Conveyancing - Buying or Selling Your Home
For most of us our home is the biggest financial investment we will ever make. Whether you are buying or selling we know that this can be a stressful time so our conveyancing specialists make sure that your transaction runs smoothly and as stress free as possible.
How do we do that?
- We keep you advised of progress at every stage
- We make sure that your conveyancing is dealt with by an experienced solicitor with local knowledge
- We work on a fixed fee basis so there are no nasty surprises for you
- We give you direct e-mail addresses for the solicitor dealing with your matter
- We provide practical advice and guidance
- We provide one point of contact for you throughout your transaction
- We ensure that you have face to face access to your solicitor
We can provide legal assistance with the following:
- House Sales and Purchases
- Re-mortgages
- Assisted Purchase Schemes
- Buy To Let
- Equity Release
- Deeds of Gift
- Declarations of Trust
- Investment Properties
- Leasehold Purchase
- Property Transfers
- Right to Buy
- Shared Ownership
- Tenancy Agreements
- Transfer of Equity
- Transfer of Ownership
How much will it cost?
We have set out below our fees in respect of the purchase or sale of a property together with the likely disbursements in respect of such transactions. Disbursements are payments which have to be paid on your behalf to third parties such as Land Registry fees.
Sale
Legal fees - £495.00 to £2,500.00 plus VAT (charged at 20%)
Land Registry fees - £6.00 to £50.00
Banking Fees - £15.00 to £45.00
In relation to the sale of a leasehold property there maybe further disbursements payable to the Landlord and/or Managing Agents. These fees can range from £75.00 to £500.00 and can only be ascertained from consideration of the Lease or enquiries with the Landlord and/or Managing Agents.
Purchase
Legal fees - £475.00 to £3,000.00 plus VAT (charged at 20%)
Searches – from £192.00
Land Registry fees – from £5.00
Banking Fees - £15.00
Land Registry registration fees - £20.00 to £910.00
Stamp Duty – This depends upon the purchase price and can be calculated by using HMRC’s website at https://www.tax.service.gov.uk/calculate-stamp-duty-land-tax/#/intro or if the property to be purchase is in Wales by using the Welsh Authority’s website at https://gov.wales/land-transaction-tax-calculator
In relation to the purchase of a leasehold property there maybe further disbursements payable to the Landlord and/or Managing Agents. These fees can range from £50.00 to £500.00 and can only be ascertained from consideration of the Lease or enquiries with the Landlord and/or Managing Agents.
For a tailored quotation in relation to conveyancing matters please contact one of our Residential Property Team solicitors which are Tony Randle, Tony Clark or Charlotte Richards.
How long will my conveyancing transaction take?
How long it will take will depend upon many factors, such as the number of parties in the chain, but the average process can take between 8 to 16 weeks. An indication of the key stages during the conveyancing process are as follows:
- Carry out Identification and Money Laundering Checks
- Obtain the contract documentation
- Make enquiries on the title to the property
- Obtain searches for the property
- Review any mortgage offer
- Obtain your signature on the contract and exchange contracts
- Obtain your signature on the Transfer Deed
- Obtain your signature on the Mortgage Deed if applicable
- Carry out HM Land Registry and Land Charges searches
- Provide a completion statement and effect completion
- Calculate stamp duty land tax (SDLT) and prepare and submit online to H M Revenue & Customs the appropriate SDLT form
- Register the purchase and mortgage, if applicable, at H M Land Registry.
