Updated: October 12, 2018

Buckhurst Hill conveyancing solicitor fees

No Move, No Fee conveyancing in Buckhurst Hill

Conveyancing solicitor fees will be paid your Buckhurst Hill conveyancing solicitor for the legal work associated with moving home.

How are Buckhurst Hill conveyancing fees calculated?

Some conveyancing solicitors in Buckhurst Hill will work on an hourly rate, and other firms will work for a fixed fee ('No Move, No Fee'). Our solicitors work on a fixed No Sale, No Fee basis, with no hidden costs. Your quote sets out what you will be charged when your house or flat sale completes.

Are there any other costs?

You will have to pay any 'disbursements', in addition to the legal fees.

Disbursements are the costs incurred by the solicitor on your behalf, such as TT fees or local authority searches.

See: A guide to conveyancing fees, costs and disbursements

How much will the total conveyancing fees in Buckhurst Hill cost?

Conveyancing fees in Buckhurst Hill will be the same as anywhere else in the UK. However, there may be some variation in certain disbursements. As examples, specific extra searches, e.g. a flood plain search, may be necessary and council search fees will vary.

For a standard sale or purchase, the fees we quote are the fees you pay. With Quittance Conveyancing, there are absolutely no hidden fees. To calculate the conveyancing fees for your move, try our conveyancing fees quote calculator: Click here

Quittance's conveyancing fees were considerably cheaper than the average solicitors' fees

Conveyancing - Buying a property in Buckhurst Hill

Recent changes to the law mean that a seller should disclose defects or disputes to the buyer.

It remains, however, the duty of the conveyancing solicitor in Buckhurst Hill to carry out due diligence on the property, report back to the purchaser and the mortgage lender (if applicable), solve outstanding issues and ensure that the full legal ownership is transferred.

This section of the article discusses elements of the legal process for conveyancing solicitors in Buckhurst Hill where additional expertise is essential.

Your Buckhurst Hill conveyancing solicitor must be lender-approved

Before instructing a Buckhurst Hill conveyancing solicitor, it is very important that you make sure that they can act for your lender, whether you are getting a mortgage from the HSBC, the Tipton & Coseley Building Society or any other lender.

Your conveyancer may not be able to carry out the legal work on behalf of your lender, because some banks and building societies only accept a selected list (their 'panel') of firms.

Should this be the case, the lender will likely require an alternative legal firm to act in their interests, and you will be expected to pay this substitute lawyer's costs. Handling paperwork and correspondence with this additional party can delay the process.

Delays can be caused by failing to check your lawyer's lender panel status.

Quittance Conveyancing can act for all mortgage lenders.

Property Searches (Epping Forest District Council)

Searches are enquiries made of various authorities by Buckhurst Hill conveyancing solicitors to identify information and potential issues affecting your planned purchase.

These searches include the local authority (LA) search, drainage & water search, environmental search and chancel repair liability.

More specialised searches, such as a highways authority search or an agricultural search, may also be recommended in the initial search results.

The average delivery time for LA searches from Epping Forest District Council is 22 weeks, so quicker regulated searches will be advisable.

Planning documents

Official Entries (or 'office copies') will also be applied for from the Land Registry by your conveyancing solicitor. This will help to reveal potential planning issues, for example the title plan showing only very general boundaries or that a restrictive covenant has been breached.

Epping Forest District Council Council Tax

As a homeowner in Buckhurst Hill, 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 instance for an average Band B property in Buckhurst Hill, the council tax amount would be £1,306.

Buckhurst Hill conveyancing solicitors will inform the buyer of the property's band once they have the Local Authority search results.

If the property is unoccupied for 2 years or more, an additional premium of 50% may be applied to the council tax. Single person discount (25%) would reduce the tax due to £979.

Other discounts and exemptions could also apply, for example where the home is empty or unfurnished for a maximum of 60 days or for foreign language students.

Band Epping Forest District Council Tax (2018)
A £1,119
B £1,306
C £1,492
D £1,679
E £2,052
F £2,425
G £2,798
H £3,357

Are you about you buy a home in the wrong council tax band?

The Valuation Office Agency should reassess a property's band on request. Councils prefer that this be done within six months of buying a property. To appeal contact:

Valuation Office Agency
10th Floor
Crown House
Linton Rd
Barking
IG11 8HJ
Essex

Stamp Duty on Buckhurst Hill properties

SDLT must be paid by the homebuyer on properties sold for more than £125,000 in England, Wales and Northern Ireland. SDLT is paid to HMRC and the buyer's conveyancing solicitor will ensure that the tax return process is carried out.

Quittance's investment in the latest integrated case management system means that HMRC filing complications are a thing of the past.

