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Transfer of Equity in Bowes Park

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 Bowes Park.

Remortgage Solicitors Bowes Park

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

Profile photo of Clarisa McMahon

By

Ask Clarisa a question hl@syntarsus.co.uk

Updated: 07/12/16

Moving to a home in the area? Some practical regional travel and services details -

Bowes Park's closest airport is Elstree, Hogg Ln Airport (9 miles). Heathrow Terminals 1 2 3 Airport is 17 miles, Luton Airport is 22 miles, London City Airport is 11 miles s, London Heliport Airport is 10 miles, Heathrow Terminal 5 Airport is 19 miles, Heathrow Terminal 4 Airport is 18 miles, Northolt Jet Centre Airport is 13 miles, Elstree Airport is 10 miles and London Biggin Hill Airport is 20 miles away. Bowes Park train station is approximately 1 mile from Bowes Park.

Priory Southgate is a nearby hospital for Bowes Park.

Q.

How do I find a discount conveyancing quote?

A.

The confusion over what is, and is not, included in a 'cheap' quote leaves many homeowners paying out more than they anticipated in the end. Many conveyancers advertise theoretically cheap conveyancing, however additional charges may pad the final bill. We offer quotes, not estimates, and clearly state all legal fees you pay for a standard conveyancing transaction.

Q.

At what point do you need to get a conveyancer?

A.

The short answer is, the faster you instruct the better. Some sources recommend postponing instruction until the offer is accepted, but you will then be at a serious disadvantage in the event of a contract race, or buyer eager to move quickly.

Q.

Handling the legal work by bypassing a Bowes Park conveyancer is becoming possible as a buyer of a flat. However actually be foolhardy ?

A.

There is no argument at all why a home seller should not carry out the your own conveyancing yourself. However, a solicitor carries out a large number of actions ranging from approving pre exchange checklists or maintaining constant communication with agents which need a qualified solicitor.

Despite that legal practices must carry sufficient indemnity cover in order to protect you in the event of any carelessness.

Q.

Myself and my partner are buying in Bowes Park. Are there many areas of conservation in the area?

A.

Areas deemed to be of historic or architectural significance, such as fishing villages, will be designated as conservation areas. The council will be able to offer more information about local conservation areas, and the solicitor handling your purchase will confirm potential liability for unauthorised works.

Q.

My mortgage lender is Scottish Widows Bank, what will we need to check?

A.

Traditionally, most conveyancing solicitors were able to undertake legal work for a lender. House buyers should consider that, over the last two years, some lenders have opted to reduce the size of their 'solicitor panel'. We will act on behalf of many lenders.

Q.

Is a retention fee a disbursement or a fee?

A.

Some firms frequently hide additional costs as disbursements. It is not always clear whether a cost is a fee or not, and whether it should be included. This cost is a fee not a disbursement. It should be included in a quote.

Q.

Do I need to use a property solicitor referred by our agent?

A.

Estate agent recommendations are a not uncommon route to find a solicitor. However, if they are paid a referral fee, the agent may recommend the conveyancer who pays out the highest referral fee, not the law firm with the best reputation.

Q.

What will the council tax cost on a Forties Band A flat in Bowes Park?

A.

The relevant council tax band will in most cases be reported as part of the conveyancer's title report, as well as by the local council. The correct charges for properties in Bowes Park are listed on the Haringey council site. At the time of writing on 17 February 2013 rates are:

  • Band A - £994.00
  • Band B - £1,160.00
  • Band C - £1,325.00
  • Band D - £1,491.00
  • Band E - £1,822.00
  • Band F - £2,154.00
  • Band G - £2,485.00
  • Band H - £2,982.00

 
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