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Transfer of Equity in Wanstead

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.

Get an instant quote for a transfer of equity in Wanstead.

Remortgage Solicitors Wanstead

Homeward Legal's panel of solicitors carry out remortgage conveyancing for Wanstead 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
Process Explained


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Conveyancing in Wanstead Q & A's

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 18/01/17

Drivers are well served with Wanstead situated with very good motorway access very close at within a couple of miles off the M11 Junction 4 Northbound.

The closest airport to Wanstead is London City Airport (5 miles). Heathrow Terminals 1 2 3 Airport is 22 miles, London Heliport Airport is 12 miles, Heathrow Terminal 5 Airport is 24 miles, Heathrow Terminal 4 Airport is 22 miles, Northolt Jet Centre Airport is 19 miles, Elstree Airport is 16 miles, London Biggin Hill Airport is 17 miles and Stansted Airport is 24 miles away and Wanstead's closest train station is Leytonstone High Road.

Whipps Cross University Walthamstow is a nearby hospital to Wanstead.

Q.

I need a discount conveyancing estimate. What are the risks?

A.

Various firms claim to offer cheap conveyancing, but additional fees are frequently hidden in small print which buyers may have not read carefully Extra fees listed in your solicitor's terms needs to be reasonable. They come into force only if your conveyancer is required to complete unexpected extra work , which could not be anticipated at the start of the process.

Q.

Wanstead property solicitors apply for a number of searches when instructed by a purchase client - which actual searches?

A.

If purchasing and getting a mortgage the building society of bank expects at least - Local Authority, Drainage and Water Search and Environment Search, as well as any area-specific searches for instance Land charge Search (bankruptcy only).

Q.

I have taken out a conveyancing quote from you. May there be any hidden charges?

No. Our solicitors do not charge any hidden extra costs. Our conveyancing quotes offer an single, accurate price the legal expenses for your sale or purchase.

Q.

Are there many lenders with branches in Wanstead?

A.

We have worked with all the major lenders providing financing to buyers in Wanstead. Wanstead lenders and mortgage specialists include Linfield N J, 4 Priory Gr, Kirkby-In-Ashfield, Nottingham, NG17 7QS, Northridge Mortgage Solutions Ltd, 47 High Rd, Beeston, Nottingham, NG9 2JQ, and Regents Park Associates Ltd, 5 Ascott Gdns, West Bridgford, Nottingham, NG2 7TH.

Q.

How much does the searches cost?

A.

With Homeward Legal's conveyancing service, Wanstead clients are expected to pay at a maximum £249 for conveyancing searches. Additional searches your solicitor may recommend include a commons registration search.

Q.

Is it advisable to get a chancel search if I am buying in Wanstead on the same road as a rectory built in the 1500s?

A.

Potentially amounting to over £100,000 in repair cost obligations, chancel liability should be considered by buyers of Wanstead property likely to be affected. Several sources are used to determine liability in Wanstead, including local maps. Wanstead ecclesiastical properties include Aldersbrook St Gabriel, Christ Church and St Mary.

Q.

What do we need to know if we buy an extended home inside a Redbridge planning authority designated conservation area ?

A.

An integral part of conveyancing includes the making of enquiries of the Redbridge authority to find out conservation area status and the required consent for modifications. Should no appropriate permissions be produced, your solicitor will advise you of the options which may include buying an indemnity policy or requesting retrospective consent from the council.

Q.

What causes conveyancing to require months?

A.

The legal work undertaken to transfer a house or flat in Wanstead will occasionally be drawn out. We understand that these can cause considerable stress and work hard to diminish their impact by driving the sale or purchase forward.

 
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