Look no further for your residential conveyancing solicitor in City of London
Whatever your property challenge, we can solve it.
Selling property in City of London
Your expert conveyancing solicitor's role when selling a property in City of London, will include:
- Draft contracts – Your conveyancing solicitor drafts the initial legal contract to be sent to the buyer's solicitor.
- Responding to enquiries – your solicitor responds to any questions the buyer's solicitor may have (this is where you'll find out if you are missing documents, which can cause delays to your sale).
- Investigating issues – your solicitor may need to complete further investigation to try and satisfy them.
- Exchange contracts – once the buyer's solicitor has satisfied their enquiries, contracts are finalised and exchanged
- On the day of completion – your solicitor receives the money for the sale, discharges the mortgage (if required), pays the estate agent, deducts their fee and then sends the net sale proceeds to you.
- Post completion – your solicitor receives the DS1 discharge documents and, when leasehold, settles your liabilities for ground rent and service charges.
Our City of London conveyancing solicitors' cost for selling a property starts from £723 INC VAT.
For City of London buying
- Draft contracts – Your solicitor reviews the draft contract sent by the seller's solicitor.
- Raising enquiries – your solicitor will ask the seller's solicitor questions based on the contract, title, and property documents to protect you from any nasty surprises.
- Exchange contracts – once your solicitor is satisfied with their enquiries, they agree with the seller to finalise and exchange contracts
- Day of completion – on the day of completion, your solicitor transfers the money for the sale.
- Post completion – following completion, your solicitor makes an application to HM Land Registry to register you as the new owner.
Our City of London conveyancing solicitors' cost for buying a property starts from £723 INC VAT.
Add or remove someone from a property title in City of London
With a Transfer of Equity, you can buy someone out of a shared property and remove them from the title, or add someone to the title to transfer ownership of a share of the property, making them a joint owner. This service includes:
- Property solicitors fees including ID checks, office copies
- HM Land Registration fees
- (if party being removed) ID1 Form verification fee
- (if mortgage) Change of mortgage fee
- (if leasehold) Notice fee to freeholder
Our City of London conveyancing solicitors' cost for a Transfer of Equity in City of London starts at £399 INC VAT.
If someone is giving up their share of the property for less than market value, they may be required to get independent legal advice, which will be an additional expense.
Switch your mortgage deal in City of London
Your remortgage solicitor will perform all the necessary checks, review your new mortgage offer, and update HM Land Registry post-completion. The process is similar to when you purchase but should take less time, as the solicitor doesn't need to raise any legal enquiries.
If you own a leasehold property, your solicitor must carry out extra work to investigate the lease terms. Our conveyancing solicitors' cost for a remortgage in City of London starts at £363 INC VAT INC VAT.
Purchase the next chunk of your equity
When you're ready to buy the next chunk of the equity in your shared ownership property, a conveyancer will be required to handle:
- The bank transfer;
- obtaining a mortgage redemption statement from your existing lender;
- receiving your new mortgage offer and confirming the lender terms;
- receiving the memorandum of staircasing;
- handling completion;
- filing SDLT form (if required); and
- registration at the Land Registry.
Our conveyancing solicitors' cost for shared ownership staircasing in City of London starts at £569 INC VAT.
If you need to add someone to the legal title, you will need to pay an additional fee for a transfer of equity.
Paying off your Help to Buy equity loan
You'll need a solicitor to:
- Receive redemption letter;
- review title for ownership and restrictions;
- obtain Authority to Complete;
- draft a deed of postponement for your current lender;
- handling completion;
- bank transfer; and
- if repaid in full, removal of the loan restriction at the Land Registry.
Our conveyancing solicitors' cost for Help to Buy loan redemption in City of London starts at £333 INC VAT.
Price based on a freehold with the loan being repaid in full using savings.
Why buy a home in City of London?
The City of London has a unique place in the government of the UK, and indeed within London itself, as it is not only a city but a county and a local government district, in many ways autonomous. It constituted most of London going back to the 1st century AD (the Romans settled it after invading). It isn't a London borough and is the smallest county in size in the UK.
