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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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The Conveyancing
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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: 08/12/16

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.

What are searches?

A.

These searches are standard enquiries ordered by your conveyancing solicitor via one of several specific authorities. Searches refer specifically to legal facets of the purchase.

Q.

The vendor has unfortunately installed PVC windows on the property which may break the Alston conservation area criteria.

A.

Your property lawyer is required to find out if the property is within a designated conservation area and whether any modifications have essential consents.

Q.

Please suggest how to hold off paying stamp duty?

A.

SDLT is generally due on houses sold for over £125,000. We firmly advise against any form of stamp duty mitigation scheme, as such schemes are often uneconomical and unreliable.

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.

Q.

When do I need to instruct a conveyancing solicitor in Berkshire?

A.

Whether you are buying or selling in Berkshire, the earlier, the better, as there are a number of tasks that may be performed very early in the process. A number of sources suggest holding off instruction until an offer has been firmly agreed, but delays can risk the other side pulling out, particularly in uncertain market conditions.

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.

Will your Berkshire property solicitor commission personal or official searches on my property purchase?

A.

The lawyer will advise as to the best type of search, depending on things like building society requirements. For personal searches, the conveyancer will look for a search agent, for instance, Conveyancing Data Services Ltd, 61-63 Crockhamwell Road, Woodley, Berkshire, RG5 3JP Tel: 0118 9690839 Fax: 0118 9272387

 
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