By Ellie Pierpoint
15th November 2016
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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Homeward Legal's panel of solicitors carry out remortgage conveyancing for Portsmouth clients every week.
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"Working together is critical for a faster property transaction."
When selling or buying a house or flat in Portsmouth, you will need to instruct a conveyancing solicitor to carry out the legal work .
Homeward Legal's network of solicitors have vast experience of conveyancing in Portsmouth and across Hampshire and our proactive approach often means we complete the transaction in the shortest possible time.
Conveyancing solicitors who carry out all the legal work for your sale or purchase for a fixed rate.
You will not be charged any solicitors fees for buying and selling a home, if for any reason your Hampshire house move does not complete.
With local experience, our CQS solicitors will guide you along every step of the conveyancing process.
No additional fees whatsoever.
As confirmed by the 2011 national census Portsmouth, has a population of 822,331 spread over an area of 269,386 acres meaning a population density of 3.1 people per acre.
Drivers are well served with Portsmouth enjoying good major road access nearby at half a mile of the M275.
The closest train station to Portsmouth is Portsmouth And Southsea, about a mile away. Portsmouth's nearest airport is Bembridge IoW, Sandown Rd Airport (10 miles). Southampton Airport is 16 miles, Bembridge IoW Airport is 10 miles and Sandown IoW Airport is 13 miles away.
The most convenient hospital for Portsmouth is St Marys Portsmouth.Q.
Lack of clarity over this topic catches out many property buyers and sellers, and can leave them paying far more in conveyancing fees than they budgeted. Many law firms claim to offer 'the cheapest conveyancing quotes'. Unfortunately additional fees are often hiding in the solicitor's terms of engagement. Additional charges needs to be reasonable and clear. Your conveyancing quote should state applicable disbursements.We offer quotes, not estimates, and clearly state all legal fees you pay for a standard conveyancing transaction.Q.
Customarily the conveyancer's title report should include the Portsmouth council tax band. The latest tax charges for properties in Portsmouth are tabled online at the Portsmouth local authority website. On (10 August 2012) band rates are:
The ideal way is for buyers to put off agreeing removals until everyone has formally agreed the move date
which takes place following shortly after when contracts are signed. Local home mover companies include Man & Van, 196 Kingston Rd, Portsmouth, PO2 7LP on 023 9234 1852 or Martin's Removals, Kingston Rd, Portsmouth, PO2 7LP Phone: 07724 582903.Q.
Legislation exists to control pollution, waste, water and chemical contamination. Land may also be contaminated by other sources, including acidic compounds and groundwater contaminants like petrol.Q.
We strongly advise that you arrange a property surveyor. A wide range of concerns have a negative impact on a property, which include cavity wall tie failure or chimney defects. These will not be reported on by a solicitor.Q.
Stamp Duty will rely on the property's value. On a £888000 home, stamp duty will be £35520.*
*Correct October 2012Q.
Legally speaking there are absolutely no arguments why a home seller should not carry out the legal work yourself. The truth is however that a conveyancing solicitor in Portsmouth takes care of a large array of exercises including chasing outstanding papers or notifying parties of completion which require training. Furthermore legal firms are made responsible to get the applicable indemnity insurance to shield you in the event of negligence.Q.
Owners of property in Portsmouth may be subject to chancel repair liability. Following a change in the law, interest over any affected land in Portsmouth must be registered by October 2013. This will make it easier to identify affected property through a chancel search. Churches in the area include All Saints and Cathedral.