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Transfer of Equity in Wiltshire

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 Wiltshire

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

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 10/01/17

Warminster station is around 8 miles from Wiltshire. Wiltshire's closest airport is Bristol Airport.

Green Lane Devizes is the most convenient hospital for Wiltshire.

Q.

How do we find affordable conveyancing in Wiltshire?

A.

Many firms purport to offer so-called 'the cheapest conveyancing quotes', however additional charges may be added into the solicitor's terms of engagement. Your quote ought to define third party costs, termed disbursements, to be paid. Extra costs listed in the terms ought to be fair and reasonable.

Q.

Does 'fixtures and fittings' include things like fitted gas or electric fires?

A.

Buyers in Wiltshire will often be frustrated with the lack of formality around which fixtures and fittings should be included. Completion or agreement of a fixtures and fittings form is unfortunately often left to the last minute, when a dispute may jeopordise the transaction.

Q.

Do your solicitors have experience with the conveyancing for property auction properties in Wiltshire?

A.

We are very competent with auction buyers and sellers. Our panel of conveyancing lawyers have previously worked for numerous buyers and sellers at national and local property auctions, for example Acuitus, Allsop (Commercial), Allsop (Residential), Auction House London, Award Property, Barnett Ross, Baxtons, Brendons Auctioneers, Countrywide Property Auctions and Drivers Norris.

Savvy purchasers tend to select a local lawyer as early as possible to allow enough time for a review of the auction pack before the auction day itself. Q.

Can we defer paying stamp duty?

A.

Stamp duty avoidance is not advised when buying in Wiltshire, because these schemes are expensive and , if a scheme is challenged, you can be fined up to 100% of the amount owed, in additional to the tax itself.

Q.

I have requested a conveyancing quote from you. Could I end up paying any extra charges?

A.

No. We never charge any hidden extra costs to buy or sell a home. You should be aware that some solicitors only estimate conveyancing costs. The final bill you receive may be much more.

Q.

How will my solicitor in Wiltshire report back on the potential risk of floods in Wiltshire for a Regency property I am hoping to buy?

A.

The lawyer will conduct formal conveyancing searches that incorporate Wiltshire area flood risk information. Depending on the results, the Wiltshire conveyancing solicitor might propose an inexpensive additional in-depth local Wiltshire area flood risk search.

Q.

We are buying on a recently-developed brownfield site. Supposedly beryllium (Be) soil contamination may be an issue.

A.

Given the history of industry and agriculture in parts of Wiltshire, soil contamination cannot be totally avoided. Data on many contaminants, such as water contaminants such as sewage and disinfection by-products, will be included in an environmental search.

Q.

What will the conveyancing searches be?

A.

The cost of conveyancing searches varies markedly, depending on the specific searches which have been ordered. They are paid to a third party, and are charged at cost.

 
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