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Transfer of Equity in Rochester

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 Rochester

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

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 17/01/17

Rochester travel information:

As reported in the 2011 national census Rochester has a residential population 607,143 spread over an area of 99,452 hectares (245,751 acres) which equals a residential population density 6.1 people per hectare or 2.5 per acre.

Strood Kent station is approximately 1 mile from Rochester and Rochester, Maidstone Rd Airport is 3 miles from Rochester. London City Airport is 22 miles, London Airport is 15 miles, Rochester Airport is 3 miles and London Biggin Hill Airport is 21 mile away.

Rochester is around a mile and a half of the M2 junction entry 2 Eastbound.

The nearest hospital to Rochester is St Bartholomews Chatham.

Q.

There are lots of 'cheap' offers, but how do we find a good one? We are looking for affordable conveyancing in Rochester.

A.

This catches out many buyers, and can leave them paying far more in fees than they budgeted. Many solicitors advertise theoretically cheap conveyancing quotes, but extra fees will be included in small print which buyers may have not read carefully Additional costs listed in the small print needs to be reasonable and clear.

Q.

How much does my searches be?

A.

The cost of conveyancing searches can vary significantly, and will be dependent on your lender's requirements. In Rochester, the standard bundle of searches included a local authority search.

Q.

Do we need to employ a conveyancing put forward by the estate agent?

A.

An agent may recommend one or more conveyancing firms. If the agent is paid a referral fee, however, it may be the case that the agent recommends the firm which pays to the largest referral fee, not the most suitable for you.

Q.

For a house valued at £363000. What should be assessed for stamp duty tax?

A.

Stamp Duty will depend on the house's price. Stamp duty will be £10890 on a £363000 house or flat.*

*Correct November 2012

Q.

What are Rochester's property searches?

A.

Conveyancing searches are a commonly-used bundle of enquiries ordered by the conveyancer through local and national authorities, such as a drainage search. You should be aware that, searches only relate to the legal aspects of the purchase.

Q.

How soon do you need to speak to a conveyancing solicitor to act on our purchase?

A.

Whether buying or selling, the earlier in the process you can instruct a conveyancing solicitor, the better, as there are various tasks which may begin immediately. Promptly instructing a conveyancing firm can reduce any chance of your transaction falling through.

Q.

We want to complete on the legal process our freehold flat in under 30 days, are you very fast Rochester solicitors ?

A.

Generally solicitors are far too inactive which brings additional pressure to the house legal process. Our approach to conveyancing is different as we have invested in modern fast response systems .

More importantly , we always assign a lawyer incentivised to communicate with all parties in the property chain .

Q.

What particular property searches will the lawyer in Rochester conduct when carrying out the conveyancing for a Rochester building?

A.

The standard conveyancing procedure will be to get these searches - Local Authority (personal or official), Drainage Search, Environmental and Coal Mining Search and, depending on certain criteria, area-specific searches for instance Planning Search.

 
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