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Conveyancing in Holborn Q & A's

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 21/10/17

Holborn attractions

Brixton London Windmill, Holborn Lincolns Inn Great Hall Historic Building and Temple Middle Temple Hall Historic Buildingare all around Holborn.

Drivers are well catered for with Holborn having excellent road access within 2m of the A40M.

Holborn's closest airport is London City Airport (7 miles). Heathrow Terminals 1 2 3 Airport is 15 miles, London Heliport Airport is 5 miles, Heathrow Terminal 5 Airport is 17 miles, Gatwick South Terminal Airport is 25 miles, Gatwick North Terminal Airport is 25 miles, Heathrow Terminal 4 Airport is 15 miles, Northolt Jet Centre Airport is 13 miles, Elstree Airport is 13 miles and London Biggin Hill Airport is 15 miles away. The nearest station to Holborn is Farringdon, around 1 mile away.

The most convenient hospital is Royal London Homeopathic.

Q.

We are trying to find a law firm that offers cheap conveyancing. and what is included?

A.

Many online and high street solicitors promote theoretically cheap conveyancing. However extra fees will be included in the terms. Excited homeowners, eager to get underway, often ignore this small print when they instruct. Charges needs to be fair and reasonable and only come into force where the solicitor is required to complete unexpected extra work on your behalf, which could not be anticipated at the start of the process.

Q.

We are completing in January, what will be calculated for Stamp Duty Land Tax?

A.

Stamp Duty Land Tax in Holborn will depend on several factors, primarily the home's purchase price. For a home sold for £460000, the rate will be £13800.

Q.

The web is full of a multitude of online articles going into great depth on do it yourself conveyancing. Do we necessarily have to use property solicitor in Holborn ?

Legally speaking there is absolutely no argument why you cant adopt a DIY approach and take care of he legal and technical work yourself. However, a solicitor is in charge of a large number of skilled tasks including chasing deeds and apportioning ground rents some of which really need a qualified professional.

Q.

Do I need a house survey for our home purchase?

A.

We strongly recommend that the majority of buyers book a house survey. It is a fact that there are many concerns that will impact a property, which will not be addressed during a property valuation, for example ground movement.

Q.

Are there many conservation areas in Holborn?

A.

These areas preserve streets and neighbourhoods of 'special architectural and historic interest'. A property solicitor will discuss what specific restrictions are in place.

Q.

The property being bought is on a brownfield site. Seemingly cobalt soil contamination may be an issue.

A.

With this region's industrial history in parts of Holborn, top-soil contamination is inescapable. Metal contamination of top-soil in Holborn is more likely to occur near landfill sites. Data on other contaminants, like radioactive waste and water contaminants such as landfill leachate, will also be included in an environmental search.

Q.

In relation to the fact that last year was second wettest year since records began, I am concerned that property conveyancing searches won't be exacting enough?

A.

A competent conveyancing solicitor in Holborn should always apply for environmental searches if the environmental search spots a the local Holborn flood risk

For extra area background you could also try to converse with a neighbour or local resident.

Q.

Our agent has named the property solicitor. Should we instruct this firm?

A.

It is common for estate agents to recommend one or more conveyancing firms. Such referrals must be carefully considered, as the agent may recommend the firm which pays to the largest referral fee, not a firm with local expertise and a solid reputation.