It is frequently referred to as just 'the city', particularly in relation to the West of London. It is world-renowned as the premier global financial trading district, and the area is particularly known for currency exchange and insurance, as well as numerous other financial products, trading and services. It has its own Lord Mayor, quite distinct and much older than the Mayor of London post. The Lord Mayor is elected by aldermen, themselves also elected, uniquely by livery companies. Its local authority is the City of London Corporation, which, unusually, has responsibility for a separate police force/service (the City of London Police) and other powers, some of which run beyond the boundaries of the city itself.
Landmarks and attractions are many, not least because of the sheer preserved history which can be found in and around the area. They include, for example, the Tower of London, Tower Bridge, Pudding Lane, the Old Bailey (the central criminal courts), Lloyds Building, 30 St Mary Axe (otherwise known as The Gherkin), The Shard building, London Wall, the Barbican and many boutique shops and old pubs such as the George and Vulture and the Counting House.
St Bartholomew's Hospital, W Smithfield, London EC1A 7BE
University College Hospital, 235 Euston Rd, Bloomsbury, London NW1 2BU
The Royal London Hospital, Whitechapel Rd, Whitechapel, London E1 1FR
The City of London is extremely well connected in terms of transport links to it. It is, for example, where more than one overland railway terminus is located (take London Blackfriars, London Cannon Street and London Fenchurch Street) but is also traversed by the Thameslink service (City Thameslink is one of the stations to access it) and the Elizabeth Line.
There are numerous tube stations on numerous lines (for example, Manor House station on the District and Circle Lines), numerous red London buses, numerous black cabs and, within easy travelling distance, London City Airport.
Distance to Airports from the City of London (Liverpool Street)
Airport | Miles by car |
London City Airport (Silvertown) | 5.93 miles |
Heathrow Airport | 16.68 miles |
Gatwick Airport | 25.93 miles |
City of London School, 107 Queen Victoria St, Queenhithe, London EC4V 3AL
City of London School for Girls, St Giles Terrace, Barbican, London EC2Y 8BB
Westminster School, Deans Yard, 17A, London SW1P 3PB
Residential Conveyancing Solicitors in and around City of London
Our City of London conveyancing solicitors can help you with your conveyance locally or in any of the surrounding areas, including West London, North London, East London, South London, South East London, Central London and Westminster.
We have many offices throughout England and Wales, so you can find a solicitor near you.
- Hunter Street WC1N 1BL
- Tonbridge Street WC1H 9PE
- University Street WC1E 6JP
- Bartholomew Close EC1A 7ES
- Pine Street EC1 0JQ
- Monograph Square: – 56 West Smithfield, London EC1A 9DS.
1, 2, 3 and 4-bed homes from £995,000 - £1,970,000, developed by Postmark London.
City of London Property Prices
Average property price in City of London | £960,343 |
Population of City of London | 9,401 (2016 est.) |
Local conveyancing solicitor
Local conveyancing solicitor, property lawyer or licensed conveyancer?
When you search for licensed conveyancing solicitors near me, you may well wonder about the title of the legal professional you're looking to hire. Would property lawyers in City of London be more appropriate? How about just 'conveyancer near me'?
Day-to-day, the vast majority of legal tasks required for a house move are carried out by several different people termed 'paralegals' and/or 'property conveyancers'. These terms refer to the fact that these professionals do not have formal membership - and qualifications - required to be either a solicitor, licensed conveyancer or legal executive.
Many of these individuals have many years of experience and keep your costs down by skilfully completing work at a lower rate than the solicitor who oversees the case, takes ultimate responsibility and signs-off the work.
In contrast, a qualified solicitor acting in the conveyancing field has the general training that a solicitor has - e.g. in employment law - but has chosen to specialise in conveyancing. They have to be a member of the Law Society in order to practise.
Why choose SAM Conveyancing Solicitors in City of London?
Whether you're buying, selling, remortgaging, dealing with a lease, staircasing shared ownership, or paying offyour help to buy loan, you'll need a conveyancing specialist to handle the legal side of things. With SAM you get the benefit of dedicated conveyancing executive who'll guide you through the process, from start to finish, at no extra cost. Available Monday to Saturday to answer all your questions, we'll bridge the gap between you and your solicitor, with regular updates in plain English.
