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Transfer of Equity in Selsdon

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 Selsdon

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

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 21/01/17

Local information:

Sanderstead train station is around 1 mile from Selsdon and Selsdon's nearest airport is London Biggin Hill Airport. Heathrow Terminals 1 2 3 Airport is 19 miles, London City Airport is 13 miles, London Heliport Airport is 11 miles s, Heathrow Terminal 5 Airport is 21 mile s, Gatwick South Terminal Airport is 14 miles, Gatwick North Terminal Airport is 14 miles, Heathrow Terminal 4 Airport is 19 miles, Northolt Jet Centre Airport is 21 mile s, Elstree Airport is 25 miles, Rochester Airport is 25 miles and away.

Q.

Local Selsdon attractions

A.

Shirley London Windmill and Croydon Airport Vistor Centre Aviation Museum are close at hand to Selsdon.

The most convenient hospital is Purley War Memorial.

Q.

How do I get low cost conveyancing?

A.

Various firms offer cheap conveyancing quotes, but additional costs are often hiding in the small print. This small print is often not read by buyers in a hurry. Additional fees included in your solicitor's terms should be fair. Our online quote calculator will generate an accurate quote for your transaction.

Q.

Do we need to get a building surveyor to look into this house purchase?

A.

It is highly recommended that purchasers book a RICS surveyor to carry out a survey if you are planning to buy in Selsdon. It is a fact that there are a range of defects that will impact a property, which will not be covered by the legal work, including failed double glazing or poor drainage.

Q.

Will your Selsdon lawyer do any searches on the London Edwardian mid terrace house I am intending to purchase?

If buying and obtaining a mortgage lender insist that a solicitor to get at least the following Local Authority (personal or official), Drainage Search (Con29DW or personal) and Environmental and, depending on certain criteria, less common searches, which may include a HS2 report.

Q.

Do I need to choose the lawyer offered by the local agent?

A.

The agent will push a conveyancing firm. If the agent is paid a referral fee, however, an agent may choose whichever firm pays the most per referral, not the most suitable for you.

Q.

How much would the fee for my conveyancing searches be?

A.

The cost of searches varies appreciably, depending on the specific searches which have been ordered. These searches are charged 'at cost'.

Q.

For a fast completion to buy a £224,000 house, what can we do to speed up the process?

A.

It is well established that a fast conveyancing transaction is essential to is to employing a proactive, diligent solicitor. Consider the following when selecting:

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

Q.

Which of the lender panels in Selsdon are your solicitors on?

A.

Most lenders in Selsdon are on our solicitors' panels. Local mortgage lenders and brokers include Oskat, 189 Southwark Pk Rd, London, SE16 3TX, Alpha Property Services (UK) Ltd, 307 East St, London, SE17 2SX, and Direct Mortgage Centre, 87 Burdett Rd, London, E3 4JN.

Q.

Can you suggest how to bypass paying for SDLT?

A.

Stamp duty avoidance is not recommended for purchases in Selsdon. These schemes are expensive and the HMRC can review a scheme up to 6 years after a sale is completed .

 
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