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Transfer of Equity in Basildon

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 Basildon

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

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 24/11/16

Planning to moving to Basildon? Handy Basildon public service facts -

Basildon's nearest airport is London, Southend Airport (9 miles). London City Airport is 20 miles, London Airport is 10 miles, Rochester Airport is 16 miles and Stansted Airport is 24 miles away. Basildon's nearest train station is Pitsea.

The closest hospital is Basildon, Nethermayne.

Q.

I need to find a law firm that offers cheap conveyancing in Basildon. What do we need to consider?

A.

This catches out many buyers, and can leave them paying far more in conveyancing fees than they budgeted. Many firms offer supposedly 'the cheapest conveyancing', but extra costs are frequently hidden in the terms.

Q.

Is it advisable that I get a chancel search? I am buying in Basildon.

A.

There are over 15,000 ecclesiastical parishes in England and Wales. Property owners within some of these may be required to pay for the repair of a local church. Some names or words such as 'Glebe Farm' give an indication of a property's history, and thus whether chancel liability may apply. Basildon ecclesiastical properties where chancel liability may apply include Holy Cross, St Andrew and St Martin of Tours.

Q.

Does our Basildon conveyancer report back to me about the amount to be paid of council tax on a Band D apartment before completing on the purchase?

A.

A lawyer will write to the Basildon local council to ascertain the correct council tax band and rates, which will be added to

the conveyancing report on title. The latest council tax rates for residents of Basildon are set out in detail at the Basildon local authority site. On (16 June 2012) the different rates are:

  • Band A - £1,032.00
  • Band B - £1,204.00
  • Band C - £1,376.00
  • Band D - £1,548.00
  • Band E - £1,893.00
  • Band F - £2,237.00
  • Band G - £2,581.00
  • Band H - £3,097.00

Q.

In what ways can my solicitor in Basildon investigate the potential risk of local flooding in the Basildon region?

A.

An important step in the conveyancing process carried out when buying a property involves the solicitor making an application for conveyancing and environmental searches that provide certain details about the potential Basildon flood risk area.

Q.

Which local authority is responsible for Basildon?

A.

Basildon is located in Basildon Borough Council, The Basildon Centre, St Martin's Square, Basildon, SS14 1DL, contact: 01268 533 333

Q.

How much can the searches be?

A.

With a Homeward Legal solicitor, conveyancing clients are expected to pay at most £249 for a standard search bundle.

Q.

We are purchasing with Yorkshire Bank - what will we need to consider?

A.

Purchasers should be aware that some lenders have decreased the number of firms on their approved panel. For home buyers, this can result in significantly greater conveyancing costs. Homeward Legal, however, are able to act for many lenders to keep legal costs to a minimum.

Q.

What factors can contaminate land in Basildon. Are they an issue?

A.

Land in Basildon will be contaminated by a wide range of factors caused by man and by nature, and factors like proximity to scrap yards and air pollution will be reported on in environmental search results. Pitsea Hall Lane, Pitsea, SS16 4UH is a source of potential local contamination in Basildon.

 
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