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Transfer of Equity in South Kensington

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 South Kensington

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

Profile photo of Clarisa McMahon

By

Ask Clarisa a question hl@syntarsus.co.uk

Updated: 29/11/16

Noted South Kensington interest

Carlyle's House National Trust , Wandsworth London Windmill, Science Museum Kensington Aviation Museum and Apsley House English Heritage are situated in South Kensington.

The closest airport to South Kensington is London City Airport (10 miles). Heathrow Terminals 1 2 3 Airport is 12 miles, London Heliport Airport is 2 miles, Heathrow Terminal 5 Airport is 14 miles, Gatwick South Terminal Airport is 24 miles, Gatwick North Terminal Airport is 24 miles, Heathrow Terminal 4 Airport is 12 miles, Northolt Jet Centre Airport is 11 miles s, Elstree Airport is 13 miles and London Biggin Hill Airport is 15 miles away and the nearest train station to South Kensington is West Brompton, approximately 1 mile away.

Commuters are well catered for with South Kensington enjoying very good major road access close at approximately 1.5m of the A40M.

The closest hospital to South Kensington is Cromwell London.

Q.

How do we find affordable conveyancing?

A.

Numerous solicitors purport to offer so-called 'the cheapest conveyancing quotes'. However extra charges may increase the solicitor's invoice. Fees listed in terms of engagement ought to be fair and reasonable and only apply to matters if the lawyer must perform additional tasks in your interest, which could not be anticipated at the start of the process. Any disbursements must also be stated on a quote. Our quotes are not estimates, stating all the solicitors fees you will pay for a standard sale or purchase.

Q.

Why does purchase conveyancing work be so delayed?

A.

The conveyancing process can potentially be delayed even in ideal circumstances. Some reasons are out of the conveyancing solicitor's control. We see how frustrating such delays may be and work hard to reduce the consequences of these delays by, for example, ordering searches as early as possible. Delays may include difficulties with mortgage finance.

Q.

Will High Speed Two affect property in Islington?

A.

Yes. High Speed 2 Phase 1 will likely be an issue for a range of property in Highbury. An HS2 search will provide more information to buyers which may be affected by the line.

Q.

Will the South Kensington conveyancing solicitor order any property conveyancing searches on the London forties detached cottage we are buying?

A.

If purchasing and taking out a mortgage, your lender insist that at least specific searches, including - Local Authority (personal or official), Drainage Search (Con29DW) and Environmental and perhaps less common searches for example Coal and Brine.

Q.

Our purchase is completing in September. What will be calculated for Stamp Duty Land Tax?

A.

SDLT in South Kensington is calculated with reference to the property's value. Stamp duty will be £37320 on a £933000 property.

Q.

What kind of local conveyancing searches about the potential risk of a flood to properties in Kensington And Chelsea will my conveyancing solicitor in South Kensington actually conduct?

A.

An important part of the conveyancing protocol of buying a property involves your lawyer carrying out property environmental searches that go in detail on the subject of South Kensington historical flood risk. At the time of writing (26/02/13) publication on the Environment Agency website do not show any flood warnings in the South Kensington area.

Q.

For fast conveyancing on the purchase of a £659k house, what should we ensure to speed up the conveyancing process?

A.

Primarily, a fast transaction is essential to is to use a communicative conveyancing solicitor. That said, there are several tasks you, as the purchaser, can do, including, encouraging your conveyancing solicitor to carry out searches promptly, completing all forms as soon as possible and if you intend to get a house survey, doing so as early as you can.

Q.

I plan to buy a chapel in the parish of Stanwell. Will a chancel search be necessary?

A.

Whether you are buying a house in South Kensington or elsewhere in the county, the South Kensington conveyancing solicitor should confirm that a chancel search is ordered. Through some Parochial Church Councils have exercised their right to charge chancel repairs on the owners of land subject to chancel liability, a conveyancing solicitor cannot verify that a parish which has not been subject to chancel liability in the past will not automatically be the case for future owners, so it can be difficult to use this as a guide.

 
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