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Conveyancing in Smithfield Q & A's

Profile photo of Clarisa McMahon

By

Ask Clarisa a question hl@syntarsus.co.uk

Updated: 12/04/18

Motorists are well served with Smithfield enjoying very good motorway access close at inside three miles of the A40M.

The nearest station to Smithfield is London City Thameslink. The closest airport to Smithfield is London City Airport (7 miles). Heathrow Terminals 1 2 3 Airport is 16 miles, London Heliport Airport is 5 miles, Heathrow Terminal 5 Airport is 17 miles, Gatwick North Terminal Airport is 25 miles, Heathrow Terminal 4 Airport is 16 miles, Northolt Jet Centre Airport is 14 miles, Elstree Airport is 14 miles and London Biggin Hill Airport is 14 miles away.

Q.

Smithfield points of interest

A.

Brixton London Windmill, Holborn Lincolns Inn Great Hall Historic Building and Temple Middle Temple Hall Historic Building are in Smithfield.

The nearest hospital to Smithfield is St Bartholomews London.

Q.

I need to find fixed rate conveyancing. How do I get a quote?

A.

Various solicitors purport to offer 'the cheapest conveyancing quotes'. Often additional costs are frequently hidden in the terms of engagement. Busy, stressed buyers ignore these terms at their peril. A quote for conveyancing in Smithfield should list any disbursements.We offer quotes, not estimates, and clearly state all legal fees you pay for a standard conveyancing transaction.

Q.

Is there anything I can do to bypass paying stamp duty tax?

A.

Stamp Duty Land Tax (SDLT) is generally payable for purchases sold for over one hundred and twenty-five thousand pounds. Stamp duty mitigation should not be considered, as such schemes are expensive and , if a scheme is challenged, you can be fined up to 100% of the amount owed, in additional to the tax itself.

Q.

We are worried about the council tax rates on a residential detached house in Smithfield, how much are they?

A.

Normally the report on title should include the relevant City of London council tax band. Up-to-date rates for residents of Smithfield are published at the City of London local authority site. At the time of authoring (08 July 2012) band rates are:

  • Band A - £624.00
    >
  • Band B - £728.00
  • Band C - £832.00
  • Band D - £936.00
  • Band E - £1,144.00
  • Band F - £1,352.00
  • Band G - £1,560.00
  • Band H - £1,872.00

Q.

Is homewardlegal.co.uk experienced enough to 28 day completions on the conveyancing for property auction properties in Smithfield?

A.

In fact we work with auctioneers throughout City Of London and often take instructions from sellers at auction. We usually suggest purchasers to select an affordable lawyer well before the property auction for a detailed report.

Post date of the auction a prepared conveyancing lawyer has to be fully prepared to rapidly finalise the conveyancing process in under a month as conventionally required by the terms of sale.

Q.

What amount of time does the conveyancing process need? I already have an offer.

A.

The time needed to transfer a property does vary, according to several issues which can include whether the property being bought or sold is leasehold. With our property specialists, your sale, purchase or remortgage is handled as fast as possible, without compromising on service.

Q.

How soon do I need to instruct a conveyancer?

A.

The short answer is, as soon as possible. Early instruction of a conveyancing firm for a sale allows paperwork can be prepared, even before a buyer is found, whereas if you are buying your offer may be taken more seriously if you already have a solicitor instructed.

Q.

What factors will impact land in Smithfield?

A.

Many of contaminants caused by natural causes may spoil residential property in Smithfield, and an environmental search will confirm that a home is impacted by contaminants in the region such as nearby waste management facilities.

Q.

The current owner has added inappropriate dormer windows to the flat which I think may infringe on Smithfield conservation area criteria.

A.

City of London local authority LLC1 searches conducted by a property lawyer will determine whether the property is within a conservation area proof of council approval for modifications will be required. In the absence of any appropriate consents, your solicitor will inform you of the alternatives which include requesting from City of London planning authority or purchasing an indemnity insurance policy.