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Transfer of Equity in Cheshunt

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 Cheshunt

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

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 16/01/17

Useful regional transport and public service facts and figures -

Cheshunt train station is approximately a mile from Cheshunt and the closest airport to Cheshunt is Elstree, Hogg Ln Airport (13 miles). Heathrow Terminals 1 2 3 Airport is 24 miles, Luton Airport is 20 miles, London City Airport is 14 miles, London Heliport Airport is 18 miles, Heathrow Terminal 4 Airport is 25 miles, Northolt Jet Centre Airport is 19 miles, Elstree Airport is 13 miles and Stansted Airport is 18 miles away.

Cheshunt is about 1 1/2 mile of junction entry 25 Westbound of the M25.

Cheshunt Community is a nearby hospital.

Q.

How do I find a discount conveyancing estimate in Cheshunt?

A.

This topic affects many sellers and buyers who opted for a very cheap quote, only to be stung later in the conveyancing process. Many firms offer cheap conveyancing quotes. Often additional costs will be included in the terms of engagement. Charges ought to be fair and only come into force where the conveyancer must complete unanticipated additional work in your interest, which could not be anticipated at the start of the process. Our quotes clearly state the solicitors' fees for a standard conveyancing transaction.

Q.

For a lender, we have chosen Halifax, what do we need to consider?

A.

Some lenders have reduced the number of firms able to act for them. Homeward Legal can act for most CML-approved lenders to keep legal costs to a minimum.

Q.

What does the searches on average cost?

A.

Conveyancing searches ranges in cost, depending on the specific searches which have been ordered. Searches are disbursements.

Q.

Can we check that the building we are buying is in a conservation area?

A.

With 9000 conservation areas throughout the country, the areas in or near Cheshunt will include several areas of historical or architectural value recorded as protected. Your lawyer will offer more information and discuss what specific restrictions are in place, regarding specific conservation areas in Cheshunt.

Q.

In respect of the Met Office warning of more intense rainfall, I am anxious that environmental searches might not be sufficient?

A.

Flood searches conducted by the Cheshunt conveyancer should also include a more specialist flood search if required.

If you remain anxious you might try to approach a neighbour or local resident.

Q.

Will we need a chancel search if I plan to purchase in the parish of Bovingdon, near Cheshunt?

A.

Your solicitor might recommend a chancel search, regardless of the parish in which the residence being purchased is located. In older areas of Cheshunt, chancel repair has the potential to be charged on the current owners of a residence where Parochial Church Councils (PCCs) have not imposed the same liability on the last owners. For property in the parish of Bovingdon, it is not safe to rely on the historical behaviour of the parish council alone as a guide.

Q.

Is a drainage search a fee or disbursement?

A.

An ideal quote will itemise disbursements and fees, clearly stating which is which. This charge is a disbursement not a fee, and is passed on to the buyer at cost.

Q.

When do we need to speak to a conveyancing solicitor?

A.

The straightforward answer is, as soon as possible, as conveyancing involves several tasks which may be performed very early in the process. Some suggest holding off instruction until an offer is accepted, but opting to delay can jeopardise your sale or purchase.

 
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