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Transfer of Equity in Belvedere

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 Belvedere

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

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 15/01/17

Moving to a house in the Belvedere area? Useful Belvedere public service details -

The nearest station to Belvedere is Belvedere, around a mile away and London City Airport is 4 miles from Belvedere. London Heliport Airport is 15 miles, London Airport is 25 miles, Northolt Jet Centre Airport is 25 miles, Elstree Airport is 24 miles, Rochester Airport is 19 miles and London Biggin Hill Airport is 12 miles away.

Erith & District is the closest hospital for Belvedere.

Q.

I need to find fixed rate Belvedere conveyancing. What is included?

A.

Many buyers and sellers seeking discount conveyancing are caught out by the lure of very low conveyancing rates. Many property lawyers purport to offer supposedly cheap conveyancing quotes, but additional fees will be included in the solicitor's terms of engagement. The conveyancing quote should list any disbursements to be paid.

Q.

What is the council tax on a mid-terrace Band B property in Belvedere?

A.

You will be supplied the houses council tax band with the conveyancer's title report. Up-to-date charges for properties in Belvedere are tabled at the Bexley local authority website. At the time of authoring (20 December 2012) the different rates are:

  • Band A - £957.00
  • Band B - £1,116.00
  • Band C - £1,276.00
  • Band D - £1,435.00
  • Band E - £1,754.00
  • Band F - £2,073.00
  • Band G - £2,392.00
  • Band H - £2,871.00

Q.

Does your company administer auction conveyancing in Belvedere?

A.

We are very capable working with buyers and sellers at auction. Usually specialist lots e. g. landlocked houses, are sold at property auctions and these need deeper exploration. We therefore recommend buyers at auction to decide on a SRA regulated conveyancing lawyer well in advance of the property auction to give enough time for a title report.

Subsequently, immediately after the day of the auction your appointed property conveyancing lawyer is wholly geared up to concluding the transaction within 4 weeks as typically required .

Q.

Lloyds TSB is our mortgage lender, is there anything I need to know?

A.

Recently, a number of lenders have opted to reduce the size of their 'solicitor panel', which may result in higher conveyancing costs for buyers. Homeward Legal can act on behalf of many lenders so that you will not be required to pay your lender's legal costs.

Q.

How do we avoid being gazumped?

A.

Gazumping arises when a seller approves a low offer, then rejects it, choosing instead a second buyer's offer. Although being gazumped is less common in a declining market, there will always be a risk. The first step in reducing the chance that gazumping will effect you is to instruct a law firm as early as possible.

Q.

What causes Belvedere property legal work to take weeks to complete?

A.

The conveyancing process could be drawn out. We understand how unnecessarily stressful these delays can be and endeavour to reduce the burden of these delays by driving the transaction forward. Delays can include the time taken to return management information.

Q.

Is the SDLT fee a fee or a disbursement?

A.

Every disbursement and fee should be identified on your quote, with no additional charges of any kind in the small print. This charge is a fee not a disbursement, and should be included in your quote.

Q.

I have found an increasing number publications on the subject of how to do DIY conveyancing for example Bradshaw's Guide to Diy House Buying Selling and Conveyancing. Do we necessarily want to use a solicitor in Belvedere ?

A.

There is absolutely no argument why you cant take care of he conveyancing without the help of property solicitor in Belvedere. In reality however, a lawyer juggles a huge number of exercises ranging from chasing outstanding papers or handling retentions most of which require training. Even more importantly have a go conveyancers will be working without applicable insurance that firms and their solicitors always possess.

 
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