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Transfer of Equity in Shoreditch

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 Shoreditch

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

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 28/11/16

Shoreditch area info

George Inn National Trust , Trinity Buoy Wharf Lighthouse, Holborn Lincolns Inn Great Hall Historic Building and Tate Modern Art Gallery are near to Shoreditch.

The nearest station to Shoreditch is Old Street and Shoreditch's closest airport is London City Airport. Heathrow Terminals 1 2 3 Airport is 17 miles, London Heliport Airport is 6 miles, Heathrow Terminal 5 Airport is 18 miles, Heathrow Terminal 4 Airport is 17 miles, Northolt Jet Centre Airport is 14 miles, Elstree Airport is 14 miles and London Biggin Hill Airport is 15 miles away.

The nearest hospital is Moorfields Eye London.

Q.

I need a cheap solicitor quote to sell a property. What do I need to check for?

A.

Numerous conveyancers promote theoretically 'the cheapest conveyancing'. Unfortunately additional charges may inflate your final bill. Additional charges found in the terms should be fair and reasonable. They only apply to matters if the conveyancer is required to complete unexpected extra work for you, which could not be anticipated at the start of the process. Your conveyancing quote should, in addition, define any disbursements.Get a quote using the Homeward Legal quote calculator for the property you are selling.

Q.

Will your conveyancer in Shoreditch carry out any conveyancing searches on the London period end-of-terrace building we are buying?

A.

If obtaining a mortgage the building society of bank will expect at least the following Local Authority, Drainage Search (Con29DW or personal) and Environment Search, as well as any unique particular for instance British Waterways Search.

Q.

Are there any designated conservation areas in Shoreditch?

A.

Locales deemed to be of architectural or historic interest, such as country house estates, will be registered as conservation areas. The lawyer handling your purchase can advise further and address the impact buying in a conservation area may have.

Q.

Which lender panels in Shoreditch are you on?

A.

Of lenders with offices around Shoreditch, we with all the major companies. Shoreditch lenders and mortgage specialists include Demark Property Investments Ltd, A/283 Kingsland Rd, London, E2 8AS, and Timson Mortgages, 11 Pearson St, London, E2 8JD.

Q.

Conveyancing and environmental searches are conveyancing protocol but in light of current events such as the Met Office warn of more intense rain - 15-30% (according to climate change risk in 2012) are they the best way to check sufficient information about the Shoreditch future flood risk?

A.

Your Shoreditch conveyancing solicitor will suggest that you carry out conveyancing and environmental searches if the initial search identifies a risk of flooding in Shoreditch

For greater area background why not converse with a local resident.

Q.

Is a building survey sensible when buying property?

A.

The Royal Institution of Chartered Surveyors suggest that home buyers in Shoreditch arrange a property surveyor. There can be a range of issues that can negatively affect a property, that a lender's valuation survey, for example, will not cover, such as cracked roof tiles.

Q.

What factors can affect land in Shoreditch. Are these comprehensively investigated?

A.

Land in Shoreditch may have been contaminated by numerous natural and human-influenced issues, and an environmental search should reveal whether a house could be affected by local contaminants such as military land and coal mining.

Q.

How much is the council tax on a Thirties converted house in Shoreditch?

A.

Typically the title report should give information the appropriate Hackney council tax band. Up-to-date rates for residents of Shoreditch are detailed on the Hackney local authority site. As of 09/09/2012 rates are as follows:

  • Band A - £870.00
  • Band B - £1,015.00
  • Band C - £1,160.00
  • Band D - £1,305.00
  • Band E - £1,595.00
  • Band F - £1,885.00
  • Band G - £2,175.00
  • Band H - £2,610.00

 
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