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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: 18/04/17

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.

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 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.

What environmental concerns will affect land in Holborn. Are they a problem?

A.

A wide range of contaminants may ruin residential property in Holborn, such as pollution incidents. An environmental search will give more detail.

Q.

Does a Holborn lawyer order any searches on the London Victorian terraced property I am buying?

A.

If purchasing and getting a mortgage the lender will expect particular searches, including the following Local Authority, Drainage and Water Search (CON29DW) and Environment Search and, depending on certain criteria, less common searches e.g. a SIM Search.

Q.

We have taken out a conveyancing quote from you. Will we be billed any extra fees?

A.

No. We do not hide any hidden charges whatsoever. Some solicitors only estimate conveyancing costs, which they will not be required to adhere to.

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.

What are the alternatives if buying a Holborn property in a Camden planning authority conservation area ?

A.

An integral part of the conveyancing process includes carrying out searches of Camden council to determine conservation area status and the requisite formal approval for modifications. .

Q.

Can we avoid paying stamp duty?

A.

Stamp Duty Land Tax is usually payable for property purchases valued at over 125,000 pounds. Homeward Legal strongly advise against any form of stamp duty reduction scheme, because these schemes are costly and unreliable.

 
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