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Transfer of Equity in Goodmayes

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 Goodmayes

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

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 05/12/16

Read about the area ;

Goodmayes's closest airport is London City Airport (5 miles). London Heliport Airport is 14 miles, Northolt Jet Centre Airport is 23 miles, Elstree Airport is 20 miles, Rochester Airport is 23 miles, London Biggin Hill Airport is 17 miles and Stansted Airport is 24 miles away. The nearest station to Goodmayes is Goodmayes, approximately a mile away.

King George Ilford hospital is relatively close to Goodmayes.

Q.

How do I find a discount conveyancing quote?

A.

This point catches out many property buyers and sellers, and can leave them paying far more in fees than they budgeted, and many firms advertise so-called cheap conveyancing quotes, but extra charges will be included in the small print. We provide quotes, not estimates, and clearly state the fees for a standard conveyancing.

Q.

Can you advise how to bypass paying for SDLT?

A.

We do not recommend any stamp duty reduction scheme, as such schemes are costly and unreliable. There have been a number of legal initiatives, such as relief for buyers in 'disadvantaged areas'. A conveyancing solicitor should confirm whether you are eligible.

Q.

What is the council tax on a Sixties converted house in Goodmayes?

A.

Usually a report on title should give detail the Redbridge council tax band.

The latest council tax rates for residents of Goodmayes are tabled at the Redbridge council site. Currently on 26 February 2013 the different rates are:

  • Band A - £935.00
    >
  • Band B - £1,091.00
  • Band C - £1,246.00
  • Band D - £1,402.00
  • Band E - £1,714.00
  • Band F - £2,025.00
  • Band G - £2,337.00
  • Band H - £2,805.00

Q.

Do I need a Homebuyer Report for the house purchase?

A.

The Royal Institution of Chartered Surveyors firmly recommend that you book a property surveyor. There can be a wide range of issues which have a negative impact on a property, which include failed double glazing or ground movement, and these will not be addressed by your conveyancing solicitor.

Q.

How can I go about determine if the conservation area is neglected?

A.

Local conservation areas are created by the local Redbridge planning authority, who govern conservation area concerns from including things like ugly parking meters, the painting of houses and paths and footpaths. English Heritage, a government body, have put together records of the condition of conservation areas in England.

Q.

Will the fixtures and fittings include items such as cupboards?

A.

Commonly, there is no absolute definition of fixtures and fittings. Fixtures and fittings are frequently not considered, making early agreement of the list of items included with the purchase so essential.

Q.

How is Stamp Duty Land Tax rates worked out, and what should we budget for a £397000 home?

A.

The SDLT payable will depend on the valuation. Stamp duty will be £11910 on a £397000 house or flat in Goodmayes.*

*Correct as of June 2012

Q.

Which local authority is responsible for Goodmayes?

A.

Goodmayes is located in London Borough of Redbridge Council, PO Box No2, Town Hall, 128- 142 High Road, Essex, IG1 1DD, phone: 020 8554 5000

 
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