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Transfer of Equity in Kennington

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 Kennington.

Remortgage Solicitors Kennington

Homeward Legal's panel of solicitors carry out remortgage conveyancing for Kennington 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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Conveyancing in Kennington Q & A's

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 15/01/17

Commuting from the Kennington area? ;

Kennington's closest airport is London City Airport. Heathrow Terminals 1 2 3 Airport is 15 miles, London Heliport Airport is 3 miles, Heathrow Terminal 5 Airport is 17 miles, Gatwick South Terminal Airport is 23 miles, Gatwick North Terminal Airport is 23 miles, Heathrow Terminal 4 Airport is 15 miles, Northolt Jet Centre Airport is 14 miles, Elstree Airport is 15 miles and London Biggin Hill Airport is 12 miles away and the closest station to Kennington is Vauxhall, around a mile away.

Q.

Kennington attractions

A.

Brixton London Windmill, Imperial War Museum Aviation Museum and Jewel Tower English Heritage are in the vicinity of Kennington.

The most convenient hospital for Kennington is St Thomas Lambeth.

Q.

How do I get affordable conveyancing in Kennington?

A.

Many firms offer so-called 'the cheapest conveyancing quotes'. Often extra costs will be included in the solicitor's terms. These terms are often ignored by excited home owners, eager to get underway. Charges should be reasonable and clear. Get a quote using the Homeward Legal quote calculator for the property you are buying.

Q.

Flood risk searches may be conveyancing protocol but when one considers recent flooding such as the fact that 2 8m people are at risk from surface flooding are they actually good enough to ascertain enough about the Kennington area flood risk?

A.

A qualified Kennington lawyer will get additional detailed food risk searches if the standard searches establishes a significant risk local Kennington flood risk.

For added history it could be worth trying to contact a local resident.

Q.

How can we determine stamp duty, how much do we need to budget for a £836000 residential property?

A.

The Stamp Duty which will be owed will depend on the value of the home. For a residential property purchased for £836000, SDLT is £33440.

Q.

Which mortgage lender panels in Kennington are your solicitors on?

A.

Most lenders in Kennington are on our Kennington solicitors' panel. Kennington lenders and mortgage specialists include Stewart Financial Solutions Ltd, 4 Middle Row, Ashford, TN24 8SQ, Stonebridge Mortgage Services Ltd, 5 Hopgarden Oast/Oast Court, Yalding, Maidstone, ME18 6JX, and Charles Mac, Rose Cottage/Bilsington Rd, Ruckinge, Ashford, TN26 2PD. Your conveyancing solicitors should be able to provide more information.

Q.

We are buying in Kennington. Are there any designated conservation areas in the area?

A.

Locales deemed to be of architectural merit, such as mining villages, will be designated as conservation areas. These restrictions can result in the buyer inheriting liability of unauthorised changes, but the benefits will include security that the surroundings are unlikely to change. Your lawyer will be able to advise further.

Q.

I have been reading about handling the legal work when buying and selling a flat , Would it be shrewd to take care of the DIY conveyancing on our own?

A.

There is absolutely no reason why you should not complete the legal work without the help of a proficient property lawyer in Kennington. That said, a conveyancer takes care of a huge array of tasks e.g. interpreting protocol forms or investigating title documents some of which need experience. Even more importantly DIY conveyancers take huge risks in operating without the appropriate indemnity cover which qualified legal practices are under a duty to have.

Q.

Does your firm carry out the conveyancing of auction properties in Kennington?

A.

Homeward Legal is able to act for buyers at auction. Regularly difficult to value houses such as in need of serious reconstruction are sold in auctions which necessitate extended examination. We therefore strongly recommend that buyers at auction formally instruct a qualified property conveyancing lawyer before the auction day for a thorough review.

Thereafter, following the property auction your now prepared lawyer is ready for concluding the transaction in the reduced time frame as typically required .

Q.

For what reason does the purchase conveyancing process need such a long time?

A.

The legal work undertaken to transfer a property in Kennington will occasionally be obstructed, we, however, do our best to reduce the effect of these delays by, for example, ordering searches as early as possible. Reasons for delay can include slow solicitors acting for the other side.

 
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