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Transfer of Equity in Ringwood

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 Ringwood

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

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 19/01/17

Ringwood information:

The closest station to Ringwood is Hinton Admiral. The closest airport to Ringwood is Bournemouth International Airport. Southampton Airport is 20 miles and away.

The nearest hospital is St Leonards Community.

Q.

How do we get a discount conveyancing quote?

A.

Many law firms promote cheap conveyancing. Often extra costs will be included in the solicitor's terms, left unregarded by busy home owners Extra costs found in terms and conditions ought to be clearly defined and be applicable solely where your lawyer is required to complete unexpected extra work , which could not be anticipated at the start of the process. Applicable disbursements must also be stated on a conveyancing quote. Homeward Legal quotes are not estimates, and offer a clear statement of your legal fees for a standard conveyancing transaction.

Q.

We are buying a 1950s house in the boundary of conservation areas, how does one find data in relation to the state of upkeep of the conservation area?

A.

Conservation areas in Ringwood are set up by the local East Dorset planning authority, who govern everything from street furniture to the blockage of street guard rails. Following a campaign, English Heritage have produced records in relation to the condition (poor to good) of conservation areas along with the risk of the area falling into disrepair.

Q.

Do I need to instruct a law firm who works with by our estate agent in Hartfield?

A.

An agent in Hartfield will push a conveyancer, however, these referrals should be considered carefully, as an agent may choose whichever firm pays the most per referral, not the law firm with the best reputation.

Q.

I plan to purchase a rectory in Itchen Stoke and Abbotstone. Will it be necessary to get a chancel search?

Your conveyancing solicitor could advise that a chancel search is taken out, regardless of the parish where the residence being bought is found. In Ringwood's much older areas, chancel repair may be apportioned on the owners of a residence where parish councils have previously chosen not to do so, so it can be difficult to use this as a guide.

Q.

Do your property lawyers do the conveyancing for residential property auction properties in Ringwood?

A.

Yes - our property solicitors frequently get instructed by auction buyers and sellers. Conveyancers tend to advise purchasers to select a property lawyer prior to the auction day to give enough time for a full report of the legal papers.

Following the auction day arrives, your lawyer will be fully prepared to speedily conclude the auction conveyancing process inside the 4 week time frame as usually required by the conditions of sale.

Q.

How can we guard against getting gazumped?

A.

The practice of rejecting a previously accepted offer on a purchase after a second buyer has made a better offer is referred to as gazumping. The will be a risk of getting gazumped in any transaction, because offers are not binding until exchange of contracts. You should instruct your solicitor early to reduce the chance of your transaction being gazumped.

Q.

In a few months we are preparing to move from our semi detached building on the outskirts of Ringwood into a new abode in Portsmouth . What is the right point to book a removal company?

A.

Most property lawyers will advise that sellers hold off booking a removals company until such time as the contracts have exchanged because an agreed move date will not have been confirmed. For more information try Brown & Brown Removals, 30 Lions Wood, St. Leonards, Ringwood, BH24 2LU Tel: 01425 475182.

Q.

How many weeks may we plan for conveyancing require, on average?

A.

For the majority of home buyers, the number of weeks taken to transfer property varies, affected by a number of aspects, including matters where a property has a mortgage. With our specialist solicitors, a sale, purchase or transfer of equity receives communicative and proactive service, resulting in the fastest possible outcome.

 
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