Conveyancing in Launceston
Conveyancing is the legal process of transferring a property from one person to another or the process of securing a mortgage. If you need a solicitor for conveyancing in Launceston, we can help you with fast & proactive conveyancing from a national panel of conveyancing specialists.
We have helped clients in Launceston and throughout Cornwall with buying, selling, buy-to-let, Help to Buy, Right to Buy, shared ownership, new build, leasehold, lease extensions, remortgage and transfer of equity.
Buying property in Launceston
A town in Cornwall, Launceston is known for its Launceston Castle, Lawrence House Museum, and the nearby Bodmin Moor. Launceston is well-served by bus routes to Plymouth and Bude. Launceston has a population of approximately 7,300.
Council Tax in Launceston (2023/24)
Launceston is in Cornwall Council.
Band | Amount |
---|---|
A | £1,480.93 |
B | £1,727.75 |
C | £1,974.57 |
D | £2,221.39 |
E | £2,715.03 |
F | £3,208.67 |
G | £3,702.32 |
H | £4,442.78 |
What do conveyancing solicitors do?
A property lawyer plays a pivotal role in a purchase, and leads you through the legal side of the transaction. They will order searches, raise enquires of the seller's solicitor, review the lease (if applicable) and handle post-completion tasks, including HMLR registration.
Launceston conveyancing solicitors may undertake mining searches, particularly for tin, and radon and mundic checks.
Buying a home with a mortgage?
When purchasing property with a mortgage, it is normal for your solicitor to also act for the bank or building society.
Your transaction could take weeks longer to complete if your property lawyer is not on your chosen mortgage provider's panel.
Over 100 building societies, banks and lenders have approved our chosen partner solicitors, so we can help you complete your Launceston transaction smoothly.
Read more:
Conveyancing for buying a property
Find out if our panel solicitors can act for your mortgage lender
We can also assist home movers in Launceston with the legal work for:
When you buy a property in a conservation area, your solicitor or licensed conveyancer will need to check for planning approval issues, including lack of consent for dormer windows, and facade maintenance obligations. Conservation areas in Launceston and the Cornwall local authority include:Conservation area
Buying a leasehold property
Purchasing a leasehold house or flat can be complex when compared to purchasing a freehold. The many potential traps awaiting an uninformed buyer can include legally technical issues like costly and undisclosed major works and unfair clauses in the lease.
A good property lawyer will look into all potential issues with the lease and report back to you.
Read more:
What you need to know about buying a leasehold property
Should I be wary of buying a leasehold house?
Should I buy a property with a short lease?
Selling property in Launceston
For the sale of a Launceston house or flat, your conveyancing solicitor will compile key documents, such as the sale contract and ID forms, and help you fill out these forms.
They will address potential issues and reply to the buyer's solicitor's inquiries.
To ensure the transaction is straightforward, your solicitor will also liaise with key parties, such as agents, managing agents and lenders.
I am selling a leasehold property in Launceston - what do I need to know?
The conveyancing process for a leasehold flat is a great deal more technical than for a freehold property.
The complexities of leasehold mean conveyancing solicitors in Launceston will need to conduct additional tasks, which could include getting the latest service charge and ground rent statement, through to details of any disputes with the current leaseholder.
In order to resolve any leasehold difficulties faster, It is recommended that you instruct a Launceston conveyancing solicitor as soon as the property is marketed, if not before,.
Conveyancing for selling a property
Remortgaging a property in Launceston
The official base rate is 5.25% (20 April, 2024)
Before appointing a solicitor, your solicitor must be able to act for your lender.
We work with solicitors who are approved members of the majority of lenders. Whether you are changing to an equity release mortgage with Barclays Bank or moving to a lifetime mortgage with Swansea Building Society, our panel solicitors can guide you through the remortgage process.
Read more:
Check our panel solicitors can act for your mortgage lender
Get a remortgage conveyancing quote
Launceston Transfer of equity
Whether you are buying out another part-owner, gifting a property or inheritance tax planning, you will need to transfer equity.
Your conveyancer will deal with the legal work for a low, fixed fee.
Read more:
Transfer of equity Stamp Duty calculator
Get a transfer of equity conveyancing quote
How much does conveyancing cost in Launceston?
On a conveyancing quote, the various costs or charges can be split into two types:
Conveyancing legal fees
The quote will set out the legal fees (inc. VAT) that you'll pay when your transaction completes. These fees are what your solicitor or conveyancer charges you for the legal work that they complete during your property transaction.
Disbursements
The conveyancing quote should also include any disbursements, which are third-party costs, such as Stamp Duty, property searches and a plan search.
Check what's included in your quote
If you are comparing conveyancing quotes, watch out for undisclosed fees missing from the original quote. Some firms may include additional charges in the small print. This can lead to a higher-than-expected final bill.