Probably the best-known area of the capital, the City of Westminster is an Inner London borough covering much of central London north of the Thames. Between the iconic buildings are quiet residential streets, where average house prices are the highest in the UK at over £2m and population density is high. However, within this, the most vibrant place to live in the world, are many large parks and open spaces.
Many global companies are headquartered in the district, with a large number of financial companies clustered in Mayfair.
Proximity to the theatre and culture also makes the borough attractive to performing arts businesses and creative and media companies.
Westminster conveyancing FAQs
What are the council tax bands in City of Westminster Council?
Westminster is situated in City of Westminster Council. Council tax bands in 2019 are as follows:
|Band||City of Westminster Council Tax (2018/19)|
Stamp duty calculator
Read more about stamp duty:
How much are conveyancing fees for buying or selling a home in Westminster?
Conveyancing fees will include the conveyancer's legal fees and disbursements.
Conveyancing disbursements are the extra third-party costs paid out on your behalf, such as HMLR fees or leasehold management packs. Legal fees are for the work your solicitor carries out for you.
Your solicitor's legal fees for buying or selling a house in Westminster are fixed, which means that for a standard conveyancing transaction, what you pay is exactly what you see in your quote.
Calculate the conveyancing fees for your Westminster property sale or purchase
Our online conveyancing fees calculator can give you a comprehensive conveyancing quote with a comprehensive list of all fees, costs and disbursements for your Westminster sale or purchase.
Will I need property searches when buying a property in Westminster?
Property searches are questions submitted to a number of authorities by Westminster conveyancing solicitors to identify issues affecting the home you want to buy. Lenders also usually require conveyancing searches to be purchased.
I am buying a leasehold property in Westminster - what do I need to know?
Purchasing a leasehold flat in the UK can be complex. The many potential traps awaiting an uninformed buyer can include legally technical issues like costly and undisclosed major works and unfair clauses in the lease.
A good property lawyer will look into all potential issues with the lease and report back to you.
Does a leasehold property take longer to sell?
Yes. The legal work for selling a leasehold property usually takes longer.
The buyer's solicitor 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 it takes your solicitor to gather this paperwork.
The solicitor should start this process at the earliest opportunity, because this information could take several weeks to collect if it is difficult to contact the managing agent or landlord.
Will I need a conveyancing solicitor if I am remortgaging my Westminster property?
Yes, you will need a remortgage conveyancing solicitor.
The official UK base rate is currently set at 0.75% (Feb 2019). A proactive conveyancing solicitor in Westminster will complete the conveyancing process quickly and get you into your new rate.
Property solicitors on the panel for all major lenders - so no matter whether you are switching to a tracker with the Royal Bank of Scotland or to a joint mortgage with Virgin Money, we can assist.