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Transfer of Equity in Consett

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.

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Remortgage Solicitors Consett

Homeward Legal's panel of solicitors carry out remortgage conveyancing for Consett clients every week.

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Conveyancing in Consett Q & A's

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Ask Lorraine a question

Updated: 27/10/16

Relevant local Consett travel and services facts and figures -

The nearest station to Consett is Stocksfield and the closest airport to Consett is Newcastle Airport (14 miles).

Shotley Bridge Consett is a nearby hospital.


I am trying to find the cheapest conveyancing solicitors in Consett. What should be watch out for?


Many firms promote so-called cheap conveyancing quotes. However extra fees will be included in the small print. Busy, stressed buyers ignore these terms at their peril. Additional charges listed in the small print should be fair and clearly defined. The online quote calculator can generate an accurate statement of the legal fees for the property you plan to buy.


My estate agent has suggested the law firm that they have used before. Is it risky to instruct them?


If you choose a solicitor referred through this route, you your agent may be able to use their influence to pressure a slow solicitor to work faster. Such referrals should be compared to other online or local firms, as there is a risk that an agent may choose the conveyancer who pays out the highest referral fee, not the law firm with the best reputation.


If we are buying on the same road as a glebe in Consett, is it recommended that I get a chancel liability search?


Chancel repair liability can require property owners to cover the cost of repairs to a medieval church. Owners who have bought property prior to 2003 may be totally unaware that a liability exists if a chancel search was not carried out. A conveyancing solicitor will be able to advise as to whether a chancel search is necessary, and recommend suitable insurance. Consett Church of England properties include Christ Church.


Are charges for obtaining duplicate freehold company share certificates disbursements or fees?

Fees and disbursements ought to be identified on a conveyancing quote. These costs are fees not disbursements, and should be included in a quote.


Flood risk searches are standard procedure for home buyers but when one considers recent flooding such as the serious flooding in Sept 2012 in North East England are they the best way to identify sufficient information about the ever changing Consett flood risk area?


Your property solicitor in Consett should always get food risk searches if the enviro search flags up any kind of Consett flood risk.

It may be prudent to speak to a future neighbour for added local history.


Will a report on title compiled by the property lawyer in Consett detail the amount of council tax for a Band H property prior to exchange of contracts?


A lawyer will write to the appropriate local authority to ask about the applicable council tax charges which should be included in the conveyancer's title report. Correct rates for homes in Consett are tabled online at the local authority website.


What will the Consett conveyancing lawyer recommend if the house we are buying is situated in a County Durham planning authority conservation area and has ill-suited dormer windows fitted?


County Durham council Requisition for search and Official Certificate of Search conducted by your Consett conveyancing solicitor as part of the conveyancing will determine whether the Consett property a designated conservation area and any evidence of the appropriate permissions for changes to the property will be requested. In the event that no local authority consents be produced, your Consett conveyancer will give you professional advice on the options for example requesting an indemnity policy or getting retrospective approval.


Do I need to get a Homebuyer Report for the house purchase?


It is suggested that buyers order an inspection. It is a fact that there are a range of problems that can negatively affect a property, which are not included in your mortgage lender's valuation. These include poor drainage.