Conveyancing in East London
Conveyancing is when a solicitor transfers the legal ownership of a property from one individual to another. If you need a solicitor for conveyancing in East London, we can help you with fast & proactive conveyancing from a national panel of conveyancing specialists.
We have years of experience helping homemovers in East London and throughout London handle their sale, purchase, buy-to-let, Help to Buy, Right to Buy, shared ownership, new build, leasehold, lease extensions, remortgage and transfer of equity.
Buying property in East London
A vibrant and diverse area of the capital, East London is known for its mix of historic sites and contemporary attractions. It's home to many cultural landmarks, such as the Tower of London, the historic Spitalfields Market, and the innovative arts scene of Shoreditch and Hackney. East London is well-connected via public transport, with extensive tube, bus and cycle routes. It is particularly popular with young professionals due to its blend of culture, entertainment, and ease of access to the city centre. The population across the various boroughs of East London is in the millions.
Council Tax in East London (2023/24)
East London is in London Borough of Tower Hamlets.
Band | Amount |
---|---|
A | £1,054.01 |
B | £1,229.68 |
C | £1,405.35 |
D | £1,581.02 |
E | £1,932.36 |
F | £2,283.69 |
G | £2,635.03 |
H | £3,162.04 |
What does a conveyancing solicitor do?
The conveyancer will handle all the legal elements of transferring ownership from the seller to the buyer. This means carrying out comprehensive due diligence, such as arranging property searches, raising enquires and registering your ownership of the property.
East London conveyancing solicitors could also undertake checks for issues related to flats, such as spiralling ground rents.
Are you financing your purchase with a mortgage?
When you buy a house, your solicitor must also handle some legal work for the bank or building society.
Panel approval will mean your solicitor can represent the interests of your lender.
Our chosen panel lawyers have established relationships with the majority of banks and specialist lenders, facilitating a quicker completion of your transaction.
Read more:
Conveyancing for buying a property
Find out if our panel solicitors can act for your mortgage lender
We can also help home buyers in East London with conveyancing for:
When buying a property in an East London conservation area, your lawyer will check for covenants and restrictions, e.g. parking issues, and rubbish disposal issues. Conservation areas in East London and across the London local authority include Postman's Park, Foster Lane, Bow Lane and Bank.Buying in a conservation area
Shared ownership technically means purchasing a share in the property (usually 25% to 75%) from a housing association. Purchasing a shared ownership home is more complex than a straightforward purchase, as shared ownership properties are always leasehold. With extensive specialist experience, our expert panel of solicitors will assist you with every step of the process.Shared Ownership Conveyancing
Leasehold flats
Buying a leasehold property in England or Wales is significantly more complex than buying a freehold property. The many potential problems awaiting an uninformed purchaser can include legally technical issues like overpriced managing agent packs and freeholds sold without first refusal to leaseholders.
A specialist leasehold solicitor will look into all potential issues with the lease and report back to you.
Read more:
What you need to know about buying a leasehold property
Should I be wary of buying a leasehold house?
Should I buy a property with a short lease?
Selling a property in East London
At the start of the property selling process in East London, the solicitor will assemble all essential documents, including the sale contract and ID forms.
The lawyer will advise on enquiries sent by the buyer's conveyancer, resolve any potential issues and handle the mortgage redemption.
Your lawyer will also coordinate with both sides, like agents, lenders and landlords, so your property sale is completed without incident.
Does a leasehold property take longer to sell?
Correct, it can take much longer to carry out the legal work to sell leasehold properties, compared to the sale of a freehold property.
The buyer's solicitor must review this leasehold-related paperwork, including a copy of the freehold property's buildings insurance. Delays are usually the result of the time required by the solicitor to source this information.
It can take a long time to gather these details if the managing agent is slow or difficult to contact, so the solicitor ought to start this process at the earliest opportunity.
Read more:
Selling a leasehold flat? What to do before going on the market
Conveyancing for selling a property
Remortgage conveyancing
The current Bank of England base rate is 4.5% (17 February, 2025)
Before you instruct, you should confirm that your remortgage solicitor is able to act for your lender.
We work with remortgage solicitors who are panel members for all major banks and building societies. Whether you are switching to a 2-year fixed rate from Lloyds Bank or taking out a 3-year tracker rate from Allied Irish Bank, we can help.
Read more:
Check our panel solicitors can act for your mortgage lender
Get a remortgage conveyancing quote
Transferring Equity in East London
Whether you are giving a property to a family member, adding your spouse to the deeds or inheritance tax planning, a transfer of equity is required. Your solicitor will handle the legal side for a guaranteed fixed fee.
Read more:
Transfer of equity Stamp Duty calculator
Get a transfer of equity conveyancing quote
Conveyancing costs in East London: What to expect
Conveyancing solicitors fees
Your solicitor's quote will detail the fees for the legal work, including VAT, to be paid when the conveyancing transaction completes. These fees are paid to your solicitor for the legal services they provide.
Conveyancing disbursements
Your quote should also list any disbursements, which are costs paid to third parties on your behalf, including Stamp Duty, property searches and a gypsum search.
Check what's included in your conveyancing quote
Beware of hidden charges not mentioned in the initial conveyancing quote, when comparing quotes. Some firms include additional fees in their terms and conditions. This can mean a higher-than-expected final bill.