Updated: October 12, 2018

Chorley conveyancing solicitor fees and costs

No Move, No Fee conveyancing in Chorley

Conveyancing solicitor fees are the charges you pay to conveyancing solicitors in Chorley for handling the legal work for your move.

How are Chorley conveyancing fees calculated?

We work on a No Sale, No Fee basis with no unexpected, additional costs, unlike some other conveyancing solicitors in Chorley who offer services on a cost per hour basis. Your quote sets out all fees and other costs you will be charged when your property transaction has completed.

Besides conveyancing fees, what other costs are there?

On top of the conveyancing fees you will also need to budget for 'disbursements'.

Disbursements are fees, costs or taxes the conveyancing solicitor will have to pay to other organisations as part of the house-buying and selling process. These include costs like office copies and title plans or property searches.

See: Complete list of conveyancing fees and disbursements

How much will the total Chorley solicitor conveyancing fees be?

Whilst conveyancing fees in Chorley will be the same as anywhere else in the country, the disbursements required can vary. For example, Local Authority (LA) Search fees will vary and additional region-specific searches, such as a mining search, may be needed.

With Quittance, there are no unexpected costs or surprises in the small print. For standard conveyancing transactions, 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 considerably cheaper than the Estate Agent's recommended solicitor's fees

Conveyancing - Buying a property in Chorley

Recent changes to the law mean that a seller is obliged to reveal any property defects or disputes to the buyer and the estate agent.

That said, it remains the responsibility of a Chorley conveyancing solicitor to make enquiries about the property, feed the results of their enquiries back to the buyer, iron out any legal issues and ensure that the change of ownership is registered at the Land Registry.

The content below considers elements of the buying process for conveyancing solicitors in Chorley requiring a deeper level of knowledge.

Your Chorley conveyancing solicitor must be lender-approved

Before selecting a Chorley conveyancing solicitor, it is essential that you check that they are on the approved panel of your mortgage lender, whether you are getting a mortgage from Santander, Topaz Finance or any other lender.

Some lenders only accept a select panel of legal firms that meet strict criteria. If your conveyancer is unable to act for your mortgage lender, the lender will require an alternative firm to act in their interests.

The home buyer will then have to cover this alternate solicitor's costs and the conveyancing process could take much longer.

Failing to confirm the lender panel membership of your conveyancer could mean significant delays.

Quittance Conveyancing can act on behalf of all mortgage providers.

Residential Property Searches (Chorley Borough Council)

Searches are submitted by Chorley conveyancing solicitors in order to identify any significant issues that might possibly reduce how much the property you are purchasing will be worth.

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

Additional searches, such as a Crossrail search or a more detailed plan search, may also be recommended in the initial LA and Environmental searches.

Buyers can expect to wait around 2 weeks for searches supplied by Chorley Borough Council, so it will be worth using a faster private search company.

Finding planning permissions

Your conveyancing solicitor will obtain the Title Register from HM Land Registry. This will help to reveal any potential issues, such as a restrictive covenant against certain alterations or outbuildings missing from the title plan.

Chorley Borough Council Council Tax

Council tax is calculated by Chorley Borough Council on property value and the number of people living in the property. E.g. a home in the Chorley Borough Council area in Valuation Band B would pay £1,357 per annum.

Chorley conveyancing solicitors will inform the buyer of the property's band once this is confirmed by the searches.

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 reduces the tax due to 75% which would equal £1,018.

Other discounts and exemptions could also apply, for example unoccupied properties undergoing major repairs or if the property is armed forces accommodation.

Band Chorley Borough Council Tax (2018)
A £1,163
B £1,357
C £1,551
D £1,745
E £2,132
F £2,520
G £2,908
H £3,489

Could you be overpaying?

A homeowner can challenge the council tax band after moving in. Between April 2016 and April 2017, 40 council tax challenges were made, of which 10 resulted in a reduction. Contact the VOA for more information on how to challenge your tax band:

Valuation Office Agency
104 Lancaster Rd
Preston
PR1 1LX
Lancashire

Stamp Duty on Chorley properties

The threshold for stamp duty for a house is £125k. After a house sale has exchanged and completed, the purchaser's conveyancing solicitor will ensure that the SDLT is paid to HMRC.

