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Transfer of Equity in Ascot

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 Ascot

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

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 13/01/17

Are you intending to moving to the Ascot area? Pertinent local travel and public service information -

The closest airport to Ascot is Blackbushe Airport (18 miles). Farnborough (TAG London) Airport is 22 miles, White Waltham Airport is 19 miles, and Booker Airport is 20 miles away. The nearest station to Ascot is Pangbourne, around 4 miles away.

West Berkshire Community Newbury is the most convenient hospital to Ascot.

Q.

We need a fixed rate conveyancing estimate, we are on a tight budget.

A.

Numerous law firms promote cheap conveyancing quotes. Often extra costs are frequently hidden in the solicitor's terms. Our online calculator will create an accurate quote for your buy.

Q.

I am buying a property in the parish of Stratfield Saye. Will a chancel search be required?

A.

The conveyancing lawyer may suggest a chancel search, regardless of the parish where the house being bought is found. Although some Parochial Church Councils have decided to charge chancel repairs on the current owners of land subject to chancel liability, it is not possible to be certain that a parish where chancel repair fees have not been paid previously will not continue to be so. In the event that chancel liability may apply, your solicitor might recommend insurance rather than pulling out of the purchase.

Q.

Which of the Ascot mortgage lender panels are you on?

A.

Of lenders with local offices in Ascot, we with many. Ascot lenders and mortgage specialists include Express Links, 26 Cherry Av, Slough, SL3 7BT, Slough Mortgage Advice Centre, 33 Bath Rd, Slough, SL1 3UF, and A H C, Cannon La, Maidenhead, SL6 3NT.

Q.

Will the report on title compiled by the Ascot lawyer provide details about the rates of the council tax on a townhouse prior to exchanging contracts?

A.

A conveyancer will write to the local council to ask about the most up to date council tax charges which will subsequently be set out in the title report. Correct charges for properties in Ascot are tabled on the council site.

Q.

For a fast completion on the purchase of a £807,000 residence, what should we get to speed up the transaction?

A.

Experienced buyers will tell you that finding a proactive property lawyer is key a fast conveyancing transaction. Ask these questions when identifying your conveyancer:

  • Which communication methods do they use? Days can be wasted waiting for letters in the post which could be emailed or faxed.
  • Did you experience any delays when requesting a quote?
  • Do they order searches immediately?

Q.

Is Ascot soil likely to be contaminated by zinc?

A.

The risks posed by topsoil contamination to Ascot inhabitants are usually low. Other sources of contaminated land include chlorinated solvents and groundwater contamination.

Q.

When in the process is it appropriate to instruct a solicitor to handle our sale?

A.

Whether buying or selling, the earlier in the process you can instruct a solicitor, the better. Promptly instructing a conveyancing solicitor for your Ascot transaction for a sale means that information, especially from slow third-parties, can be requested even prior to accepting an offer, whereas if you are buying you can shave days off the process by having the details of your instructed solicitor ready when you make an offer.

Q.

What will the Ascot conveyancing lawyer recommend if the building we are buying is within a Windsor and Maidenhead local authority conservation area that has unapproved doors fitted?

A.

Windsor and Maidenhead local authority enquiries carried out by your Ascot property lawyer as part of the conveyancing should determine whether the property is within a designated conservation area and any evidence of formal approval for alterations will be required. If no authority consents be produced, the solicitor will inform you of the alternatives such as getting an indemnity insurance or obtaining retrospective permission from the appropriate local authority.

 
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