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Conveyancing in Tufnell Park Q & A's

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 22/07/17

Motorists are well served with Tufnell Park enjoying good motorway access approximately 3 miles of the A40M.

Tufnell Park's nearest airport is London City Airport (9 miles). Heathrow Terminals 1 2 3 Airport is 15 miles, Luton Airport is 25 miles, London Heliport Airport is 7 miles, Heathrow Terminal 5 Airport is 17 miles, Heathrow Terminal 4 Airport is 16 miles, Northolt Jet Centre Airport is 12 miles, Elstree Airport is 11 miles and London Biggin Hill Airport is 17 miles away. Tufnell Park's closest train station is Kentish Town.

Whittington Highgate is a nearby hospital for Tufnell Park.

Q.

How do I find the best rates for conveyancing for a £536,000 home?

A.

Both high-street and online solicitors purport to offer theoretically cheap conveyancing. However additional costs may pad the final invoice.

Q.

Is it dangerous to hold off paying out for stamp duty?

A.

Homeward Legal strongly advise against any stamp duty reduction scheme, as such schemes are highly expensive and , if the scheme fails, you may be charged a penalty of up to 100% of the stamp duty amount owed.

Q.

Will the Tufnell Park property lawyer apply for any conveyancing searches on the London period semi-detached bungalow I want to buy?

A.

If purchasing and applying for a mortgage the mortgage lender mandates a solicitor to get particular searches, including the following Local Authority (personal or official), Drainage Search (Con29DW or personal) and Environmental and, depending on certain criteria, specific local searches e.g. a Chancel Search.

Q.

Hinckley and Rugby Building Society is going to be our lender - what will I need to check?

A.

Your mortgage lender will require legal work to be performed on their behalf. Some lenders have opted to reduce the size of their 'solicitor panel', which may result in increased conveyancing costs for home buyers. We can act on behalf of many mortgage lenders, ensuring that an additional property lawyer will not be required to act for your lender.

Q.

Which of the mortgage lender panels in Tufnell Park are your solicitors members of?

A.

Homeward Legal have worked with the bulk of lenders. A number of mortgage specialists operate in Tufnell Park, such as Ocean Park, 63 Lealand Rd, London, N15 6JT, Davidson Stewart, 81 Allison Rd, London, N8 0AP, and Fig Tree Finance, Basement Floor/11 High Rd, London, N15 6LT.

Q.

How long can I account for the conveyancing process require?

A.

The amount of time taken to buy or sell a house may vary. This is affected by a broad set of issues which may affect the property which can include if the property being bought or sold is leasehold. With Homeward Legal's Tufnell Park property experts, your move is undertaken as quickly as possible.

Q.

What do we need to know if purchasing a Tufnell Park home in a Islington planning authority conservation area ?

A.

Part of the due diligence for buyers involves carrying out searches of the local authority to find out conservation area status and the required formal approval for modifications. .

Q.

Would ordering a home buyers survey be advisable if we are buying a house or flat, regardless of its age?

A.

It is highly recommended that buyers arrange a property surveyor to undertake a survey if purchasing in Tufnell Park. It is a fact that there are many defects that have a negative impact on a property, for example poor drainage and cracks in walls, and these will not be addressed by your conveyancing solicitor.

 
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