Updated: October 12, 2018

Wimbledon conveyancing solicitor fees

No Move, No Fee conveyancing in Wimbledon

Conveyancing solicitor fees are the amounts you pay your Wimbledon conveyancing solicitor for the legal work associated with buying or selling a property.

How are Wimbledon conveyancing fees calculated?

Our solicitors work on a No Sale, No Fee basis with no nasty surprises in the small print, unlike some other conveyancing solicitors in Wimbledon who will work on a price per hour basis. Your conveyancing quote sets out what fees you will need to pay when your property transaction has completed.

Are there any other costs?

In addition to conveyancing solicitor fees you will also have to pay for 'disbursements'.

Disbursements are fees, costs or taxes the conveyancing solicitor will have to pay to other organisations as part of the house-buying and selling process, such as Stamp Duty Land Tax or telegraphic transfer fees.

See: A guide to all conveyancing fees

How much will the total conveyancing fees in Wimbledon cost?

Although conveyancing fees in Wimbledon will be the same as anywhere else in the country, there may be some variation in certain disbursements. For example, council search fees will vary and additional region-specific searches, e.g. a Coal Authority search, may be needed.

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

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

Conveyancing - Buying a property in Wimbledon

When carrying out the legal work for a homebuyer, the conveyancing solicitor in Wimbledon will carry out due diligence on the tenure and investigate the legal ownership rights or 'title' of the property and report back to the purchaser and the mortgage lender (if applicable).

Following their enquiries the solicitor will offer suggestions and advice and will solve outstanding issues and ensure that the full legal ownership is transferred.

The following section offers assistance for homebuyers who want conveyancing solicitors in Wimbledon.

Your Wimbledon conveyancing solicitor must be lender-approved

Whether your mortgage is with a major lender like Santander or a less common lender such as Adam & Company, before appointing a conveyancing solicitor in Wimbledon it is paramount that you confirm that they are on the approved panel of your chosen lender.

Your conveyancer may not be able to carry out the legal work on behalf of your chosen lender, because some mortgage lenders are only prepared to work with a restricted panel of legal practices.

In this case, the lender will probably require a different firm to complete the legal work, and you will then have to cover this substitute solicitor's costs. This can mean the process takes much longer.

Your home move could be put at risk by failing to check your lawyer's lender panel status.

Quittance Conveyancing are approved members of all lender panels.

Searches (Merton Borough Council)

Property searches (sometimes referred to as 'conveyancing searches') are questions submitted to a number of authorities by Wimbledon conveyancing solicitors to give details about the property being purchased. They include:

SearchDescription
Local Authority (LA) searchcontains information about the property and surrounding area held by Merton Borough Council
Environmental searchidentifies risks within 500 metres of the property, including flooding subsidence. The search will also reveal nearby landfill sites and contaminated land.
Drainage & Water searchdescribes water mains and sewers, and confirms if these are privately maintained
Chancel repair liabilityinvolves the potential liability owed by the owners of certain property to pay for local parish church repairs. Insurance can be arranged to cover this risk.

Buyers will be informed if your lender insists on any more searches, for example a Crossrail search or a mining search.

The London Borough of Merton has an average lead time of 7 weeks for Local Authority searches. Your lawyer will therefore recommend using faster personal searches.

Checking planning status

Office copies will also be sourced from HMLR by the conveyancing solicitor acting for the purchaser. This will help to highlight potential planning issues. Examples of these include rights or restrictions on how the property may be used or discrepancies between the property boundaries and the title plan.

London Borough of Merton Council Tax

Council tax is calculated by London Borough of Merton on property value and the number of people living in the property. For instance for an average Valuation Band B property in Wimbledon, the council tax payable would be £1,142.

Conveyancing solicitors in Wimbledon will inform the purchaser of the property's tax band once 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 (25%) would reduce the tax due to £856.

Other discounts and exemptions could also apply, for example a 10% discount for second homes (although this may change as the government has second home ownership in its sights) or where an inhabitant is an 18 year old for whom child benefit is payable.

Band London Borough of Merton Tax (2018)
A £979
B £1,142
C £1,305
D £1,468
E £1,794
F £2,121
G £2,447
H £2,936

Can I challenge my valuation?

