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Transfer of Equity in Eastbourne

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 Eastbourne

Homeward Legal's panel of solicitors carry out remortgage conveyancing for Eastbourne 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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Conveyancing in Eastbourne Q & A's

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 14/01/17

Eastbourne area information

Beachy Head Lighthouse, Eastbourne Towner Art Gallery and Pevensey Castle English Heritage are situated in Eastbourne.

The nearest train station to Eastbourne is Eastbourne and Shoreham, Cecil Pashley Way Airport is 26 miles from Eastbourne.

The closest hospital to Eastbourne is Esperance.

Q.

I am trying to find a cheap solicitor to purchase property. What do we need to check for?

A.

Several law firms offer so-called cheap conveyancing. Unfortunately additional charges may be added into the terms of engagement.

Q.

Will the report on title prepared by the conveyancing solicitor in Eastbourne report back on the amount of council tax for a Band D maisonette before exchange?

A.

A lawyer will consult with the council to find out the latest council tax band and rates, which should be written in the conveyancing report on title. The correct rates for residents of Eastbourne are tabled on the Eastbourne local authority website. Currently, 20 August 2012, rates are as follows:

  • Band A - £1,069.00
  • Band B - £1,247.00
  • Band C - £1,425.00
  • Band D - £1,603.00
  • Band E - £1,959.00
  • Band F - £2,315.00
  • Band G - £2,671.00
  • Band H - £3,206.00

Q.

In what ways does the solicitor in Eastbourne advise me on the risk and history of floods in Eastbourne?

A.

An important component in the legal due diligence process of buying a property involves the conveyancing solicitor conducting environmental searches that go in certain details regarding Eastbourne flood risk area data.

Q.

Should I select the property lawyer suggested by my agent?

A.

If you opt for a solicitor referred this way, you the agent can to move the conveyancing process along, however, such referrals need to be weighed up against alternatives, including online or local firms, as there is a risk that the agent may suggest whichever firm pays the most per referral, not a firm with local expertise and a solid reputation.

Q.

Will I need a chancel search? We are buying a flat in Eastbourne.

A.

As a result of chancel repair liability, the owners of property in Eastbourne which was once owned by a 'lay rectors' can be liable for upkeep of a church in the area. Following a change in the law, interest over any affected land must be registered by October 2013. The solicitor performing your conveyancing will confirm that a chancel search is appropriate. Eastbourne Church of England properties include St Elisabeth, Christ Church, All Saints and Holy Trinity.

Q.

How soon should we find a conveyancer to act on our purchase?

A.

Whether buying or selling, the earlier, the better, as the legal work can commence immediately. Prompt instruction of a firm to act for you on your Eastbourne transaction for a purchase may mean that you will the details of your Eastbourne solicitor ready when you make an offer, or, if you are selling a property, paperwork can be prepared, even before a buyer is found.

Q.

How much would my searches be?

A.

The cost of searches in Eastbourne will vary. Searches are paid out to a 3rd party, and are not included in a solicitor's fees.

Q.

Is Homeward Legal geared up for 28 day completions on the conveyancing of residential property auction properties in Eastbourne?

A.

Yes - In fact we are property auction specialists and regularly take instructions from buyers at auction. It is a smart decision for purchasers to pick a property conveyancing lawyer as early as possible for a detailed investigation of the legal papers in advance of the auction day arrives. Subsequently, following the auction your now prepared lawyer is geared up to finishing the legal side of things inside the reduced time frame as conventionally required by the terms if sale.

 
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