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Transfer of Equity in Waddon

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 Waddon

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

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 06/12/16

Waddon's nearest train station is West Croydon and London Biggin Hill Airport is 7 miles from Waddon. Heathrow Terminals 1 2 3 Airport is 17 miles, London City Airport is 12 miles, London Heliport Airport is 8 miles, Heathrow Terminal 5 Airport is 18 miles, Gatwick South Terminal Airport is 16 miles, Gatwick North Terminal Airport is 15 miles, Heathrow Terminal 4 Airport is 16 miles, Northolt Jet Centre Airport is 18 miles, Elstree Airport is 22 miles and away.

Q.

Waddon points of interest

A.

Shirley London Windmill, Croydon Airport Vistor Centre Aviation Museum and Cheam Lumley Chapel Churches Conservation Trust are near to Waddon.

The nearest hospital to Waddon is Mayday University Thornton Heath.

Q.

Do all cheap conveyancing quotes have extra fees? I need fixed rate Waddon conveyancing.

A.

The lack of clarity surrounding this point catches out many home owners, and can leave them paying far more in fees than they budgeted, and many law firms advertise 'the cheapest conveyancing quotes', but extra costs will be included in the terms and conditions. Extra fees which are listed in the solicitor's terms should be clearly defined and only be applied if your conveyancer must complete work beyond standard conveyancing , which could not be anticipated at the start of the process. Get a quote using the Homeward Legal quote calculator for the property you are buying.

Q.

We have a found a home to buy. How do we aim for a fast conveyancing process?

A.

Contacting a experienced solicitor is crucial to a fast conveyancing transaction. When identifying an appropriate a solicitor, ask yourself the following: How soon will they order searches? Was there a delay delivering a quote? Which communication methods do they use? Days can be wasted waiting for letters in the post which could be emailed or faxed.

Q.

Which local authority is responsible for Waddon?

A.

Waddon is located in London Borough of Merton Council, Merton Civic Centre, London Road, Morden, Surrey, SM4 5DX, Tel: 020 8274 4901

Q.

What is the council tax on a period end of terrace Band F property in Waddon?

A.

You should be give detail the homes band within the report on title. Up-to-date charges for Waddon are set out in detail on the Sutton local authority site. On 19 September 2012 band rates are:

  • Band A - £965.00
  • Band B - £1,126.00
  • Band C - £1,287.00
  • Band D - £1,448.00
  • Band E - £1,769.00
  • Band F - £2,091.00
  • Band G - £2,413.00
  • Band H - £2,895.00

Q.

Could Waddon soil be contaminated by strontium?

A.

Waddon's local area has a history of contamination from industrial or agricultural, like much of the UK. Data on many contaminants, such as food-processing waste and groundwater contaminants like landfill leachate, will be included in an environmental search.

Q.

Do we need to get searches for chancel liability when we are purchasing a apartment on the same road as an ecclesiastical parish in Waddon?

A.

There are over 15,000 Church of England and Church of Wales parishes across England and Wales. Property owners within some of these may be required to subsidise the repair of a local church. Several sources are used to determine liability in Waddon, including local maps. Church of England properties in the local area where a chancel search may be appropriate include St George.

Q.

Is gazumping usual in Waddon?

A.

Gazumping describes circumstances where the 1st buyer's offer is accepted, and then rejected, by the seller, in favour of a second buyer's offer. The risk of gazumping exists for almost any purchase. You should instruct a proactive solicitor as soon as you can to reduce the chance of gazumping.

Q.

How is Stamp Duty Land Tax calculated and how much do we need to pay on a £791000 property?

A.

The Stamp Duty that will be due will depend on the value of the property. It is £31640 on a £791000 residential property.

 
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