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Transfer of Equity in Cricklewood

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.

Get an instant quote for a transfer of equity in Cricklewood.

Remortgage Solicitors Cricklewood

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

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 17/01/17

Local points of interest in Cricklewood

Fenton House National Trust Kenwood House English Heritage and Kingsbury St Andrew’s Old Church Churches Conservation Trust are easily accessible from Cricklewood.

Cricklewood train station is approximately 1 mile from Cricklewood. Cricklewood's closest airport is Northolt Jet Centre Airport (8 miles). Heathrow Terminals 1 2 3 Airport is 12 miles, Luton Airport is 24 miles, London City Airport is 12 miles, London Heliport Airport is 7 miles, Heathrow Terminal 5 Airport is 14 miles, Heathrow Terminal 4 Airport is 13 miles, Elstree Airport is 9 miles, White Waltham Airport is 24 miles and London Biggin Hill Airport is 19 miles away.

Cricklewood is nearby at roughly 1 1/2 mile of Junction 1 Northbound of the M1.

The most convenient hospital to Cricklewood is Willesden.

Q.

We need to find a lawyer that offers cheap conveyancing, we are on a tight budget.

A.

Both high-street and online solicitors claim to offer theoretically cheap conveyancing quotes, but additional costs are frequently hidden in the small print that unknowing buyers have not reviewed Any fees included in terms of engagement ought to be reasonable. A quote for conveyancing in Cricklewood should also state any disbursements to be paid.

Q.

Our purchase will complete on 12th December, what will be calculated for stamp duty?

A.

The Stamp Duty payable will rely on a limited set of factors, including the value of the property, and whether it is in a 'disadvantaged area'. On a £130000 property in Cricklewood, stamp duty will be £1300.

Q.

What length of time should it take my designated conveyancing solicitor to finish all of the legal formalities on the lower floor of property?

A.

The legal process can take anywhere from 1 month to three months dependent on any number of factors such as the efficiency of the vendor's conveyancing solicitor, or whether the property is leasehold, Freehold or share of freehold.

Q.

Are there any conservation areas in Cricklewood?

A.

Parts of Cricklewood considered be of architectural or historic interest, like 19th century suburbs, may be recorded as conservation areas. Your solicitor will provide more details and address the consequences of purchasing property in a conservation area, regarding specific conservation areas in Cricklewood.

Q.

Which local authority looks after Cricklewood?

A.

Cricklewood is located in London Borough of Brent Council, One Stop Service, Town Hall, Forty Lane, Wembley, HA9 9HD, Call: 020 8937 1205

Q.

Do we need to instruct the property solicitor named by our local agent?

A.

It is common practice for estate agents to recommend a solicitor. Such referrals need to be considered carefully, as it may be the case that the agent recommends the conveyancer who pays out the highest referral fee, not the most appropriate choice.

Q.

Is it a sensible idea to get out of paying for stamp duty land tax?

A.

We do not recommend any stamp duty scheme. Such schemes are highly expensive and the HMRC can review a scheme up to 6 years after a sale is completed meaning that the full stamp duty amount will then be due.

Q.

What are our options if we buy a flat in a Brent local authority designated conservation area ?

A.

Part of the legal due diligence when buying a property includes making enquiries of Barnet council to confirm conservation area status and formal approval for changes. Should no suitable consents can be provided, your Cricklewood conveyancer will give you professional advice on the best alternative which may include seeking cover from an indemnity insurance or seeking retrospective approval.

 
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