Conveyancing in Lambeth
Conveyancing is the legal process of transferring ownership of property from one person to another, including the preparation and execution of the legal documents, and the registration of the new ownership. If you need a solicitor for conveyancing in Lambeth, we can help you with fast & proactive conveyancing from a national panel of conveyancing specialists.
We have years of experience helping homemovers in Lambeth 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.
Other areas covered: Barnet, Croydon, Edmonton, South East London and London
Buying property in Lambeth
A borough in South London, Lambeth is known for its Lambeth Palace, South Bank cultural hub, and the nearby London Eye. Lambeth is well-served by the London Underground, providing links to central London. Lambeth has a population of approximately 320,000.
Council Tax in Lambeth (2023/24)
Band | Amount |
---|---|
A | £1,174.60 |
B | £1,370.37 |
C | £1,566.13 |
D | £1,761.90 |
E | £2,153.43 |
F | £2,544.97 |
G | £2,936.50 |
H | £3,523.80 |
What do conveyancing solicitors do?
A conveyancer plays a key role after an offer has been accepted, and steers the buyer through the legal aspects of buying a property. Your lawyer will raise enquires of the seller's solicitor, order searches, review the lease (if applicable) and take care of tasks after the sale, such as registering the property ownership with the Land Registry and paying SDLT.
Further to the standard checks and searches, Lambeth conveyancing solicitors may also undertake checks for issues related to flats, such as spiralling ground rents.
Buying a home with a mortgage?
When you purchase a property, your solicitor must also handle some legal work for your mortgage bank.
Lender panel approval means your solicitor can act for your mortgage provider.
Our chosen panel lawyers have established relationships with the majority of building societies, banks and lenders, including Co-operative Bank, NRAM and Coventry Building Society, helping to ensure your transaction completes faster.
Read more:
Conveyancing for buying a property
Find out if our panel solicitors can act for your mortgage lender
We can assist buyers in Lambeth with conveyancing for:
When buying a property in a conservation area, your conveyancer will check for covenants and restrictions, including rights of way, and restrictions on property usage. Conservation areas in Lambeth and across the London local authority include St Helen's Place, Eastcheap, St Paul's Cathedral, Laurence Pountney Hill and Foster Lane.Conservation areas
Roughly 500,000 listed buildings exist in England and Wales - around 960 of which are in London Borough of Lambeth. Lambeth listed buildings include: Owning a listed building can be a challenge for the unwary. Examples of the duties that listed building owners face include maintenance of historic features, and consent for any alterations that might change the character of the property. Our specialist panel of solicitors will help you understand the obligations imposed by listed property ownership. Read more:Listed buildings
Shared ownership conveyancing is the service you will need, when you buy a share in a property from a housing association. Shared ownership conveyancing is more complex, as all properties are leasehold. With years of experience, our panel of solicitors will assist you with every step of the process.Shared Ownership Conveyancing
Selling property in Lambeth
For the sale of a Lambeth house or flat, your conveyancing solicitor will arrange all the necessary documentation, including the draft contract and property information forms.
The solicitor will reply to the buyer's solicitor's inquiries and address potential issues.In order to facilitate a faster completion, your lawyer will also communicate effectively with all parties, such as estate agents and banks or building societies.
Is there anything to be aware of if selling a leasehold property in Lambeth?
The legal work for a leasehold flat or house is significantly more specialised than it is for a freehold home.
The complexities of leasehold mean conveyancing solicitors in Lambeth will need to conduct additional legal work, and this could include collating the latest service charge and ground rent statement, through to a copy of the service charge budget for the current year.
In order to resolve any leasehold issues faster, It is highly recommended that you instruct a conveyancer as soon as possible, and ideally before marketing the property.
Conveyancing for selling a property
Remortgaging a property in Lambeth
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 lender's behalf.
Our remortgage panel solicitors are on the legal panels of over 100 mortgage lenders, so whether you are switching to an offset mortgage from Halifax or moving to a buy to let mortgage with Aldermore Bank, our panel solicitors will make the process as simple and stress-free as possible.
Read more:
Check our panel solicitors can act for your mortgage lender
Get a remortgage conveyancing quote
Transfer of equity
If you plan to restructure the ownership of your home, whether you are transferring the ownership of your home to your daughter, son or other family member, buying out a co-owner or estate planning, a transfer of equity is required.
Your legal representative will complete the process for a low, fixed fee.
Read more:
Transfer of equity Stamp Duty calculator
Get a transfer of equity conveyancing quote
How much are solicitors' conveyancing fees in Lambeth?
Getting a conveyancing quote is simple - but knowing what the quote does and does not include can be tricky.
Conveyancing legal fees
Your solicitor's quote will detail the fees for the legal work, including VAT, that you pay when the property transaction is complete. These legal fees are paid to your lawyer for the work they carry out for you.
Disbursements
The conveyancing quote should also include any disbursements, which are third-party costs, including Local authority searches, Stamp Duty or a British waterways search.
Read the terms and conditions
Some solicitors' quotes list extra charges in their terms and conditions. This can mean a final bill that is higher than the original quote. If you are comparing quotes, make sure you question any charges not set out in your initial quote.