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Transfer of Equity in Dagenham

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 Dagenham

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

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 30/11/16

Useful regional services facts -

Motorists are well served with Dagenham being well placed with very convenient motorway access nearby at a couple of miles of the A40M.

Dagenham's nearest airport is London City Airport (7 miles). Heathrow Terminals 1 2 3 Airport is 15 miles, London Heliport Airport is 4 miles, Heathrow Terminal 5 Airport is 17 miles, Gatwick South Terminal Airport is 25 miles, Gatwick North Terminal Airport is 25 miles, Heathrow Terminal 4 Airport is 15 miles, Northolt Jet Centre Airport is 13 miles, Elstree Airport is 14 miles and London Biggin Hill Airport is 14 miles away and the nearest station to Dagenham is Charing Cross.

Q.

Dagenham area info

A.

Brixton London Windmill, London National Portrait Gallery Art Gallery and Temple Middle Temple Hall Historic Building are close to Dagenham.

The closest hospital for Dagenham is Royal London Homeopathic.

Q.

I need to find the cheapest conveyancing quote. What do I need to check for?

A.

The lack of clarity surrounding this matter affects many homeowners who opted for a very cheap quote, only to be stung later in the conveyancing process. Many solicitors offer cheap conveyancing quotes. Unfortunately additional costs are often hiding in the terms and conditions. Any costs needs to be fair. Any disbursements must also be stated on the conveyancing quote

Q.

How does conveyancing work to buy in Dagenham require so much time and effort?

A.

Conveyancing will sometimes endure stressful setbacks for many reasons. Some causes are unhappily out of the solicitors' hands, Homeward Legal, however, endeavour to reduce their consequences by pushing all parties involved. Reasons for delay can include issues elsewhere in a chain.

Q.

How do you work out stamp duty and how much should we pay on a £737000 residential property?

A.

Stamp Duty is dependent on a small number of factors, primarily the property's purchase price. It will be £29480 on a £737000 home.*

*Correct December 2012

Q.

We are using a local lender in East London, and need to know which Dagenham lenders your solicitors work with. Whose panels are you on?

A.

Most lenders in Dagenham are on our solicitors' panels. Local mortgage lenders and brokers include James Edward Charles, 2 Shaw Cl, Hornchurch, RM11 1FB, Mortgage Hunter 2000, 57 Fairholme Av, Romford, RM2 5UR, and Matador Financial, 87 Parsonage Rd, Rainham, RM13 9LE. The lawyer whom you have instructed will be able to address any specific requests your lender may have.

Q.

What enquiries regarding the risk of possible flooding in Barking And Dagenham will the Dagenham conveyancing solicitor include in the report on title on a seventies property we are buying?

A.

The residential property conveyancing lawyer will carry out formal environmental searches that incorporate Dagenham flood risk information. Furthermore, your lawyer in Dagenham could suggest a substantially more specialist flood search. At the time of writing (09-Mar-10) there were no warnings around the River Beam at Dagenham at the The Rivers Beam and Rom at Romford, Hornchurch, Dagenham and Rainham

Q.

If we are buying in Dagenham, will I need a chancel search?

A.

Where land in Dagenham was once owned by a lay-rector, new owners of that property may be obliged to cover the cost of maintenance of a medieval church. Insurance may be available to protect a buyer should a Dagenham Parochial Church Council enforce liability. Ecclesiastical properties in this area include Becontree St Thomas, St Martin, St Martin and Becontree St Cedd.

Q.

Where do we uncover more info on the standard of the conservation areas in Dagenham and Dagenham?

A.

English Heritage, a government body, have assembled records of the condition (poor to good) of conservation areas. Local Dagenham conservation areas e.g. whether trees can be cut down, removal of existing windows or modern telephone boxes are maintain by the local authority (Barking and Dagenham).

Q.

Would acquiring a Homebuyer Report be necessary when we are purchasing any property?

A.

We advise that you book a survey when purchasing in Dagenham. There are a wide range of defects which will impact a property, such as blocked drains. Such issues will not be considered during the conveyancing work itself.

 
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