By Ellie Pierpoint
15th November 2016
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.
Get an instant quote for a transfer of equity in Newham.
Homeward Legal's panel of solicitors carry out remortgage conveyancing for Newham 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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"Working in partnership is the key to an less stressful completion."
When buying, selling or remortgaging a home in Newham, you should instruct a property lawyer to look after the legal work for your move.
Homeward Legal's conveyancing lawyers have a wealth of experience of conveyancing in Newham and throughout East London and our highly proactive approach often means we complete the transaction faster than other firms.
Our property lawyers perform all the conveyancing work for your move for a fixed price.
We do not charge you any property legal fees, if for any reason your London house move does not complete.
With area experience, our solicitors will lead you through the conveyancing process.
No additional fees whatsoever.
Motorists are well catered for with Newham ideally situated with good road access about 2m of the A40M.
Newham's nearest airport is London City Airport. 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 Newham is Charing Cross.Q.
Brixton London Windmill, London National Portrait Gallery Art Gallery and Temple Middle Temple Hall Historic Building are in Newham.
The nearest hospital to Newham is Royal London Homeopathic.Q.
Many firms claim to offer 'the cheapest conveyancing'. However extra costs are frequently hidden in small print that buyers often do not check. Extra costs which are listed in the terms ought to be reasonable. They only come into force where the solicitor must complete unanticipated additional work on your behalf, which could not be anticipated at the start of the process. Any disbursements to be paid should be included on the quote. Our quotes clearly state the solicitors' fees for a standard conveyancing transaction.Q.
We do not advise clients arrange any stamp duty reduction. Such schemes are costly and very risky.Q.
Firstly, instructing a communicative solicitor is crucial to faster conveyancing. Consider the following:
No. We will not charge any hidden extra fees regardless of circumstances.Q.
The Stamp Duty Land Tax which will be owed is based on the property's value. It will be £27720 on a £693000 property.*
*Correct January 2013Q.
When arranging a mortgage to purchase a property, a mortgage provider will need legal work to be undertaken in relation to the mortgage. Buyers should know that, in some cases, lenders are now reducing their 'solicitor panel', which may result in greater conveyancing costs for property purchasers. Homeward Legal will act for all major CML-approved lenders to keep legal costs to a minimum.Q.
Homeward Legal frequently act for auction buyers and sellers. Conveyancers always inform auction buyers to instruct a property lawyer before the actual auction for a full investigation of the sellers legal pack.
Thereafter, following the day of bidding a property conveyancing lawyer must be geared up to get through the legal work inside 28 days after exchange, a normal requirement of terms of sale.Q.
As a rule a report on title will contain the appropriate Newham council tax band.
The correct rates for properties in Newham are set out at the Newham council site. On (04/09/2012) the different rates are: