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Transfer of Equity in Merton Park

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 Merton Park.

Remortgage Solicitors Merton Park

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

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 11/01/17

Merton Park area info

Morden Hall Park National Trust and Wimbledon London Windmill are close to Merton Park.

Heathrow Terminal 4 Airport is 11 miles from Merton Park. Heathrow Terminals 1 2 3 Airport is 12 miles, London City Airport is 13 miles, London Heliport Airport is 5 miles, Heathrow Terminal 5 Airport is 13 miles, Gatwick South Terminal Airport is 18 miles, Gatwick North Terminal Airport is 18 miles, Northolt Jet Centre Airport is 13 miles, Elstree Airport is 18 miles, White Waltham Airport is 25 miles and London Biggin Hill Airport is 12 miles away and Merton Park's closest train station is Wimbledon Chase.

The closest hospital to Merton Park is Wimbledon, Nelson.

Q.

How do we get the best conveyancing rates for a £139k property?

A.

Numerous law firms claim to offer theoretically cheap conveyancing quotes, but additional charges can increase your final bill. Extras needs to be fair and clearly defined. They be applicable solely where the conveyancer is required to perform tasks outside a normal transaction , which could not be anticipated at the start of the process. Our quotes offer a clear statement of your solicitors fees for a standard purchase or sale.

Q.

We are buying in Merton Park on a new development brownfield site. Could the soil be contaminated by industrial waste like titanium (Ti)?

A.

Even where some contamination has occurred in Merton Park, risk levels are usually low. Land may also be contaminated by other sources, including radioactive waste.

Q.

In a few months we are intending to be finally moving from our detached building in Merton Park into our next house in Copse Hill , at what stage to choose a house removal firm?

A.

The ideal approach is for buyers to put off arranging a removal van until you have decided a formal completion date which typically happens once exchange of contracts. There are many local

and national companies including Merton Removal Company, 1/1/Manor Road, London, SW20 9AE Tel: 020 3432 9713.

Q.

Environmental searches are conveyancing protocol but considering climate change such as the fact that last year was second wettest year since records began are they the best way to determine sufficient information about the Merton Park flood risk area?

A.

An experienced Merton Park conveyancing solicitor should always get rigorous flood searches if the environmental searches flag up a significant risk of flooding in Merton Park.

For greater assurance you can contact a local resident.

Q.

Will we need a property survey for this home purchase?

A.

Homeward Legal firmly recommend that most purchasers arrange a property surveyor. Many problems have a negative impact on a property, such as cavity wall tie failure. These will not be reported on by a solicitor.

Q.

Does Homeward Legal get involved in the conveyancing for auction properties in Merton Park?

A.

We are able to act on property auction conveyancing. Often specialist lots like development land are bought in auctions which tend to need greater examination. We therefore encourage buyers at auction to choose a CQS lawyer well in advance of the auction to allow sufficient time for a detailed review of the legal papers for the lot.

Subsequently, immediately after the day of bidding, a lawyer needs to be able to concentrate on carry out the conveyancing in 28 days after exchange, a requirement of conditions of sale.

Q.

Please confirm how to get out of paying out for stamp duty to the Revenue?

A.

Stamp duty scheme is not advised. These schemes are expensive and the HMRC can review a scheme up to 6 years after a sale is completed and the total stamp duty amount may be due. There have been several official schemes, such as for first-time buyers.

Q.

Please give reasons why conveyancing work in Merton Park takes such a long time?

A.

The conveyancing process will occasionally be subject to numerous interruptions or delays, Homeward Legal, however, endeavour to reduce the effect of these delays wherever a difference can be made by proactively handling all enquiries.

 
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