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Our Conveyancing Team has over 60 years of collective experience in delivering a high quality service dealing with both freehold and leasehold transactions. This includes sales and purchases, mortgages and re-mortgages.

We have six members in the Department who may work on your matter, regardless of who works on your matter, regardless of who works on your matter the Supervisor is Richard McConnell.  He joined the firm in 2005 and became a Director in  2018. The team is as follows:-

Richard McConnell - Director/Head of Department (25 years of experience)

Richard Greenby - Partner (12 years of experience)

Jeremy Galman - Partner (13 years of experience)

Naziana Sarah Mehdy - Partner (11 years of experience)

Helen Nicholas - Solicitor (1 year qualified, 3 years paralegal experience)

Tia Lim-Watts - Trainee Solicitor

ALL TRANSACTIONS

You will have to budget for both our fees and disbursements which are incidental standard costs payable to third parties e.g. Local Authorities, Land Registry and Inland Revenue. We, as the acting Solicitors in the transaction, handle the disbursements on your behalf in order to ensure a smoother process

FEES

Fees for conveyancing matters are charged on a fixed fee basis. These are linked to the price or value of the property and in order to assist you the following table sets out our current fee structure. All fees are exclusive of VAT. We strive to ensure that you have the best possible information about the likely overall cost both at the time you instruct us and, when appropriate, as the matter progresses. In the majority of cases we act for any Lender/Mortgagee which you may have but should this not be the case, and we shall advise you as soon as we know, then an Additional Independent Lender Charge of £150 will apply

SALES AND PURCHASES

Property ValueFreeholdAdditional Leasehold Charge
Up to £400,000 £1025 £100
£400,000 to £600,000 £1075 £150
£600,000 to £800,000 £1275 £150
£800,000 to £1m £1375 £200
£1m to £1,5m £1875 £200
£1.5m to £2m £2100 £200

Over £2m we are happy to discuss and agree our fee.

MORTGAGES AND RE-MORTGAGES - £550

It is most important you appreciate that the above quotations are on the basis that the transaction proceeds in a timely manner with no unforeseen technical or other issues arising which result in unusually protracted correspondence. You will be advised of any unforeseen complexity arising at the very earliest opportunity. Most transactions completed within 4 to 16 weeks and for this reason we reserve the right to review our quotation if completion has not taken place within 6 months of initial instructions.

In addition, we deal with shared ownership schemes, help to buy, new builds and problem-solving where property is involved and for these matters we are once again happy to agree fees

DISBURSEMENTS

The standard disbursements anticipated for a purchase transaction are set out below. The list is not exhaustive and other disbursements may apply depending on the particular circumstances including referral fees about which you will be advised in our client care letter and indemnity policies if required.

Search fees             Approx. £400- 500

Land Registry Search          £3 (per title)

Bankruptcy search per name    £2

Bank transfer fee £30 plus VAT

Land Registry fee ranging between £20 and £910 depending on purchase price/value

Stamp Duty Land Tax – this is quite complicated to calculate.  You can check the HMRC website or give us a call.

If a LEASEHOLD property there are additional disbursements as stipulated in the Lease.  Notices of Transfer and Charge £35 to £200 per notice, Deeds of Covenant £50 to £350 and Certificates of Compliance £50 to £350 

STAGES OF THE CONVEYANCING TRANSACTION

The table below sets out the main stages of the conveyancing transaction from the perspective of both the seller and the buyer and approximate time periods for each stage.

The time period for each conveyancing transaction is different and depends on many factors which are outside of the control of the parties such as delays in obtaining search results , the mortgage offer and management information in leasehold transaction.

The average time period for a conveyancing transaction from start to finish is approximately 3 months.

Time Period

Seller Solicitor

 

Buyer Solicitor

 

 

INSTRUCTION OF SOLICITORS AND PROVIDING ID

   

Providing information on funding

0 – 7 days

 

Draft contract and prepare Replies to enquiries/deduce title.

Submit to Buyers solicitors     

 

7 – 14 days

 

Receive contract and title information and Replies to enquiries.

Checking and raise any Additional enquiries.

Arrange relevant searches

14 – 28 days

 

Reply to all additional enquiries  

  

 

1 – 2 months

 

Consider replies to additional enquiries

Receive and consider mortgage offer                                                                                                                           Consider survey report 

   

Report to client

 

Arrange signing of contract

Arrange signing of contract and payment of Deposit for exchange of contracts

3 months

Arrangement of completion date

 

EXCHANGE OF CONTRACTS and payment of Deposit to Seller Solicitors

 

Notification of parties of parties of exchange of contracts

   

Carry our pre completion searches

Draft transfer deed and raise requisitions   Request mortgage advance from lender Prepare completion statement for Buyer

 

Approve transfer deed and reply to Requisitions  and arrange Seller to sign Transfer deed

 
   

Arrange signing of mortgage deed                                                                                                                       Receive mortgage advance and any funding from the Buyer

16 weeks

COMPLETION

   

Send the purchase monies to Seller

Solicitors

 

Receive completion monies and release keys

Discharge any mortgage on the title

 
   

Collect keys and move in

 

POST COMPLETION

 

Send deeds to the buyers solicitors 

 
   

Receive deeds 

Submit the SDLT return and pay the SDLT

Application to Land Registry

If leasehold notify the landlord

20 weeks

(Registration takes longer if a new lease transaction)

   
   

On  completion of registration notify the Buyer and the lender        

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