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Transfer of Equity in Gower

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 Gower

Homeward Legal's panel of solicitors carry out remortgage conveyancing for Gower 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
Process Explained


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Conveyancing in Gower Q & A's

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 23/01/17

Gower area information

Parc le Breos Burial Chamber Cadw and Oxwich Castle Cadw are easily accessible from Gower.

Gower's nearest airport is Swansea Airport (3 miles). Gower's closest station is Gowerton at 6 miles.

The closest hospital for Gower is Fairwood Swansea.

Q.

How do we find low cost conveyancing?

A.

This issue catches out many homeowners, and can leave them paying far more in fees than they budgeted, and many firms claim to offer cheap conveyancing, but additional costs are often hiding in the small print. Any disbursements should also be included on your conveyancing quote Any additional costs found in your solicitor's terms needs to be fair.

Q.

Do you recommend your solicitors to administer residential property auction conveyancing in Gower?

A.

Yes - Homeward Legal regularly handle the legal work for buyers and sellers at auction. We typically advise bidders to choose a local lawyer well before the date of the auction to allow for a detailed investigation of the auction legal pack,

Immediately following the actual auction your experienced lawyer is totally prepared for quickly finishing the legal work inside a as tight time frame as usually required .

Q.

What average time does it take my designated solicitor to accomplish all of the legal formalities on the lower floor of home we want to buy?

A.

The conveyancing process can take anywhere from one month to 3 months, contingent on any number of factors like the speed of the vendor's conveyancing solicitor, or the speed of the local authority.

Q.

The agent has referred the property lawyer. Do we need to instruct this firm?

A.

An agent will usually endorse one or more conveyancing firms. These referrals need to be considered

carefully, as the agent may recommend the conveyancer who pays out the highest referral fee, not the most suitable for you.

Q.

Which government authority looks after for publishing the standard of conservation areas in Gower and Gower?

A.

Conservation areas are created by Swansea who oversee everything from including things like street clutter, coloured road surfaces and public spaces. Following a campaign, English Heritage keep records of the state of repair of conservation areas in Gower and throughout England.

Q.

What issues help with arranging a fast conveyancing process?

A.

Many buyers will, correctly, argue that contacting a proactive solicitor is essential to fast conveyancing. There are several tasks you, as the buyer, could do. These include:

  • contacting your solicitor regularly
  • answering any queries raised by your solicitor as soon as possible
  • if you intend to get a house survey, doing so as early as you can

Q.

The property being purchased is on a ex-industrial site. It seems that tungsten (W) soil contamination may be an issue.

A.

Effort is made in all parts of Gower and the UK to clean up soil contamination. Environment search results will factor contaminants, including metals and others such as perchlorate.

Q.

We are worried about council tax amounts on a residential converted home in Gower, how much are they?

A.

In most cases a report on title will cover the appropriate Swansea council tax band. The latest tax rates for Gower are listed online at the Swansea local authority site. As at, 29 September 2012, rates for all bands are:

  • Band A - £780.04
  • Band B - £910.05
  • Band C - £1,040.05
  • Band D - £1,170.06
  • Band E - £1,430.07
  • Band F - £1,690.09
  • Band G - £1,950.10
  • Band H - £2,340.12

 
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