Updated: October 12, 2018

Long Eaton conveyancing solicitor fees

No Move, No Fee conveyancing in Long Eaton

Conveyancing solicitor fees are the costs you pay to your Long Eaton conveyancing solicitor for the legal work associated with moving home.

Are Long Eaton conveyancing fees and costs fixed?

Our conveyancing solicitors work on a guaranteed fixed conveyancing fee basis with no hidden costs, unlike some other conveyancing solicitors in Long Eaton who will work on an hourly rate. Your quote will set out exactly what you will be charged when your sale or purchase completes.

What are disbursements?

On top of the conveyancing fees you will also have to cover any 'disbursements'.

Disbursements are fees, costs or taxes the conveyancing solicitor will have to pay to other organisations as part of the house-buying and selling process, such as leasehold information packs or Stamp Duty.

See: Complete list of conveyancing fees

How much will conveyancing in Long Eaton cost in total?

Though conveyancing fees in Long Eaton will be the same as anywhere else in the country, there can be variation in the disbursements required. For example, specific extra searches, e.g. transport searches, may be necessary and Local Authority (LA) Search fees will vary.

For a standard conveyancing transaction, the conveyancing fee we quote is the fee you pay. There are no hidden fees or costs to be paid with Quittance. To calculate your conveyancing fees, try our conveyancing fees quote calculator: Click here

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

Conveyancing - Buying a property in Long Eaton

Caveat emptor (buyer beware), was the legal principle of English property law. Since the repeal of the Property Misdescriptions Act in 2013, this rule no longer applies. However, it remains the duty of a buyer's legal representative to investigate their intended purchase.

The Long Eaton conveyancing solicitor will offer professional advice once their enquiries are complete, offer pragmatic solutions and ensure that the full legal ownership is transferred.

This section considers the types of residential property which may involve additional risk for people searching for conveyancing solicitors in Long Eaton for a purchase.

Your Long Eaton conveyancing solicitor must be lender-approved

Whether you are obtaining a mortgage from St James Place Bank, Santander or any other lender, before you select a Long Eaton conveyancing solicitor it is critical that you make sure that they can represent your lender.

Your lawyer may not be able to carry out the legal work for your lender, because some lenders will only accept a selected list (known as a 'lender panel') of legal firms that meet strict criteria.

In this case, the lender will likely need a different solicitor firm to complete the legal work, and you will then have to cover this alternate lawyer's costs. The additional work can mean the process takes much longer.

Your property purchase could be threatened by failing to confirm your property lawyer's lender panel status.

Our conveyancing solicitors can carry out the legal work for all major and minor lenders.

Conveyancing Searches (Erewash Borough Council)

Searches are questions submitted to public bodies by Long Eaton conveyancing solicitors to provide information about your planned purchase. They include:

  • Local Authority (LA) search - covers the details of planning applications, decisions and the enforcement of breaches or violations.
  • Environmental search - covers environmental issues within 500m of the property, including flooding, mining subsidence and the proximity of landfill and contaminated land sites.
  • Drainage & Water search - identifies water mains and sewers. This search also addresses whether the maintenance for these is the owner's responsibility.
  • Chancel repair liability - involves the potential liability owed by the owners of certain property to pay for local parish church repairs. Insurance can be arranged to cover this risk.

Buyers will be informed if your chosen lender needs any more searches, such as a tin mining search or a geological search.

The estimated processing time for conveyancing searches delivered by Erewash Borough Council is 15 weeks, so faster personal searches will be recommended.

Finding planning permissions

The buyer's conveyancing solicitor will request the Title Register from HMLR, assisting with the identification of planning issues. These issues could include the breach of a restrictive covenant or discrepancies between the property boundaries and the title plan.

Erewash Borough Council Council Tax

The council tax paid by a homeowner is based on a number of factors e.g. the layout of the property and the property's value as at 1 April 1991. For instance a property in the Erewash Borough Council area in Valuation Band D would pay £1,731 per annum.

A conveyancing solicitor in Long Eaton will inform a buyer of the property's band as soon as they are notified.

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 £1,298.

Other discounts and exemptions may also apply, e.g. if the property is uninhabited (for the first 60 days) or where the property (land) is a boat mooring or caravan pitch.

Band Erewash Borough Council Tax (2018)
A £1,154
B £1,346
C £1,539
D £1,731
E £2,116
F £2,500
G £2,885
H £3,462

Can I appeal against my band?

In the 2016/17 financial year, 10 council tax challenges were made, and 0 were upheld and refunds awarded. To challenge your banding contact:

Valuation Office Agency
Ground Floor
Ferrers House
Castle Meadow Rd
Nottingham
NG2 1AB
Nottinghamshire

Stamp Duty on Long Eaton properties

Submitting the SDLT1 form to HMRC is difficult and time consuming. The majority of buyers get their property lawyer to do it for them.

If the purchase price of the property you intend to buy is over the £125,000 threshold, you must pay SDLT.

Quittance's specialist post-completion team will ensure that the hard to understand SDLT1 form is completed and submitted to HMRC without delay.

