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Transfer of Equity in Walworth

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 Walworth

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

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 21/01/17

Walworth points of interest

George Inn National Trust , Brixton London Windmill, Imperial War Museum Aviation Museum and Tate Modern Art Gallery are near to Walworth.

Walworth's closest airport is London City Airport. Heathrow Terminals 1 2 3 Airport is 16 miles, London Heliport Airport is 4 miles, Heathrow Terminal 5 Airport is 17 miles, Gatwick South Terminal Airport is 24 miles, Gatwick North Terminal Airport is 23 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 train station to Walworth is Elephant and Castle, about a mile away.

The nearest hospital is Guys Southwark.

Q.

How do I get the cheapest conveyancing solicitors in Walworth?

A.

The confusion over this point catches out many property buyers and sellers, and can leave them paying far more in conveyancing fees than they budgeted. Many law firms purport to offer cheap conveyancing, but extra fees are often hiding in the solicitor's terms. Extra fees found in terms and conditions needs to be clearly defined. They only apply in cases where your lawyer is required to complete unexpected extra work , which could not be anticipated at the start of the process. The online quote calculator can generate an accurate statement of the legal fees for the property you plan to buy.

Q.

The residence in Walworth being bought is on a ex-industrial site. Is the topsoil likely to remain contaminated?

A.

Soil contamination by industrial waste, including metals, will have occurred in parts of Walworth. Land may also be contaminated by other sources, including groundwater contamination and polychlorinated biphenyl (PCBs).

Q.

What makes conveyancing for a Walworth property purchase appear to be so drawn out?

Conveyancing will occasionally be subject to numerous interruptions or delays. Homeward Legal endeavour to reduce their consequences where possible by driving the transaction forward.

Q.

Does a Walworth conveyancing solicitor conduct any property searches on the London Sixties terraced building we are buying?

A.

If you are taking out a mortgage the building society of bank requires you to at least a specified set of searches, including the following Local Authority (personal or official), Drainage and Water Search (CON29DW or personal) and Environmental, and occasionally area-specific searches for instance Company Searches.

Q.

What type of exploration in connection with the risk and history of local flooding in Southwark will my property solicitor in Walworth check for a buy to let property I am buying?

A.

A conveyancer conducts standard protocol property environmental searches that incorporate Walworth flood risk data.

Q.

Should we get a chancel search if we are buying in the parish of Bromley?

A.

Whichever Walworth parish you are buying in, a conveyancing solicitor is likely to recommend a chancel search. In older areas of Walworth, chancel repair may be imposed on owners of a home where parish councils may have not done so in the past, so the solicitor will be unable to make any guarantees, and will recommend insurance.

Q.

What would the searches in Walworth cost?

A.

With a Homeward Legal conveyancing solicitor, conveyancing clients are expected to pay at most £249 for conveyancing searches in Walworth. Informative but less frequently ordered extra searches include a commons registration search.

Q.

We are intending to be finally moving out of our detached house in Walworth into our new home in Bermondsey . At what point to choose a removals firm?

A.

Most solicitors usually advise that you put off booking a removals company until the point where exchange of contracts has been notified as an agreed home moving date will not have been settled. Try iVan, Flat 6 Palgrave House/Wyndham Est, London, SE5 0XS Call: 020 7127 0710 or A Man With A Van, 199 Walworth Rd, London, SE17 1RL Telephone: 0871 423 0552.

 
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