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Transfer of Equity in Stratford

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 Stratford

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

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 14/01/17

Stratford points of interest

Sutton House National Trust and Trinity Buoy Wharf LighthouseMuseum of the Royal Arttillery:Firepower Aviation Museum are situated in Stratford.

Stratford's closest train station is Stratford London. London City Airport is 4 miles from Stratford. Heathrow Terminals 1 2 3 Airport is 20 miles, London Heliport Airport is 10 miles, Heathrow Terminal 5 Airport is 22 miles, Heathrow Terminal 4 Airport is 20 miles, Northolt Jet Centre Airport is 18 miles, Elstree Airport is 16 miles and London Biggin Hill Airport is 15 miles away.

Commuters are well served with Stratford being well placed with very good major road access close at approximately 3m of the A102M.

The closest hospital to Stratford is Homerton University Hackney.

Q.

I am trying to find a fixed rate conveyancing quote in Stratford. How do we get a quote?

A.

Many online and high street property lawyers promote supposedly cheap conveyancing. Unfortunately extra costs are frequently hidden in the terms. Any charges found in terms and conditions needs to be fair and clearly defined and only be applied if the solicitor is required to complete unexpected extra work in your interest, which could not be anticipated at the start of the process. The online quote calculator can generate an accurate statement of the legal fees for the property you plan to buy.

Q.

Are there any mortgage lenders with Stratford offices?

A.

Most lenders in Stratford are on our solicitors' panels. Lenders and mortgage specialists in Stratford include Forum Wealth Management, 235 Cranbrook Rd, Ilford, IG1 4TD, Instant Mortgages Ltd, 376 High Rd, Woodford Green, IG8 0XQ, and White House Mortgages Ltd, 5 Harbour Exchange Sq, London, E14 9GE.

Q.

I am buying a £354000 residential property in Stratford, how is stamp duty rates determined?

A.

The Stamp Duty rate which will be owed is calculated based on the valuation. For a home estimated at £354000, the SDLT rate is £10620.*

*Accurate 15/01/2013

Q.

I want to find extra fast Stratford conveyancing solicitors - is that Homeward Legals solicitors?

A.

On the whole law firms may be slow which causes additional pressure to the home conveyancing process. By using the latest information technology and case management systems . We give you a regulated conveyancing property lawyer practiced at exert pressure with everyone in the buyer and seller chain for example local councils, to achieve a fast exchange of contracts.

Q.

Are pre-completion searches disbursements or fees?

A.

It may be unclear whether a charge is a disbursement or a fee. These costs are disbursements not fees, and is passed on to the buyer at cost.

Q.

Solicitors in Stratford order a number of conveyancing searches when instructed to act for a property buyer - which particular ones?

A.

If getting a mortgage lender insist that at least a specified set of searches, including the following Local Authority, Drainage Search (Con29DW) and Environment Search, and possibly specific local Stratford searches e.g. a Chancel Repair Liability Search.

Q.

We are preparing to be moving out of our period home in Stratford into a property in Manor Park . At what point to book a removals firm?

A.

Best practice is for buyers to put off booking a removal firm until such time as all parties have accepted by both parties a formal home moving date that regularly takes place after contracts have exchanged. Try Man & Van Stratford, 18 Windmill La, London, E15 1PG Telephone: 020 3616 0307 or Simple Movers, 2 Windmill Lane, London, E15 1PG on 020 36080303.

Q.

Will my lawyer in Stratford inform me about the amount to be paid of council tax for a Band E property before completion?

A.

The solicitor will consult with the Stratford-on-Avon local council to reveal the applicable council tax band and rates, which will then be set out in the title report.

The latest council tax charges for properties in Stratford are published on the Stratford-on-Avon council site. On 07 November 2012 rates are:

  • Band A - £1,011.00
  • Band B - £1,179.00
  • Band C - £1,348.00
  • Band D - £1,516.00
  • Band E - £1,853.00
  • Band F - £2,190.00
  • Band G - £2,527.00
  • Band H - £3,032.00

 
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