Stratford London conveyancing FAQs
How much council tax must I pay for a property in London Borough of Newham?
Stratford London is situated in London Borough of Newham. Council tax bands are as follows:
|Band||London Borough of Newham 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 Stratford London?
Conveyancing fees are made up of fees and disbursements.
Disbursements are the extra third-party costs incurred on your behalf, for example Stamp Duty Land Tax or searches. Legal fees are for the legal work carried out by the solicitor.
Our conveyancing fees for buying or selling a house in Stratford London are fixed, - for a standard transaction, what we quote is what you pay
Calculate the conveyancing fees for your Stratford London move
Our conveyancing fees calculator gives you a detailed fixed fee quote with a detailed breakdown of all fees, costs and disbursements for your Stratford London sale or purchase.
Will I need property searches when buying a property in Stratford London?
Property searches are enquiries submitted to a number of authorities by Stratford London conveyancing solicitors to identify issues affecting the home you want to buy. Mortgage lenders also usually require conveyancing searches to be purchased.
How long does the conveyancing on a leasehold property take
The vast majority of flats are leasehold. Leasehold houses are less common, but there are still an estimated 1 million such properties across the country. Buying a leasehold flat typically takes longer than freehold property as more technical complexity exists.
Causes of numerous delays can range from slow delivery of managing agents' documents to an unresponsive landlord.
Quittance's team of leasehold specialists handle hundreds of leasehold transactions a month. With specialist expertise there should be far fewer delays.
Does the conveyancing for selling leasehold take longer?
Yes, it can take much more time to complete the legal work on a leasehold house or flat when compared to conveyancing on a freehold house.
The buyer's conveyancer will expect to see several leasehold-related documents, including a copy of buildings insurance for the common parts of the property. Delays are usually the result of the time required by the solicitor to get these documents together.
It can take a long time to gather these details if it is difficult to contact the managing agent, so the seller's solicitor should commence this even before you have found a buyer.
Will I need a conveyancing solicitor if I am remortgaging my Stratford London property?
Yes, you will need a remortgage conveyancing solicitor.
The base rate is now at 0.75% (Feb 2019). A proactive conveyancing solicitor in Stratford London could save you a few mortgage payments on your old rate by completing the conveyancing quickly.
Quittance's solicitors are on the panel for all major lenders, so whether you are you are switching to an offset mortgage with Lloyds Bank or to a fixed-rate mortgage with the Darlington Building Society, we can assist.