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Transfer of Equity in Oakhill

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 Oakhill

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

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 21/01/17

Local travel information:

Oakhill's nearest train station is Highams Park. London City Airport is 7 miles from Oakhill. Heathrow Terminals 1 2 3 Airport is 22 miles, London Heliport Airport is 13 miles, Heathrow Terminal 5 Airport is 24 miles, Heathrow Terminal 4 Airport is 23 miles, Northolt Jet Centre Airport is 19 miles, Elstree Airport is 15 miles, London Biggin Hill Airport is 19 miles and Stansted Airport is 23 miles away.

Drivers are well served with Oakhill situated with very convenient road access very close at 1 1/2 mile off the M11 Junction 4 Northbound.

Holly House Buckhurst Hill is a nearby hospital to Oakhill.

Q.

How do I get fixed rate conveyancing?

A.

Many solicitors claim to offer cheap conveyancing quotes. However additional charges are often hiding in the terms. Extras which are listed in the terms ought to be reasonable.

Q.

Does the High Speed 2 route impact Rayners Lane properties?

A.

Yes, Phase 1 of HS2 will impact property in the local authority of Harrow. Conveyancing solicitors can order a HS2 search to investigate the impact on a particular property.

Q.

Is an administration fee a disbursement or fee?

A.

Disbursements and fees should be identified on a quote. This cost is a fee not a disbursement, and should be included in a conveyancing quote.

Q.

If you are purchasing a Oakhill residence on the same street as land owned by the church, is it necessary that I get a chancel search?

In Oakhill, where land was once owned by a lay rectors, new owners of that property may be obliged to contribute towards the cost of maintenance of a medieval church. Some names or words such as 'glebe' give an indication of a property's history, and thus whether chancel liability may apply. Churches in Oakhill where a chancel search may be appropriate include All Saints.

Q.

Should we employ a property lawyer used by our agent?

A.

Agent recommendations are a common practice path for purchasers to get a solicitor. Such referrals should be compared against alternatives, as it may be the case that the agent recommends the conveyancer who pays out the highest referral fee, not the most appropriate choice.

Q.

Is soil in Oakhill contaminated by vanadium (V)?

A.

There are extensive regulations in place to prevent future top-soil contamination. Various bodies hold data on land contaminants affecting Oakhill, including local authorities.

Q.

Does homewardlegal.co.uk look after the conveyancing for auction properties in Oakhill?

A.

Homeward Legal is highly knowledgeable with residential property auction protocols. Conventionally unusual lots such as barn conversions are bought in property auctions which tend to need greaterby the conveyancer We therefore suggest buyers at auction to formally instruct an affordable property conveyancing lawyer well in advance of the property auction for a review.

After the date of the auction, the lawyer will be prepared for complete the conveyancing within the 28 day time frame as conventionally required by the conditions of sale.

Q.

Can you recommend how to get out of paying stamp duty to the Revenue?

A.

SDLT commonly must be paid for property sold for more than £125,000. Stamp duty scheme should not be considered when purchasing in Oakhill, because these schemes are costly and often likely to fail.

 
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