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Transfer of Equity in Bracknell

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 Bracknell

Homeward Legal's panel of solicitors carry out remortgage conveyancing for Bracknell clients every week.

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Conveyancing in Bracknell Q & A's

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 19/01/17

Buying or selling a home in Bracknell? Practical nearby public service facts -

Bracknell train station is about 1 mile from Bracknell. White Waltham, Waltham Rd Airport is 6 miles from Bracknell. Heathrow Terminals 1 2 3 Airport is 14 miles, Heathrow Terminal 5 Airport is 13 miles, Farnborough (TAG London) Airport is 10 miles, Heathrow Terminal 4 Airport is 14 miles, Northolt Jet Centre Airport is 18 miles, Elstree Airport is 25 miles, White Waltham Airport is 6 miles, Blackbushe Airport is 8 miles and Booker Airport is 14 miles away.

Drivers are well catered for with Bracknell ideally situated with good motorway access very close at 2 miles of the A329M.

Church Hill House Bracknell is the neighbouring hospital to Bracknell.

Q.

I need low cost conveyancing in Bracknell. What are the risks?

A.

This catches out many buyers and sellers, and can leave them paying far more in conveyancing fees than they budgeted. Many solicitors offer theoretically 'the cheapest conveyancing'. Unfortunately additional costs are often hiding in the small print, left unread by preoccupied buyers and sellers A quote should, in addition, define applicable disbursements.

Q.

What is the council tax on a Forties end of terrace home in Bracknell?

A.

Conventionally a report on title will give detail the appropriate Bracknell Forest council tax band. Up-to-date charges for homes in Bracknell are tabled on the Bracknell Forest local authority website. At the time of authoring, 28 June 2012, the rates are:

  • Band A - £912.00
  • Band B - £1,064.00
  • Band C - £1,216.00
  • Band D - £1,368.00
  • Band E - £1,672.00
  • Band F - £1,975.00
  • Band G - £2,279.00
  • Band H - £2,735.00

Q.

OneSavings will be our mortgage lender, what will I need to check?

A.

Buyers need to be aware that a small number of lenders have reduced the number of firms on their approved panel, resulting in greater legal costs for property buyers if a second conveyancer is required by their lender. We will act on behalf of most lenders to keep legal costs to a minimum.

Q.

Which environmental factors will affect land in Bracknell?

A.

Property would be contaminated by a broad range of environmental factors, such as sand or clay quarries. An environmental search can give more clarity.

Q.

Property conveyancing searches are computed from archived information and when you factor in recent events such as the Met Office warning of more intense rainfall in the future, are they the ideal way to check sufficient information about the Bracknell flood risk area?

A.

Flood risk searches carried out by the Bracknell conveyancing solicitor should include the more specialist flood search if the risk is deemed significant.

It is not uncommon for buyers to also contact a neighbour of the property for that extra insight if still concerned or local Berkshire flood repair expert, such as: Mark Hones Painting & Decorating, 8 Cotterell Close, Bracknell, RG42 2HL Tel: 01344 412306.

Q.

If we plan to purchase in the parish of Harwell, will we need a chancel search?

A.

The lawyer might recommend that a chancel search be taken out, regardless of the parish in which the house being purchased is located. Although some church councils have decided to impose chancel repairs on current owners of affected property, it is not possible to be certain that a parish where chancel repair fees have not been paid previously will continue to be free from liability. For property in the parish of Harwell, it is not safe to rely on the historical behaviour of the parish council alone as a guide.

Q.

I am hoping to be finally moving out of our semi detached property in Bracknell to our new house in Woodley , what is the optimum stage to instruct a home removal firm?

A.

Homeward Legal tend to advise that home movers wait arranging removals until such time as formal exchange of contracts has occurred as an agreed date will not have been fixed. As a rule house removals companies might charge a re booking payment . For more information speak to Greens Removals, 160 Binfield Rd, Bracknell, RG42 2AZ Call: 01344 454866 or Titan Storage Solutions (Bracknell), 9 Sterling Centre, Bracknell, RG12 2PW Telephone: 01344 266805.

Q.

When I am buying a property near a 13th Century rectory manor in Bracknell, is it advisable that we get a chancel search?

A.

Property owners proximate to specific local church buildings are expected to contribute towards repairs, as a result of chancel repair liability. Owners who have bought property prior to 2003 may be totally unaware that a liability exists if a chancel search was not carried out. The solicitor acting on your behalf will be able to advise as to whether a chancel search is necessary. Church properties in the area include Eternity Bullbrook, Holly Spring Junior School, Harmans Water St Paul's, Holy Trinity and Mosaic, Garth Hill College.

 
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