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Transfer of Equity in Leicester

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 Leicester

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

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 28/11/16

Regional information

According to the most recent census (2011), Leicester's residential population is 985,795 people spread over an area of 581,165 acres meaning a residential population density 1.7 people per acre.

Leicester's closest station is Leicester and East Midlands Airport is 15 miles from Leicester. Coventry Airport is 23 miles, and Tollerton Airport is 20 miles away.

Q.

Local Leicester attractions

A.

Leicester All Saints Churches Conservation Trust and National Space Centre Leicester are situated in Leicester.

The nearest hospital for Leicester is Leicester Royal Infirmary.

Q.

Although there are lots of £99 fixed quotes online, how do we find a reputable one? I need to find a fixed rate conveyancing quote.

A.

Various firms purport to offer cheap conveyancing. Often additional costs will be included in the terms of engagement. Any disbursements to be paid must also be stated on the quote based on the property you intend to buy, our online quote calculator will generate an accurate statement of conveyancing fees.

Q.

We are hoping to move out of our semi detached building in Leicester into our next property in Kegworth . What is the right point to appoint a house removal firm?

A.

Your solicitor would usually suggest that home movers hold off booking a removals company until the point where exchange of contracts because generally a move date wont have been contractually agreed. Local information can be sought from Certes Movers, 21 Claydon Rd, Leicester, LE5 0PL on 07796 597845 or Van 4 U, 3 Hefford Gdns, Leicester, LE4 2DJ Phone: 0116 340 2386.

Q.

How is stamp duty calculated, and what should we budget for a £382000 Leicester house?

A.

The rate of stamp duty due is calculated based on a limited set of factors, including the house's value. For a residential property valued at £382000, the rate will be £11460.*

*Correct 01/01/2013

Q.

How much is the council tax on a Thirties converted Band C property in Leicester?

A.

You will be supplied the property's council tax band in the conveyancing report on title. Up-to-date rates for residents of Leicester are tabled on the Leicester local authority website. At the time of authoring, 19 July 2012, band rates are:

  • Band A - £970.00
  • Band B - £1,131.00
  • Band C - £1,293.00
  • Band D - £1,455.00
  • Band E - £1,778.00
  • Band F - £2,101.00
  • Band G - £2,425.00
  • Band H - £2,909.00

Q.

I would prefer to exchange contracts on the sale of my property in under 30 days, are Homeward Legal fast Leicester property lawyers ?

A.

We adopt a take charge approach when completing the conveyancing as quickly as possible.

Having implemented new integrated systems .

We give you a qualified property lawyer incentivised to communicate with the total property chain e.g. managing agent companies, to achieve a fast completion.

Q.

For a fast exchange and completion on the purchase of a £345,000 house, what should we arrange to speed up the conveyancing process?

A.

Contacting a experienced conveyancing solicitor is the key to fast Leicester conveyancing. When finding a suitable a conveyancing solicitor, ask yourself the following: Do they offer 'instant' online quotes? Are phone, fax and email their preferred methods of contact Are they 'no move, no fee'? This can incentivise a faster transaction.

Q.

If Leicester contaminated property is found in an environmental search, can the soil be remedied?

A.

Remediation is often feasible, but costly, local government is usually responsible. Speak to a local service, like Browns Turf Supplies, 11 Leicester Rd, Thurcaston, Leicester, LE7 7JH, for more details.

Q.

When is it wise to instruct a conveyancing solicitor?

A.

With a firm offering a 'no move, no fee' conveyancing quote, the earlier, the better. Prompt instruction of a conveyancing firm to act for you on your Leicester transaction can limit the risk of the transaction stalling.

 
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