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Transfer of Equity in Whiteley

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 Whiteley

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

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 07/12/16

Drivers are well served with Whiteley enjoying very convenient major road access very close at inside a miles of Junction 9 Eastbound of the M27.

The closest airport to Whiteley is Southampton, Mitchell Way Airport (7 miles). Southampton Airport is 8 miles, Bembridge IoW Airport is 16 miles and Sandown IoW Airport is 17 miles away. The nearest station to Whiteley is Swanwick.

Q.

Local Whiteley attractions

A.

Bursledon Hants Windmill, Manor Farm Country Park Hampshire Passport and Bursledon Windmill Hampshire Passport are close to Whiteley.

The nearest hospital for Whiteley is Ravenswood House Knowle.

Q.

We need to find a cheap solicitor quote for selling a home. What should we check?

A.

Many online and high street conveyancers offer cheap conveyancing, but additional charges will be included in the terms and conditions. A quote for conveyancing in Whiteley should also clearly state the disbursements to be paid. Additional costs should be reasonable.

Q.

We plan to complete on around 26th November. What will be assessed for stamp duty tax?

A.

Stamp Duty is based on the home's value. On a £462000 property, stamp duty will be £13860 (source: www.hmrc.gov.uk, September 2012).

Q.

Do you have low cost solicitors that have experience with the conveyancing of auction properties in Whiteley?

A.

Yes - All of our property conveyancers do frequently get instructed by auction buyers and sellers. Lawyers typically tell bidders to formally

instruct a fast lawyer well before the property auction date to allow sufficient time for a full review. Q.

Is a chancel repair liability search a fee or disbursement?

A.

Some solicitors pass off additional costs as disbursements. It is not always obvious whether a cost is a fee or not, and whether it should be included. This charge is a disbursement not a fee, meaning the solicitor passes on the charge at cost.

Q.

Do I need to get a home surveyor to examine our house purchase?

A.

We advise that home buyers in Whiteley order a home buyer survey. There are many concerns that can affect a property. These include chimney defects.

Q.

Does the solicitor in Whiteley do any property on the Hampshire Edwardian end-of-terrace cottage I am intending to purchase?

A.

The routine procedure is to get Local Authority, Drainage and Water Search (CON29DW or personal) and Environment Search, and possibly specific searches such as Official Search of Whole with Priority (OS1).

Q.

How long can conveyancing legal work often require? I am buying in Whiteley.

A.

For most Whiteley residential property, the time needed to transfer property is not wholly predictable, with reference to several aspects. The national average is 8 to 12 weeks, but we aim for faster conveyancing, driving the transaction to complete within 6 to 8 weeks.

Q.

Do I need to get searches for chancel liability? We are buying a Whiteley flat on the same road as a church furlong.

A.

Some owners in Whiteley can be required to cover the cost of repairs to a local church. As a consequence of a recent Act, interest over any affected land in Whiteley must be registered by October 2013. This will make it easier to identify affected property through a chancel search. Whiteley Church of England properties where chancel liability may apply include Church (Conventional District).

 
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