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Transfer of Equity in New Malden

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.

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Remortgage Solicitors New Malden

Homeward Legal's panel of solicitors carry out remortgage conveyancing for New Malden 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 Malden Q & A's

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 08/01/17

Local travel and health service information

The closest train station to New Malden is New Malden. New Malden's closest airport is Heathrow Terminal 4 Airport. Heathrow Terminals 1 2 3 Airport is 10 miles, London City Airport is 16 miles, London Heliport Airport is 6 miles, Heathrow Terminal 5 Airport is 11 miles s, Farnborough (TAG London) Airport is 24 miles, Gatwick South Terminal Airport is 18 miles, Gatwick North Terminal Airport is 17 miles, Northolt Jet Centre Airport is 13 miles, Elstree Airport is 18 miles, White Waltham Airport is 23 miles and London Biggin Hill Airport is 14 miles away.

The nearest hospital for New Malden is New Victoria Kingston upon Thames.

Q.

We need to find the cheapest conveyancing solicitors in New Malden. How do we get a quote?

A.

Various conveyancers claim to offer 'the cheapest conveyancing quotes', but extra fees are frequently hidden in the solicitor's terms, left unregarded by busy buyers Any extra fees needs to be fair and reasonable and be applicable solely where the conveyancer must complete additional work for you, which could not be anticipated at the start of the process.

Q.

Monmouthshire Building Society is going to be our lender, what do I need to be aware of?

A.

Buyers in New Malden should be aware that a small number of lenders have reduced the number of firms on their approved panel, potentially creating increased conveyancing costs for purchasers. We are able to act for the vast majority of lenders, ensuring that an additional preferred solicitor will not be required to act for your lender.

Q.

Will a title report prepared by the solicitor in New Malden include details of the applicable rates of the council tax for a Band G house before exchanging contracts?

Your solicitor will contact the local council to ask about the most up to date council tax rates, which will be set out in the conveyancer's title report. Up-to-date rates for properties in New Malden are set out at the council website.

Q.

Is it wise to defer paying for stamp duty in New Malden?

A.

Stamp duty mitigation should be treated with extreme caution. These schemes are costly and can be very unlikely to succeed. There have been several government initiatives, such as disadvantaged area relief.

Q.

In 2 months we are likely to move from our terraced residence in New Malden into our next building in Surbiton . What is the optimum stage to book a removals firm?

A.

Most solicitors tend to advocate that house movers delay organising removals until such time as the contracts have exchanged because commonly the firm date will not have been agreed.

For a local Kingston upon Thames company Humpit Removals Ltd, 246 Kingston Rd, New Malden, KT3 3RN Phone: 020 8336 1956 or Next Step Movers, Unit 1 2 Wyvern Est/Beverley Way, New Malden, KT3 4PH Tel: 020 8942 3355.

Q.

Which areas of New Malden are secured by a conservation area?

A.

With around 9,000 conservation areas across the country, the regions around New Malden include numerous areas of special architectural or historic interest registered as protected. Your solicitor will be able to offer more information.

Q.

How much would searches be?

A.

With Homeward Legal's conveyancing service, clients are required to pay at most £249 for conveyancing searches.

Q.

What length of time does conveyancing to buy a property generally require, in your experience? We have already found a buyer.

A.

For the majority of home movers, the number of weeks needed to transact property varies. This is based on numerous legal considerations, for example, whether a mortgage is involved. The national average is 8 to 12 weeks, whereas Homeward Legal work towards four to six weeks, wherever possible.

 
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