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Conveyancing in Aldersgate Q & A's

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 23/04/17

Thinking of re-locating to Aldersgate? Some helpful local transport and public service details -

Aldersgate's nearest airport is London City Airport. Heathrow Terminals 1 2 3 Airport is 16 miles, London Heliport Airport is 5 miles, Heathrow Terminal 5 Airport is 18 miles, Gatwick North Terminal Airport is 25 miles, Heathrow Terminal 4 Airport is 16 miles, Northolt Jet Centre Airport is 14 miles, Elstree Airport is 14 miles and London Biggin Hill Airport is 14 miles away. Barbican station is almost 1 mile from Aldersgate.

Drivers are well served with Aldersgate ideally situated with very good major road access close at roughly three miles of the A40M.

Q.

Noted Aldersgate interest

A.

Trinity Buoy Wharf Lighthouse, Holborn Lincolns Inn Great Hall Historic Building and Temple Middle Temple Hall Historic Building are situated in Aldersgate.

The nearest hospital for Aldersgate is St Bartholomews London.

Q.

How do we get low cost conveyancing in Aldersgate?

A.

This issue catches out many buyers, and can leave them paying far more in conveyancing fees than they budgeted. Many law firms offer 'the cheapest conveyancing', but additional charges may inflate your final invoice. Additional charges included in the terms needs to be reasonable and clear. Any disbursements must also be stated on a conveyancing quote. Homeward Legal quotes offer a clear statement of your legal fees for a standard conveyancing transaction.

Q.

We have a property to purchase. How do we organise fast conveyancing?

A.

As is often argued, moving faster is essential to is to use a proactive, diligent solicitor. When identifying an appropriate a solicitor, you should ask the following: Was there a delay delivering a quote? Which communication methods do they use? Days can be wasted waiting for letters in the post which could be emailed or faxed. Will they order searches immediately?

Q.

Are there many buyers in Aldersgate gazumped?

This describes when a house seller acknowledges an offer and then rejects it in favour of a greater offer. Gazumping may happen mere days before exchange of contracts. The chance of getting gazumped exists for almost any purchase. The first step in reducing the chance that gazumping will effect you is to instruct a property solicitor as early as possible.

Q.

How is contaminated land in Aldersgate investigated when purchasing a property?

A.

Numerous of contaminants can affect residential property in Aldersgate, and an environmental search should clarify to what extent a particular property is affected by contaminants like limestone or gypsum quarrying or local historic industrial processes. Land/premises At, Oven Hill Road, Derbyshire, SK22 1BY may be one source of local contamination.

Q.

Which local authority looks after Aldersgate?

A.

Aldersgate is located in City of London, PO Box 270, Guildhall, London, EC2P 2EJ, phone: 020 7606 3030

Q.

We are enquiring about council tax amounts on a Sixties semi-detached dwelling in Aldersgate, what are they?

A.

More often than not a report on title should supply the relevant City of London council tax band. The correct charges for residents of Aldersgate are tabled online at the City of London local authority site. As at (06 November 2012) the rates are:

  • Band A - £624.00
  • Band B - £728.00
  • Band C - £832.00
  • Band D - £936.00
  • Band E - £1,144.00
  • Band F - £1,352.00
  • Band G - £1,560.00
  • Band H - £1,872.00

Q.

In what ways does my Aldersgate property lawyer investigate the risk of possible flooding in Aldersgate?

A.

A vital component in the legal due diligence process involves a conveyancing lawyer conducting conveyancing searches that provide you with information with respect to Aldersgate flood risk area. Also as an additional measure the conveyancing solicitor in Aldersgate will sometimes suggest a more detailed local Aldersgate flood search.

Q.

I am buying a £365000 residence in Aldersgate, what will be worked out for stamp duty rates?

A.

The Stamp Duty rate you will owe is calculated with reference to the value of the house or flat. For a residential property bought for £365000, stamp duty will be £10950 (correct March 2013).

 
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