Updated: October 12, 2018

Carlton conveyancing solicitor fees and costs

No Move, No Fee conveyancing in Carlton

Conveyancing solicitor fees are the charges you pay to your Carlton conveyancing solicitor for carrying out the legal work for a property transaction.

Are Carlton conveyancing fees and costs fixed?

We work on a guaranteed fixed conveyancing fee basis with no nasty surprises in the small print, unlike some other conveyancing solicitors in Carlton who offer services on a cost per hour basis. Your quote will set out exactly what you will be charged when your sale or purchase goes through.

Are there any other costs?

You must cover the cost of any 'disbursements', in addition to the solicitor's conveyancing fees.

Disbursements are fees that a property lawyer must pay to other companies during the process of buying or selling your home. These include costs like HMLR fees or managing agent information.

See: How much should conveyancing fees cost?

How much will conveyancing in Carlton cost in total?

Carlton conveyancing fees will not vary, wherever you are buying or selling in the UK. However, there may be some variation in certain disbursements. As examples, additional region-specific searches, e.g. a commons registration search, may be needed and Local Authority (LA) Search fees will vary.

There are no hidden costs or nasty surprises with Quittance Conveyancing. For a standard sale or purchase, the conveyancing fee we quote is the fee you pay. To calculate the conveyancing fees for your move, try our conveyancing fees quote 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 Carlton

A seller is now required to disclose issues that could affect the value or enjoyment of their property to the prospective buyer.

It is, however, still the duty of a Carlton conveyancing solicitor to investigate the property, so that they can report back in detail to the buyer and the lender, offer pragmatic solutions and confirm that the Land Registry's record of the property is updated.

This section of the article examines those areas of the legal process for conveyancing solicitors in Carlton where specialist conveyancing skills may be needed.

Your Carlton conveyancing solicitor must be lender-approved

Homebuyers can select from a wide range of mortgage providers, from a major lender such as the Yorkshire Building Society, to a less common lender like Ulster Bank. Before instructing a conveyancing solicitor in Carlton, it is paramount that you confirm that they can act for your mortgage lender.

Quite a few mortgage lenders only accept a restricted list (called a 'lender panel') of law firms. If your solicitor can't act for your mortgage lender, the lender will require an alternative firm to carry out the legal work.

The buyer will usually need to pay this alternate lawyer's fees, and weeks could be added to the conveyancing process.

Neglecting to check the lender panel status of your lawyer could mean significant delays.

Quittance Conveyancing are approved to act for all banks and building societies.

Searches (Gedling Borough Council)

Property searches are carried out by Carlton conveyancing solicitors to unearth any wider issues that might potentially affect how much the property you are buying will be worth.

Searches are firstly carried out to satisfy lender requirements, usually including the local authority (LA) search, environmental search, drainage & water search and chancel repair liability.

More specialised searches, such as a highways search or a more detailed plan search, may also be referred to in the standard search results.

Homebuyers could experience a delay of around 8 weeks for property searches from Gedling Borough Council, so your conveyancer will recommend using a faster search agent.

Planning permissions

Official Entries will also be obtained by the buyer's conveyancing solicitor. This will help to reveal any issues. These issues could include that a restrictive covenant has been breached or outbuildings lying outside the boundary.

Gedling Borough Council Council Tax

The council tax paid by a homeowner is based on various criteria e.g. the number of occupants and the value of the home as determined by the VOA in 1991 (or 2003 in Wales). For example, for an average Band E home in Carlton, the amount payable would be £2,290 per year.

Conveyancing solicitors in Carlton will inform a buyer of the home's council tax band once this is confirmed by the searches.

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 £1,718.

Other discounts and exemptions could also apply, e.g. a 10% discount for second homes (although this may change as the government has second home ownership in its sights) or where the property was left empty by a bankrupt person.

Band Gedling Borough Council Tax (2018)
A £1,249
B £1,457
C £1,666
D £1,874
E £2,290
F £2,707
G £3,123
H £3,748

Could I be overpaying council tax?

The Valuation Office Agency should reassess a property's band on request. Contact the VOA for more information on how to challenge your tax band:

Valuation Office Agency
Ground Floor
Ferrers House
Castle Meadow Rd
Nottingham
NG2 1AB
Nottinghamshire

Stamp Duty on Carlton properties

The buyer (rather than the seller) will have to pay stamp duty on the purchase price of the property if it exceeds £125,000. Obtaining and completing the SDLT1 return from HMRC is difficult but not impossible for a typical property purchaser. Usually, however, the form is completed by the conveyancing solicitor to avoid penalties or delays.

