Conveyancing in Hackney
Conveyancing is the legal process used for transferring ownership of a property from one party to another, or the work involved in a remortgage or transfer of equity. If you need a solicitor for conveyancing in Hackney, we can help you with fast & proactive conveyancing from a national panel of conveyancing specialists.
We have helped clients in Hackney and throughout London with buying, selling, buy-to-let, Help to Buy, Right to Buy, shared ownership, new build, leasehold, lease extensions, remortgage and transfer of equity.
Other areas covered: Edmonton, Walthamstow, Wanstead, East London and London
Buying property in Hackney
The London Borough of Hackney was formed by the merger of the metropolitan boroughs of Hackney, Shoreditch and Stoke Newington. The borough has seen extensive regeneration since the 2012 Olympics and was named on the 2014 Sunday Times list of best places to live in the UK, with a strong cultural community.
New secondary schools and improved transport links, plus pleasant open spaces have attracted new families to the area and the general gentrification has pushed property prices up.
Council Tax in Hackney (2023/24)
| Band | Amount |
|---|---|
| A | £1,182.19 |
| B | £1,379.22 |
| C | £1,576.26 |
| D | £1,773.29 |
| E | £2,167.35 |
| F | £2,561.42 |
| G | £2,955.48 |
| H | £3,546.58 |
What will my Hackney solicitor do?
Your property lawyer will handle the legal aspects of buying a property. This means carrying out comprehensive due diligence on the property, including arranging searches from entities including Hackney Council, raising enquires of the seller and reviewing contracts of sale.
Hackney conveyancing solicitors may carry out checks for leasehold complexities, including short and defective leases.
Are you buying a home with a mortgage?
When purchasing property with a mortgage, it is standard practice for your solicitor to also act for your bank or building society.
Panel approval will mean your solicitor is able to represent your mortgage provider.Over 100 lenders have approved our chosen partner solicitors, so we can help you complete your Hackney transaction without delay.
Read more:
Conveyancing for buying a property
Find out if our panel solicitors can act for your mortgage lender
Approved by over 100 more
We can help home movers in Hackney with the conveyancing for:
When buying a home in a conservation area, your property lawyer will check for potential planning issues, including lack of approval for an extension, and paint and colour scheme restrictions. Conservation areas in Hackney and the London local authority include Foster Lane, New Broad Street, Bow Lane, Eastcheap and Guildhall.Conservation areas
There exist around 500,000 listed properties across the country - around 560 of which are in London Borough of Hackney. Listed buildings in and near to Hackney include: There are many additional things to consider when buying a listed building. Examples of the obligations placed upon listed building owners include consent for additions like satellite dishes or external lighting, and a restriction on installing double glazing or modern door designs. Our expert solicitor panel will discuss with you what commitments you are making as a listed building owner. Read more:Listed buildings
Shared ownership conveyancing is the service you will need, when purchasing a share in a house or flat from a registered provider of social housing. Shared ownership conveyancing is more complex, as all properties are leasehold and mortgage lenders' apply stricter criteria. Whether you are buying a shared ownership property or staircasing, our panel of specialist solicitors will help you complete the procedure.Buying a Shared Ownership property
New Build
The conveyancing for purchasing a new build home in Hackney is often more complex than other types of conveyancing.
An experienced solicitor in Hackney must be able to deal with things like handling reservation fees, confirming rights to use pipes and cables (e.g. phone, data, fibre, electricity) and working with warranty providers such as NHBC Buildmark, Advantage and Ward Cole.
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Buying a leasehold property
can be complicated. The many potential traps awaiting the unsuspecting buyer can include legally technical issues like costly and undisclosed major works and leases with fewer than 80 years to run.
Your 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
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When we factored in eveything that was included - this was the best quote we could find
Selling property in Hackney
For the sale of a Hackney house or flat, the solicitor will arrange all the necessary documentation, including the draft contract and assorted property information forms.
Duties include handling obstacles like a missing EIC, responding to enquiries from the buyer's solicitor and handling the mortgage redemption.
The solicitor will liaise with key parties, like agents, managing agents and lenders, to help ensure the move completes without a hitch.Could the sale of a leasehold property be delayed?
Yes, compared to freehold conveyancing. Sale conveyancing for a leasehold house or flat can take much longer.
The buyer's conveyancer will expect to see these documents, such as an up-to-date statement of service charges. Typically, delays are due to the time it takes to source this information.
It can take a long time to gather the managing agent's information if the landlord or managing agent is slow or difficult to contact, so the solicitor should get this underway as soon as possible.
Read more:
Selling a leasehold flat? What to do before going on the market
Conveyancing for selling a property
Remortgaging
Latest Bank of England base rate now at 5.25% (12 October, 2024)
Before instructing, your solicitor needs to be able to act on your mortgage lender's behalf.
We work with solicitors who can act for over 100 banks and building societies. Whether you are changing to an offset mortgage with Barclays Bank or taking out a buy to let mortgage from Chelsea Building Society, we can help you.
Read more:
Find out if our panel solicitors can act for your lender
Get a remortgage conveyancing quote
Transfer of equity in Hackney
Whether you are transferring the ownership of your property to a child, adding one or more people to the deeds or dealing with inheritance tax planning, you will need to work with a solicitor or licensed conveyancer to carry out a transfer of equity. Your solicitor will handle all the required documentation for a fixed fee.
Read more:
Transfer of equity Stamp Duty calculator
Get a transfer of equity conveyancing quote
How much are conveyancing fees in Hackney?
Conveyancing quotes often include costs that might be new to many:
Legal fees
These fees are what your solicitor charges you for the tasks they complete for you. The conveyancing quote will set out the legal fees (inc. VAT) that you'll pay when your transaction completes.
Disbursements
Disbursements are the payments incurred by your solicitor during the conveyancing process. Third-party disbursements include Local authority searches, Stamp Duty or a mining search.
Is it a fixed fee quote?
Beware of extra fees, when you compare conveyancing quotes. Some firms may set out extra costs in their terms and conditions, resulting in a final bill that is higher than the original quote.
