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Transfer of Equity in 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 Finchley

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

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 04/12/16

Finchley attractions

Arkley Londn Windmill, RAF Museum Hendon Aviation Museum and Kenwood House English Heritage are close to Finchley.

Finchley is about 2 miles off the M1 junction entry 2 Northbound.

Finchley's nearest airport is Elstree, Hogg Ln Airport (7 miles). Heathrow Terminals 1 2 3 Airport is 15 miles, Luton Airport is 21 mile s, London City Airport is 13 miles, London Heliport Airport is 10 miles, Heathrow Terminal 5 Airport is 16 miles, Heathrow Terminal 4 Airport is 15 miles, Northolt Jet Centre Airport is 10 miles, Elstree Airport is 7 miles and London Biggin Hill Airport is 21 mile away and New Southgate station is about 2 miles from Finchley.

The most convenient hospital to Finchley is Finchley Memorial.

Q.

I need fixed rate Finchley conveyancing, we are on a tight budget.

A.

Several law firms advertise theoretically cheap conveyancing quotes. Unfortunately extra costs may be added into the solicitor's terms. Busy, stressed sellers and buyers ignore these terms at their peril. Any extra costs listed in your solicitor's terms ought to be fair. They only apply to matters if your lawyer must complete work beyond standard conveyancing for you, which could not be anticipated at the start of the process.

Q.

Do I need to get a chancel search? We are purchasing by a 1600s 'church furlong' in Finchley.

A.

In Finchley, where land was once owned by a lay rectors, new owners of that property may be obliged to pay for repairs to churches. Owners who have bought property prior to 2003 may be totally unaware that a liability exists if a chancel search was not carried out. A conveyancing solicitor will be able to advise further. Finchley ecclesiastical properties where chancel liability may apply include St Mary and St Paul.

Q.

Handling the legal work without the support of a property solicitor in Finchley is becoming possible when buying and selling a maisonette , however would it be insensible ?

There is no argument why a home mover should not do the legal process yourself. However, a conveyancing solicitor carries out a long list of tasks ranging from checking contracts or communicating with managing agents some of which really need training. Despite that legal practices need to get insurance cover to protect you in the event of losses you encounter made by the lawyer.

Q.

We need to know which Finchley lenders your solicitors work with. Whose panels are you on?

A.

We work with all the major lenders assisting home buyers in Finchley. Local mortgage lenders and brokers include Bespoke Mortgages Ltd, Cooper House/316 Regents Pk Rd, London, N3 2JX, and Mortgage Advice Bureax, 146 High Rd, London, N2 9ED.

Q.

When in the conveyancing process should we find a conveyancer in Finchley?

A.

With a firm offering a 'no move, no fee' conveyancing quote, as soon as possible, as conveyancing involves several tasks that can be performed very early in the process. Some groups advocate holding off instruction until an offer has been firmly agreed, but opting to delay can jeopardise your sale or purchase.

Q.

Property conveyancing searches are all well and good but when one considers recent climactic events such as the Met Office projecting more intense rainfall in the future are they comfort enough to advise us sufficient information about the Finchley flood risk area?

A.

The lawyer in Finchley will recommend that you carry out flood searches if the standard search establishes a risk of flooding in Finchley.

For more peace of mind you could get in touch with a future neighbour.

Q.

What do we need to know about 'fixtures and fittings'?

A.

Mainly, fixtures are permanently fixed to floors, walls and ceilings and fixtures can be more easily removed. The parties' may have widely differing assumptions about what will be included; this makes the completion of a fixtures and fittings form essential.

Q.

Why does Finchley purchase conveyancing seem to be so slow? The last solicitor we used felt very slow.

A.

Conveyancing can take more time than budgeted. Homeward Legal strive to minimise the impact of these delays where it is possible to do so. There are numerous reasons for delay, such as slow third parties such as landlords or managing agents.

 
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