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Transfer of Equity in Woodstock

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 Woodstock

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

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 07/01/17

Local Woodstock attractions

Blenheim Palace Waterfall, Blenheim Palace Historic Houses Association and Northington Grange English Heritage are near to Woodstock.

Hanborough station is around 2 miles from Woodstock. Woodstock's closest airport is Kidlington, Oxford Airport. Turweston Aerodrome Airport is 17 miles and Kidlington Airport is 3 miles away.

The most convenient hospital is Witney.

Q.

How do we find fixed rate conveyancing?

A.

Numerous solicitors promote supposedly cheap conveyancing. Often extra costs are frequently hidden in the solicitor's terms. Extra costs needs to be reasonable. They be applicable solely where the solicitor must complete additional work , which could not be anticipated at the start of the process. Applicable disbursements must also be stated on your quote

Q.

Environmental searches are computed from archived records but when one considers recent flooding for example the Met Office projecting more intense rainfall in the future, are they actually good enough to identify enough about the changing local Woodstock flood risk?

A.

Conveyancing and environmental searches handled by a solicitor in Woodstock should include a more rigorous Landmark flood search if it is felt necessary.

If you are still concerned it may be worth trying to approach a next door neighbour.

Q.

When you are buying in Woodstock, is it necessary that we get a chancel search?

A.

The outcome of Aston Cantlow (PCC) v Wallbank in 2003 reaffirmed that 'lay impropriators' of property must cover the cost of church repairs. A number of sources are used to identify liability, including maps of Woodstock's parish boundaries.

Church properties in the area where chancel liability may apply include St Mary Magdalene Church.

Q.

What amount of time will we plan for the legal work to buy a property need in Woodstock?

A.

The time taken to transfer a property does vary, dependent on potentially many legal considerations including if the property being bought or sold is leasehold. Eight to twelve weeks is the industry-wide average, whereas Homeward Legal aim to complete the process within six weeks.

Q.

What causes purchase conveyancing work to be so delayed?

A.

The legal work required to buy or sell a home will occasionally take more time than budgeted for many reasons. Some delays are out of a solicitor's control, Homeward Legal, however, aim to diminish the impact of these delays, if it is possible to do so, by, for example, ordering searches as early as possible.

Q.

What sort of local checks regarding the risk of local flooding in the Oxfordshire region will a Woodstock property solicitor be able to conduct?

A.

An important component in the legal due diligence process carried out when buying a property involves a conveyancer making an application for conveyancing searches (environmental) that provide specific information on the local Woodstock flood risk. Furthermore, your property solicitor in Woodstock might possibly advise a more involved (e.g. Landmark) in-depth local Woodstock area search.

Q.

The estate agent we are using in Deal has referred the conveyancing solicitor that they have used before. Is it advisable to use them?

A.

Your Deal agent may recommend a conveyancer, however, such referrals should be compared to other online or local firms, as an agent may choose the solicitor willing to pay the highest referral fee, not a firm with local expertise and a solid reputation.

Q.

Could tin (Sn) contaminate land in Woodstock?

A.

Woodstock agriculture or industry can cause soil contamination. Environment search results will factor contaminants, including metals and others such as disinfection by-products.

 
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