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Transfer of Equity in Hastings

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 Hastings

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

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 06/12/16

Commuting from the area? ;

Hastings's closest train station is Hastings. The closest airport to Hastings is Lydd Airport (17 miles).

Conquest, St Leonards is a nearby hospital for Hastings.

Q.

I am looking for a firm that offers cheap conveyancing in Hastings. and what is included?

A.

The confusion over what is, and is not, included in a 'cheap' quote leaves many buyers paying out more than they anticipated in the end. Many conveyancers purport to offer theoretically 'the cheapest conveyancing quotes', but extra costs can increase your final bill. Any additional costs listed in the terms should be fair and clearly defined and only come into force where the solicitor is required to complete unexpected extra work , which could not be anticipated at the start of the process. Your conveyancing quote should also state applicable disbursements.Our quotes clearly state all legal fees for a standard conveyancing transaction.

Q.

Will the report on the property's title compiled by the Hastings conveyancing solicitor investigate the cost of the council tax for a Band E apartment prior to completing on the purchase?

A.

The solicitor will contact the council to ascertain the appropriate council tax band and rates, which will then be detailed in the conveyancer's title report. Up-to-date charges for properties in Hastings are tabled at the Hastings local authority website. Currently (29 December 2012) band rates are:

  • Band A - £1,076.00
  • Band B - £1,256.00
  • Band C - £1,435.00
  • Band D - £1,614.00
  • Band E - £1,973.00
  • Band F - £2,332.00
  • Band G - £2,691.00
  • Band H - £3,229.00

Q.

What can I do to bypass paying stamp duty?

A.

Stamp duty is usually payable for purchases sold for more than £125,000. Stamp duty scheme must be treated with caution. These schemes are highly expensive and HMRC may challenge a scheme up to six years later.

Q.

Is there a risk that we will be gazumped?

A.

This takes place when an offer is rejected, following initial acceptance, by the home owner, in favour of another buyer's offer. Though being gazumped is uncommon when property prices are falling, there is still a chance. The first step in reducing the chance that gazumping will effect you is to instruct a conveyancing solicitor early.

Q.

How can Hastings property legal work for a sale take such a long time?

A.

The legal work required to buy or sell a house or flat could be delayed even in the best of circumstances. Sometimes, these delays are beyond the solicitors' influence. We seek to curtail their impact if it can be achieved.

Q.

Which local authority looks after Hastings?

A.

Hastings is located in Hastings Borough Council, Town Hall, Queens Road, Hastings, East Sussex, TN34 1QR, Call: 0845 274 1066

Q.

Which of the Hastings mortgage lender panels are you on?

A.

Most lenders in Hastings are on our panels. Lenders and mortgage specialists in Hastings include Andrews Financial Services, 59 Robertson St, Hastings, TN34 1HY, Resident Broker Ltd, 17 & 45 Robertson St, Hastings, TN34 1HL, and Options Independent Mortgage Centre, 177 Queens Rd, Hastings, TN34 1RN.

Q.

Does your firm look after the conveyancing for property auction properties in Hastings?

A.

Our company is able to work with bidders at auction. Our panel of lawyers have previously been instructed by many bidders at local auctions including Acuitus, Allsop (Commercial), Allsop (Residential), Auction House London, Award Property, Barnett Ross, Baxtons, Brendons Auctioneers, Countrywide Property Auctions and Drivers Norris.

Adept bidders tend to formally instruct a property lawyer as rapidly as they can to allow for a full review of the legal papers in advance of the auction day.

Immediately following the property auction date your instructed lawyer is fully ready for completing the purchase inside the limited time frame as typically required .

 
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