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Transfer of Equity in Arkley

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 Arkley

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

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 01/12/16

Are you planning to moving to the Arkley area? Some handy Arkley public transport and services facts -

Arkley's nearest airport is Elstree, Hogg Ln Airport (4 miles). Heathrow Terminals 1 2 3 Airport is 16 miles, Luton Airport is 18 miles, London City Airport is 16 miles, London Heliport Airport is 13 miles, Heathrow Terminal 5 Airport is 17 miles, Heathrow Terminal 4 Airport is 16 miles, Northolt Jet Centre Airport is 10 miles, Elstree Airport is 4 miles, White Waltham Airport is 25 miles, London Biggin Hill Airport is 25 miles and Booker Airport is 25 miles away and Arkley's nearest train station is Elstree and Borehamwood.

Arkley is nearby at inside 3m of the M25 junction entry 23 Westbound.

The nearest hospital is Barnet.

Q.

I need a cheap solicitor to purchase a leasehold house. What is included?

A.

Lack of clarity over this topic affects many sellers and buyers who opted for a very cheap quote, only to be stung later in the conveyancing process, and many firms advertise supposedly cheap conveyancing. Often extra fees may be added into the terms of engagement that sellers and buyers often do not check. Any charges found in terms and conditions ought to be fair and be applied only where the conveyancer is required to complete extra work , which could not be anticipated at the start of the process. Get a quote using the Homeward Legal quote calculator for the property you are buying.

Q.

Why does sale conveyancing seem to be so slow?

A.

The legal work required to buy or sell a property can be subject to numerous interruptions or delays. Homeward Legal work hard to curtail the consequences of these delays wherever it is feasible by proactively handling all enquiries. Reasons for delay include slow third parties such as landlords or managing agents.

Q.

Does a Arkley property lawyer get any searches on the London forties mid terrace home I want to buy?

A.

If buying and getting a mortgage lender will expect at least the following for Arkley: Local Authority, Drainage Search (Con29DW or personal) and Environmental, as well as any specific searches e.g. a Company Searches.

Q.

The maisonette being bought is on a ex-industrial site. What should we do regarding chromium topsoil contamination?

A.

The risks posed by topsoil contamination to Arkley inhabitants are usually low. Other sources of contaminated land include groundwater contaminants like oil and radioactive waste.

Q.

If we are buying in the parish of Perivale, will we need a chancel search?

A.

Regardless of the Arkley parish you are buying in, the solicitor might recommend that a chancel search is taken out. In older areas of Arkley, chancel repair may be imposed on the owners of a building where Parochial Church Councils (PCCs) may have not done so in the past, so it can be difficult to use this as a guide.

Q.

I have read about the fact that 4 of the top 5 wettest years recorded were in last 10-12 years, we are wondering whether environmental searches aren't thorough enough?

A.

The property solicitor in Arkley should include flood searches if the standard searches flag up a significant risk local Arkley flood risk.

For more area background you can converse with a neighbour.

Q.

Myself and my partner are purchasing in Arkley. Can I check that the property is in a conservation area?

A.

The areas near or within Arkley will include a number of areas of historical or architectural value defined as conservation areas. A conveyancing lawyer will discuss what specific restrictions are in place and be able to offer more information.

Q.

Which local authority looks after Arkley?

A.

Arkley is located in London Borough of Barnet Council, North London Business Park (NLBP), Oakleigh Road South, London, N11 1NP, phone: 020 8359 2000

 
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