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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.

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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: 23/01/17

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.

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.

Q.

Will I need a building survey for this property purchase in New Covent Garden?

A.

It is suggested that buyers arrange a property survey. A range problems can negatively affect a property, which include failed double glazing. Such issues will not be considered during the conveyancing work itself.

Q.

I am worried about the council tax amounts on a Sixties end of terrace property in New Covent Garden, how much are they?

A.

Frequently the conveyancer's title report should give the Wandsworth council tax band. Up-to-date charges for New Covent Garden are set out on the Wandsworth local authority site. On 28 November 2012 the different rates are:

  • Band A - £456.00
  • Band B - £532.00
  • Band C - £608.00
  • Band D - £684.00
  • Band E - £836.00
  • Band F - £988.00
  • Band G - £1,140.00
  • Band H - £1,367.00

Q.

Has soil in New Covent Garden been contaminated by tin (Sn)?

A.

Though the dangers are usually minor, where substances causing significant pollution of surface waters or groundwater are found the land will be defined as 'contaminated'. Land may also be contaminated by other sources, including ammonia.

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.

Is there any information about the conservation areas in New Covent Garden?

A.

Conservation areas in New Covent Garden including building materials, non sympathetic doors or ugly shop fronts are overseen by the local authority (Wandsworth). English Heritage, a government body, now maintain a list in relation to the condition of conservation areas in Wandsworth and throughout England as well as the vulnerability.

Q.

How many weeks will conveyancing often require?

A.

The length of time taken to transfer a home does vary. This is according to numerous issues including if the property being bought or sold is leasehold. The national average is 8 to 12 weeks, but we aim for faster conveyancing, driving the transaction to complete within 6 to 8 weeks.

 
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