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Transfer of Equity in Newport

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 Newport

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

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Updated: 20/10/16

Local transport and health service information

A good lawyer will have extensive property market knowledge that isn't simply limited to the legal process. Below we address some of the more common questions we have encountered from home buyers and sellers in Newport:


Local Information about Newport


As corroborated by the UK census, the usual residential population of people in Newport is 488,368 spread over an area of 164,271 hectares (405,922 acres) meaning a population density of 3 people per hectare (1.2 per acre).

Newport is roughly 1 mile of junction entry 26 Westbound of the M4.

Bristol Airport is 18 miles from Newport. Cardiff Airport is 20 miles and away. The nearest train station to Newport is Newport.


Newport area information


Newport Castle Cadw and Caerleon Amphitheatre Cadw are in Newport.

The closest hospital for Newport is St Woolos Newport.


What are the best rates for conveyancing for a £545,000 home?


The confusion over this topic affects many buyers who opted for a very cheap quote, only to be stung later in the conveyancing process. Many firms purport to offer cheap conveyancing. However additional charges are often hiding in the terms. Any additional costs ought to be fair and reasonable. Our online quote calculator will generate an accurate quote for your transaction.


Will we need searches for chancel liability? I am buying a Newport home close by a 15th Century 'church furlong'.


In Newport, some owners can be required to cover the cost of repairs to nearby church property. Indemnity policies can be arranged if chancel liability is likely to be enforced. Your conveyancing lawyer will suggest an appropriate indemnity policy to address chancel liability. Churches in the local area include S.Nicholas, St John the Baptist, St John the Baptist and St Mary the Virgin.


I would prefer to complete on the sale of my apartment in under 30 days, are Homeward Legal fast Newport conveyancers ?

We believe that our active lawyers assume a an extremely efficient plan of attack to completing the conveyancing Homeward Legals panel of solicitors approach to conveyancing is different as we have invested in cutting edge online systems .

Critically we always allocate you a company trained to communicate with all parties in the home buyer and seller chain .


I have read about the widespread river flooding in Wales we are questioning if conveyancing and environmental searches aren't thorough enough?


Environmental searches carried out by a Newport property lawyer will include the more thorough search (Landmark) if the risk is deemed significant.

If you are anxious you could try to approach a neighbour or local resident or local Wales flood repair builder try: Rainbow International, Unit 16 Fern Cl, Crumlin, Newport, NP11 3EH Tel: 01495 240407.


The owner has installed inappropriate dormer windows on the property in Newport which we think might break local conservation area criteria


A lawyer to verify if the property is affected by a designated conservation area, and if so, whether any alterations have necessary permissions from the Isle of Wight planning authority. In the event that no necessary permissions be produced the solicitor will give you professional advice on the alternatives e.g. obtaining an indemnity policy or requesting retrospective consent from the council.


Would ordering a building survey be required when we are purchasing property in Newport?


It is suggested that you order a building survey. There are a range of defects that can negatively affect a property, which will not be addressed during a property valuation. These can include cracks in walls and dry rot.


How much time should conveyancing to purchase an apartment need? The property is also local.


On average, the number of weeks needed to transfer a property may vary, with reference to numerous considerations including whether the property is leasehold. We strive to ensure a sale, purchase or transfer of equity is undertaken as quickly as possible.


Are any of the conservation areas in Newport are in poor condition?


The inventory of the condition of conservation areas is assessed by English Heritage and this areas and information are accessible at their website:

Newport is noted as poor with medium vulnerability and deteriorating.