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Transfer of Equity in Earlsfield

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 Earlsfield

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

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 23/11/16

Some helpful local public transport and public service information

Earlsfield's nearest airport is London City Airport (11 miles s). Heathrow Terminals 1 2 3 Airport is 12 miles, London Heliport Airport is 2 miles, Heathrow Terminal 5 Airport is 14 miles, Gatwick South Terminal Airport is 20 miles, Gatwick North Terminal Airport is 20 miles, Heathrow Terminal 4 Airport is 12 miles, Northolt Jet Centre Airport is 13 miles, Elstree Airport is 16 miles and London Biggin Hill Airport is 12 miles away and Earlsfield's nearest station is Earlsfield.

The nearest hospital is Bolingbroke Wandsworth.

Q.

How do we get the best conveyancing rates for a £147k house?

A.

Both high-street and online law firms advertise theoretically 'the cheapest conveyancing'. Unfortunately additional charges will be included in the small print. This small print is often not read by home owners in a hurry. Your Earlsfield conveyancing quote must also state any disbursements.Get a quote using the Homeward Legal quote calculator for the property you are buying.

Q.

How early do you need to arrange a conveyancer?

A.

Whether buying or selling, the earlier in the process you can instruct a conveyancing firm, the better, as conveyancing involves several tasks that can be performed immediately. Some groups advocate holding off instruction until the offer is accepted, but doing so will put you at a disadvantage compared to better prepared buyers, or if your buyer decides to pull out due to delays.

Q.

Which local factors can impact land in Earlsfield. Are they a concern?

A.

Land may be contaminated by a range of naturally-occurring factors, and an environmental search should reveal whether a specific plot of land could be affected by contaminants including landfill sites or other sources of contaminated land.

Q.

If you are buying a Earlsfield home near a glebe, will we need to get a chancel liability search?

Repair costs resulting from chancel liability can total hundreds of thousands of pounds. Insurance may be available to protect a buyer should a Earlsfield Parochial Church Council enforce liability. Ecclesiastical properties in Earlsfield which may give rise to chancel liability include St Andrew's Church and St John the Divine.

Q.

Does homewardlegal.co.uk conduct the conveyancing for auction properties in Earlsfield?

A.

Our company is very competent with sellers at auction. Our auction team conveyancers have been instructed by numerous buyers at local Earlsfield property auctions including Acuitus, Allsop (Commercial), Allsop (Residential), Auction House London, Award Property, Barnett Ross, Baxtons, Brendons Auctioneers, Countrywide Property Auctions and Drivers Norris.

Very often hard to value houses for example building plots, are bought at auction and these want greater review. Lawyers therefore suggest bidders to formally appoint the conveyancing firm prior to the day of the auction so there is time for a detailed review.

Subsequently, following the auction day your experienced lawyer is absolutely ready for finishing all of the legal work within a month as required by the terms if sale.

Q.

Can you advise how to circumvent paying SDLT?

A.

Stamp Duty Land Tax is payable on residential property sold for over 125,000 pounds. We strongly advise against any form of stamp duty avoidance. 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 be payable.

Q.

Which of the mortgage lender panels in Earlsfield are you a member of?

A.

The Homeward Legal group can work with the majority of lenders providing financing to buyers in Earlsfield. Local mortgage lenders and brokers include Thames, 1 Lyric Sq, London, W6 0NB, Modern Mortgage Solutions Ltd, 17 Upper Tooting Rd, London, SW17 7TS, and A La Carte Mortgage Services, 96 Leithcote Gdns, London, SW16 2UY. The property lawyer handling your case will be able to confirm additional costs or hurdles associated with your chosen lender.

Q.

Are there any conservation areas in the area?

A.

Parts of Earlsfield considered be of architectural merit, like model housing estates, may be designated as conservation areas. Your property solicitor will be able to offer more information, in regard to relevant conservation area restrictions in Earlsfield.

 
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