The district of Chelsea is within the Royal Borough of Kensington and Chelsea and is one of the most exclusive areas of the capital. It lies north of the River Thames between Chelsea Bridge and Chelsea Harbour. Always a popular location for the wealthy Chelsea was once described as a village of palaces, with its main artery, the King's Road, once Charles II's private road from St James's Palace to Fulham.
Much of the property was built in the 19th century and is characterised by attractive red-brick terraces, mansion blocks, which surround pretty squares, and quiet mews houses tucked away from the busy main roads. Newer homes have been built close to the river.
Chelsea Conveyancing: FAQs
Our clients often have questions about buying or selling property in Chelsea, and about the conveyancing process in general. Here are some of the most commonly asked questions:
Buying property in Chelsea
How much Council Tax will I pay for a property in Royal Borough of Kensington & Chelsea in 2022?
Chelsea is situated in Royal Borough of Kensington & Chelsea. Council tax bands in 2022 are as follows:
|Band||Kensington and Chelsea Council Tax (2022/23)|
I'm purchasing a home in Chelsea which property searches will I require?
The search pack for a standard property includes:
- Regulated Local Authority Search
- Environmental Search
- Water search
- Chancel liability insurance (if required)
Sometimes the solicitor will recommend additional searches e.g. a commons registration search.
To work out the total cost of searches on a Chelsea property try our conveyancing calculator.
Selling property in Chelsea
I am selling a leasehold property in Chelsea - what do I need to know?
Conveyancing for a leasehold flat (houses are rarely leasehold) is a great deal more protracted than for a more straightforward freehold house.
The complexities of leasehold mean conveyancing solicitors in Chelsea must undertake extra work, for example collating all relevant freeholder information, through to a copy of the buildings insurance for the common parts.
To help mitigate the delays involved in selling a leasehold house or flat, It is recommended that the vendor contact a Chelsea conveyancing solicitor as soon as is practicable.
Remortgaging in Chelsea
I am remortgaging a property in Chelsea - do I need a solicitor?
Yes, you will need a remortgage conveyancing solicitor.
The base rate is now at 1.25% (June 2022). A proactive conveyancing solicitor in Chelsea could save you a few mortgage payments on your old rate by completing the conveyancing quickly.
Conveyancers can act for most UK lenders, so whether you are you are moving to a 95% mortgage with the NatWest or to a fixed-rate mortgage with the Manchester Building Society, our remortgage team can assist.
Transferring equity in Chelsea
I am transferring equity in a Chelsea property - do I need a solicitor?
A 'transfer of equity' will be necessary if the ownership of a residential property needs to be changed with at least one current owner remaining on the title. A transfer will also be required if the property is being gifted to a child or relative. The legal process of transferring equity differs from an outright purchase or sale. Your conveyancing solicitor can carry out the legal work on the transfer for an all-inclusive fixed fee. If you will also be remortgaging, the legal work for the remortgage can be completed at the same time as the transfer.
Comparing Conveyancing Quotes in Chelsea
What's the difference between fees and disbursements?
Legal fees, such as the shared ownership fee and buy-to-let fee, are paid to your solicitor or conveyancer for the work they do.
Disbursements are third-party costs, like Landlord's registration fee or bankruptcy search fee.
How much will my conveyancing legal fees be in 2022?
When you compare conveyancing quotes for your Chelsea home move, check the fine print for potential extra fees and costs. An online quote should reflect everything required for standard conveyancing. Potential hidden fees could add £100s to your final bill.
General Chelsea property lawyers FAQs
Are Chelsea conveyancing fees fixed?
Some conveyancing solicitors in Chelsea provide legal services on an hourly rate others work on a fixed fee.
Your expert solicitor will work on a fixed legal fee basis, with no unexpected 'add-ons'. Your quote will explain in detail what you will pay when your house purchase or sale goes through.
If, for any reason at all, your house purchase or sale does not go ahead, you have the peace of mind of a No Sale, No Fee guarantee.
How long does the conveyancing on a leasehold property take
Almost all flats are leasehold. Leasehold houses are less common, but there are still an estimated 1 million such properties across the country. The legal work for leasehold property can take weeks longer than a freehold property as more technical complexity exists.
Examples of delays might include anything from slow receipt of the managing agent information to an unreachable freeholder.
Quittance's team of leasehold specialists look after hundreds of leasehold clients every month. With specialist expertise there should be far fewer delays.
How we can help you
If you are buying, selling, remortgaging or transferring equity in a property in Chelsea and need an expert conveyancing solicitor, we can take care of the legal side of your move.
We work with a panel of specialist conveyancing solicitors to deliver a stress-free moving experience.
- No Move, No Fee Guarantee
- Fixed fee conveyancing service
- Chelsea experts
- CQS-accredited panel solicitors
All-inclusive quote from £384 inc VAT