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Transfer of Equity in Benton

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 Benton

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

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 27/11/16

Benton points of interest

Newcastle Tyne & Wear Windmill, Rising Sun Country Park and Newcastle upon Tyne Hatton Gallery Art Gallery are easily accessible from Benton.

Benton's nearest airport is Newcastle Airport. The closest train station to Benton is Newcastle, around 3 miles away.

The most convenient hospital for Benton is Freeman Newcastle.

Q.

I am looking for low cost conveyancing. Will we get a quote or and estimate?

A.

The confusion over this point catches out many home owners, and can leave them paying far more in conveyancing fees than they budgeted, and many firms claim to offer cheap conveyancing quotes. However extra fees may inflate the final bill. Any charges listed in terms and conditions ought to be reasonable. They only apply in cases where the solicitor is required to perform tasks outside a normal transaction in your interest, which could not be anticipated at the start of the process. Our quotes clearly state all legal fees for a standard conveyancing transaction.

Q.

Should I make use of a conveyancing suggested by the estate agent?

A.

Both agents and mortgage brokers will usually endorse a law firm to handle your conveyancing. However, if the agent is paid a fee by the solicitor, an agent may select the firm which pays to the largest referral fee, not the most appropriate choice.

Q.

We have to have fast Benton solicitors, is that your solicitors?

A.

Homeward Legal has a very efficient approach to fulfilling legal work.

Having invested in the latest information technology and conveyancing case management systems . We always give you a dedicated solicitor who will go the extra mile to communicate with everyone in the buyer and seller chain e.g. landlords, to achieve a fast move.

Q.

Do you need to get a chancel search? We are purchasing a property in Benton.

A.

Repair costs resulting from chancel liability can total hundreds of thousands of pounds. Liability has the potential to impact the value of a Benton property, but an indemnity policy may be available to protect the new owners. The solicitor performing your conveyancing will confirm that a chancel search is appropriate. Church lands in the local area where a chancel search may be necessary include St Bartholomew.

Q.

We are intending to buy in Benton. Are there many designated conservation areas in the area?

A.

Conservation areas qualify areas designated as being of historical merit. A solicitor will confirm potential liability for unauthorised works and be able to offer more information.

Q.

What sort of due diligence regarding the risk of local flooding in the Tyne And Wear region will my solicitor in Benton include in the report on title?

A.

A critical component in the legal due diligence process involved in buying a home involves your conveyancer conducting property environmental searches that provide specific information on the subject of Benton flood risk area. An inexpensive detailed search (e.g Homecheck) will sometimes be proposed by your conveyancer in Benton, if in the event that the initial conveyancing searches suggest a potential flood risk to the property.

Q.

Which local authority is responsible for Benton?

A.

Benton is located in Newcastle upon Tyne City Council, Civic Centre, Barras Bridge, Newcastle upon Tyne, NE99 2BN, Tel: 0191 232 8520

Q.

Do your panel of solicitors manage the conveyancing of residential property auction properties in Benton?

A.

Yes - Homeward Legal often work for bidders at auction. We usually encourage buyers at auction to appoint a conveyancing solicitor well in advance of the day of the auction for a full review. Thereafter, following the auction day arrives your instructed conveyancing lawyer is totally ready for swiftly completing the legal side of things within a month as required by the conditions of sale.

 
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