Updated: October 12, 2018

Grays conveyancing solicitor fees and costs

No Move, No Fee conveyancing in Grays

Conveyancing solicitor fees are the amounts you pay to conveyancing solicitors in Grays for carrying out the legal work for a property transaction.

Do Grays conveyancing solicitors work on a fixed fee basis?

Our solicitors work on a fixed No Sale, No Fee basis with no hidden extras, unlike some other conveyancing solicitors in Grays who carry out the legal work on a cost per hour basis. Your quote explains what you will pay when your property transaction has completed.

What are disbursements?

In addition to the solicitor's conveyancing fees you will also have to cover any 'disbursements'.

Disbursements are the costs incurred by the solicitor on your behalf, such as leasehold information packs or property searches.

See: A guide to conveyancing fees, costs and disbursements

How much will conveyancing in Grays cost in total?

Conveyancing fees in Grays will be the same as anywhere else in the country. There may, however, be some variation in certain disbursements. For example, additional region-specific searches, e.g. utilities searches, may be needed and Local Authority Search fees can vary.

For a standard conveyancing transaction, what we quote is the fee you pay. With Quittance, there are no unexpected costs or surprises in the small print. 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 Estate Agent's recommended solicitor's fees

Conveyancing - Buying a property in Grays

When carrying out the conveyancing for a property purchase, the Grays conveyancing solicitor will carry out due diligence on the property's title and report back to the buyer and the lender.

The conveyancer will give advice following their enquiries, offer pragmatic solutions and ensure the title is transferred to the new owner.

This section of the article discusses elements of the legal process for conveyancing solicitors in Grays that warrant specialised skills.

Your Grays conveyancing solicitor must be lender-approved

There are many lenders, from a less common mortgage lender like Secure Trust, to a major lender such as the Co-operative Bank. Before you select a conveyancing solicitor in Grays, whoever you choose, you must confirm that they can act for your chosen lender.

Your conveyancer may not be able to carry out the legal work on behalf of your chosen lender, because some lenders will only work with a selected list (known as a 'lender panel') of solicitors or licensed conveyancers that match certain criteria.

If that is the case, the lender will likely require an alternative legal firm to act in their interests, and you will usually need to pay this substitute solicitor's costs. This can mean the process takes much longer.

Your property transaction can be seriously delayed if you fail to confirm your lawyer's lender panel status.

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

Thurrock Council Council Tax

Council tax is calculated by Thurrock Council on property value and the number of people living in the property. The occupier of a property in Band E, for example, would owe annual council tax of £1,867.

Grays conveyancing solicitors will inform the buyer of the home's council tax band as soon as they are made aware.

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 £1,400.

Other discounts and exemptions may also apply, e.g. unoccupied properties undergoing major repairs or structural changes or where the property is uninhabitable.

Band Thurrock Council Tax (2018)
A £1,018
B £1,188
C £1,358
D £1,527
E £1,867
F £2,206
G £2,545
H £3,054

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

In the 2016/17 financial year, 10 council tax challenges were made, and 0 were upheld and refunds awarded. Contact the VOA for more information on how to challenge your tax band:

Valuation Office Agency
Anchorage House
High St
Chatham
ME4 4WD
Kent

Stamp Duty on Grays properties

Completing the SDLT1 form yourself is a daunting prospect and not for the inexperienced.

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 property.

HMRC form rejections are avoided using the latest state-of-the-art case management system.

The following table illustrates SDLT examples for properties in Grays:

  Average selling price (2017) Stamp Duty
Average price £269,536 £3,476.80
Average price (detached) £389,208 £9,460.40
Average new build £348,683 £7,434.15
Homeowners must pay a higher rate of SDLT for the purchase of a second property. So if a second property was bought for £269,536 then the SDLT total will be £21,562.88.

Stamp duty relief for first-time buyers in Grays

As from 11/17, first-time buyers will not have to pay any stamp duty if the purchase price is below £300k.

Conveyancing solicitors in Grays will ensure their client pays the correct amount.

