Wanstead conveyancing FAQs
What are the council tax bands in London Borough of Redbridge?
Wanstead is situated in London Borough of Redbridge. Council tax bands are as follows:
|Band||London Borough of Redbridge Council Tax (2018/19)|
How much stamp duty will I have to pay?
Read more about stamp duty:
Are Wanstead conveyancing fees fixed?
Some conveyancing solicitors in Wanstead provide legal services on a price per hour basis others work on a fixed fee.
Our solicitors work on a fixed legal fee basis, with no hidden fees. Your quote will set out exactly what the conveyancing fees and costs will be when your home sale or purchase goes through.
If, for whatever reason, your home sale or purchase does not go ahead, you have the peace of mind of our No Sale, No Fee guarantee.
Will I need property searches when buying a property in Wanstead?
Conveyancing searches are enquiries submitted to a number of authorities by Wanstead 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 leasehold conveyancing take in Wanstead?
Almost every flat in the UK is leasehold. Leasehold houses are less common, but there are still an estimated 1 million such properties across the country. Purchasing a leasehold flat typically takes longer than a freehold house as the freeholder and/or managing agent are also involved.
Varied factors, such as an unreachable freeholder or missing leasehold documents, can lead to serious delays.
Quittance's team of leasehold specialists handle hundreds of leasehold transactions a month, and our proactive approach means delays are less likely to occur.
What do I need to know if selling a leasehold property in Wanstead?
The conveyancing process for a leasehold flat is quite a lot more complicated than for a freehold house.
Leasehold complexity involves additional tasks on the part of conveyancing solicitors in Wanstead, and this could include requesting the latest service charge and ground rent statement, through to a copy of the service charge budget for the current year (and any anticipated payments on account).
In order to resolve any leasehold difficulties faster, It is recommended that you instruct a Wanstead conveyancing solicitor as soon as possible, and ideally before marketing the property,.
I am buying a new build property in Wanstead - what do I need to know?
The conveyancing process for acquiring a new build property in Wanstead is more complicated than buying an existing property.
A solicitor in Wanstead must be able to deal with things like dealing with lender conditions, ensuring that the contract is in the buyer's favour and checking new build warranties with warranty providers, including NHBC Buildmark, Advantage and ACHI/Vantage.
Our highly experienced team of new build solicitors are highly experienced in helping buyers get the best outcome and working to tight developer deadlines.
Will I need a conveyancing solicitor if I am remortgaging my Wanstead property?
Yes you will need a solicitor to handle the legal side of the remortgage.
The base rate is now at 0.75% (Feb 2019). A good Wanstead remortgage solicitor should be able to complete the conveyancing quickly and get you onto your new rate without delay.
Our property solicitors can act for most UK lenders, so whether you are you are moving to a flexible mortgage with Santander or to a two-year discount with the Monmouthshire Building Society, we can help.