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Transfer of Equity in Broadstairs

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 Broadstairs

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

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Updated: 29/11/16

Buying or selling a residential property in Broadstairs? Practical Broadstairs travel and public service facts and figures ;

The nearest station to Broadstairs is Broadstairs and Broadstairs's nearest airport is Manston, Kent International Airport (3 miles).

The most convenient hospital for Broadstairs is Margate, Queen Elizabeth Queen Mother.


What are the best rates for conveyancing for a 382k house?


Various law firms purport to offer 'the cheapest conveyancing quotes'. Unfortunately additional fees will be included in the solicitor's terms of engagement. Busy, stressed property buyers and sellers ignore these terms at their peril. Any additional fees included in the solicitor's terms needs to be fair. They only be applied if your lawyer is required to complete unexpected extra work in your interest, which could not be anticipated at the start of the process. The disbursements to be paid should also be included on a quote. Our quotes offer a clear statement of your solicitors fees for a standard purchase or sale.


We need to know which Broadstairs lenders your conveyancing solicitors work with. Whose panels are your solicitors members of?


Homeward Legal are able to work with all the major lenders approved by the CML. A number of mortgage specialists operate in Broadstairs, such as Belmonte, 123 High St, Broadstairs, CT10 1NQ.


I am intending to purchase a property in East Barming. Should we get a chancel search?


Your solicitor could recommend a chancel search. In Broadstairs's much older areas, chancel repair can be imposed on current owners of a property where Parochial Church Councils have not imposed the same liability on the last owners, so it can be difficult to use this as a guide.


Is it necessary that we get a chancel liability search? We are buying a flat conversion on the same street as rectory land in Broadstairs.

Potentially amounting to over £100,000 in repair cost obligations, chancel liability should be considered by buyers of Broadstairs property likely to be affected. A chancel search is used to check that such a liability exists. Your conveyancing solicitor can provide more details. Church of England properties in the area where a chancel search may be appropriate include Holy Trinity.


Is there a risk that our purchase will be gazumped?


This happens when a house seller approves a buyer's offer and then rejects it, selecting instead a higher offer. Gazumping could occur days before contracts are due to be exchanged. Because acceptance of an offer is not binding on the seller until exchange of contracts, there is a risk of gazumping. Instructing a solicitor as soon as possible is a key first step to reducing this risk.


How long on average should I expect it to take our assigned property solicitor to exchange contracts all of the conveyancing work for the top floor of house we want to buy in Broadstairs?


The conveyancing process can take anywhere from 3 weeks and three months, which can be hampered by a number of factors such as the speed of the vendors lawyer, or the communication, with managing agents.

Our proactive property lawyers are highly focused on communication completing the process as speedily as realistically possible.


What is the council tax on a Thirties terraced Band H house in Broadstairs?


Your pertinent band will usually be given within the title report, as well as by the local council. The correct rates for properties in Broadstairs are tabled on the Thanet local authority website. At the time of writing on 13 March 2013 band rates are:

  • Band A - £988.00
  • Band B - £1,152.00
  • Band C - £1,317.00
  • Band D - £1,482.00
  • Band E - £1,811.00
  • Band F - £2,140.00
  • Band G - £2,469.00
  • Band H - £2,963.00


As a result of the fact that last year was second wettest year since 1920 I am apprehensive that property conveyancing searches aren't thorough enough?


Conveyancing and environmental searches conducted by the property lawyer in Broadstairs will include a more specialist flood search if the risk is deemed significant.

If you are concerned you could try to speak to a future neighbour.