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Transfer of Equity in Wem

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 Wem

Homeward Legal's panel of solicitors carry out remortgage conveyancing for Wem 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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or call us: 0800 038 6699


The Conveyancing
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Conveyancing in Wem Q & A's

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 20/01/17

Wem station is around a mile from Wem and the closest airport to Wem is Trehelig, Welshpool Airport (23 miles). Trehelig Airport is 24 miles and Howarden Airport is 25 miles away.

Whitchurch is the closest hospital for Wem.

Q.

I am trying to find fixed rate Wem conveyancing. and what is included?

A.

The confusion over this topic catches out many property buyers and sellers, and can leave them paying far more in fees than they budgeted. Many solicitors advertise 'the cheapest conveyancing quotes', however extra charges will be included in the solicitor's terms that property buyers and sellers often do not check. Applicable disbursements ought to be listed on your quote. We offer quotes, not estimates, and clearly state all legal fees you pay for a standard conveyancing transaction.

Q.

Can I avoid paying out for stamp duty?

A.

Stamp duty reduction scheme should be treated with extreme caution in Wem. Such schemes are costly and HMRC may challenge a scheme up to six years later imposing penalties and investigating all your tax matters.

Q.

What will the cost of conveyancing searches total?

A.

The cost of searches greatly varies, depending on the searches required. Conveyancing searches are disbursements paid to a third party, and are charged at cost.

Q.

How much time will conveyancing usually require, on average? We have a buyer ready.

A.

For the majority of home movers, the number of weeks taken to transfer a house varies, affected by a number of considerations such as if the property being bought or

sold is leasehold. Our solicitors work hard to ensure every sale is handled quickly, and to the highest standard of service.

Q.

Which factors assist with aiming for fast legal work?

A.

As is often reported, contacting a experienced property lawyer is essential to buying faster. There are, however, several tasks you as the purchaser could do, such as, contacting your property lawyer regularly, answering any queries raised by the property lawyer as soon as possible and if you intend to get a house survey, doing so as early as you can.

Q.

Does your solicitors firm manage the conveyancing for auction properties in Wem?

A.

Our company is familiar with bidders at auction. Regularly unusually constructed buildings e. g. uninsurable property are purchased at auction and these will want more due diligence. Solicitors therefore recommend that buyers at auction select a lawyer before the auction to allow enough time for a title report of the property's legal title.

Subsequently, immediately after the date of the auction a solicitor has to be prepared for get through the auction conveyancing process within 28 days as required by the terms of sale.

Q.

We are anticipating to move from our terraced home in Wem into our new home in Shifnal , at what stage to select a house removal firm?

A.

Most lawyers usually encourage you hold off until after contracts have exchanged because generally a home moving date wont have been confirmed. Try Comerford Removals, 10 Market St, Wem, Shrewsbury, SY4 5EA Tel: 01939 234404.

Q.

Harpenden Building Society is our lender - is there anything we need to know?

A.

Until recently, most solicitors could act for the majority lenders. A small number of lenders have reduced their 'solicitor panel'. For home buyers, this can result in significantly greater legal costs. Homeward Legal are able to act on behalf of many lenders in the UK.

 
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