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Transfer of Equity in East Finchley

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 East Finchley

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

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 03/12/16

Pertinent nearby public service facts ;

Elstree, Hogg Ln Airport is 8 miles from East Finchley. Heathrow Terminals 1 2 3 Airport is 15 miles, Luton Airport is 23 miles, London City Airport is 11 miles s, London Heliport Airport is 9 miles, Heathrow Terminal 5 Airport is 16 miles, Heathrow Terminal 4 Airport is 15 miles, Northolt Jet Centre Airport is 11 miles s, Elstree Airport is 9 miles and London Biggin Hill Airport is 20 miles away. Alexandra Palace station is approximately 2 miles from East Finchley.

Q.

East Finchley attractions and landmarks

A.

Fenton House National Trust Kenwood House English Heritage and Kentish Town St Luke Churches Conservation Trust are in East Finchley.

The nearest hospital is Highgate Private.

Q.

How do I find the best rates for conveyancing for a 302,000 property?

A.

Misleading conveyancing quotes catch out many sellers and buyers, leaving them to pay sometimes £100s more than planned. Many property lawyers purport to offer so-called cheap conveyancing, but extra fees are often hiding in the solicitor's terms. Any extra fees found in your solicitor's terms ought to be fair and reasonable. We provide quotes, not estimates, and clearly state the fees for a standard conveyancing.

Q.

Will the East Finchley conveyancing solicitor conduct any property searches on the London forties terraced property I am intending to buy?

A.

If you are obtaining a mortgage the building society of bank requires you to specific searches, including - Local Authority (personal or official), Drainage Search and Environmental,, and possibly less common searches e.g. a Land charge Searches.

Q.

What are the pitfalls if we invest in an extended home inside a Barnet local authority designated conservation area ?

An integral part of conveyancing for purchasers includes carrying out searches of Barnet local authority to check conservation area status and the existence of consent for alterations. .

Q.

My lender is Intelligent Finance - what do I need to check?

A.

Some lenders have opted to reduce the size of their 'solicitor panel', resulting in greater conveyancing costs for property purchasers if their chosen solicitor cannot act for the lender. Homeward Legal can act on behalf of most mortgage lenders so that the buyer will not have to pay any additional legal fees to your lender's solicitor.

Q.

For a property valued at £1011000, how is Stamp Duty Land Tax calculated?

A.

The SDLT you will owe will depend on a small number of factors, including the property's value. Stamp duty will be £50550 on a £1011000 property.

Q.

If I am intending to purchase near East Finchley, in the parish of South Hackney, do we need a chancel search?

A.

The conveyancer may suggest a chancel search. In East Finchley's much older areas, chancel repair has the potential to be charged on the owners of a house where Parochial Church Councils have previously chosen not to do so.

Q.

How many weeks does it take the conveyancing solicitor to carry out all of the legal process on the lower floor of property?

A.

The legal process can take anywhere from 3 weeks and three months, contingent on any number of things e.g. the speed of the seller's conveyancing solicitor, or whether your solicitor has to act for your lender.

Q.

Flood searches are standard procedure but when one considers recent weather changes for example the Met Office projecting more intense rainfall are they still appropriate to confirm sufficient information about the East Finchley flood risk area?

A.

A qualified East Finchley conveyancer should always get informative conveyancing and environmental searches if the standard search flags up a significant risk East Finchley flood risk.

For more area background perhaps you could contact a neighbour or local resident.

 
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