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Transfer of Equity in Nunhead

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 Nunhead

Homeward Legal's panel of solicitors carry out remortgage conveyancing for Nunhead 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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Conveyancing in Nunhead Q & A's

Profile photo of Clarisa McMahon

By

Ask Clarisa a question hl@syntarsus.co.uk

Updated: 04/12/16

Nunhead data:

Nunhead's nearest station is Nunhead at 1 mile s. The closest airport to Nunhead is London City Airport (5 miles). Heathrow Terminals 1 2 3 Airport is 18 miles, London Heliport Airport is 6 miles, Heathrow Terminal 5 Airport is 19 miles, Gatwick South Terminal Airport is 22 miles, Gatwick North Terminal Airport is 22 miles, Heathrow Terminal 4 Airport is 17 miles, Northolt Jet Centre Airport is 17 miles, Elstree Airport is 18 miles and London Biggin Hill Airport is 10 miles away.

The most convenient hospital is Maudsley Denmark Hill.

Q.

How do I get affordable conveyancing?

A.

Many firms offer cheap conveyancing quotes. Unfortunately extra fees are frequently hidden in the terms of engagement. Any disbursements ought to be listed on a conveyancing quote Extra costs ought to be clearly defined. The online quote calculator can generate an accurate statement of the legal fees for the property you plan to buy.

Q.

Do we need searches for chancel liability? We are buying in Nunhead.

A.

The result of Aston Cantlow (PCC) v Wallbank in 2003 confirmed that chancel repair liability could be enforced. Insurance may be available to protect a buyer should a Nunhead Parochial Church Council enforce liability. Churches in this area where a chancel search may be necessary include St Antony with St Silas.

Q.

Which local factors can contaminate land in Nunhead, and will they be comprehensively investigated?

A.

Residential property in Nunhead would be contaminated by a range of natural causes and human activities, and an environmental search will reveal the extent to which a property can be impacted by local contaminants including waste disposal sites and other sources of contaminated land.

Q.

Should we get a chancel search if we plan to buy in the parish of Paddington St John, near Nunhead?

A.

The conveyancer is likely to recommend a chancel search. In older areas of Nunhead, chancel repair dues can be collected on current owners of a house where Parochial Church Councils (PCCs) may have spared previous owners or tenants, so the solicitor will be unable to make any guarantees, and will recommend insurance.

Q.

We are interested in purchasing a building in Nunhead. Can we check that the building is in a designated conservation area?

A.

Areas deemed to be of historical or architectural value, such as fishing villages, will be designated as conservation areas. Your solicitor will provide more details and confirm potential liability for unauthorised works.

Q.

What type of exploration into the risk of a flood to properties in Southwark will a Nunhead property solicitor go into detail on an investment property we are buying?

A.

A residential property conveyancing solicitor conducts conveyancing searches that incorporate Nunhead flood risk area data information.

Q.

We need to complete this home purchase as soon as possible, can we ensure a fast exchange and completion?

A.

As is widely reported, finding a communicative solicitor is essential to buying faster. There are several things you as the purchaser can also do. These include:

  • confirming your mortgage offer
  • keeping in regular contact with your solicitor
  • quickly completing and return any forms

Q.

We are going to buy in Nunhead. Is it that significant that conveyancing searches are ordered?

A.

Searches are common bundle of enquiries ordered by the purchaser's property lawyer. These do not relate to defects such as wet rot.

 
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