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Transfer of Equity in Bermondsey

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 Bermondsey

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

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Updated: 16/10/16

Bermondsey area information

George Inn National Trust , Trinity Buoy Wharf Lighthouse, Tate Modern Art Gallery and Imperial War Museum Aviation Museum are close at hand to Bermondsey.

The closest airport to Bermondsey is London City Airport (5 miles). Heathrow Terminals 1 2 3 Airport is 17 miles, London Heliport Airport is 6 miles, Heathrow Terminal 5 Airport is 19 miles, Gatwick South Terminal Airport is 24 miles, Gatwick North Terminal Airport is 24 miles, Heathrow Terminal 4 Airport is 17 miles, Northolt Jet Centre Airport is 16 miles, Elstree Airport is 16 miles and London Biggin Hill Airport is 13 miles away. The nearest station to Bermondsey is South Bermondsey, approximately 1 mile away.

Motorists are well served with Bermondsey being well placed with excellent major road access approximately 3m of the A102M.

The closest hospital for Bermondsey is London Bridge.


We are trying to find the cheapest conveyancing solicitors. Will we get a quote or and estimate?


This catches out many buyers, and can leave them paying far more in fees than they budgeted, and many firms offer supposedly 'the cheapest conveyancing quotes'. Unfortunately extra charges are frequently hidden in the terms that unknowing buyers have not reviewed Charges included in the solicitor's terms needs to be reasonable and be applicable if the conveyancer must complete work beyond standard conveyancing , which could not be anticipated at the start of the process. The Homeward Legal quote calculator will confirm the solicitors' fees, based on the property you are buying.


What are the pitfalls if we buy a flat within a Southwark local authority designated conservation area ?


Part of the conveyancing process involves making enquiries of Southwark planning authority to determine conservation area status and the existence of permission for any alterations. If no appropriate consents be available, your Bermondsey conveyancing solicitor will give you professional advice on the options which can include getting covered by an indemnity insurance or obtaining retrospective permission from Southwark local authority.


How do we get out of paying out for SDLT?


Homeward Legal do not recommend conveyancing clients risk any form of stamp duty reduction, as such schemes are often uneconomical and the HMRC can review a scheme up to 6 years after a sale is completed .


Is contaminated land a concern for most houses in Bermondsey?


Land may be contaminated by a wide range of environmental concerns, and an environmental search will confirm if a particular property could be affected by contaminants in the area including brine works or petroleum and fuel sites.


As a result of the fact that 2012 was second wettest year since records began we are wondering whether environmental searches aren't thorough enough?


Your conveyancer in Bermondsey will include property environmental searches if the standard conveyancing searches flag up any kind of Bermondsey flood risk.

For more history you could always contact a close neighbour.


How do you work out stamp duty, and how much will it be on a £1197000 property?


The Stamp Duty you will owe will depend on the purchase price of the house or flat. For a residential property purchased for £1197000, SDLT is £59850.


Is a property survey sensible when buying a property in Bermondsey?


The Royal Institution of Chartered Surveyors firmly recommend that all buyers in Bermondsey arrange a surveyor. It is a fact that there are a range of defects that affect a property, that a solicitor will be unable to address, which include wet rot and settlement.


In 2 months we are intending to be moving from our detached house just outside Bermondsey into a new house in Peckham , at what stage to select a removals firm?


The ideal approach is for home movers to hold off agreeing a removal firm until the point where both sides have set an absolute moving date which typically occurs once contracts are signed. Many home removals companies will charge a change of date cost . Try Payless Removal, 15 Tranton Road, London, SE16 4SE Tel: 07905 110202.