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Transfer of Equity in Mitcham Junction

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 Mitcham Junction.

Remortgage Solicitors Mitcham Junction

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

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 03/12/16

Local Mitcham Junction attractions

Morden Hall Park National Trust , Shirley London Windmill, Croydon Airport Vistor Centre Aviation Museum and Cheam Lumley Chapel Churches Conservation Trust are in the vicinity of Mitcham Junction.

The closest airport to Mitcham Junction is London Biggin Hill Airport (9 miles). Heathrow Terminals 1 2 3 Airport is 15 miles, London City Airport is 13 miles, London Heliport Airport is 6 miles, Heathrow Terminal 5 Airport is 16 miles, Gatwick South Terminal Airport is 16 miles, Gatwick North Terminal Airport is 16 miles, Heathrow Terminal 4 Airport is 14 miles, Northolt Jet Centre Airport is 16 miles, Elstree Airport is 20 miles and away. Mitcham Junction's closest train station is Hackbridge.

The nearest hospital is Wilson Mitcham.

Q.

How do we get the best rates for conveyancing in Mitcham Junction for a 140,000 property?

A.

Various solicitors promote theoretically cheap conveyancing quotes, but extra charges will be included in the terms and conditions, left unread by preoccupied buyers A quote must also state any disbursements. Charges found in the terms ought to be fair. Our quotes clearly state all legal fees for a standard conveyancing transaction.

Q.

Is contaminated land a concern in Mitcham Junction?

A.

Numerous of contaminants can quickly spoil property, like overhead transmission lines and brine works. An environmental search should offer more information.

Q.

How usual is gazumping?

A.

This occurs when a seller accepts an offer and then rejects it, opting for a greater offer. There is almost always a chance of gazumping. Consider instructing your property solicitor as soon as possible to reduce the chance of your offer being gazumped.

Q.

The home being purchased is on a brownfield site. Could the soil be contaminated by industrial waste?

A.

Even where some contamination has occurred in Mitcham Junction, risk levels are usually low. Also

considering issues such as groundwater contaminants like hydrocarbons and polychlorinated biphenyl (PCBs), contaminants affecting Mitcham Junction property will be factored into an environmental search.

Q.

What is the council tax on a Fifties semi-detached Band G property in Mitcham Junction?

A.

You should be told about your new property's band in the conveyancer's title report. The latest council tax charges for Mitcham Junction are published online at the Sutton council website. At the time of writing, 20 August 2012, rates are as follows:

  • Band A - £965.00
  • Band B - £1,126.00
  • Band C - £1,287.00
  • Band D - £1,448.00
  • Band E - £1,769.00
  • Band F - £2,091.00
  • Band G - £2,413.00
  • Band H - £2,895.00

Q.

We have taken out a quote from you. May we have to pay any hidden costs?

A.

Homeward Legal never hide any hidden extra charges whatsoever. Some websites offer unrealistically low 'quotes' which are in fact estimates, which they will not be bound to.

Q.

What sort of due diligence in relation to the risk of a flood to properties in Sutton will a Mitcham Junction lawyer go into detail on?

A.

A key step in the legal process of buying a property involves a conveyancing solicitor conducting environmental searches that provide you with some details on the subject of Mitcham Junction flood risk area. An inexpensive (around twenty pounds) and more thorough dedicated flood risk search (most likely a Landmark Database search) will often be suggested by a property solicitor in Mitcham Junction if in the event that the environmental search highlight flood risk to the property.

Q.

What are the alternatives if we acquire a flat in a Sutton council conservation area ?

A.

An integral part of the due diligence for buyers includes the application for searches of Sutton planning authority to check conservation area status and the required consent being granted for any changes. These searches are not fees and are charged at cost to the client. In the event that no authority consents can be provided, the solicitor will inform you of the best alternative e.g. seeking an indemnity insurance policy or requesting retrospective approval from Sutton local authority.

 
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