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Transfer of Equity in East Dulwich

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 East Dulwich.

Remortgage Solicitors East Dulwich

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

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 17/01/17

Pertinent regional public service details -

East Dulwich's closest train station is North Dulwich at 1 mile and London City Airport is 6 miles from East Dulwich. Heathrow Terminals 1 2 3 Airport is 17 miles, London Heliport Airport is 5 miles, Heathrow Terminal 5 Airport is 18 miles, Gatwick South Terminal Airport is 21 mile s, Gatwick North Terminal Airport is 21 mile s, Heathrow Terminal 4 Airport is 17 miles, Northolt Jet Centre Airport is 16 miles, Elstree Airport is 18 miles and London Biggin Hill Airport is 10 miles away.

The most convenient hospital to East Dulwich is Maudsley Denmark Hill.

Q.

How do we find a cheap solicitor in East Dulwich to purchase leasehold property?

A.

Many property lawyers advertise supposedly cheap conveyancing quotes. Unfortunately additional costs are frequently hidden in the solicitor's terms that sellers and buyers often do not check. Third party costs, termed disbursements, to be paid should also be included on a quote Any additional fees ought to be reasonable. They be applied only where the lawyer must complete additional work on your behalf, which could not be anticipated at the start of the process. The online quote calculator can generate an accurate statement of the legal fees for the property you plan to buy.

Q.

Which of the East Dulwich lender panels are your solicitors on?

A.

Most lenders in East Dulwich are on our solicitors' panels. Local mortgage lenders and brokers include Bluebox Mortgages, 11 High St, London, SE20 7HJ, Oskat, 189 Southwark Pk Rd, London, SE16 3TX, and Your Mortgage1st, 87/87/Bromley Road, London, SE6 2UF.

Q.

We are worried about council tax charges on a detached home in East Dulwich, how much are they?

A.

In general, the conveyancing report on title will cover the appropriate Southwark council tax band. Up-to-date rates

for residents of East Dulwich are set out in detail on the Southwark council website. At the time of authoring (05/06/2012) the different rates are:

  • Band A - £813.00
  • Band B - £948.00
  • Band C - £1,083.00
  • Band D - £1,219.00
  • Band E - £1,490.00
  • Band F - £1,761.00
  • Band G - £2,031.00
  • Band H - £2,438.00

Q.

My wife and I are planning to buy in East Dulwich, and would like to check that there are any designated conservation areas.

A.

With 9000 conservation areas across the country, the streets and neighbourhoods in or near East Dulwich will include a range of areas of 'special architectural and historic interest' registered as protected. You may wish to contact the council for more information, but your solicitor will address this during the house-buying process.

Q.

Is there something we can do to avoid paying out for SDLT?

A.

Stamp duty mitigation scheme is not advised. Such schemes are costly and the HMRC can review a scheme up to 6 years after a sale is completed .

Q.

Is it advisable that I get a chancel search when my partner and I are purchasing in East Dulwich near a 1300s church?

A.

Property owners near to specific local church buildings must pay for repairs, where chancel repair liability exists. A chancel search is used to confirm whether such a liability exists. Liability is more common in some parts of the country. Your conveyancing solicitor will suggest an appropriate indemnity policy to address chancel liability. East Dulwich Church of England properties include Dulwich, St Clement with St Peter and St John the Evangelist.

Q.

What makes the conveyancing process to require so much time and effort?

A.

The legal work required to buy or sell a property can be lengthy for a variety of reasons. The reasons can unfortunately be out of a lawyer's hands. We endeavour to reduce the effect of these delays by pushing all parties involved.

Q.

What will our conveyancing searches be?

A.

The cost of East Dulwich searches somewhat varies. These searches are charged 'at cost'.

 
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