At what point in the process is it legally binding?

You can withdraw from a sale or purchase up until the point contracts have been exchanged. Any deposits paid after exchange of contract will then by non-refundable. After contracts are exchanged you are then responsible for the property you are buying and should arrange suitable insurance from this date.

How long are local searches valid for?

A local authority search completed for a house purchase is valid for 3 months.

How long does the conveyancing process take on average?

We usually say 8-12 weeks for an average sale or purchase. Queries and concerns can often come out of the local authority searches which need further investigation and sometimes this leads to re-approval from the Mortgage lender. This can add further time into the process.

What happens if we can’t produce certificates for work we’ve had done on the house we’re selling?

You can indemnify the work by taking out an insurance policy. This means that you can not be held liable for any future fault on the work that was done. We can arrange this for you

What is Stamp Duty and how much will I have to pay?

Stamp Duty is a tax levied by HM Government on a transfer of property. For residential single property ownership this tax is calculated at 5% for the portion of the property value between £250,001 and £925,000, 10% for the portion between £925,001 and £1,500,000 and 12% for the portion £1,500,001 and over. Duty may also be chargeable on any rental charge (leases only) - this affects both residential and commercial leases where different thresholds are applied. There are different rates for First time buyers and "second homes/buy to let". See our stamp duty page for more details

What is the difference between Joint Tenants and Tenants in Common?

Tenants is Common is where two or more people are entitled to the proceeds of sale in distinct shares - on the death of one, his/her interest will not pass to the survivor(s) but will be part of his/her estate. Joint Tenants are on the other hand 50/50 Co-owners of land - when one of them dies, his/her rights of ownership pass to the survivor(s).

Residential Property in London

We offer conveyancing in London from just £675.00 +VAT. Every conveyancing matter is different and the additional third party charges (or disbursements) such as searches and stamp duty vary depending on the property so it is best to call our quotes team on 020 8031 2731 to confirm your quote. It’s free and there’s no-obligation to proceed.

At Banner Jones, we care. We know how you and many other homeowners feel, as we've helped thousands of clients go through the entire process. For many, it's one of the most stressful stages in life. Our approach is to make your life easier.

We find that our clients have an endless list of tasks and the necessity of conveyancing especially for first-time buyers is overwhelming. However, at Banner Jones our clients found that our service is proactive, personal and professional. When choosing a solicitor, you need someone with excellent communication and a wealth of experience.

Did you know that there are two types of home buyer in the UK?

The home buyer that pays a premium to attend meetings at solicitors office's or the other home buyer who use another top quality conveyancing solicitor in London, does the entire process conveniently over the phone or online and saves time and money in the process!

At Banner Jones, we believe our clients can save time and money by doing all the necessary paperwork and meetings over the phone and online. Give us a call on 020 8031 2731 to find out more.

We know how frustrating London traffic is, so why pay more to see your solicitor when the process can be done from the comfort of your home?

Why Choose Banner Jones for your conveyancing needs in London?

We've helped thousands of people with their conveyancing needs. Whether you're buying an apartment in Greenwich, downsizing in Harrow, buy-to-let in Croydon or even selling-up and moving up north, we can help. From leasehold to freehold properties, we cover all aspects of residential property conveyancing.

We're one of the top legal firms in the UK

The Legal 500 - The Clients Guide to Law Firms

For five years in a row, Banner Jones Solicitor's is recognised as a leading "UK Legal 500" Firm and accredited by the Law Society's Conveyancing Quality Scheme. With offices in Derbyshire and South Yorkshire and Convent Garden in London, we've helped thousands across England and Wales to reduce stress with our simplified approach.

Communication is key

At Banner Jones, we have an award-winning team of conveyancing solicitors with a wealth of experience and offer an excellent personal service.

Give us a call – it’s free!

Find out for yourself, call our friendly London Conveyancing Solicitors on 020 8031 2731 and ask for a free no obligation quote. If you've got any other questions, feel free to ask. Our team are more than happy to help.