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Transfer of Equity in Frenchay

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 Frenchay

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

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The Conveyancing
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Conveyancing in Frenchay Q & A's

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Updated: 21/10/16

Read about the area ;

Frenchay is very close at 0.25m of the M32 junction entry 1 Southbound.

The closest airport to Frenchay is Bristol Airport (11 miles s). Frenchay's nearest station is Bristol Parkway.

Frenchay Bristol is the closest hospital.


How do we get a cheap solicitor quote to own property?


Numerous firms promote theoretically cheap conveyancing quotes. Unfortunately extra costs may inflate your solicitor's invoice. Any additional costs found in the terms needs to be fair and only apply in cases where the lawyer is required to perform tasks outside a normal transaction in your interest, which could not be anticipated at the start of the process.


My mortgage lender will be Market Harborough Building Society, is there anything we need to be aware of?


Traditionally, most solicitors could act for the majority lenders. Some lenders have reduced the number of firms on their approved panel, potentially creating increased legal costs for house purchasers. We, fortunately, are able to act for many lenders.


Does the property lawyer in Frenchay order any property conveyancing searches on the Gloucestershire Fifties detached home I am intending to purchase?


The conventional legal procedure will be to get Local Authority Search, Drainage Search (Con29DW or personal) and Environment Search and perhaps area-specific searches, which might include Planning.


What can my conveyancing searches in Frenchay cost?


The cost of searches can vary, depending on the searches required by your lender. These searches are paid out to a 3rd party, and are charged 'at cost'.


What should I be conscious of if we buy a maisonette in a Bristol planning authority conservation area ?


An integral part of conveyancing includes ordering of LLC1 searches of the local authority to see conservation area status and the required consent for any modifications. If no local authority consents be available your solicitor will give you professional advice on the options like taking out an indemnity policy or obtaining retrospective consent.


Is contaminated land an issue in Frenchay?


Land may be contaminated by many factors caused by man and by nature. Contaminants such as limestone or gypsum quarrying and overhead transmission lines will be considered as part of the environmental searches.


Would you recommend that I get a chancel search? We are buying near a 1400s priory in Frenchay.


In Frenchay, where land was once owned by a lay impropriators, new owners of that property may be obliged to contribute towards the cost of repairs to churches. Liability has the potential to impact the value of a Frenchay property, but an indemnity policy may be available to protect the new owners. A conveyancing solicitor will be able to advise as to whether a chancel search is necessary, and recommend suitable insurance. Frenchay churches which may give rise to chancel liability include St John the Baptist.


Is there anything we are supposed to do to make our Frenchay conveyancing faster?


Contacting a experienced conveyancer is essential to buying faster. That said, there are various jobs you, as the buyer, could do to accelerate your conveyancing. These include:

  • asking for property searches to be ordered immediately
  • promptly answering your conveyancer's questions (by email if possible)
  • clarifying your mortgage lender's requirements