miles away. Waltham's nearest airport is Kirmington, Humberside International Airport (11 miles s).

Grimsby, Diana, Princess of Wales is the most convenient hospital for Waltham.

Q.

How do we find affordable conveyancing?

A.

Confusion over this matter catches out many buyers, and can leave them paying far more in fees than they budgeted. Many firms claim to offer theoretically cheap conveyancing. Unfortunately extra charges are often hiding in the small print which unwary buyers fail to check. The disbursements to be paid ought to be listed on the quote. The Homeward Legal quote calculator will confirm the exact legal fees based on the property you are buying.

Q.

Which factors can contaminate land in Waltham. Are they a problem?

A.

Property will be contaminated by a broad range of factors caused by man and by nature, and factors including sand or clay quarries will be considered as part of the environmental searches.

Q.

As a consequence of the major flooding in Sept 2012 in the East Midlands I am questioning whether environmental searches aren't detailed enough?

A.

A good Waltham property lawyer should apply for informative environmental searches if the standard search flags up any kind of risk.

It may be prudent to speak to a neighbour or local resident for some extra information.

Q.

Do I need to get a homebuyer report?

A.

The Royal Institution of Chartered Surveyors strongly advise that home buyers in Waltham instruct a home surveyor to undertake a survey. There can be a range of issues that have a negative impact on a property, such as insect infestation. Such issues will not be considered during the conveyancing work itself.

Q.

If my family are purchasing near priory land in Waltham, do you advise that I get a chancel liability search?

A.

Chancel repair can require some residential property owners to contribute towards repairs to a medieval church. Liability has the potential to impact the value of a property, but insurance is available should an obligation to fund repairs be enforced. Churches in Waltham which may give rise to chancel liability include All Saints and St Bartholomew.

Q.

We are intending to buy a home in the parish of Cadney cum Howsham. Will a chancel search be needed?

A.

A conveyancer should confirm that a chancel search is ordered, irrespective of the parish where the property being bought is found. Although some parish councils have taken the decision to charge chancel repairs on the current owners of affected property, there is no way to be certain that a parish in which lay rectors have not been expected to pay chancel repair dues recently will continue to be free from liability, so indemnity insurance may be advisable even if liability is unlikely.

Q.

How long does the conveyancing process require, according to your estimates? If it matters, we are purchasing a flat in Waltham.

A.

On average, the number of weeks needed to sell or purchase residential property may vary. This is according to several issues including whether the property is leasehold. Our lawyers strive to ensure your move is undertaken with the utmost care and speed.

Q.

Do your lawyers advise on the conveyancing of auction properties in Waltham?

A.

Our company is very capable working with buyers and sellers at auction. Solicitors often encourage buyers to decide on a CQS property conveyancing lawyer in advance of the day of the auction so there is time for a review.

Following the day of the auction a lawyer should be focused on get through all of the legal work inside the 28 day time frame, a normal requirement of conditions of sale.

 
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