Updated: October 12, 2018

Stourport On Severn conveyancing solicitor fees and costs

No Move, No Fee conveyancing in Stourport On Severn

Conveyancing solicitor fees are what you pay your Stourport On Severn conveyancing solicitor for handling the legal work for your move.

How are Stourport On Severn conveyancing fees calculated?

Some conveyancing solicitors in Stourport On Severn work on an hourly-rate basis. Our conveyancing solicitors work on a fixed No Sale, No Fee conveyancing basis, with no hidden extras. Your conveyancing quote will set out all fees and other costs you will be charged when your sale or purchase completes.

Are there any other costs?

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

Disbursements are the costs and expenses a solicitor needs to pay out on behalf of a client. These include costs like managing agent information or Stamp Duty.

See: Complete list of conveyancing fees

How much will conveyancing in Stourport On Severn cost in total?

Conveyancing solicitor fees in Stourport On Severn should be the same as anywhere else in the UK. There may, however, be some variation in certain disbursements. For example, Local Authority (LA) Search fees will vary and specific extra searches, such as a flood plain search, may be necessary.

For a standard conveyancing transaction, the fees we quote are the fees you pay. With Quittance, there are no hidden fees or nasty surprises. To calculate your conveyancing fees, try our conveyancing fees quote calculator: Click here

Quittance's conveyancing fees were considerably cheaper than the average solicitors' fees

Conveyancing - Buying a property in Stourport On Severn

As a key part of the conveyancing for a home purchase, the Stourport On Severn conveyancing solicitor will carry out due diligence on the legal ownership rights or 'title' of the property and report back in detail to the buyer and the lender.

After making their enquiries the solicitor will offer professional advice and will solve outstanding issues and make sure that the title is registered in the name of the new buyer.

The following discusses those types of property that involve additional hazards for homebuyers searching for conveyancing solicitors in Stourport On Severn.

Your Stourport On Severn conveyancing solicitor must be lender-approved

Whether your mortgage is with a large lender like Yorkshire Bank or a niche mortgage lender such as Fleet Mortgages, before selecting a conveyancing solicitor in Stourport On Severn you need to check that they can represent your lender.

Some lenders will only accept a selected list (known as a 'panel') of legal practices. If your conveyancer cannot act for your lender, the lender will likely require an alternative legal firm to complete the legal work.

The buyer will usually need to pay this alternate solicitor's costs and the conveyancing process could take much longer.

Major delays can be caused by failing to confirm your lawyer's lender panel status.

Our solicitors can act on behalf of all banks and other lenders.

Wyre Forest District Council searches

Property searches (sometimes referred to as 'conveyancing searches') are submitted by Stourport On Severn conveyancing solicitors to unearth planning, development and environmental issues that might potentially reduce how much your home will be worth.

Mortgage lenders also usually require a list of searches to be obtained. These include:

SearchDescription
Local Authority (LA) searchreveals planning applications, decisions and enforcement notices for planning breaches.
Environmental searchcovers environmental issues within 500m of the property, including flooding, mining subsidence and the proximity of landfill and contaminated land sites.
Drainage & Water searchdescribes water mains and sewers, and confirms if these are privately maintained
Chancel repair liabilitysome Stourport On Severn property may still owe a liability to the local parish for repairs. Insurance can be taken out to protect against this risk.

You will be told if your lender insists on any more searches, e.g. a highways authority search or a ground stability report.

The typical lead time for LA searches from Wyre Forest District Council is 7 weeks. Your lawyer could instead use faster personal searches.

Planning permissions

Official Entries (or 'office copies') will also be obtained by your conveyancing solicitor. This will help to highlight any issues. Examples of these include a difference between the agent's floorplan and the title plan or restrictions that limit alterations.

Wyre Forest District Council Council Tax

Council tax is calculated by Wyre Forest District Council on property value and the number of people living in the property. For example, for an average Valuation Band E property in Stourport On Severn, the council tax amount would be £2,117 per year.

Stourport On Severn conveyancing solicitors will inform the buyer of the home's tax 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 £1,588.

Other discounts and exemptions could also apply, e.g. a 10% discount for second homes or for foreign language students. A house or flat constructed after 1991 is assessed by the Valuation Office Agency.

Band Wyre Forest District Council Tax (2018)
A £1,155
B £1,347
C £1,540
D £1,732
E £2,117
F £2,502
G £2,887
H £3,465

Does anyone ever challenge their valuation?

To appeal contact:

Valuation Office Agency
Block A Government Buildings
Whittington Rd
Worcester
WR5 2LB
Worcestershire

A homeowner can ask for their property to be reassessed.

Stamp Duty on Stourport On Severn properties

If you are buying a home that costs over £125k, then you will have to pay stamp duty to HMRC.

