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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.

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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: 13/01/17

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.

Will you need searches for chancel liability? We are buying a residence in Bowes Park.

A.

Repair costs resulting from chancel liability can total hundreds of thousands of pounds. Some names or words such as 'abbeylands' give an indication of a property's history, and thus whether chancel liability may apply. Bowes Park churches include St Michael-at-Bowes.

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.

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

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.

Does my Bowes Park lawyer carry out any searches on the London forties terraced property I am intending to purchase?

A.

When taking out a mortgage, your lender requires you to a specified set of searches, including the following Local Authority, Drainage and Water Search (CON29DW or personal) and Environment Search, and, depending on certain criteria, specific local Bowes Park searches, which may include a Chancel Check.

Q.

What sort of analysis regarding the risk of possible flooding to properties in Haringey will my Bowes Park conveyancing solicitor advise us on?

A.

A vital part of the legal process involves the conveyancing lawyer making an application for environmental searches for information with regard to Bowes Park historical flood risk. At the time of authoring this article (25-Dec-12) there were no warnings around the Pymmes Brook from Bowes Park to Edmonton at the The Lower Lee Tributaries, including the Nazeing Brook, Ching Brook, Cobbins Brook, Pymmes Brook, Rags Brook, Salmons Brook, Turkey Brook, Trinity Marsh Ditch and the Small River Lee

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

Q.

Which Bowes Park lenders do you work with?

A.

Homeward Legal can work with all the major lenders assisting Bowes Park buyers. Lenders and mortgage specialists in Bowes Park include Mortgage Practice, 48 Westgate, Guiseley, Leeds, LS20 8HL, Grove Associates, 9A Leeds Rd, Ilkley, LS29 8DH, and Your Mortgage Ltd, Monkswell House/Manse Lane, Knaresborough, HG5 8NQ.

 
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