Updated: October 12, 2018

Bridport conveyancing solicitor fees and costs

No Move, No Fee conveyancing in Bridport

Conveyancing solicitor fees are the costs you pay conveyancing solicitors in Bridport for carrying out the legal work for a property transaction.

Are Bridport conveyancing fees and costs fixed?

Some conveyancing solicitors in Bridport carry out the legal work on a cost per hour basis. Some conveyancers will complete the work for a fixed fee (or 'No Move, No Fee'). Quittance's conveyancing solicitors work on a fixed No Move, No Fee basis, with no hidden extras. Your quote explains what you will pay when your sale or purchase goes through.

Besides conveyancing fees, what other costs are there?

In addition to the legal fees you will also have to pay for 'disbursements'.

Disbursements are the costs and expenses a solicitor needs to pay out on behalf of a client. These include costs like telegraphic transfer fees or local authority searches.

See: Complete list of conveyancing fees and disbursements

How much will the total conveyancing fees in Bridport cost?

Conveyancing fees in Bridport will be the same as anywhere else in the UK. However, there may be some variation in certain disbursements. For example, specific extra searches, e.g. a flood plain search, may be necessary and Local Authority Search fees can vary.

There are no hidden fees or nasty surprises with Quittance Conveyancing. For a standard conveyancing transaction, the fees we quote are the fees you pay. Work out the conveyancing fees for your move, with our conveyancing calculator: Click here

Quittance's conveyancing fees were substantially lower than the average solicitors' fees, and their service was first-rate

Conveyancing - Buying a property in Bridport

The legal work for a home purchase needs a conveyancing solicitor in Bridport to consider a wide range of issues. Examples of such issues are defective property title (e.g. the title is subject to an estate contract) and planning issues affecting the mortgageability of the home.

The buyer's solicitor will feed the results of their enquiries back to the buyer and their mortgage lender, deal with any legal issues and make sure that the title is registered in the name of the new buyer.

This part of the article discusses the aspects of the buying process for conveyancing solicitors in Bridport necessitating a deeper level of knowledge.

Your Bridport conveyancing solicitor must be lender-approved

Property purchasers have access to around 100 UK lenders, from a major lender such as the Co-operative Bank, to a less common mortgage lender like Platform. Before you appoint a conveyancing solicitor in Bridport, it is essential that you check that they are on the approved panel of your lender.

The majority of lenders are only happy to work with a restricted group of legal practices. If your solicitor is unable to act for your lender, the lender will need a second solicitor firm to act in their interests.

The home buyer will then have to cover this alternative solicitor's fees, and weeks could be added to the conveyancing process.

Your property transaction can be seriously delayed if you fail to confirm your property lawyer's lender panel status.

Quittance Conveyancing can perform the conveyancing for all banks and other lenders.

Conveyancing Searches (West Dorset District Council)

Property searches (sometimes referred to as 'conveyancing searches') are carried out by Bridport conveyancing solicitors to help spot any broader issues that could possibly impact how much the property you are buying will be worth. They include:

  • Local Authority search - includes a list of planning decisions that could affect the property
  • Drainage & Water search - includes the position of water mains and sewers, and whether the local authority is responsible for their maintenance.
  • Environmental search - describes hazards (such as historic flooding or mining subsidence) within 500m of the property. This search also identifies sites of contaminated land nearby.
  • Chancel repair liability - insurance is arranged to protect the buyer against any liability for local parish church repairs.

Further searches, such as a highways search or a commons registration search, may also be advised subject to the outcome of the initial searches.

The approximate processing time for LA searches from West Dorset District Council is 45 weeks. In these circumstances, faster personal searches will be recommended.

Checking planning permission status

Official Entries will also be ordered from HMLR by the homebuyer's conveyancing solicitor, helping to identify any issues, for example the title plan showing only very general boundaries or rights or restrictions on how the property may be used.

West Dorset District Council Council Tax

As a homeowner in Bridport, the applicable rate of council tax will vary depending on the value of the home (as assessed in 1991) and the number of people living in it. For example, for an average Band D residential property in Bridport, the council tax payable would be £1,926 per year.

Bridport conveyancing solicitors will inform a buyer of the home's tax band once they are themselves notified.

If the property is unoccupied for over 24 months, the owner will pay 150% of the relevant rate. Single person discount reduces the tax due to 75%, which would equal £1,444.

Other discounts and exemptions could also apply, e.g. a 10% discount for second homes or if the property is armed forces accommodation.

Band West Dorset District Council Tax (2018)
A £1,284
B £1,498
C £1,712
D £1,926
E £2,353
F £2,781
G £3,209
H £3,851

Is it possible to reduce my council tax band?

A property owner can also apply for their property to be reassessed. A refund may be due if the property is awarded a lower band. To appeal contact:

Valuation Office Agency
Vespasian House
Bridport Rd
Dorchester
DT1 1PX
Dorset

Stamp Duty on Bridport properties

The current Stamp Duty Land Tax threshold for residential properties is £125k.

The SDLT1 form is seven pages long, and HMRC fines those who delay in completing and returning it.

Quittance use smart case management systems to ensure that mistakes are not made on the Stamp Duty Land Tax process.

