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Transfer of Equity in Wolverhampton

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 Wolverhampton

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

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 03/12/16

As reported in the 2011 census, The usual residential population of Wolverhampton 395,857 spread over an area of 139,398 acres giving a density of residential population of 2.8 people per acre.

The nearest airport to Wolverhampton is Wolverhampton Business Airport Airport. Birmingham Airport is 20 miles and away. Wolverhampton station is approximately 1 mile from Wolverhampton.

West Park Wolverhampton is the nearest hospital.

Q.

How do we find a cheap solicitor in Wolverhampton to purchase a leasehold home?

A.

This topic affects many buyers who opted for a very cheap quote, only to be stung later in the conveyancing process. Many solicitors promote theoretically 'the cheapest conveyancing', however extra charges are often hiding in the terms of engagement, left unregarded by busy buyers Charges found in terms and conditions should be fair. We provide quotes, not estimates, and clearly state the fees for a standard conveyancing.

Q.

Apparently, selenium (Se) soil contamination may be an issue in Wolverhampton. Can you advise?

A.

Most soils in Wolverhampton have some degree of contamination, from industry, agriculture and the natural environment . Data on many contaminants, such as trichloroethylene, will be included in an environmental search.

Q.

I am considering purchasing a property in Low Hill. Are we eligible for disadvantaged area relief?

A.

Wolverhampton disadvantaged areas are identified by council ward. Disadvantaged areas in the local area Wolverhampton include Bilston East, Bilston North, Blakenhall, Graiseley, St. Peter's, East Park, Fallings Park, Ettingshall, Heath Town, Bushbury and Low Hill. Update: As of the 2013/14 tax year, stamp duty relief for disadvantaged areas is no longer available.

Q.

In Wolverhampton, is topsoil remediation of contaminated land an option?

Some degree of remediation is possible is some cases, though expensive, but this is generally the responsibility of local authorities to arrange. For further information, contact S J B Turf, Greenacres Nurseries/Blackpit La, Lower Penn, Wolverhampton, WV4 4YA.

Q.

Environmental searches are assessed from archived information but when one considers recent flooding e g the extensive flooding in 2012 in the Midlands, are they in fact the ideal way t advise on enough about the evolving Wolverhampton risk of flooding?

A.

Property conveyancing searches handled by the Wolverhampton conveyancing solicitor will also include a more thorough flood search if it is felt necessary.

It may be sensible to speak to a future neighbour to gain added peace of mind or nearby Birmingham and the Black Country flood repair builder, try Midland Restoration Ltd, The Old Dairy/Clive Rd, Pattingham, Wolverhampton, WV6 7EN Tel: 01902 701410.

Q.

Should we get a chancel search if I am intending to purchase in the parish of Meole Brace?

A.

Your conveyancing solicitor could advise a chancel search, whichever parish where the residence being bought is found. Although some Parochial Church Councils (PCCs) have taken the decision to exact chancel repairs on the owners of affected property, a solicitor cannot state with certainty that a parish where repair costs have not been paid before, that this will not be so in future. In the event that chancel liability may apply, your solicitor might recommend insurance rather than pulling out of the purchase.

Q.

The vendor has fitted ill-suited window frames on the maisonette which we think might possibly violate the Bantock House conservation area rules.

A.

Your instructed conveyancing solicitor to ascertain whether the property is affected by a designated conservation area, and if so, whether any alterations have the appropriate permissions.

Q.

What length of time will conveyancing require, on average? We need to move quickly.

A.

The number of weeks needed to transfer a property will vary, with reference to numerous issues affecting the property including matters where a property has a mortgage. With our specialist solicitors, your sale, purchase or remortgage is undertaken as quickly as possible.

 
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