Clapham conveyancing FAQs
How much Council Tax will I pay for a property in London Borough of Lambeth?
Clapham is situated in London Borough of Lambeth. Council tax bands are as follows:
|Band||London Borough of Lambeth Council Tax (2018/19)|
How much stamp duty will I have to pay?
Read more about stamp duty:
How much are conveyancing fees for buying or selling a home in Clapham?
Conveyancing fees are made up of 2 parts: the solicitor's legal and disbursements.
Disbursements are the taxes and additional costs paid out on your behalf, e.g. HMLR fees or leasehold management packs. Legal fees are for the work our solicitors carry out for you.
Our fees for buying or selling a house in Clapham are fixed, which means that what we quote is what you pay
Calculate the conveyancing fees for your Clapham sale or purchase
Our conveyancing fees calculator gives an instant conveyancing quote with a detailed breakdown of all fees, costs and disbursements for your Clapham sale or purchase.
I'm purchasing a home in Clapham - what searches do I need?
The standard pack includes:
- Official or Regulated Local Authority Search
- Environmental Search
- Drainage and Water Search
- Chancel liability insurance (if required)
Sometimes the results of the standard searches will necessitate specialist searches e.g. an HS2 search.
To work out the total cost of searches on a Clapham property use our online conveyancing costs calculator.
How long does leasehold conveyancing take?
Over 90% of flats in the UK are leasehold. Although much less common, there are also around 1 million leasehold houses nationwide. The conveyancing for leasehold property can take weeks longer than a freehold house because leasehold transactions involve more work and more technical complexity exists.
Examples of delays might include anything from missing leasehold documents to an unresponsive landlord.
Our specialist leasehold solicitor team handle hundreds of leasehold transactions a month, and our proactive approach can mean faster conveyancing.
Does a leasehold property take longer to sell?
Yes, it can take much more time to carry out the conveyancing on a leasehold home, compared to freehold conveyancing.
The buyer's conveyancer will expect to see several leasehold-related documents, including a copy of the freehold property's buildings insurance. Delays are usually caused by the time required by your lawyer to get these documents together.
It can take a long time to gather the managing agent's information if it is difficult to contact the landlord or managing agent or they are slow to respond, so your conveyancing solicitor should commence this before a buyer has even been found.
I am buying a new build property in Clapham - what do I need to know?
The legal work for purchasing a new build home in Clapham is more complicated than buying an existing property.
A conveyancing solicitor in Clapham must be able to deal with things like checking the suitability of new build insurance, ensuring new estate roads are adopted and checking new build warranties with warranty providers, including NHBC Buildmark, Advantage HCI and Global Home Warranties.
Our award-winning team of new build conveyancers are well versed in working with buyers towards a successful transaction and working to tight developer deadlines.
Will I need a conveyancing solicitor if I am remortgaging my Clapham property?
Yes you will need a solicitor to handle the legal side of the remortgage.
The official UK base rate is currently set at 0.75% (Feb 2019). A good Clapham remortgage solicitor can get you onto your new rate as quickly as possible.
Our property lawyers are on the panel for all major lenders, so no matter whether you are moving to a 100% mortgage with RBS or to a fixed-rate mortgage with the Buckinghamshire Building Society, our remortgage specialists can help.