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Transfer of Equity in Rustington

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 Rustington

Homeward Legal's panel of solicitors carry out remortgage conveyancing for Rustington clients every week.

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The Conveyancing
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Conveyancing in Rustington Q & A's

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 26/11/16

Rustington data:

Shoreham, Cecil Pashley Way Airport is 10 miles from Rustington. and Angmering train station is about 1 mile from Rustington.

Goring Hall Worthing is a nearby hospital to Rustington.

Q.

How do we find the best rates for conveyancing for a £398k house?

A.

Several firms offer so-called cheap conveyancing. Often extra charges are frequently hidden in the solicitor's terms of engagement. Extra fees should be reasonable and clear. Our quotes are not estimates, stating all the solicitors fees you will pay for a standard sale or purchase.

Q.

We plan to buy a rectory in the parish of Boxgrove. Will it be necessary to get a chancel search?

A.

Whether you are buying a building in Rustington or elsewhere in the county, the conveyancing solicitor might recommend that a chancel search be ordered. In older areas of Rustington, chancel repair has the potential to be charged on current owners of a building where church councils have not imposed the same liability on the last owners. It is not safe to rely on the historical behaviour of the parish council alone as a guide.

Q.

When in the process should I find a conveyancing solicitor to act on our sale?

A.

With a 'no move, no fee' guarantee, the earlier, the better, as there are various tasks that can be performed immediately. Prompt instruction of a conveyancing solicitor can reduce any chance of the other side pulling out.

Q.

Rustington property lawyers conduct a number of property if acting for a home purchaser, but which specific ones?

A.

When you are getting a mortgage the mortgage lender requires you to these searches - Local Authority (personal or official), Drainage and Water Search (CON29DW or personal) and Environmental, and occasionally area-specific searches, like a Cheshire Brine Search.

Q.

Are the any areas of conservation in Rustington likely to affect us?

A.

Conservation areas cover regions of historical merit. These restrictions adds to upkeep costs, but the benefits will include preservation of an area's historic charm. Your conveyancing solicitor will be able to provide more details.

Q.

What causes the conveyancing work to require months?

A.

The conveyancing process could be held up, we, however, do our best to minimise their burden wherever feasible by pushing all parties involved.

Q.

Will our conveyancer in Rustington inform me about the cost of the council tax for a Band A property prior to exchange of contracts?

A.

Your solicitor will contact the Arun local council to ascertain the latest council tax rates, which should then be added to the conveyancing report on title. Up-to-date charges for residents of Rustington are published online at the Arun local authority site. At the time of authoring on 26 July 2012 the different rates are:

  • Band A - £1,015.00
  • Band B - £1,184.00
  • Band C - £1,353.00
  • Band D - £1,522.00
  • Band E - £1,860.00
  • Band F - £2,198.00
  • Band G - £2,537.00
  • Band H - £3,044.00

Q.

Does 'fixtures and fittings' include things like the fridge?

A.

Generally speaking, there is no strict definition of 'fixtures and fittings'. Completion or agreement of a fixtures and fittings form is unfortunately often left to the last minute, when a dispute may jeopordise the transaction.

 
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