Leicestershire conveyancing FAQs
What are the council tax bands in Leicester City Council?
Leicestershire is situated in Leicester City Council. Council tax bands in 2019 are as follows:
|Band||Leicester City Council Tax (2018/19)|
How much stamp duty will I have to pay?
Read more about stamp duty:
How much are conveyancing fees for buying or selling a home in Leicestershire?
Conveyancing fees are comprised of the conveyancer's legal fees and disbursements.
Conveyancing disbursements are the third-party costs paid out on your behalf, e.g. Land Registry fees or leasehold management packs. Legal fees are for the legal work carried out by the solicitor.
Our fees for buying or selling a house in Leicestershire are fixed, which means that for a standard conveyancing transaction, what you pay is exactly what you see in your quote.
Calculate the conveyancing fees for your Leicestershire home move
Our online conveyancing fees calculator gives an instant conveyancing quote with a detailed breakdown of all fees, costs and disbursements for your Leicestershire sale or purchase.
I'm purchasing a home in Leicestershire - what searches do I need?
The standard pack includes:
- Official or Regulated Local Authority Search
- Regulated Drainage and Water Search
- Environmental Search
- Chancel search
Occasionally the location of the property will warrant further searches , for example a radon gas search.
To check the total cost of searches on a Leicestershire move, use our online conveyancing costs calculator.
How long does leasehold conveyancing take in Leicestershire?
Over 90% of flats in the UK are leasehold. Purchasing a leasehold flat can take weeks longer than a freehold home as more technical complexity exists.
Delays in leasehold transactions could include anything from out-of-date contact information for the freeholder to slow receipt of the managing agent information.
Quittance's team of leasehold specialists complete the legal work for 100's of leasehold purchases each month. With specialist expertise there should be far fewer delays.
Does a leasehold property take longer to sell?
Correct, it can take much more time to conduct the conveyancing to sell a leasehold property when compared to conveyancing on a freehold house.
The buyer's conveyancer must review this leasehold-related paperwork, including a copy of buildings insurance for the common parts of the property. Typically, delays are due to the time needed by to get these documents together.
It can take a long time to gather this paperwork if it is difficult to contact the managing agent, so the seller's solicitor should commence this even before a sale has been agreed.
Will I need a conveyancing solicitor if I am remortgaging my Leicestershire property?
Yes, you will need a remortgage conveyancing solicitor.
The base rate is now at 0.75% (Feb 2019). A proactive conveyancing solicitor in Leicestershire can get you onto your new rate as quickly as possible.
Our property lawyers are members of most UK mortgage lenders, so whether you are you are changing to a 100% mortgage with Birmingham Midshires or to a two-year discount with the Bank of Ireland, we can help.