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Transfer of Equity in Peckham

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 Peckham

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

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 15/01/17

Local key data:

Peckham's closest airport is London City Airport (6 miles). Heathrow Terminals 1 2 3 Airport is 17 miles, London Heliport Airport is 5 miles, Heathrow Terminal 5 Airport is 18 miles, Gatwick South Terminal Airport is 23 miles, Gatwick North Terminal Airport is 22 miles, Heathrow Terminal 4 Airport is 17 miles, Northolt Jet Centre Airport is 16 miles, Elstree Airport is 17 miles and London Biggin Hill Airport is 11 miles away and Peckham Rye train station is almost a mile from Peckham.

Q.

Peckham attractions

A.

George Inn National Trust , Brixton London Windmill, Imperial War Museum Aviation Museum and Tate Modern Art Gallery are easily accessible from Peckham.

The nearest hospital for Peckham is Maudsley Denmark Hill.

Q.

How do we find the best rates for conveyancing in Peckham for a £268,000 residence?

A.

This issue catches out many buyers and sellers, and can leave them paying far more in fees than they budgeted. Many solicitors claim to offer 'the cheapest conveyancing quotes'. Often additional charges will be included in the terms of engagement.

Q.

Is it risky to circumvent paying for stamp duty?

A.

Stamp duty scheme is not recommended, because these schemes are expensive and , if the scheme fails, you may be charged a penalty of up to 100% of the stamp duty amount owed.

Q.

Does 'fixtures and fittings' include things like curtains?

A.

In the main, fixtures are permanently fixed to walls, floors or ceilings securely and fixtures are free-standing items, such as the fridge. Early agreement of a list of fixtures and fittings will avoid later disputes and will clarify precisely which items will be sold with the property.

Q.

As a result of the fact that 2012 was second wettest year since on record we are worried that property environmental searches may not be detailed enough?

A.

An experienced Peckham property lawyer will advise you to get detailed conveyancing searches if the standard search determines a significant risk of flooding in Peckham

For extra area background might be able to contact a future neighbour.

Q.

The property being bought is on a ex-industrial use land. We have been told that cobalt soil contamination may be an issue.

A.

Peckham industry, agriculture and the natural environment can cause soil contamination. Various bodies hold data on land contaminants affecting Peckham, including local authorities.

Q.

Will I need a chancel search if you are purchasing a home close to rectory land in Peckham?

A.

Property owners near to church property in the locality may be required to pay for repairs. This is referred to as chancel repair liability. A chancel search confirms that such a liability exists. Peckham church lands include All Saints, Camberwell, St Luke, Christ Church and S. John Chrysostom with S. Andrew.

Q.

What factors are key to guarantee a fast conveyancing process?

A.

Instructing a proactive, diligent conveyancing solicitor is the key to a fast conveyancing transaction. Consider the following:

  • Are phone, fax and email their preferred methods of contact
  • Was there a delay delivering a quote?
  • How soon will they order searches?

Q.

When in the process should we instruct a solicitor to handle our purchase?

A.

Whether you are buying or selling in Peckham, the sooner you instruct a solicitor, the better. Some sources advocate holding off instruction until a chain is completed, but you will then be at a serious disadvantage in the event of a contract race, or buyer eager to move quickly.

 
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