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Transfer of Equity in Southwick

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 Southwick

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

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Updated: 06/12/16

Things to do in Southwick

Hove Windmill, Museum of D - Day Aviation Aviation Museum and Hove St Andrew Churches Conservation Trust are around Southwick.

The closest train station to Southwick is Southwick, approximately a mile away. The closest airport to Southwick is Shoreham, Cecil Pashley Way Airport. Gatwick South Terminal Airport is 23 miles, Gatwick North Terminal Airport is 23 miles and Shoreham Airport is 3 miles away.

The closest hospital to Southwick is Southlands Shoreham.


We are looking for a low cost conveyancing quote in Southwick. What do I need to check for?


The confusion over this issue catches out many buyers, and can leave them paying far more in fees than they budgeted. Many solicitors promote supposedly 'the cheapest conveyancing'. However extra charges will be included in small print, left unread by preoccupied buyers Homeward Legal quotes are not estimates, and offer a clear statement of your legal fees for a standard conveyancing transaction.


How is stamp duty tax assessed and what should we budget for a £196000 Southwick home?


Stamp Duty will depend on the value of the property. On a £196000 house, stamp duty will be £1960.


Can you recommend how to get out of paying out for stamp duty on the property?


Stamp duty usually must be paid for home purchases valued at over 125,000 pounds. We strongly advise against any form of stamp duty mitigation. These 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. There have been a number of legitimate initiatives, however, such as higher thresholds for first-time buyers.


Would it be practical to carry out the legal conveyancing process on our own.


Technically speaking there are no reasons at all why you cant go down that route and complete the legal work without assistance.

That said, a property lawyer carries out a huge number of activities including raising additional enquiries or interpreting the lease some of which require experience.


I have got a quote from you. Are there any hidden costs?


No. We never hide any additional costs under any circumstances. You should be aware that some solicitors' firms will give a low estimate, not an accurate quote. The bill you receive on completion can be much greater.


Which local authority looks after Southwick?


Southwick is located in Adur District Council, Civic Centre, Ham Road, Shoreham- by- Sea, West Sussex, BN43 6PR, phone: 01273 263 000


What length of time can conveyancing generally need, on average? The property is also local.


In general, the amount of time taken to transfer a residence varies, affected by a number of aspects, for example, whether either party has a mortgage. For most firms in England and Wales, the average is between 8 to 12 weeks, we however deliver results within six weeks, if possible.


Southwick property solicitors order varied searches if instructed by a property purchaser but what actual searches?


If you are taking out a mortgage lender requires you to the following Local Authority (personal or official), Drainage Search (Con29DW or personal) and Environment Search, and, depending on certain criteria, unique particular e.g. a Planning.