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Transfer of Equity in Wallington

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 Wallington.

Remortgage Solicitors Wallington

Homeward Legal's panel of solicitors carry out remortgage conveyancing for Wallington 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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Conveyancing in Wallington Q & A's

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 16/01/17

Local Wallington attractions

Shirley London Windmill, Croydon Airport Vistor Centre Aviation Museum and Cheam Lumley Chapel Churches Conservation Trust are close at hand to Wallington.

London Biggin Hill Airport is 8 miles from Wallington. Heathrow Terminals 1 2 3 Airport is 15 miles, London City Airport is 13 miles, London Heliport Airport is 8 miles, Heathrow Terminal 5 Airport is 17 miles, Gatwick South Terminal Airport is 15 miles, Gatwick North Terminal Airport is 14 miles, Heathrow Terminal 4 Airport is 15 miles, Northolt Jet Centre Airport is 18 miles, Elstree Airport is 22 miles and away. The nearest train station to Wallington is Wallington, National Rail.

The most convenient hospital is St Helier, Carshalton.

Q.

What will the overall charge be on the sale of a 462k house? We need to find a low cost conveyancing quote in Wallington.

A.

Several law firms advertise so-called cheap conveyancing quotes. Unfortunately extra charges are often hiding in small print.

Q.

As a consequence of the Met Office projecting more intense rainfall in the future I am asking whether flood risk searches may not be thorough enough?

A.

A thorough Wallington solicitor should always include conveyancing and environmental searches (Landmark database search) if the environmental searches establishes a Wallington area flood risk

Why not get in touch with a neighbour for additional added confidence or nearby Surrey flood damage expert - for example: Roach Brothers Ltd, 129 Woodcote Rd, Wallington, SM6 0QD Tel: 020 86471740.

Q.

Do we need to get a homebuyer report?

A.

Homeward Legal recommend that home buyers instruct a surveyor to undertake a survey. There can be a wide range of concerns which will impact a property, that a lender's valuation survey, for example, will not cover, including chimney defects.

Q.

We need to know which Wallington lenders you can work with. Which panels are you on?

A.

The Homeward Legal partnership have solicitors who have experience working with all the major lenders serving Wallington purchasers. Wallington lenders and mortgage specialists include Elson Consultancy, 38 Stafford Rd, Wallington, SM6 9AA, Farrell Independent, 5 Northwood Rd, Carshalton, SM5 3JA, and M P S Mortgages, 167 Woodcote Rd, Wallington, SM6 0QG.

Q.

How much does my searches be?

A.

With a Homeward Legal solicitor, Wallington clients are charged at most £249 for conveyancing searches. Other informative searches include a brine search.

Q.

The Wallington home being purchased is on a ex-industrial use land. Is the top-soil likely to remain contaminated by waste minerals like copper?

A.

Given the history of industry and agriculture in parts of Wallington, top-soil contamination is unavoidable. Metal contamination of top-soil in Wallington is more likely to occur near waste treatment sites. Data on other contaminants, like trichloroethylene, will also be included in an environmental search.

Q.

How is Stamp Duty Land Tax calculated and how much do we need to pay on a £576000 house?

A.

SDLT depends on a small range of considerations, most importantly the purchase price. Stamp duty will be £23040 on a £576000 property.

Q.

Our lender is Monmouthshire Building Society, what will I need to check?

A.

Some lenders have reduced their 'solicitor panel', potentially creating increased conveyancing costs for buyers. We will act for all major mortgage lenders, ensuring that an additional conveyancer will not be required to act for your lender.

 
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