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Transfer of Equity in Victoria

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 Victoria

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

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Updated: 24/11/16

Noted Victoria interest

Brixton London Windmill, Jewel Tower English Heritage and Apsley House English Heritage are near to Victoria.

Victoria's nearest train station is London Victoria. Victoria's closest airport is London City Airport. Heathrow Terminals 1 2 3 Airport is 14 miles, London Heliport Airport is 3 miles, Heathrow Terminal 5 Airport is 15 miles, Gatwick South Terminal Airport is 24 miles, Gatwick North Terminal Airport is 24 miles, Heathrow Terminal 4 Airport is 14 miles, Northolt Jet Centre Airport is 12 miles, Elstree Airport is 14 miles and London Biggin Hill Airport is 14 miles away.

Commuters are well catered for with Victoria situated with excellent road access within a couple of miles of the A40M.

The closest hospital for Victoria is Gordon Pimlico.


I am looking for a fixed rate conveyancing quote in Victoria. What do we need to consider?


This matter catches out many buyers and sellers, and can leave them paying far more in fees than they budgeted. Many firms purport to offer so-called 'the cheapest conveyancing', but additional charges can inflate the final invoice.


I am purchasing a £969000, how is Stamp Duty Land Tax calculated?


Stamp Duty will depend on the property's value. For a house worth £969000, SDLT will be £38760.


Property environmental searches are estimated from archived records but when one considers climate change for instance the extensive flooding in the UK in April 2012 are they still appropriate to advise on sufficient information about the Victoria flood risk area?


Your Victoria property solicitor will suggest that you include flood risk searches if the standard search determines a any kind of risk of flooding in Victoria.

For extra history why not contact a neighbour of the property.


I have a need for very fast Victoria solicitors - is that you?


Annoyingly, too many property solicitors may be slow, causing even more stress to buying or selling a home.

We always work with home moving lawyers who will communicate up the home buyer and seller chain . In addition our panel of conveyancing property lawyers are actually chosen because they all use the best CMS systems leading to a completion on the sale quickly.


What are the pitfalls if purchasing a Victoria building in a Westminster planning authority conservation area ?


An integral part of conveyancing involves making enquiries of the local authority to establish conservation area status and formal approval for any changes. Local Authority searches vary in cost but are charged as a disbursement. In the event that no appropriate consents be produced, your Victoria conveyancing solicitor will advise you of the options such as seeking an indemnity policy or seeking retrospective permission from Westminster council.


Are buyers often gazumped in Victoria?


This takes place when a property seller acknowledges an offer and then refuses it, opting for a second purchaser's offer. There is almost always a chance of being gazumped. The first step in reducing the chance that gazumping will effect you is to instruct your property solicitor as soon as you can.


Victoria property solicitors get formal property conveyancing searches when they are acting for a home purchase client, which particular searches?


If applying for a mortgage the building society of bank will expect at least the following for properties in Victoria: Local Authority, Drainage Search (Con29DW) and Environment Search and occasionally area-specific searches, like a Subsidence report.


Is there anything I can do to get out of paying stamp duty in Victoria?


SDLT is generally due on residential property sold for over £125,000. Homeward Legal do not recommend any form of stamp duty mitigation. Such schemes are often uneconomical and the HMRC can review a scheme up to 6 years after a sale is completed and the total stamp duty amount may be due.