We have hand selected some of the best conveyancing solicitors City of London has to offer, which are backed by a no sale no fee guarantee and the City of London conveyancing fee we quote is broken down so you can see exactly what your quote includes. What we quote you is the fixed price you will pay for the agreed work. No unpleasant surprises.
You'll also benefit form our state of the art Online Conveyancing Process to track your progress and next steps along the way.
Affordable Housing Schemes
Several affordable housing schemes in City of London help make buying a property more achievable. The work is more complex, and we have specialist conveyancing solicitors to handle the following:
- Shared Ownership Solicitors
- Right to Buy Solicitors City of London - speak to City of London Corporation to find out if you are eligible
- Discount Market Sale City of London - check with City of London Corporation if they are running a DMS scheme
City of London conveyancing solicitors
You can rest assured that you're in good hands with our City of London Conveyancing Solicitors. They are skilled and experienced with complex property transactions from a simple purchase for a property in City of London to a Sale and Purchase of a shared ownership property, executing a Deed of Trust simultaneously.
Are you buying or selling a short lease in City of London?
If there are 80 years or less on the City of London leasehold, it will be harder to mortgage. Whether you're buying or selling, you should consider extending the lease, which may be done before, during, or in some cases after the transaction.
Our specialist leasehold conveyancing solicitors have vast experience handling the extension of a short lease for the buyer or the seller in City of London; speak to a SAM advisor for inclusive, fixed fee, conveyancing quotes for leasehold conveyancing or share of freehold conveyancing today. Property Challenges Solved.
Conveyancing FAQs: Property Lawyers City of London
The average conveyancing cost in London can be slightly higher than in the rest of the country. Depending on the property's price and the transaction's complexity, you could pay several hundred to a couple of thousand pounds. Our conveyancing fees in City of London are based on the purchase price, and start at £723 INC VAT.
Fill in our easy online form for a fixed quote tailored to your requirements.
City of London conveyancing solicitor fees vary between online conveyancing solicitors, high street licensed conveyancers or housing solicitors introduced by your estate agent.
It's unnecessary to have a local property solicitor as the conveyancing process is the same throughout England and Wales. You should prioritise service and efficiency over proximity to City of London, when choosing a good conveyancing solicitor for any property transaction.
Many factors can delay conveyancing in City of London. A simple property transaction can be completed in less than two months, but the average is closer to 12-16 weeks.
CQS Accreditation
All our panel solicitors are CQS accredited. You can trust the Conveyancing Quality Scheme for the highest standards of conveyancing.
Fixed Fee
Don't bother with an 'estimate' fee. You want to make sure that your total fee is fixed (they can't charge you more later) and it includes all the necessary components. We build your quote based on each of the costs involved in a standard transaction based on the information you give us, with no sneaky extra fees. If you have additional requirements, speak with a helpful team member to ensure everything you need is covered within your quote.
No Sale No Fee
Choose conveyancing solicitors in City of London who offer a No Sale No Fee Guarantee, like ours. If your first sale or purchase falls through, the money you've spent with us will go toward your next one. Terms apply.
Reviews
Check out their reviews to be sure they provide a good service and meet their timescales.
Communication
Not knowing what is going on is the most frustrating thing for a client. Many solicitors are too busy doing legal work to answer all their clients call for updates. With SAM Conveyancing, you'll have a dedicated conveyancing executive available Monday to Saturday. They'll keep you in the loop on progress, translate the legal jargon, chase your solicitor when required and email you about milestones.
Value
Get a fully comprehensive quote covering all your needs so you can accurately compare your options to ensure you're paying a good price.
Online conveyancing is just as safe as you protect your data on the internet as you would in any other transaction. Online conveyancing means speedier turnaround times on documents, more convenient meetings and lower running costs for the firm. We pass our savings on to you.
Yes, if you're buying and selling simultaneously, the same conveyancing solicitor can handle both transactions, saving you money, as you'll only have to do the 'new client' admin once.
1. Get a mortgage in principle
Know what you can afford to save wasting time on any false starts.
2. Instruct your conveyancing solicitor before you make your offer
Waiting until your offer is accepted can delay your transaction. As early as possible, inform them of any details, such as gifted deposits. An online service reduces snail mail delays and waiting for physical meetings, which can be conducted by video call.
3. Apply for your mortgage quickly
You can submit your application as soon as your offer is accepted. An independent broker can help speed this along.
