Conveyancing in Wallington
Conveyancing involves all the legal aspects of transferring the ownership of a property from a seller to a buyer, handling a remortgage, or transferring equity. If you need a solicitor for conveyancing in Wallington, we can help you with fast & proactive conveyancing from a national panel of conveyancing specialists.
We have helped clients in Wallington and throughout Sutton 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: Croydon, South London and London
Buying property in Wallington
A town in south London, Wallington is known for its range of shops, beautiful parks, and excellent schools. The town offers a balance of urban convenience and suburban comfort.
Wallington railway station provides services to Central London, making it a popular area for commuters. The town has a population of approximately 20,000.
Council Tax in Wallington (2023/24)
Wallington is in London Borough of Sutton.
| Band | Amount |
|---|---|
| A | £1,365.59 |
| B | £1,593.18 |
| C | £1,820.78 |
| D | £2,048.38 |
| E | £2,503.58 |
| F | £2,958.77 |
| G | £3,413.97 |
| H | £4,096.76 |
What do Wallington conveyancing solicitors do?
For a house or flat purchase, a property lawyer will handle the legal aspects of a home purchase. This means performing due diligence on the property purchase, like applying for searches from local authorities (e.g. Sutton Council), raising questions about how the seller has used the property and reviewing contracts of sale.
In addition to standard searches, Wallington conveyancing solicitors may undertake checks for leasehold complexities, including short and defective leases.
Buying a home with a mortgage?
During the conveyancing process, your solicitor must also complete the legal work on behalf of the bank arranging your mortgage.
If your lawyer isn't accepted on your lender's panel, it may take many weeks longer to complete the purchase.
More than 100 building societies, banks and lenders have approved our chosen panel lawyers. We can help you complete your Wallington transaction smoothly.
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 also help Wallington buyers with conveyancing for:
Somewhere in the region of half a million listed buildings exist in England and Wales - around 190 of which are in London Borough of Sutton. Listed buildings in and around Wallington include: Buying and owning a listed building is not for the faint-hearted. Our specialist panel of property solicitors will offer guidance on the commitments a listed building owner must make. Examples include consent for additions like solar panels, and an obligation to protect significant internal features like fireplaces. Read more:Listed buildings
You will need shared ownership conveyancing, when you buy a share in a property from a registered provider of social housing. Purchasing a shared ownership home can be more involved than buying your house or flat outright. Our specialist panel of property lawyers has extensive experience handling shared ownership conveyancing and staircasing.Shared Ownership
Leasehold flats
Purchasing a leasehold flat in the UK can be complex when compared to purchasing a freehold. The many potential traps awaiting the unsuspecting buyer can include legally technical issues like sinking fund issues and freeholds sold without first refusal to leaseholders.
Your conveyancing 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?
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When we factored in eveything that was included - this was the best quote we could find
Selling a house or flat in Wallington
The sale of homes in Wallington will require your lawyer to first assemble all essential documents, including assorted property information forms and the sale contract.
Duties include answering the buyer's solicitor's questions and resolving any potential issues.
Your solicitor will also work with all parties, including agents, lenders and landlords, ensuring that the transfer of ownership completes quickly.What do I need to know if selling a leasehold property in Wallington?
The legal work for a leasehold property is significantly more complex than for a more straightforward freehold house.
The complexities of leasehold mean conveyancing solicitors in Wallington will usually undertake extra work. This can involve obtaining the latest service charge and ground rent statement, through to a copy of the insurance policy.
To reduce leasehold-related delays, It is strongly advised that the seller instruct a Wallington conveyancing solicitor as soon as the property is marketed, if not before.
Conveyancing for selling a property
Remortgage conveyancing in Wallington
The official base rate is 5.25% (12 October, 2024)
Double check your conveyancing solicitor is on your chosen lender's panel before you instruct.
Our partner panel solicitors can work on behalf of almost all banks and building societies, so whether you are changing to a fixed rate mortgage with Yorkshire Building Society or moving to a flexible mortgage with Aviva, we can help.
Read more:
Find out if our panel solicitors can act for your lender
Get a remortgage conveyancing quote
Transferring Equity in Wallington
Whether you are inheritance tax planning, buying out the equity of a joint owner or transferring the ownership of your property to a child, you'll need a transfer of equity specialist. Your conveyancer will complete the process for a guaranteed fixed fee.
Read more:
Transfer of equity Stamp Duty calculator
Get a transfer of equity conveyancing quote
How much does conveyancing cost in Wallington?
Conveyancing fees
The conveyancing quote should clearly detail the legal fees, including VAT, that you pay when the property transaction is complete. These fees are paid to your solicitor or conveyancer for the work they complete on your behalf.
Disbursements
The quote will include necessary third-party costs, called disbursements, including Stamp Duty and Land Registry fees.
Check the T's & C's
When you compare conveyancing quotes, beware of hidden charges not mentioned in the initial conveyancing quote. Some solicitors' quotes include additional fees in the small print, leading to an inflated final bill.
