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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.

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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: 23/01/17

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.

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.

Q.

When you are buying a Rottingdean house by parish land, is it necessary to get a search for chancel liability?

A.

In Rottingdean, some owners can be required to cover the cost of maintenance of nearby church land. Owners who have bought property prior to 2003 may be totally unaware that a

liability exists if a chancel search was not carried out. A solicitor will be able to advise further. Rottingdean churches where a chancel search may be appropriate include St Margaret.

Q.

Which factors can contaminate land in Rottingdean. Are these checked for thoroughly?

A.

Numerous of contaminants may significantly reduce the value of property in Rottingdean, like sand or clay quarries. An environmental search should offer more information.

Q.

Following recent news about the fact that 2012 was second wettest year since records began, I am apprehensive that environmental searches might not be sufficient?

A.

A Rottingdean property lawyer will carry out environmental searches if the initial searches identifies any kind of Rottingdean flood risk.

You may be able to converse with a local resident to gain more confidence.

Q.

Which lenders in Rottingdean do you work with?

A.

The Homeward Legal partnership work in conjunction with most lenders who are Council of Mortgage Lenders-approved. A number of mortgage specialists operate in Rottingdean, including Pace Kathy Associates, Flat 24 Berriedale House/251-255 Kingsway, Hove, BN3 4HD, Conti Overseas, Sheridan House/Western Rd, Hove, BN3 1DD, and Mortgage World, Westerman Complex/School Rd, Hove, BN3 5HX.

Q.

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

A.

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.

We are intending to purchase a church rectory in the parish of Up Waltham. Is a chancel search required?

A.

A Rottingdean conveyancing solicitor is likely to recommend that a chancel search be ordered. Although some church councils have opted to impose chancel repairs on the current owners, a conveyancing solicitor cannot verify that a parish where repair costs have not been paid before, that this will not be so in future, so it can be difficult to use this as a guide.

 
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