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Transfer of Equity in Wrexham

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 Wrexham

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

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 03/12/16

Wrexham Central station is about 1 mile from Wrexham and Wrexham's nearest airport is Howarden Airport (9 miles). Liverpool John Lennon Airport is 22 miles and away.

Maelor is the neighbouring hospital.

Q.

How do we find fixed rate conveyancing?

A.

Many online and high street firms purport to offer 'the cheapest conveyancing', but extra charges are often hiding in the solicitor's terms of engagement. This small print is often not read by home owners in a hurry. Your Wrexham conveyancing quote must also state costs to be paid to third parties, such as the Land Registry, (disbursements). Extra charges included in the terms ought to be clearly defined. Our online quote calculator will generate an accurate quote for your transaction.

Q.

Is contaminated land a concern in Wrexham?

A.

Numerous of contaminants can reduce the value of property in Wrexham. Contaminants including hazardous and regulated installations and sand or clay quarries should be reported on during conveyancing searches. Contamination in Wrexham can be caused by local waste sites, such as Moel Garregog, Pant, Clwyd, LL11 3AE.

Q.

How do you calculate Stamp Duty Land Tax and how much will it be on a £330000 property?

A.

Stamp Duty in Wrexham will depend on the purchase price of the house. It will be £9900 on a £330000 house or flat in Wrexham.*

*Correct March 2013

Q.

Should we select the property lawyer suggested by my estate agent in Torfaen?

A.

It is not uncommon for estate agents to refer a conveyancing firm. If the agent is paid a referral fee, however, it may be

the case that the agent recommends whichever firm pays the most per referral, not the most appropriate choice.

Q.

We are buying in Wrexham on a new-build brownfield site. Is the topsoil likely to be contaminated by waste minerals like cobalt (Co)?

A.

Wrexham's local area has a history of contamination from industrial or agricultural, like much of the UK. Other sources of contaminated land include herbicides.

Q.

We are buying a converted chapel in the parish of Llandegla. Is a chancel search compulsory?

A.

Whichever Wrexham parish you are purchasing in, a solicitor may suggest a chancel search. Chancel repair can be imposed on new owners of a property where Parochial Church Councils may have spared previous owners or tenants. For property in the parish of Llandegla, it is not safe to rely on the historical behaviour of the parish council alone as a guide.

Q.

How many mortgage lenders in Wrexham do you work with?

A.

Most lenders in Wrexham are on our Wrexham solicitors' panel. Lenders and mortgage specialists in Wrexham include Mortgage Advice Bureau, 35-37 King St, Wrexham, LL11 1HR.

Q.

Are your low cost solicitors that experienced enough to complete fast the legal conveyancing of residential property auction properties in Wrexham?

A.

Yes - In fact we put together legal documentation for vendors and often do the legal conveyancing sellers at auction. Our specialist lawyers have previously been instructed by many successful bidders at regional auctions that, amongst others, include Acuitus, Allsop (Commercial), Allsop (Residential), Auction House London, Award Property, Barnett Ross, Baxtons, Brendons Auctioneers, Countrywide Property Auctions and Drivers Norris.

Canny buyers always pick an experienced lawyer as rapidly as they can to allow time for a title report of the property's legal title well before the property auction.

 
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