Updated: October 12, 2018

Hayling Island conveyancing solicitor fees and costs

No Move, No Fee conveyancing in Hayling Island

Conveyancing solicitor fees are the amounts you pay conveyancing solicitors in Hayling Island for the legal work for a home sale or purchase.

Are Hayling Island conveyancing fees and costs fixed?

Some conveyancing solicitors in Hayling Island carry out the legal work on a price per hour basis. Some conveyancers will complete the work for a fixed fee (or 'No Move, No Fee'). Our conveyancing solicitors work on fixed legal fees (known as 'No Sale, No Fee' or 'No Move, No Fee'), with no hidden costs. Your quote will set out all fees and disbursements you will need to pay when your property transaction has completed.

What are disbursements?

You will need to budget for '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 Stamp Duty Land Tax or leasehold information packs.

See: A guide to conveyancing fees, costs and disbursements

How much will the total Hayling Island solicitor conveyancing fees be?

Hayling Island conveyancing solicitor fees will be the same as anywhere else in the UK. However, the costs of certain disbursements can vary. As examples, additional region-specific searches, e.g. a flooding search, may be needed and Local Authority Search fees can vary.

For a standard sale or purchase, the fees we quote are the fees you pay. With Quittance Conveyancing, there are absolutely no hidden costs. Calculate the conveyancing fees for your move, with our conveyancing fees calculator: Click here

Quittance delivered an excellent service at the lowest conveyancing fees we could find

Conveyancing - Buying a property in Hayling Island

Caveat emptor, (Latin for "let the buyer beware"), was a fundamental principle of English property law. After the introduction of the Consumer Trading Regulations (CPR), this rule no longer applies. However, the buyer still will need to investigate their intended purchase.

A conveyancing solicitor in Hayling Island will make recommendations once their enquiries are complete, deal with any legal problems and make sure that the title is registered in the name of the new buyer.

This section of the article provides advice to assist homebuyers searching for conveyancing solicitors in Hayling Island.

Your Hayling Island conveyancing solicitor must be lender-approved

Regardless of whether your mortgage is with a large lender like Bank of Ireland or a financial institution such as the Barnsley Building Society, before choosing a Hayling Island conveyancing solicitor you need to check that they can represent your chosen lender.

Your lawyer may be unable to act for your chosen lender, because some banks and building societies will only work with a select panel of legal firms.

If this is the case, the lender will probably need a second legal firm to complete the legal work, and you will usually need to pay this second lawyer's costs. Handling paperwork and correspondence with this additional party can delay the process.

Significant delays can result from failing to confirm your conveyancing lawyer's lender panel status.

Quittance Conveyancing can carry out the legal work for all major and minor lenders.

Property Searches (Havant District Council)

Searches are enquiries made of various authorities by Hayling Island conveyancing solicitors to identify information and potential issues affecting your new home.

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

Your solicitor will notify you if your mortgage lender requires any more searches, such as a highways authority search or an agricultural search.

The estimated turnaround time for LA searches obtained from Havant District Council is 9 weeks. As a result, quicker regulated searches will be recommended.

Checking planning status

Your conveyancing solicitor will get office copies from HM Land Registry. This helps to find any planning issues. Examples of these include discrepancies with the filed plan or a restrictive covenant against certain alterations.

Havant District Council Council Tax

The amount of council tax a homeowner in Hayling Island will pay to Havant District Council will depend on the property's value and the number of residents. E.g. the occupier of a Tax Band D house in the Havant District Council area would pay annual council tax of £1,643.

Hayling Island conveyancing solicitors 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 £1,232.

Other discounts and exemptions could also apply, for example if the property is uninhabited (for the first 60 days) or if you are a live in carer looking after someone who isn't a spouse or relative. Homes constructed after 1991 are assigned a council tax band by the Valuation Office Agency (VOA).

Band Havant District Council Tax (2018)
A £1,095
B £1,278
C £1,460
D £1,643
E £2,008
F £2,373
G £2,738
H £3,285

Can I dispute my council tax rate?

To challenge your banding contact:

Valuation Office Agency
Broadlands House
Staplers Rd
Newport
PO30 2HX
Isle of Wight

In 2016/17, 30 council tax challenges were made, and 10 were approved and the tax was reduced.

Stamp Duty on Hayling Island properties

Submitting the SDLT1 form to HM Revenue & Customs is difficult and time consuming. The majority of purchasers get their conveyancing solicitor to do it for them.

The current Stamp Duty Land Tax threshold is £125k.

