Conveyancing in Redbridge
Conveyancing is the legal process of transferring a property from one person to another or the process of securing a mortgage. If you're looking for a conveyancing solicitor in Redbridge, you're in the right place. Get a fast & proactive solicitor from a nationwide panel of conveyancing experts.
We have years of experience helping homemovers in Redbridge and throughout Essex 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, West London and London
Buying property in Redbridge
The London Borough of Redbridge, which includes Ilford, Woodford and Wanstead has the best levels of life satisfaction in the capital according to ONS data. A great sense of community, excellent schools, green spaces and parks, help to make Redbridge borough a good place to live.
There are great transport links into Central London, with the planned arrival of Crossrail in December 2019, attracting new residents to Ilford in particular.
Family house prices range from in excess of £800,000 in Wanstead Flats to a more affordable £450,000 in the bustling, friendly Gants Hill and Seven Kings areas.
Council Tax in Redbridge (2023/24)
| Band | Amount |
|---|---|
| A | £1,317.17 |
| B | £1,536.69 |
| C | £1,756.22 |
| D | £1,975.75 |
| E | £2,414.81 |
| F | £2,853.86 |
| G | £3,292.92 |
| H | £3,951.50 |
What do Redbridge conveyancing solicitors do?
A solicitor will take care of the technical side of transferring ownership from the seller to the buyer. The solicitor will perform required due diligence, such as obtaining searches from relevant authorities, such as Redbridge Council, raising questions for the seller's solicitor and handling the transfer of funds.
Redbridge conveyancing solicitors may also carry out checks for leasehold issues, such as excessive service charges and ground rents.
Buying a home with a mortgage?
During the conveyancing process, your solicitor must also complete the legal work on behalf of your mortgage lender. If your property lawyer is not on your bank's panel, your purchase could take significantly longer to complete.
More than 100 building societies, banks and lenders have approved our chosen panel lawyers. We can help you complete your Redbridge 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 Redbridge home movers with conveyancing for:
Roughly half a million listed buildings exist across the country - around 140 of which are in London Borough of Redbridge. Listed buildings in and near to Redbridge include: Owning a listed building brings its own set of challenges. Our experienced panel of solicitors will discuss with you the additional legal obligations your planned listed building purchase will entail. Examples include a duty to maintain the exterior appearance, and required consent for landscaping. Read more:Buying a listed building
Buying a property through a shared ownership scheme will involve acquiring a share in a property from a housing association. Shared ownership conveyancing is more complex, as all properties are leasehold and mortgage lenders' apply stricter criteria. With years of experience, our panel of specialist property lawyers will assist you with every step of the process.Shared Ownership
4.8 out of 5
When we factored in eveything that was included - this was the best quote we could find
Selling a property in Redbridge
When selling a home in Redbridge, the solicitor will arrange all the necessary documentation, including the TA6 and TA10 property information forms and the sale contract. Duties include answering the buyer's solicitor's enquiries, sorting out potential snags and taking charge of the mortgage redemption.
Your solicitor will also work with both sides, like agents, lenders and landlords, to help ensure the sale completes without delay.
What do I need to know if selling a leasehold property in Redbridge?
The conveyancing process for a leasehold flat is much more protracted in comparison with a freehold house.
Leasehold complexity involves additional tasks on the part of conveyancing solicitors in Redbridge, including collating all relevant freeholder information, through to a copy of the service charge budget for the current year.
To help mitigate the delays involved in selling a leasehold property, It is highly recommended that you instruct a conveyancer as early in the process as possible, and potentially before marketing the property.
Conveyancing for selling a property
Remortgage conveyancing in Redbridge
Latest Bank of England base rate now at 5.25% (12 October, 2024)
You should check the solicitor that you want to handle your remortgage is approved by your lender before you instruct.
We work with solicitors who are panel members for all major mortgage lenders, so whether you are switching to a discount mortgage from Virgin Money or moving to a capped mortgage with Coventry Building Society, our panel solicitors will make the process as simple and stress-free as possible.
Read more:
Find out if our panel solicitors can act for your mortgage lender
Get a remortgage conveyancing quote
Transferring Equity
If you are planning to restructure the ownership of your home, whether you are inheritance tax (IHT) planning, buying out a co-owner or gifting a share of a property, you will need to transfer equity. Your legal representative will complete the legal work for a guaranteed fixed fee.
Read more:
Transfer of equity Stamp Duty calculator
Get a transfer of equity conveyancing quote
What are typical Redbridge conveyancing fees?
Conveyancing legal fees
The quote will detail the fees for the legal work, including VAT, that you pay when the property transaction is complete. These fees are what your conveyancing solicitor charges you for the legal services they provide during your transaction.
Disbursements (third party costs)
Disbursements are third-party expenses incurred during the purchase, sale or other conveyancing transaction. Third-party disbursements include Stamp Duty and Land Registry fees.
Check for hidden costs
When comparing quotes, watch out for undisclosed fees missing from the original quote. Some solicitors' quotes may set out extra costs in the small print, leading to a final bill that is higher than the original quote.
