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Transfer of Equity in Neath

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 Neath

Homeward Legal's panel of solicitors carry out remortgage conveyancing for Neath 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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or call us: 0800 038 6699


The Conveyancing
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Conveyancing in Neath Q & A's

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 14/01/17

Neath area info

Aberdulais Falls National Trust , Aberdulais Falls Waterfall and Neath Abbey and Gatehouse Cadw are close to Neath.

Swansea Airport is 12 miles from Neath. Neath station is around a mile from Neath.

Drivers are well served with Neath enjoying very convenient major road access under a couple of miles off the M4 Junction 42 Westbound.

The closest hospital to Neath is Cimla.

Q.

What are the best rates for conveyancing for a 745k property?

A.

Several law firms advertise 'the cheapest conveyancing'. Often additional fees may inflate the solicitor's invoice. Our quotes are not estimates, stating all the solicitors fees you will pay for a standard sale or purchase.

Q.

There is a lot of online help on DIY conveyancing when buying and selling a house - Is it practical to carry out the all of the legal work ourselves?

A.

There is no argument at all why a home mover cannot take care of he legal process on your own. In reality however, a property lawyer in Neath juggles a significant number of tasks including chasing lender for comments on issues raised and checking replies to additional enquiries many of which require a skilled professional. AT any rate solicitors are duty bound to carry the applicable professional indemnity insurance to safeguard you from any professional losses you encounter.

Q.

Can you confirm how we avoid paying for stamp duty to the Revenue?

A.

Stamp duty reduction scheme is not recommended, as such schemes are often uneconomical and HMRC may challenge a scheme up to six years later.

Q.

Which neighbourhoods of Neath are protected by a conservation area?

A.

There are numerous conservation areas near or within Neath. You may wish to contact the local authority for more information, but your conveyancing solicitor will address this during the house-buying process.

Q.

Do I need a local property surveyor to check for defects affecting this house purchase?

A.

It is strongly suggested that you book an inspection. Numerous issues can affect a property, such as flat roof leaks, and issues such as these are not likely to be investigated as part of the conveyancing itself.

Q.

Fixtures and fittings include what?

A.

There is no clear definition of fixtures and fittings, which can result in conflict once the new owner takes possession. Completion or agreement of a fixtures and fittings form is unfortunately often left to the last minute, when a dispute may jeopordise the transaction, and which can make the clarification of any difference of opinion so important.

Q.

Is there a danger that we could be gazumped?

A.

Gazumping occurs when a seller accepts a purchaser's offer and later dismisses it. Instead, they then go for a better offer. There is almost always a danger of gazumping. You should instruct your solicitor as soon as possible to reduce the chance of gazumping.

Q.

We are moving in Neath, and have a conveyancing quote from you. Could there be any hidden charges?

A.

No. Homeward Legal do not hide any extra, hidden charges. Sometimes your solicitor recommends some additional work, such as purchase of the freehold, but you will be made aware of any fees relating to this.

 
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