conveyancing-solicitors-redhill-2Residential Conveyancing

Cherrill Owen is the managing partner for the conveyancing department, having dealt with all aspects of home ownership and finance during her career. She and Nicholas Hodges, the matrimonial partner, founded the firm in 1993 and have guided the firm to its current size.  She has many years of experience in all aspects of residential conveyancing, both freehold and leasehold, and ensured the firm was one of the earliest to achieve membership of the Law Society’s Conveyancing Quality Scheme.

Juliet Howes is a partner specialising in conveyancing.  She joined Owen & Co in 1999 when her excellent potential was spotted early.  She quickly became a Licensed Conveyancer with the firm and then a valued partner. Approachable and efficient, please email her for an estimate or with a query, on juliethowes@owenandco.co.uk

Elaine Kinkade is a partner who jointly with Juliet runs the conveyancing department.  She has a wealth of experience and local knowledge, having been involved with conveyancing for over 25 years.  She is also a registered Licensed Conveyancer.

Elaine’s email is ek@owenandco.co.uk and she will be happy to send you a quote or discuss your queries.

CONVEYANCING COSTS

We operate a fixed fee pricing model.  Our costs include all the work required to complete a sale or the purchase of your new home throughout England and Wales, including all standard mortgage work, dealing with the payment of Stamp Duty and arranging for registration at the Land Registry. We do not pay any referral fees as we prefer to let our work do the talking and rely on satisfied clients’ recommendations.  We do not add any postage etc. costs, nor additional fees for acting speedily and your bill will normally only contain the costs quoted, plus any vat charged on them, and the disbursements or payments that need to be paid to someone else, e.g. search fees, land registry fees, bankruptcy fees etc. Particular points on which we pride ourselves are not charging extra for acting on standard mortgages or for completing your application for any stamp duty payment, and only adding the actual amounts charged by the Land Registry etc. for searches, without adding any additional admin. fees.  We do charge extra for shared ownership schemes, and help to buy ISAs. We would strongly suggest that you telephone or email with details of what you are doing- e.g. the price and  whether it concerns a sale/purchase/remortgage/freehold/leasehold/lease extension /buy to let/newbuild/estate management scheme/shared-ownership/ unregistered/ help to buy and where it is/if you have or need a mortgage, how many of you there are, if this is your first home, or any other information that you have on the matter.  We will then give you a written firm quotation that you can rely on.

The work will be carried out by our conveyancing partners, Juliet Howes and Elaine Kinkade.

 

Our range of fees for a FREEHOLD residential property are £800 to £1500, and the average is probably under £950.  So an average bill on a price of £500,000 will look like this;

Our costs on the sale/purchase £950
Our id checks – per person£6
Our bank transfer fee, each£37.50
Vat (current rate 20%) on above fees£198.70
Total of costs above£1192.20
Payments to third parties on purchase only
Local search (eg for Redhill Reigate or Horley)
£234
Environmental Drains and Plans searches £158.40
Land Registry search£3
Bankruptcy search, per person£2
Land Registry fees£135
Stamp duty at current rates£15000
Total of costs and disbursements £16724.60

A sale will would include the costs only, at £1192.20, plus any copies needed from the Land Registry at £3 each and the actual sums charged by anyone else for copy planning permissions or similar documents.

 

Again, we include all the standard work for buying or selling a LEASEHOLD property in our overall fee. Leasehold matters do, however, have quite a few additional disbursements that may need to be paid to other people, such as the landlord and any managing agents or their solicitors, and the land registry for copy documents on a sale; and you may find that the exact disbursements or payments cannot be estimated by us at the beginning of a matter if we only find them out later. We will discover the details once we have started to go through the lease and other papers, and will let you know as soon as we know these.

Our range of fees for a LEASEHOLD sale or purchase are £950 to £1,500, and the average is probably £950.  Thus an average sale bill will look like this:

Our costs on the sale£950
Our id checks – per person£6
Our bank transfer fee, each£37.50
Vat (current rate 20%) on above fees£198.70
Total of costs above£1192.20
Payments to third parties on sale only
Land Registry copies of title etc. £15
Management pack – estimated£300
Total of costs and disbursements£1507.20

A leasehold purchase at, say, £350,000 will have many more unknown disbursements, as mentioned, but our costs will again normally include all the usual items to complete your purchase and register you at the land registry and with the landlord (and send any notice fees we have to collect from you to him without adding any admin fee). Local search fees vary, as each council charges a different amount.

Our costs on the purchase£950
Our id checks – per person£6
Our bank transfer fee, each£37.50
Vat (current rate 20%) on above fees£198.70
Total of costs above£1192.20
Payments to third parties on purchase
Local search (eg for Redhill Reigate or Horley)
£234
Environmental Drains and Plans £158.40
Land Registry search£3
Bankruptcy search, per person£2
Land Registry fees£135
Stamp duty at current rates£7500
Notice fees – estimated £200
Total of costs and disbursements £9424.60

The time taken from your offer being accepted until you can move into your new house will depend on a number of factors.  The average process takes between 6 to 8 weeks. It will depend on everyone else in the chain, but if there is no chain and your mortgage is ready, it can be as quick as 4 weeks.  If you were buying a leasehold property that needed a lease extension it could take much longer, from 6 to 16 weeks.

The standard steps on a purchase vary, but key stages for you to include are: take your instructions and give initial advice; check finances and mortgage; receive and advise on contracts documents; carry out searches; make any additional enquiries with the seller’s solicitors, report to you fully and sign contract; get your deposit; agree a completion date with you; exchange contracts; obtain balance of money needed; complete the purchase; deal with the payment of your stamp duty and register you at the Land Registry and give notice of the matter to the landlord or any estate management company

 

You can also call us on: 01737 760036