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Transfer of Equity in Putney

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 Putney

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

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 19/01/17

Putney information:

Putney's closest station is Putney. Putney's closest airport is Heathrow Terminal 4 Airport (10 miles). Heathrow Terminals 1 2 3 Airport is 10 miles, London City Airport is 13 miles, London Heliport Airport is 2 miles, Heathrow Terminal 5 Airport is 12 miles, Gatwick South Terminal Airport is 22 miles, Gatwick North Terminal Airport is 21 mile s, Northolt Jet Centre Airport is 11 miles s, Elstree Airport is 14 miles, White Waltham Airport is 24 miles and London Biggin Hill Airport is 14 miles away.

Q.

Local points of interest in Putney

A.

Wimbledon London Windmill, 7 Hammersmith Terrace Historic Houses Association and Chiswick House English Heritage are in Putney.

The nearest hospital is Royal For Neuro-Disability Putney.

Q.

How do I find low cost conveyancing?

A.

Various firms advertise supposedly cheap conveyancing quotes. However additional fees will be included in the terms and conditions. Any extra costs ought to be fair and reasonable. They only apply in cases where the solicitor is required to perform tasks outside a normal transaction , which could not be anticipated at the start of the process. Any disbursements should also be included on a Putney conveyancing quote. The online quote calculator can generate an accurate statement of the legal fees for the property you plan to buy.

Q.

If we plan to buy in the parish of Shadwell, will it be necessary to get a chancel search?

A.

Regardless of the Putney parish in which you are buying, the conveyancing lawyer should confirm that a chancel search is taken out. In Putney's much older areas, chancel repair has the potential to be charged on current owners of a residence where Parochial Church Councils may have spared previous owners or tenants, so indemnity insurance may be advisable even if liability is unlikely.

Q.

I am going to buy a newly-constructed home, do we need searches?

A.

Conveyancing searches are a standard pack of enquiries performed on your behalf, such as a chancel liability search. Conveyancing searches are very informative, but deal with legal considerations.

Q.

Should I choose the property lawyer referred by my agent?

A.

Many agents have arrangements with solicitors whereby they refer conveyancing work to them. These referrals need to be weighed up against alternatives, including online or local firms, as an agent may choose the solicitor willing to pay the highest referral fee, not the law firm with the best reputation.

Q.

We are buying on a Putney brownfield land. Is tungsten (W) soil contamination likely?

A.

Restrictions exist to control soil contamination, decades after exposure the effect of some contaminants can be felt. Environment search results will factor contaminants, including metals and others such as groundwater contaminants like organic compounds.

Q.

Is it necessary to get a chancel search when I am buying a apartment on the same street as a rectory in Putney?

A.

Repair costs resulting from chancel liability can total hundreds of thousands of pounds. A chancel search confirms that such a liability exists. Church of England properties in the local area include All Saints, St Margaret and St Mary.

Q.

Is contaminated land a concern for any houses in Putney?

A.

Numerous of contaminants has the potential to affect property in Putney. Issues like local waste transfer sites will be investigated during the conveyancing process.

Q.

What are the pitfalls if we invest in a loft conversion located inside a Wandsworth council designated conservation area ?

A.

An integral part of the legal process involves carrying out searches of Wandsworth local authority to confirm conservation area status and the requisite consent for developments. .

 
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