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Transfer of Equity in Old Ford

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 Old Ford

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

Profile photo of Clarisa McMahon

By

Ask Clarisa a question hl@syntarsus.co.uk

Updated: 12/01/17

Old Ford area information

Sutton House National Trust and Trinity Buoy Wharf LighthouseTemple Middle Temple Hall Historic Building are near to Old Ford.

Drivers are well served with Old Ford being well placed with excellent motorway access close at under a couple of miles of the A102M.

The closest station to Old Ford is Hackney Wick. London City Airport is 4 miles from Old Ford. Heathrow Terminals 1 2 3 Airport is 19 miles, London Heliport Airport is 9 miles, Heathrow Terminal 5 Airport is 21 mile s, Heathrow Terminal 4 Airport is 20 miles, Northolt Jet Centre Airport is 17 miles, Elstree Airport is 16 miles and London Biggin Hill Airport is 15 miles away.

The closest hospital to Old Ford is London Chest.

Q.

Please confirm the cheapest fee for a £358,000 property? I am trying to find an affordable Old Ford conveyancing estimate.

A.

This point catches out many buyers, and can leave them paying far more in conveyancing fees than they budgeted, and many property lawyers purport to offer so-called cheap conveyancing quotes, but extra charges may be added into small print that buyers often do not check. Extra charges which are listed in your solicitor's terms ought to be fair. Get a quote using the Homeward Legal quote calculator for the property you are buying.

Q.

Old Ford conveyancers conduct a variety of property when they are instructed to act for a property buyer - which specific ones?

A.

If taking out a mortgage the mortgage lender mandates a specified set of searches, including the following Local Authority, Drainage and Water Search (CON29DW) and Environment Search, and perhaps special local Old Ford searches e.g. a Cheshire Brine Search.

Q.

Why could the conveyancing process take weeks to complete?

A.

Conveyancing will sometimes experience delays for a variety of reasons. The reasons are on occasion unhappily beyond the conveyancing solicitor's power. We endeavour to lessen their consequences whenever we can by chasing for prompt responses. There are numerous reasons for delay, such as slow third parties such as landlords or managing agents.

Q.

Do we need to be worried about 'fixtures and fittings'?

A.

Buyers in Old Ford are frequently confused by the lack of detail regarding which fixtures and fittings are included in a sale. The parties' may have widely differing assumptions about what will be included; this can make the clarification of any difference of opinion so important.

Q.

Can titanium (Ti) contaminate Old Ford soil?

A.

There are comprehensive regulations to prevent future top-soil contamination. The local authority for Old Ford will be able to provide more detail on cases of contamination.

Q.

Which local authority is responsible for Old Ford?

A.

Old Ford is located in Tower Hamlets Council, Town Hall, Mulberry Place, 5 Clove Crescent, E14 2B, Tel: 020 7364 5009

Q.

What are the pitfalls when buying a period home within a Tower Hamlets council designated conservation area ?

A.

An integral part of conveyancing for purchasers involves the making of enquiries of Tower Hamlets planning authority to check conservation area status and permission being granted for any changes. Searches vary in price between authorities, but are charged without markup to the client. In the absence of any appropriate consents, your solicitor will give you professional advice on the alternatives which include getting retrospective permission from the planning authority or seeking cover with indemnity insurance.

Q.

Which of the Old Ford lender panels are you on?

A.

We have worked closely with many lenders approved by the Council of Mortgage Lenders. A number of mortgage specialists operate in Old Ford, such as Countrywide Services, Davy House/Davy Cl, Park Farm Industrial Estate, Wellingborough, NN8 6XX, Caldwell Adam, East St, Long Buckby, Northampton, NN6 7RB, and Select Mortgage Solutions, Regents Pavilion/4 Summerhouse Rd, Moulton Park Industrial Estate, Northampton, NN3 6BJ.

 
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