Updated: October 12, 2018

Redbridge conveyancing solicitor fees

No Move, No Fee conveyancing in Redbridge

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

Are Redbridge conveyancing fees and costs fixed?

Quittance's conveyancing solicitors work on fixed legal fees (known as 'No Sale, No Fee' or 'No Move, No Fee') with no hidden extras, unlike some other conveyancing solicitors in Redbridge who work on an hourly rate. Your quote sets out exactly what you will need to pay when your property transaction has completed.

Besides conveyancing fees, what other costs are there?

You must cover the cost of any 'disbursements', in addition to conveyancing solicitor fees.

Disbursements are the costs incurred by the solicitor on your behalf, such as HMLR fees or office copies.

See: Complete list of conveyancing fees

How much will conveyancing in Redbridge cost in total?

Conveyancing fees in Redbridge will be the same as anywhere else in the UK. However, the costs of certain disbursements can vary. For example, specific extra searches, such as utilities searches, may be necessary and Local Authority Search fees can vary.

With Quittance, there are absolutely no hidden fees. For a standard sale or purchase, the conveyancing fee we quote is the fee you pay. Work out the conveyancing fees for your move, with our conveyancing calculator: Click here

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

Conveyancing - Buying a property in Redbridge

The London Borough of Redbridge, which includes Ilford, Woodford and Wanstead has the best levels of life satisfaction in the capital according to ONS data. A great sense of community, excellent schools, green spaces and parks, help to make Redbridge borough a good place to live.

There are great transport links into Central London, with the planned arrival of Crossrail in December 2019, attracting new residents to Ilford in particular.

Family house prices range from in excess of £800,000 in Wanstead Flats to a more affordable £450,000 in the bustling, friendly Gants Hill and Seven Kings areas.

Conveyancing for buyers

Purchase conveyancing will require a Redbridge conveyancing solicitor to consider a wide range of issues. Examples of such issues are problems with the property's title (e.g. adverse possession) and problems affecting the mortgageability (e.g. historic flooding).

The buyer's property lawyer will feed the results of their enquiries back to the purchaser and their lender, assist in resolving any issues and ensure that the full legal ownership is transferred.

The following section provides advice for buyers who need conveyancing solicitors in Redbridge.

Your Redbridge conveyancing solicitor must be lender-approved

Irrespective of whether you are getting a mortgage from the Monmouthshire Building Society, Lloyds Bank or any other lender, before you appoint a Redbridge conveyancing solicitor it is very important that you make sure that they are on the panel of your mortgage lender.

The majority of banks and building societies are only prepared to work with a restricted panel of solicitors or licensed conveyancers. If your solicitor can't act for your mortgage lender, the lender will probably need an alternative legal firm to carry out the legal work.

The buyer will then have to cover this substitute solicitor's costs and significant delays to your move could occur.

Serious delays can occur if you fail to check your property solicitor's lender panel status.

Quittance Conveyancing are approved to act for all mortgage providers.

Redbridge Borough Council searches

Searches are submitted by Redbridge conveyancing solicitors to identify any broader issues that might potentially affect the value of your property. They include:

  • Local Authority (LA) search - contains information about the property and surrounding area held by Redbridge Borough Council
  • Environmental search - exposes whether the land around the property (500m radius) has been affected by subsidence, flooding or has been identified as "contaminated land"
  • Drainage & Water search - identifies whether the owner or local authority must pay for the maintenance of water mains and sewers
  • Chancel repair liability - describes the insurance to protect against any liability owed by Redbridge properties for local parish repairs.

Further searches, such as a tin mining search or a commons registration search, may also be recommended in the initial LA and Environmental searches.

Purchasers can expect to wait up to 7 weeks for searches supplied by The London Borough of Redbridge. Your solicitor will instead apply for personal searches, which are usually faster.

Ensuring planning permission is in place

Office copies will also be obtained from HMLR by your conveyancing solicitor. This will help to expose any planning issues, such as the title plan showing only very general boundaries or right of access issues.

London Borough of Redbridge Council Tax

The amount of council tax a homeowner in Redbridge will pay to London Borough of Redbridge will depend on the property's value and the number of residents. The occupier of a property in Band B, for example, would owe annual council tax of £1,206.

A conveyancing solicitor in Redbridge will inform the purchaser of the property's tax band after this is confirmed by the searches.

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 £904.

Other discounts and exemptions could also apply, for example where the home is empty or unfurnished for a maximum of 60 days or if the property is left empty by someone receiving medical treatment.

Band London Borough of Redbridge Tax (2018)
A £1,033
B £1,206
C £1,378
D £1,550
E £1,894
F £2,239
G £2,583
H £3,100

Is it possible to appeal?

A homeowner can challenge the council tax band after moving in. Between April 2016 and April 2017, 40 council tax challenges were made, and 10 saw a reduction. Contact the VOA for more information on how to challenge your tax band:

Valuation Office Agency
10th Floor
Crown House
Linton Rd
Barking
IG11 8HJ
Essex

Stamp Duty on Redbridge properties

If a residential property is purchased for £125k or less, no SDLT is payable. Above this, most homebuyers will need to pay SDLT. Stamp Duty Land Tax is paid to HM Revenue & Customs by completing an SDLT1 form. The form is lengthy and complex.

Quittance Conveyancing will complete the SDLT1 form for you at the point your purchase completes.

