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Transfer of Equity in Romney

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 Romney

Homeward Legal's panel of solicitors carry out remortgage conveyancing for Romney 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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Conveyancing in Romney Q & A's

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 02/12/16

Local information:

Lydd Airport is 7 miles from Romney. Romney's nearest station is Rye.

The most convenient hospital is West View Tenterden.

Q.

How do we get the best conveyancing rates in Romney for a £582,000 house?

A.

Many solicitors offer supposedly 'the cheapest conveyancing', but additional fees are often hiding in the terms of engagement, left unregarded by busy buyers Additional fees which are listed in terms of engagement needs to be reasonable and only apply in cases where your solicitor must complete additional work on your behalf, which could not be anticipated at the start of the process. The quote should state any disbursements to be paid.Our quotes clearly state the solicitors' fees for a standard conveyancing transaction.

Q.

Should I get searches for chancel liability if you are buying a flat near a rectory built in the 1200s in Romney?

A.

Owners of property near to church property in the locality may be required to contribute towards the cost of repairs. This is referred to as chancel repair liability. Insurance may be available to protect a buyer should a Romney Parochial Church Council enforce liability.

Q.

How can a conveyancing solicitor in Romney advise me on the potential risk of flooding in the Romney region?

A.

An experienced conveyancing lawyer makes an application for standard formal environmental searches that incorporate Romney flood risk area information. As an additional measure means that the Romney conveyancing solicitor may propose a more involved (e.g. Landmark) involved local flood risk search.

Q.

How much would conveyancing searches be?

A.

The cost of searches for a Romney purchase varies considerably, depending on the searches chosen. Searches are paid out to a 3rd party, and are not included in a quote for solicitor's fees.

Q.

If I plan to purchase near Romney, in the parish of Yalding, do we need a chancel search?

A.

The solicitor responsible for your move might recommend that a chancel search is ordered. Through some Parochial Church Councils (PCCs) have taken the decision to charge chancel repairs on the owners of land subject to chancel liability, it is not possible to be certain that a parish in which lay rectors have not been expected to pay chancel repair dues recently will not automatically be the case for future owners.

Q.

How do I ascertain whether the Romney conservation area I am buying in is neglected?

A.

Conservation areas in Romney are set up by the local authority (Richmondshire) who are responsible for conservation area concerns from including things like ugly highway signs, coloured road surfaces and whether trees can be cut down.

English Heritage keep records about the condition of conservation areas in Romney and across England as well as the risk of standards slipping.

Q.

We need to complete this house purchase as soon as possible, can we aim for fast conveyancing in Romney?

A.

It is well established that instructing a experienced conveyancing solicitor is crucial to faster conveyancing. When finding a suitable a conveyancing solicitor, : Are phone, fax and email their preferred methods of contact Are they 'no move, no fee'? This can incentivise a faster transaction. Was there a delay delivering a quote?

Q.

How is contaminated land in Romney identified when purchasing?

A.

Property may be contaminated by a wide range of natural causes, and an environmental search should reveal whether a plot of land is impacted by contaminants in the region such as petroleum and fuel sites.

 
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