See Stamp Duty Land Tax examples for properties in Bridport:

  Average selling price (2018 to date) Stamp Duty Land Tax
Average price £303,851 £5,192.55
Average price (detached) £417,938 £10,896.90
Average new build £275,950 £3,797.50

Stamp duty relief for first-time buyers in Bridport

Relief is available on home purchases below £300,000 for first-time buyers. Following a change in April 2016, an SDLT surcharge of 3% is applied for purchases of additional property. Therefore, if a homeowner in Bridport bought a second home for the average price of £303,851 the SDLT would be £24,308.08.

Conveyancing solicitors in Bridport should ensure the right tax is paid.

Buying a flat? Leasehold conveyancing in Bridport

New build site

Buying a leasehold home without being aware of the facts is not recommended. Numerous legal issues could be lying in wait for an uninformed purchaser, such as exponential ground rents, unfair clauses in the lease and sinking fund issues.

Misguided leasehold advice, from an inexperienced lawyer, could have serious financial consequences.

A specialist conveyancing solicitor in Bridport will investigate aspects of the leasehold purchase, such as share of freehold complexity, service charge records from the last three years and reviewing the lease itself (some documents can be centuries old).

Make sure that you are fully-informed regarding your decision to buy a leasehold property - Call Quittance Conveyancing's leasehold conveyancing solicitor team on 0800 612 0377 today.

Buying a 'New Build' property in Bridport?

Building site

1 newly-constructed homes have been bought in Bridport in 2018 so far, according to data sourced by Her Majesty's Land Registry. The average purchase price of Bridport new builds is £275,950.

A new-build conveyancing solicitor in Bridport must be familiar with both local Bridport issues as well as the extra complexities associated with new build, including checking planning conditions have been fulfilled and dealing with failures to arrange warranty provider inspections.

Our highly qualified conveyancing team are experts in meeting short developer deadlines and new build purchases.

Conservation areas in Dorset

Whether you are planning to buy a thatched cottage or a Victorian family home, if the house is in a protected conservation area, any planned alterations to the house may not be allowed by the local authority.

These restrictions can include a wide range of constraints from restrictions preventing paving over the front garden, to restrictions preventing the addition of frontal sloping rooflights.

The new owner could be ordered to pay for necessary changes to bring a property in line with current regulations, even if the previous owner carried out the alterations.

Your conveyancing solicitor will address whether your planned purchase is located one of Bridport's conservation areas.

Conveyancing - Selling a property in Bridport

Conveyancing for a property sale is simpler than for a purchase. The buyer's conveyancer undertakes extensive research on the home, whilst conveyancing solicitors in Bridport acting for the vendor just gathers information relating to the property and answers the buyer's questions .

What factors could threaten your sale?

Obstacles, such as having a flying freehold, can significantly frustrate the sale process.

You shouldn't ignore this as solicitors are trained to unearth any such issues, instead get professional advice and work to resolve it promptly.

Recommended reading:

For more conveyancing advice for sellers click here.

Leasehold flats

The legal work for a leasehold property is much more difficult than for a more straightforward freehold house.

Bridport conveyancing solicitors must usually carry out further legal work. This can involve collating the latest service charge and ground rent statement, through to details of any slush fund for property maintenance.

It is recommended that the seller instructs a property lawyer with leasehold experience as soon as possible to reduce delays.

What if you are acting for the other side?

Solicitors Regulation Authority rules ban a single conveyancing solicitor from working on behalf of both sides in a house sale and purchase. A CLC-regulated conveyancer, however, can act for both sides.

If you are buying or selling a home in Bridport, and one of our conveyancing solicitors is acting for the other side, you can contact a local Bridport conveyancing solicitor firm to carry out your legal work.

Local Bridport conveyancing solicitor directory

  • Kitson & Trotman LLP, 9 Chancery Lane, Bridport, Dorset, DT6 3PX
  • Nantes Solicitors Limited, 36 East Street, Bridport, Dorset, DT6 3LH
  • Pardoes Solicitors LLP, 26-28 West Street, Bridport, Dorset, DT6 3QP
  • Porter Dodson LLP, 21 South Street, Bridport, Dorset, DT6 3NR
  • BPL Solicitors Limited, Mey House, Bridport Road, Poundbury, Dorchester, Dorset, DT1 3QY

Conveyancing - Remortgaging a property in Bridport

The main reason homeowners remortgage their home is to secure a better rate of interest. There are any number of other reasons to switch lenders or mortgage deals, such as consolidating debts, or getting on to a new fixed-rate deal.

You can benefit from a lower rate sooner with a more efficient conveyancing solicitor in Bridport, minimising the time taken to complete the conveyancing. With the Bank of England base rate now at 0.5% (May 2018), fast conveyancing can be a crucial factor in securing your preferred rate.

The property lawyer carrying out your remortgage should also be able to act for the new lender. Our conveyancing team are on the panel for all major lenders. So whether you are switching to an interest-only mortgage with the HSBC or to a joint mortgage with the Leeds Building Society, our remortgage team can assist.

Gaynor Haliday, Legal researcher

About the author

Gaynor Haliday is an experienced legal researcher and published author. She has had numerous articles published in the press and is a legal industry commentator.

Read more about this Quittance Legal Expert

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