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Conveyancing in Bermondsey Q & A's

Profile photo of Clarisa McMahon

By

Ask Clarisa a question hl@syntarsus.co.uk

Updated: 09/07/17

Bermondsey area information

George Inn National Trust , Trinity Buoy Wharf Lighthouse, Tate Modern Art Gallery and Imperial War Museum Aviation Museum are close at hand to Bermondsey.

The closest airport to Bermondsey is London City Airport (5 miles). Heathrow Terminals 1 2 3 Airport is 17 miles, London Heliport Airport is 6 miles, Heathrow Terminal 5 Airport is 19 miles, Gatwick South Terminal Airport is 24 miles, Gatwick North Terminal Airport is 24 miles, Heathrow Terminal 4 Airport is 17 miles, Northolt Jet Centre Airport is 16 miles, Elstree Airport is 16 miles and London Biggin Hill Airport is 13 miles away. The nearest station to Bermondsey is South Bermondsey, approximately 1 mile away.

Motorists are well served with Bermondsey being well placed with excellent major road access approximately 3m of the A102M.

The closest hospital for Bermondsey is London Bridge.

Q.

We are trying to find the cheapest conveyancing solicitors. Will we get a quote or and estimate?

A.

This catches out many buyers, and can leave them paying far more in fees than they budgeted, and many firms offer supposedly 'the cheapest conveyancing quotes'. Unfortunately extra charges are frequently hidden in the terms that unknowing buyers have not reviewed Charges included in the solicitor's terms needs to be reasonable and be applicable if the conveyancer must complete work beyond standard conveyancing , which could not be anticipated at the start of the process. The Homeward Legal quote calculator will confirm the solicitors' fees, based on the property you are buying.

Q.

If I am purchasing in the parish of Stoke Newington, should we get a chancel search?

A.

A property lawyer may suggest a chancel search. Through some Parochial Church Councils (PCCs) have determined to charge chancel repairs on the owners, it is not possible to be certain that a parish where chancel repair fees have not been paid previously will continue to be free from liability. In the event that chancel liability may apply, your solicitor might recommend insurance rather than pulling out of the purchase.

Q.

We have found a buyer and have a quote from you. Could there be any additional costs?

A.

Homeward Legal never hide any hidden charges whatsoever. You should be aware that some firms only provide estimates disguised as quotes, meaning that you could pay much more when you complete.

Q.

How do you work out stamp duty, and how much will it be on a £1197000 property?

A.

The Stamp Duty you will owe will depend on the purchase price of the house or flat. For a residential property purchased for £1197000, SDLT is £59850.

Q.

How long on average does it take my designated lawyer to exchange contracts the legal process for the top floor of house in Bermondsey?

A.

The conveyancing process can take anywhere from one month to 12 weeks dependent on various things, such as the speed of the seller's property solicitor, or the completeness of the management information. Our lawyers are highly proactive with the intention of completing the legal process as rapidly as we possibly can.

Q.

I am worried about council tax amounts on a Forties terraced house in Bermondsey, what are they?

A.

Commonly, a conveyancing report on title will give information the appropriate Southwark council tax band. The correct charges for homes in Bermondsey are set out in detail on the Southwark council website. As at, 30/08/2012, band rates are:

  • Band A - £813.00
  • Band B - £948.00
  • Band C - £1,083.00
  • Band D - £1,219.00
  • Band E - £1,490.00
  • Band F - £1,761.00
  • Band G - £2,031.00
  • Band H - £2,438.00

Q.

Myself and my partner are purchasing a residence in Bermondsey, and need to know if there are many designated conservation areas.

A.

The neighbourhoods in or near Bermondsey will include numerous conservation areas. A lawyer will address the consequences of purchasing property in a conservation area.

Q.

As a result of the fact that 2012 was second wettest year since records began we are wondering whether environmental searches aren't thorough enough?

A.

Your conveyancer in Bermondsey will include property environmental searches if the standard conveyancing searches flag up any kind of Bermondsey flood risk.

For more history you could always contact a close neighbour.

 
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