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Transfer of Equity in Fleet

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

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Conveyancing in Fleet Q & A's

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 17/01/17

Read all about the area ;

Motorists are well served with Fleet being well placed with good road access inside 3 miles of Junction 4a Southbound of the M3.

Fleet's nearest station is Fleet. The closest airport to Fleet is Farnborough (TAG London) Airport (3 miles). Heathrow Terminals 1 2 3 Airport is 22 miles, Heathrow Terminal 5 Airport is 21 mile s, Heathrow Terminal 4 Airport is 22 miles, White Waltham Airport is 16 miles, Blackbushe Airport is 4 miles and Booker Airport is 23 miles away.

Q.

Fleet area information

A.

Hartley Wintney St Mary Churches Conservation Trust and The Farnborough Air Sciences Trust Aviation Museum are near to Fleet.

The closest hospital to Fleet is Fleet Community.

Q.

We need to find the cheapest conveyancing solicitors. What should be watch out for?

A.

This matter affects many property buyers and sellers who opted for a very cheap quote, only to be stung later in the conveyancing process, and many property lawyers offer theoretically 'the cheapest conveyancing quotes'. Often additional costs are frequently hidden in the solicitor's terms of engagement. Busy, stressed property buyers and sellers ignore these terms at their peril. Homeward Legal quotes offer a clear statement of your legal fees for a standard conveyancing transaction.

Q.

Do I need to get a chancel search if you are buying a Fleet property on the same road as a 1400s church?

A.

Property owners in an area near church property in the locality are expected to contribute towards the cost of repairs, as a result of chancel repair liability. A chancel search will confirm whether liability for Fleet properties is likely to exist. The solicitor carrying out the legal work for your move will confirm that a chancel search is appropriate. Churches in this area include All Saints, Holy Trinity, St Mary Magdalene and St Philip & St James.

Q.

I've had a quote from you. Might I have to pay any supplementary hidden charges after the move?

A.

No. Our solicitors will not charge any hidden extra costs.

Q.

We are buying a property where the seller has fitted dormer windows to the maisonette in Fleet which I think might break local conservation area criteria

A.

The lawyer will always establish whether the property is within a conservation area, and if so, whether any alterations have the appropriate consent from the local council. In the event that no appropriate consents can be provided, the solicitor will give you professional advice on the best alternative which can include requesting an indemnity policy or seeking retrospective permission from the planning authority.

Q.

In the next month we are shortly going to be finally moving out of our terraced building in Fleet into our next building in Farnborough at what stage to book a removals firm?

A.

Best advice is for buyers to put off making arrangements with a removal firm until you and the other side has confirmed an absolute move date that customarily happens once signing of contracts.

Commonly removals firms will levy a late cancellation penalty . For a local firm Move Me Removals, 44 Sankey Lane, Fleet, GU51 2RS Tel: 01252 303008 or Sunnyside Removals Ltd, The Long Barn/Little Bramshott Farm/Cove Road, Fleet, GU51 2RT Call: 01252 616633.

Q.

For a property valued at £328000, how is stamp duty calculated?

A.

Stamp Duty will rely on the house's price. It will be £9840 on a £328000 Fleet property.

Q.

As a result of the fact that last year was second wettest year since on record, I am apprehensive that flood searches may not be sufficient?

A.

Flood risk searches handled by a solicitor in Fleet will also include a more in depth Landmark flood search if it is felt necessary.

If you are worried why not try to speak to a local resident or local Hampshire flooding repair expert, try: TM Roofing & Building, Redfields Stables Redfields Lane, Fleet, GU52 0RB Tel: 01252 851719.

Q.

If I plan to purchase near Fleet, in the parish of Sopley, do we need a chancel search?

A.

A property lawyer might recommend a chancel search, irrespective of the parish in which the residence being purchased is located. Chancel repair may be imposed on new owners of a residence where parish councils have previously chosen not to do so. Even if liability is unlikely, indemnity insurance is a sensible precaution.

 
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