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Transfer of Equity in Catford

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 Catford

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

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 08/12/16

Useful regional travel and public service details:

The nearest airport to Catford is London City Airport. Heathrow Terminals 1 2 3 Airport is 20 miles, London Heliport Airport is 8 miles, Heathrow Terminal 5 Airport is 21 mile s, Gatwick South Terminal Airport is 21 mile s, Gatwick North Terminal Airport is 21 mile s, Heathrow Terminal 4 Airport is 20 miles, Northolt Jet Centre Airport is 19 miles, Elstree Airport is 20 miles, Rochester Airport is 24 miles and London Biggin Hill Airport is 8 miles away. Hither Green train station is around 1 mile from Catford.

Q.

Catford points of interest

A.

Trinity Buoy Wharf Lighthouse, Eltham Palace English Heritage and Blackheath Old Dover Rd Library Art Gallery are easily accessible from Catford.

The neighbouring hospital for Catford is University Lewisham.

Q.

We are trying to find a fixed rate conveyancing quote. What is included?

A.

This matter catches out many property buyers and sellers, and can leave them paying far more in conveyancing fees than they budgeted. Many solicitors advertise supposedly 'the cheapest conveyancing'. Often extra costs may be added into small print. Any charges needs to be reasonable and be applied only where your solicitor must perform additional tasks on your behalf, which could not be anticipated at the start of the process. Homeward Legal quotes offer a clear statement of your legal fees for a standard conveyancing transaction.

Q.

We are purchasing a home in the parish of Westminster St James. Is a chancel search compulsory?

A.

Your conveyancing lawyer may suggest that a chancel search is ordered, whichever parish where the residence being bought is found. In older areas of Catford, chancel repair has the potential to be imposed on the current owners of a residence where Parochial Church Councils may have not done so in the past, so the solicitor will be unable to make any guarantees, and will recommend insurance.

Q.

For a residential property valued at £1.053mil. How is SDLT worked out?

A.

The Stamp Duty rate owed will rely on the value of the house or flat. For a house or flat sold for £1.053mil, the rate will be £52650.*

*Source: www.hmrc.gov.uk, January 2013

Q.

Is it important that I get a chancel search? We are buying a house in Catford.

A.

Owners of property neighbouring churches must contribute towards repairs, where chancel repair liability exists. Insurance may be available to protect a buyer should a Catford Parochial Church Council enforce liability. Ecclesiastical properties in the area where a chancel search may be necessary include Perry Hill, St George, St Andrew the Apostle, St John the Baptist and St Laurence.

Q.

Is iron (Fe) soil contamination likely in Catford?

A.

Catford and the surrounding region has a legacy of chemical contamination. Also considering issues such as groundwater contamination and ammonia, contaminants affecting Catford property will be factored into an environmental search.

Q.

What are the reasons why conveyancing in Catford requires weeks?

A.

Conveyancing could experience delays. We strive to curtail their consequences by driving the sale or purchase forward.

Q.

What sort of scrutiny in respect to the risk and history of a flood at Lewisham will my Catford conveyancing solicitor report on?

A.

A key step in the legal process of purchasing a property involves a conveyancing solicitor applying for conveyancing searches that set out details with respect to Catford flood risk area data. A more thorough Lewisham database search, such as the Landmark search, could be recommended by a qualified Catford conveyancer if in the event that the enviro. search reveal any risk of flooding. On (02-Nov-11) there were no warnings around the at the Ravensbourne from Bellingham to Catford, Including Beckingham Place Park, London Borough of Lewisham

Q.

Should we employ a solicitors firm used by the estate agent in Beacontree Heath?

A.

It is not uncommon for agents in Beacontree Heath to recommend a conveyancing firm. Such referrals should be compared to other online or local firms, as an agent may choose the conveyancer who pays out the highest referral fee, not a firm with local expertise and a solid reputation.

 
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