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Transfer of Equity in Billingshurst

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.

Get an instant quote for a transfer of equity in Billingshurst.

Remortgage Solicitors Billingshurst

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

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 12/01/17

Are you moving to a property in the area? Relevant local Billingshurst transport and services facts and figures ;

Billingshurst's nearest airport is Shoreham, Cecil Pashley Way Airport (15 miles). Farnborough (TAG London) Airport is 23 miles, Gatwick South Terminal Airport is 16 miles, Gatwick North Terminal Airport is 16 miles and Shoreham Airport is 15 miles away. Billingshurst station is approximately 1 mile from Billingshurst.

Horsham is a relatively close hospital to Billingshurst.

Q.

How do I get low cost conveyancing in Billingshurst?

A.

Numerous property lawyers purport to offer 'the cheapest conveyancing'. However extra fees can increase the solicitor's invoice. The conveyancing quote should also state third party costs, termed disbursements, to be paid.

Q.

Which Billingshurst lender panels are you on?

A.

Most lenders in Billingshurst are on our solicitors' panels. Local mortgage lenders and brokers include Group One, Chesnut Cottage/Pond Clo, Loxwood, Billingshurst, RH14 0SH. The property lawyer handling your case will be able to give more detail.

Q.

Should I instruct the solicitor suggested by our estate agent?

A.

Both agents and mortgage brokers will often refer a solicitor. Such referrals should be compared to other online or local firms, as it may be the case that the agent recommends the firm which pays to the largest referral fee, not the best value for you.

Q.

My lender is Direct Line Mortgages, what do I need to know?

A.

Some lenders have limited the number of solicitors who can act for them. Homeward Legal, fortunately, will act for most CML-approved lenders so that you will not be required to pay legal costs to your lender's solicitor.

Q.

Will we need a chancel liability search if I am buying in Billingshurst next to a 14th Century church?

A.

Chancel repair liability can require home owners to subsidise maintenance of a local church. Liability has the potential to impact the value of a property, but insurance is available should an obligation to fund repairs be enforced. Billingshurst church lands where a chancel search may be appropriate include St Mary's Church.

Q.

Are there many areas of conservation in Billingshurst?

A.

These distinguish areas of historical merit. The local authority will offer more information about local conservation areas, and the lawyer handling your purchase will confirm potential liability for unauthorised works.

Q.

Can we hold off paying SDLT?

A.

Homeward Legal firmly advise against any stamp duty mitigation. Such schemes are expensive and the HMRC can review a scheme up to 6 years after a sale is completed and the total stamp duty tax may be payable.

Q.

At what point should we speak to a conveyancer in Billingshurst?

A.

Whether you are buying or selling in Billingshurst, the earlier, the better. Some authors suggest waiting before instruction until an offer has been firmly agreed, but you will then be at a serious disadvantage in the event of a contract race, or buyer eager to move quickly.

 
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