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Transfer of Equity in Worcestershire

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 Worcestershire

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

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 13/01/17

Worcestershire's closest airport is Wolverhampton Business Airport Airport. Birmingham Airport is 19 miles and away. Stourbridge Town train station is around 2 miles from Worcestershire.

Corbett Amblecote is the closest hospital to Worcestershire.

Q.

What are the best rates for conveyancing for a 567,000 property?

A.

Many solicitors promote theoretically cheap conveyancing, but additional fees are often hiding in the small print which unwary buyers fail to check. Any extra costs which are listed in the solicitor's terms should be clearly defined. The conveyancing quote should state any disbursements.

Q.

How long should conveyancing to transact an apartment take, in your experience? We have a buyer ready.

A.

The length of time taken to sell or purchase a house can vary, according to a range of issues which may affect the property. With Homeward Legal, the matter receives fast and efficient service.

Q.

What local factors can impact land in Worcestershire, and will they be checked for comprehensively?

A.

Property could be contaminated by a broad range of natural causes, and an environmental search should reveal if a home may be affected by contaminants in Worcestershire including pollution incidents or overhead transmission lines.

Q.

As a result of the worrying amount of flooding in the UK in April 2012 we are thinking that property environmental searches might not be thorough enough?

A.

Flood risk searches handled by your Worcestershire property solicitor will also include the more rigorous flood search if it is felt necessary.

If you remain still worried you could attempt to contact a close neighbour.

Q.

I am planning to buy in Worcestershire. Are there any conservation areas?

A.

Locales deemed to be of architectural merit, such as fishing villages, will be registered as conservation areas. These restrictions can make repairs more costly or time-consuming, but the benefits will include protection for parks and green spaces.

Q.

Could Worcestershire soil be contaminated by barium?

A.

Soil contamination is closely checked. Various bodies hold data on land contaminants affecting Worcestershire, including local authorities.

Q.

Is a deed of postponement passed on at cost?

A.

It may be unclear if an itemised charge is a disbursement or fee. This charge is a fee not a disbursement, and should be included in a quote for your conveyancing.

Q.

For a residential property valued at £646000. What should be assessed for stamp duty tax?

A.

The Stamp Duty rate due will depend on a small range of considerations, including the property's value. On a £646000 house in Worcestershire, stamp duty will be £25840.*

*This information accurate as of March 2013

 
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