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Transfer of Equity in South Shields

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 South Shields

Homeward Legal's panel of solicitors carry out remortgage conveyancing for South Shields 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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The Conveyancing
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Conveyancing in South Shields Q & A's

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Updated: 25/10/16

South Shields area information

Whitburn Tyne & Wear Windmill, Tynemouth Priory and Castle English Heritage and St Paul Monastery English Heritage are in the vicinity of South Shields.

The closest station to South Shields is East Boldon, almost 4 miles away. The closest airport to South Shields is Newcastle Airport.

The nearest hospital is South Tyneside District South Shields.


How do we get low cost conveyancing in South Shields?


Misleading conveyancing quotes catch out many property buyers and sellers, leaving them to pay sometimes £100s more than planned, and many firms claim to offer supposedly cheap conveyancing. However additional fees are frequently hidden in the solicitor's terms of engagement.


We are buying on a brownfield site. Is manganese soil contamination likely?


Even where some contamination has occurred in South Shields, risk levels are usually low. Metal contamination of soil in South Shields is more likely to occur near ex-industrial sites or ex-landfills. Data on other contaminants, like groundwater contamination and radioactive waste, will also be included in an environmental search.


What causes conveyancing appear to be so drawn out?


Conveyancing can be subject to numerous interruptions or delays. Homeward Legal endeavour to minimise their burden by proactively handling all enquiries.


How much is the council tax on a Thirties converted Band C home in South Shields?


You will be include your new house's council tax band within the title report. The correct charges for residents of South Shields are tabled at the South Tyneside local authority site. On (26 October 2012) the rates are:

  • Band A - £966.00
  • Band B - £1,127.00
  • Band C - £1,287.00
  • Band D - £1,448.00
  • Band E - £1,770.00
  • Band F - £2,092.00
  • Band G - £2,414.00
  • Band H - £2,897.00


Property lawyers in South Shields order a variety of searches when they are instructed to act for a buyer, which actual searches?


When obtaining a mortgage lender expects specific searches, including these searches - Local Authority (personal or official), Drainage and Water Search (CON29DW or personal) and Environmental and, depending on certain criteria, area-specific searches e.g. a Official Search of whole without priority.


Which lender panels in South Shields are you on?


The Homeward Legal group can work with all the major lenders approved by the Council of Mortgage Lenders. A number of mortgage specialists operate in South Shields, such as Britannia, Charlotte Terr, South Shields, NE33 4NU, Leeds Building Society, 42 Fowler St, South Shields, NE33 1PG, and Virgin Money, 30 Fowler St, South Shields, NE33 1NE. The property lawyer handling your case should be able to address any specific requests your lender may have.


When is it wise to speak to a conveyancing solicitor to handle our purchase?


With few exceptions, the sooner the better, as the legal work can begin very early in the process. Prompt instruction of a solicitor to act for you on your South Shields transaction can limit the risk of your sale or purchase aborting.


Our estate agent in Dunston has put forward a property lawyer that they have used before. Will it be faster to instruct them?


If you instruct a firm referred this way, you your agent may be able to use their influence to reduce delays in the conveyancing process, however, such referrals need to be weighed up against alternatives, including online or local firms, as the agent may recommend whichever firm pays the most per referral, not the best solicitor for your needs.