Reading, situated in the upper Thames valley at the confluence of the rivers Kennet and Thames, is the county town of Royal Berkshire.
In 2016, following KPMG's Tech Monitor, naming Reading as the number one tech centre in the country, the area was identified as a 'silicon hub' - attracting tech workers out of London. It is ranked the UK's top area for economic success and wellbeing, according to factors such as employment, health, income and skills.
This, coupled with its close proximity to London (only 30 minutes by rail), has ensured that the property market in Reading remains buoyant, with values rising 16% over the last 2 years.
Reading conveyancing FAQs
How much Council Tax will I pay for a property in Reading Borough Council in 2021?
Reading is situated in Reading Borough Council. Council tax bands are:
|Band||Reading UA Council Tax (2021/22)|
How much are conveyancing fees for buying or selling a home in Reading?
Conveyancing fees are made up of legal fees and disbursements.
Conveyancing disbursements are the extra third-party costs incurred on your behalf, for example HMLR registration fees or landlord fees. Legal fees are for the work your solicitor carries out for you.
Your conveyancing fees for buying or selling a house in Reading are fixed, so for a standard conveyancing transaction, what you pay is exactly what you see in your quote.
Calculate the conveyancing fees for your Reading home move
Our conveyancing fees calculator gives an instant conveyancing quote including all of the legal costs involved in buying and selling your home.
Will I need property searches when buying a property in Reading?
Property searches are questions submitted to a number of authorities by Reading conveyancing solicitors to identify issues affecting the home you want to buy. Lenders also usually require conveyancing searches to be purchased.
I am buying a leasehold property in Reading - what do I need to know?
Buying a leasehold property in the UK can be complex. The many potential complications awaiting an uninformed buyer can include legally technical issues like sinking fund issues and onerous clauses in the lease.
A leasehold solicitor will look into all potential issues with the lease and report back to you.
Does the conveyancing for selling leasehold take longer?
Correct, it can take much more time to conduct the conveyancing to sell a leasehold home, compared to freehold conveyancing.
The buyer's conveyancer must review this leasehold-related paperwork, including management company information. Typically, delays are due to the time needed by the seller's conveyancer to source this information.
Your conveyancing solicitor should start this process at the earliest opportunity, because this paperwork can take weeks to collect if the managing agent or landlord is slow or difficult to contact.
I am remortgaging a property in Reading - do I need a solicitor?
Yes you will need a solicitor to handle the legal side of the remortgage.
The Bank of England base rate is currently 0.1% (Apr 2021). A good Reading remortgage solicitor can get you onto your new rate as quickly as possible.
Conveyancers are members of most UK mortgage lenders, so no matter whether you are changing to an offset mortgage with the Bank of Scotland or to a long-term fixed mortgage with the Chelsea Building Society, we can assist.
How do I transfer equity in my Reading home?
Changing the legal ownership structure of a property is known as a 'transfer of equity'. An owner (or owners) of a property may wish to transfer equity in a property for a number of reasons, including:
- Gifting a property to a child or relative, perhaps for tax planning reasons.
- Transferring a property into joint names after a marriage or civil partnership.
- Transferring a jointly owned property into a sole name following a divorce or separation.
Your next step
If you are buying, selling, remortgaging or transferring equity in a property in Reading, we can help you find an expert conveyancing solicitor.
We work with a panel of specialist conveyancing solicitors to deliver a stress-free moving experience.
- No Move, No Fee Guarantee
- Fixed fee conveyancing service
- Reading experts
- CQS-accredited panel solicitors
All-inclusive quote from £384 inc VAT
Puzzled by the
Frequently asked questions:
- How do I speed up the conveyancing process?
- How much Stamp Duty (SDLT) will I need to pay in 2021?
- Why do I need to check my conveyancer's lender panel status before instructing?
- What do buyers need to know about conveyancing in 2021?
Get all the answers in our comprehensive FAQ section:See more FAQs