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Transfer of Equity in Harold Park

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 Harold Park

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

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 26/11/16

Local Harold Park attractions

Upminster London Windmill, South Weald Weald Country Park Country Park and Brentwood Thorndon Country Park Country Park are in the vicinity of Harold Park.

Harold Park is nearby at approximately 1 mile of junction entry 28 Westbound of the M25.

The closest airport to Harold Park is London City Airport (11 miles s). London Heliport Airport is 21 mile s, London Airport is 20 miles, Elstree Airport is 25 miles, Rochester Airport is 21 mile s, London Biggin Hill Airport is 21 mile and Stansted Airport is 20 miles away and Harold Park's closest station is Harold Wood.

The most convenient hospital for Harold Park is Brentwood, Hartswood.

Q.

Are additional fees applied? We need to find affordable conveyancing.

A.

Misleading conveyancing quotes catch out many homeowners, leaving them to pay sometimes £100s more than planned. Many solicitors purport to offer theoretically cheap conveyancing, but extra charges are frequently hidden in the terms. This small print is often not read by homeowners in a hurry. The conveyancing quote should state costs to be paid to third parties, e.g. the Land Registry, (disbursements). Any additional costs which are listed in the terms should be fair and clearly defined. Our quotes are not estimates, stating all the solicitors fees you will pay for a standard sale or purchase.

Q.

Is there anything we can do to hold off paying stamp duty tax?

A.

Stamp duty reduction scheme should not be considered when purchasing in Harold Park, because these schemes are often uneconomical and , if a scheme is challenged, you can be fined up to 100% of the amount owed, in additional to the tax itself.

Q.

Are there many lenders with branches in Harold Park?

A.

Of lenders with local offices around Harold Park, Homeward Legal work with all the major companies. Harold Park lenders and mortgage specialists include Safeguard Financial

Services, 16A Station Rd, London, E4 7BE, Bye Peter, 29 Rowney Gdns, Sawbridgeworth, CM21 0AT, and Professional Mortgages Services Ltd, Ropley/Pump La, Epping Green, Epping, CM16 6PP.

Q.

What are the alternatives if we buy a Harold Park home within the boundary of a Havering council designated conservation area ?

A.

Part of the conveyancing process involves ordering of LLC1 searches of Havering council to verify conservation area status and the existence of formal approval for any modifications. .

Q.

What sort of exploration in respect to the risk of local flooding in the Havering region will a conveyancing solicitor in Harold Park report on?

A.

An integral part of the legal procedure involves a lawyer applying for conveyancing and environmental searches that give some details about the potential Harold Park flood risk area. Furthermore, your lawyer in Harold Park might possibly propose a more involved (e.g. Landmark) detailed search. On (09-Mar-10) there were no warnings around the at the The River Ingrebourne at Harold Park including Harold Wood

Q.

How do you work out stamp duty rates and how much should we pay on a £944k residential property?

A.

The Stamp Duty owed will depend on the valuation. On a £944k house in Harold Park, stamp duty will be £37760.*

*Accurate as of July 2012

Q.

What causes sale conveyancing legal work to be so delayed?

A.

Conveyancing could be obstructed. Homeward Legal know how much extra stress these can cause and strive to reduce their burden if it can be achieved by pushing all parties involved. There are numerous reasons for delay, such as waiting for responses from third parties.

Q.

We are intending to buy in Harold Park. How can we verify that the house is in a conservation area?

A.

Areas considered to be of 'special architectural and historic interest', like 18th century suburbs, may be registered as conservation areas. Your conveyancing solicitor will be able to advise further and discuss what specific restrictions are in place.

 
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