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Transfer of Equity in Portland

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 Portland

Homeward Legal's panel of solicitors carry out remortgage conveyancing for Portland 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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Conveyancing in Portland Q & A's

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 04/12/16

Portland area information

Portland Bill Lighthouse, Portland Castle English Heritage and Portland St George Churches Conservation Trust are situated in Portland.

The closest airport to Portland is Bournemouth International Airport. The nearest train station to Portland is Weymouth.

The nearest hospital to Portland is Portland Castletown.

Q.

I need to find a cheap solicitor quote for selling a freehold home. How do I get a quote?

A.

Various solicitors claim to offer 'the cheapest conveyancing'. However additional fees are frequently hidden in the solicitor's terms of engagement. Chargeswhich are listed in terms and conditions needs to be fair and reasonable and be applicable if your conveyancer must complete additional work , which could not be anticipated at the start of the process. Get a quote using the Homeward Legal quote calculator for the property you are selling.

Q.

Do you have fast solicitors that deal with the conveyancing of property auction properties in Portland?

A.

We are familiar with sellers at auction. Conveyancers always advocate bidders to appoint an affordable lawyer well before the day of the auction to allow sufficient time for a thorough investigation of the lot. Subsequently, following the property auction date, your lawyer must be prepared for conclude the legal side of things in under the 4 week time frame as typically required by the standard auction conditions.

Q.

We are planning to buy in Portland, and would like to find out if there are any areas of conservation.

A.

The regions near or within Portland will include several conservation areas. You may wish to contact the local council for further information, but your conveyancing lawyer will investigate the impact of conservation areas or other planning restrictions.

Q.

Please suggest how to avoid paying for stamp duty tax?

A.

Stamp Duty Land Tax (SDLT) is usually payable on property sold for more than one hundred and twenty-five thousand pounds. Homeward Legal do not advise home buyers get involved with any stamp duty mitigation, as such schemes are highly expensive and HMRC may challenge a scheme up to six years later. There have been several government initiatives, such as relief for buyers in 'disadvantaged areas'.

Q.

When buying a converted investment flat in a designated conservation area in Portland, how do we find more details concerning the state of repair of the conservation area?

A.

Following a campaign, English Heritage have assembled details of the condition of conservation areas along with the exposure to a worsening of the condition of the area. Conservation areas are specified by the local Weymouth and Portland planning authority, who maintain everything from upkeep of paths to derelict buildings.

Q.

Do we need a surveyor to examine our house purchase?

A.

We strongly recommend that you arrange a home surveyor if buying in Portland. It is a fact that there are a range of defects that affect a property, which a conveyancing solicitor will not report on. These can include cavity wall tie failure or subsidence.

Q.

When in the conveyancing process do we need to instruct a solicitor in Portland?

A.

With few exceptions, the earlier, the better. The legal work can then commence immediately. Instructing your solicitor earlier can limit the risk of the sale or purchase aborting.

Q.

As a consequence of the groundwater flooding in Dorset I am questioning whether property environmental searches aren't sufficient?

A.

An experienced property solicitor in Portland will suggest that you get additional flood risk searches (Landmark database search) if the environmental search spots a any kind of risk.

You may be able to contact a next door neighbour for additional further local history.

 
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