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Transfer of Equity in Ferring

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 Ferring

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

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 27/11/16

Read all about the Ferring area ;

Ferring's nearest station is Goring-by-Sea. Shoreham, Cecil Pashley Way Airport is 7 miles from Ferring.

Goring Hall Worthing is the most convenient hospital.

Q.

How do I get low cost conveyancing?

A.

The confusion over what is, and is not, included in a 'cheap' quote leaves many sellers and buyers paying out more than they anticipated in the end, and many firms claim to offer so-called 'the cheapest conveyancing quotes'. Unfortunately additional fees will be included in the small print which unwary sellers and buyers fail to check. Additional charges found in terms of engagement ought to be fair and reasonable. Any disbursements should be included on your quote. Our quotes clearly state the solicitors' fees for a standard conveyancing transaction.

Q.

What length of time should it take my lawyer to accomplish all of the legal process for a flat in a recently developed home we are buying?

A.

The legal process can take anywhere from 1 month to twelve weeks dependent on a number of issues for example the efficiency of the sellers lawyer, or the turnaround of searches.

Q.

Is contaminated land a problem for any properties in Ferring?

A.

A broad range of contaminants caused by naturally-occurring factors can impair residential property in Ferring, like potentially contaminative use of nearby land or proximity to landfill sites. An environmental search can provide much more clarity.

Q.

We are intending to buy a property. Do we need conveyancing searches?

These searches are a commonly-used set of questions carried out for the buyer, including a drainage search. Searches are not carried out by a property surveyor and are unable to address physical defects.

Q.

Does the property lawyer in Ferring inform me about the cost of the council tax on a Band E cottage before completing on the purchase?

A.

Your property lawyer will consult with the Arun local authority to reveal the latest council tax rates, which should then be detailed in the report on title. Up-to-date charges for residents of Ferring are published online at the Arun council website. As at, 02 October 2012, band rates are:

  • Band A - £1,015.00
  • Band B - £1,184.00
  • Band C - £1,353.00
  • Band D - £1,522.00
  • Band E - £1,860.00
  • Band F - £2,198.00
  • Band G - £2,537.00
  • Band H - £3,044.00

Q.

Ferring conveyancing solicitors order necessary property when instructed to act for a purchaser - what specific searches?

A.

If applying for a mortgage a mortgage lender insist that - Local Authority Search, Drainage and Water Search (CON29DW or personal) and Environment Search, and perhaps unique particular for example Index Map Search.

Q.

As a consequence of the serious water flooding in Worthing we are thinking that flood risk searches won't be exacting enough?

A.

An experienced Ferring conveyancing solicitor will suggest that you include in depth flood risk searches if the enviro searches identifies a significant risk Ferring flood risk.

For greater area background you can always contact a local resident.

Q.

What should I be aware of if we invest in a Ferring building in a Arun planning authority designated conservation area ?

A.

Arun council enquiries conducted by the solicitor in the process of the conveyancing should find out the existence of suitable permission for any additions to the property.

 
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