Updated: October 12, 2018

Reigate conveyancing solicitor fees and costs

No Move, No Fee conveyancing in Reigate

Conveyancing solicitor fees are the costs you pay to conveyancing solicitors in Reigate for the legal work associated with moving home.

Are Reigate conveyancing fees and costs fixed?

Some conveyancing solicitors in Reigate offer services on a price per hour basis. Some conveyancers will complete the work for a fixed fee (or 'No Move, No Fee'). Our conveyancing solicitors work on a guaranteed fixed conveyancing fee basis, with no unexpected, additional costs. Your conveyancing quote sets out exactly what you will be charged when your house or flat sale completes.

Are there any other costs?

You will need to budget for 'disbursements', on top of the conveyancing fees.

Disbursements are fees, costs or taxes that your property solicitor will have to pay to third parties on behalf of their client. These include costs like office copies and title plans or Stamp Duty.

See: A guide to conveyancing fees, costs and disbursements

How much will the total conveyancing fees in Reigate cost?

Reigate conveyancing solicitor fees will be the same as anywhere else in the UK. However, there may be some variation in certain disbursements. For example, additional region-specific searches, e.g. a mining search, may be needed and Local Authority Search fees can vary.

For a standard sale or purchase, what we quote is the fee you pay. There are no hidden fees or costs to be paid with Quittance. To calculate the conveyancing fees for your move, try our conveyancing fees quote calculator: Click here

Quittance's conveyancing fees were considerably cheaper than the Estate Agent's recommended solicitor's fees

Conveyancing - Buying a property in Reigate

"Caveat emptor", or "buyer beware", was the legal principle of English property law. Since 2013, this principle no longer applies, however, it remains the responsibility of a homebuyer and their solicitor to undertake due diligence on the property to be purchased.

The conveyancing solicitor in Reigate will offer suggestions and advice following their enquiries, assist in resolving any issues and make sure that the title is registered in the name of the new buyer.

This article considers those areas of the legal process for conveyancing solicitors in Reigate needing specialist legal knowledge.

Your Reigate conveyancing solicitor must be lender-approved

Irrespective of whether your mortgage is with a niche mortgage lender like St James Place Bank or a large lender such as Santander, before selecting a conveyancing solicitor in Reigate it is critical that you make sure that they are approved by your chosen lender.

Your solicitor may be unable to act for your chosen lender, because some lenders only accept a selected list (known as a 'lender panel') of solicitors or licensed conveyancers.

In this case, the lender will likely require a second legal firm to act in their interests, and you will be expected to pay this alternate lawyer's costs. Resulting delays can jeopardise the whole purchase.

Major delays can result from failing to confirm your conveyancing solicitor's lender panel status.

Our conveyancing solicitors are approved members of all lender panels.

Reigate and Banstead Borough Council searches and other searches

Property searches (sometimes referred to as 'conveyancing searches') are submitted by Reigate conveyancing solicitors to unearth any significant issues that might affect how much your house or flat is worth. They include:

  • Local Authority search - covers the details of planning applications, decisions and the enforcement of breaches or violations.
  • Drainage & Water search - identifies the location of sewers and water mains, and will confirm whether these are maintained by the local council.
  • Environmental search - environmental issues that could adversely affect the property
  • Chancel repair liability - describes the insurance to protect against any liability owed by Reigate properties for local parish repairs.

Additional searches, such as a more detailed flood report or a ground stability report, may also be recommended depending on the contents of the standard searches.

Homebuyers can expect a lead time of roughly 5 weeks for property searches supplied by Reigate and Banstead Borough Council, so faster personal searches will be recommended.

Planning searches

The buyer's conveyancing solicitor will apply for an 'Official Copy of the Title Register' from HMLR. This will help to reveal any potential issues, such as the breach of a restrictive covenant or outbuildings lying outside the boundary.

Reigate and Banstead Borough Council Council Tax

The council tax paid by a homeowner is based on a number of factors including the size of the property and the value of the home as determined by the VOA in 1991. For example, a residential property in the Reigate and Banstead Borough Council area in Tax Band C would pay £1,667 per annum.

Reigate conveyancing solicitors will inform the purchaser of the home's tax band once they are made aware.

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 £1,250.

Other discounts and exemptions may also apply, e.g. unoccupied properties undergoing major repairs or structural changes or if the resident is living in long term residential care.

Band Reigate and Banstead Borough Council Tax (2018)
A £1,250
B £1,458
C £1,667
D £1,875
E £2,292
F £2,708
G £3,125
H £3,750

Are you paying too much?

It is possible to challenge the council tax band after moving in. Between April 2016 and April 2017, 40 council tax challenges were made. 10 were upheld and the tax was reduced. To appeal contact:

Valuation Office Agency
First Floor
Warwick House
67 Station Rd
Redhill
RH1 1DL
Surrey

Stamp Duty on Reigate properties

If a home is purchased for £125k or less, no stamp duty is payable. Above this, most homebuyers will need to pay stamp duty.