Quittance use smart case management systems to ensure that mistakes are not made on the Stamp Duty Land Tax process.

See SDLT examples for properties in Hayling Island:

  Average sale price (2017) Stamp Duty
Average price £324,139 £6,206.95
Average price (detached) £418,879 £10,943.95
Average new build £348,512 £7,425.60

Stamp duty relief for first-time buyers in Hayling Island

Relief is available on home purchases below £300k for first-time buyers. Since 1st April 2016, buyers of second homes are subject to a 3% surcharge, even if the property is not let out. For example, if a homeowner bought a second home in Hayling Island for the average price of £324,139 the stamp duty would be £25,931.12.

Hayling Island conveyancing solicitors will confirm the correct tax is paid.

Buying a flat? Leasehold conveyancing in Hayling Island

New build site

It has been recently reported that over 100,000 homeowners in the UK are trapped in leases with unreasonable lease clauses. The many potential problems awaiting the unsuspecting buyer could include unreasonable ground rents and unreasonable lease extension premiums.

Incomplete leasehold information, delivered by an inexperienced solicitor, can have costly, long-term consequences.

If you are planning to buy a property with a lease, a good conveyancing solicitor in Hayling Island will consider possible leasehold issues, such as reviewing the lease itself (some documents can be centuries old), absent freeholders and service charge records from the last three years.

Make sure that you are aware of all the potential issues and costs associated with the lease with our leasehold conveyancing solicitors.

Buying a 'New Build' property in Hayling Island?

House being built

The average purchase price of new build homes in Hayling Island is £370,000, according to HM Land Registry. 1 new build homes have been bought in Hayling Island in 2018 so far.

Purchasing a new build property is more involved than any other type of conveyancing. To prevent difficulties arising a conveyancing solicitor in Hayling Island needs to be conscious of local Hayling Island issues and needs to consider a range of factors, like working to tight developer deadlines and handling initial Land Registry registration.

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

Conservation areas in Hampshire

When acting for the buyer of a home in Hayling Island, a conveyancing solicitor will need to check whether the house is in a conservation area in Hayling Island. If it is, the property will be affected by specific constraints. These constraints, called Article 4 Directions, can include:

  • Limits on the use of non-traditional building materials
  • A ban on VELUX windows
  • Restrictions on outbuildings and extensions

If a property is in breach, the owner could be instructed to pay for the property to be returned to a compliant state, even if the previous owner carried out the alterations.

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

Conveyancing - Selling a property in Hayling Island

The conveyancing process on a property sale usually requires less work than when purchasing. When a house or flat changes hands, the obligation lies entirely with the buyer to make sure that the property they are purchasing is mortgageable and is (or can be) registered at the Land Registry.

On the other side of the transaction, conveyancing solicitors in Hayling Island acting for the current owner only need to answer the buyer's questions.

Factors that could delay or endanger a property sale

Properties will often come with any number of legal problems (such as having a flying freehold) which may protract your home move.

It is generally recommended that sellers handle such issues without delay.

Useful reading:

Read more helpful advice for sellers here.

Leasehold

The conveyancing process for a leasehold property is quite a lot more complicated in comparison with a freehold house.

Conveyancing solicitors in Hayling Island will also perform extra work, for example asking for service charge accounts, through to a copy of the buildings insurance for the common parts.

It is strongly advised that you contact a leasehold specialist as soon as possible to avoid undue delays.

Can Quittance conveyancers act for both parties?

SRA rules restrict the same solicitor from acting on both sides in a house sale and purchase. However, CLC-regulated conveyancers, can act for both parties.

If you are buying or selling a Hayling Island home, and a Quittance solicitor is acting for the other side, you may wish to contact a property solicitor firm in Hayling Island to carry out your conveyancing.

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Conveyancing - Remortgaging a property in Hayling Island

Saving money on a better rate is primarily why homeowners remortgage. There are other reasons, for example funding a one-off purchase, or the current mortgage deal coming to an end.

A good conveyancing solicitor in Hayling Island will complete the conveyancing quickly, meaning you move to your lower rate sooner. With the Bank of England base rate now at 0.5% (May 2018), fast conveyancing can be a key consideration when getting on to the rate you want.

It is key that the property lawyer handling your remortgage can act on behalf of your chosen lender. Our conveyancers are on all major lenders' panels, so whether you are moving to a lifetime tracker mortgage with the Royal Bank of Scotland or to a long-term fixed mortgage with the Harpenden 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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