Award-winning No Move, No Fee conveyancing for Market Harborough home movers
By Gaynor Haliday, Legal researcher
Updated: October 12, 2018
Quittance offer guaranteed fixed conveyancing fees, and our focus on better communication between all parties means you will never be uninformed about how your sale or purchase is progressing.
Every year Quittance Conveyancing's no sale, no fee property lawyers help residential property buyers and sellers looking for conveyancing solicitors in Market Harborough and across Leicestershire.
In the event that your home move does not ultimately go ahead our no sale no fee guarantee means you won't incur any conveyancing solicitors' legal fees.
Market Harborough's most communicative conveyancing service
According to a survey by the Law Society, nearly half of those asked said poor communication delayed their home purchase or sale.
The charters of both the Law Society's 'Conveyancing Quality Scheme' and the CLC are particularly focused on the issue of conveyancing solicitor communication.
Despite focus from the Solicitors Regulation Authority, inefficient communication is perhaps the most frequent cause of complaints made by homemovers.
Our Market Harborough conveyancing solicitors provide a market-leading property legal service. We provide buyers and sellers with an informative and proactive service using phone, email and online, 7 days a week:
- Lowest Market Harborough conveyancing solicitor fees
- Your dedicated lawyer's contact details
- Access to your complete case online
- Stay in control of your case via your chosen method (including SMS, phone and email)
- Open Mon to Thurs 9am-8pm & Fri 9am-6pm
- Weekend opening - Saturday (9am-1pm)
Updated: October 12, 2018
Market Harborough conveyancing solicitor fees
No Move, No Fee conveyancing in Market Harborough
Conveyancing solicitor fees are the charges you pay to your Market Harborough conveyancing solicitor for the legal work for a home sale or purchase.
Do Market Harborough conveyancing solicitors work on a fixed fee basis?
Some conveyancing solicitors in Market Harborough offer services on a fees per hour basis, whereas others work on a fixed fee (or 'No Move, No Fee'). Quittance's conveyancing solicitors work on a fixed No Move, No Fee basis, with no unexpected, additional costs. Your conveyancing quote will set out what fees you will need to pay when your sale or purchase goes through.
Are there any other costs in addition to conveyancing fees?
On top of the conveyancing fees you will also have to cover any 'disbursements'.
Disbursements are the costs and expenses a solicitor needs to pay out on behalf of a client, such as Stamp Duty Land Tax (SDLT) or landlord's notice fees.
How much will the total conveyancing fees in Market Harborough cost?
Market Harborough conveyancing fees will be the same as anywhere else in the UK. However, there may be some variation in certain disbursements. As examples, Local Authority Search fees can vary and additional region-specific searches, such as a flood plain search, may be needed.
For standard conveyancing transactions, the fees we quote are the fees 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
Conveyancing - Buying a property in Market Harborough
Caveat emptor, (Latin for "let the buyer beware"), was the legal principle of English property law. Following recent changes in the law, this maxim no longer applies. However, it remains the duty of a buyer's legal representative to investigate the house or flat they plan to buy.
The Market Harborough conveyancing solicitor will offer suggestions and advice once their enquiries are complete, offer practical solutions and register the title in the new owner's name.
This section of the article considers those types of property that may be of interest to buyers looking for conveyancing solicitors in Market Harborough.
- Conveyancing solicitors in Leicester
- Conveyancing solicitors in Lutterworth
- Conveyancing solicitors in Northampton
- Conveyancing solicitors in Oxford
- Conveyancing solicitors in Leicestershire
Your Market Harborough conveyancing solicitor must be lender-approved
Homebuyers have many mortgage providers available, from a large lender such as Lloyds Bank, to a niche lender like Handelsbanken. Before you appoint a conveyancing solicitor in Market Harborough, you need to check that they can act in the interests of your lender.
Your lawyer may not be able to carry out the legal work for your lender, because some mortgage lenders will only accept a selected list (their 'panel') of law firms.
Under these circumstances, the lender will probably require a different law firm to carry out the legal work, and you will be expected to pay this alternate solicitor's fees. The additional work can mean the process takes much longer.
Quittance Conveyancing are approved to act for all banks and building societies.
- Lloyds Bank
- Barclays Bank
- HSBC Bank
- The Royal Bank of Scotland
- Santander Bank
- Nationwide Building Society
- Halifax Bank
- All UK lenders
Harborough District Council searches
Residential property searches will be applied for by Market Harborough conveyancing solicitors to expose planning, development and environmental issues that might possibly compromise the value of the property you are buying.
These searches include the local authority (LA) search, drainage & water search, environmental search and chancel repair liability.
You will be made aware if your mortgage lender wants any additional searches, e.g. an HS2 search or a mining search.
Harborough District Council has a typical delivery time of 10 weeks for conveyancing searches, so your lawyer will recommend using quicker personal searches.
Official Entries (or 'office copies') will also be obtained by the purchaser's conveyancing solicitor. This will help to highlight planning issues, for example outbuildings missing from the title plan or limits on the development of the property.
Harborough District Council Council Tax
The council tax paid by a homeowner is based on a number of factors such as the size of the home and the value of the property. E.g. a house in the Harborough District Council area in Band E would pay £2,104 per annum.
A conveyancing solicitor in Market Harborough will inform a buyer of the home's council tax band once they have the Local Authority search results.
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 £1,578.
Other discounts and exemptions could also apply, e.g. unoccupied properties undergoing major repairs or where the property is occupied solely by students.
|Band||Harborough District Council Tax (2018)|
Does anyone ever challenge their valuation?
