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Transfer of Equity in Penge

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 Penge

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

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Updated: 22/10/16

Local key data:

The nearest airport to Penge is London Biggin Hill Airport. Heathrow Terminals 1 2 3 Airport is 21 mile s, London City Airport is 7 miles, London Heliport Airport is 10 miles, Heathrow Terminal 5 Airport is 23 miles, Gatwick South Terminal Airport is 19 miles, Gatwick North Terminal Airport is 19 miles, Heathrow Terminal 4 Airport is 21 mile s, Northolt Jet Centre Airport is 21 mile s, Elstree Airport is 23 miles, Rochester Airport is 22 miles and away. The closest station to Penge is Bromley North, almost 1 mile away.

The closest hospital is Sloane.


Are additional fees applied? I need a fixed rate conveyancing quote.


Many solicitors advertise so-called 'the cheapest conveyancing quotes', but extra charges are often hiding in the solicitor's terms of engagement. Any additional charges found in terms of engagement should be fair. They be applied only where your solicitor must complete unanticipated additional work in your interest, which could not be anticipated at the start of the process. The disbursements to be paid should be included on the conveyancing quote based on the property you intend to buy, our online quote calculator will generate an accurate statement of conveyancing fees.


How much is the council tax on a Fifties detached home in Penge?


Customarily a title report will give the appropriate Bromley council tax band. The latest council tax charges for Penge are set out on the Bromley local authority website. At the time of authoring, 26/10/2012, rates are as follows:

  • Band A - £865.00
  • Band B - £1,010.00
  • Band C - £1,154.00
  • Band D - £1,298.00
  • Band E - £1,586.00
  • Band F - £1,875.00
  • Band G - £2,163.00
  • Band H - £2,596.00


Does your solicitors company look after auction conveyancing in Penge?


Yes - Our firm is familiar with property auction conveyancing. It is not unusual for difficult to value houses for example thatched cottages are listed in property auctions which tend to demand extra due diligence.

Homeward Legal therefore advocate that buyers at auction formally instruct a residential lawyer before the property auction date to allow time for a full report of the sellers documents.

Subsequently, following the day of the auction a lawyer must be fully prepared to finalise all of the legal work in under the 4 week time frame as usually required by the auction conditions.


I want to find fast Penge conveyancers - is that you guys?


Typically home moving law firms are apathetic which creates even more stress to the house selling process. Our lawyers will always communicate up and down the property chain and use leading edge software and IT systems to exchange on your move to your preferred move date.


How many weeks will conveyancing legal work take, in your experience? I already have an offer.


For the majority of clients, the number of weeks needed to sell or purchase a residence may vary. This is influenced by a number of issues which may affect the property, for example, if the property being bought or sold is leasehold. Nationwide, the average is around ten weeks, whereas Homeward Legal drive the process forwards, completing within eight weeks.


What kind of due diligence regarding the potential risk of local flooding around Bromley will my Penge property lawyer look over?


A vital step in the legal due diligence process involves a conveyancing lawyer applying for conveyancing and environmental searches that set out certain details of any likely risk of flooding in Penge.


I am intending to buy a home. Do we need property searches?


Conveyancing searches are standard queries raised by the purchaser's solicitor, for example a search of the Index Map, and only deal with facets affecting the legal title.


In the next month we are expecting to move out of our detached home in Penge to a new dwelling in Cudham what is the right point to appoint a removal company?


Most lawyers usually advocate that you hold off until such time as contracts have exchanged as an actual home moving date wont have been agreed. Try JM Transport Services, 259 Ravensbourne Av, Bromley, BR2 0BX Call: 07572 995591 or Harradines Removals In Bexley, Westmoreland Rd, Bromley, BR2 0QL Telephone: 020 84197690.