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Transfer of Equity in City Of London

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 City Of London

Homeward Legal's panel of solicitors carry out remortgage conveyancing for City Of London 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 City Of London Q & A's

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 17/01/17

Pertinent City Of London travel and public service facts ;

City Of London's nearest airport is London City Airport (6 miles). Heathrow Terminals 1 2 3 Airport is 16 miles, London Heliport Airport is 5 miles, Heathrow Terminal 5 Airport is 18 miles, Gatwick South Terminal Airport is 25 miles, Gatwick North Terminal Airport is 25 miles, Heathrow Terminal 4 Airport is 16 miles, Northolt Jet Centre Airport is 14 miles, Elstree Airport is 14 miles and London Biggin Hill Airport is 14 miles away. The nearest station to City Of London is London Cannon Street, around a mile away.

Q.

Local City Of London attractions

A.

George Inn National Trust , Trinity Buoy Wharf Lighthouse, Tate Modern Art Gallery and Temple Middle Temple Hall Historic Building are near to City Of London.

The most convenient hospital to City Of London is London Bridge.

Q.

How do I get the best conveyancing rates in City Of London for a £741,000 residence?

A.

Misleading conveyancing quotes catch out many buyers, leaving them to pay sometimes £100s more than planned. Many conveyancers offer so-called 'the cheapest conveyancing', however additional fees are often hiding in the terms of engagement. Our quotes offer a clear statement of your solicitors fees for a standard purchase or sale.

Q.

I have requested a conveyancing quote from you. Could there be any hidden costs?

A.

No. Our solicitors will never charge any hidden extra costs. A Homeward Legal conveyancing quote is an honest and accurate price.

Q.

I am worried about the council tax rates on a Sixties converted house in City Of London, what are they?

A.

Normally the conveyancer's title report will give information the appropriate City of London council tax band.

Council tax rates for homes in City Of London are set out on the City of London local authority site. On, 02 November 2012, the rates are:

  • Band A - £624.00
    >
  • Band B - £728.00
  • Band C - £832.00
  • Band D - £936.00
  • Band E - £1,144.00
  • Band F - £1,352.00
  • Band G - £1,560.00
  • Band H - £1,872.00

Q.

Which factors can contaminate land in City Of London, and should they be an issue?

A.

Several contaminants caused by environmental concerns could lessen the value of residential property in City Of London . Issues including pollution incidents and hazardous and regulated installations will be considered as part of the environmental searches.

Q.

My partner and I are buying in City Of London. Can I find out whether the property is in a conservation area?

A.

Areas considered to be of historical merit, like picturesque villages, may be recognised as conservation areas. Living in a conservation area can mean preservation of an area's historic charm, but the restrictions can add to maintenance costs. A property solicitor will address the consequences of purchasing property in a conservation area.

Q.

We are intending to buy a barn conversion in Harrow on the Hill. Are we advised to get a chancel search?

A.

Your City Of London conveyancing solicitor could recommend a chancel search, whichever parish in which the home being purchased is located. Through some parish councils have determined to impose chancel repairs on the current owners of affected property, there is no way to be certain that a parish where chancel repair fees have not been paid previously will continue to be unaffected.

Q.

Should I get a survey?

A.

The Royal Institution of Chartered Surveyors suggest that City Of London buyers order a home buyer survey. A range concerns will impact a property. These can include wet rot and insect infestation. Such issues will not be considered during the conveyancing work itself.

Q.

Do we need to opt for the lawyer that works with by my estate agent in City Of London?

A.

Agent recommendations are a common practice way to find a solicitor. These referrals must be carefully considered, as the agent may prefer to suggest the conveyancer who pays out the highest referral fee, not a firm with local expertise and a solid reputation.

 
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