A property owner can also ask for their property to be reassessed. Contact the VOA for more information on how to challenge your tax band:
Valuation Office Agency
86-92 Regent Rd
Stamp Duty on Market Harborough properties
SDLT is a tax payable on all UK properties where the purchase price exceeds £125,000 (£145,000 in Scotland). The normal process is for the conveyancing solicitor to complete the stamp duty administration. Buyers can complete the SDLT1 themselves but it is not recommended due to the complexity of the form.
HMRC (formerly Inland Revenue) complications and objections are avoided using the latest integrated conveyancing case management system.
This table sets out stamp duty for typical property in Market Harborough:
|Average selling price (2017)||Stamp Duty|
|Average price (detached)||£423,588||£11,179.40|
|Average new build||£324,794||£6,239.70|
Stamp duty relief for first-time buyers in Market Harborough
Since 2017, first-time buyers only need to pay stamp duty on homes valued over £300,000. Following the autumn statement, second home buyers must pay an SDLT surcharge of 3%. For example, if an existing homeowner bought a second home in Market Harborough for the average price of £314,865 the SDLT would be £25,189.20.
Market Harborough conveyancing solicitors should confirm the correct tax is paid.
Buying a flat? Leasehold conveyancing in Market Harborough
The potential risks of purchasing a leasehold property are a source of concern for leasehold property purchasers. Doubling ground rents, reversionary interests and unreasonable managing agent fees are among the many potential difficulties lying in wait for the unsuspecting buyer.
If you are planning to buy a leasehold home, a good conveyancing solicitor in Market Harborough will consider possible leasehold issues, e.g. reviewing the lease itself (some leases are over 100 years old), dealing with freeholders and any recent demands for service charges and ground rent.
Quittance Conveyancing's team of leasehold conveyancing solicitors will make sure that you are fully-informed regarding your decision to buy a leasehold property.
Buying a 'New Build' property in Market Harborough?
8 new build houses and flats have been bought in Market Harborough in 2018 so far, based on statistics published by HM Land Registry. The average sale price of a new build property in Market Harborough is £443,649.
A new-build conveyancing solicitor in Market Harborough needs to be conscious of both local issues and the specific issues associated with new build, such as handling unreasonable delays, ensuring compliance with planning regulations and registering ownership with warranty providers, including NHBC Buildmark, Premier Guarantee? and ICW.
Our highly qualified team of conveyancers specialise in working to tight developer deadlines and ensuring that new build contracts favour the client as much as possible.
Conservation areas in Leicestershire
Whether you are buying a thatched cottage or a Victorian family home, if the property is in a conservation area, any planned alterations to the property may not be accepted by Harborough District Council.
These restrictions, called Article 4 Directions, could include restrictions affecting frontal additions to the property such as a porch, general restrictions governing the use of unsympathetic materials or restrictions on side or 2 storey extensions.
If a property is in breach, the local council could order the owner to pay for the work needed to make the home compliant, even if the previous owner was responsible for the changes.
Parts of Market Harborough lie within a Harborough LPA-governed conservation area. Your conveyancing solicitor will confirm whether the property you are buying is located in one of Market Harborough's conservation areas.
Conveyancing - Selling a property in Market Harborough
The legal process for a property sale is much simpler than for a property purchase. The buyer's conveyancing solicitor carries out detailed research into the property and its legal title. Conveyancing solicitors in Market Harborough acting for the seller effectively just answers the buyer's questions.
Why do sales fall through?
Properties can face possible difficulties (for example having a defective lease or a boundary dispute) that can endanger your home move.
In general, you should face these issues head on and fix them.
- The Essential Conveyancing Guide for Sellers in 2018
- Selling a Green Deal property? What you need to know
- Dispute with a freeholder? What to do before selling your home
For more conveyancing advice for sellers click here.
Sale conveyancing for a leasehold property
The conveyancing process for a leasehold flat (leasehold houses are rare) is significantly more involved than for a freehold house.
The complex nature of leasehold property means that conveyancing solicitors in Market Harborough must carry out additional legal work. This can involve requesting all relevant freeholder information, through to details of any required deed of covenant.
It is highly recommended that you contact a lawyer with leasehold experience as soon as the property is marketed, if not before, to ensure any legal complexity is correctly handled.
Can your conveyancing solicitors act for the buyer and the seller in one transaction?
SRA rules ban a single conveyancing solicitor from acting on both sides in a property sale. A CLC-regulated conveyancer, however, can act for both parties.
You could contact a property solicitor firm in Market Harborough to undertake your conveyancing, if we are acting for the other side.
Local Market Harborough conveyancing solicitor directory
- Bray & Bray, 51 High Street, Market Harborough, Leicestershire, LE16 7AF
- Josiah Hincks Solicitors, 41 High Street, Market Harborough, Leicestershire, LE16 7NL
- Keith Harvey and Company, 43 High Street, Market Harborough, Leicestershire, LE16 7AQ
- Lawson West Solicitors Limited, Millers House, Roman Way, Market Harborough, Leicestershire, LE16 7PQ
- Wartnaby Hefford, 44 High Street, Market Harborough, Leicestershire, LE16 7AH
Conveyancing - Remortgaging a property in Market Harborough
The main reason homeowners remortgage is to benefit from a lower interest rate. Other reasons to switch lenders or mortgage deals include fixing the mortgage on a new discounted rate, or extending the mortgage term.
You should be able to enjoy a better rate earlier with a more proactive conveyancing solicitor in Market Harborough. With the base rate set at 0.5% (May 2018) and future interest rate changes hard to predict, fast conveyancing can be a contributing factor to securing your preferred rate.
To confirm that the parties' interests are protected, the property lawyer will act for both you and the new lender.
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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