Quittance Conveyancing's case management system ensures that the complicated SDLT1 form is filed online to reduce delays and to avoid late-filing penalties.

See examples for local properties:

  Average selling price (2018 to date) Stamp Duty Land Tax
Average price £173,570 £971.40
Average price (detached) £292,501 £4,625.05
Average new build £156,733 £634.66

Stamp duty relief for first-time buyers in Chorley

Relief is available on home purchases below £300k for first-time buyers. If you already own another home or share in a home , anywhere in the world you will be subject to a surcharge of 3%. For example, if a homeowner bought a second property in Chorley for the average price of £173,570 the SDLT would be £8,678.50.

Chorley conveyancing solicitors should confirm the correct amount is calculated.

Buying a flat? Leasehold conveyancing in Chorley

New build site

It is risky to buy a leasehold home if you don't know what you are getting into. The many potential traps awaiting the unsuspecting purchaser can include sub-letting restrictions and exponential ground rents.

Serious financial ramifications can result from a less-experienced lawyer's failure to advise you correctly regarding your planned leasehold purchase.

If you are planning to buy a leasehold property, a specialist conveyancing solicitor in Chorley will consider possible leasehold issues, for example :

  • reviewing the lease itself (leases can be 10's or even 100's of years old)
  • possible service charge shortfalls
  • managing agent practices
  • residents? management company

Ensure that you are fully-informed regarding your decision to buy a leasehold property - Get in touch with our leasehold conveyancing solicitor team on 0800 612 0377 today.

Buying a 'New Build' property in Chorley?

New build site

29 brand new homes have been bought in Chorley in 2018 so far, according to information compiled by HMLR. The average cost of new build property in Chorley is £156,733.

The legal side of purchasing a new build home is more complex than any other type of conveyancing. Therefore a conveyancing solicitor in Chorley should be aware of local issues and needs to consider a range of factors, such as handling the uncertainties of buying off plan and confirming Section 38 agreements.

Our expert new build team provide an expert appraisal of the legal status of the property, paying close attention to concerns like the home's subsequent resaleability and excessive ground rent and service charges (where applicable).

Lancashire Conservation areas

If you are purchasing a home in one of Chorley's conservation areas, the property will need to meet any conservation area constraints. These conditions, called Article 4 Directions, may include limitations on skylights, limitations on new outbuildings or general restrictions governing unsympathetic additions or modifications.

The local council can order any non-compliant alterations to a property to be changed or removed.

Withnell Fold, Rivington and St Laurence's are among the conservation areas in Chorley. Quittance's conveyancing solicitors will address whether the home you plan to buy is located in a conservation area in Chorley.

Conveyancing - Selling a property in Chorley

The legal process for a sale of a home is less demanding than when buying. The purchaser undertakes detailed research into the property's title and other legal aspects. Conveyancing solicitors in Chorley acting for the seller, however, mostly just gathers information relating to the property and answers the purchaser's enquiries .

What factors could threaten your sale?

A house or flat can be burdened by a range of potential roadblocks (for example missing planning regulations) which may slow or frustrate your move.

Property experts will almost always recommend to vendors that they address these issues immediately.

Useful reading:

Read more sale conveyancing articles here.

Selling a leasehold property

Conveyancing for a leasehold flat is much more complex than it is for a freehold home.

Chorley conveyancing solicitors must usually carry out further legal work, for example getting all relevant freeholder information, through to details of the length of leases of other flats in the block.

It is strongly advised that the seller instructs a conveyancer with leasehold experience as soon as possible to reduce delays.

What if Quittance is already acting for the other side?

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

You could contact a law firm in Chorley to carry out your legal work, if we are doing the legal work for the other side.

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Conveyancing - Remortgaging a property in Chorley

Homeowners remortgage a home for a variety of reasons, such as wanting to overpay when the lender refuses, or wanting to borrow more. By far the most common reason, however, is to get a lower interest rate.

You should be able to enjoy a lower rate faster by using a more efficient conveyancing solicitor in Chorley. With the base rate set at 0.5% (May 2018) and future interest rate changes hard to predict, fast conveyancing can be a contributing factor to getting on to the rate you want.

A property lawyer will act for both you and the mortgage provider, in order to ensure the parties' interests are protected and the HM Land Registry is notified of the lender's charge over the property.

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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