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Transfer of Equity in Peacehaven

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 Peacehaven

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

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 14/01/17

Peacehaven information:

Peacehaven's closest airport is Shoreham, Cecil Pashley Way Airport (13 miles). Peacehaven's closest station is Newhaven Harbour at 3 miles.

Nuffield Brighton is a nearby hospital for Peacehaven.

Q.

How do we find a cheap solicitor quote for selling a house?

A.

Many firms promote theoretically cheap conveyancing, but additional fees will be included in the terms that property buyers and sellers often do not check. Additional fees included in terms and conditions needs to be fair and come into force only if the conveyancer must complete unanticipated additional work in your interest, which could not be anticipated at the start of the process. A quote for conveyancing in Peacehaven should list any disbursements to be paid.

Q.

We are buying on a brownfield site. Is the soil likely to remain contaminated?

A.

Some metal contamination may have occurred throughout Peacehaven, but some extreme cases may be deemed an unsafe risk. Land may also be contaminated by other sources, including groundwater contamination and acidic compounds.

Q.

What length of time does conveyancing take?

A.

On average, the amount of time taken to sell or purchase a house does vary, dependent on a handful of legal considerations, for example, whether the property being bought or sold is leasehold. For most firms in England and Wales, the average is between 8 to 12 weeks, whereas Homeward Legal deliver results within six weeks, if possible.

Q.

What environmental concerns can contaminate land in Peacehaven. Will they be checked for comprehensively?

A.

Land in Peacehaven may have been contaminated by a range of factors caused by man and by nature, like proximity to waste sites or environmental radon sources. An environmental search will give more information.

Q.

As a result of the Met Office projecting more intense rainfall, I am apprehensive that property conveyancing searches aren't sufficient?

A.

Property conveyancing searches carried out by your Peacehaven property lawyer will also include a far more rigorous Landmark flood search if it is felt necessary.

If you are still concerned you can always get in touch with a local resident.

Q.

How is SDLT measured, what will it be on a £134000 property?

A.

Stamp Duty will depend on the property's value. For a house or flat valued at £134000, stamp duty will be £1340 (accurate March 2013).

Q.

Is it important that we get searches for chancel liability? I am buying a house in Peacehaven.

A.

Owners of property in a neighbourhood near churches must cover the cost of repairs, where chancel repair liability exists. Terms used in a property's name, like 'abbey', may indicate chancel liability. Your solicitor will suggest an appropriate indemnity policy to address chancel liability. Peacehaven churches include Church of The Ascension.

Q.

For a fast exchange and completion on the purchase of a £218,000 property, what should we arrange to speed up the process?

A.

Essential to a fast completion is to employing a proactive and experienced conveyancer. Furthermore, there are several tasks you can do, including, organising your finances, including arranging a mortgage, promptly completing and return any forms and keeping in regular contact with the conveyancer.

 
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