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Transfer of Equity in New Covent Garden

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 New Covent Garden.

Remortgage Solicitors New Covent Garden

Homeward Legal's panel of solicitors carry out remortgage conveyancing for New Covent Garden 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.

Get an online New Covent Garden solicitor remortgage quote to begin.

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The Conveyancing
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Conveyancing in New Covent Garden Q & A's

Profile photo of Clarisa McMahon

By

Ask Clarisa a question hl@syntarsus.co.uk

Updated: 30/11/16

Local points of interest in New Covent Garden

Brixton London Windmill, Imperial War Museum Aviation Museum and Jewel Tower English Heritage are close at hand to New Covent Garden.

Wandsworth Road train station is approximately 1 mile from New Covent Garden and the closest airport to New Covent Garden is London City Airport (8 miles). Heathrow Terminals 1 2 3 Airport is 14 miles, London Heliport Airport is 2 miles, Heathrow Terminal 5 Airport is 16 miles, Gatwick South Terminal Airport is 23 miles, Gatwick North Terminal Airport is 22 miles, Heathrow Terminal 4 Airport is 14 miles, Northolt Jet Centre Airport is 13 miles, Elstree Airport is 15 miles and London Biggin Hill Airport is 13 miles away.

The closest hospital for New Covent Garden is Gordon Pimlico.

Q.

What are the best rates for conveyancing for a £742k house?

A.

Numerous solicitors claim to offer supposedly 'the cheapest conveyancing quotes'. However extra fees will be included in the solicitor's terms of engagement. These terms are often ignored by excited buyers, eager to get underway. Our quotes clearly state all legal fees for a standard conveyancing transaction.

Q.

How many lenders in New Covent Garden do you work with?

A.

Homeward Legal work closely with many lenders. A number of mortgage specialists operate in New Covent Garden, including SPF Private Clients Ltd, 132-134 Hills Rd, Cambridge, CB2 8PA, Cambridge Mortgage Line, 268 Milton Rd, Cambridge, CB4 1LQ, and Mortgage Quest, The Sycamores/43 Kneesworth St, Royston, SG8 5AB. Your conveyancing solicitors will be able to carry out any relevant lender-imposed searches or checks.

Q.

For fast conveyancing on the purchase of a £272,000 house, what should we do?

A.

Firstly, instructing a proactive and experienced lawyer is the key to moving faster. Ask these questions when identifying your conveyancer:

  • Do they offer 'instant' online quotes?
  • Are phone, fax and email their preferred methods of contact
  • How soon will they order searches?

Q.

Are there many conservation areas in New Covent Garden?

A.

With 9300 conservation areas across the country, the streets and neighbourhoods in or near New Covent Garden will include a range of areas of architectural merit registered as protected. Your conveyancing solicitor will provide more details and address the consequences of purchasing property in a conservation area.

Q.

The agent has named the law firm who they generally use. Should I instruct this solicitor?

A.

Many estate agents have arrangements with solicitors whereby they refer conveyancing work to them. Such referrals should be compared against alternatives, as the agent may recommend the firm which pays to the largest referral fee, not the law firm with the best reputation.

Q.

When in the conveyancing process is it wise to instruct a conveyancing solicitor to handle our transaction?

A.

In the majority of situations, the earlier, the better. Instructing your solicitor sooner for a purchase means that your offer may be taken more seriously if you already have a solicitor instructed, or, if you are selling a property, information, especially from slow third-parties, can be requested even prior to accepting an offer.

Q.

If you are buying close to a priory in New Covent Garden, do we need to get a chancel liability search?

A.

Potentially amounting to over £100,000 in repair cost obligations, chancel liability should be considered by buyers of New Covent Garden property likely to be affected. Following a change in the law, interest over any affected land in New Covent Garden must be registered by October 2013. This will make it easier to identify affected property through a chancel search.

Q.

What are the issues if we invest in a home in a Wandsworth local authority designated conservation area ?

A.

An integral part of the conveyancing process includes ordering of LLC1 searches of Wandsworth local authority to determine conservation area status and the existence of consent for any changes. These are charged as a disbursement. If no authority consents be in evidence, your conveyancing solicitor will give you professional advice on the alternatives which can include taking out an indemnity insurance or getting retrospective consent from Wandsworth planning authority.

 
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