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Conveyancing in Peckham Q & A's

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 21/10/17

Local key data:

Peckham's closest airport is London City Airport (6 miles). Heathrow Terminals 1 2 3 Airport is 17 miles, London Heliport Airport is 5 miles, Heathrow Terminal 5 Airport is 18 miles, Gatwick South Terminal Airport is 23 miles, Gatwick North Terminal Airport is 22 miles, Heathrow Terminal 4 Airport is 17 miles, Northolt Jet Centre Airport is 16 miles, Elstree Airport is 17 miles and London Biggin Hill Airport is 11 miles away and Peckham Rye train station is almost a mile from Peckham.

Q.

Peckham attractions

A.

George Inn National Trust , Brixton London Windmill, Imperial War Museum Aviation Museum and Tate Modern Art Gallery are easily accessible from Peckham.

The nearest hospital for Peckham is Maudsley Denmark Hill.

Q.

How do we find the best rates for conveyancing in Peckham for a £268,000 residence?

A.

This issue catches out many buyers and sellers, and can leave them paying far more in fees than they budgeted. Many solicitors claim to offer 'the cheapest conveyancing quotes'. Often additional charges will be included in the terms of engagement.

Q.

Basinghall Finance will be our lender, what do we need to know?

A.

Some lenders have limited the firms who can act for them. This can mean greater legal costs for buyers. Homeward Legal are able to act for many CML-approved lenders, keeping buyers' legal costs to a minimum.

Q.

The property being bought is on a ex-industrial use land. We have been told that cobalt soil contamination may be an issue.

A.

Peckham industry, agriculture and the natural environment can cause soil contamination. Various bodies hold data on land contaminants affecting Peckham, including local authorities.

Q.

What factors are key to guarantee a fast conveyancing process?

A.

Instructing a proactive, diligent conveyancing solicitor is the key to a fast conveyancing transaction. Consider the following:

  • Are phone, fax and email their preferred methods of contact
  • Was there a delay delivering a quote?
  • How soon will they order searches?

Q.

Do we need to opt for the solicitor referred by the local agent?

A.

Many estate agents have arrangements with solicitors where they refer clients, however, these referrals should be considered carefully, as the agent may recommend whichever firm pays the most per referral, not the best value for you.

Q.

What effect will HS2 have in Lisson Grove?

A.

Yes, High Speed 2 Phase 1 will affect some property in Lisson Grove's local authority. Lisson Grove Properties within 200m of the line will be identified during a search, but disruption, noise and vibration pollution may affect a much wider area.

Q.

I am concerned about council tax amounts on a residential detached home in Peckham, what are they?

A.

Frequently the report on title will cover the relevant Southwark council tax band. The latest council tax charges for Peckham are detailed online at the Southwark local authority website. On (09/08/2012) rates are as follows:

  • 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.

How long does conveyancing to purchase property require, according to your estimates? The property is also local.

A.

The length of time taken to transact a home will vary. This is dependent on potentially many factors which can include matters where a property has a mortgage. With our property specialists, the matter is undertaken with the utmost care and speed.