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Transfer of Equity in Blackfen

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 Blackfen

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

Profile photo of Clarisa McMahon

By

Ask Clarisa a question hl@syntarsus.co.uk

Updated: 09/12/16

Noted Blackfen interest

Erith London Windmill, Eltham Palace English Heritage and Museum of the Royal Arttillery:Firepower Aviation Museum are situated in Blackfen.

Blackfen's closest station is Welling. Blackfen's nearest airport is London City Airport. Heathrow Terminals 1 2 3 Airport is 24 miles, London Heliport Airport is 13 miles, Gatwick South Terminal Airport is 23 miles, Gatwick North Terminal Airport is 23 miles, Heathrow Terminal 4 Airport is 24 miles, Northolt Jet Centre Airport is 23 miles, Elstree Airport is 23 miles, Rochester Airport is 19 miles and London Biggin Hill Airport is 9 miles away.

The closest hospital for Blackfen is Queen Marys Sidcup.

Q.

We need a cheap solicitor quote for purchasing a house. Will we get a quote or and estimate?

A.

Various firms promote theoretically cheap conveyancing. Unfortunately additional costs may inflate the final invoice. A quote should state any disbursements. Any costs included in your solicitor's terms needs to be clearly defined and only come into force where your conveyancer must complete work beyond standard conveyancing in your interest, which could not be anticipated at the start of the process.

Q.

Do we need to instruct the solicitor referred by my agent?

A.

It is not uncommon for agents in Northolt to endorse one or more conveyancing firms. However, if the agent is paid a fee by the solicitor, there is a risk that an agent may choose whichever firm pays the most per referral, not the law firm with the best reputation.

Q.

Does the HS2 route affect Northolt homes?

A.

Yes, HS2 Phase 1 is going to affect a range of properties in the local authority of Ealing. A thorough HS2 search should cover a Northolt house's distance from the line, along with details such as the speed of the train at the nearest point (affecting noise pollution).

Q.

For fast legal work to buy a £633,000 property, what do we need to aim for?

A.

As is often reported, a fast conveyancing transaction is crucial to is to employing a proactive property lawyer. Consider the following when selecting:

  • Do they offer 'instant' online quotes?
  • Do they use email as the preferred mode of communication?
  • How soon will they order searches?

Q.

When my partner and I are buying in Blackfen, is it necessary that we get a search for chancel liability?

A.

Potentially amounting to over £100,000 in repair cost obligations, chancel liability should be considered by buyers of Blackfen property likely to be affected. Terms used in a property's name, like 'priory', may indicate chancel liability.

Q.

If I plan to buy in the parish of St Pancras, should we get a chancel search?

A.

A conveyancing solicitor could recommend a chancel search, whichever parish in which the house being purchased is found. Chancel repair may be apportioned on the owners of a house where Parochial Church Councils (PCCs) may have not done so in the past. In the event that chancel liability may apply, your solicitor might recommend insurance rather than pulling out of the purchase.

Q.

How do we hold off paying SDLT?

A.

Stamp Duty Land Tax (SDLT) is payable for residential property sold for more than one hundred and twenty-five thousand pounds. We do not recommend any stamp duty reduction scheme. These schemes are highly expensive and HMRC may challenge a scheme up to six years later and the total stamp duty tax may be payable. There have been a number of government initiatives, such as disadvantaged area relief. A conveyancing solicitor should confirm whether you are eligible.

Q.

What will the searches cost?

A.

With a Homeward Legal conveyancing solicitor, clients buying in Blackfen expected to pay at most £249 for conveyancing searches for a purchase in Blackfen.

 
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