See examples for average local properties:

  Average sale price (2017) SDLT
Average price £452,613 £12,630.65
Average price (detached) £800,900 £30,045.00
Average new build £392,561 £9,628.05
If you are buying a second home for over £40,000 then you will have to pay a 3% stamp duty surcharge. Following the example above, if a homeowner bought a second home in Redbridge for the average price of £452,613 the SDLT would be £36,209.04.

Stamp duty relief for first-time buyers in Redbridge

Relief is available on home purchases below £300,000 for first-time buyers.

Conveyancing solicitors in Redbridge should confirm their client pays the correct amount.

Buying a flat? Leasehold conveyancing in Redbridge

New build site

Buying a leasehold home can be challenging when compared to purchasing a freehold home. Unreasonable ground rents, unreasonable managing agent fees and unfair clauses in the lease are among the many common complications awaiting the unsuspecting purchaser.

Serious financial ramifications can result from a solicitor's bad leasehold advice.

A competent conveyancing solicitor in Redbridge will consider possible leasehold issues, e.g. :

  • reviewing the lease itself (some leases are over 100 years old)
  • absent freeholders
  • service charges and whether they have been collected
  • unexpired lease terms

Make sure that you are aware of all the potential issues and costs associated with the lease - Speak to Quittance Conveyancing's leasehold conveyancing solicitor team on 0800 612 0377.

Buying a 'New Build' property in Redbridge?

House under construction

The average sale price of a new build property in Redbridge is £331,111. 9 brand new homes have been bought in Redbridge in 2018 so far.

A new-build conveyancing solicitor in Redbridge will need to be familiar with Redbridge-specific issues and the extra complexities associated with new build, including verifying rights of easements, handling equity loan schemes and checking new build warranties with warranty providers such as NHBC, Build Zone and Protek.

Our new build conveyancing department will provide an independent appraisal of the legal title of the house or flat, and in particular concerns like the home's subsequent mortgageability and sharply increasing ground rent and service charges (where applicable).

Conservation areas

If you are purchasing a residential property in a conservation area in Redbridge, the property must not breach any conservation area building controls. Called Article 4 directions, these restrictions could include anything from restrictions on the removal of front boundary walls, railings or fences, to restrictions on joinery colour choices.

The local planning authority can order any non-compliant alterations to a property to be changed or removed.

Wanstead Grove, Snaresbrook and Mayfield are among the conservation areas in Redbridge. Your Quittance conveyancing solicitor will confirm if the property you are purchasing is located in a conservation area in Redbridge.

Conveyancing - Selling a property in Redbridge

The legal process for a sale of a home is much easier than when buying. The buyer's conveyancing solicitor will have to carry out detailed research into the property's title and other legal aspects, whilst conveyancing solicitors in Redbridge acting for the seller effectively just responds to enquiries made by the buyer's solicitor.

How to improve the odds of your sale going through

Properties will often come with a series of possible difficulties (such as restrictive covenants) which could prevent a purchase from completing on time.

Property specialists will almost always recommend that vendors face any such problems head on and fix them.

Recommended reading:

Read more helpful advice for sellers here.

Sale conveyancing for a leasehold property

The legal work for a leasehold flat is quite a lot more difficult in comparison with a freehold house.

Redbridge conveyancing solicitors will also carry out additional work, and this could include requesting an up-to-date service charge statement, through to any details of any ongoing enfranchisement process.

So as to resolve any leasehold-related difficulties sooner, it is highly recommended that you instruct a lawyer as soon as possible.

Can Quittance conveyancers act for the buyer and the seller of the same home?

Conveyancers regulated by the Council for Licenced Conveyancers can act for both sides. However, Solicitors Regulation Authority rules restrict the same solicitor from working on behalf of both sides in a property sale and purchase.

You can contact a property solicitor firm in Redbridge to handle your legal work, if we are doing the legal work for the other side.

0

Conveyancing - Remortgaging a property in Redbridge

The main reason homeowners remortgage is to get a lower interest rate. There are other reasons to consider remortgaging, including the current mortgage deal coming to an end, or funding a one-off purchase.

Homeowners can enjoy the benefits of a lower rate faster with a more efficient conveyancing solicitor in Redbridge, working to shorten the processing time of the legal work. With the Bank of England base rate now at 0.5% (May 2018) and possible rate rises on the horizon, fast conveyancing can be a crucial factor in securing your preferred rate.

The property lawyer will represent both you and your new lender, in order to confirm the lender's investment is secured.

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

Instant online conveyancing solicitor quote

Quittance Conveyancing delivers fast, proactive and communication-focused conveyancing to Redbridge home buyers and sellers. Your dedicated conveyancer will keep you informed every step of the way.

Get a conveyancing quote icon

Get a quote

Get a conveyancing solicitor quote for your Redbridge property sale, purchase or remortgage.

Get a quote online

or call us on 0800 612 0377

Compare conveyancing solicitors icon

Compare solicitor quotes

Find out more about how to compare conveyancing solicitor quotes in 2018.

Find out more
Contact conveyancing team icon

Email us

If you have any questions or would like to discuss your sale or purchase with an expert, email us at:

conveyancing@quittance.co.uk

Ask a conveyancing expert

If you have any questions about getting a conveyancing quote or any aspect of the conveyancing process, let us know:

Be the first!