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Transfer of Equity in Hampshire

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 Hampshire

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

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 05/12/16

Local points of interest in Hampshire

Itchen Stoke St Mary Churches Conservation Trust and Avington Park Historic Houses Association are in the vicinity of Hampshire.

Southampton, Mitchell Way Airport is 11 miles from Hampshire. Farnborough (TAG London) Airport is 24 miles, Southampton Airport is 12 miles and Blackbushe Airport is 23 miles away and the nearest station to Hampshire is Alresford: Watercress Line, approximately 2 miles away.

The closest hospital to Hampshire is Winchester, Royal Hampshire County.

Q.

What will the overall charge be on the sale of a £165k property? I am looking for discount conveyancing.

A.

Many online and high street solicitors purport to offer supposedly 'the cheapest conveyancing quotes'. Unfortunately additional charges will be included in the small print. Applicable disbursements ought to be defined on the quote Additional costs which are listed in the terms ought to be fair. Our online quote calculator will generate an accurate quote for your transaction.

Q.

We are buying on a new development brownfield site. Is the soil likely to remain contaminated?

A.

Hampshire and the surrounding region has a legacy of chemical contamination. Various bodies hold data on land contaminants affecting Hampshire, including local authorities.

Q.

Should we be worried about gazumping?

A.

Gazumping takes place when a home owner approves the 1st buyer's offer, only to refuse it in favour of a higher offer. It could occur weeks into a transaction. Because acceptance of an offer is not binding on the seller until exchange of contracts, there is a danger of gazumping. The first step in reducing the chance that gazumping will effect you is to instruct a fast, efficient solicitor as early as possible.

Q.

Handling the legal work without using a property solicitor in Hampshire is becoming possible when selling a home. However, would it be a silly move ?

A.

Technically speaking there are no arguments why you cannot engage in the your own conveyancing without assistance.

In reality however, a conveyancing solicitor in Hampshire handles a large number of tasks ranging from liaising with the insolvency office for k15 entries and the Land Registry formalities many of which need training.

Q.

Which of the lender panels in Hampshire are you on?

A.

The Homeward Legal partnership work with all the major lenders financing purchasers in Hampshire. Local mortgage lenders and brokers include Mortgage Lady, 115 The Street, Crowmarsh Gifford, Wallingford, OX10 8EF, Delbridge M S, 29 Premier Way, Romsey, SO51 9DF, and Holmberg Erling Trading, 7 Hope Rd, Shanklin, PO37 6EA.

Q.

We are buying a sixties investment property in a conservation area. How do I find data relating to the standard of upkeep of the Hampshire conservation area?

A.

Conservation areas are set up by the local authority (Winchester) who govern things like upkeep of paths to the thwarting of advertising hoardings. English Heritage administer a detailed list on the state of repair of conservation areas along with the trend.

Q.

What does the cost of my conveyancing searches in Hampshire be?

A.

The cost of searches varies considerably. Searches are paid out to a 3rd party.

Q.

For a fast exchange and completion to buy a £234,000 house, what should we do?

A.

Key to a fast transaction is to instruct a proactive, diligent solicitor. Additionally, there are several things you as the purchaser could do to speed up the legal work, including, pushing the solicitor to begin enquiries as soon as possible, quickly answering your solicitor's questions (by email if possible) and if you intend to get a house survey, doing so as early as you can.

 
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