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Transfer of Equity in Sandbanks

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 Sandbanks

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

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 01/12/16

Local information:

The closest station to Sandbanks is Parkstone, almost 3 miles away. Sandbanks's closest airport is Bournemouth International Airport (8 miles).

Q.

Sandbanks area information

A.

Brownsea Island National Trust Poole Compton Acres (Historic Gardens) Country Park and Oceanarium Aquarium are situated in Sandbanks.

The closest hospital for Sandbanks is St Anns Poole.

Q.

We are trying to find an affordable Sandbanks conveyancing quote. How do we get a quote?

A.

This issue catches out many home owners, and can leave them paying far more in conveyancing fees than they budgeted. Many firms promote supposedly 'the cheapest conveyancing'. However extra fees are often hiding in the small print. These terms are often ignored by excited home owners, eager to get underway. Any fees included in terms and conditions should be reasonable. Our quotes clearly state all legal fees for a standard conveyancing transaction.

Q.

Should we get a chancel search if I am purchasing in the parish of Piddlehinton, near Sandbanks?

A.

Whichever Sandbanks parish in which you are buying, a solicitor is likely to recommend a chancel search. Chancel repair dues can be collected on the owners of a property where church councils may have spared previous owners or tenants. In the event that chancel liability may apply, your solicitor might recommend insurance rather than pulling out of the purchase.

Q.

We need to complete this £178,000 home purchase as soon as possible, how do we get a fast conveyancing process?

A.

Contacting a proactive, diligent solicitor is key fast conveyancing. There are numerous tasks you, as the buyer, could do. These include:

  • if you intend to get a house survey, doing so as early as you can
  • contacting your solicitor regularly
  • responding to your solicitor by phone, fax or email wherever possible

Q.

What do searches apply to?

A.

Conveyancing searches are questions requested by your property solicitor. Searches will only cover the legal condition of the property's title.

Q.

Do you advise that I get a chancel search if my family are buying a property close by a priory built in the 17th Century in Sandbanks?

A.

Repair costs resulting from chancel liability can total hundreds of thousands of pounds. Following the Land Registration Act 2002, interest over any affected land in Sandbanks must be registered by October 2013. This will make it easier to identify affected property through a chancel search. Sandbanks church properties include St Nicholas.

Q.

The property being purchased is on a brownfield land. Is the soil potentially contaminated by waste minerals like arsenic?

A.

Sandbanks and the surrounding region has a legacy of chemical contamination. Various bodies hold data on land contaminants affecting Sandbanks, including local authorities.

Q.

Is there something we can do to defer paying out for stamp duty land tax?

A.

Homeward Legal firmly advise against any stamp duty reduction scheme. These schemes are highly expensive and unreliable.

Q.

What length of time should the conveyancing process usually take, according to your estimates? I am purchasing a flat in Sandbanks.

A.

The amount of time required to buy or sell a home will vary. This is based on a number of legal considerations including whether a mortgage lender requires particular searches. Nationwide, the average is around ten weeks, we however take a proactive approach, driving the sale or purchase to complete sooner.

 
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