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Transfer of Equity in Seahouses

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 Seahouses

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

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Ask Lorraine a question

Updated: 17/01/17

Local Seahouses attractions

Farne Lighthouse, Bamburgh Castle Historic Houses Association and Bamburgh Castle Castle are close at hand to Seahouses.

The closest airport to Seahouses is Newcastle Airport (38 miles). Seahouses's closest station is Chathill at 4 miles.

The neighbouring hospital for Seahouses is Alnwick Infirmary.


How do we get the cheapest conveyancing solicitors?


Lack of clarity over this point catches out many homeowners, and can leave them paying far more in conveyancing fees than they budgeted. Many firms claim to offer 'the cheapest conveyancing quotes'. Unfortunately extra costs are often hiding in the solicitor's terms of engagement. Busy, stressed homeowners ignore these terms at their peril. A quote should also state third party costs, termed disbursements, to be paid.


For fast legal work on the purchase of a £ 140,000 residence, what should we do?


Many buyers will, correctly, argue that contacting a proactive and experienced conveyancing solicitor is the key to a fast transaction. When finding a suitable a conveyancing solicitor, consider these questions: Will they order searches immediately? Was there a delay delivering a quote? What methods of communication do they use? Posting documents can adds days of waiting to a purchase.


How much would conveyancing searches generally cost?

Searches range in cost. These searches are charged 'at cost'.


We plan to complete on around 5th November, how is stamp duty calculated?


The SDLT payable depends on the property's value. On a £1025000 property in Seahouses, stamp duty will be £51250.


Do you have good solicitors that specialise the conveyancing for auction properties in Seahouses?


Our property solicitors commonly get instructed by sellers at auction. We always suggest auction buyers to appoint a SRA regulated property conveyancing lawyer well before the day of the auction to allow for a thorough review of the legal pack.

After the property auction date, your lawyer has to be geared up to get through the legal process inside 28 days as conventionally required by the auction conditions.


Are buyers often gazumped in Seahouses?


This arises when a house seller acknowledges an offer and then rejects it in favour of a higher offer. The risk of gazumping exists for almost any purchase. The first step in reducing the chance that gazumping will effect you is to instruct your conveyancing solicitor as soon as you can.


Seahouses lawyers conduct formal searches when they are acting for a home buyer - which specific ones?


If taking out a mortgage the building society of bank mandates at least a specified set of searches, including the following Local Authority, Drainage and Water Search (CON29DW or personal) and Environment Search, and occasionally specific local searches such as Anti Money Laundering Search.


What can impact land in Seahouses, and should they be a problem?


A range of contaminants caused by human activities may spoil property. Contaminants such as pollution incidents should be reported on during conveyancing searches.