Thank you very much for all your hard work in the sale of our house. You made the whole process seem very smooth and easy and we have really enjoyed working with you.
James and Laura Holdsworth
Buying a house is one of the biggest purchases you will ever make and it is important to ensure that the legal aspects of your house move are handled as quickly and efficiently as possible.
Our Residential Property team are here to help. Our offices in Ashford, Canterbury and Herne Bay are now open for clients with pre-booked appointments. Alternatively your appointment can be conducted by telephone or video conferencing.
Meet Louise Farrow, Residential Property Partner:
Our conveyancing specialists are all experts in their field and know the local area well. If you are buying or selling property our Residential Property team are available at all of our offices - Ashford, Canterbury and Herne Bay. You will find our Residential Conveyancing team easy to talk to and we will keep you fully informed as your transaction progresses. It is often better to use a local conveyancing Solicitor rather than online conveyancing as a local conveyancer will have knowledge of your area.
Choose an Expert Property Lawyer
Our expert residential property Solicitors and executives deal with all aspects of conveyancing and our services include:
- Buying and selling freehold and leasehold property (including buy-to-lets)
- Advice on Help to Buy Scheme and Right to Buy
- Sale and purchase of freehold land, plots of land and new developments
- Remortgage advice
- Transfer of Equity
- Shared Ownership Homes/joint tenancy
- Releasing equity
- Easements and Covenants
- Possessory Title
- First Registrations
For advice on the Capital Gains Tax implications of second homes, or when buying, selling or gifting property, contact our in-house tax specialist, Joanne Beale.
Conveyancing Quality Scheme
Our conveyancing Solicitors and executives are dedicated to excellent client care, outstanding legal performance and the delivery of an exceptional service; we follow the Law Society's Conveyancing Protocol. We also hold the Law Society’s accreditation for the Conveyancing Quality Scheme (CQS), a mark of excellence for the home buying and selling process. This means that we have demonstrated the necessary skills and expertise to provide residential conveyancing advice and give you all the information you need to understand the conveyancing process.
We hold the Law Society’s accreditation for the Conveyancing Quality Scheme (CQS), a mark of excellence for the home buying and selling process.
Our Fees - Residential Property Transactions
You can find full details and examples of how we calculate our conveyancing charges below.
For every new conveyancing enquiry, we will speak with you to understand your specific circumstances and the key details around your transaction. We'll then produce and send to you an individual quote, tailored specifically to these circumstances. It would not normally be necessary to incur additional costs other than those described in the quotation provided to you.
To request an exact quote tailored to your individual case please call us on 01233 664711 (Ashford) | 01277 768374 (Canterbury) | or 01227 367355 (Herne Bay). Or send us an email email@example.com. Alternatively, please feel free to contact a member of our property team directly or fill in our conveyancing quote form.
CHARGES, FEES & TIMESCALES
Our charges are made up of:
- Our fees for the legal work
- ‘Disbursements’ - disbursements are costs related to your matter that are payable to other people, such as Land Registry fees. We handle the payment of the disbursements on your behalf to ensure a smoother process
- For property purchases, Stamp Duty Land Tax (see below).
- Where VAT is referred to below please note that this will be charged at the applicable rate.
Our fixed fees depend upon the value of the property you are buying or selling and are listed below:
|Property Value||Our Fee (ex. VAT)|
|Up to £500,000||From £1,000.00 to £1,500.00|
|£500,001 - £1,000,000||From £1,500.00 to £1,750.00|
|£1,000,001 and above||From £1,750.00 to £10,000.00|
There are a number of factors which can affect the complexity of a conveyancing transaction and the quotation you will be given, such as the value and nature of the property, the number of proposed buyers/sellers and how they intend to hold the property between them, whether the property is leasehold or freehold, and geographical location.
Every transaction is different and in order to provide you with a fixed fee quotation we will take detailed information from you about the proposed transaction. To give you an understanding of our pricing the following are examples of quotations for transactions of varying size and complexity. These examples are for illustrative purposes only and are not a guarantee of the fixed fee quotation which you will receive as this will be tailored to your specific situation:
Example 1 – The purchase or sale of an unregistered Freehold property as an investment subject to a lease. Value £500,000.00. Our fee would be £1,650.00 (excluding VAT and disbursements).
Example 2 – The purchase or sale of a piece of land to use as garden land. Value £5,000.00. No complicating factors. Our fee would be £1,000.00 (excluding VAT and disbursements).
Example 3 – The purchase or sale of a registered Freehold property. Value £250,000. Two purchasers to hold the property as Tenants in Common in equal shares. Our fee would be £1,000.00 (excluding VAT and disbursements).
If you are buying and selling a property then a charge would be made for both the sale and the purchase. If you are simply re-mortgaging your property then we charge a fixed fee from £650.00 (excluding VAT and disbursements).
If you are buying, selling or re-mortgaging a ‘leasehold’ property (rather than a ‘freehold’) our legal fee will take in to account the additional time taken in considering the lease terms.
Please note that VAT at the applicable rate is also charged on all of our fees or legal work.
