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Transfer of Equity in Torquay

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 Torquay

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

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Ask Lorraine a question

Updated: 13/10/16

In reference to the 2011 national census the population of Torquay 281,404 spread over an area of 285,696 acres (115,617 hectares) which equals a residential population density 1.0 people per acre (2.4 per hectare).

Torquay train station is approximately a mile from Torquay. Torquay's closest airport is Exeter International Airport.


Torquay points of interest


Berry Head Lighthouse, Kirkham House English Heritage and Berry Pomeroy Castle English Heritage are easily accessible from Torquay.

The closest hospital is Mount Stuart Torquay.


Can you confirm your cheapest fee for a £596,000 house? I am looking for a low cost conveyancing quote in Torquay.


Numerous law firms advertise cheap conveyancing. Often additional costs are often hiding in small print, left unread by preoccupied property buyers and sellers Based on the property you intend to buy, our online quote calculator will generate an accurate statement of conveyancing fees.


When in the conveyancing process do we need to speak to a solicitor in Torquay?


With few exceptions, the earlier, the better, as there are a number of tasks which may begin immediately. Instructing a conveyancing solicitor to handle your Torquay conveyancing early can limit the risk of your transaction falling through.


Is it advisable to get a chancel search if we are buying a Torquay property near church land?


The result of a court case between a parish council and owners of neighbouring farmland liable for church repairs confirmed that chancel repair liability could be enforced. Liability has the potential to impact the value of a Torquay property, but an indemnity policy may be available to protect the new owners. Torquay church properties where a chancel

search may be appropriate include Saint Martin's, Barton, St John the Baptist, St John the Baptist and St John the Baptist.


For fast legal work to buy a £647,000 house, what do we need to do?


Finding a proactive and experienced solicitor is essential to a fast conveyancing transaction. There are, however, a number of tasks you, as the buyer, can do, including, ordering a property survey early in the transaction, answering any queries raised by the solicitor as soon as possible and requesting regular updates from your solicitor and keep the pressure on.


How is stamp duty calculated, and how much should it be on a £858000 Torquay residence?


Stamp Duty is calculated with reference to the valuation. Stamp duty will be £34320 on a £858000 house or flat.


If we are intending to buy near Torquay, in the parish of Heavitree, do we need a chancel search?


A conveyancer is likely to recommend that a chancel search be ordered. In Torquay's much older areas, chancel repair may be imposed on the owners of a property where church councils may have not done so in the past. Even if liability is unlikely, indemnity insurance is a sensible precaution.


The property being purchased is on a brownfield site. Could the top-soil be contaminated by industrial waste?


Measures are taken on a local and national level to identify and remediate soil contamination. Data on many contaminants, such as trichloroethylene, will be included in an environmental search.


What will the council tax cost me for a Sixties Band E flat in Torquay?


The band should usually be reported within the report on title along with the governing local authority Up-to-date charges for residents of Torquay are listed on the Torbay council website. As of 27 June 2012 band rates are:

  • Band A - £999.00
  • Band B - £1,166.00
  • Band C - £1,332.00
  • Band D - £1,499.00
  • Band E - £1,832.00
  • Band F - £2,165.00
  • Band G - £2,498.00
  • Band H - £2,998.00