Get an Instant 
Conveyancing Quote

Please quote me for:

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.

Get an instant quote for a transfer of equity in Arkley.

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.

Get an online Arkley solicitor remortgage quote to begin.

Call the Team

or call us: 0800 038 6699


The Conveyancing
Process Explained


Read More

Get an Instant Conveyancing Quote

Please quote me for:

Conveyancing in Arkley Q & A's

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 16/01/17

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.

What length of time will it take my designated property lawyer to conduct the legal work for an apartment in a recently developed property we are thinking of buying?

A.

The conveyancing process can take anywhere between around a month and 3 months, which can depend on a number of issues for example the speed of the seller's conveyancer, or whether your solicitor has to act for your lender. Homeward Legal's conveyancers are highly proactive with the intention of exchanging in as little time as realistically possible.

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.

How is Stamp Duty Land Tax rates calculated and how much should it be on a £187000 house?

A.

The SDLT which will be owed will depend on the value of the property. On a £187000 property, stamp duty will be £1870.*

*Source: www.hmrc.gov.uk, February 2013

Q.

How much is the council tax on a terraced Band D building in Arkley?

A.

You will be briefed about your houses band in the conveyancer's title report. Council tax charges for homes in Arkley are set out in detail online at the Barnet local authority site. On 18 February 2013 rates for all bands are:

  • Band A - £947.00
  • Band B - £1,104.00
  • Band C - £1,262.00
  • Band D - £1,420.00
  • Band E - £1,735.00
  • Band F - £2,051.00
  • Band G - £2,367.00
  • Band H - £2,840.00

Q.

Do you need searches for chancel liability? We are purchasing a Arkley house on the same road as a 1400s priory.

A.

Property owners proximate to nearby church property must contribute towards the cost of repairs, where chancel repair liability exists. Owners who have bought property prior to 2003 may be totally unaware that a liability exists if a chancel search was not carried out. The solicitor handling your conveyancing will be able to advise as to whether a chancel search is necessary. Church properties in this area where chancel liability may apply include St Peter.

Q.

Scottish Widows Bank is going to be our lender - what will we need to consider?

A.

Traditionally, most conveyancing solicitors were able to undertake legal work for a lender. Some lenders have opted to reduce the size of their 'solicitor panel'. We will act for the majority of lenders, ensuring that an additional conveyancing solicitor will not be required to act for your lender.

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.

 
×