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Transfer of Equity in Silvertown

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 Silvertown

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

Profile photo of Clarisa McMahon

By

Ask Clarisa a question hl@syntarsus.co.uk

Updated: 16/01/17

Drivers are well served with Silvertown having very convenient major road access very close at around 1 1/2 mile of the A102M.

Silvertown's nearest station is Woolwich Dockyard. The closest airport to Silvertown is London City Airport (0 miles). Heathrow Terminals 1 2 3 Airport is 22 miles, London Heliport Airport is 10 miles, Heathrow Terminal 5 Airport is 23 miles, Heathrow Terminal 4 Airport is 22 miles, Northolt Jet Centre Airport is 20 miles, Elstree Airport is 19 miles, Rochester Airport is 23 miles and London Biggin Hill Airport is 12 miles away.

Q.

Things to do in Silvertown

A.

Trinity Buoy Wharf Lighthouse, Museum of the Royal Arttillery:Firepower Aviation Museum and Blackheath Old Dover Rd Library Art Gallery are in the vicinity of Silvertown.

The most convenient hospital for Silvertown is Plaistow, Newham University.

Q.

How do we find the cheapest conveyancing solicitors?

A.

Confusion over this issue catches out many buyers, and can leave them paying far more in fees than they budgeted, and many firms offer 'the cheapest conveyancing quotes', however additional costs are frequently hidden in the terms.

Q.

My wife and I are intending to buy in Silvertown, and need to know if there are any conservation areas.

A.

There are numerous conservation areas located near Silvertown. These restrictions create additional maintenance and repair responsibilities, but the benefits will include protection against unsympathetic development. Your solicitor will be able to offer more information.

Q.

Will the residential property's fixtures and fittings form list things such as bookcases?

A.

Purchasers are frequently confused by the vagueness surrounding which fixtures and fittings should be included. The buyers' and sellers' understanding of what will be included in the sale may vary considerably; this makes a fixtures and fittings form so necessary.

Q.

What type of conveyancing searches as respects the uncertain risk of floods at Newham will my lawyer in Silvertown actually conduct?

A.

An essential part of the legal procedure involved in buying a home involves a solicitor applying for environmental searches that give you details on the Silvertown flooding. On (18-Dec-12) there were no warnings around the Tidal Thames from Beckton Sewage Works to the River Lee at the River Thames riverside from the Thames Barrier to Putney Bridge

Q.

Is it risky to avoid paying out for stamp duty?

A.

Stamp Duty Land Tax (SDLT) is generally due for homes sold for over one hundred and twenty-five thousand pounds. We do not advise property buyers arrange any stamp duty mitigation scheme, as such schemes are costly and often likely to fail. There have been a range of legal initiatives, such as disadvantaged area relief. You will be able to confirm your eligibility for any such active initiatives with your solicitor..

Q.

What do we need to be aware of if when buying a Silvertown building in a Greenwich local authority conservation area ?

A.

Part of the conveyancing process includes ordering of LLC1 searches of Greenwich local authority to see conservation area status and the required consent for modifications. In the absence of any appropriate consents, your Silvertown conveyancer will advise you of the best alternatives, which include getting from Greenwich planning authority or seeking cover with indemnity insurance.

Q.

At what point should we speak to a solicitor?

A.

The straightforward answer is, earlier is preferable. Promptly instructing a firm for your Silvertown transaction can reduce any chance of the purchase or sale stalling.

Q.

Do we need to opt for a conveyancing solicitor referred by my estate agent?

A.

If you choose a law firm this way, you the agent is able to pressure a solicitor to wrap up the process as soon as possible. Such referrals must be carefully considered, as there is a risk that the agent may suggest the solicitor willing to pay the highest referral fee, not a firm with local expertise and a solid reputation.

 
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