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Transfer of Equity in Redbridge

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 Redbridge

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

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 25/11/16

Local data:

Redbridge's closest train station is Charing Cross. Redbridge's closest 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.

Commuters are well served with Redbridge being well placed with very good road access around a couple of miles of the A40M.

Q.

Redbridge points of interest

A.

Brixton London Windmill, London National Portrait Gallery Art Gallery and Temple Middle Temple Hall Historic Building are in Redbridge.

The most convenient hospital for Redbridge is Royal London Homeopathic.

Q.

How do I find affordable conveyancing?

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 cheap conveyancing quotes, but additional charges will be included in the terms. Busy, stressed property buyers and sellers ignore these terms at their peril. Fees included in terms and conditions needs to be reasonable and clear and only apply in cases where the conveyancer must complete additional work on your behalf, which could not be anticipated at the start of the process. Our online calculator will create an accurate quote for your buy.

Q.

We are buying a property where the seller has installed incongruous stone cladding to the maisonette which may conflict with Clyde Circus conservation area guidelines.

A.

Your instructed conveyancing solicitor should confirm if the property is affected by a designated conservation area and whether any modifications

have requisite consent. In the absence of any the necessary permissions, your solicitor will give you professional advice on the alternatives which include obtaining from Redbridge planning authority or taking out an indemnity insurance policy.

Q.

I am purchasing a house in Redbridge. Will the home be eligible for stamp duty relief?

A.

Disadvantaged areas in Redbridge are identified by local government ward. Disadvantaged areas in the local area Redbridge include Loxford. Update: As of the 2013/14 tax year, stamp duty relief for disadvantaged areas is no longer available.

Q.

Is it recommended to get a chancel search? I am buying in Redbridge.

A.

In Redbridge, some owners can be required to contribute towards repairs to specific local church buildings. Insurance may be available to protect a buyer should a Redbridge Parochial Church Council enforce liability. Redbridge churches include All Saints.

Q.

Are some of the designated Redbridge conservation areas are in neglected condition?

A.

A recent estimation of the state of conservation areas is reported by English Heritage, and the following information is currently listed at their website:

Woodford Bridge is listed as poor with low vulnerability and deteriorating, Wanstead Park with Wanstead is listed as poor with low vulnerability and deteriorating.

Q.

Is a retention fee a disbursement or a fee?

A.

Disbursements and fees should be identified on your quote. This cost is a fee not a disbursement. It should be included in the quote for your conveyancing.

Q.

We are buying in Redbridge on a recently-developed brownfield site. Is the soil potentially contaminated?

A.

There are legislative rules in place to control soil contamination. Various bodies hold data on land contaminants affecting Redbridge, including local authorities.

Q.

What is the explanation why conveyancing legal work goes on for so long?

A.

Conveyancing could be delayed. We know the needless stress these can cause and work hard to diminish their burden by pushing all parties involved.

 
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