Quittance Conveyancing's investment in the latest state-of-the-art case management system means that HMRC filing form rejections are a thing of the past.

See examples for typical local properties:

  Average sale price (2018 to date) Stamp Duty
Average price £195,513 £1,410.26
Average price (detached) £276,855 £3,842.75
Average new build £220,866 £1,917.32
If you are buying a second home for more than £40,000 then you will have to pay a 3% surcharge. Following the example above, if a homeowner bought a second property in Carlton for the average price of £195,513 the SDLT would be £9,775.65.

Stamp duty relief for first-time buyers in Carlton

First-time buyer stamp duty relief is available on property purchases below £300k.

Carlton conveyancing solicitors should confirm their client pays the right amount.

Buying a flat? Leasehold conveyancing in Carlton

New build site

Data suggests that over 100,000 UK property owners face leases with problematic terms. The many potential traps awaiting the unsuspecting purchaser can include:

  • marriage value issues
  • overpriced managing agent packs
  • sub-letting restrictions
  • increasing ground rents
Severe consequences can result from a less-experienced property lawyer's bad leasehold advice.

If you are planning to purchase a leasehold home, a good conveyancing solicitor in Carlton will investigate aspects of the leasehold purchase, for example any recent demands for service charges and ground rent, share of freehold complexity and dealing with landlords.

Ensure that you are aware of all the potential issues and costs associated with the lease - Contact Quittance Conveyancing's specialist leasehold conveyancing solicitors on 0800 612 0377 today.

Buying a 'New Build' property in Carlton?

House being built

Based on local data compiled by the HM Land Registry, the average price for Carlton new build homes is £220,866. 73 brand new homes have been bought in Carlton in 2018 so far.

A new-build conveyancing solicitor in Carlton must be aware of local considerations and new build-specific issues, e.g. ensuring that new build mortgage conditions are met and handling initial Land Registry registration.

Our specialist team of new build conveyancers deliver an expert appraisal of the property's legal status, with close attention paid to factors like the home's future mortgageability and sharply increasing ground rent and service charges (where applicable).

Nottinghamshire Conservation areas

When acting for the purchaser of a property in Carlton, a conveyancing solicitor will need to check whether the property is in a conservation area in Carlton. If it is, the house is affected by building controls. Called Article 4 directions, these building controls may include anything from restrictions on replacing windows, to general restrictions governing the use of non-traditional materials.

If a property is in breach, the local authority can instruct the owner to 'undo' the recent changes, even if the changes were made by the previous owner.

Your Quittance conveyancing solicitor will confirm if the property you are purchasing is located in a conservation area in Carlton.

Conveyancing - Selling a property in Carlton

Conveyancing for a property sale is less demanding than for a purchase. The buyer's solicitor carries out a thorough legal appraisal on the legal title of your home. Conveyancing solicitors in Carlton acting for the seller, however, effectively just replies to the solicitor's standard and additional enquiries.

What could jeopardise the conveyancing process?

Hurdles, like not being registered at the Land Registry or a problem with the roof, can potentially threaten your move if they are ignored.

Property specialists usually advise that sellers handle such issues without delay.

Further reading:

Read more helpful advice for sellers here.

Leasehold

The legal work for a leasehold flat is much more protracted than for a freehold house.

Carlton conveyancing solicitors will also need to carry out additional work, such as sourcing an up-to-date service charge statement, through to the minutes of the last AGM (if there is a management company).

It is strongly advised that you instruct a leasehold-specialist lawyer as soon as possible to ensure any legal complexity is correctly handled.

Can your conveyancing solicitors act for the buyer and the seller of the same home?

CLC-regulated conveyancers can act for both sides. However, Solicitors Regulation Authority (SRA) rules restrict the same conveyancing solicitor from working on behalf of both sides in a house sale and purchase.

You could contact a property solicitor firm in Carlton to undertake your conveyancing, if we are doing the legal work for the other side.

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Conveyancing - Remortgaging a property in Carlton

The main reason people remortgage their home is simply to get a better rate. There are other reasons to consider remortgaging, for example wanting a more flexible mortgage, or consolidating loan repayments.

You should be able to enjoy a lower rate faster by using a more proactive conveyancing solicitor in Carlton. With the future of interest rates unclear, fast conveyancing can play a key role in getting on to the rate you want.

The property lawyer handling the remortgage needs to be able to act for your new mortgage lender. Quittance Conveyancing are on the panel for all major lenders. So no matter whether you are switching to a 100% mortgage with the NatWest or to a fixed-rate mortgage with the Hinckley and Rugby Building Society, we can help.

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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