Leicestershire conveyancing solicitor fees

No Move, No Fee conveyancing in Leicestershire

Conveyancing solicitor fees are what you pay to conveyancing solicitors in Leicestershire for handling the legal work for your move.

Do Leicestershire conveyancing solicitors work on a fixed fee basis?

Some conveyancing solicitors in Leicestershire carry out the legal work on an hourly-rate basis, and other firms will work for a fixed fee ('No Move, No Fee'). We work on a fixed No Sale, No Fee conveyancing basis, with no hidden extras. Your quote sets out what you will be charged when your sale or purchase goes through.

Besides conveyancing fees, what other costs are there?

You must cover the cost of any 'disbursements', in addition to conveyancing solicitor fees.

Disbursements are the costs incurred by the solicitor on your behalf, such as Land Registry fees or indemnity insurance.

See: A guide to conveyancing fees, costs and disbursements

How much will the total conveyancing fees in Leicestershire cost?

Conveyancing solicitor fees in Leicestershire will not vary. There may, however, be some variation in certain disbursements. For example, specific extra searches, such as utilities searches, may be necessary and Local Authority (LA) Search fees will vary.

With Quittance Conveyancing, there are no hidden fees or surprises in the small print. For standard conveyancing transactions, the fees we quote are the fees you pay. Work out the conveyancing fees for your move, with our conveyancing calculator: Click here

Quittance's fees were cheaper - less than half the Estate Agent's recommended solicitor's fees

Conveyancing - Buying a property in Leicestershire

A seller is now required to disclose issues that could affect the value or enjoyment of their property to the prospective buyer.

It is, however, still the duty of the Leicestershire conveyancing solicitor to make enquiries about the property, feed the results of their enquiries back to the buyer, offer pragmatic solutions and ensure that the change of ownership is registered at the Land Registry.

The content below examines those residential property types which may involve extra hazards for buyers who want conveyancing solicitors in Leicestershire.

Your Leicestershire conveyancing solicitor must be lender-approved

There are a wide range of mortgage providers, from a major lender such as the Nationwide Building Society, to a niche lender like Bluestone Mortgages. Before appointing a conveyancing solicitor in Leicestershire, it is essential that you check that they are on the approved panel of your chosen lender.

Your lawyer may not be able to carry out the legal work for your chosen lender, because some lenders only accept a restricted panel of law firms.

If that is the case, the lender will likely require a second solicitor firm to carry out the legal work, and you will be expected to pay this substitute solicitor's fees. Resulting delays can jeopardise the whole purchase.

Failing to check your conveyancer's lender panel status can mean serious delays.

Our solicitors are approved members of all lender panels.

Property Searches (Leicester City Council)

Residential property searches are questions submitted to public bodies by Leicestershire conveyancing solicitors to identify issues affecting your new home.

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

You will be notified if your lender insists on any more searches, such as a radon gas search or a disadvantaged area search.

Homebuyers should expect to wait approximately 7 weeks for Residential property searches ordered from Leicester City Council, so your solicitor will instead apply for quicker personal searches.

Checking planning status

The buyer's conveyancing solicitor will request an Official Copy of the Title Register from the Land Registry. This will help to reveal planning issues, for example restrictive covenants governing the use of the property or outbuildings missing from the title plan.

Leicester City Council Council Tax

The council tax paid by a homeowner is based on various criteria such as the number of occupants aged over 18 and the assessed value of the property in April 1991. The occupier of a property in Tax Band E, for example, would owe annual council tax of £2,164.

A conveyancing solicitor in Leicestershire will inform the buyer of the home's council tax band once this is confirmed by the searches.

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 £1,623.

Other discounts and exemptions may also apply, e.g. unoccupied properties undergoing major repairs or where the property is occupied solely by students. Newer properties are assessed by the Valuation Office Agency and allocated a band.

Band Leicester City Council Tax (2018)
A £1,181
B £1,377
C £1,574
D £1,771
E £2,164
F £2,558
G £2,952
H £3,542
To challenge your banding contact:

Valuation Office Agency
Enkalon House
86-92 Regent Rd
Leicester
LE1 7DD
Leicestershire

It is possible to challenge the council tax band after moving in. Between April 2016 and April 2017, 40 council tax challenges were made, of which 10 were upheld and refunds awarded.

Stamp Duty on Leicestershire properties

The threshold for stamp duty for a residential property is £125k. SDLT is paid after an SDLT1 form is completed. The form is hard to understand in places - even some non-conveyancing solicitors struggle with it.

Quittance's investment in the latest case management system means that HMRC filing complications are a thing of the past.