Buying a flat? Leasehold conveyancing in Grays

New build site

Data suggests that over 100,000 UK property owners face property leases with unreasonable terms. Numerous legal issues could be awaiting an uninformed buyer, including:

  • reversionary interests
  • exponential ground rents
  • incomplete management company accounts
  • leases with fewer than 80 years to run
Erroneous leasehold advice, from an inexperienced lawyer, could lead to serious consequences.

A specialist conveyancing solicitor in Grays will consider potential leasehold issues, including :

  • reviewing the lease
  • dealing with freeholders
  • ground rents and service charges
  • managing agent memoranda and articles of association

Ensure that you are fully-informed regarding your planned purchase - You can call our team of leasehold conveyancing solicitors on 0800 612 0377 today.

Buying a 'New Build' property in Grays?

House being built

The average price for a new build home in Grays is £348,683. 98 new build houses and flats were purchased in Grays last year.

Buying a new build property can be more complex than any other type of conveyancing. To prevent difficulties arising a conveyancing solicitor in Grays should be mindful of local considerations and needs to consider a range of factors, like dealing with failures to arrange warranty provider inspections and dealing with incomplete service connection agreements.

Our award-winning new build conveyancing team are experts in ensuring that new build contracts favour the client as much as possible and meeting short developer deadlines.

Conservation areas in Essex

When acting for the buyer of a home in Grays, a conveyancing solicitor will check if the property is in one of Grays's conservation areas. If it is, the home could be affected by specific restrictions. These restrictions, called Article 4 Directions, can include:

  • Restrictions on replacing windows
  • Restrictions preventing the addition of new access
  • Restrictions on side or two-storey extensions

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

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

Conveyancing - Selling a property in Grays

Conveyancing for a sale of a house or flat is less demanding than when purchasing. The buyer's conveyancer needs to carry out a full legal review into the property and its legal title, whilst conveyancing solicitors in Grays acting for the seller simply answers the purchaser's enquiries.

What could go wrong?

Hurdles, like having previously suffered from a flood event or a landlord dispute on a leasehold property, can prolong a transaction if not dealt with promptly.

Don't shy away from finding a solution as it is the buyer's solicitor's job to spot problems - talk to a professional, face the issues head on, and find a solution as early as possible.

Recommended reading:

For more conveyancing advice for sellers click here.

Leasehold

Conveyancing for a leasehold property is quite a lot more involved than for a freehold house.

Conveyancing solicitors in Grays will also perform extra work, for example asking for the latest service charge accounts, through to looking into potential forfeiture proceedings.

Vendors should instruct a lawyer as soon as the property is marketed, if not before, to mitigate (somewhat inevitable) leasehold delays.

What if your conveyancing solicitors are acting for the other side?

Conveyancers regulated by the Council for Licenced Conveyancers can act for both the buyer and the seller. However, SRA rules ban the same conveyancing solicitor from working on behalf of both sides in a property sale and purchase.

You can contact a property solicitor firm in Grays to handle your legal work, if a Quittance conveyancer is acting for the other side.

Local Grays conveyancing solicitor directory

  • T A Capron & Co, Milton House, 68 Orsett Road, Grays, Essex, RM17 5EJ
  • Hattens Solicitors, 90 Orsett Road, Grays, Essex, RM17 5ER
  • M. Reynolds Partnership, 1 Derby Road, Grays, Essex, RM17 6QD
  • Samuel & Co Solicitors, 23a Orsett Road, Grays, Essex, RM17 5DS
  • Sternberg Reed, The Old Courthouse, Orsett Road, Grays, Essex, RM17 5DD

Conveyancing - Remortgaging a property in Grays

By far the most common reason people remortgage their home is to benefit from a lower interest rate. Other reasons to think about remortgaging include consolidating loan repayments, or wanting a more flexible mortgage.

A proactive conveyancing solicitor in Grays will complete the conveyancing quickly, meaning you move to your lower rate sooner. With the future of interest rates uncertain, fast conveyancing can play a key role in getting onto your new rate as quickly as possible.

Your property lawyer should also be able to act for your chosen mortgage provider. Our conveyancers are panel members of all major banks and building societies, so no matter whether you are moving to a tracker with the HSBC or to a variable-rate mortgage with the Monmouthshire 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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