Updated: October 12, 2018

Leatherhead conveyancing solicitor fees and costs

No Move, No Fee conveyancing in Leatherhead

Conveyancing solicitor fees will be paid conveyancing solicitors in Leatherhead for the legal work associated with moving home.

Do Leatherhead conveyancing solicitors work on a fixed fee basis?

Some conveyancing solicitors in Leatherhead offer services on an hourly rate, and other firms will work for a fixed fee ('No Move, No Fee'). Our solicitors work on a No Sale, No Fee basis, with no unexpected, additional costs. Your conveyancing quote sets out what you will pay when your sale or purchase completes.

Are there any other costs?

You will have to pay any 'disbursements', in addition to the solicitor's conveyancing fees.

Disbursements are the costs incurred by the solicitor on your behalf. These include costs like TT fees or local authority searches.

See: A guide to all conveyancing fees

How much will conveyancing in Leatherhead cost in total?

While conveyancing fees in Leatherhead will be the same as anywhere else in the country, the disbursements required can vary. For example, specific extra searches, e.g. a historic mining search, may be necessary and Local Authority Search fees can vary.

With Quittance, there are no unexpected costs or surprises in the small print. For standard conveyancing transactions, the fees we quote are the fees you pay. To calculate your conveyancing fees, 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 Leatherhead

In carrying out the legal work for a property buyer, the conveyancing solicitor in Leatherhead will carry out due diligence on the legal ownership rights or 'title' of the property and feed the results of their enquiries back to the buyer.

The solicitor will make recommendations following their enquiries, assist in resolving any issues and register the new owner's title at the Land Registry.

This section discusses the types of residential property that could involve extra risk for people who need conveyancing solicitors in Leatherhead for a purchase.

Your Leatherhead conveyancing solicitor must be lender-approved

Whether you are getting a mortgage from Lloyds Bank, the Market Harborough Building Society or any other lender, before selecting a Leatherhead conveyancing solicitor it is essential that you check that they can act on behalf of your mortgage lender.

Quite a few lenders will only work with a select panel of legal firms. If your solicitor cannot act for your mortgage lender, the lender will probably require a different law firm to complete the legal work.

You will be expected to pay this substitute lawyer's costs, and weeks could be added to the conveyancing process.

Your property purchase could be put at risk by failing to check your conveyancer's lender panel status.

Our conveyancing solicitors can act on behalf of all banks and building societies.

Mole Valley Council searches

Residential property searches are submitted by Leatherhead conveyancing solicitors to help spot issues that might compromise the value of your property.

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

More specialised searches, such as a radon gas search or an energy search, may also be referred to subject to the outcome of the initial searches.

Mole Valley Council has an average turnaround time of 6 weeks for Local Authority searches. Personal searches (as opposed to official LA searches) will therefore delivered sooner.

Checking planning permission status

The conveyancing solicitor acting for the buyer will also obtain office copies from HM Land Registry. This will help to highlight any potential issues, for example a restrictive covenant against certain alterations or discrepancies between the property boundaries and the title plan.

Mole Valley Council Council Tax

The amount of council tax a homeowner in Leatherhead will pay to Mole Valley Council will depend on the property's value and the number of residents. For example, for an average Valuation Band E home in Leatherhead, the council tax amount would be £2,236 per year.

Conveyancing solicitors in Leatherhead will inform a purchaser of the home's council tax band as soon as they are notified.

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 £1,677.

Other discounts and exemptions could also apply, for example unoccupied properties undergoing major repairs or if the resident is living in long term residential care.

Band Mole Valley Council Tax (2018)
A £1,220
B £1,423
C £1,626
D £1,829
E £2,236
F £2,642
G £3,049
H £3,659

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

To challenge your banding contact:

Valuation Office Agency
First Floor
Warwick House
67 Station Rd
Redhill
RH1 1DL
Surrey

The Valuation Office Agency (VOA) should reassess a property's band on request.

Stamp Duty on Leatherhead properties

Stamp Duty Land Tax is paid after an SDLT1 form is completed. The form is hard to understand in places - even some non-conveyancing solicitors struggle with it.

If the purchase price of your new home is over the £125k threshold (excluding 'chattels' or 'fixtures and fittings'), the stamp duty becomes chargeable.

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

See table below for SDLT examples for homes in Leatherhead:

  Average selling price (2017) Stamp Duty
Average price £719,954 £25,997.70
Average price (detached) £1,021,280 £45,878.00
Average new build £344,979 £7,248.95
Following the autumn statement, second home buyers must pay an SDLT surcharge of 3%. Therefore, if a homeowner in Leatherhead bought a second home for the average price of £719,954 the SDLT would be £57,596.32.

Stamp duty relief for first-time buyers in Leatherhead

Since November 2017, if you are a first-time buyer, you only pay stamp duty on property valued at over £300,000.

