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Transfer of Equity in Waolstenholme

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 Waolstenholme

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

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 17/01/17

Waolstenholme is less than three miles off the M66 junction entry 1 Southbound.

The closest airport to Waolstenholme is Eccles, Barton Aerodrome Airport (13 miles). Manchester Terminals 1 & 3 Airport is 19 miles, Manchester Terminal 2 Airport is 19 miles and Eccles Airport is 13 miles away. The closest train station to Waolstenholme is Castleton.

Bury, Fairfield General is the nearest hospital to Waolstenholme.

Q.

We are trying to find affordable conveyancing. How do we get a quote?

A.

Misleading conveyancing quotes catch out many buyers, leaving them to pay sometimes £100s more than planned, and many property lawyers advertise supposedly 'the cheapest conveyancing'. However additional costs are often hiding in small print that unknowing buyers have not reviewed Additional charges which are listed in the terms should be fair and clearly defined. Any disbursements ought to be defined on any quote for conveyancing in WaolstenholmeOur quotes clearly state all legal fees for a standard conveyancing transaction.

Q.

Is it recommended that I get a chancel search if I am buying a Waolstenholme property near a church furlong?

A.

The outcome of a landmark case in 2003 reaffirmed that 'lay rectors' of property must contribute towards church repairs. Insurance may be available to protect a buyer should a Waolstenholme Parochial Church Council enforce liability.

Q.

We are buying on a brownfield site. Could the soil be contaminated by industrial waste like uranium?

A.

Steps are taken on a local and national level to identify and resolve topsoil contamination. Data on many contaminants, such as water contaminants such as bleach and asbestos, will be included in an environmental search.

Q.

What actual property will a conveyancer in Waolstenholme apply for on a Waolstenholme property?

A.

Standard conveyancing protocol is to get these searches - Local Authority (personal or official), Drainage and Water Search (CON29DW or personal), Environmental and Coal Mining, and possibly specific local Waolstenholme searches, like a Planning report.

Q.

Our mortgage lender is Barnsley Building Society - is there anything I need to know?

A.

House buyers should know that a small number of lenders have decreased the number of firms on their approved panel. For buyers, this can result in significantly increased conveyancing costs. We will act for many mortgage lenders.

Q.

Are there many buyers in Waolstenholme gazumped?

A.

Gazumping takes place when a low offer is rejected, following initial acceptance, by the property seller, in preference to a second buyer's offer. Although being gazumped is less common in a declining market, there will always be a chance. To reduce the likelihood of being gazumped, consider instructing your conveyancing solicitor early, and even before acceptance of an offer.

Q.

Why does conveyancing for a sale require weeks?

A.

The Waolstenholme conveyancing process may potentially be delayed even in the best of circumstances. Sometimes, the causes are out of your solicitor's control, Homeward Legal, however, do our best to reduce their impact if it can be achieved. Reasons for delay include slow solicitors acting for the other side.

Q.

Do we need to opt for the property solicitor suggested by our estate agent in Horwich?

A.

If you choose a conveyancer referred through this route, you your agent may be able to use their influence to reduce delays in the conveyancing process. However, if they are paid a referral fee, some agents may 'recommend' the solicitor willing to pay the highest referral fee, not a firm with local expertise and a solid reputation.

 
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