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Transfer of Equity in Shadwell

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 Shadwell

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

Profile photo of Clarisa McMahon

By

Ask Clarisa a question hl@syntarsus.co.uk

Updated: 05/12/16

Shadwell attractions

George Inn National Trust , Trinity Buoy Wharf Lighthouse, Tate Modern Art Gallery and Temple Middle Temple Hall Historic Building are in the vicinity of Shadwell.

Shadwell's closest airport is London City Airport (4 miles). Heathrow Terminals 1 2 3 Airport is 18 miles, London Heliport Airport is 7 miles, Heathrow Terminal 5 Airport is 19 miles, Gatwick South Terminal Airport is 25 miles, Gatwick North Terminal Airport is 25 miles, Heathrow Terminal 4 Airport is 18 miles, Northolt Jet Centre Airport is 16 miles, Elstree Airport is 16 miles and London Biggin Hill Airport is 13 miles away. Limehouse station is almost 1 mile from Shadwell.

Motorists are well served with Shadwell situated with very good road access within 2m of the A102M.

The most convenient hospital to Shadwell is Royal London.

Q.

We need to find the cheapest conveyancing quote. Will I get a quote or and estimate?

A.

Confusion over this issue catches out many property buyers and sellers, and can leave them paying far more in fees than they budgeted. Many conveyancers offer cheap conveyancing. Unfortunately extra costs are frequently hidden in the terms, left unregarded by busy property buyers and sellers

Q.

I need especially fast Shadwell solicitors, is that your firm?

A.

A lot of solicitors are lackadaisical which can add even more concern to the house moving process.

With us, expert panel of solicitors are proactive and will always attempt to communicate efficiently to the whole property chain (sequence of buyers and sellers) and that utilise state of the art HMRC and Land Registry integrated and information technology systems to push through your home move as quickly as possible.

Q.

Which local authority is responsible for Shadwell?

A.

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

Q.

Does your firm carry out the legal conveyancing of auction properties in Shadwell?

Yes - Our firm is familiar with property auction conveyancing. Typically specialist buildings e. g. structurally defective property, are sold at property auctions which need greater inquiries. We therefore suggest that buyers at auction select an experienced conveyancing lawyer well before the auction day to give enough time for a detailed investigation of the documents.

Subsequently, immediately after the property auction, a lawyer should be geared up to conclude the legal process in less than 28 days, a requirement of terms and conditions of sale.

Q.

What type of environmental searches concerning the risk of local flooding in the Tower Hamlets region will the lawyer in Shadwell actually conduct?

A.

An integral component in the conveyancing protocol involves a conveyancer applying for property conveyancing searches that set out information with regard to Shadwell area flood risk. A significantly more specific dedicated flood risk search (e.g Homecheck) will typically be recommended by the conveyancing solicitor in Shadwell if the results of the enviro. search reveal a potential flood risk to the property. A recent check (05-Dec-08) there were no warnings around the Tidal Thames from the Limehouse Basin to Blackfriars Bridge at the River Thames including areas in the boroughs of Tower Hamlets, the City of London, the City of Westminster and Kensington & Chelsea

Q.

When we are buying a property near church grounds in Shadwell, is it recommended that I get a chancel search?

A.

Owners of property proximate to a local church are expected to subsidise repairs, as a result of chancel repair liability. Indemnity policies can be arranged if chancel liability is likely to be enforced. The solicitor handling your conveyancing will be able to advise as to whether a chancel search is necessary. Church of England properties in Shadwell where a chancel search may be necessary include St Paul and St Paul.

Q.

How do you calculate SDLT?

A.

Stamp Duty Land Tax is dependent on a small range of considerations, most importantly the purchase price. On a £196000 house or flat, stamp duty will be £1960.

Q.

Which Shadwell lenders do you work with?

A.

Of lenders with offices in Shadwell, we with the bulk of them. Lenders and mortgage specialists in Shadwell include City Financial Network, 19A East Pde, Leeds, LS1 2BH, Yorkshire Mortgage Solutions, 50 Austhorpe Rd, Leeds, LS15 8DX, and Aegis Financial Solutions, Turnberry Fold, Leeds, LS17 7WB. Your solicitor should be able to address any specific requests your lender may have.

 
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