Conveyancing in Newham
Conveyancing is the legal process of buying and selling a property, involving the work a solicitor does to investigate the property, handle mortgage requirements and register the new owner. If you need a solicitor for conveyancing in Newham, we can help you with fast & proactive conveyancing from a national panel of conveyancing specialists.
We have helped Newham and London clients 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: Barnet, Croydon, Edmonton, West London and London
Buying property in Newham
Created by merging the former Essex county boroughs of East and West Ham, the London Borough of Newham lies 8 km east of the City of London. The major centre within the borough is Stratford, which received major investment prior to the London Olympics in 2012.
Stratford is now East London's primary retail, cultural and leisure centre, with the Queen Elizabeth Olympic Park including the London stadium and London Aquatic Centre as well as parklands, waterways, playgrounds and cafes.
Newham has also become the second most significant business location (after Canary Wharf) in the east of the capital. Ongoing regeneration will ensure the area continues to thrive.
Council Tax in Newham (2023/24)
Band | Amount |
---|---|
A | £1,085.02 |
B | £1,265.86 |
C | £1,446.69 |
D | £1,627.53 |
E | £1,989.20 |
F | £2,350.88 |
G | £2,712.55 |
H | £3,255.06 |
What does a property lawyer do?
A conveyancer or solicitor assists you with the legal aspect of buying a property. Your lawyer will order searches, raise questions for the seller, review contracts and take care of tasks after the sale, like HMLR registration and paying Stamp Duty Land Tax.
In addition to standard searches, Newham conveyancing solicitors may also undertake checks for leasehold issues, such as excessive service charges and ground rents.
Purchasing with a mortgage?
Whether you are buying a property to rent out or buying a leasehold flat, your solicitor must also complete legal work for the bank arranging your mortgage.
Being a member of a lender's panel means your solicitor can represent the interests of your chosen mortgage provider.
More than 100 banks and specialist lenders have approved our chosen panel lawyers. We can help you complete your Newham transaction smoothly.
Read more:
Conveyancing for buying a property
Find out if our panel solicitors can act for your mortgage lender
We have also helped home movers in Newham with the legal work for:
When you purchase a property in a Newham conservation area, your solicitor or licensed conveyancer will need to check for covenants and restrictions, including street appearance restrictions, and tree preservation orders (TPOs). Conservation areas in Newham and across the London local authority include Laurence Pountney Hill, Bow Lane and Guildhall.Conservation areas
Roughly half a million listed properties exist across the country - around 130 of which are in London Borough of Newham. Listed buildings in and around Newham include: Listed buildings come with complex rules that the owner must adhere to. Our specialist panel of property solicitors will explain to you the legal duties your ownership will impose. Examples include regular upkeep, consent for additions like solar panels and a restriction on installing double glazing or modern door designs. Read more:Listed buildings
Shared ownership means buying only a share in the property from a registered provider of social housing. Buying a shared ownership property is more complex than buying a home outright. Our expert solicitor panel has years of experience with shared ownership conveyancing and staircasing.Buying a Shared Ownership property
Leasehold flats
Purchasing a leasehold house or flat can be complex. The numerous common problems awaiting the unsuspecting buyer can include legally technical issues like incomplete management company accounts 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
Selling property in Newham
For the sale of property in Newham, your conveyancer will assemble all essential documents, including assorted property information forms and the sale contract.
The conveyancer's role involves addressing snags like a dispute with the freeholder, responding to the buyer's solicitor's questions and taking charge of the mortgage redemption.
Your lawyer will liaise with key parties, like agents, managing agents and lenders, to confirm that the sale completes quickly.
I am selling a leasehold property in Newham - what do I need to know?
The conveyancing process for a leasehold property is a great deal more difficult than it is for a freehold home.
Leasehold complexity involves additional tasks on the part of conveyancing solicitors in Newham, such as collating an up-to-date service charge statement, through to details of planned major works.
To reduce leasehold-related delays, It is highly recommended that the vendor contact a conveyancer as soon as the property is marketed, if not before.
Conveyancing for selling a property
Remortgage conveyancing in Newham
The Bank of England's current base rate is 5.25% (22 January, 2025)
Don't forget to check your remortgage solicitor's lender panel membership before you instruct.
Our remortgage panel solicitors can work with 99% of all building societies and banks, so whether you are changing to a 5-year fixed rate with Metro Bank or moving to a home reversion mortgage with Accord, we can help take care of the legal side.
Read more:
Check our panel solicitors can act for your lender
Get a remortgage conveyancing quote
Newham Transfer of equity
If you intend to restructure the ownership of your home, whether you are resolving joint ownership, gifting a share of a property or estate planning, you'll need to carry out a transfer of equity. 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
Conveyancing costs in Newham: What to expect
Don't be surprised if some of the costs listed on a conveyancing quote seem unfamiliar.
Conveyancing solicitors fees
These fees are what your conveyancer charges you for the tasks they complete. The conveyancing quote should clearly detail the legal fees, including VAT, that you pay when the property transaction is complete.
Disbursements
A disbursement is a cost that your conveyancer must pay to a third party for a tax or additional service. Third-party disbursements include Stamp Duty and property searches.
Check what's included in your quote
Double-check for additional fees or charges, if you are comparing conveyancing quotes. Some firms include additional fees in the small print, resulting in a final bill that is higher than the original quote.