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Transfer of Equity in Rottingdean

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 Rottingdean

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

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 27/11/16

Rottingdean key data:

The nearest airport to Rottingdean is Shoreham, Cecil Pashley Way Airport (11 miles s). Gatwick South Terminal Airport is 25 miles, Gatwick North Terminal Airport is 25 miles and Shoreham Airport is 11 miles away. Moulsecoomb train station is about 4 miles from Rottingdean.

The most convenient hospital is Nuffield Brighton.

Q.

On the purchase of a £504,000 residence, what will be the fees? We are trying to find an affordable Rottingdean conveyancing quote.

A.

Lack of clarity over this topic affects many sellers and buyers who opted for a very cheap quote, only to be stung later in the conveyancing process, and many property lawyers promote theoretically cheap conveyancing. Often additional charges are frequently hidden in the terms and conditions. Excited sellers and buyers, eager to get underway, often ignore this small print when they instruct. Any additional charges should be fair. They be applicable solely where the solicitor must perform additional tasks , which could not be anticipated at the start of the process.

Q.

Unexpected financial circumstances mean we would prefer to complete on the legal work on a leasehold apartment within 5 weeks, do you any really fast solicitors in Rottingdean ?

A.

Usually Rottingdean solicitors are very ponderous which usually adds huge amounts of stress to the house conveyancing process.

Homeward Legal always allocate you to solicitors who will communicate through the whole of the buyer and seller property chain . Also Homeward Legals solicitors are selected because they all use expensive HMRC and Land Registry integrated technology meaning they can exchange on your home move to your preferred move date.

Q.

Which individual searches should my property solicitor in Rottingdean get when carrying out the conveyancing for a Rottingdean building?

The routine procedure will be to get these searches - Local Authority (personal or official), Drainage Search, Environmental and Gypsum and occasionally specific searches, which may include a British Waterways Search.

Q.

Does the report on the property's title compiled by the property solicitor in Rottingdean include details of the relevant rates of council tax for a maisonette before completion?

A.

The lawyer will contact the Lewes local authority to find out the appropriate council tax band and rates, which will be set out in the title report. Up-to-date rates for residents of Rottingdean are tabled online at the Lewes council website. On (07 March 2013) the different rates are:

  • Band A - £1,097.00
  • Band B - £1,279.00
  • Band C - £1,462.00
  • Band D - £1,645.00
  • Band E - £2,010.00
  • Band F - £2,376.00
  • Band G - £2,741.00
  • Band H - £3,290.00

Q.

Is lithium (Li) frequently found to affect Rottingdean soil?

A.

Rottingdean agriculture or industry can cause soil contamination. Data on many contaminants, such as groundwater contamination, will be included in an environmental search.

Q.

Can you advise how to circumvent paying stamp duty to the Revenue?

A.

Homeward Legal firmly advise against any stamp duty mitigation scheme. Such schemes are often uneconomical and , if a scheme is challenged, you can be fined up to 100% of the amount owed, in additional to the tax itself.

Q.

What amount of time does the legal work to sell property require? I already have an offer.

A.

In general, the time needed to sell or purchase a property does vary, according to a broad set of aspects. We strive to ensure the matter is handled as fast as possible, without compromising on service.

Q.

Where look for ascertain whether the Rottingdean conservation area I am buying in is in a poor state?

A.

Local conservation areas are set up by the local Lewes planning authority, who regulate the state of the area including things like poorly maintained roads, dormer windows and what can be demolished. Following a campaign, English Heritage now maintain a detailed list on the state of repair of conservation areas in England along with the exposure to deterioration.

 
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