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Conveyancing in Streatham Q & A's

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 22/10/17

The closest station to Streatham is Streatham. Streatham's closest airport 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 19 miles, Gatwick North Terminal Airport is 19 miles, Heathrow Terminal 4 Airport is 14 miles, Northolt Jet Centre Airport is 15 miles, Elstree Airport is 18 miles and London Biggin Hill Airport is 10 miles away.

Springfield University Tooting Bec is the closest hospital to Streatham.

Q.

How do I get the best rates for conveyancing for a £587,000 home?

A.

Misleading conveyancing quotes catch out many buyers, leaving them to pay sometimes £100s more than planned. Many solicitors claim to offer 'the cheapest conveyancing quotes', but additional costs will be included in the small print. Our quotes clearly state the solicitors' fees for a standard conveyancing transaction.

Q.

What are our options if purchasing a flat in a Lambeth planning authority designated conservation area ?

A.

Part of the conveyancing process includes ordering of LLC1 searches of Lambeth planning authority to confirm conservation area status and the existence of consent for developments. .

Q.

Could Streatham soil be contaminated by iron (Fe)?

A.

Steps are taken on a local and national level to identify and resolve topsoil contamination. Data on many contaminants, such as asbestos, will be included in an environmental search.

Q.

I am enquiring about the council tax charges on a Fifties terraced house in Streatham, what are they?

A.

Typically a conveyancer's title report should cover the appropriate Lambeth council tax band. Correct rates for residents of Streatham are detailed at the Lambeth council site. At the time of writing (16/07/2012) band rates are:

  • Band A - £821.00
  • Band B - £958.00
  • Band C - £1,095.00
  • Band D - £1,232.00
  • Band E - £1,506.00
  • Band F - £1,780.00
  • Band G - £2,053.00
  • Band H - £2,464.00

Q.

I have requested a quote from you. Could there be any hidden fees?

A.

No. Our solicitors will not charge any hidden charges under any circumstances. Some solicitors only estimate conveyancing costs. The bill you receive on completion can be much greater.

Q.

What amount of time may the legal work to buy a property require, on average?

A.

The amount of time taken to transfer a property may vary, dependent on potentially many issues affecting the property. The national average is 8 to 12 weeks, whereas Homeward Legal take a more proactive attitude, pushing a transaction to complete within 8 weeks if possible.

Q.

What is the risk of gazumping?

A.

Gazumping describes when a home owner agrees to an offer, only to later reject it in favour of a higher offer. This could occur even months into a purchase. The danger of getting gazumped is present in any transaction. To reduce the likelihood of being gazumped, consider instructing a law firm early.

Q.

What are Streatham 'conveyancing searches'?

A.

Searches are a commonly-used set of questions undertaken on behalf of the party intending to buy the property. Searches cannot be used in place of a survey.