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Transfer of Equity in Clerkenwell

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 Clerkenwell

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

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Updated: 20/10/16

Clerkenwell attractions and landmarks

Brixton London Windmill, Holborn Lincolns Inn Great Hall Historic Building and Temple Middle Temple Hall Historic Buildingare all around Clerkenwell.

The closest station to Clerkenwell is Farringdon. Clerkenwell's nearest airport is London City Airport. Heathrow Terminals 1 2 3 Airport is 16 miles, London Heliport Airport is 5 miles, Heathrow Terminal 5 Airport is 17 miles, Heathrow Terminal 4 Airport is 16 miles, Northolt Jet Centre Airport is 14 miles, Elstree Airport is 13 miles and London Biggin Hill Airport is 15 miles away.

Commuters are well served with Clerkenwell having good road access within 3m of the A40M.

The closest hospital to Clerkenwell is St Bartholomews London.


How do I find the cheapest Clerkenwell conveyancing quote?


Many online and high street solicitors claim to offer cheap conveyancing quotes, but extra charges can inflate your solicitor's invoice. Any disbursements should be included on a Clerkenwell conveyancing quote. Our online quote calculator will generate an accurate quote for your transaction.


Will it be necessary to get a chancel search if I plan to purchase in the parish of Old Street St Luke, near Clerkenwell?


Your conveyancing solicitor could advise that a chancel search is taken out, irrespective of the parish in which the home being purchased is found. In older areas of Clerkenwell, chancel repair may be apportioned on current owners of a home where Parochial Church Councils have previously chosen not to do so, so indemnity insurance may be advisable even if liability is unlikely.


Is there a risk that our purchase will be gazumped?


This describes when one buyer's offer is, following agreement, later rejected by the property seller and then selecting another purchaser's offer. The danger of getting gazumped is present in any transaction. You should instruct a fast, efficient solicitor early, and even before acceptance of an offer to reduce the chance of your transaction being gazumped.


My wife and I are intending to buy in Clerkenwell. How can we confirm that the house is in a conservation area?


With 9000 such areas listed throughout the country, the regions in or near Clerkenwell will include a range of conservation areas. These restrictions can make repairs more costly or time-consuming, but the benefits will include protection for parks and green spaces.


Is a leasehold supplement a fee or disbursement?


Fees and disbursements should be clearly stated on a quote for your conveyancing, with no additional charges of any kind in the small print. This cost is a fee not a disbursement, and should be clearly stated in your quote.


Do you recommend that we get a chancel search? I am purchasing close by rectory grounds in Clerkenwell.


Where land in Clerkenwell was once owned by a lay-rector, new owners of that property may be obliged to subsidise repairs to a medieval church. As a result of the Land Registration Act 2002, interest over any affected land in Clerkenwell must be registered by October 2013. This will make it easier to identify affected property through a chancel search. Church properties in Clerkenwell include Holy Redeemer, St James and St Mark's.


The web is full of a growing number online articles all about DIY conveyancing. That being the case, do I need to instruct a Clerkenwell solicitor for my home move?


There are no arguments why you cant go down that route and engage in the bulk of the legal process without lawyer in Clerkenwell. That said, a conveyancer handles a large number of roles from e.g. approving completion statements and registering the new title owner most of which need training. Critically DIY conveyancers might come a cropper appropriate insurance cover which practicing solicitors practices must pay for.


How long on average will it take my assigned property solicitor to conduct the legal formalities on a terraced fifties property we are intending to buy?


The process can take anywhere from 1 month to 12 weeks, which can be hampered by a number of issues for example the speed of the vendor's solicitor, or renegotiations.

Homeward Legal's lawyers are exceptionally proactive work towards you moving home as soon as realistically possible.