The ‘disbursements’ which you pay will depend upon whether you are buying or selling property or both, whether you are buying a freehold or leasehold property and the location and type of property concerned. Properties in certain locations for example need more searches and checks than others.
Normally all clients who are buying a freehold property will need to pay the following disbursements:
- Search fees £350.00 excluding VAT (estimate)
- HM Land Registry fee from £135.00
- Land Registry Priority Search - £4.50
- Bankruptcy Search £3.30 per client
When selling a property you will ordinarily need to pay the following disbursements:
- Land Registry Office Copy Entries and Title Plan £4.50 per entry
If the property is a leasehold’ property then the disbursements will be different and normally consist of:
- Notice of Transfer fee – This fee if chargeable is set out in the lease. Often the fee is between £50.00 - £200.00
- Notice of Charge fee (if the property is to be mortgaged) – This fee is set out in the lease. Often the fee is between £50.00 - £200.00
- Deed of Covenant fee – This fee is provided by the management company for the property and can be difficult to estimate. Often it is between £50.00 - £200.00
- Certificate of Compliance fee - To be confirmed upon receipt of the lease, as can range between £50.00 - £200.00
- Leasehold Management Pack – This fee is chargeable when selling a leasehold property. Often it is between £150.00 - £600.00
Stamp Duty Land Tax.
If you are buying a property you will also need to pay stamp duty land tax. The amount which you need to pay to the government depends on the price of the property. To provide an accurate estimate of the SDLT you will need to pay – we will need to know the purchase price of the property, whether you are a first time buyer, whether you own multiple properties and the purpose for which you will own the property and whether you have lived overseas in the last year.
Other costs to consider
If you have a mortgage on the property or have incurred an estate agent’s fee, we would also typically need to pay the money owed directly to your lender and agent as needed from the sale money we receive for you.
You should also be aware that if you are purchasing a leasehold property then ground rent and service charges are likely to apply throughout your ownership of the property. We will confirm the ground rent and the anticipated service charge as soon as this we receive this information.
How long will my house sale / purchase take?
After we have received your instructions, your completed questionnaire, payment, and the appropriate forms of identity, we will begin work on your behalf.
The average time for a conveyancing transaction from instruction to completion is about two months, or one month for a re-mortgage. However, the time an individual case takes to complete can vary greatly from this average, depending on the circumstances; largely the result of the readiness and willingness of all parties to proceed.
We will always do our best to be proactive at all times and at no stage in the process become the reason for delay.
Here are some examples of factors which can affect a conveyancing transaction time:
- Delays in completing the property information forms.
- Delays in responses or actions from third parties e.g. the other side’s solicitor
- Delays elsewhere in a chain of transactions
- Where the resolution or conclusion of a matter is dependent on probate or divorce proceedings
- Unforeseen factors e.g. demands of existing tenants in the property or obtaining planning and building regulation consents for works undertaken
The precise stages involved vary according to the circumstances. However typically in a property sale we need to do the following:
- Liaise with your estate agent and request the memorandum of sale
- Request your title deeds or obtain a duplicate of your legal title (if registered) from the Land Registry
- Prepare and issue a draft contract to the buyer’s solicitor
- Answer any standard enquiries raised by the buyer’s solicitor relating to the sale of the property
- Request a redemption statement from your lender(s)
- Keep you updated at regular intervals
- Prepare a completion statement and bill in accordance with your Terms and Conditions
- Complete the transaction and transfer the completion monies in accordance with the contract and completion statement.
In a property purchase we need to do the following:
- Investigate the title to the property, including carrying out title and local government searches, and reviewing replies given by the seller to pre-contract enquiries
- Summarise the information about the property in a report on title
- Agree a purchase contract with the seller, advise you on its provisions and arrange for you to sign it and pay the deposit
- Prepare and agree with the seller the document which will transfer ownership to you
- Advise you about your mortgage (if any) and arrange for you to sign the mortgage deed
- Complete the purchase for you and transfer funds by bank transfer to the seller’s solicitors
- Prepare your Stamp Duty Land Tax Return and arrange payment to HM Revenue & Customs
- Register your purchase and mortgage (if any) at the Land Registry
- Keep you updated at regular intervals.
If we are simply helping you to re-mortgage your property then we would generally speaking only need to:
- Take your instructions and give you initial advice
- Carry out searches on the property you are buying where appropriate
- Obtain further planning documentation if required
- Go through conditions of mortgage offer with you.
- Send final documents to you for signature
- Apply for mortgage advance.
- Redeem any previous mortgages
- Deal with application for registration at the Land Registry.
Who will be dealing with my matter?
Your conveyancing transaction will be handled by a trusted member of our experienced property team. Once we know who will be handling your case for you we will introduce you to them and provide you with full details of their background and qualifications. Please see full details of the experience and qualifications of our team ar including the types of work normally undertaken.
Our range of services is similar to many other residential property specialists, so what makes us different?
Efficient, Professional, first class and highly recommended – are just some of the words our clients have used to describe our approach and the service and support we have given them.
Read more about what our clients say.
We Work With You
For further advice and information on conveyancing, contact a member of our Residential Property team today or call into your local office.
Thank you for taking the time to look at our website. We hope that you will decide to use Girlings as your conveyancer.