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Transfer of Equity in Wellingborough

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 Wellingborough

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

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 27/11/16

Turweston Aerodrome Airport is 25 miles from Wellingborough. Wellingborough's nearest train station is Wellingborough.

Redcliffe Day Wellingborough is the neighbouring hospital to Wellingborough.

Q.

How do I get a cheap solicitor quote to own a home?

A.

Many conveyancers claim to offer cheap conveyancing, but extra costs are often hiding in the terms of engagement. The disbursements to be paid must also be stated on a conveyancing quote

Q.

How will my conveyancer in Wellingborough report back on the potential risk of floods at Wellingborough?

A.

A key part of the conveyancing protocol involves a lawyer making an application for environmental searches that give you detail about the potential the local Wellingborough flood risk.

Q.

Is Homeward Legal set up to move fast on the legal conveyancing of property auction properties in Wellingborough?

A.

We specialise in auctions and often get instructed by buyers and sellers at auction. It is important buyers at auction to select an auction experienced conveyancing company as fast as possible so there is time for a review of the lot well before the actual auction.

Post actual auction a prepared lawyer must be fully prepared to finish the conveyancing process inside a month as conventionally required by the conditions of sale.

Q.

If we are buying in Wellingborough, would you advise that I get a chancel search?

A.

The judgement in a landmark case 10 years ago reaffirmed that 'lay rectors' of property must subsidise church repairs. Indemnity policies can be arranged if chancel liability is likely to be enforced. A solicitor will be able to advise as to whether a chancel search is necessary, and recommend suitable insurance. Church of England properties in the area include St Mary The Virgin, St Andrew, St Barnabas and St Mary The Virgin.

Q.

Are charges for obtaining copies of building regulation approval disbursements or fees?

A.

All fees and disbursements should be clearly stated on a quote for your conveyancing. These costs are fees not disbursements, and should be included in a quote.

Q.

What amount of time should the conveyancing process take, on average? The house being transacted is also in the area.

A.

The length of time taken to sell or purchase property may vary, dependent on numerous considerations which can include if there is a mortgage. For most firms in England and Wales, the average is between 8 to 12 weeks, whereas Homeward Legal drive the process forwards, completing within eight weeks.

Q.

Is a survey a good idea when we are buying residential property?

A.

We firmly suggest that all purchasers book an inspection. It is a fact that there are a range of concerns that can affect a property, which include unsafe chimney circulation. Such issues will not be considered during the conveyancing work itself.

Q.

Should I use the solicitors firm who usually works with by my local agent?

A.

Agent recommendations are a common path for purchasers to get a solicitor. However, if they are paid a referral fee, there is a risk that an agent may choose the solicitor willing to pay the highest referral fee, not the law firm with the best reputation.

 
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