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Transfer of Equity in Wanstead Flats

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 Wanstead Flats

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

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 05/12/16

Wanstead Flats's closest airport is London City Airport. Heathrow Terminals 1 2 3 Airport is 22 miles, London Heliport Airport is 11 miles s, Heathrow Terminal 5 Airport is 23 miles, Heathrow Terminal 4 Airport is 22 miles, Northolt Jet Centre Airport is 19 miles, Elstree Airport is 17 miles, London Biggin Hill Airport is 16 miles and Stansted Airport is 25 miles away. The closest station to Wanstead Flats is Wanstead Park.

Drivers are well catered for with Wanstead Flats being well placed with good road access close at within 3m of the M11 Junction 4 Northbound.

Whipps Cross University Walthamstow is the neighbouring hospital for Wanstead Flats.

Q.

How do we find affordable conveyancing?

A.

This catches out many home owners, and can leave them paying far more in fees than they budgeted. Many conveyancers purport to offer so-called cheap conveyancing quotes, but additional costs are frequently hidden in small print. Any additional costs found in the terms should be fair.

Q.

If I am intending to purchase in the parish of Harrow on the Hill, will we need a chancel search?

A.

Your property solicitor may suggest that a chancel search be taken out, whichever parish where the house being bought is located. Although some parish councils have determined to impose chancel repairs on the current owners of land subject to chancel liability, it is not possible to be certain that a parish where dues have not recently been paid will remain liability-free for new owners.

Q.

Can you confirm which Wanstead Flats lenders your lawyers work with. Whose panels are your solicitors members of?

A.

Homeward Legal can work beside many lenders listed with the Council of Mortgage Lenders. A number of mortgage specialists operate in Wanstead Flats, including Mortgages Only Ltd, 10/10/Bradford Road, Drighlington, Bradford, BD11 1AB, Riverside Financial Group Ltd, 8 New St, Huddersfield, HD1 2AR, and Mortgage & Insurance Shop, The Media Centre/7 Northumberland St, Huddersfield, HD1 1RL.

Q.

What are the pitfalls if we acquire a flat in a Redbridge council designated conservation area ?

A.

An integral part of conveyancing includes the ordering of searches of Redbridge planning authority to check conservation area status and the required permission for any modifications. .

Q.

How could sale conveyancing work have so many delays? Isn't it a simple matter of filing paperwork?

A.

The conveyancing process in Wanstead Flats could be delayed even where there is no chain. The delays are on occasion unhappily beyond a lawyer's power. We strive to minimise the impact of these delays wherever feasible. Reasons for delay include waiting for responses from third parties.

Q.

What is the council tax on a Sixties detached Band C dwelling in Wanstead Flats?

A.

As a rule the report on title should give information the appropriate Redbridge council tax band.

The latest council tax rates for homes in Wanstead Flats are listed on the Redbridge council website. At the time of writing on 05 September 2012 rates for all bands are:

  • Band A - £935.00
  • Band B - £1,091.00
  • Band C - £1,246.00
  • Band D - £1,402.00
  • Band E - £1,714.00
  • Band F - £2,025.00
  • Band G - £2,337.00
  • Band H - £2,805.00

Q.

What sort of analysis in respect to the risk and history of a flood in the Redbridge region will the Wanstead Flats conveyancing solicitor look into for a residential property we are buying?

A.

The residential property conveyancing solicitor will apply for official environmental searches, which include Wanstead Flats historical flood risk information.

Q.

The estate agent we are using in Kidbrooke has put forward the solicitors firm that they have used before. Is it a good idea to instruct this firm?

A.

It is common for estate agents to recommend a law firm to handle your conveyancing. If the agent is paid a referral fee, however, an agent may choose the solicitor willing to pay the highest referral fee, not a firm with local expertise and a solid reputation.

 
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