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Transfer of Equity in Bromley

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 Bromley

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

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 29/11/16

Buying a residential property in the area? Useful local Bromley public service information

As confirmed by the most recent (2011) national census the population of Bromley 299,293 spread over an area of 35,567 acres which equals a density of residential population of 8.4 people per acre.

Q.

Bromley points of interest

A.

Brixton London Windmill, London National Portrait Gallery Art Gallery and Temple Middle Temple Hall Historic Building are close to Bromley.

The nearest train station to Bromley is Charing Cross and the closest airport to Bromley is London City Airport. Heathrow Terminals 1 2 3 Airport is 15 miles, London Heliport Airport is 4 miles, Heathrow Terminal 5 Airport is 17 miles, Gatwick South Terminal Airport is 25 miles, Gatwick North Terminal Airport is 25 miles, Heathrow Terminal 4 Airport is 15 miles, Northolt Jet Centre Airport is 13 miles, Elstree Airport is 14 miles and London Biggin Hill Airport is 14 miles away.

Commuters are well served with Bromley ideally situated with good road access very close at a couple of miles of the A40M.

The closest hospital is Royal London Homeopathic.

Q.

How do we get a cheap solicitor for selling a residence?

A.

Confusion over this matter catches out many homeowners, and can leave them paying far more in fees than they budgeted. Many law firms offer so-called 'the cheapest conveyancing quotes'. Often extra fees are often hiding in the solicitor's terms. Excited homeowners, eager to get underway, often ignore this small print when they instruct. Fees found in terms of engagement should be fair. A conveyancing quote should also clearly state any disbursements to be paid.Homeward Legal quotes are not estimates, and offer a clear statement of your legal fees for a standard conveyancing transaction.

Q.

Which of the lender panels in Bromley are your solicitors on?

A.

The Homeward Legal partnership have solicitors who have experience working with the majority of lenders assisting home buyers in Bromley. Local mortgage lenders and brokers include Chancery Mortgage Services Ltd, 17 Langdon Rd, Bromley, BR2 9JS, Grosvenor Partnership, 39 Rochester Av, Bromley, BR1 3DN, and Mortgage Den, 94 Beckenham La, Bromley, BR2 0DW.

Q.

I would prefer to complete on the selling of a flat within 5 weeks, are you fast home moving solicitors in Bromley ?

A.

Homeward Legal has a efficient method to completing the necessary legal work as quickly as possible.

Our company approach is to employ speed focused case and work flow systems . Importantly we always look after you with a expert panel of solicitor incentivised to communicate with all parties in the buyer and seller chain .

Q.

For our mortgage lender, we have chosen Manchester Building Society, what do we need to be aware of?

A.

In some cases, lenders have reduced their 'solicitor panel'. This can mean increased legal costs for buyers. Homeward Legal will act for all large CML-approved lenders, ensuring that an additional lawyer will not be required to act for your lender.

Q.

If we are buying next to a priory in Bromley, will you need to get a chancel search?

A.

Owners of property in Bromley may be subject to chancel repair liability. A number of sources are used to identify liability, including the Title Register database. Church properties in this area where a chancel search may be necessary include Common St Luke, Downham, St Barnabas, Common Holy Trinity and Plaistow St Mary.

Q.

Is contaminated land in Bromley a concern for many homes?

A.

Several contaminants caused by environmental factors may seriously affect property, like existing and proposed overhead electricity cables. An environmental search will offer more detail.

Q.

Do many conservation areas in Bromley have the potential to affect us?

A.

These areas delineate neighbourhoods of historical or architectural value. These restrictions adds to upkeep costs, but the benefits will include a more attractive neighbourhood.

Q.

We need to complete this home purchase as soon as possible, can we arrange fast conveyancing?

A.

The key to a fast completion is to use a proactive, diligent conveyancing solicitor. There are numerous tasks you, as the purchaser, can also do to speed up the process, including, pushing the conveyancing solicitor to begin enquiries as soon as possible, quickly completing and return any forms and ordering a property survey early in the transaction.

 
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