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Transfer of Equity in Reading

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 Reading

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

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 23/01/17

Reading information:

As reported in the most recent (2011) national census, Reading's population is 778,677 spread over an area of 196,322 hectares (485,122 acres) which equals a density of residential population of 4 people per hectare or 1.6 per acre.

Reading's nearest airport is White Waltham, Waltham Rd Airport (10 miles). Heathrow Terminals 1 2 3 Airport is 23 miles, Heathrow Terminal 5 Airport is 21 mile s, Farnborough (TAG London) Airport is 15 miles, Heathrow Terminal 4 Airport is 23 miles, White Waltham Airport is 10 miles, Blackbushe Airport is 11 miles and Booker Airport is 14 miles away and the closest station to Reading is Reading, approximately a mile away.

Motorists are well catered for with Reading ideally situated with good major road access roughly 1.5m of the A329M.

Bath Road Day Reading is the most convenient hospital for Reading.

Q.

How do I find the cheapest Reading conveyancing quote?

A.

Numerous firms advertise so-called cheap conveyancing. Often extra costs are often hiding in the solicitor's terms. Additional charges needs to be fair. Homeward Legal quotes offer a clear statement of your legal fees for a standard conveyancing transaction.

Q.

How soon should we instruct a conveyancing solicitor?

A.

Generally, the earlier, the better, as conveyancing involves several tasks which may begin very early in the process. Some groups advocate postponing instruction until a chain is completed, but opting to delay can jeopardise your sale or purchase.

Q.

What will the council tax cost for a Thirties Band G flat in Reading?

A.

Your relevant council tax band will usually be reported as part of the conveyancing report on title along with the local council. The correct rates for residents of Reading are published online at the Reading local authority website. At the time of writing on 31 December 2012 the different rates are:

  • Band A - £999.00
    >
  • Band B - £1,166.00
  • Band C - £1,332.00
  • Band D - £1,499.00
  • Band E - £1,832.00
  • Band F - £2,165.00
  • Band G - £2,498.00
  • Band H - £2,998.00

Q.

Will the Reading conveyancing solicitor do personal or official searches on my home purchase?

A.

Your conveyancing solicitor will inform you as to the most appropriate course of action, depending on factors like local authority turnaround times. For personal searches, the conveyancer will consider a search agent, for instance, Thames Water Property Searches, Clearwater Court, Vastern Road, Reading, Berkshire, RG1 8DB Tel: 01183 738389.

Q.

In a few weeks I am looking to be moving from our terraced residence in Reading to a new home in Newbury , what is the optimum stage to choose a removal company?

A.

The most sensible course of action is for buyers to avoid arranging a removal company until after both sides have accepted by both parties an absolute completion date that occurs after contracts are signed. Try Removals Of Berkshire, 108 Mount St, Reading, RG2 0AB Call: 0800 644 6901 or Two Men & Van, 110 Mount St, Reading, RG2 0AB Telephone: 0118 967 6701.

Q.

I am planning on buying a 1950s maisonette in a designated Reading conservation area, where can I find more details in respect of the state of repair?

A.

Local conservation areas are designated by the local Reading planning authority, who preserve things like private spaces to the obstruction of street posts. English Heritage now maintain records of the state of conservation areas as well as the risk of a worsening of the condition of the area.

Q.

What exploration concerning the potential risk of floods in Berkshire will my Reading conveyancer check?

A.

A key component in the conveyancing procedure of purchasing a property involves a solicitor conducting environmental searches that give information with regard to risk of flooding in Reading.

Q.

For fast conveyancing to buy a £536k house, what should we do?

A.

Crucial to faster conveyancing is to instruct a proactive lawyer. There are numerous things you, as the buyer, can also do, including, completing all forms as soon as possible, arranging your mortgage offer and keeping in regular contact with the lawyer.

 
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