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Transfer of Equity in Welling

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 Welling

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

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 12/01/17

Local points of interest in Welling

Erith London Windmill, Museum of the Royal Arttillery:Firepower Aviation Museum and Eltham Palace English Heritage are close to Welling.

The nearest train station to Welling is Welling, approximately 1 mile away. London City Airport is 4 miles from Welling. Heathrow Terminals 1 2 3 Airport is 25 miles, London Heliport Airport is 13 miles, Gatwick South Terminal Airport is 24 miles, Gatwick North Terminal Airport is 25 miles, Heathrow Terminal 4 Airport is 24 miles, Northolt Jet Centre Airport is 23 miles, Elstree Airport is 23 miles, Rochester Airport is 19 miles and London Biggin Hill Airport is 10 miles away.

The closest hospital is Heathlands Private Belvedere.

Q.

How do I find a cheap solicitor for selling a house?

A.

Many online and high street property lawyers purport to offer 'the cheapest conveyancing quotes'. Unfortunately additional costs are frequently hidden in the terms and conditions that sellers often do not check. Your Welling conveyancing quote must also state any disbursements.The Homeward Legal quote calculator will confirm the exact legal fees based on the property you are selling.

Q.

Does your company manage the legal conveyancing of auction properties in Welling?

A.

Yes - Our company is accustomed to working with bidders at auction. Regularly more complicated to convey properties such as short lease property, are listed at auction which necessitate further exploration. Lawyers therefore advocate that bidders appoint a CQS lawyer before the property auction date to allow enough time for a detailed investigation. Subsequently, immediately after the property auction you are the lawyer will need to be geared up to finalise the legal work in 28 days as conventionally required by the conditions of sale.

Q.

Does my property lawyer in Welling do any conveyancing searches on the London Sixties terraced house we are buying?

A.

If you are taking out a mortgage lender requires you to at least a specified set of searches, including these searches

- Local Authority, Drainage and Water Search (CON29DW or personal) and Environment Search, and occasionally unique particular such as SIM Search.

Q.

Myself and my partner are buying in Welling. Are there any conservation areas in the area?

A.

With over 8,000 conservation areas throughout the country, the areas around Welling will include a range of areas of historical or architectural value registered as protected. Your solicitor will provide more details and confirm potential liability for unauthorised works.

Q.

Would it be sensible to take care of legal conveyancing process myself.

A.

Hypothetically there is absolutely no argument why a home mover cant go down that route and do the legal work unaided. In reality however, a property lawyer is in charge of a huge array of exercises ranging from raising additional enquiries or dealing with requisition on os1 most of which need training.

Q.

Is Welling soil possibly contaminated by cobalt?

A.

Given the history of industry and agriculture in parts of Welling, top-soil contamination is difficult to avoid. Various bodies hold data on land contaminants affecting Welling, including local authorities.

Q.

For a fast conveyancing transaction on the purchase of a £ 715,000 home, what should we do?

A.

It is well established that fast conveyancing is crucial to instruct a proactive and experienced lawyer. There are several things you as the purchaser can do to get moving sooner. These include:

  • organising your finances, including arranging a mortgage
  • requesting status updates from the lawyer regularly
  • promptly answering your lawyer's questions

Q.

Having heard about the fact that last year was second wettest year since 1920 I am wondering if environmental searches may not be sufficient?

A.

Your Welling lawyer will suggest that you also get environmental searches from Landmark if the standard conveyancing searches identifies any kind of risk.

For greater peace of mind why not contact a local resident.

 
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