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Transfer of Equity in Westhoughton

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 Westhoughton

Homeward Legal's panel of solicitors carry out remortgage conveyancing for Westhoughton clients every week.

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Conveyancing in Westhoughton Q & A's

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 29/11/16

Westhoughton's closest airport is Eccles, Barton Aerodrome Airport. Liverpool John Lennon Airport is 20 miles, Manchester Terminals 1 & 3 Airport is 17 miles, Manchester Terminal 2 Airport is 17 miles and Eccles Airport is 8 miles away and the closest station to Westhoughton is Westhoughton, approximately a mile away.

Motorists are well served with Westhoughton being well placed with very good motorway access very close at about 1.5m of Junction 5 Northbound of the M61.

Lostock, The Beaumont hospital is relatively close to Westhoughton.

Q.

I need a cheap solicitor to buy a new build home. because we are on a limited budget.

A.

Many firms purport to offer supposedly 'the cheapest conveyancing quotes'. Often additional charges are frequently hidden in the solicitor's terms which property buyers and sellers may have not read carefully Any additional charges listed in your solicitor's terms needs to be reasonable. Third party costs, termed disbursements, to be paid should also be clearly stated on your conveyancing quote. Our quotes clearly state all legal fees for a standard conveyancing transaction.

Q.

What are Westhoughton's 'conveyancing searches'?

A.

These searches are an accepted collection of enquiries ordered by your conveyancer, such as a mining search. These searches provide much needed information, however they only relate to legal-related matters.

Q.

Which environmental factors can impact land in Westhoughton. Will they be checked for comprehensively?

A.

Property could be contaminated by several human activities, and an environmental search will reveal the extent to which a property is affected by Westhoughton contaminants like air pollution. Land Off Lostock Lane, Lostock Lane, Lancashire, BL6 may be one source of local contamination.

Q.

Please recommend how to get out of paying out for stamp duty?

A.

Stamp duty reduction scheme is not advised when buying in Westhoughton. These schemes are highly expensive and HMRC may challenge a scheme up to six years later and the total stamp duty tax may be payable. There have been several official schemes, however, such as for first-time buyers.

Q.

Which specific search enquiries will a conveyancing solicitor in Westhoughton get on a Westhoughton building?

A.

The standard legal procedure is to obtain Local Authority (personal or official), Drainage Search, Environment Search and Coal Mining (Con29M) and, depending on certain criteria, area-specific searches such as Development reports.

Q.

Does 'fixtures and fittings' include things like sofas?

A.

Generally speaking, fixtures are fixed to the property and fixtures are easier to detach or remove. A fixtures and fittings form can avoid any disputes, stating what is included with the sale.

Q.

I am planning on buying a sixties flat within a conservation area, where can I lay my hands on information on the state of upkeep?

A.

Following a campaign, English Heritage have put together information about the state of repair of conservation areas along with the exposure to deterioration or improvement. Conservation areas in Westhoughton are specified by Bolton who are responsible for things like public spaces to the inhibition of traffic signs.

Q.

How much is the council tax on a Fifties mid-terrace Band G property in Westhoughton?

A.

As a rule the report on title should provide the relevant Bolton council tax band. The correct charges for Westhoughton are tabled at the Bolton local authority website. At the time of writing, 18 June 2012, rates for all bands are:

  • Band A - £943.00
  • Band B - £1,100.00
  • Band C - £1,257.00
  • Band D - £1,414.00
  • Band E - £1,728.00
  • Band F - £2,043.00
  • Band G - £2,357.00
  • Band H - £2,828.00

 
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