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Transfer of Equity in Battle

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 Battle

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

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 06/12/16

Are you thinking of re-locating to the Battle area? Pertinent nearby services facts -

The nearest train station to Battle is Crowhurst, almost 2 miles away. Battle's nearest airport is Lydd Airport (20 miles).

The neighbouring hospital for Battle is St Leonards on Sea, Sussex.

Q.

How do we get the best conveyancing rates for a £381,000 house?

A.

Many online and high street solicitors promote supposedly 'the cheapest conveyancing quotes', but additional fees are frequently hidden in small print. Additional fees found in the terms should be fair. They only be applied if your conveyancer must complete additional work for you, which could not be anticipated at the start of the process.

Q.

We are buying property. Should we have conveyancing searches carried out?

A.

Searches are a commonly-used bundle of queries performed in the interest of the purchaser. Purchasers need to be aware that, searches refer to legal considerations.

Q.

Is a building survey required when we are purchasing any property?

A.

It is advised that the majority of buyers book a house survey. It is a fact that there are a wide range of concerns which can affect a property, which are not included in your mortgage lender's valuation, such as corrosion of pipework or rotten roof timbers.

Q.

When in the conveyancing process is it wise to find a solicitor in Battle?

A.

If you choose a solicitor with 'no move, no fee' protection, as soon as possible, as conveyancing involves several tasks that can be carried out very early in the process. Some groups advocate postponing instruction until a chain is completed, but doing so will

put you at a disadvantage compared to better prepared buyers, or if your buyer decides to pull out due to delays.

Q.

If I am buying a property on the same street as priory grounds in Battle, do you need a chancel search?

A.

Chancel liability can require owners in Battle to contribute towards upkeep of churches. Insurance may be available to protect a buyer should a Battle Parochial Church Council enforce liability. Church properties in the area where chancel liability may apply include Church of the Ascension and St Mary the Virgin.

Q.

Do your lawyers administer property auction conveyancing in Battle?

A.

Our recommended conveyancing solicitors do frequently carry out work for buyers and sellers at auction. We tend to inform auction buyers to select a local lawyer prior to the auction day to allow time for a detailed investigation of the auction legal pack,

Subsequently, immediately after the day of the auction your selected property lawyer is totally ready for finishing the transaction within a as tight time frame as conventionally required .

Q.

I am buying a £634000. What should be worked out for Stamp Duty Land Tax?

A.

Stamp Duty will rely on the purchase price of the house. It is £25360 on a £634000 home.*

*Accurate as of June 2012

Q.

Does the report on title compiled by the property solicitor in Battle report back on the cost of council tax for a Band H cottage prior to exchange?

A.

The lawyer will speak to the Hastings local council to find out the currently applicable council tax charges which should then be detailed in the title report. Correct charges for Battle are listed on the Hastings local authority website. As at, 06 July 2012, the rates are:

  • Band A - £1,076.00
  • Band B - £1,256.00
  • Band C - £1,435.00
  • Band D - £1,614.00
  • Band E - £1,973.00
  • Band F - £2,332.00
  • Band G - £2,691.00
  • Band H - £3,229.00

 
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