Award-winning No Move, No Fee conveyancing for Olney home movers
By Gaynor Haliday, Legal researcher
Updated: October 12, 2018
We offer 100% fixed conveyancing fees, and because we are committed to proactive communication, you will always be up to speed regarding the progress of your move.
If you are buying or selling a house or flat and need conveyancing solicitors in Olney, our specialist no sale, no fee property lawyers can help.
If, for any reason at all, your property sale or purchase does not complete our no sale no fee service means you will not have to pay any conveyancing solicitors' legal fees.
Olney's most communicative conveyancing service
Unresponsive solicitor communication can be one of the more stressful elements of the whole home moving process.
The service quality standards of both the Conveyancing Quality Scheme (CQS) and the CLC are heavily focussed on the issue of low standards of conveyancing solicitor communication.
Despite focus from regulators, poor communication is one of the most common complaints made about conveyancing solicitors.
Quittance Conveyancing's Olney conveyancing solicitors provide a first-rate property legal service. We deliver to you the answers you need by phone, email and via our case management app, every day of the week:
- Cheapest Olney conveyancing solicitor fees
- Your conveyancer's direct line
- Open Mon to Thurs 9am-8pm & Fri 9am-6pm
- We are open weekends - Saturday (9am-1pm)
- Real-time case status notifications by your chosen method (including SMS, phone and email)
- Powerful online case tracking system
Updated: October 12, 2018
Olney conveyancing solicitor fees
No Move, No Fee conveyancing in Olney
Conveyancing solicitor fees are what you pay your Olney conveyancing solicitor for carrying out the legal work for a property transaction.
Are Olney conveyancing fees and costs fixed?
Our solicitors work on a fixed No Sale, No Fee conveyancing basis with no hidden fees, unlike some other conveyancing solicitors in Olney who will work on a cost per hour basis. Your conveyancing quote sets out what you will pay when your house or flat sale completes.
Are there any other costs?
You will have to pay any 'disbursements', in addition to the legal 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, such as bankruptcy checks or managing agent fees.
How much will conveyancing in Olney cost in total?
Though conveyancing fees in Olney will usually match prices elsewhere in the UK, the disbursements required can vary. For example, Local Authority (LA) Search fees will vary and specific extra searches, e.g. a historic mining search, may be necessary.
For a standard home sale or purchase, the fees we quote are the fees you pay. With Quittance Conveyancing, there are no unexpected costs or surprises in the small print. To calculate your conveyancing fees, try our conveyancing fees quote calculator: Click here
Conveyancing - Buying a property in Olney
Caveat emptor, (Latin for "let the buyer beware"), was a fundamental principle of property law in England and Wales. Following recent changes in the law, this principle no longer applies. However, it remains the duty of a buyer's legal representative to investigate their intended purchase.
A Olney conveyancing solicitor will offer professional advice following their enquiries, deal with any legal issues and confirm that the Land Registry's record of the property is updated.
This section provides useful guidance for buyers who want conveyancing solicitors in Olney.
- Conveyancing solicitors in Aylesbury
- Conveyancing solicitors in Bletchley
- Conveyancing solicitors in High Wycombe
- Conveyancing solicitors in Milton Keynes
- Conveyancing solicitors in Wycombe
- Conveyancing solicitors in Buckinghamshire
Your Olney conveyancing solicitor must be lender-approved
There are around 100 UK lenders, from a large lender such as Birmingham Midshires, to a financial institution like the Chelsea Building Society. Before choosing a Olney conveyancing solicitor, you need to check that they can act for your lender.
Your conveyancer may be unable to act for your lender, because some lenders only accept a select panel of firms.
If this is the case, the lender will need an alternative solicitor firm to carry out the legal work, and you will be expected to pay this alternate solicitor's fees. Handling paperwork and correspondence with this additional party can delay the process.
Quittance Conveyancing are approved members of all lender panels.
- Lloyds Bank
- Barclays Bank
- HSBC Bank
- The Royal Bank of Scotland
- Santander Bank
- Nationwide Building Society
- Halifax Bank
- All UK lenders
Milton Keynes Council searches
Property searches (sometimes referred to as 'conveyancing searches') are enquiries made of government bodies by Olney conveyancing solicitors to give details about the home you want to buy.
Banks and building societies also expect certain searches to be applied for. Required searches will include:
- Local Authority search - includes the LLC1 and CON29 which includes whether the home is in a conservation area
- Drainage & Water search - identifies the location of sewers and water mains, and will confirm whether these are maintained by the local council.
- Environmental search - shows risks within 500 metres of the property, such as toxic chemicals in the land
- 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 lender needs any further searches, e.g. a Crossrail search or a Forestry Commission search.
The average delivery time for Residential property searches ordered from Milton Keynes Council is 14 weeks, so it will be worth using a faster private search company.
Ensuring planning permission is in place
Office copies will also be ordered from HMLR by the conveyancing solicitor acting for the purchaser. This will help to identify potential planning issues, for example that a restrictive covenant has been breached or the title plan showing only very general boundaries.
Milton Keynes Council Council Tax
As a homeowner in Olney, the applicable rate of council tax will vary depending on the value of the home (as assessed in 1991) and the number of people living in it. For instance the occupier of a Band C property in the Milton Keynes Council area would pay annual council tax of £1,487.
Olney conveyancing solicitors will inform a buyer of the home's tax band as soon as they are notified.
If the property is unoccupied for 2 years or more, an additional premium of 50% may be applied to the council tax. Single person discount reduces the tax due to 75% which would equal £1,115.
