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Transfer of Equity in Islington

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 Islington

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

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 22/01/17

Living in Islington? ;

The nearest station to Islington is Finsbury Park. London City Airport is 8 miles from Islington. Heathrow Terminals 1 2 3 Airport is 16 miles, Luton Airport is 25 miles, London Heliport Airport is 7 miles, Heathrow Terminal 5 Airport is 18 miles, Heathrow Terminal 4 Airport is 16 miles, Northolt Jet Centre Airport is 13 miles, Elstree Airport is 11 miles and London Biggin Hill Airport is 17 miles away.

The most convenient hospital for Islington is Whittington Highgate.

Q.

How do I get affordable conveyancing?

A.

This matter affects many buyers who opted for a very cheap quote, only to be stung later in the conveyancing process. Many conveyancers promote 'the cheapest conveyancing quotes', but additional costs are often hiding in the terms of engagement. Any fees ought to be reasonable and clear. They be applicable solely where your solicitor is required to complete extra work in your interest, which could not be anticipated at the start of the process.

Q.

I have to complete on the legal process a leasehold apartment within 6 weeks, are you fast Islington solicitors ?

A.

Our carefully selected solicitors have an extremely proactive method to fulfilling the legal process.

Our home moving lawyers approach is different as we use cutting edge IT and online systems .

We also give vendors a CQS conveyancing property lawyer prepared to communicate with the entire buyer and seller chain e.g. lenders, to fulfil a quick exchange.

Q.

Does your Islington conveyancing solicitor carry out any property conveyancing searches on the London Fifties semi-detached home we are buying?

If buying and taking out a mortgage the mortgage lender requires you to at least - Local Authority, Drainage and Water Search (CON29DW or personal) and Environmental and occasionally specific searches such as HS2 report.

Q.

We are planning to purchase in Tollington. Can we get disadvantaged area stamp duty relief in Islington?

A.

Islington disadvantaged areas are identified by ward boundary. Disadvantaged areas in the vicinity Islington include Bunhill, Clerkenwell, Hillrise, Tollington, Mildmay, St. George's, Junction, Barnsbury, Canonbury East, Canonbury West, Highbury, Highview, Hillmarton, Holloway, Quadrant, St. Peter, Sussex and Thornhill. Update: As of the 2013/14 tax year, stamp duty relief for disadvantaged areas is no longer available.

Q.

How much does searches cost?

A.

The cost of conveyancing searches will vary somewhat, and will be dependent on your lender's requirements. They are charged 'at cost'.

Q.

I am interested in purchasing in Islington. Are there any conservation areas?

A.

The areas near or within Islington will include a range of areas of conservation. St Mary Magdalene, Mercers Road / Tavistock Terrace and Tollington Park are among the conservation areas in Islington. The conveyancing solicitor handling your purchase should be able to provide more details and discuss the relevant responsibilities you would be taking on by purchasing in a conservation area.

Q.

Would the form for fixtures and fittings include door handles?

A.

New owners are often frustrated by confusion regarding what fixtures and fittings are included. Completion or agreement of a fixtures and fittings form is unfortunately often left to the last minute, when a dispute may jeopordise the transaction, and which can make the completion of a fixtures and fitting form necessary.

Q.

Our lender is New Life Mortgages - what do we need to be aware of?

A.

Some lenders are now reducing their 'solicitor panel', resulting in increased conveyancing costs for home buyers if the lender insists upon their own preferred solicitor . Homeward Legal can act on behalf of most lenders so that you will not be required to pay any additional legal fees to your lender's solicitor.

 
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