Updated: October 12, 2018

Egham conveyancing solicitor fees

No Move, No Fee conveyancing in Egham

Conveyancing solicitor fees are the costs you pay to conveyancing solicitors in Egham for the legal work involved in moving home.

How are Egham conveyancing fees calculated?

Our solicitors work on a fixed No Move, No Fee basis with no hidden costs, unlike some other conveyancing solicitors in Egham who will work on a price per hour basis. Your conveyancing quote will set out all fees and disbursements you will need to pay when your house or flat sale completes.

Are there any other costs?

In addition to conveyancing solicitor fees you will also have to pay for 'disbursements'.

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 indemnity insurance or Stamp Duty Land Tax (SDLT).

See: Complete list of conveyancing fees

How much will the total Egham solicitor conveyancing fees be?

While conveyancing fees in Egham will usually match prices elsewhere in the UK, there can be variation in the disbursements required. For example, specific extra searches, e.g. a flooding search, may be necessary and Local Authority (LA) Search fees will vary.

For a standard sale or purchase, what we quote is the fee you pay. With Quittance, there are no unexpected costs or surprises in the small print. Work out the conveyancing fees for your move, with our conveyancing calculator: Click here

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

Conveyancing - Buying a property in Egham

Purchase conveyancing will require the Egham conveyancing solicitor to consider a wide range of issues. Examples of such issues can range from a defective title (e.g. breached restrictive covenants) to the mortgageability of the property itself.

The solicitor will report their findings back to the purchaser, help to fix or resolve any legal issues and ensure that the full legal ownership is transferred.

This section of the article considers elements of the legal process for conveyancing solicitors in Egham necessitating a deeper level of knowledge.

Your Egham conveyancing solicitor must be lender-approved

Whether you are taking out a mortgage from Hampden & Co, the HSBC or any other lender, before you select a conveyancing solicitor in Egham it is critical that you make sure that they are approved by your mortgage lender.

Your solicitor may be unable to act for your mortgage lender, because some lenders will only work with a restricted panel of legal practices.

Under these circumstances, the lender will need a different legal firm to complete the legal work, and you will then have to cover this alternate solicitor's costs. Handling paperwork and correspondence with this additional party can delay the process.

Delays can arise if you do not check your lawyer's lender panel status.

Our conveyancing solicitors can act for all banks and other lenders.

Runnymede Borough Council searches

Searches are applied for by Egham conveyancing solicitors to help to identify problems that might potentially have an impact on how much the property you intend to buy will be worth.

Searches are firstly carried out to satisfy mortgage conditions, and include the local authority (LA) search, environmental search, drainage & water search and chancel repair liability.

Further searches, such as a tin mining search or an agricultural search, may also be referred to in the standard searches.

The typical lead time for Local Authority searches from Runnymede Borough Council is 3 weeks, so quicker regulated searches will be advisable.

Checking planning permission status

The conveyancing solicitor acting for the buyer also obtains official entries from HM Land Registry. This will help to expose any issues, such as the title plan showing only very general boundaries or that a restrictive covenant has been breached.

Runnymede Borough Council Council Tax

As a homeowner in Egham, 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, the occupier of a Tax Band B home in the Runnymede Borough Council area would pay annual council tax of £1,406.

Conveyancing solicitors in Egham will inform a buyer 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 reduces the tax due to 75% which would equal £1,054.

Other discounts and exemptions may also apply, for example if the property is a second home then a 10% discount will be applied or where the property was left empty by a bankrupt person.

Band Runnymede Borough Council Tax (2018)
A £1,205
B £1,406
C £1,607
D £1,807
E £2,209
F £2,611
G £3,012
H £3,615

What to do if you suspect your new home is incorrectly valued

Contact the VOA for more information on how to challenge your tax band:

Valuation Office Agency
3rd Floor
Bridge House
1
Walnut Tree Close
Guildford
GU1 4AG
Surrey

It is possible to challenge the council tax band after moving in. Between April 2016 and April 2017, 50 council tax challenges were made. 10 saw a reduction.

Stamp Duty on Egham properties

Stamp Duty Land Tax works in a similar fashion to income tax insofar as a buyer will pay progressively more tax for a higher-value home. Obtaining and completing the SDLT1 return from HMRC is difficult but not impossible for a typical purchaser. Usually, however, the form is completed by the property lawyer to avoid penalties or delays.

Quittance Conveyancing's integrated case management system are fully integrated with HM Revenue and Customs (HMRC)'s online tax return system.

See Stamp Duty Land Tax examples for properties in Egham:

  Average selling price (2017) Stamp Duty Land Tax
Average price £493,965 £14,698.25
Average price (detached) £764,858 £28,242.90
Average new build £643,989 £22,199.45
Homeowners must pay a higher rate of SDLT when purchasing a second home. For example, if a property owner bought a second home in Egham for the average price of £493,965 the stamp duty would be £39,517.20.

