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Transfer of Equity in Surrey

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.

Get an instant quote for a transfer of equity in Surrey.

Remortgage Solicitors Surrey

Homeward Legal's panel of solicitors carry out remortgage conveyancing for Surrey 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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or call us: 0800 038 6699


The Conveyancing
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Conveyancing in Surrey Q & A's

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 16/01/17

Surrey's closest airport is Heathrow Terminal 4 Airport (14 miles). Heathrow Terminals 1 2 3 Airport is 15 miles, London Heliport Airport is 19 miles, Heathrow Terminal 5 Airport is 15 miles, Farnborough (TAG London) Airport is 14 miles, Gatwick South Terminal Airport is 16 miles, Gatwick North Terminal Airport is 15 miles, Northolt Jet Centre Airport is 21 mile s, White Waltham Airport is 21 mile s, Blackbushe Airport is 17 miles and London Biggin Hill Airport is 22 miles away and Surrey's nearest station is Clandon at 2 miles.

Mount Alvernia is a nearby hospital.

Q.

I need to find a cheap solicitor quote to buy a freehold house. How do I get a quote?

A.

Various property lawyers claim to offer 'the cheapest conveyancing', but extra costs can increase your final invoice. The Homeward Legal quote calculator will confirm the exact legal fees based on the property you are buying.

Q.

Will your lawyer in Surrey request official or personal searches on my property purchase?

A.

The property solicitor will advise as to the ideal course of action, depending on factors like lender requirements. For personal searches, the conveyancing solicitor might perhaps consider a search agent wit local experience such as Chase Consulting, Cedar House, Cedar Lane, Frimley, Surrey, GU16 7HZ Tel: 01276 24131 Fax: 01276 24401

Q.

Is homewardlegal.co.uk set up to move fast on the legal conveyancing of residential property auction properties in Surrey?

A.

Yes - We prepare legal packs for vendors and often carry out work for sellers at auction. Our niche auction team of lawyers have in the past been instructed by countless buyers and sellers at national and local property auctions including Acuitus, Allsop (Commercial), Allsop (Residential), Auction House London, Award Property, Barnett Ross, Baxtons, Brendons Auctioneers, Countrywide Property Auctions and Drivers Norris.

Prudent auction buyers always pick a suitable firm as quickly as possible to allow for a detailed report of the auction legal papers prior to the auction.

Post day of bidding, your lawyer will need to be fully prepared to get through the transaction within the 28 day time frame, a requirement of conditions of sale.

Q.

What conservation areas are there in Surrey?

A.

Buyers in Surrey should be aware of numerous local conservation areas. Brooklands, Ewell Village and Epsom Town Centre are among the conservation areas in Surrey. Living in a conservation area can mean preservation of an area's historic charm, but the restrictions can result in the buyer inheriting liability of unauthorised changes. A lawyer will discuss the relevant responsibilities you would be taking on by purchasing in a conservation area.

Q.

Will we need to get a chancel search? We are purchasing a maisonette in Surrey.

A.

Chancel liability repair costs can run into £100,000s, which owners of affected property will be compelled to pay on demand to the Surrey Church council. Liability has the potential to impact the value of a property, but insurance is available should an obligation to fund repairs be enforced.

Q.

What length of time can we budget for conveyancing to buy an apartment take in Surrey?

A.

The length of time needed to transfer a home is not wholly predictable, based on a number of considerations which may include if the property being bought or sold is leasehold. Our solicitors work hard to ensure every sale receives fast and efficient service.

Q.

The property seller looks to have fitted unsuitable artificial stone cladding on the building which I think might conflict with Ewell Village conservation area rules.

A.

The property lawyer will make enquiries to find out if the property is inside a designated conservation area and whether any alterations have required consents from the local authority.

Q.

We are purchasing a £1187000 Surrey residential property. How is stamp duty assessed?

A.

Stamp Duty will depend on a limited set of factors, primarily the value of the house. On a £1187000 residential property, stamp duty will be £59350.

 
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