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Transfer of Equity in Tynemouth

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 Tynemouth

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

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Updated: 29/11/16

Tynemouth points of interest

St Mary Lighthouse Lighthouse, Tynemouth Priory and Castle English Heritage and St Paul Monastery English Heritage are situated in Tynemouth.

The nearest station to Tynemouth is East Boldon, around 5 miles away. Tynemouth's closest airport is Newcastle Airport (12 miles).

The nearest hospital to Tynemouth is North Shields, North Tyneside General.


Please confirm the cheapest fee for a £213,000 property? We need a fixed rate conveyancing quote in Tynemouth.


Many firms purport to offer so-called cheap conveyancing, however additional fees are frequently hidden in the terms of engagement which unwary homeowners fail to check.


How much can the conveyancing searches in Tynemouth be?


Searches range in cost. They are paid to a third party, and will be charged at cost.


Does your solicitors company administer the conveyancing for auction properties in Tynemouth?


We are highly knowledgeable with buyers at auction. It is not unusual for more complicated to convey buildings such as property that cannot be insured are included in auctions which will want extenedbefore committing. Solicitors therefore advise that buyers choose a SRA regulated conveyancing firm well before the auction day for a full review.

Thereafter, following the property auction date, your lawyer is fully prepared to get through the auction conveyancing process in 28 days, a normal requirement of terms and conditions of sale.


Which local authority looks after Tynemouth?


Tynemouth is located in Newcastle upon Tyne City Council, Civic Centre, Barras Bridge, Newcastle upon Tyne, NE99 2BN, Call: 0191 232 8520


Is Tynemouth soil possibly contaminated by molybdenum?


Some metal contamination may have occurred throughout Tynemouth, but an area will only be identified as 'contaminated land' if the risk to human life or the environment is deemed unacceptable. Also considering issues such as perchlorate, contaminants affecting Tynemouth property will be factored into an environmental search.


Handling the legal work without the help of a Tynemouth property solicitor appears to be becoming possible when buying and selling a house. However, would it really be realistic ?


There are no arguments why you shouldn't look after the conveyancing on your own. That said, a conveyancing solicitor in Tynemouth typically handles a long list of actions e.g. raising additional enquiries and checking for any restrictive covenants most of which really need a qualified professional.

In any event however, solicitors firms will take out professional indemnity insurance that protects you in the event of any carelessness made by the lawyer.


Which elements assist with organising a fast conveyancing process?


The key to a fast transaction is to use a proactive solicitor. Beyond that, there are a number of things you, as the buyer, can also do to speed up the process. These include:

  • responding to your solicitor by phone, fax or email wherever possible
  • arranging your mortgage offer
  • keeping in regular contact with your solicitor


What amount of time should be budgeted for conveyancing to transfer property generally take?


For most property, the number of weeks required to transact a home will vary. This is based on a number of legal considerations, for example, whether the property being bought or sold is leasehold. Eight to twelve weeks is the industry-wide average, whereas Homeward Legal work for a deadline of six weeks.