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Transfer of Equity in Gateshead

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 Gateshead

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

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 10/01/17

Read all about the area ;

Gateshead's nearest airport is Newcastle Airport. and Gateshead's nearest station is Newcastle.

Q.

Local points of interest in Gateshead

A.

Newcastle Tyne & Wear Windmill, Gateshead Shipley Art Gallery Art Gallery and The Baltic Gateshead Art Gallery are around Gateshead.

The most convenient hospital to Gateshead is Bensham Gateshead.

Q.

How do we get fixed rate conveyancing in Gateshead?

A.

Many buyers seeking discount conveyancing are caught out by the lure of very low conveyancing rates, and many conveyancers advertise theoretically cheap conveyancing quotes, however extra charges will be included in the terms and conditions. Costs needs to be fair. Our online quote calculator will generate an accurate quote for your transaction.

Q.

Gateshead property lawyers order a number of conveyancing searches if instructed by a home buyer, but which specific searches?

A.

When you are taking out a mortgage the mortgage lender mandates at least the following Local Authority, Drainage and Water Search and Environmental as well as any particular searches, like Official Search of Part with Priority (OS2).

Q.

Should you get a chancel search if we are purchasing on the same road as a church constructed in the 17th Century in Gateshead?

A.

Chancel liability repair costs can run into £100,000s, which owners of affected property will be compelled to pay on demand to the Gateshead Church council. A chancel search addresses if such a liability exists. Liability is more common in some parts of the country. The solicitor performing your conveyancing will be able to advise as to whether a chancel search is necessary. Church properties in Gateshead where a chancel

search may be appropriate include St Edmund's Chapel, Low Fell, St Helen, St James & St Bede Church Centre and St Nicholas with Christ Church.

Q.

I want to exchange on the legal work on my property within 5 weeks, are you extra fast Gateshead conveyancing solicitors ?

A.

Our lawyers typically adopt an extremely speed focused approach to conducting the conveyancing for sellers to meet the clients needs. By ensuring the use of modern land registry integrated systems . We allocate home movers a SRA conveyancing property lawyer practiced at communicate by phone and email with everyone in the property chain (line of buyers and sellers) for example freeholders, for a fast exchange of contracts.

Q.

Which local authority looks after Gateshead?

A.

Gateshead is located in Gateshead Metropolitan Borough Council, Civic Centre, Regent Street, Gateshead, NE8 1HH, Call: 0191 433 3000

Q.

We are buying a medieval barn conversion in the parish of Gateshead. Do we need a chancel search?

A.

Regardless of the Gateshead parish in which you are buying, the property lawyer should confirm that a chancel search is taken out. In Gateshead's much older areas, chancel repair may be imposed on owners of a house where Parochial Church Councils (PCCs) may have not done so in the past. For property in the parish of Gateshead, it is not safe to rely on the historical behaviour of the parish council alone as a guide.

Q.

Could our conveyancing fees hide any additional charges?

A.

Regrettably, hidden fees are relatively common. We never charge any hidden fees. Know that some conveyancers give 'quotes' which are in fact estimates. You may face a much greater total fee when you have completed.

Q.

We are buying a property where the seller looks to have installed windows to the flat in Gateshead which may conflict with local conservation area guidelines

A.

A solicitor will make enquiries to establish whether your proposed purchase is located within a designated conservation area and whether any modifications have the required consents.

 
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