Award-winning No Move, No Fee conveyancing for Newport home movers
By Gaynor Haliday, Legal researcher
Updated: October 12, 2018
Whether you are buying, selling or remortgaging a house or flat and need conveyancing solicitors in Newport, Quittance Conveyancing's No Sale, No Fee property lawyers can help.
We offer 100% fixed conveyancing fees, and because we focus on proactive communication, you will always be up to speed regarding the progress of your move.
If, for whatever reason, your sale or purchase does not complete our no move no fee promise means you won't incur any conveyancing solicitors' legal fees at all.
Newport's most communicative conveyancing service
According to a survey by the Law Society, over 45% of the people asked said that it was poor communication that delayed their home move.
The regulators of Newport property solicitors are particularly focused on promoting proactive communication, and the client charters of the Council for Licensed Conveyancers and the Law Society's CQS make explicit reference to the required standard of communication.
Even so, a survey carried out by the Conveyancing Association determined one quarter of home purchases and sales never complete as the result of delays caused by inadequate communication.
Quittance Conveyancing's team of Newport conveyancing solicitors deliver a first-rate conveyancing service. We deliver to clients a proactive and informative service by phone, email and via online case management, 7 days a week:
- Cheapest Newport conveyancing solicitors fees
- View your complete file online
- Regular case updates by your chosen method (including SMS, phone and email)
- Your dedicated conveyancing lawyer's DDI and email address
- Open Mon to Thurs 9am-8pm & Fri 9am-6pm
- We are open weekends - Saturday (9am-1pm)
Updated: October 12, 2018
Newport conveyancing solicitor fees
No Move, No Fee conveyancing in Newport
Conveyancing solicitor fees are the costs you pay to your Newport conveyancing solicitor for the legal work associated with moving home.
Are Newport conveyancing fees and costs fixed?
Some conveyancing solicitors in Newport will work on an hourly-rate basis, and other firms will work for a fixed fee ('No Move, No Fee'). Our conveyancing solicitors work on a fixed No Sale, No Fee basis, with no hidden costs. Your quote sets out all fees and disbursements you will need to pay when your house or flat sale completes.
Are there any other costs in addition to conveyancing fees?
You will need to budget for 'disbursements', in addition to the solicitor's conveyancing fees.
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. These include costs like telegraphic transfer fees or property searches.
How much will the total conveyancing fees in Newport cost?
While conveyancing fees in Newport will be the same as anywhere else in the country, the disbursements required can vary. For example, Local Authority (LA) Search fees will vary and specific extra searches, e.g. a mining search, may be necessary.
With Quittance, there are no hidden costs or nasty surprises. For a standard sale or purchase, the fees we quote are the fees you pay. To calculate your conveyancing fees, try our conveyancing fees quote calculator: Click here
Conveyancing - Buying a property in Newport
The university and cathedral city of Newport lies on the River Usk close to the Severn estuary in Wales and forms part of the Cardiff-Newport metropolitan area. Close to the Wye Valley Area of Outstanding Natural Beauty, the Brecon Beacons, the Gower coast and the Vale of Usk, the city offers an excellent quality of life with acclaimed schools, beautiful scenery and a lively sporting and entertainment scene.
The city centre is undergoing an investment programme to create new housing, retail, commercial and recreational facilities.
Excellent transport links to the rest of the UK and house prices around 60% of the national average, help make Newport a popular place to settle.
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Conveyancing for buyers
The legal work for a property buyer requires the Newport conveyancing solicitor to consider a wide range of issues. Examples of such issues can range from defective property title (e.g. the title is subject to an estate contract) to sitting tenants affecting the mortgageability of the property.
The solicitor will feed the results of their enquiries back to the buyer and their bank or lender (if there is a mortgage), find solutions to outstanding defects and other issues and ensure the title is transferred to the new owner.
This section of the article examines the kinds of property that may carry risks for homebuyers searching for conveyancing solicitors in Newport.
Your Newport conveyancing solicitor must be lender-approved
Irrespective of whether your mortgage is with a large lender like Yorkshire Bank or a less common lender such as the Leeds Building Society, before choosing a conveyancing solicitor in Newport it is essential that you check that they are approved by your chosen lender.
Your solicitor may not be able to carry out the legal work on behalf of your chosen lender, because some banks and building societies only accept a select group (often referred to as a 'panel') of solicitors or licensed conveyancers that pass strict selection criteria.
If that is the case, the lender will require an alternative firm to complete the legal work, and you will usually need to pay this alternative lawyer's costs. Resulting delays can jeopardise the whole purchase.
Quittance Conveyancing can act for all lenders.
- Lloyds Bank
- Barclays Bank
- HSBC Bank
- The Royal Bank of Scotland
- Santander Bank
- Nationwide Building Society
- Halifax Bank
- All UK lenders
Newport Council searches and other searches
Property searches are questions submitted to public bodies by Newport conveyancing solicitors to help uncover relevant information about your new home. They include:
- Local Authority search - exposes issues like road schemes that could affect the property
- Drainage & Water search - describes water mains and sewers, and confirms if these are privately maintained
- Environmental search - reveals contaminated land, landfill sites and flooding or subsidence within 500m of the property.
- Chancel repair liability - describes the insurance to protect against any liability owed by Newport properties for local parish repairs.
Your solicitor will tell you if your lender wants any more searches, such as a Crossrail search or a more detailed environmental report.
Newport Council has an approximate processing time of 8 weeks for Residential property searches, so quicker regulated searches will be recommended.
