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Conveyancing in Gidea Park Q & A's

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 17/10/17

Read about Gidea Park ;

Gidea Park's closest station is Gidea Park at 1 mile and the closest airport to Gidea Park is London City Airport. London Heliport Airport is 19 miles, London Airport is 22 miles, Elstree Airport is 23 miles, Rochester Airport is 22 miles, London Biggin Hill Airport is 20 miles and Stansted Airport is 21 mile away.

Gidea Park is less than 3m of junction entry 28 Westbound of the M25.

The closest hospital is Queens Romford.

Q.

We are trying to find low cost conveyancing in Gidea Park. What are the risks?

A.

Many conveyancers promote supposedly cheap conveyancing quotes. Often extra fees can inflate your solicitor's invoice. Charges listed in the small print ought to be reasonable.

Q.

Which factors will contaminate land in Gidea Park. Are they a problem?

A.

A broad range of contaminants caused by environmental concerns may significantly reduce the value of property. Contaminants like shallow mining and nearby waste management facilities should be reported on during conveyancing searches.

Q.

We are purchasing with New Life Mortgages, what will we need to check?

A.

Prior to recent changes, solicitors could carry out mortgage-related work for most lenders. In some cases, lenders have reduced their 'solicitor panel', resulting in higher legal costs for property purchasers if their chosen solicitor is unable to act both on their behalf, and for their lender. Homeward Legal, fortunately, can act for the vast majority of lenders.

Q.

Do you recommend making the effort to hold off paying stamp duty to HM Revenue?

Stamp duty mitigation is not recommended for purchases in Gidea Park, as such schemes are expensive and can be very unlikely to succeed. There have been several government-sponsored schemes, on the other hand, such as relief for buyers in 'disadvantaged areas', and your solicitor will advise if these may apply.

Q.

We are interested in purchasing in Gidea Park. Can we check that the house is in a conservation area?

A.

With over 8,000 such areas throughout England, the regions near or within Gidea Park will include several conservation areas. The local authority will be able to advise further about local conservation areas, and the solicitor handling your purchase will discuss the relevant responsibilities you would be taking on by purchasing in a conservation area.

Q.

Are there many mortgage lenders with Gidea Park offices?

A.

We have worked with the majority of lenders financing buyers in Gidea Park. Lenders and mortgage specialists in Gidea Park include Mortgage Hunter 2000, 57 Fairholme Av, Romford, RM2 5UR.

Q.

What sort of due diligence regarding the potential risk of local flooding in Havering will a Gidea Park conveyancing solicitor include in the report on title for a buy to let house I am hoping to buy?

A.

Your residential property conveyancer will carry out formal environmental searches that incorporate Gidea Park area flood risk information. Depending on the results, a Gidea Park conveyancing solicitor could possibly advise an inexpensive additional in-depth local Gidea Park flood search. The most recent (06/01/13) indications at the Environment Agency don’t reveal any active flood warnings in Gidea Park.

Q.

For fast legal work on the purchase of a £634,000 property, what should we do?

A.

Contacting a proactive, diligent lawyer is essential to fast conveyancing. Furthermore, there are numerous tasks you can do to get moving sooner, including, clarifying your mortgage lender's requirements, responding to your lawyer by phone, fax or email wherever possible and calling or emailing the lawyer, and chase them if you suspect any delays.