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Transfer of Equity in Fitzrovia

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 Fitzrovia

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

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 23/01/17

Read about the area ;

Drivers are well catered for with Fitzrovia having excellent major road access very close at a mile of the A40M.

Fitzrovia's closest train station is London Euston at 1 mile s. Fitzrovia's nearest airport is London City Airport (8 miles). Heathrow Terminals 1 2 3 Airport is 14 miles, London Heliport Airport is 4 miles, Heathrow Terminal 5 Airport is 16 miles, Gatwick North Terminal Airport is 25 miles, Heathrow Terminal 4 Airport is 14 miles, Northolt Jet Centre Airport is 12 miles, Elstree Airport is 12 miles and London Biggin Hill Airport is 15 miles away.

Q.

Fitzrovia attractions and landmarks

A.

Wandsworth London Windmill, London National Portrait Gallery Art Gallery and London The National Gallery Art Gallery are in the vicinity of Fitzrovia.

The most convenient hospital is London, Fertility Centre.

Q.

How do I find the cheapest conveyancing solicitors?

A.

Many law firms claim to offer supposedly cheap conveyancing quotes. Often additional costs are often hiding in the terms of engagement, left unread by preoccupied buyers Get a quote using the Homeward Legal quote calculator for the property you are buying.

Q.

I am enquiring about the council tax amounts on a Thirties end of terrace home in Fitzrovia, what are they?

A.

Customarily the conveyancing report on title should supply the relevant Westminster council tax band. The latest council tax rates for residents of Fitzrovia are listed on the Westminster local authority website. As at (14 December 2012) band rates are:

  • Band A - £456.00
  • Band B - £533.00
  • Band C - £609.00
  • Band D - £685.00
  • Band E - £837.00
  • Band F - £989.00
  • Band G - £1,141.00
  • Band H - £1,369.00

Q.

Do I need to opt for a conveyancing suggested by my estate agent in Ruislip Manor?

Estate agent recommendations are a common practice route for buyers to find a solicitor, however, these referrals should be compared against alternatives, as there is a risk that the agent may suggest the firm which pays to the largest referral fee, not the best solicitor for your needs.

Q.

What are the pitfalls if we invest in a period home inside a Westminster council conservation area ?

A.

An integral part of conveyancing for purchasers includes ordering of LLC1 searches of the local authority to find out conservation area status and the required consent for any alterations. These searches are charged as a disbursement.

Q.

Fitzrovia property solicitors apply for standard property when they are instructed to act for a property purchaser - which particular ones?

A.

If you are getting a mortgage the mortgage lender insist that particular searches, including the following Local Authority (council), Drainage Search and Environmental, and perhaps less common searches for instance Flood Risk search.

Q.

Why does sale conveyancing legal work take weeks to complete? The last solicitor we used felt very slow.

A.

The conveyancing process will sometimes endure stressful setbacks, Homeward Legal, however, aim to diminish their cost where feasible by, for example, ordering searches as early as possible. Common delays can include waiting for responses from third parties.

Q.

Is a house survey sensible when we are buying a home in Fitzrovia?

A.

Homeward Legal suggest that home buyers instruct a surveyor if purchasing in Fitzrovia. There can be many defects that will impact a property, that a lender's valuation survey, for example, will not cover, which include roof spread.

Q.

Would it be sensible to do the DIY conveyancing without help.

A.

It is possible for you to take care of he your own conveyancing yourself. In reality however, a Fitzrovia property solicitor is in charge of a significant number of exercises such as chasing deeds and DS1 documents and maintaining constant communication with agents many of which are more safely handled with appropriate training. AT any rate solicitors need to obtain applicable professional indemnity insurance to insulate you from any professional negligence.

 
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