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Transfer of Equity in Earls Court

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 Earls Court

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

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 16/01/17

Local points of interest in Earls Court

Carlyle's House National Trust , Wandsworth London Windmill, Science Museum Kensington Aviation Museum and 7 Hammersmith Terrace Historic Houses Association are near to Earls Court.

West Brompton station is around a mile from Earls Court. Earls Court's nearest airport is Northolt Jet Centre Airport (10 miles). Heathrow Terminals 1 2 3 Airport is 12 miles, London City Airport is 11 miles s, London Heliport Airport is 2 miles, Heathrow Terminal 5 Airport is 13 miles, Gatwick South Terminal Airport is 23 miles, Gatwick North Terminal Airport is 23 miles, Heathrow Terminal 4 Airport is 11 miles s, Elstree Airport is 13 miles, White Waltham Airport is 25 miles and London Biggin Hill Airport is 15 miles away.

Commuters are well catered for with Earls Court having good major road access nearby at very close at a couple of miles of the A40M.

The closest hospital to Earls Court is Cromwell London.

Q.

We need an affordable Earls Court conveyancing estimate. What are the risks?

A.

Many law firms claim to offer 'the cheapest conveyancing', but additional charges may inflate the solicitor's invoice. Fees listed in terms of engagement needs to be fair and reasonable and be applicable solely where the solicitor must complete unanticipated additional work on your behalf, which could not be anticipated at the start of the process. The Homeward Legal quote calculator will confirm the solicitors' fees, based on the property you are buying.

Q.

We have to choose fast Earls Court conveyancing solicitors, is that Homeward Legal?

A.

Our firm always have a efficient approach to carrying out the transfer of title. Our property lawyers approach to conveyancing is to employ modern integrated systems . Crucially we allocate you a CQS solicitor trained to efficiently communicate up and down the buyer and seller chain .

Q.

We are buying on a brownfield site. It appears that rubidium (Rb) soil contamination may be an issue.

A.

Restrictions exist to restrict soil contamination, decades after exposure the effect of some contaminants can be felt. Also considering issues such as groundwater contamination, contaminants affecting Earls Court property will be factored into an environmental search.

Q.

We plan to buy a restored chapel in the parish of St Clement Danes. Will a chancel search be necessary?

A.

The solicitor may suggest that a chancel search be taken out. Although some parish councils have chosen to charge chancel repairs on owners of land subject to chancel liability, there is no guarantee that a parish which has not imposed liability will not continue to be so. For property in the parish of St Clement Danes, it is not safe to rely on the historical behaviour of the parish council alone as a guide.

Q.

How long on average will it take our lawyer to finish all of the conveyancing work for a maisonette in a Thirties property in Earls Court?

A.

Completion can take anywhere from one month to 12 weeks, based on a number of issues for example the efficiency of the vendor's conveyancing solicitor, or whether the property is freehold or leasehold.

Q.

For a house valued at £891k, what should be determined for stamp duty tax?

A.

Stamp Duty Land Tax in Earls Court is based on the purchase price. Stamp duty will be £35640 on a £891k home.*

*Correct January 2013

Q.

The agent has named the firm of solicitors who they generally use. Should we instruct them?

A.

Many agents in Holborn will have a referral arrangement with solicitors whereby they refer work. However, if they are paid a referral fee, an agent may choose the conveyancer who pays out the highest referral fee, not the best solicitor for your needs.

Q.

Which local authority looks after Earls Court?

A.

Earls Court is located in Royal Borough of Kensington and Chelsea Council, The Town Hall, Hornton Street, London, W8 7NX, phone: 020 7361 3000

 
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