Compare Property Conveyancing Solicitors in East London

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Used by over 1 million movers in the UK
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Save up to 70% on the cost of moving

Moving to East London? Save on Your Property Conveyancing Costs

Compare My Move can connect you with up to 6 licensed London conveyancers. You can save up to 70% on your conveyancing fees for your move to East London.

Our partners have passed our verification process. This includes proving that they are regulated by either the SRA, CLC, LSS, LSNI, or CILEX. Our team will then monitor each partner to ensure that they are performing to the best standard.

Your conveyancer will provide you with guidance through the legal aspects of the buying and selling processes. They can explain any legal jargon and will conduct crucial conveyancing searches. The searches will highlight any environmental risks that can affect the property.

Our East London Conveyancing Solicitors

    As seen in: BT

    FAQs About Conveyancing in East London

    The average conveyancing fee across the East London boroughs is £1,490 when buying and £1,430 when selling. The conveyancing process takes 159 days on average to complete in all London regions. 

    Our research found that there is a high risk of flooding in East London due to the close proximity of the region to the River Thames. All London regions have issues with subsidence due to the high concentration of buildings and people. However, East London also has low radon gas levels. 

    Why Hire an East London Conveyancer?

    Your conveyancer will guide you through the process, explaining any legal jargon you don't understand. They will also conduct crucial conveyancing searches which will highlight any environmental risks.

    East London includes Barking and Dagenham, Hackney, Havering, Newham, Redbridge, Tower Hamlets, and Waltham Forest. According to the UK House Price Index, 17,602 existing properties and 2,024 new builds were sold in the East London area across the past year. In Waltham Forest, terraced properties increased the most in price, rising by as much as 8.5%. However, in the other boroughs, detached properties rose the most in price, increasing by an average of 11.1%.

    Instructing a conveyancer as soon as your offer is agreed upon will ensure that you experience a more efficient process. Here are some tasks that your conveyancer will carry out:

    • Checking through the contracts and raising queries
    • Liaising with mortgage lenders and other relevant parties
    • Conducting conveyancing searches
    • Arranging the exchange of contracts
    • Agreeing on a completion date
    • Paying disbursements such as Stamp Duty on your behalf

    Bear in mind that this list is not exhaustive and your conveyancer may have to carry out additional steps.

    Data taken from UK House Price Index

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    How Much are Conveyancing Solicitor Fees in East London?

    Our team found that the average house price in East London is £453,887. Those buying a property can expect to pay approximately £1,490 for freehold and £1,650 for leasehold in conveyancing fees on average. When it comes to selling a property, the average conveyancing fees are £1,430 for freehold properties and £1,580 for leasehold properties.

    The conveyancing cost will differ depending on a variety of factors such as property type and location. For example, those purchasing a leasehold property can expect to pay more in conveyancing because of the extra costs involved.

    The cost will be a culmination of disbursements, searches, and legal fees. You'll also need to pay for a Local Authority Search. Across the East London boroughs, the average is £203.50 including VAT.

    Data taken from Compare My Move’s Moving House Calculator

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    How Long Does Conveyancing Take in East London?

    In East London, the conveyancing process takes approximately 159 days to complete. The national average is also 159 days.

    However, the total time from initial listing to completion day in East London is 297 days on average. The national average is 274 days. This means that properties in East London are more likely to sit on the market for a longer period before an offer is accepted.

    There are certain cases, such as buying or selling a leasehold property, that can prolong the conveyancing process. This is because your conveyancer will have to submit more documentation and paperwork.

    Data taken from Get Agent

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    What to Expect From Conveyancing Searches in East London?

    Conveyancing searches are a crucial part of the process. They will help to uncover any environmental issues that can impact the property. These searches will look into flood risks, subsidence issues, and radon gas levels.

    All East London boroughs have a high-risk flood warning. This is because the River Thames flows through this area. Therefore, properties nearby are at risk of flooding during heavy rainfall. There is also a high chance of surface flooding. Make sure you read this section of the report thoroughly before making your decision.

    As with all areas in London, East London has a history of subsidence issues. This is because there is a higher concentration of clay in the soil. This combined with the large population and numerous office blocks mean that there is a great level of pressure put on the ground. This means that conveyancing searches are extremely important if you are buying a property in the area.

    Radon gas levels are low across all boroughs in East London, boasting a less than 1% exposure. This means that this should not be a problem when buying a property in the area.

    Data taken from Get The Data and Geobear's Subsidence Map

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