See examples for average Derbyshire properties:

  Average selling price (February 2018) SDLT
Average price £191,704 £1,334.08
Average price (detached) £288,434 £4,421.70
Average new build £229,950 £2,099.00

Stamp duty relief for first-time buyers in Long Eaton

For first-time buyers, stamp duty is only payable on purchases over £300,000. Homeowners must pay a higher rate of SDLT when buying a second home. For example, if an existing homeowner bought a second home in Long Eaton for the average price of £191,704 the stamp duty would be £9,585.20.

Conveyancing solicitors in Long Eaton will ensure the right tax is paid.

Buying a flat? Leasehold conveyancing in Long Eaton

New build site

Over 100,000 UK property owners are trapped in leases with problematic terms. Numerous legal issues could be awaiting the unsuspecting buyer, including sub-letting restrictions and spiralling ground rents.

Severe consequences can result from a less-experienced conveyancing solicitor's erroneous leasehold advice.

If you are planning to purchase a house or flat with a lease, a experienced conveyancing solicitor in Long Eaton will investigate aspects of the leasehold purchase, including sinking funds, service charges and whether they have been collected and reviewing the lease itself (many leases are decades old).

Ensure that you are fully-informed regarding your planned purchase with Quittance Conveyancing's specialist leasehold conveyancing solicitors.

Buying a 'New Build' property in Long Eaton?

House being built

According to data compiled by the HM Land Registry, 61 brand new homes have been bought in Long Eaton in 2018 so far. The average cost of a new build home in Long Eaton is £231,749.

The legal side of buying a new build can be complicated compared to other types of conveyancing. Therefore a Long Eaton conveyancing solicitor needs to be aware of local Long Eaton issues and should investigate several key issues, like handling structural guarantees and negotiating new build contracts.

Our new build team are specialists in ensuring that new build contracts favour the client as much as possible and meeting short developer deadlines.

Derbyshire Conservation areas

When carrying out the conveyancing for a purchase in Long Eaton, a conveyancing solicitor will check if the residential property is in one of Long Eaton's conservation areas. If it is, the home could be affected by certain conditions. Referred to as Article 4 directions, these conditions may include a prohibition on roof terraces, restrictions on extensions normally within Permitted Development rights or restrictions on the addition of cladding.

The local council can order any non-compliant alterations to a property to be changed or removed, such as replacing uPVC windows with traditional wooden frames.

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

Conveyancing - Selling a property in Long Eaton

The legal process for a sale of a house or flat is more straightforward than for a property purchase. The buyer undertakes detailed research on the property and its legal title. Conveyancing solicitors in Long Eaton acting for the vendor merely gathers information relating to the property and answers the purchaser's enquiries .

What could put the sale process at risk?

Common obstacles, like not having a building regulations completion certificate, can potentially hinder the sale process if ignored.

Don't bury your head and hope the buyer's solicitor won't notice - get legal advice and attempt to resolve it as quickly as possible.

Recommended reading:

Read more conveyancing advice for sellers.

Leasehold

The conveyancing process for a leasehold property is a great deal more involved compared to a freehold house.

The complex nature of leasehold property means that conveyancing solicitors in Long Eaton will usually undertake additional work, for example getting an up-to-date service charge statement or any documents pertaining to a variation of the terms of the lease.

It is strongly advised that the seller instruct a conveyancer as soon as an estate agent is chosen to reduce the impact of any leasehold-caused problems.

What if your conveyancing solicitors are acting for the other side?

Solicitors Regulation Authority (SRA) rules ban the same solicitor from acting on both sides in a property sale and purchase. However, CLC-regulated conveyancers, can act for both sides.

If you are buying or selling a property in Long Eaton, and a Quittance conveyancing solicitor is doing the legal work for the other side, you can contact a local Long Eaton conveyancing solicitor firm to carry out your legal work.

Local Long Eaton conveyancing solicitor directory

  • B W Kirk Limited, C/o Sgc Solicitors, 25 Derby Road, Long Eaton, Nottingham, Nottinghamshire, NG10 1NA
  • Ellis - Fermor & Negus Ltd, 35 Derby Road, Long Eaton, Nottingham, Nottinghamshire, NG10 1LU
  • Starkie & Gregory Incorporating Cruickshanks, 25 Derby Road, Long Eaton, Nottingham, Nottinghamshire, NG10 1NA
  • Hawley & Rodgers, 42-44 Market Place, Long Eaton, Nottingham, NG10 1LT
  • Rothera Sharp, 43 Market Place, Long Eaton, Nottingham, NG10 1JL

Conveyancing - Remortgaging a property in Long Eaton

Benefitting from a lower interest rate to reduce monthly expenses is the main reason that people decide to remortgage. There are other reasons, for example releasing equity, or moving from a tracker to a fixed-rate.

You will typically be able to benefit from a better rate earlier with a more proactive conveyancing solicitor in Long Eaton. They will work to shorten the processing time of the legal work. With the future of interest rates uncertain, fast conveyancing can be a crucial factor in getting onto your new rate as quickly as possible.

It is key that the property lawyer carrying out the remortgage is also able to act for your chosen lender. Our conveyancers are panel members of all major banks and building societies, so whether you are changing to a fixed-rate mortgage with Santander or to a two-year discount with the Chelsea 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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