Updated: October 12, 2018

Tiverton conveyancing solicitor fees

No Move, No Fee conveyancing in Tiverton

Conveyancing solicitor fees are the amounts you pay to your Tiverton conveyancing solicitor for the legal work associated with moving home.

Are Tiverton conveyancing fees and costs fixed?

Our conveyancing solicitors work on a No Sale, No Fee basis with no hidden extras, unlike some other conveyancing solicitors in Tiverton who work on a fees per hour basis. Your quote will explain exactly what you will be charged when your house or flat sale completes.

Besides conveyancing fees, what other costs are there?

In addition to conveyancing solicitor fees you will also need to budget for 'disbursements'.

Disbursements are fees that a property lawyer must pay to other companies during the process of buying or selling your home. These include costs like Stamp Duty Land Tax (SDLT) or ID checks.

See: How much should conveyancing fees cost?

How much will conveyancing in Tiverton cost in total?

Tiverton conveyancing solicitor fees should not vary, wherever you are buying or selling in the UK. There may, however, be some variation in certain disbursements. As examples, additional region-specific searches, e.g. a Coal Authority search, may be needed and Local Authority Search fees can vary.

There are no hidden costs or nasty surprises with Quittance. For a standard home sale or purchase, what we quote is the fee you pay. Work out the conveyancing fees for your move, with our conveyancing calculator: Click here

Quittance's conveyancing fees were substantially lower than the average solicitors' fees, and their service was first-rate

Conveyancing - Buying a property in Tiverton

Purchase conveyancing will require the conveyancing solicitor in Tiverton to consider a wide range of issues. Examples of such factors are lost title deeds and the future saleability of the property.

The solicitor will report their findings back to the buyer and their lender, deal with any legal issues and confirm that the legal title passes to the new owner.

This section discusses those parts of the legal process for conveyancing solicitors in Tiverton necessitating specialist legal knowledge.

Your Tiverton conveyancing solicitor must be lender-approved

Regardless of whether you are obtaining a mortgage from St James Place Bank, TSB or any other lender, before choosing a conveyancing solicitor in Tiverton you must confirm that they are approved by your chosen lender.

Your solicitor may not be able to carry out the legal work on behalf of your chosen lender, because some mortgage lenders are only happy to work with a restricted group of legal practices that meet strict criteria.

Should this be the case, the lender will probably need a second legal firm to complete the legal work, and you will be expected to pay this second lawyer's fees. Adding another solicitor to the process can delay the whole purchase.

Your property transaction can be seriously delayed if you fail to confirm your conveyancer's lender panel status.

Our conveyancing solicitors can act for all mortgage lenders.

Residential Property Searches (Mid Devon District Council)

Searches are enquiries made of public bodies by Tiverton conveyancing solicitors to help uncover relevant information about the property being purchased.

These searches include the local authority (LA) search, drainage & water search, environmental search and chancel repair liability.

More specific searches, such as a highways search or a disadvantaged area search, may also be advised in the standard searches.

Mid Devon District Council has an average turnaround time of 6 weeks for Local Authority searches, so your lawyer will advise using faster personal searches.

Planning permissions

Official Entries will also be obtained by the homebuyer's conveyancing solicitor, helping to evidence potential planning issues, such as restrictive covenants governing the use of the property or discrepancies with the filed plan.

Mid Devon District Council Council Tax

The council tax paid by a homeowner is based on a variety of factors that include the number of people living at the property and the value of the property as determined by the VOA in 1991. For example, the occupier of a Band D house in the Mid Devon District Council area would pay annual council tax of £1,856.

Conveyancing solicitors in Tiverton will inform the buyer of the property's band once they are themselves 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 £1,392.

Other discounts and exemptions could also apply, for example unoccupied properties undergoing major repairs or structural changes or if the property is occupied by someone who is seriously mentally impaired.

Band Mid Devon District Council Tax (2018)
A £1,237
B £1,443
C £1,650
D £1,856
E £2,268
F £2,681
G £3,093
H £3,712

Can I challenge my council tax band?

In 2016/17, 40 council tax challenges were made, and 20 resulted in a reduction. To appeal contact:

Valuation Office Agency
Broadwalk House
Southernhay West
Exeter
EX1 1TS
Devon

Stamp Duty on Tiverton properties

It is the responsibility of the purchaser's conveyancing solicitor to handle the tax return process for the purchase.

The current Stamp Duty Land Tax threshold is £125k.

