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Transfer of Equity in Bethnal Green

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 Bethnal Green

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

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 16/01/17

Noted Bethnal Green interest

Sutton House National Trust , Trinity Buoy Wharf Lighthouse, Tate Modern Art Gallery and Temple Middle Temple Hall Historic Building are in Bethnal Green.

Bethnal Green's closest airport is London City Airport. Heathrow Terminals 1 2 3 Airport is 17 miles, London Heliport Airport is 7 miles, Heathrow Terminal 5 Airport is 19 miles, Heathrow Terminal 4 Airport is 18 miles, Northolt Jet Centre Airport is 15 miles, Elstree Airport is 14 miles and London Biggin Hill Airport is 15 miles away and Bethnal Green's nearest station is Bethnal Green.

Commuters are well served with Bethnal Green enjoying good road access approximately three miles of the A102M.

The nearest hospital for Bethnal Green is Mildmay Mission Shoreditch.

Q.

I need to find a fixed rate conveyancing quote. as we are on a budget.

A.

Several property lawyers offer so-called cheap conveyancing quotes. Often extra charges are often hiding in the solicitor's terms. These terms are often ignored by excited buyers, eager to get underway. Fees ought to be fair and reasonable.

Q.

In about four weeks we are looking to be moving from our detached residence in Bethnal Green to a larger property in Bow what is the best point to book a removals firm?

A.

Most property lawyers will advocate that you delay booking a removals company until after the contracts have exchanged as prior to this usually the firm moving date will not have been set. Many firms will impose a late cancellation cost . Try Bethnal Green Removals, Turin St, London, E2 6NJ Phone: 07904 444194.

Q.

For a lender, we have chosen Northern Rock - what do we need to check?

A.

Over the last two years, some lenders have limited the firms who can act for them. For purchasers, this can result in significantly greater legal costs. Homeward Legal, though, are able to act for many lenders in the UK, keeping buyers' legal costs to a minimum.

Q.

How do we protect against being gazumped?

A.

The convention of rejecting a previously accepted offer when a better offer is made by a second buyer is called gazumping. Although gazumping is less common in a declining market, there will always be a risk. The first step in reducing the chance that gazumping will effect you is to instruct a proactive solicitor as soon as you can.

Q.

Does your Bethnal Green conveyancer conduct any property searches on the London thirties terraced building I am intending to buy?

A.

When taking out a mortgage the lender requires you to the following for properties in Bethnal Green: Local Authority, Drainage and Water Search (CON29DW or personal) and Environment Search and perhaps less common searches, which might include Official Search of Whole with Priority (OS1).

Q.

How do I check that a house is in a conservation area?

A.

Areas deemed to be of special architectural or historic interest, such as stretches of canals, will be designated as conservation areas. The benefits of such restrictions include better maintained homes and gardens, but they can result in the buyer inheriting liability of unauthorised changes.

Q.

When my partner and I are buying on the same street as parsonage land in Bethnal Green, do I need a search for chancel liability?

A.

Chancel liability can require home owners to fund upkeep of a local church. Some names or words such as 'rectory' give an indication of a property's history, and thus whether chancel liability may apply. Bethnal Green churches where a chancel search may be appropriate include S Matthew, St James-the-Less, St John on and St Peter's.

Q.

We are buying on a Bethnal Green ex-industrial site. Could the soil be contaminated by industrial waste?

A.

With the history of industry in parts of Bethnal Green, soil contamination is difficult to avoid. Also considering issues such as groundwater contaminants like sewage and food-processing waste, contaminants affecting Bethnal Green property will be factored into an environmental search.

 
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