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Conveyancing in Covent Garden Q & A's

Profile photo of Clarisa McMahon

By

Ask Clarisa a question hl@syntarsus.co.uk

Updated: 14/04/18

Some helpful local transport and public service information

Drivers are well served with Covent Garden situated with very good major road access very close at about 2m of the A40M.

The nearest station to Covent Garden is London Waterloo International, almost 1 mile away. The closest airport to Covent Garden is London City Airport. Heathrow Terminals 1 2 3 Airport is 15 miles, London Heliport Airport is 4 miles, Heathrow Terminal 5 Airport is 16 miles, Gatwick South Terminal Airport is 24 miles, Gatwick North Terminal Airport is 24 miles, Heathrow Terminal 4 Airport is 15 miles, Northolt Jet Centre Airport is 13 miles, Elstree Airport is 14 miles and London Biggin Hill Airport is 14 miles away.

Q.

Covent Garden attractions and landmarks

A.

Brixton London Windmill, Jewel Tower English Heritage and London The National Gallery Art Gallery are close at hand to Covent Garden.

The closest hospital is St Thomas Lambeth.

Q.

How do I get a cheap solicitor to sell a property?

A.

Both high-street and online conveyancers promote supposedly cheap conveyancing quotes. Often extra costs are frequently hidden in small print. Any additional fees should be fair and clearly defined. The Homeward Legal quote calculator will confirm the exact legal fees based on the property you are selling.

Q.

How do you calculate stamp duty, and what should we budget for a £991000 home?

A.

Stamp Duty Land Tax depends on a small range of considerations, including the house's value. On a £991000 Covent Garden property, stamp duty will be £39640.

Q.

We are anxious about the council tax charges on a period end of terrace property in Covent Garden, how much are they?

A.

In most cases a report on title will provide the Westminster council tax band. Council tax rates for homes in Covent Garden are set

out online at the Westminster council site. On 27 October 2012 band rates are:

  • Band A - £456.00
  • Band B - £533.00
  • Band C - £609.00
  • Band D - £685.00
  • Band E - £837.00
  • Band F - £989.00
  • Band G - £1,141.00
  • Band H - £1,369.00

Q.

Are there many conservation areas in Covent Garden?

A.

Conservation areas cover local areas of historical or architectural value. Living in a conservation area can mean protection for parks and green spaces, but the restrictions create additional maintenance and repair responsibilities. A solicitor will confirm potential liability for unauthorised works.

Q.

Is the High Speed Two line going to affect properties in Uxbridge Common?

A.

Yes. HS2 Phase 1 will affect property in Uxbridge Common. Potential disruption may affect residents along the planned route. An HS2 search can give more detail.

Q.

My lender is Skipton Building Society, what do we need to check?

A.

Traditionally, most conveyancing solicitors were able to undertake legal work for a lender. A small number of lenders have limited the firms who can act for them, potentially creating higher conveyancing costs for property buyers. We can act for many CML-approved lenders so that the buyer will not have to pay an additional fee for your lender's solicitor.

Q.

How long should it take our conveyancer to exchange all of the legal formalities on a detached Thirties home we are thinking of buying in Covent Garden?

A.

The process can take anywhere between around a month and 12 weeks, which can be hampered by any number of things, like the efficiency of the seller's property lawyer, or the speed of other lawyers in the chain.

Q.

Lawyers in Covent Garden apply for formal property when they are instructed to act for a home purchaser - what actual ones?

A.

When applying for a mortgage the lender insist that at least the following Local Authority, Drainage and Water Search (CON29DW or personal) and Environmental, and, depending on certain criteria, less common searches such as British Waterways.