Quittance Conveyancing use smart case management systems to ensure that mistakes are not made on the Stamp Duty Land Tax process.

This table sets out stamp duty for typical property in Tiverton:

  Average selling price (2017) Stamp Duty Land Tax
Average price £245,964 £2,419.28
Average price (detached) £349,432 £7,471.60
Average new build £250,542 £2,527.10

Stamp duty relief for first-time buyers in Tiverton

Since Nov 2017, if you are a first-time buyer, you only pay stamp duty on property valued at over £300,000. Following a change in April 2016, a higher rate of 3% is applied for purchases of additional property. So if a second property was bought for £245,964 then the stamp duty total will be £12,298.20.

Conveyancing solicitors in Tiverton should confirm an accurate calculation is made.

Buying a flat? Leasehold conveyancing in Tiverton

New build site

It has been recently reported that over 100,000 UK property owners have property leases with unreasonable conditions. The numerous common problems awaiting the unsuspecting purchaser could include marriage value issues, doubling ground rents and reversionary interests.

Serious consequences can result from an inexperienced property lawyer's inaccurate leasehold advice.

If you intend to purchase a leasehold home, a specialist conveyancing solicitor in Tiverton will investigate aspects of the leasehold purchase, including :

  • reviewing the lease itself (some leases are over 100 years old)
  • dealing with freeholders and managing agents
  • service charge records from the last three years
  • share of freehold complexity

Our specialist leasehold conveyancing solicitors will make sure that you are aware of all the potential issues and costs associated with the lease.

Buying a 'New Build' property in Tiverton?

House being built

Based on Her Majesty's Land Registry data, the average price for new build properties in Tiverton is £207,500. 1 newly-constructed homes have been bought in Tiverton in 2018 so far.

A new-build conveyancing solicitor in Tiverton must be familiar with Tiverton-specific issues and new build's added complexities, like squaring developer incentives with lenders and administering Help to Buy purchases.

Our team of new build conveyancers deliver an expert assessment of the property's legal status, paying close attention to concerns ranging from the home's subsequent mortgageability to sharply increasing ground rent and service charges (where applicable).

Devon Conservation areas

Whether you are a fan of Edwardian, Victorian or Tudor-style architecture, moving to a conservation area will usually mean that the local character is unlikely to drastically change. However, conservation area constraints will affect your house.

These constraints, referred to as Article 4 Directions, can include restrictions on the style and height of boundary walls, restrictions on the erection of outbuildings or general restrictions governing non-uniform additions or modifications.

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

Conveyancing - Selling a property in Tiverton

Conveyancing for a house sale is simpler than for a purchase. The buyer's conveyancer will have to go through due diligence into the property and its legal title. Conveyancing solicitors in Tiverton acting for the vendor mostly just collates information and answers the buyer's questions .

What could jeopardise the process?

Obstacles, such as being situated on an unadopted road or issues with neighbours' rights over the property, can seriously jeopardise a sale if they are ignored.

It is best not to procrastinate, hoping the issue will fix itself. Instead, you should talk to a professional and deal with it as quickly as possible.

Further reading:

For more conveyancing advice for sellers click here.

Leasehold

Conveyancing for a leasehold flat (leasehold houses are uncommon) is quite a lot more specialised than for a freehold house.

Conveyancing solicitors in Tiverton will also carry out additional work, which could include obtaining the latest service charge and ground rent statement, through to a copy of the building's asbestos survey (if required).

To speed up the leasehold conveyancing process, it is strongly advised that the seller instructs a leasehold-specialist conveyancer as soon as the property is marketed, if not before,.

What if Quittance conveyancers are acting for the other side?

Solicitors Regulation Authority (SRA) rules ban the same solicitor from working on behalf of both sides in a house sale and purchase. However, CLC-regulated conveyancers, can act for both the buyer and the seller.

You can contact a local Tiverton conveyancing solicitor firm to carry out your legal work, if a Quittance conveyancing solicitor is acting for the other side.

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Conveyancing - Remortgaging a property in Tiverton

Benefitting from a better rate of interest to reduce monthly expenses is generally why homeowners opt to remortgage. There are other reasons, such as switching from interest-only to repayment, or consolidating debts.

You can enjoy the benefits of a better rate sooner with a more efficient conveyancing solicitor in Tiverton, minimising the time taken to complete the conveyancing. With the future of interest rates unclear, fast conveyancing can be a contributing factor to getting onto your new rate as quickly as possible.

The property lawyer will need to act for both you and the new lender to certify the parties' 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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