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Conveyancing in South Woodford Q & A's

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 12/10/17

Drivers are well served with South Woodford enjoying good motorway access roughly a mile of Junction 4 Northbound of the M11.

South Woodford's closest station is Wood Street. South Woodford's closest airport is London City Airport (6 miles). Heathrow Terminals 1 2 3 Airport is 22 miles, London Heliport Airport is 13 miles, Heathrow Terminal 5 Airport is 24 miles, Heathrow Terminal 4 Airport is 23 miles, Northolt Jet Centre Airport is 19 miles, Elstree Airport is 16 miles, London Biggin Hill Airport is 19 miles and Stansted Airport is 23 miles away.

Ilford, Roding is the most convenient hospital.

Q.

Please confirm the cheapest fee for a £742,000 property? I am looking for an affordable conveyancing estimate.

A.

Various firms offer so-called cheap conveyancing. However additional costs can inflate your solicitor's invoice. Any extra costs which are listed in terms and conditions needs to be reasonable and clear. We offer quotes, not estimates, and clearly state all legal fees you pay for a standard conveyancing transaction.

Q.

How is stamp duty rates calculated, and how much should it be on a £697000 residential property?

A.

The Stamp Duty which will be owed is calculated with reference to the property's price. Stamp duty will be £27880 on a £697000 house or flat (correct March 2013).

Q.

How many weeks will conveyancing legal work require in South Woodford?

A.

The time required to transact a property is not wholly predictable, according to numerous legal considerations which can include whether it is a leasehold property being transferred. For most firms in England and Wales, the average is between 8 to 12 weeks, whereas our solicitors aim for faster conveyancing, driving the transaction to complete within 6 to 8 weeks.

Q.

I am buying in South Woodford. How do I check that the house is in a designated conservation area?

A.

Conservation areas recognise neighbourhoods of 'special architectural and historic interest'. The local council will offer more information about local conservation areas, and the conveyancing lawyer handling your purchase will discuss the relevant responsibilities.

Q.

What can contaminate land in South Woodford, and should they be a problem?

A.

Many of contaminants caused by factors caused by man and by nature may reduce the value of land in South Woodford. Contaminants including other land contamination will be reported on in environmental search results.

Q.

We want to find extra fast South Woodford conveyancing solicitors - is that your solicitors?

A.

Too many home moving solicitors may be dilatory which causes additional anguish to the house conveyancing process. We always work with conveyancers who are selected because they attempt to communicate by phone and email through every part of the buyer and seller chain .

Furthermore , Homeward Legals home moving lawyers are actually chosen because they use expensive integrated and IT systems to exchange on your house move fast.

Q.

Which lender panels in South Woodford are you on?

A.

We are able to work with the vast majority of lenders registered with the Council of Mortgage Lenders. A number of mortgage specialists operate in South Woodford, like Mortgage Monitor Ltd, 1 Raven Rd, London, E18 1HD, Mortgage Choice Direct Services, 41 High Rd, London, E18 2QP, and Alexander Fox Ltd, 3 The Shrubberies/George La, London, E18 1BD. Your solicitor will be able to provide more information.

Q.

Is it important that we get searches for chancel liability? We are buying a residence next to parsonage grounds in South Woodford.

A.

There are thousands of Church of England and Church of Wales parishes in the UK. Owners of property within some of these may be required to contribute towards the cost of the repair of a local church. Terms used in a property's name, like 'priory', may indicate chancel liability. The solicitor acting on your behalf will be able to advise as to whether a chancel search is necessary. South Woodford church properties include Holy Trinity and St Mary.