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Transfer of Equity in Bedminster

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 Bedminster

Homeward Legal's panel of solicitors carry out remortgage conveyancing for Bedminster clients every week.

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The Conveyancing
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Conveyancing in Bedminster Q & A's

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 05/12/16

Bedminster area information

Bristol St Thomas the Martyr Churches Conservation Trust and Bristol St John the Baptist Churches Conservation Trust are situated in Bedminster.

Bedminster is very close at inside 3m of the M32 Junction 3 Northbound.

Bedminster's nearest train station is Bedminster and the closest airport to Bedminster is Bristol Airport.

The closest hospital to Bedminster is Bristol General.

Q.

How do we find the best rates for conveyancing for a £294,000 property?

A.

Many conveyancers offer so-called cheap conveyancing quotes. Unfortunately additional fees will be included in the terms of engagement. The online quote calculator can generate an accurate statement of the legal fees for the property you plan to buy.

Q.

How soon do we need to find a solicitor to handle our transaction?

A.

In the majority of situations, instructing as soon as possible is wise. A number of sources advocate postponing instruction until an offer has been firmly agreed, but opting to delay can jeopardise your sale or purchase.

Q.

Which property will a Bedminster conveyancing solicitor get when buying a Bedminster home?

A.

The regular legal protocol is to obtain the following Local Authority (personal or official), Drainage Search (Con29DW or personal) and Environmental and perhaps less common searches e.g. a Chancel Check.

Q.

Will the property lawyer in Bedminster inform me about the amount to be paid of the council tax on a Band B maisonette prior to exchanging contracts?

The lawyer will speak to the council to discover the latest council tax band and rates, which will then be included in the report on title. The latest council tax charges for homes in Bedminster are detailed online at the Bristol council website. At the time of writing (27 October 2012) band rates are:

  • Band A - £1,047.00
  • Band B - £1,221.00
  • Band C - £1,395.00
  • Band D - £1,570.00
  • Band E - £1,919.00
  • Band F - £2,267.00
  • Band G - £2,616.00
  • Band H - £3,140.00

Q.

The property seller has unfortunately added ill-suited roof antenna to the flat which we think might infringe General Cemetery conservation area guidelines.

A.

Part of the legal due diligence when buying a property involves the application for searches of Bristol council to ascertain conservation area status and the required formal approval for alterations. .

Q.

Will it be necessary to get a chancel search if I am purchasing in the parish of Siddington St Peter?

A.

The conveyancing lawyer may suggest that a chancel search be taken out, whichever parish in which the property being purchased is found. Chancel repair may be imposed on current owners of a property where Parochial Church Councils (PCCs) have previously chosen not to do so. Even if liability is unlikely, indemnity insurance is a sensible precaution.

Q.

Can you explain why sale conveyancing work takes such a long time?

A.

The conveyancing process in Bedminster could potentially be delayed, we, however, endeavour to diminish their cost by pushing all parties involved. Delays can include difficulties with mortgage finance.

Q.

Will you need a chancel search? I am purchasing a Bedminster property by a 1600s priory.

A.

In Bedminster, some owners can be required to contribute towards maintenance of nearby church property. Some names or words such as 'glebe' give an indication of a property's history, and thus whether chancel liability may apply. Ecclesiastical properties in the local area where a chancel search may be appropriate include St Aldhelms and St Michael & All Angels.

 
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