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Transfer of Equity in Berkshire

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 Berkshire

Homeward Legal's panel of solicitors carry out remortgage conveyancing for Berkshire 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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Conveyancing in Berkshire Q & A's

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 11/01/17

Moving to a home in Berkshire? Helpful nearby travel and services facts ;

Berkshire's closest airport is Blackbushe Airport (21 miles). White Waltham Airport is 23 miles, and Booker Airport is 23 miles away and Newbury Racecourse station is approximately 5 miles from Berkshire.

Berkshire is of the M4 junction entry 13 Eastbound.

West Berkshire Community Newbury is the closest hospital for Berkshire.

Q.

We are looking for the cheapest conveyancing solicitors in Berkshire. What should we check?

A.

Various law firms advertise supposedly cheap conveyancing quotes. Unfortunately extra fees are frequently hidden in the terms of engagement. These terms are often ignored by excited buyers, eager to get underway. The online quote calculator can generate an accurate statement of the legal fees for the property you plan to buy.

Q.

How is Stamp Duty Land Tax determined, and how much should it be on a £923000 property?

A.

Stamp Duty will rely on the purchase price. It is £36920 on a £923000 property.

Q.

I have to complete on the conveyancing on a share of freehold flat inside 2 months - are Homeward Legal fast Berkshire solicitors ?

A.

Homeward Legal adopts a highly take charge approach to carrying out legal work to suit a clients time frame. Homeward Legals panel of solicitors approach is different as we use the latest fast response systems . Critically we give you a expert panel of solicitor incentivised to communicate through every part of the buyer and seller property chain .

Q.

What specific search enquiries should my Berkshire lawyer conduct when carrying out the conveyancing for a Berkshire property?

A.

The regular conveyancing protocol is to obtain the following Local Authority, Drainage Search and Environment Search and occasionally area-specific searches e.g. a SIM.

Q.

What will the council tax cost me on a period Band B apartment in Berkshire?

A.

Your relevant band should in most cases be given as part of the title report along with the governing local authority

Council tax charges for residents of Berkshire are detailed on the Reading local authority site. At the time of authoring (26 July 2012) the different rates are:

  • Band A - £999.00
  • Band B - £1,166.00
  • Band C - £1,332.00
  • Band D - £1,499.00
  • Band E - £1,832.00
  • Band F - £2,165.00
  • Band G - £2,498.00
  • Band H - £2,998.00

Q.

Is a Homebuyer Report sensible when we are buying property in Berkshire?

A.

It is advised that the majority of buyers instruct a house surveyor to carry out a survey. There are a range of concerns that affect a property, which will not be addressed during a property valuation. These include blocked drains and roof spread.

Q.

I have read about the fact that 2012 was second wettest year since records began I am worried that environmental searches may not be sufficient?

A.

Environmental searches applied for by the Berkshire conveyancing solicitor will include the far more specialist Landmark flood search if required.

If you are nervous you could approach a neighbour or local resident.

Q.

We are buying in Berkshire on a new-build ex-industrial site. Is the top-soil possibly contaminated by waste minerals like uranium?

A.

Legislation exists to control pollution, waste, water and chemical contamination. Also considering issues such as groundwater contamination and perchlorate, contaminants affecting Berkshire property will be factored into an environmental search.

 
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