Steep fines await those who miss the SDLT payment deadline.

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

The following table illustrates SDLT examples for typical properties in Reigate:

  Average sale price (2017) Stamp Duty
Average price £564,350 £18,217.50
Average price (detached) £946,039 £38,353.90
Average new build £450,648 £12,532.40

Stamp duty relief for first-time buyers in Reigate

Since 2017, first-time buyers only need to pay stamp duty on properties valued over £300,000. Following the recent budget statement, second home buyers have had to pay a 3% stamp duty surcharge. Following the example above, if a homeowner bought a second home in Reigate for the average price of £564,350 the SDLT would be £45,148.00.

Reigate conveyancing solicitors will confirm the right tax is paid.

Buying a flat? Leasehold conveyancing in Reigate

New build site

The drawbacks of buying a leasehold property should be a source of concern for leasehold property buyers. The many potential problems lying in wait for an uninformed buyer could include:

  • unfair developer practices
  • leases with fewer than 80 years to run
  • doubling ground rents
Erroneous leasehold advice, from an inexperienced conveyancing solicitor, could have serious financial implications.

A good conveyancing solicitor in Reigate will consider potential leasehold issues, for example annual statements of account and budgets for service charges, share of freehold complexity and reviewing correspondence between the freeholder and leaseholder.

Make sure that you are fully-informed regarding your decision to buy a leasehold property with Quittance Conveyancing's team of leasehold conveyancing solicitors.

Buying a 'New Build' property in Reigate?

House under construction

The average price for a new build home in Reigate is £450,648. 44 brand new homes were purchased in Reigate last year.

A new-build conveyancing solicitor in Reigate will need to be familiar with Reigate-specific issues and the extra complexities of new build, such as checking the suitability of new build insurance and investigating issues with drains and roads that serve the property.

Our expert new build team provide an accurate and truly impartial assessment of the legal status of the property, and in particular factors like unreasonable leasehold terms and likely freehold acquisition traps.

Surrey Conservation areas

Your conveyancing solicitor will check if the residential property you are intending to buy is in a conservation area in Reigate. If it is, the house is affected by restrictions. These constraints, called Article 4 Directions, may include:

  • Restrictions on the addition of a porch
  • Possible restrictions on joinery colour choices
  • Restrictions on extensions even if within Permitted Development rights

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

Your Quittance conveyancing solicitor will confirm if the property you are purchasing is located in a conservation area in Reigate.

Conveyancing - Selling a property in Reigate

Conveyancing for a house sale is less complicated than when purchasing. The buyer's conveyancer will carry out extensive due diligence on the home, whilst conveyancing solicitors in Reigate acting for the vendor essentially just gathers together any pertinent information and answers the purchaser's enquiries .

What could go wrong?

Obstacles, such as not being connected to the main sewers, can seriously protract the conveyancing process.

Don't bury your head and hope any such problems will go away. Get advice and deal with it ASAP.

Useful reading:

Read more conveyancing advice for sellers.

Sale conveyancing for a leasehold property

The legal work for a leasehold flat (leasehold houses are uncommon) is a great deal more complex than for a freehold house.

Conveyancing solicitors in Reigate will also perform extra work, such as requesting the latest service charge and ground rent statement, through to a copy of any notices served on the leaseholder.

In order to resolve any leasehold issues faster, it is highly recommended that you instruct a property lawyer as soon as the property is marketed, if not before,.

What if Quittance conveyancers are acting for the other side?

A conveyancer who is regulated by the CLC can act for both parties. However, SRA regulations restrict the same conveyancing solicitor from acting on both sides in a house sale.

If you are buying or selling a Reigate home, and we are acting for the other side, you could contact a property solicitor firm in Reigate to carry out your legal work.

Local Reigate conveyancing solicitor directory

  • Daley Solicitors, 42a High Street, Reigate, Surrey, RH2 9AT
  • Mcmillan Williams, 34 Bell Street, Reigate, Surrey, RH2 7SL
  • Newmans Solicitors Limited, 4 Church Street, Reigate, Surrey, RH2 0AN
  • Pendrigh Makin Limited, Old Wheel House, 31-37 Church Street, Reigate, Surrey, RH2 0AD
  • QLaw Legal Services Limited, 40 Bell Street, Reigate, Surrey, RH2 7BA

Conveyancing - Remortgaging a property in Reigate

Homeowners remortgage their home for all sorts of reasons, such as the current mortgage deal coming to an end, or releasing equity. The most common reason, however, is to secure a lower interest rate.

A proactive conveyancing solicitor in Reigate will complete the conveyancing quickly, meaning you move to your lower rate sooner. With possible rate rises on the horizon, fast conveyancing can be a crucial factor in getting onto your new rate as quickly as possible.

A property lawyer will act for both you and your new lender, in order to ensure the lender's interests are protected.

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

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