4. Order your searches and surveys
Ordering these early can speed up your conveyancing process, especially if local authorities face delays. However, it is usually considered prudent to time this with the rest of your chain if a transaction falls through.
5. Get your building insurance ready
You'll need insurance from the exchange so research & compare insurance quotes, once your solicitor is instructed.
6. Paperwork (When selling)
Ensure you have your paperwork, including energy performance & FENSA certificates.
The City of London is a county and its border is the same as the City of London's. It's the world's premier financial centre and has uniquely more autonomy than any other county, with powers that overreach its boundary.
Technically, the City also includes the exclaves/independent enclaves of the inner and Middle Temple, which neighbour each other and are two of the few remaining liberties, an old name for a geographic division. The city's county corporation also owns and runs both Smithfield Market and Leadenhall Market. It owns land beyond its boundaries, including open spaces (parks, forests and commons) in and around Greater London, including most of Epping Forest, and Hampstead Heath. The Honourable Irish Society, a body closely linked with the Corporation, also owns many public spaces in Northern Ireland.
The Corporation owns Old Spitalfields Market and Billingsgate Fish Market, in the neighbouring London Borough of Tower Hamlets. It owns and helps fund the Old Bailey, the Central Criminal Court for England and Wales, as a gift to the nation, having begun as the City and Middlesex Sessions.
The boundary of the City was unchanged until 1st April 1994, when it expanded slightly to the west, north and east, taking small parcels of land from the London Boroughs of Westminster, Camden, Islington, Hackney and Tower Hamlets. The City also lost small parcels of land, though there was an overall net gain (the City grew from 1.05 to 1.12 square miles). Most notably, the changes placed the (then recently developed) Broadgate estate entirely in the City.
London Property Market Reports
- April 2024 - London house prices 5% below their August peak
- Aug 2023 - Growth & Demand Falling under high interest rates
- Feb 2022 - London's housing volume hits record low
- Jan 2020 - London's Luxury Market Takes A Hit
- Sept 2019 - London house prices rise
- May 2019 - London's Housing Sales on Par with Last Crash
- March 2019 - London’s housing woes spread countrywide
- Aug 2018 - London's Sales Volumes on Life Support
- Nov 2018 - London On Its Knees
**Our panel of solicitors are regulated by the Solicitors Regulation Authority and conveyancing work is accredited with the Law Society's Conveyancing Quality Scheme.
***No Sale No Fee applies to any sale or purchase quote except auction and right to buy. Read our No Sale No Fee Policy.
What are the conveyancing costs?
City of London Conveyancing Solicitor fees vary between online conveyancing solicitors, high street conveyancers or housing solicitors introduced by your estate agent.
The actual conveyancing costs, outside of the legal work, should be fixed, including:
For buyers: stamp duty, land registration, property searches, ID searches and leasehold charges (if buying a leasehold property).
For sellers: office copies, title plan and management information (if selling a leasehold property).
Make sure to budget for all of the above conveyancing costs and to get a fixed fee conveyancing quote from several firms, to compare value.
Making the right choice of solicitor is key to the whole process:
- Cheap Conveyancing
- Fast Conveyancing
- Best Conveyancing Service
Should you get a property survey if you're a cash buyer?
We always recommend that property buyers get a RICS home buyers survey to find out if the property you're looking to buy has any suspicions of defects such as subsidence and damp.
Anyone buying with a mortgage must book and pay for a mortgage valuation, carried out on behalf of the lender. This survey, although never as thorough as a RICS home buyers survey, at least considers the condition of the property even if only passingly.
There is no requirement to book any kind of survey if you're buying with cash, however unless you are yourself a property expert, you risk many things going wrong. Defects like subsidence can cost upwards of 10s of £1,000s to rectify and you would be passing up on gathering powerful evidence that could be used to bargain with the seller for a reduction in price if, say, any defects were found.
You should also consider the future resale of the property. Anyone buying with a mortgage will themselves have to get a mortgage valuation and a large percentage of buyers do organise RIC home buyers surveys.
By getting such a survey before you buy the property, you are eliminating much of the possibility of getting a nasty surprise later, if there are any defects. It may even be that they are so bad that you choose to pull out of the purchase, on the grounds of the survey report.