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Transfer of Equity in Reigate

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 Reigate

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

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 01/12/16

Local data:

The closest airport to Reigate is Gatwick North Terminal Airport. Heathrow Terminals 1 2 3 Airport is 20 miles, London City Airport is 22 miles, London Heliport Airport is 17 miles, Heathrow Terminal 5 Airport is 21 mile s, Gatwick South Terminal Airport is 6 miles, Heathrow Terminal 4 Airport is 19 miles, Northolt Jet Centre Airport is 24 miles and London Biggin Hill Airport is 12 miles away. Reigate Station station is around a mile from Reigate.

Motorists are well served with Reigate ideally situated with good motorway access about 1.5m of the M25 Junction 9 Westbound.

East Surrey is the neighbouring hospital.

Q.

We are looking for a discount conveyancing quote. What do I need to check for?

A.

This catches out many buyers, and can leave them paying far more in fees than they budgeted, and many solicitors offer 'the cheapest conveyancing quotes'. However additional costs can inflate the solicitor's invoice. Additional fees found in your solicitor's terms should be fair and reasonable. Your conveyancing quote should, in addition, define costs to be paid to third parties, e.g. the Land Registry, (disbursements).

Q.

I have read about the fact that 2012 was second wettest year since on record we are concerned that environmental searches won't be sufficient?

A.

Flood searches handled by the conveyancing solicitor in Reigate should include the more thorough search (Landmark) if required.

If you remain worried you could attempt to call a neighbour of the property or nearby Surrey flood repair expert, such as: Matt Clark Decorating, 68 Prices Lane, Reigate, RH2 8AY Tel: 01737 778576.

Q.

My husband and I are buying in Reigate. Are there many conservation areas?

A.

Conservation areas preserve local areas of 'special architectural and historic interest'. You may wish to contact the local authority for further information, but your conveyancing solicitor will address this during the house-buying process.

Q.

What can a Reigate conveyancing solicitor do if the property we hope to purchase is situated in a registered conservation area and has ugly satellite dishes added?

A.

The conveyancing solicitor will see if the property is located within a conservation area, and if so whether any modifications have the essential consent.

Q.

How long does be planned for conveyancing legal work require?

A.

The amount of time required to transfer a residence does vary. This is based on a number of issues such as when a third party is slow to respond. The national average is 8 to 12 weeks, we however drive the process forwards, completing within eight weeks.

Q.

How is SDLT calculated?

A.

The Stamp Duty rate you must pay is calculated with reference to the house or flat's price. Stamp duty will be £38040 on a £951000 house.*

*Correct as of November 2012

Q.

What should we do regarding cadmium (Cd) soil contamination in Reigate?

A.

Policies are in place to control pollution, waste, water and chemical contamination. Various bodies hold data on land contaminants affecting Reigate, including local authorities.

Q.

Are there companies who remediate contaminated soil in Reigate?

A.

Remediation can often be possible, although it can be expensive. For more insight, contact Green Intentions Ltd, Woodstock Cottage/1 West Rd, Reigate, RH2 7JU.

 
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