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Transfer of Equity in Bournemouth

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 Bournemouth

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

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 29/11/16

Buying or selling a property in the area? Some helpful nearby transport and services facts ;

In reference to the UK 2011 census Bournemouth's usual residential population is 551,987 spread over an area of 96,944 hectares giving a population density of 5.7 people per hectare.

Q.

Bournemouth area info

A.

Oceanarium Aquarium and Poole Compton Acres (Historic Gardens) Country Park are close to Bournemouth.

Bournemouth train station is approximately a mile from Bournemouth. The closest airport to Bournemouth is Bournemouth International Airport (5 miles).

The closest hospital is Nuffield Bournemouth.

Q.

We need the cheapest conveyancing quote. What should I check?

A.

Many firms promote theoretically cheap conveyancing quotes, however additional fees can inflate the final bill. Fees listed in the solicitor's terms ought to be fair and reasonable and come into force only if your conveyancer must perform additional tasks on your behalf, which could not be anticipated at the start of the process. Get a quote using the Homeward Legal quote calculator for the property you are buying.

Q.

I am buying a unique flat in a Bournemouth conservation area. Where does one find more data about the state of repair?

A.

Conservation areas in Bournemouth are set up by the local Bournemouth planning authority, who preserve everything from upkeep of paths to vacant buildings. English Heritage maintain a list of the state of repair of conservation areas.

Q.

Which elements help with getting fast conveyancing?

A.

Primarily, contacting a proactive and experienced solicitor is essential to fast conveyancing. There are several things you as the buyer can do, including, calling or emailing your solicitor, and chase them if you suspect any delays, answering any queries raised by your solicitor as soon as possible and getting your mortgage offer in place.

Q.

We are purchasing a converted chapel in the parish of Cattistock. Will we need a chancel search?

A.

A conveyancing lawyer may suggest a chancel search. Although some Parochial Church Councils (PCCs) have determined to exact chancel repairs on new owners of land subject to chancel liability, a solicitor cannot state with certainty that a parish which has not been subject to chancel liability in the past will remain liability-free for new owners.

Q.

How does my lawyer in Bournemouth report back on the potential risk of flooding to properties in Bournemouth?

A.

A necessary step in the conveyancing protocol carried out when buying a property involves a conveyancing solicitor making an application for property environmental searches that provide you with some details on the subject of Bournemouth area flood risk. In addition the conveyancing solicitor in Bournemouth will often suggest a more detailed (e.g. Homcheck) detailed search.

Q.

Our lender is Yorkshire Building Society, is there anything we need to be aware of?

A.

Some lenders have reduced the number of firms on their approved panel, which may result in increased conveyancing costs for house purchasers. Homeward Legal, however, are able to act on behalf of the majority of CML-approved lenders.

Q.

The web is full of many very helpful explanatory studies about on the subject of doing the legal work yourself. Do I therefore need to instruct a conveyancing solicitor in Bournemouth for my move?

A.

If you want to attempt this you can feasibly embark on the conveyancing without formally instructing a qualified conveyancer in Bournemouth. Of course solicitors would argue that DIY conveyancing would be a risky idea as DIY lawyers might come a cropper suitable insurance cover which lawyers are required to carry.

Q.

When is it wise to find a solicitor to act on our purchase?

A.

With few exceptions, instructing as soon as possible is wise, as the legal work can start very early in the process. Instructing a conveyancing firm early for a purchase may mean that you will the details of your Bournemouth solicitor ready when you make an offer, or, if you are selling a property, relevant information can be sourced sooner (this is particularly true for leasehold properties).

 
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