Updated: October 12, 2018

Chorleywood conveyancing solicitor fees

No Move, No Fee conveyancing in Chorleywood

Conveyancing solicitor fees will be paid conveyancing solicitors in Chorleywood for carrying out the legal work for a property transaction.

Do Chorleywood conveyancing solicitors work on a fixed fee basis?

Our solicitors work on a guaranteed fixed conveyancing fee basis with no hidden fees, unlike some other conveyancing solicitors in Chorleywood who carry out the legal work on an hourly-rate basis. Your conveyancing quote will set out what you will be charged when your sale or purchase goes through.

Are there any other costs in addition to conveyancing fees?

In addition to the solicitor's conveyancing fees you will also need to budget for 'disbursements'.

Disbursements are fees that a property lawyer must pay to other companies during the process of buying or selling your home, such as office copies and title plans or local authority searches.

See: How much should conveyancing fees cost?

How much will the total Chorleywood solicitor conveyancing fees be?

Chorleywood conveyancing fees should 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 mining search, may be necessary and council search fees will vary.

For a standard home sale or purchase, what we quote is the fee you pay. There are no hidden fees or nasty surprises with Quittance. Calculate the conveyancing fees for your move, with our conveyancing fees calculator: Click here

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

Conveyancing - Buying a property in Chorleywood

Under recent changes to English and Welsh property law, a seller must reveal any issues concerning their property to their estate agent and to the purchaser.

It remains, however, the duty of a conveyancing solicitor in Chorleywood to make enquiries about the property, feed the results of their enquiries back to the buyer, iron out any legal issues and confirm that the Land Registry's record of the property is updated.

The following considers those areas of the buying process for conveyancing solicitors in Chorleywood where a deeper understanding of the legal technicalities is required.

Your Chorleywood conveyancing solicitor must be lender-approved

Homebuyers have many lenders available, from a less common lender like the Coventry Building Society, to a large lender such as RBS. Before you appoint a conveyancing solicitor in Chorleywood, whoever you choose, it is very important that you make sure that they can act in the interests of your lender.

Some mortgage lenders only accept a selected list (their 'panel') of firms. If your solicitor is not on the panel of your lender, the lender will need a second solicitor firm to complete the legal work.

You will then have to cover this alternate solicitor's costs, and the conveyancing process can take much longer.

Not checking the lender panel membership of your conveyancing lawyer can mean serious delays.

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

Three Rivers District Council searches

Searches are applied for by Chorleywood conveyancing solicitors to identify any pertinent information that might reduce how much your house or flat will be worth. They include:

SearchDescription
Local Authority (LA) searchplanning and development details from Three Rivers District Council records
Environmental searchdescribes hazards (such as historic flooding or mining subsidence) within 500m of the property. This search also identifies sites of contaminated land nearby.
Drainage & Water searchincludes the position of water mains and sewers, and whether the local authority is responsible for their maintenance.
Chancel repair liabilitydescribes the insurance to protect against any liability owed by Chorleywood properties for local parish repairs.

More pertinent searches, such as a more detailed flood report or a contaminated land report, may also be recommended subject to the outcome of the initial searches.

Three Rivers District Council has a usual processing time of 8 weeks for searches, so your solicitor will instead apply for quicker personal searches.

Planning permissions

The conveyancing solicitor acting for the buyer also retrieves an Official Copy of the Title Register from HM Land Registry. This will help to identify any planning issues, for example a restrictive covenant against certain alterations or a difference between the agent's floorplan and the title plan.

Three Rivers District Council Council Tax

The amount of council tax a homeowner in Chorleywood will pay to Three Rivers District Council will depend on the property's value and the number of residents. For example, for an average Band C home in Chorleywood, the tax would be £1,514.

Chorleywood conveyancing solicitors will inform a purchaser of the property's tax band as soon as they are made aware.

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 £1,136.

Other discounts and exemptions could also apply, for example unoccupied properties undergoing major repairs or for spouses of students who are not British.

Band Three Rivers District Council Tax (2018)
A £1,136
B £1,325
C £1,514
D £1,704
E £2,082
F £2,461
G £2,839
H £3,407

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

In the 2016/17 financial year, 20 council tax challenges were made, and 10 resulted in a reduction. To appeal contact:

Valuation Office Agency
3rd Floor Aspect Gate 166 College Rd
Harrow
HA1 1BH

Stamp Duty on Chorleywood properties

If the purchase price of the house you intend to buy is over the £125k threshold, you must pay Stamp Duty Land Tax. Stamp Duty Land Tax is paid to HMRC (formerly Inland Revenue) by completing an SDLT1 form. The form is lengthy and complex.