The SDLT1 form is seven pages long, and HMRC fines those who delay in completing and returning it.

Quittance use the latest case management integration with HMRC to avoid errors and ensure there are no late-filing penalties.

The following table illustrates Stamp Duty Land Tax examples for average properties in Stourport On Severn:

  Average selling price (2017) SDLT
Average price £206,513 £1,630.26
Average price (detached) £308,006 £5,400.30
Average new build - -
If you already own another property or share in a property you will be subject to a 3% SDLT surcharge. Therefore, if a homeowner in Stourport On Severn bought a second home for the average price of £206,513 the SDLT would be £10,325.65.

Stamp duty relief for first-time buyers in Stourport On Severn

As from November 2017, first-time buyers will not have to pay any stamp duty if the purchase price is below £300,000.

Stourport On Severn conveyancing solicitors will ensure the right amount is calculated.

Buying a flat? Leasehold conveyancing in Stourport On Severn

New build site

It is thought that over 100,000 UK homeowners face leases with unreasonable terms. The numerous common problems lying in wait for the unsuspecting buyer could include absent freeholders, overpriced managing agent packs and doubling ground rents.

Erroneous leasehold advice, from an inexperienced property lawyer, could have costly, long-term consequences.

A good conveyancing solicitor in Stourport On Severn will consider potential leasehold issues, such as :

  • understanding regional and era-specific nuances of leases
  • dealing with freeholders
  • any recent demands for service charges and ground rent
  • alterations since the lease was granted

Make sure that you are fully-informed regarding your decision to buy a leasehold property - Contact our team of leasehold conveyancing solicitors on 0800 612 0377 today.

Buying a 'New Build' property in Stourport On Severn?

House being built

The average cost of Stourport On Severn new build properties is -. - new builds -.

The legal work for acquiring a new build can be more involved than any other type of conveyancing. To avoid potential problems a Stourport On Severn conveyancing solicitor must be mindful of local factors and needs to consider a range of factors, such as investigating developer incentives and checking planning conditions have been fulfilled.

Our expert new build team provide an accurate and truly impartial assessment of the legal status of the property, with close attention paid to issues like unfair leasehold conditions and potential freehold acquisition traps.

Worcestershire Conservation areas

Whether you are planning to buy a character cottage or a Georgian town house, if the home is in a protected conservation area, any planned modifications to the home might not be permitted by Wyre Forest District Council.

Referred to as Article 4 directions, these conditions may include:

  • Restrictions on door and window styles
  • Restrictions preventing paving over the front garden
  • A prohibition on extensions (even if 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 changes were made by the previous owner.

Your conveyancing solicitor will confirm whether the property you are buying is located in one of Stourport On Severn's conservation areas.

Conveyancing - Selling a property in Stourport On Severn

The legal work involved in a sale of a house or flat is less demanding than when buying. The buyer's conveyancer undertakes extensive research on your home, whereas conveyancing solicitors in Stourport On Severn acting for the seller just answers the purchaser's enquiries.

How to improve the odds of your sale going through

Common hurdles, such as parking issues or disputes or a problem with the roof, might delay the sale conveyancing process if they are ignored.

It is almost always recommended for vendors to handle these issues as soon as they come to light.

Useful reading:

Read more conveyancing advice for sellers.

Leasehold

Conveyancing for a leasehold flat or house is quite a lot more protracted than for a more straightforward freehold house.

Leasehold complexity involves additional legal work on the part of conveyancing solicitors in Stourport On Severn, which could include obtaining all relevant freeholder information, through to any documentation relating to forfeiture proceedings.

In order to resolve any leasehold issues faster, it is recommended that the seller instruct a property lawyer as early in the process as possible, and preferably before going on the market,.

What if Quittance is acting for the other side?

SRA rules prevent a single conveyancing solicitor from acting on both sides in a house sale. However, a CLC-regulated conveyancer, can act for both the buyer and the seller.

You can contact a local Stourport On Severn conveyancing solicitor firm to carry out your legal work, if a Quittance conveyancer is doing the legal work for the other side.

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Conveyancing - Remortgaging a property in Stourport On Severn

By far the most common reason people remortgage is to lower their monthly repayments. There are also other reasons to remortgage, for example moving to an offset mortgage, or releasing funds to help kids get on the property ladder.

Homeowners can benefit from a better rate earlier by using a more proactive conveyancing solicitor in Stourport On Severn, reducing the time the conveyancing takes to complete. With the base rate set at 0.5% (May 2018), fast conveyancing can be a key consideration when securing your preferred rate.

The property lawyer will act for both you and the mortgage provider to ensure the interests of the lender are covered.

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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