The following table illustrates Stamp Duty Land Tax examples for average properties in Leicestershire:

  Average selling price (2017) Stamp Duty Land Tax
Average price £237,400 £2,248.00
Average price (detached) £322,243 £6,112.15
Average new build £278,859 £3,942.95

Stamp duty relief for first-time buyers in Leicestershire

First-time buyer stamp duty relief is available on property purchases below £300k. Since 1st April 2016, buyers of second homes are subject to a higher SDLT rate of 3%, even if the property is not rented out. E.g. if a second property was bought for £237,400 then the SDLT including the surcharge would be £11,870.00. .

Leicestershire conveyancing solicitors will ensure the correct amount is calculated.

Buying a flat? Leasehold conveyancing in Leicestershire

New build site

It can be costly to buy a leasehold house or flat if you are unaware of the facts. The many potential problems lying in wait for the unsuspecting buyer include absent freeholders, incomplete management company accounts and unreasonable ground rents.

Serious consequences can result from a less-experienced solicitor's inaccurate leasehold advice.

A experienced conveyancing solicitor in Leicestershire will consider potential leasehold issues, such as :

  • reviewing the lease itself (some leases are over 100 years old)
  • managing agent practices
  • any recent demands for service charges and ground rent
  • the implications of the remaining length of the lease

Make sure that you are fully-informed regarding your decision to buy a leasehold property - Get in touch with our leasehold conveyancing solicitors on 0800 612 0377 today.

Buying a 'New Build' property in Leicestershire?

New build site

According to data compiled by HMLR, 86 new builds have been bought in Leicestershire in 2018 so far. The average cost of new build homes in Leicestershire is £279,049.

Acquiring a new build is frequently more involved than other types of conveyancing. To avoid potential problems a Leicestershire conveyancing solicitor must be conscious of both region-specific factors and also will need to report to clients on a number of issues, such as dealing with lender conditions and confirming rights to use pipes and cables (e.g. phone, data, fibre, electricity).

Our team of new build conveyancers deliver an independent view of the legal title of the house or apartment, scrutinising contract factors ranging from the home's future marketability to sharply increasing ground rent and service charges (where applicable).

Conservation areas in Leicestershire

When acting for the purchaser of a property in Leicestershire, a conveyancing solicitor will need to confirm if the home is in one of Leicestershire's conservation areas. If it is, the home is affected by conditions. Referred to as Article 4 directions, these conditions can include:

  • Limits on roof terraces
  • Restrictions on dormer windows
  • Needing consent to alter doors and guttering

If a property is in breach, you could be legally required (as the new owner) to pay for returning the property to a compliant state, even if the previous owner carried out the alterations.

Your conveyancing solicitor will address whether your planned purchase is located one of Leicestershire's conservation areas.

Conveyancing - Selling a property in Leicestershire

The legal process for a sale of a home is much simpler than for a purchase. With a purchase, the responsibility lies with the purchaser to establish that the property they are buying is legally sound and meets their mortgage lender's criteria.

On the other side of the transaction, conveyancing solicitors in Leicestershire acting for the current owner need only respond to the buyer's solicitor's formal enquiries.

What should you do to help your sale go through?

Frequently occurring issues, such as being situated on a flood plain or chancel repair liability, can significantly endanger the sale conveyancing process.

Don't bury your head, hoping the issue will fix itself - a better course of action will be to get legal advice and tackle it proactively.

Useful reading:

Read more conveyancing advice for sellers.

Selling a leasehold property

The legal work for a leasehold property is significantly more time-consuming than for a more straightforward freehold house.

Conveyancing solicitors in Leicestershire will also need to carry out additional work, which could include collating the latest service charge and ground rent statement, through to any information about regulations affecting the property that are not in the lease.

To help mitigate the delays involved in selling a leasehold house or flat, it is strongly advised that the seller instruct a lawyer as soon as possible.

What if Quittance is already acting for the other side?

Solicitors Regulation Authority (SRA) rules ban the same solicitor from working on behalf of both sides in a house sale. Conveyancers who are regulated by the CLC, however, can act for both parties.

If you are buying or selling a home in Leicestershire, and one of our conveyancing solicitors is acting for the other side, you could contact a local Leicestershire conveyancing solicitor firm to handle your legal work.

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Conveyancing - Remortgaging a property in Leicestershire

People remortgage for a number of reasons, including releasing capital, or the current mortgage deal coming to an end. The most common reason, however, is to save money with a lower rate.

A good conveyancing solicitor in Leicestershire can reduce the remortgage processing time, and move you to the better rate sooner. With the Bank of England base rate now at 0.5% (May 2018) and future interest rate changes hard to predict, fast conveyancing can be a crucial factor in getting onto your new rate as quickly as possible.

In order to ensure that the interests of the lender are protected, the property lawyer handling your remortgage will need to act for both you and your new lender.

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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