HMRC (formerly Inland Revenue) complications and objections are avoided using the latest online case management system.

This table sets out stamp duty for typical property in Hertfordshire:

  Average sale price (2017) Stamp Duty Land Tax
Average price £455,923 £12,796.15
Average price (detached) £787,532 £29,376.60
Average new build £429,702 £11,485.10

Stamp duty relief for first-time buyers in Chorleywood

Relief is available on home purchases below £300,000 for first-time buyers. If you are buying a second home for in excess of £40,000 then you will have to pay a surcharge of 3%. So if a second home was bought for £455,923 then the SDLT total will be £36,473.84.

Chorleywood conveyancing solicitors should confirm the correct tax is paid.

Buying a flat? Leasehold conveyancing in Chorleywood

New build site

Buying a leasehold home without being aware of the facts is ill-advised. There is a wide range of sometimes obscure legal issues that may be lying in wait for an uninformed purchaser, including:

  • increasing ground rents
  • costly and undisclosed major works
  • excessive freehold premiums
Serious consequences can result from a solicitor's failure to give good leasehold advice.

A experienced conveyancing solicitor in Chorleywood will investigate aspects of the leasehold purchase, for example dealing with freeholders, reviewing the lease itself (some leases are over 100 years old) and flats in the same block with disparity between their leases.

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

Buying a 'New Build' property in Chorleywood?

House under construction

Based on local data sourced by the HM Land Registry, 53 newly-constructed homes have been bought in Chorleywood in 2018 so far. The average cost of Chorleywood new build property is £437,651.

A new-build conveyancing solicitor in Chorleywood must be familiar with local factors and new build's additional complexities, including investigating issues with drains and roads that serve the property, working to tight developer deadlines and working with warranty providers, including NHBC Buildmark, Advantage HCI? and BOPAS.

Our award-winning team of conveyancers are experts in helping the buyer get the best possible purchase terms and working to tight developer deadlines.

Conservation areas in Hertfordshire

Whether you are intending to buy a character cottage or a Victorian terraced house, if the home is in a designated conservation area, any changes you can make to the home may not be allowed by the local authority.

These restrictions, called Article 4 Directions, could include a range of factors from restrictions preventing the addition of new access, to restrictions on painting external 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 address whether your planned purchase is located one of Chorleywood's conservation areas.

Conveyancing - Selling a property in Chorleywood

Conveyancing for a sale of a house or flat is simpler than when buying. The buyer's conveyancer conducts due diligence on the legal title of your home, whilst conveyancing solicitors in Chorleywood acting for the seller merely replies to the solicitor's standard and additional enquiries.

What proactive steps can you take to reduce the risk of an abortive sale?

A property will often come with numerous challenges (for example not being connected to the water mains or not having full title) that can slow or frustrate the sale conveyancing process.

Property experts almost always advise that vendors address any such problems immediately.

Useful reading:

For more conveyancing advice for sellers click here.

Sale conveyancing for a leasehold property

Conveyancing for a leasehold flat or house is much more technical in comparison with a freehold house.

Leasehold complexity involves additional work on the part of conveyancing solicitors in Chorleywood, and this could include getting the latest service charge and ground rent statement, through to details of the length of leases of other flats in the block.

To reduce leasehold-related delays, it is strongly advised that the seller instruct a solicitor as early in the process as possible, and preferably before going on the market,.

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

Conveyancers regulated by the Council for Licenced Conveyancers can act for both parties. However, Solicitors Regulation Authority (SRA) rules ban a single conveyancing solicitor from acting on both sides in a property sale.

You may want to instruct a property solicitor firm in Chorleywood to carry out your conveyancing, if a Quittance solicitor is carrying out the legal work for the other side.

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Conveyancing - Remortgaging a property in Chorleywood

Although there are many reasons to remortgage, homeowners will generally remortgage a home to secure a better rate of interest.

A good conveyancing solicitor in Chorleywood can reduce the remortgage processing time, helping you get onto the lower rate earlier. With the base rate now at 0.5% (May 2018), fast conveyancing can play a key role in getting onto your new rate as quickly as possible.

The property lawyer conducting the legal work should also be able to act for your chosen mortgage lender. Quittance Conveyancing are on the panel for all major lenders. So no matter whether you are changing to a 100% mortgage with the Halifax or to a discounted-rate mortgage with the Barnsley Building Society, Quittance 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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