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Transfer of Equity in The Borough

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.

Get an instant quote for a transfer of equity in The Borough.

Remortgage Solicitors The Borough

Homeward Legal's panel of solicitors carry out remortgage conveyancing for The Borough 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.

Get an online The Borough solicitor remortgage quote to begin.

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or call us: 0800 038 6699


The Conveyancing
Process Explained


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Conveyancing in The Borough Q & A's

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 16/01/17

The Borough attractions

George Inn National Trust , Brixton London Windmill, Tate Modern Art Gallery and Imperial War Museum Aviation Museum are in The Borough.

The Borough's nearest train station is London Bridge. The nearest airport to The Borough is London City Airport (6 miles). Heathrow Terminals 1 2 3 Airport is 16 miles, London Heliport Airport is 5 miles, Heathrow Terminal 5 Airport is 18 miles, Gatwick South Terminal Airport is 24 miles, Gatwick North Terminal Airport is 24 miles, Heathrow Terminal 4 Airport is 16 miles, Northolt Jet Centre Airport is 15 miles, Elstree Airport is 15 miles and London Biggin Hill Airport is 13 miles away.

The nearest hospital is Guys Southwark.

Q.

What are the best conveyancing rates for a £557,000 property?

A.

Many conveyancers promote theoretically cheap conveyancing quotes, but extra charges may be added into small print. Extra costs ought to be reasonable and clear. Homeward Legal quotes are not estimates, and offer a clear statement of your legal fees for a standard conveyancing transaction.

Q.

How can I protect the purchase from gazumping?

A.

Gazumping occurs when a owner agrees to an offer and then rejects it, selecting instead a greater offer. The danger of getting gazumped is present in any transaction. You should instruct a proactive solicitor as soon as you can to reduce the chance of your transaction being gazumped.

Q.

Solicitors in The Borough carry out standard conveyancing searches when they are instructed to act for a home buyer - which specific ones?

A.

If purchasing and obtaining a mortgage, your lender insist that a solicitor to get at least specific searches, including

the following Local Authority Search, Drainage and Water Search (CON29DW) and Environment Search and perhaps specific local The Borough searches, like a Subsidence report.

Q.

Why does purchase conveyancing work take weeks to complete?

A.

The legal work required to buy or sell a house or flat can be delayed. Homeward Legal strive to curtail their cost whenever feasible. Reasons for delay can include issues elsewhere in a chain.

Q.

Is a building survey advisable when we are purchasing property in The Borough?

A.

It is advised that you instruct a property surveyor to perform a survey if buying in The Borough. Buyers should be aware that there are a range of concerns that will impact a property, for example poor drainage and cracks in walls.

Q.

Do you recommend that I get a chancel search? We are purchasing in The Borough.

A.

In The Borough, where land was once owned by a lay rectors, new owners of that property may be obliged to subsidise upkeep of nearby church property. Insurance may be available to protect a buyer should a The Borough Parochial Church Council enforce liability.

Q.

We want very fast The Borough solicitors - is that you guys?

A.

Sometimes conveyancing lawyers are very passive which brings huge annoyance to the property selling process.

We always allocate you to conveyancing property lawyers who will communicate throughout the property chain (line of buyers and sellers) . Moreover , our panel of property lawyers are specifically chosen as they use new land registry integrated and technology systems meaning they can exchange on your home move to your preferred move date.

Q.

What do we need to be aware of if when buying a The Borough flat located inside a Southwark council designated conservation area ?

A.

Part of the property legal includes the application for searches of Southwark planning authority to identify conservation area status and permission for any modifications. LLC1 searches are charged as a disbursement.

 
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