Your conveyancing solicitor also retrieves an 'Official Copy of the Title Register' from the Land Registry, helping to evidence potential planning issues. These issues could include limits on the development of the property or discrepancies with the filed plan.
Newport Council Council Tax
Newport Council calculate council tax on Newport homes based on the number of occupants and the historic value of the property (as valued at 1 April 1991). For example, for an average Valuation Band B home in Newport, the amount due would be £1,012.
Newport conveyancing solicitors will inform the purchaser of the property's band after 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 £759.
Other discounts and exemptions may also apply, e.g. unoccupied properties undergoing major repairs or structural changes or if an occupier is a student nurse. The Valuation Office Agency calculate bandings for newly-built homes, and where the owner has requested a revaluation.
|Band||Newport Council Tax (2018)|
Is it possible to reduce my council tax band?To appeal contact:
Valuation Office Agency
Ty Glas Road
The Valuation Office Agency should reassess a property's band on request. Councils prefer that this be done within six months of buying a property.
Stamp Duty on Newport properties
SDLT will almost always need to be paid if the residential property being purchased is valued at over £125k. Doing the SDLT1 form yourself is confusing and not for the inexperienced.
Quittance Conveyancing is able to administer the SDLT process faster and more efficiently than ever, using integrated online systems.
See examples for typical local properties:
|Average sale price (2018 to date)||SDLT|
|Average price (detached)||£296,806||£4,840.30|
|Average new build||£234,827||£2,196.54|
Stamp duty relief for first-time buyers in Newport
Relief is available on home purchases below £300k for first-time buyers with relief up to £500,000 in some areas. Homeowners must pay a higher rate of SDLT when buying a second home. For example, if an existing homeowner bought a second home in Newport for the average price of £169,687 the SDLT would be £8,484.35.
Conveyancing solicitors in Newport will confirm the right amount is calculated.
Buying a flat? Leasehold conveyancing in Newport
The risks associated with buying a leasehold property in the UK are well known. Increasing ground rents, costly and undisclosed major works and restrictions on the use of the property are only some of the many common complications awaiting an uninformed buyer.
A good conveyancing solicitor in Newport will investigate aspects of the leasehold purchase, for example service charges, unexpired lease terms and dealing with freeholders.
Our leasehold conveyancing solicitor team will ensure that you are fully-informed regarding your decision to buy a leasehold property.
Buying a 'New Build' property in Newport?
According to data gathered by the Land Registry, 20 newly-constructed homes have been bought in Newport in 2018 so far. The average cost of new build property in Newport is £234,827.
Acquiring a new build property is frequently more involved than other types of conveyancing. Therefore a Newport conveyancing solicitor must be mindful of local Newport factors and will consider a range of issues, e.g. dealing with fast exchange timeframes and ensuring new estate roads are adopted.
Our conveyancing team are specialists in meeting short developer deadlines and ensuring that new build contracts favour the client as much as possible.
Purchasing property in a conservation area will usually mean that the local character is unlikely to drastically change. However, conservation area building controls will affect your property.
These restrictions could include anything from restrictions on the addition of flues and soil vent pipes, to restrictions preventing the addition of frontal sloping rooflights.
The local authority 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 Newport's conservation areas.
Conveyancing - Selling a property in Newport
The legal process for a sale of a house or flat is simpler than for a purchase. For a house purchase, the onus lies with the purchaser to satisfy themselves that the title of the property can be mortgaged and is free from legal issues.
On the other hand, when selling, conveyancing solicitors in Newport acting for the vendor for the most part just answer the buyer's questions.
What factors could threaten your sale?
Common issues, like having right or way issues (such as being landlocked), have the potential to prolong the sale conveyancing process if they are ignored.
It is almost always recommended for vendors to address such issues immediately.
- No electrical completion certificate? What to do before selling your home
- The Essential Conveyancing Guide for Sellers in 2018
- Selling a leasehold flat? What to do before going on the market
For more conveyancing advice for sellers click here.
Sale conveyancing for a leasehold property
The legal work for a leasehold flat is quite a lot more protracted than for a more straightforward freehold house.
Conveyancing solicitors in Newport will also carry out additional work, such as requesting all relevant freeholder information, through to details of any deed of variation.
It is highly recommended that the vendor contact a solicitor as soon as an estate agent is chosen to help mitigate (somewhat inevitable) leasehold delays.
Can Quittance conveyancers act for the buyer and the seller of the same property?
A CLC-regulated conveyancer can act for both parties. However, SRA rules ban a single conveyancing solicitor from working on behalf of both sides in a property sale and purchase.
If you are buying or selling a property in Newport, and a Quittance conveyancing solicitor is carrying out the legal work for the other side, you may wish to contact a property solicitor firm in Newport to carry out your conveyancing.0
Conveyancing - Remortgaging a property in Newport
By far the most common reason people remortgage a home is to get a more attractive interest rate. Other reasons to switch lenders or mortgage deals include getting on to a new fixed-rate deal, or releasing equity.
You will typically be able to benefit from a lower rate sooner by using a more efficient conveyancing solicitor in Newport. They will work to shorten the processing time of the legal work. With the base rate set at 0.5% (May 2018), fast conveyancing can play a key role in getting on to the rate you want.
It is critical that the property lawyer handling your remortgage can also represent your new lender. Our conveyancing team are on the panel for all major UK lenders, so whether you are changing to a 95% mortgage with the Nationwide Building Society or to a fixed-rate mortgage with the Buckinghamshire Building Society, our remortgage team can assist.
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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