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Transfer of Equity in Abbey Wood

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 Abbey Wood

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

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Updated: 17/10/16

Intending to relocate to Abbey Wood? Practical regional travel and public service information

London City Airport is 3 miles from Abbey Wood. Heathrow (Terminals 1, 2, 3, 4 and 5) Airport is 25 miles away, Elstree Airport is 22 miles, Rochester Airport is 20 miles and London Biggin Hill Airport is 12 miles away. Train links are also conveenient with the nearest train station only 1 mile.


Abbey Wood attractions and landmarks


Erith London Windmill, Museum of the Royal Arttillery Firepower Aviation Museum and Blackheath Old Dover Rd Library Art Galleryare all around Abbey Wood.

The most convenient hospital is Heathlands Private Belvedere.


How do we get low cost conveyancing?


Many conveyancers advertise supposedly cheap conveyancing quotes. Unfortunately extra costs are often hiding in the terms and conditions, left unregarded by busy homeowners Any extra costs listed in the terms should be fair and reasonable. They be applicable if your conveyancer must complete unanticipated additional work , which could not be anticipated at the start of the process. Your conveyancing quote should also clearly state any disbursements.


What steps can we take to hold off paying for stamp duty land tax?


SDLT is payable for houses sold for over £125,000. Stamp duty reduction should not be considered when purchasing in Abbey Wood, because these schemes are often uneconomical and the HMRC can review a scheme up to 6 years after a sale is completed and the total stamp duty tax may be payable.


If we are intending to purchase in the parish of Harmondsworth, should we order a chancel search?


The solicitor is likely to recommend that a chancel search is taken out, whichever parish in which the property being purchased is located. Although some Parochial Church Councils have exercised their right to charge chancel repairs on the owners of lay rectorships, it is not possible to be certain that a parish where chancel repair fees have not been paid previously will continue to be unaffected.


We are buying on a recently-developed ex-industrial use land. Is the soil likely to remain contaminated?


Metal contamination may have occurred throughout Abbey Wood, but contaminated land areas are labelled as such if the danger to the environment is judged to be too great. Environment search results will factor contaminants, including metals and others such as groundwater contamination and trichloroethylene.


Does look after the conveyancing for auction properties in Abbey Wood?


We are able to work with residential property auction conveyancing. It is not unusual for hard to value auction lots e. g. development properties, are purchased in auctions which tend to want supplementary fact-finding. Homeward Legal therefore advise auction buyers to choose a lawyer well before the auction day to allow enough time for a detailed report.

Subsequently, immediately after the auction day the conveyancing solicitor is utterly focused on finishing the conveyancing in a month as typically required .


I am in a contract race situation, and need guarantee fast conveyancing, what can we do to speed up the transaction?


Most importantly, contacting a proactive conveyancer is crucial to a fast conveyancing transaction. You should consider:

  • Did you experience any delays when requesting a quote?
  • What methods of communication do they use? Posting documents can adds days of waiting to a purchase.
  • Will they work on a 'no sale, no fee' basis?


How do I verify that a house is in a designated conservation area?


These areas denote neighbourhoods of historical or architectural value. A lawyer will address the consequences of purchasing property in a conservation area and offer more information.


Should I get a surveyor to check for defects affecting our home purchase in Abbey Wood?


The Royal Institution of Chartered Surveyors strongly recommend that most purchasers book a house survey. Buyers should be aware that there are a range of defects that have a negative impact on a property, which will not be covered by the legal work, such as roof damage.