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Transfer of Equity in Worcester

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 Worcester

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

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 06/12/16

As confirmed by the 2011 census Worcester's population is 287,414 spread over an area of 124,873 hectares (308,567 acres) which equals a density of residential population of 2.3 people per hectare (0.9 per acre).

Worcester's nearest station is Worcester Foregate Street. The closest airport to Worcester is Defford Airport (disused) Airport (7 miles). Gloucester Airport is 21 mile s, Wolverhampton Business Airport Airport is 23 miles and away.

Drivers are well served with Worcester having good road access very close at approximately three miles of Junction 7 Northbound of the M5.

Q.

Worcester attractions and landmarks

A.

The Greyfriars National Trust Worcester St Swithun Churches Conservation Trust and Spetchley All Saints Churches Conservation Trust are around Worcester.

The nearest hospital is Worcester, South Bank.

Q.

I need affordable conveyancing, we are on a tight budget.

A.

Many buyers and sellers seeking discount conveyancing are caught out by the lure of very low conveyancing rates. Many firms promote 'the cheapest conveyancing'. Often additional fees are often hiding in the small print, left unread by preoccupied buyers and sellers

Q.

Which local authority looks after Worcester?

A.

Worcester is located in Orchard House Farrier Street, Worcester, WR1 3BB phone: 01905 722233

Q.

Environmental searches are standard procedure for home buyers but in light of recent events such as the widespread flooding in 2012 in the Midlands are they the best way to report sufficient information about the Worcester future flood risk?

An experienced lawyer in Worcester will recommend that you get conveyancing and environmental searches if the enviro search spots a significant risk.

You could always contact a close neighbour for additional further information.

Q.

Is a deed of assignment a fee or a disbursement?

A.

It is not always obvious whether a charge is a fee or disbursement. This charge,e.g., is a fee not a disbursement, and should be included in your conveyancing quote. Any associated disbursement costs will, however, be passed on..

Q.

What type of research about the risk of flooding in Hereford and Worcester will the property lawyer in Worcester give details on?

A.

A residential property solicitor will carry out standard formal property environmental searches that should include Worcester flood risk area information. A significantly more specialist search (e.g. Landmark) could possibly be advised by a Worcester conveyancing solicitor if the results of the environmental search highlight a flood risk.

Q.

Will we need a building survey?

A.

It is highly recommended that you arrange a surveyor to perform a survey. Buyers should be aware that there are a wide range of defects which affect a property, for example poor drainage. Such issues will not be considered during the conveyancing work itself.

Q.

How many weeks can conveyancing to transfer a home take, in your experience? We are selling in Worcester.

A.

The amount of time needed to transfer a home may vary. This is dependent on a broad set of legal considerations which may include if a third party is slow to respond. Our conveyancing solicitors strive to ensure a sale, purchase or transfer of equity is undertaken with the utmost care and speed.

Q.

The vendor appears to have fitted chimney stacks on the flat which we think may violate The Canal conservation area guidelines.

A.

Worcester council LLC1 searches conducted by a property lawyer in the process of the conveyancing will confirm whether the property is inside a designated conservation area and evidence of local authority approval for additions to the property will be asked for.

 
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