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Transfer of Equity in Basingstoke

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 Basingstoke

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

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 06/12/16

Basingstoke area info

Basingstoke Milestones Museum Hampshire Passport and Basing House Hampshire Passport are situated in Basingstoke.

Basingstoke's nearest airport is Blackbushe Airport. Farnborough (TAG London) Airport is 14 miles, Southampton Airport is 25 miles, White Waltham Airport is 22 miles and away. The closest station to Basingstoke is Basingstoke, approximately 1 mile away.

Drivers are well served with Basingstoke ideally situated with very good major road access very close at around 1 mile off the M3 Junction 6 Southbound.

The closest hospital to Basingstoke is North Hampshire.

Q.

What will the overall charge be on the sale of a £178,000 house? We need to find fixed rate conveyancing.

A.

Both high-street and online firms advertise cheap conveyancing quotes. Unfortunately extra charges may inflate the final invoice. Any disbursements to be paid must also be stated on a conveyancing quote. Get a quote using the Homeward Legal quote calculator for the property you are buying.

Q.

We are buying on a new-build former industrial site. Could the soil be contaminated by industrial waste like iron (Fe)?

A.

Metal contamination may have occurred throughout Basingstoke, but an plot will be marked as 'contaminated land' if the risk to human life is unacceptable. Metal contamination of soil in Basingstoke is more likely to occur near waste treatment sites. Data on other contaminants, like hazardous gases, will also be included in an environmental search.

Q.

How long on average should I expect it to take my designated property lawyer to carry out all of the conveyancing work for an apartment in a home we are buying in Basingstoke?

Getting contracts exchanged can take anywhere between around a month and three months, which can be affected by various factors e.g. the speed of the sellers solicitor, or the speed of other lawyers in the chain. Our highly conveyancers are exceptionally focused on communication, with a view to completing as speedily as possible.

Q.

Which roads of Basingstoke are protected by a conservation area?

A.

Areas considered to be of historical merit, like historic transport links, may be designated as conservation areas. The local council will be able to provide more details about local conservation areas, and the solicitor handling your purchase will confirm potential liability for unauthorised works.

Q.

To complete on our purchase ASAP, can we ensure a fast conveyancing transaction?

A.

The key to fast conveyancing is to instruct a experienced property lawyer. When identifying an appropriate a property lawyer, you should ask the following: Are they 'no move, no fee'? This can incentivise a faster transaction. Was there a delay delivering a quote? Do they use email?

Q.

I have read about the conveyancing process when buying a flat. Would it be reasonable to enact the legals ourselves?

A.

There is no reason why you cant engage in the bulk of the conveyancing without the help of a trained Basingstoke property solicitor. The truth is however that a conveyancing solicitor handles a long list of skilled tasks including chasing any outstanding docs and checking the lease most of which really need a skilled professional.

Essentially have a go conveyancers do not have the applicable professional indemnity insurance which firms and their solicitors are required to be covered by.

Q.

Do we need to get a home buyers survey for this house purchase in Basingstoke?

A.

Homeward Legal strongly advise that Basingstoke buyers book a surveyor to perform a survey. A range concerns will impact a property. These can include poor drainage or roof spread. Such issues will not be considered during the conveyancing work itself.

Q.

I am purchasing a Victorian terraced house. Should we have searches ordered?

A.

Searches are a typical set of queries ordered by the solicitor. Searches are not a substitute for a survey and will not identify structural issues.

 
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