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Transfer of Equity in Whitley Bay

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 Whitley Bay

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

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 04/12/16

Whitley Bay attractions

St Mary Lighthouse Lighthouse, Tynemouth Priory and Castle English Heritage and Rising Sun Country Park are close to Whitley Bay.

The closest airport to Whitley Bay is Newcastle Airport (10 miles). and the closest station to Whitley Bay is Cramlington, almost 6 miles away.

The nearest hospital is North Shields, North Tyneside General.

Q.

We need discount conveyancing, we are on a tight budget.

A.

Numerous firms purport to offer so-called 'the cheapest conveyancing quotes'. Unfortunately extra costs can increase your solicitor's invoice.

Q.

What kind of investigation in respect to the uncertain risk of local flooding to properties in Tyne And Wear will the conveyancing solicitor in Whitley Bay check?

A.

A vital step in the conveyancing procedure involves the conveyancer making an application for conveyancing and environmental searches that set out specific information about the local Whitley Bay flood risk. A more specific dedicated flood risk search, such as the Landmark search, may be proposed by the Whitley Bay conveyancing solicitor if the results of the initial searches show that there is a risk of flooding.

Q.

The local agent has suggested a solicitor whom they usually use. Will it be cheaper to instruct them?

A.

It is common for agents to suggest a solicitor, however, these referrals need to be weighed up against alternatives, including online or local firms, as the agent may prefer to suggest the firm which pays to the largest referral fee, not the most appropriate choice.

Q.

Which local authority looks after Whitley Bay?

A.

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

Q.

In the next month we are going to be moving out of our detached building in Whitley Bay to a home in Whickham . What is the right point to appoint a removals firm?

A.

Best practice is for buyers to put off arranging a removal firm until such time as you have confirmed your move date that takes place after signing of contracts. For a local Tyne And Wear company Roseby Keith, 4 Gordon Terrace, Whitley Bay, NE26 2NH Phone: 0191 290 3442 or Hussey Removals, 5 Windsor Av, Whitley Bay, NE26 2NU Tel: 0191 252 1140.

Q.

To complete on our freehold property purchase ASAP, how do we organise a fast conveyancing process?

A.

It is well established that fast conveyancing is essential to is to use a communicative property lawyer. There are a number of tasks you, as the buyer, can do to get moving sooner, such as, requesting regular updates from your property lawyer and keep the pressure on, answering any queries raised by the property lawyer as soon as possible and organising your finances.

Q.

Our purchase is completing in January, what will be calculated for stamp duty rates?

A.

The Stamp Duty owed is dependent on the property's value. It will be £10140 on a £338000 Whitley Bay home.*

*This information correct as of 01/03/2013

Q.

What would conveyancing searches usually cost?

A.

Conveyancing searches ranges in cost, depending on the particular searches ordered. Your solicitor will usually advise a pack including a local authority search and a chancel liability search.

 
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