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Transfer of Equity in Lewes

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 Lewes

Homeward Legal's panel of solicitors carry out remortgage conveyancing for Lewes clients every week.

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The Conveyancing
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Conveyancing in Lewes Q & A's

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 26/11/16

Local Lewes attractions

Monk's House National Trust Glynde Place Historic Houses Association and Firle Place Historic Houses Association are in Lewes.

Lewes's nearest airport is Shoreham, Cecil Pashley Way Airport. Gatwick South Terminal Airport is 21 mile s, Gatwick North Terminal Airport is 22 miles and Shoreham Airport is 14 miles away. Lewes's closest station is Lewes at 1 mile s.

The closest hospital to Lewes is Lewes Victoria.

Q.

How do I find fixed rate conveyancing in Lewes?

A.

Many property lawyers promote theoretically cheap conveyancing quotes. However additional fees will be included in the solicitor's terms. Extra charges which are listed in the solicitor's terms ought to be fair. They be applied only where the conveyancer must complete work beyond standard conveyancing for you, which could not be anticipated at the start of the process. Any disbursements should also be clearly stated on a quote. Homeward Legal quotes offer a clear statement of your legal fees for a standard conveyancing transaction.

Q.

Does the report on title compiled by the Lewes lawyer advise us on the applicable rates of the council tax on a Band D property before exchanging contracts?

A.

Your property solicitor will consult with the Lewes local council to ask about the current council tax rates, which will be set out in the report on title. The latest tax charges for residents of Lewes are set out at the Lewes council website. At the time of writing (09 September 2012) band rates are:

  • Band A - £1,097.00
  • Band B - £1,279.00
  • Band C - £1,462.00
  • Band D - £1,645.00
  • Band E - £2,010.00
  • Band F - £2,376.00
  • Band G - £2,741.00
  • Band H - £3,290.00

Q.

What searches does a Lewes property solicitor carry out when carrying out the conveyancing for a Lewes building?

A.

The standard procedure will be to get these searches - Local Authority, Drainage Search (Con29DW or personal), Environment

Search and Gypsum Mining, and possibly specific local searches for instance Planning report.

Q.

If we are purchasing near Lewes, in the parish of Rogate, do we need a chancel search?

A.

Your conveyancing solicitor might recommend that a chancel search be ordered. In older areas of Lewes, chancel repair has the potential to be charged on new owners of a property where parish councils have previously chosen not to do so, so indemnity insurance may be advisable even if liability is unlikely.

Q.

Which factors will impact land in Lewes. Will they be checked for thoroughly?

A.

Residential property in Lewes is contaminated by a range of natural and human-influenced issues, and an environmental search will reveal the extent to which a house is impacted by contaminants such as limestone or gypsum quarrying or other land contamination.

Q.

Would you suggest taking precautions to avoid paying for stamp duty in Lewes?

A.

Stamp Duty Land Tax (SDLT) is due for home purchases over 125,000 pounds. We do not advise home buyers arrange any form of stamp duty avoidance, as such schemes are costly and very risky. There have been certain legal initiatives, such as relief for buyers in 'disadvantaged areas'. Your solicitor will advise as to your eligibility.

Q.

What type of investigation in respect to the potential risk of floods in the East Sussex region will my solicitor in Lewes advise us on a Fifties house I am going to buy?

A.

The lawyer applies for property environmental searches that should include Lewes flood risk data. Furthermore, your Lewes property solicitor may propose a more involved (e.g. Landmark) flood search.

Q.

When my partner and I are buying close by priory grounds in Lewes, is it recommended that we get a searches for chancel liability?

A.

Property owners near to a church in the area must cover the cost of repairs, where chancel repair liability exists. As a consequence of a recent Act, interest over any affected land in Lewes must be registered by October 2013. This will make it easier to identify affected property through a chancel search. Churches in Lewes where chancel liability may apply include St Michael, South Malling Parish Church (St Michael the Archangel) and St John sub Castro.

 
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