Other discounts and exemptions may also apply, for example unoccupied properties undergoing major repairs or where the property is uninhabitable.
|Band||Milton Keynes Council Tax (2018)|
Are you about you buy a home in the wrong council tax band?
From April 2016 to March 2017, 70 council tax challenges were made, of which 40 saw a subsequent reduction. To challenge your banding contact:
Valuation Office Agency
59-77 Sheep St
Stamp Duty on Olney properties
Quittance's specialist post-completion team will ensure that the convoluted SDLT1 form is completed and submitted to HMRC without delay.
See table below for SDLT examples for properties in Olney:
|Average sale price (2017)||Stamp Duty|
|Average price (detached)||£464,328||£13,216.40|
|Average new build||-||-|
Stamp duty relief for first-time buyers in Olney
For first-time buyers, stamp duty is only payable on purchases over £300,000.
Olney conveyancing solicitors will confirm the correct tax is paid.
Buying a flat? Leasehold conveyancing in Olney
Buying a leasehold house or flat if you are unaware of the implications is not recommended. The many potential complications lying in wait for an uninformed buyer include exponential ground rents, marriage value issues and incomplete management company accounts.
If you are planning to buy a house or flat with a lease, a good conveyancing solicitor in Olney will consider possible leasehold issues, for example current-year service charge estimates, landlord/tenant disputes and managing agent practices.
Ensure that you are fully-informed regarding your decision to buy a leasehold property - Contact Quittance Conveyancing's team of leasehold conveyancing solicitors today on 0800 612 0377.
Buying a 'New Build' property in Olney?
- newly-constructed homes -, based on data published by HMLR. The average price for new builds in Olney is -.
The legal side of acquiring a new build property is generally more complex than 'standard conveyancing'. To avoid potential problems a Olney conveyancing solicitor should be mindful of local factors and should consider a range of factors, like handling equity loan schemes and ensuring new estate roads are adopted.
Our highly qualified team of new build conveyancers are experts in helping the buyer get the best possible purchase terms and working to tight developer deadlines.
Buckinghamshire Conservation areas
If you are purchasing a house in one of Olney's conservation areas, the property will need to meet any conservation area building controls. These restrictions could include restrictions on the removal of front boundary walls, railings or fences, limits on the use of cladding or restrictions on extensions normally within Permitted Development rights.
The new owner could be ordered to pay for necessary changes to bring a property in line with current regulations, even if the previous owner carried out the alterations.
Parts of Olney are within a conservation area governed by the Milton Keynes local planning authority (LPA). Your conveyancing solicitor will confirm whether the property you are buying is located in one of Olney's conservation areas.
Conveyancing - Selling a property in Olney
Conveyancing for a property sale is less demanding than for a property purchase. When a house or flat changes hands, the responsibility is on the buyer to confirm that the property's title can be mortgaged and is free from legal issues.
In contrast, for a sale, conveyancing solicitors in Olney acting for the existing owner effectively just answer the buyer's questions.
How to give yourself the best chances of success
Issues, such as problems with a party wall agreement, can easily protract a sale if not dealt with promptly.
Don't put off finding a solution, waiting to see if the problem is discovered. Get advice and work to resolve it as quickly as possible.
- What to do if selling a home without planning permission
- The Essential Conveyancing Guide for Sellers in 2018
- Boundary disputes - what to do before selling your home
Read more sale conveyancing articles here.
Sale conveyancing for a leasehold property
The legal work for a leasehold property is a great deal more specialised than for a freehold house.
Conveyancing solicitors in Olney will also need to carry out additional work, and this could include requesting a complete pack of managing agent information, through to a copy of the insurance policy.
To help mitigate the delays involved in selling a leasehold house or flat, it is strongly advised that the seller instruct a conveyancer as early as possible.
Can Quittance conveyancers act for both sides?
Solicitors Regulation Authority rules ban the same conveyancing solicitor from working on behalf of both sides in a house sale and purchase. Conveyancers who are regulated by the CLC, however, can act for both the buyer and the seller.
You could contact a property solicitor firm in Olney to undertake your conveyancing, if a Quittance conveyancer is acting for the other side.
Local Olney conveyancing solicitor directory
- J Garrard & Allen, 4 High Street, Olney, Buckinghamshire, MK46 4BB
Conveyancing - Remortgaging a property in Olney
Although people consider remortgaging for a range of reasons, people generally remortgage to reduce the monthly repayments.
A proactive conveyancing solicitor in Olney will complete the conveyancing quickly, meaning you move to your lower rate sooner. With the future of interest rates unclear, fast conveyancing can play a key role in getting onto your new rate as quickly as possible.
It is important that your property lawyer is also able to act for your preferred mortgage provider. Our conveyancers are panel members of all major banks and building societies. So no matter whether you are changing to an interest-only mortgage with the Halifax or to a fixed-rate mortgage with the Barnsley Building Society, Quittance can help.
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
Instant onlineconveyancing solicitor quote
Quittance Conveyancing delivers fast, proactive and communication-focused conveyancing to Olney home buyers and sellers. Your dedicated conveyancer will keep you informed every step of the way.
Get a quote
Get a conveyancing solicitor quote for your Olney property sale, purchase or remortgage.Get a quote online
or call us on 0800 612 0377
Compare solicitor quotes
Find out more about how to compare conveyancing solicitor quotes in 2018.Find out more
If you have any questions or would like to discuss your sale or purchase with an expert, email us at:
Ask a conveyancing expert
If you have any questions about getting a conveyancing quote or any aspect of the conveyancing process, let us know: