Updated: October 12, 2018

Camberwell conveyancing solicitor fees and costs

No Move, No Fee conveyancing in Camberwell

Conveyancing solicitor fees will be paid conveyancing solicitors in Camberwell for carrying out the legal work for a property transaction.

How are Camberwell conveyancing fees calculated?

Some conveyancing solicitors in Camberwell will work on a cost per hour basis. Some conveyancers will complete the work for a fixed fee (or 'No Move, No Fee'). Our conveyancers work on a No Sale, No Fee basis, with no hidden extras. Your quote will explain exactly what you will need to pay when your sale or purchase goes through.

Are there any other costs?

In addition to the solicitor's conveyancing fees you will also have to pay for 'disbursements'.

Disbursements are fees, costs or taxes the conveyancing solicitor will have to pay to other organisations as part of the house-buying and selling process, such as Stamp Duty Land Tax (SDLT) or managing agent information.

See: A guide to conveyancing fees, costs and disbursements

How much will the total conveyancing fees in Camberwell cost?

Camberwell conveyancing solicitor fees will be the same as anywhere else in the UK. However, the costs of certain disbursements can vary. As examples, Local Authority Search fees can vary and specific extra searches, e.g. a historic mining search, may be necessary.

With Quittance Conveyancing, there are absolutely no hidden costs. For a standard sale or purchase, the conveyancing fee we quote is the fee you pay. Calculate the conveyancing fees for your move, with our conveyancing fees calculator: Click here

Quittance delivered an excellent service at the lowest conveyancing fees we could find

Conveyancing - Buying a property in Camberwell

Camberwell falls within the South London borough of Southwark and includes some of London's best-preserved Georgian property. The recently redeveloped Camberwell Green sits at the area's centre, and in the surrounding streets old industrial sites are being renovated and replaced by modern flats.

The most popular areas include Camberwell Grove, Grove Lane and Grove Park, but up-and-coming areas such as the Georgian houses in Camberwell New Road and the roads adjacent to Southampton Way also offer great value.

Conveyancing for purchasers

Recent changes to the law mean that a seller must now disclose issues concerning their property to their estate agent and to the purchaser.

It is, however, still the duty of a Camberwell conveyancing solicitor to carry out due diligence on the property, deliver their report on title to the purchaser, assist in resolving any issues and ensure that the full legal ownership is transferred.

This part of the article provides advice for people who need conveyancing solicitors in Camberwell for a purchase.

Your Camberwell conveyancing solicitor must be lender-approved

There are a wide range of mortgage providers, from a less common mortgage lender like Hampden & Co, to a large lender such as Halifax. Before you instruct a Camberwell conveyancing solicitor, whoever you choose, it is very important that you make sure that they can act in the interests of your mortgage lender.

The majority of mortgage lenders only accept a restricted panel of solicitors or licensed conveyancers that have achieved certain benchmarks. If your conveyancer is not on the panel of your mortgage lender, the lender will likely require an alternative legal firm to act in their interests.

The buyer will usually need to pay this alternative lawyer's fees and significant delays to your move could occur.

Delays can occur if you fail to check your conveyancer's lender panel status.

Quittance Conveyancing are approved to act for all banks and building societies.

Property Searches (Southwark Borough Council)

Searches are submitted by Camberwell conveyancing solicitors to expose any broader issues that might possibly have an impact on how much your property is worth. They include:

  • Local Authority search - contains information about the property and surrounding area held by Southwark Borough Council
  • Drainage & Water search - identifies the location of sewers and water mains, and will confirm whether these are maintained by the local council.
  • Environmental search - environmental issues that could adversely affect the property
  • Chancel repair liability - describes the insurance to protect against any liability to the local parish for repairs.

Further searches, such as an HS2 search or a mining search, may also be recommended following the initial searches.

The London Borough of Southwark has an approximate turnaround time of 6 weeks for property searches, so it will be worth using a faster private search company.

Ensuring planning permission is in place

Official Entries will also be sourced from HMLR by the purchaser's conveyancing solicitor, assisting with the identification of any potential issues, for example restrictions that limit alterations or discrepancies with the filed plan.

London Borough of Southwark Council Tax

London Borough of Southwark calculate your council tax based on various criteria e.g. the size and character of the home and the property's value as at 1 April 1991. For instance for an average Band C property in Camberwell, the tax would be £1,182.

Conveyancing solicitors in Camberwell will inform the buyer of the property's tax band as soon as they are made aware.

If the property is unoccupied for 2 years or more, an additional premium of 50% may be applied to the council tax. Single person discount (25%) would reduce the tax due to £886.

Other discounts and exemptions could also apply, for example if the property is uninhabited (for the first 60 days) or if the property is occupied by someone who is seriously mentally impaired. A property constructed after 1991 is assessed and given a banding by the Valuation Office Agency (VOA).

Band London Borough of Southwark Tax (2018)
A £886
B £1,034
C £1,182
D £1,330
E £1,625
F £1,920
G £2,216
H £2,659

Can I challenge the council tax banding?

Owners can ask for their property to be reassessed. A refund may be due if the property is awarded a lower band. Contact the VOA for more information on how to challenge your tax band:

Valuation Office Agency
Wingate House
93-107 Shaftesbury Avenue
London
W1D 5BU

Stamp Duty on Camberwell properties

The threshold for stamp duty for a property is £125,000. Given the complexity of the SDLT1 tax return form, only an experienced conveyancer would attempt to complete and file this with HMRC without a conveyancing solicitor's help.

Penalties for errors or late filing of the SDLT1 form can be as high as 30%. Quittance use case management software to ensure that SDLT is paid immediately after completion.

This table sets out Stamp Duty Land Tax for typical property in London:

  Average selling price (2018 to date) Stamp Duty Land Tax
Average price £880,307 £34,015.35
Average price (detached) £711,410 £25,570.50
Average new build £449,784 £12,489.20

Stamp duty relief for first-time buyers in Camberwell

Since Nov 2017, first-time buyers only need to pay stamp duty on homes valued over £300,000. Following a change in April 2016, a stamp duty surcharge of 3% is applied for purchases of additional property. For example, if a property owner bought a second home in Camberwell for the average price of £880,307 the SDLT would be £70,424.56.

Camberwell conveyancing solicitors should confirm their client pays the correct amount.

Buying a flat? Leasehold conveyancing in Camberwell

New build site

The drawbacks of buying a leasehold property in the UK are generally well known. Unreasonable ground rents, sinking fund issues and restrictions on the use of the property are among the many potential difficulties awaiting an uninformed buyer.

Serious financial ramifications can result from an inexperienced conveyancing solicitor's inaccurate leasehold advice.

If you are planning to purchase a property with a lease, a competent conveyancing solicitor in Camberwell will investigate aspects of the leasehold purchase, including understanding regional and era-specific nuances of leases, reviewing correspondence between the freeholder and leaseholder and service charges.

Ensure that you are fully-informed regarding your planned purchase - Speak to Quittance Conveyancing's specialist leasehold conveyancing solicitors on 0800 612 0377.

Buying a 'New Build' property in Camberwell?

House under construction

The average purchase price of Camberwell new builds is £449,784, according to local information gathered by the Land Registry. 450 new builds have been bought in Camberwell in 2018 so far.

The legal work for acquiring a new build property can be more involved than any other type of conveyancing. Therefore a conveyancing solicitor in Camberwell must be mindful of local Camberwell factors and needs to check a range of issues, including handling the uncertainties of buying off plan and confirming rights to use pipes and cables (e.g. phone, data, fibre, electricity).

Our new build conveyancing department will provide an independent assessment of the property's legal status, scrutinising contract concerns like the home's subsequent marketability and excessive ground rent and service charges (where applicable).

Conservation areas

If you are purchasing a house in a conservation area in Camberwell, the property must be compliant with any local conservation area restrictions. These conditions could include anything from restrictions on joinery colour choices, to restrictions on the style and height of boundary walls.

The new owner could be ordered to pay for necessary changes to bring a property in line with current regulations, even if the previous owner carried out the alterations.

Your Quittance conveyancing solicitor will confirm if the property you are purchasing is located in a conservation area in Camberwell.

Conveyancing - Selling a property in Camberwell

The legal process for a sale of a house or flat is less difficult than when purchasing. When a house or flat changes hands, the principle of 'buyer beware' means that the onus lies entirely with the buyer to establish that the home they are buying is mortgageable and is (or can be) registered at the Land Registry.

In contrast, for a sale, conveyancing solicitors in Camberwell acting for the existing owner need only respond to the buyer's solicitor's formal enquiries.

What factors could threaten your sale?

Obstacles, such as having right or way issues (such as being landlocked) or a historical dispute with a freeholder, might slow or frustrate the sale process if ignored.

Don't put off finding a solution, waiting to see if the problem is discovered. The best course of action is to get professional advice and work to resolve it as soon as you can.

Useful reading:

Read more conveyancing advice for sellers.

Sale conveyancing for a leasehold property

The legal work for a leasehold property is quite a lot more time-consuming than for a freehold property.

Camberwell conveyancing solicitors will also perform extra work. This can involve asking for the most recent annual service charge accounts, through to details of any disputes with the current leaseholder.

To reduce delays, it is highly recommended that you instruct a property lawyer with leasehold experience as soon as the property is marketed, if not before,.

Can Quittance conveyancers act for the buyer and the seller of the same house?

Conveyancers regulated by the CLC can act for both the buyer and the seller. However, Solicitors Regulation Authority rules restrict the same conveyancing solicitor from working on behalf of both sides in a property sale.

You can contact a property solicitor firm in Camberwell to handle your legal work, if one of our conveyancing solicitors is carrying out the legal work for the other side.

Local Camberwell conveyancing solicitor directory

  • Aminu Aminu Solicitors, Unit 252, Camberwell Business Centre, Lomond Grove, London, SE5 7HN
  • Cambrose & Partners Limited, Unit 210, Camberwell Business Centre, 99 - 103 Lomond Grove, Camberwell, London, SE5 7HN
  • EBR Attridge LLP, 3m2 Camberwell Business Centre, 99-103 Lomond Grove, Camberwell, London, London, SE5 7HN
  • Jf Law Solicitors, Suite 150, Camberwell Business Centre, 99-103 Lomond Grove, Camberwell Green, London, London, SE5 7HN
  • Venters Solicitors, 213 Camberwell Road, London, Greater London, SE5 0HG

Conveyancing - Remortgaging a property in Camberwell

Whilst there are many reasons to consider remortgaging, people will generally remortgage their home to save money with a lower rate.

A good conveyancing solicitor in Camberwell can reduce the remortgage processing time, perhaps saving you from a payment or two at your old rate. With rate rises hard to predict, fast conveyancing can be a crucial factor in getting on to the rate you want.

A property lawyer will act for both you and the mortgage lender to certify the lender's new interest is correctly registered and the parties' interests are protected.

Gaynor Haliday, Legal researcher

About the author

Gaynor Haliday is an experienced legal researcher and published author. She has had numerous articles published in the press and is a legal industry commentator.

Read more about this Quittance Legal Expert

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