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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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Conveyancing in Wem Q & A's

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 04/12/16

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.

Will I need to get a chancel search? I am purchasing by rectory land in Wem.

A.

Property owners near to an old church building may be required to contribute towards repairs. This is referred to as chancel repair liability. Liability has the potential to impact the value of a Wem property, but an indemnity policy may be available to protect the new owners. Your conveyancing solicitor will suggest an appropriate indemnity policy to address chancel liability. Wem Church of England properties where a chancel search may be necessary include S.Peter and S.Paul.

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.

Would arranging a building survey be necessary when we are purchasing a property?

A.

Homeward Legal recommend that most Wem buyers order a home buyer survey. It is a fact that there are many concerns that will impact a property, which will not be covered by the legal work. These can include dry rot and cavity wall tie failure.

Q.

What kind of local conveyancing searches concerning the uncertain risk of possible flooding to properties in Shropshire will my Wem conveyancing solicitor be able to conduct?

A.

An integral component in the conveyancing protocol involves your conveyancing solicitor applying for conveyancing searches that give detail regarding Wem flood risk area. On (06-Dec-08) there were no warnings around the Wealdstone Brook at Kenton at the Riverside locations and roads between Sticklepath and Taw Bridge, including Taw Green, Newland Cross, Bondleigh, Taw Bridge, vulnerable parts of North Tawton and the A3072 at Newland Mill

Q.

As a consequence of the major flooding in 2012 in the Midlands I am concerned that environmental searches aren't sufficient?

A.

Your property solicitor in Wem will consider apply for informative property environmental searches if the environmental search identifies any kind of risk of flooding in Wem.

It could be worth trying to converse with a future neighbour for more peace of mind.

Q.

I am going to sell our freehold house in a hurry at a nearby auction, will your firm allocate fast Wem property lawyers ?

A.

To be perfectly candid far too many conveyancers are just ponderous which can cause unnecessary stress to the expensive and drawn out process of home moving. Homeward Legals chosen solicitors endeavour to communicate from the beginning to the end of the buyer and seller chain and use the latest fast response and information technology systems to complete on the sale as quickly as possible.

Q.

What are Wem 'conveyancing searches'?

A.

These searches are questions raised by your conveyancing solicitor, which may include a limestone search. Conveyancing searches are highly recommended, but only relate to the legal aspects of the purchase.

 
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