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Transfer of Equity in Patcham

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 Patcham

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

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 16/01/17

Local key data:

The closest airport to Patcham is Shoreham, Cecil Pashley Way Airport (7 miles). Gatwick South Terminal Airport is 21 mile s, Gatwick North Terminal Airport is 21 mile and Shoreham Airport is 7 miles away. Preston Park train station is around 1 mile from Patcham.

Q.

Local Patcham attractions

A.

Patcham Windmill, Preston Park St Peter Churches Conservation Trust and Hove St Andrew Churches Conservation Trust are in the vicinity of Patcham.

The closest hospital is Nevill Hove.

Q.

How do we get the cheapest Patcham conveyancing quote?

A.

This topic affects many homeowners who opted for a very cheap quote, only to be stung later in the conveyancing process, and many solicitors promote cheap conveyancing quotes, but additional charges will be included in the solicitor's terms. Homeward Legal quotes offer a clear statement of your legal fees for a standard conveyancing transaction.

Q.

What actual property conveyancing searches will a Patcham lawyer apply for when instructed on a Patcham flat?

A.

The common conveyancing procedure will be to get the following Local Authority (personal or official), Drainage and Water Search (CON29DW or personal), Environmental and Gypsum and, depending on certain criteria, area-specific searches for instance Commons Registration (CON290).

Q.

What can a Patcham conveyancing lawyer recommend if the property is inside the boundary of a conservation are in Brighton and Hove council that has ill-suited removal of chimney stacks fitted to it?

A.

Brighton and Hove local authority search (LLC1 - Requisition for search and Official Certificate of Search)

carried out by your solicitor will see the existence of suitable council approval for any additions to the property. In the absence of any the necessary permissions, your solicitor will advise you of the best alternatives, which include requesting from the council or purchasing an indemnity policy.

Q.

Will the property report prepared by the solicitor in Patcham report back on the rates of council tax on a building prior to completion?

A.

The property lawyer will approach the appropriate local council to ascertain the currently applicable council tax band and rates, which will be written in the conveyancing report on title. The correct rates for properties in Patcham are published on the council site.

Q.

Is it a bad idea to defer paying SDLT rates?

A.

Stamp duty reduction is not recommended for purchases in Patcham, as such schemes are often uneconomical and HMRC may challenge a scheme up to six years later meaning that the full stamp duty amount will be payable, with potential fines.

Q.

Could the conveyancing costs have any hidden fees?

A.

Homeward Legal do not hide any additional fees. Some conveyancers give 'quotes' which are in fact estimates, which they will not be bound to.

Q.

Should I get a chancel search if we are buying a maisonette on the same road as a church constructed in the 16th Century in Patcham?

A.

There are fifteen thousand parishes across the country. Property owners within some of these may be required to subsidise the repair of a local church. After the passing of an Act in 2002, interest over any affected land must be registered by October 2013. Ecclesiastical properties in Patcham where a chancel search may be appropriate include All Saints Church.

Q.

Is contaminated land an issue for many residential properties in Patcham?

A.

A broad range of contaminants caused by naturally-occurring factors can damage Patcham property. Contaminants such as limestone or gypsum quarrying or local historic industrial processes should be considered as part of the appropriate search.

 
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