This table sets out stamp duty for typical property in Buckhurst Hill:

  Average sale price (2017) Stamp Duty Land Tax
Average price £574,454 £18,722.70
Average price (detached) £955,450 £39,295.00
Average new build £481,818 £14,090.90
Since 1st April 2016, buyers of second homes are subject to a higher rate of 3%, even if the property is not rented out. E.g. if a second home was bought for £574,454 then the stamp duty including the surcharge would be £45,956.32. .

Stamp duty relief for first-time buyers in Buckhurst Hill

Relief is available on home purchases below £300k for first-time buyers.

Buckhurst Hill conveyancing solicitors should ensure an accurate calculation is made.

Buying a flat? Leasehold conveyancing in Buckhurst Hill

New build site

It is estimated that over 100,000 UK property owners face leases with problematic lease terms. The many potential problems awaiting an uninformed purchaser could include restrictions on the use of the property, overpriced managing agent packs and doubling ground rents.

Misguided leasehold advice, from an inexperienced conveyancer, can have costly, long-term consequences.

A good conveyancing solicitor in Buckhurst Hill will address aspects of leasehold, e.g. leaseholder/freeholder disputes, annual statements of account and budgets for service charges and reviewing the lease itself (many leases are decades old).

Ensure that you are fully-informed regarding your planned purchase with Quittance Conveyancing's leasehold conveyancing solicitors.

Buying a 'New Build' property in Buckhurst Hill?

New build building site

The average purchase price of new build properties in Buckhurst Hill is £481,818. 11 new build houses and flats were purchased in Buckhurst Hill last year.

The legal work for purchasing a new build home requires specialist knowledge, compared to 'standard conveyancing'. To prevent difficulties arising a conveyancing solicitor in Buckhurst Hill must be aware of Buckhurst Hill-specific considerations and needs to consider a range of factors, such as handling the uncertainties of buying off plan and administering Help to Buy purchases.

Our new build conveyancing team specialise in working to developer exchange timeframes and representing buyers to achieve the best outcome.

Conservation areas in London

If you are intending to buy a house in one of Buckhurst Hill's conservation areas, the property will need to meet any conservation area conditions. These restrictions, called Article 4 Directions, can include anything from restrictions on hard standings at the front of the property, to restrictions on the style and height of boundary walls.

The local authority can order any non-compliant alterations to a property to be changed or removed, such as removing a newly-added dormer window.

Your conveyancing solicitor will confirm whether the property you are buying is located in one of Buckhurst Hill's conservation areas.

Conveyancing - Selling a property in Buckhurst Hill

The legal work involved in a sale of a house or flat is more straightforward than for a purchase. The purchaser will have to go through extensive due diligence on the home. In contrast, conveyancing solicitors in Buckhurst Hill acting for the vendor mostly just answers the purchaser's enquiries.

Factors that could delay or endanger the conveyancing process

A house or flat can be burdened by a broad spectrum of possible complications (such as being in an area threatened by local development) which may slow or frustrate the sale conveyancing process.

You shouldn't ignore this, waiting to see if the problem is discovered. The best course of action is to get advice and attempt to resolve it as early as possible.

Recommended reading:

Read more conveyancing advice for sellers.

Leasehold conveyancing for a sale

The conveyancing process for a leasehold property is significantly more time-consuming than for a more straightforward freehold house.

The complex nature of leasehold property means that conveyancing solicitors in Buckhurst Hill will need to conduct additional legal work, such as collating all relevant freeholder information, through to any details of rules covering common parts that are not contained in the lease.

It is recommended that the vendor contact a lawyer as soon as is practicable to reduce the impact of any leasehold-caused problems.

What if Quittance is already acting for the other side?

Conveyancers regulated by the Council for Licenced Conveyancers can act for both parties. However, SRA regulations prevent the same solicitor from acting on both sides in a house sale and purchase.

If you are buying or selling a house or flat in Buckhurst Hill, and a Quittance conveyancer is acting for the other side, you may want to instruct a property solicitor firm in Buckhurst Hill to undertake your legal work.

Local Buckhurst Hill conveyancing solicitor directory

  • Carter Devile, 82 Queens Road, Buckhurst Hill, Essex, IG9 5BS

Conveyancing - Remortgaging a property in Buckhurst Hill

The most common reason people remortgage is to secure a preferential rate. There are a number of other reasons to think about remortgaging, including consolidating loan repayments, or the existing lender having refused a payment holiday.

Homeowners should be able to enjoy a better rate earlier with a more efficient conveyancing solicitor in Buckhurst Hill. They will work to shorten the processing time of the legal work. With the base rate set at 0.5% (May 2018) and rate rises hard to predict, fast conveyancing can play a key role in getting onto your new rate as quickly as possible.

A property lawyer will represent both you and your new lender to certify the mortgage provider's interests are protected and the lender's new interest is correctly registered.

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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