Conveyancing in North London
When you buy, sell or remortgage a property, a solicitor or licensed conveyancer will handle the legal work. If you need a solicitor for conveyancing in North London, we can help you with fast & proactive conveyancing from a national panel of conveyancing specialists.
We have helped North London 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.
Buying property in North London
A part of the capital city, North London is home to iconic locations such as Camden Market, Emirates Stadium, and Alexandra Palace.
Council Tax in North London (2023/24)
North London is in London Borough of Wandsworth.
Band | Amount |
---|---|
A | £614.21 |
B | £716.57 |
C | £818.94 |
D | £921.31 |
E | £1,126.05 |
F | £1,330.78 |
G | £1,535.52 |
H | £1,842.62 |
What do conveyancing solicitors do?
The conveyancer will handle all the legal elements of transferring ownership from the seller to the buyer. The solicitor will raise questions for the seller, order property searches, review the contract of sale, and complete any post-sale actions, such as HMLR registration.
In addition to standard searches, North London conveyancing solicitors would also undertake checks for leasehold complexities, including short and defective leases.
Are you buying with a mortgage?
As part of the conveyancing process, your solicitor also has to handle legal due diligence on behalf of the bank arranging your mortgage.
If your lawyer is not on your chosen lender's panel, your purchase could take significantly longer to complete and cost you more in the process.
Over 100 banks and building societies have approved our chosen panel lawyers, so we can help you complete your North London transaction without delay.
Read more:
Conveyancing for buying a property
Find out if our panel solicitors can act for your mortgage lender
We can also assist North London home movers with the legal work for:
When you buy a property in a conservation area, your conveyancer will need to check for covenants and restrictions, which could include parking issues, and noise level restrictions. Conservation areas in North London and across the London local authority include Bank, Guildhall, Laurence Pountney Hill and Newgate Street.Conservation areas
When you buy a share in a property from a not-for-profit housing association, you will need shared ownership conveyancing. Shared ownership conveyancing is more complex than buying a home outright. If you need conveyancing to purchase a shared ownership property, or for staircasing, our panel solicitors can assist you with every aspect of the purchase process.Shared Ownership Conveyancing
New Build Conveyancing
The legal work for purchasing a new build in North London is more complicated than buying an existing property.
A property lawyer in North London must be able to deal with things like dealing with fast exchange timeframes, negotiating new build contracts and registering ownership with warranty providers, including NHBC Buildmark, Advantage and Foundation.
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Leasehold property
Buying a leasehold property in the UK requires a number of extra steps when compared to buying a freehold. The many potential problems awaiting an uninformed buyer can include legally technical issues like unreasonable managing agent fees and excessive freehold premiums.
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
Should I be wary of buying a leasehold house?
Should I buy a property with a short lease?
Selling property in North London
For the sale of a house or flat in North London, your conveyancing solicitor will compile key documents, including the title deeds and ID forms, and help you fill out this paperwork.
The lawyer's duties entail answering the buyer's solicitor's questions and overcoming hurdles such as restrictive covenants.
By taking action to work with both sides, like agents, lenders and landlords, your conveyancing solicitor will help make sure your sale of your home is completed successfully.
Is there anything to be aware of if selling a leasehold property in North London?
The legal work for a leasehold flat or house is a great deal more difficult compared to a freehold house.
The complex nature of leasehold property means that conveyancing solicitors in North London must carry out additional tasks, for example getting the latest service charge and ground rent statement, through to details of historical insurance claims.
To help mitigate the delays involved in selling a leasehold house or flat, It is strongly advised that the seller instruct a solicitor as early as possible.
Conveyancing for selling a property
Remortgage in North London
The Bank of England's current base rate is 5.25% (12 October, 2024)
Before you instruct, you should confirm that your conveyancing solicitor is able to act for your mortgage lender.
We work with remortgage solicitors who are members of all major lenders' panels. Whether you are changing to a 2-year fixed rate with Virgin Money or taking out an interest only mortgage from Aldermore Bank, we can help your remortgage complete quickly.
Read more:
Check our panel solicitors can act for your lender
Get a remortgage conveyancing quote
Transfer of equity
If you are looking to make changes to the ownership of a property, whether you are taking over the share of another owner, transferring the ownership of a property (in part or in full) to your children or inheritance tax (IHT) planning, you'll need to carry out a transfer of equity. Your legal representative will quickly and efficiently complete the legal work for a fixed fee.
Read more:
Transfer of equity Stamp Duty calculator
Get a transfer of equity conveyancing quote
What are typical North London conveyancing fees?
Conveyancing fees
Conveyancing fees are paid to your solicitor or conveyancer for the tasks they complete. The conveyancing quote will detail the fees for the legal work, including VAT, that you'll pay when your transaction completes.
Conveyancing disbursements
The conveyancing quote should also include any disbursements, which are third-party costs, including Stamp Duty Land Tax (SDLT), HM Land Registry fees and property searches.
Check for hidden costs
Some solicitors' quotes may include additional charges in the small print. This can lead to a total cost that's much higher than the initial quote. Beware of hidden charges not mentioned in the initial conveyancing quote, when comparing quotes.