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Transfer of Equity in Redland

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 Redland

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

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 28/11/16

Local travel information:

Redland is very close at a mile and a half of the M32 Junction 3 Northbound.

Redland's nearest station is Clifton Down. Redland's closest airport is Bristol Airport.

Q.

Local Redland attractions

A.

Westbury College Gatehouse National Trust Bristol St Paul Churches Conservation Trust and Bristol St John the Baptist Churches Conservation Trust are easily accessible from Redland.

The nearest hospital is Bristol, Redland Hill.

Q.

What are the best conveyancing rates for a £186,000 property?

A.

This issue catches out many sellers and buyers, and can leave them paying far more in fees than they budgeted. Many conveyancers offer theoretically cheap conveyancing. However extra fees are frequently hidden in the terms, left unregarded by busy sellers and buyers Additional costs which are listed in your solicitor's terms should be clearly defined. We offer quotes, not estimates, and clearly state all legal fees you pay for a standard conveyancing transaction.

Q.

Does my assigned conveyancing solicitor in Redland report back to me about the cost of council tax for a Band H flat prior to exchange?

A.

A lawyer will approach the relevant Bristol local authority to enquire about the latest council tax rates, which will then be detailed in the conveyancer's title report. Correct charges for Redland are set out in detail at the Bristol local authority site. At the time of writing (22 August 2012) rates are:

  • Band A - £1,047.00
  • Band B - £1,221.00
  • Band C - £1,395.00
  • Band D - £1,570.00
  • Band E - £1,919.00
  • Band F - £2,267.00
  • Band G - £2,616.00
  • Band H - £3,140.00

Q.

Is contaminated land in Redland a concern for homes?

A.

Property in Redland would be contaminated by several naturally-occurring factors, and an environmental search should reveal whether a property may be impacted by contaminants in the area including nearby electrical substations.

Q.

Conveyancing searches are assessed from archived information and when you factor in recent weather changes such as the serious flooding in Sept 2012 in South West England, are they still appropriate to advise me sufficient information about the Redland risk of flooding?

A.

A competent conveyancer in Redland will suggest that you apply for flood searches if the enviro search identifies a Redland flood risk area data

For added assurance you could get in touch with a close neighbour.

Q.

How do you determine stamp duty, what should it be on a £613000 property?

A.

The Stamp Duty you pay will rely on the value of the house or flat. It will be £24520 on a £613000 property.*

*Correct 01/01/2013

Q.

What amount of time does be accounted for the conveyancing process often require, on average?

A.

For the majority of home movers, the time taken to buy or sell a residence is not wholly predictable. This is influenced by potentially many considerations, for example, where management information is required. Homeward Legal work hard to ensure a sale, purchase or transfer of equity receives communicative and proactive service, resulting in the fastest possible outcome.

Q.

Do you work with many lenders with Redland branches?

A.

We work alongside most lenders. A number of mortgage specialists operate in Redland, like Independent Mortgage Solutions (South West), 14 Whitehouse St, Bristol, BS3 4AY, Independent, 401 Gloucester Rd, Horfield, Bristol, BS7 8TS, and Pendragon Finance Ltd, 65 Weston Rd, Long Ashton, Bristol, BS41 9AB.

Q.

How do we determine additional information on the conservation areas in Redland and Redland?

A.

English Heritage have conducted a survey and created information in relation to the condition of conservation areas along with the risk of a worsening of the condition of the area. Conservation areas in Redland for instance paths and footpaths, removal of chimney stacks or billboards are presided over by the local authority (Bristol).

 
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