Stamp duty relief for first-time buyers in Egham

As from 2017, first-time buyers will not have to pay any stamp duty if the purchase price is below £300k.

Egham conveyancing solicitors will confirm the right amount is calculated.

Buying a flat? Leasehold conveyancing in Egham

New build site

The possible drawbacks of purchasing a leasehold flat in the UK are well documented. There are numerous technical issues that could be awaiting the unsuspecting purchaser, such as exponential ground rents, short leases and unpaid service charges by the existing leaseholder.

Serious financial ramifications can result from a less-experienced conveyancer's bad leasehold advice.

If you intend to buy a property with a lease, a specialist conveyancing solicitor in Egham will consider possible leasehold issues, such as :

  • sometimes ancient and arcane lease documents
  • possible service charge shortfalls
  • dealing with freeholders and managing agents
  • changes to the terms of the lease
  • residents? management company

Quittance Conveyancing's leasehold conveyancing solicitor team will make sure that you are fully-informed regarding your planned purchase.

Buying a 'New Build' property in Egham?

New build site

4 brand new properties have been bought in Egham in 2018 so far, according to data gathered by Her Majesty's Land Registry. The average value of new build homes in Egham is £843,125.

A new-build conveyancing solicitor in Egham will need to be familiar with both local factors and new build-specific issues, like dealing with incomplete service connection agreements and working to tight developer deadlines.

Our award-winning new build team are experts in new build purchases and working to tight developer deadlines.

Surrey Conservation areas

Purchasing property in a conservation area can ensure that the street's unique character is protected. However, conservation area building controls will affect your property.

Called Article 4 directions, these restrictions could include:

  • Restrictions on door and window styles
  • Restrictions preventing paving over the front garden
  • A prohibition on extensions (even if within Permitted Development rights)

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

The local planning authority (LPA) for Runnymede has designated conservation area status on certain areas of Egham. Your conveyancing solicitor will confirm whether the property you are buying is located in one of Egham's conservation areas.

Conveyancing - Selling a property in Egham

The legal work involved in a sale of a home usually requires less work than for a purchase. The buyer's conveyancing solicitor conducts due diligence on the property and its legal title. Conveyancing solicitors in Egham acting for the seller just answers the buyer's questions.

Why do sales fall through?

Common issues, like a boundary dispute or not having permission for alterations when in a conservation area, can derail a transaction if not handled appropriately.

Don't ignore the issue as it is highly unlikely that the problems won't be picked up - talk to a professional, square up to the issue(s), and find a solution ASAP.

Recommended reading:

Read more sale conveyancing articles here.

Selling a leasehold property

The legal work for a leasehold flat or house is much more complicated than for a freehold property.

The complexities of leasehold mean conveyancing solicitors in Egham must carry out additional tasks, for example obtaining the latest service charge and ground rent statement, through to a copy of the lease.

It is strongly advised that the seller instructs a leasehold expert as soon as an estate agent is chosen to ensure the legal technicalities are handled correctly.

What if you are already acting for the other side?

Conveyancers regulated by the Council for Licenced Conveyancers can act for both the buyer and the seller. However, Solicitors Regulation Authority (SRA) rules prevent the same solicitor from working on behalf of both sides in a property sale and purchase.

If you are buying or selling a Egham home, and a Quittance conveyancer is acting for the other side, you can contact a property solicitor firm in Egham to handle your legal work.

Local Egham conveyancing solicitor directory

  • Horne Engall and Freeman LLP, 47a High Street, Egham, Surrey, TW20 9ES

Conveyancing - Remortgaging a property in Egham

By far the most common reason people remortgage a home is to benefit from a lower interest rate. Other reasons to switch lenders or mortgage deals include the current mortgage deal coming to an end, or consolidating loan repayments.

A proactive conveyancing solicitor in Egham can reduce the remortgage processing time, helping you get onto the lower rate earlier. With the base rate set at 0.5% (May 2018), fast conveyancing can be a key consideration when getting the mortgage rate you want.

To certify that the parties' interests are protected, the property lawyer will act for both you and the bank or building society.

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

Instant online conveyancing solicitor quote

Quittance Conveyancing delivers fast, proactive and communication-focused conveyancing to Egham home buyers and sellers. Your dedicated conveyancer will keep you informed every step of the way.

Get a conveyancing quote icon

Get a quote

Get a conveyancing solicitor quote for your Egham property sale, purchase or remortgage.

Get a quote online

or call us on 0800 612 0377

Compare conveyancing solicitors icon

Compare solicitor quotes

Find out more about how to compare conveyancing solicitor quotes in 2018.

Find out more
Contact conveyancing team icon

Email us

If you have any questions or would like to discuss your sale or purchase with an expert, email us at:

conveyancing@quittance.co.uk

Ask a conveyancing expert

If you have any questions about getting a conveyancing quote or any aspect of the conveyancing process, let us know:

Be the first!