Conveyancing solicitors in Leatherhead should confirm the correct tax is paid.

Buying a flat? Leasehold conveyancing in Leatherhead

New build site

The drawbacks of buying a leasehold house or flat in the UK are generally well known. The many potential traps awaiting an uninformed purchaser could include:

  • unpaid service charges by the existing leaseholder
  • restrictions on the use of the property
  • unfair clauses in the lease
  • increasing ground rents
Serious financial ramifications can result from an inexperienced solicitor's bad leasehold advice.

If you intend to purchase a property with a lease, a specialist conveyancing solicitor in Leatherhead will address aspects of leasehold, for example :

  • checking the lease itself
  • dealing with freeholders
  • any recent demands for service charges and ground rent
  • freeholder plans to sell the building

Ensure that you are fully-informed regarding your planned purchase with our leasehold conveyancing solicitors.

Buying a 'New Build' property in Leatherhead?

Building site

1 brand new properties have been bought in Leatherhead in 2018 so far, based on data from the HM Land Registry. The average value of Leatherhead new builds is £193,333.

Purchasing a new build property can be more involved than any other type of conveyancing. To avoid potential problems a conveyancing solicitor in Leatherhead must be aware of both region-specific factors and also needs to consider a range of factors, such as ensuring that new build mortgage conditions are met and administering Help to Buy purchases.

Our team of new build conveyancers are experts in working to developer exchange timeframes and helping the buyer get the best possible purchase terms.

Surrey Conservation areas

When acting for the buyer of a home in Leatherhead, a conveyancing solicitor will check if the house is in a conservation area in Leatherhead. If it is, the home will be affected by specific restrictions. These restrictions, referred to as Article 4 Directions, could include:

  • Limits on the use of non-traditional building materials
  • A ban on uPVC window frames
  • Restrictions on outbuildings and extensions

The local authority can order any non-compliant alterations to a property to be changed or removed, such as removing a garden fence or gate.

Parts of Leatherhead are within a conservation area governed by the Mole Valley local planning authority (LPA). Your conveyancing solicitor will confirm whether the property you are buying is located in one of Leatherhead's conservation areas.

Conveyancing - Selling a property in Leatherhead

The legal work involved in a sale of a house or flat is generally simpler than for a purchase. The purchaser does a thorough legal appraisal on the home. Conveyancing solicitors in Leatherhead acting for the vendor effectively just gathers information relating to the property and answers the purchaser's enquiries .

What measures can you take to improve the odds of your sale going through?

Homes can face many potential roadblocks (such as not being connected to the main sewers or being in an area threatened by local development) which may prolong the sale process.

In most cases, you should handle these issues as soon as they come to light.

Recommended reading:

Read more helpful advice for sellers here.

Leasehold flats

The legal work for a leasehold flat is a great deal more time-consuming than it is for a freehold home.

Leatherhead conveyancing solicitors will also need to carry out additional work, and this could include liaising with the management company to obtain the freeholder pack, through to ascertaining if a license to assign is required.

It is usually counter-productive to hold off instructing a solicitor as soon as possible to help mitigate leasehold delays.

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, SRA rules prevent the same solicitor from acting on both sides in a house sale.

You may want to instruct a property solicitor firm in Leatherhead to carry out your conveyancing, if we are acting for the other side.

Local Leatherhead conveyancing solicitor directory

  • Coleman & Betts, Bank Chambers, 20 North Street, Leatherhead, Surrey, KT22 7AT
  • The Family Law Partnership Limited, Wesley House, Bull Hill, Leatherhead, Surrey, KT22 7AH
  • TWM Solicitors LLP, Sweech House, Gravel Hill, Leatherhead, Surrey, KT22 7HF
  • Palmer and Palmer Solicitors Limited, 35 Bridge Street, Leatherhead, Surrey, KT22 8BN
  • Sheppersons, 33 Bridge Street, Leatherhead, Surrey, KT22 8BN

Conveyancing - Remortgaging a property in Leatherhead

Homeowners remortgage a home for a number of reasons, for example extending the mortgage term, or switching from interest-only to repayment. By far the most common reason, however, is to save money with a lower rate.

An efficient conveyancing solicitor in Leatherhead can reduce the remortgage processing time, helping you get onto the lower rate earlier. With the base rate now at 0.5% (May 2018) and the future of interest rates unclear, fast conveyancing can be a crucial factor in getting onto your new rate as quickly as possible.

It is vital that the property lawyer handling your remortgage can represent your preferred lender. Quittance Conveyancing are panel members of all major banks and building societies, so no matter whether you are switching to a variable-rate with the Halifax or to a fixed-rate mortgage with the Market Harborough Building Society, our remortgage specialists 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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