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Conveyancing & The London Property Market

London MJP Conveyancing are a national firm of solicitors specialising in residential conveyancing. With over thirty years of experience, we are well-versed in dealing with London properties.

Whether you are taking your first step onto the ladder with a shared ownership purchase, investing in a buy-to-let leasehold flat or upgrading to a larger residence on the city's outskirts, we have the expertise to guide you through the process.

As an award-winning online conveyancing solicitor, MJP offer a bespoke online service that ensures your conveyancing experience is efficient, transparent and most of all convenient for you.

Most importantly, we provide a first-rate London service without the London prices!

Common Conveyancing Issues in London
A high proportion of properties in London will be leasehold properties rather than a freehold. This poses some tricky issues for solicitors when conveyancing. When buying a leasehold flat, buyers should consider:

  1. The length of the lease. Your ownership of a leasehold extends only so far as the length of the lease and extending a lease is not always easy: you must gain the consent of the freeholder(s) and it is normally a very expensive process.
  2. In addition to the usual costs of buying a property, a leasehold purchaser will incur extra costs such as being liable for annual service charge and ground rent. Depending on the terms of the lease, these costs can escalate into the thousands of pounds. Also the management companies may charge their own administrative fees when you come to buy and sell a leasehold property.
  3. Major works to a property and their associated costs can often be borne by the leaseholders. Sometimes a 'reserve fund' or 'sinking fund,' made up from leaseholder contributions over time, will cover these costs. In other scenarios leaseholders can end up paying thousands of pounds for works – for example, installing a new lift in a block of flats. Even if the purchase price is affordable, consider whether you have the capital to cover the cost of any potential works, particularly if you are buying in a large block of flats.

There is lots of useful information available online and it is important for buyers to make themselves aware of the added risks and expense of buying leaseholds. This short 2016 guide to major works from The Leasehold Advisory Service is a good place to start:

If you would like a conveyancing quote for your London property, or anywhere else in England and Wales, please complete our Request a Quote form, and a member of our New Business team will contact you shortly with a bespoke quotation.

01603 877066 or 01603 877067

Our phone lines are open Monday to Friday 9am-5pm. Please note our phone lines will however be closed for lunch between the hours of 1pm and 2pm.

company address
69 - 75 Thorpe Road,
Norwich, NR1 1UA
Phone: 01603 877066 or 01603 877067
FAX: 01603 230125
copyright © 2017 MJP Conveyancing. All Rights Reserved

*MJP Conveyancing LTD is authorised and regulated by the Solicitors Regulation Authority – SRA No. 590889

MJP Conveyancing Ltd is a company registered in England and Wales Registered No: 8026741 VAT Number: 157917571. A full list of the directors is available upon request. We use the word 'Partner' to refer to a Director of the Limited Company, or any employee or consultant with equivalent standing and qualification. Equality and Diversity Policy Equality and Diversity Policy Statement for Clients * - In calculating this we measure the average time it takes to reach the stage of exchange ( not the date you actually move in which is known as the completion date) from the date we receive the contract from the sellers solicitors or from when we send the contract to the buyers solicitors. This period can be longer when delays arise which are not within our control. We cannot guarantee that we can achieve this average turnaround time in all transactions. This turnaround time does not apply to leasehold and leasehold and new build transactions.