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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.

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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: 06/12/16

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.

I am interested in purchasing a building in Putney. How can we confirm that the building is in a conservation area?

A.

With over eight thousand protected areas throughout England, the local areas around Putney will include numerous areas of conservation. The local council will be able to provide more details about local areas of conservation, and the conveyancing lawyer handling your purchase will confirm potential liability for unauthorised works.

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.

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.

Will the lawyer in Putney conduct any property conveyancing searches on the London forties semi-detached property I am purchasing

A.

If purchasing and getting a mortgage the mortgage lender will expect specific searches, including the following for properties in Putney: Local Authority (personal or official), Drainage and Water Search and Environment Search and, depending on certain criteria, less common searches for example Bankruptcy Search (K16).

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.

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.

Do we need to get a property survey?

A.

The Royal Institution of Chartered Surveyors strongly advise that you instruct a property surveyor if you are planning to buy in Putney. Buyers should be aware that there are a range of defects that have a negative impact on a property, which will not be addressed during a property valuation. These include poor ventilation.

 
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