conveyancing-solicitors-redhill-2Conveyancing

We have an experienced conveyancing department who offer competitive and professional services in all areas of residential property including sale and purchases of both freehold and leasehold properties, Lease extensions, re-mortgages and Transfers of Equity.

Juliet Howes is one of our partners specialising in residential property. She qualified as a Licensed Conveyancer in 2010, becoming a partner in 2015.

She is approachable and efficient, always dealing with matters in a calm and professional manner. Please do contact her for an estimate or with a query at juliethowes@owenandco.co.uk

Sophie Maiden joined the firm as a Paralegal in 2019 assisting the conveyancing department, and has recently qualified as a Licensed Conveyancer.

Email: sm@owenandco.co.uk

Cherrill Owen is the managing partner in the conveyancing department, and has always ensured the quality of the department has been second to none since founding the firm in 1993. She has assisted the firm with achieving membership to the Law Society’s Conveyancing Quality Scheme.

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 Land Tax 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.

Please do telephone or email us with details of your proposed transaction.  We can then provide you with a written quotation setting out our full costs and disbursements.

The work will be carried out by our conveyancing partner, Juliet Howes, or Sophie Maiden, our Licensed Conveyancer.

This information is provided for guidance only

Our fees are typically between £1,200 to £2,500 plus VAT and disbursements depending on the type of property.

Our ‘typical’ fees for an average transaction:-

  • Purchase or sale of a residential, freehold house with a value of £500,000 with a mortgage – £1,300 plus VAT
  • Purchase or sale of a leasehold property with a value of £500,000 – £1,600 plus VAT

You will also need to pay disbursements and we will give a full breakdown of these depending on your transaction in our quotation. However, to give an idea, typical disbursements you should expect include the following:

  • Our Bank Telegraphic Transfer for sending monies by CHAPS – we currently charge £37.50 plus VAT per transfer
  • Our electronic ID/source of funds verification – This will be dependent on the transaction type and the number of clients.
  • Sale only – Land Registry Official Copies, Plans or documents – £3 plus VAT per copy
  • Leasehold Sale only – Landlord/Managing Agent’s Fees for supplying leasehold management information.  We estimate these will be in the region of £300-500 (potentially plus VAT) but it will depend on the Landlord and/or Management Company.
  • Purchase
  • Land Registry Searches – £3.00 per Title
  • Bankruptcy Search – £2.00 per name
  • Our Search Pack fee, which would include a Regulated Local Authority Search, Environmental, Drains and Plans Searches – £350 plus VAT (this may vary depending on the type and location of the property)
  • Land Registry Registration fees – £45 to £1105 depending on the Property value as per the Land Registry’s Scale of fees (if submitted electronically)
  • Stamp Duty Land Tax– This varies depending on the transaction, value of the property and the current rates at that time. Details can be found on HMRC website together with an online calculator.
  • Leasehold Purchase – Landlord/Managing Agent’s post-completion fees – these will vary but we estimate between £300-500 plus VAT.

How long will my transaction take?

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 8 to 12 weeks, but it will depend on everyone else in the chain. If you were buying a leasehold property that needed a Lease extension it could take much longer, from 8 to 16 weeks.

The standard steps on a purchase vary, but key stages for you to include are: take your instructions and verify your identity; check finances and mortgage; receive and advise on Contract documents; carry out searches; make any additional enquiries with the seller’s solicitors, report to you fully and arrange for you to sign the 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  Land Tax and register you at the Land Registry and give Notice of the matter to the Landlord or any estate Management Company, if required.