Bridgend Conveyancing: FAQs
Our Bridgend conveyancing experts tackle some of the common questions we get asked by home buyers and sellers.
Buying property in Bridgend
I am buying a new build property in Bridgend - what do I need to know?
The conveyancing for acquiring a new build in Bridgend .
Your solicitor in Bridgend must be able to deal with things like handling reservation fees, checking that any contracts allow for future 'common parts' maintenance and working with warranty providers, including NHBC, Advantage HCI and Global Home Warranties.
How much is the Council Tax in Bridgend County Borough Council in 2022?
Bridgend is situated in Bridgend County Borough Council. Council tax bands are as follows:
|Band||Bridgend Council Tax (2022/23)|
Will I need property searches when buying a property in Bridgend?
Searches are questions submitted to a number of authorities by Bridgend conveyancing solicitors to identify issues affecting the home you want to buy. Mortgage lenders also usually require conveyancing searches to be purchased.
I am buying a leasehold property in Bridgend - what do I need to know?
Buying a leasehold flat in the UK can be complex when compared to purchasing a freehold. The many potential traps awaiting an uninformed purchaser can include legally technical issues like unpaid service charges by the existing leaseholder and leases with fewer than 80 years to run.
Your solicitor will look into all potential issues with the lease and report back to you.
Selling property in Bridgend
Does a leasehold property take longer to sell?
Yes, it can take much more time to carry out the conveyancing on a leasehold property when compared to conveyancing on a freehold house.
The solicitor acting for the buyer will need to review these documents, such as details of any breaches by other leaseholders. Delays are usually caused by the time it takes the solicitor to source this information.
It could take several weeks to collect these details if it is difficult to contact the agent responsible for managing the property, so the solicitor should get this underway as soon as possible.
Remortgaging in Bridgend
Will I need a conveyancing solicitor if I am remortgaging my Bridgend property?
The base rate is now at 1.25% (June 2022). A proactive conveyancing solicitor in Bridgend can get you onto your new rate as quickly as possible.
Conveyancing solicitors can act for most UK lenders, so whether you are you are moving to a lifetime tracker mortgage with the NatWest or to a repayment mortgage with the Harpenden Building Society, we can help.
Transferring equity in Bridgend
I want to transfer equity in my Bridgend home - how does this work?
Transferring equity in a residential property can be complicated. Most people complete the transfer process through a conveyancing solicitor.
Your solicitor will advise on the options for joint ownership, complete the HM Land Registry paperwork, and deal with Stamp Duty (SDLT). The solicitor can also handle the legal work for your remortgage if necessary.
Comparing Conveyancing Quotes in Bridgend
What's the difference between fees and disbursements?
Legal fees are paid to your property lawyer. Depending on your circumstances, these could include a shared ownership fee or acting for mortgage lender fee.
Disbursements are costs paid to third parties, such as local councils.
How much should I be paying for conveyancing in 2022?
Market research in July, 2022 shows that the actual cost of conveyancing can vary significantly between property lawyers.
To accurately compare Bridgend conveyancing quotes, you should be aware of the potential additional fees charged by some solicitors that could increase the cost of your property sale or purchase.
General Bridgend property lawyers FAQs
How much are conveyancing fees for buying or selling a home in Bridgend?
Conveyancing fees are made up of 2 parts: legal fees and disbursements.
Disbursements are the extra third-party costs incurred on behalf of a buyer or seller, e.g. Land Registry fees or conveyancing searches. Legal fees are for the legal work carried out by the solicitor.
Your conveyancing fees for buying or selling a house in Bridgend are fixed, so what you pay is exactly what you see in your quote.
Calculate the conveyancing fees for your Bridgend move
Our online conveyancing fees calculator gives an instant conveyancing quote with a comprehensive list of all fees, costs and disbursements for your Bridgend sale or purchase.
How we can help you
If you are buying, selling, remortgaging or transferring equity in a property in Bridgend and need an expert conveyancing solicitor, we can take care of the legal side of your move.
We work with a panel of specialist conveyancing solicitors to deliver a stress-free moving experience.
- No Move, No Fee Guarantee
- Fixed fee conveyancing service
- Bridgend experts
- CQS-accredited panel solicitors
All-inclusive quote from £384 inc VAT