Owners can apply for their property to be reassessed. A refund may be due if the property is awarded a lower band. To appeal contact:

Valuation Office Agency
2nd Floor
1 Francis Grove
London
SW19 4DT

Stamp Duty on Wimbledon properties

If you are buying a house in England,Wales or Northern Ireland then stamp duty is payable on properties over £125k. In Scotland, the threshold is £145k. Completing the SDLT1 form in order to pay SDLT is a daunting prospect for a layperson.

Quittance's integrated conveyancing case management system integrates with online tax return system to ensure that the stamp duty is paid in full quickly and with minimal fuss.

See table below for stamp duty examples for properties in London:

  Average selling price (2018 to date) SDLT
Average price £880,307 £34,015.35
Average price (detached) £711,410 £25,570.50
Average new build £449,784 £12,489.20
Since 1st April 2016, buyers of second homes are subject to a surcharge of 3%, even if the property is not let out. Therefore, if a homeowner in Wimbledon bought a second home for the average price of £880,307 the SDLT would be £70,424.56.

Stamp duty relief for first-time buyers in Wimbledon

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

Wimbledon conveyancing solicitors will ensure an accurate calculation is made.

Buying a flat? Leasehold conveyancing in Wimbledon

New build site

The risks of leasehold property ownership should be a source of concern for purchasers of leasehold houses or flats. The many potential complications awaiting the unsuspecting purchaser could include unfair developer practices and ground rent multipliers.

Bad or incomplete leasehold advice, from a conveyancer with little specialist experience, could have costly, long-term consequences.

If you are planning to buy a house or flat with a lease, a good conveyancing solicitor in Wimbledon will consider potential leasehold issues, such as short leases, service charges and whether they have been collected and understanding regional and era-specific nuances of leases.

Make sure that you are fully-informed regarding your decision to buy a leasehold property - Contact Quittance Conveyancing's specialist leasehold conveyancing solicitors today on 0800 612 0377.

Buying a 'New Build' property in Wimbledon?

New build building site

The average value of new build properties in Wimbledon is £449,784. 450 newly-constructed homes have been bought in Wimbledon in 2018 so far.

The legal work for buying a new build home is frequently more involved than other types of conveyancing. Therefore a Wimbledon conveyancing solicitor must be conscious of local Wimbledon factors and will need to investigate several key factors, like advising on mortgage offer flexibility for delayed completion and handling initial Land Registry registration.

With our new build team, you will get an expert assessment of the legal status of the property, paying close attention to concerns ranging from problematic leasehold terms to likely freehold acquisition traps.

Conservation areas in London

Whether you are intending to buy a character cottage or a Regency townhouse, if the property is in a conservation area, any changes you can make to the property might not be permitted by London Borough of Merton.

These conditions, called Article 4 Directions, can include restrictions on the removal or addition of front boundary walls, restrictions preventing paving over the front garden or restrictions on side or 2 storey extensions.

If a property is in breach, the owner could be legally required to pay for the property to be changed back to the state it was in before the recent alterations, even where the alterations were made by the previous owner.

Your conveyancing solicitor will address whether your planned purchase is located one of Wimbledon's conservation areas.

Conveyancing - Selling a property in Wimbledon

The conveyancing process on a property sale is much easier than when purchasing. The buyer's conveyancer has to carry out an investigation into the property and its legal title, whilst conveyancing solicitors in Wimbledon acting for the seller mostly just gathers information relating to the property and answers the purchaser's enquiries .

What can sellers do to help your sale go through?

Obstacles, such as being situated on a flood plain, can jeopardise the conveyancing process if ignored.

Don't ignore the issue as it is highly unlikely that the problems won't be picked up. Instead, get advice, square up to the issue(s), and find a solution ASAP.

Recommended reading:

Read more sale conveyancing articles here.

Leasehold conveyancing for a sale

Conveyancing for a leasehold flat (leasehold houses are rare) is significantly more specialised than it is for a freehold home.

The complexities of leasehold mean conveyancing solicitors in Wimbledon will usually undertake additional tasks, which could include collating an up-to-date service charge statement or a common parts fire risk assessment.

To reduce leasehold-related delays, it is recommended that the vendor contact a lawyer as soon as the property is marketed, if not before,.

What if you are already acting for the other side?

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

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

Local Wimbledon conveyancing solicitor directory

  • TWM Solicitors LLP, 7 & 9 Queens Road, Wimbledon, London, SW19 8NG
  • Cahill De Fonseka Solicitors, 89a The Broadway, Wimbledon, London, SW19 1QE
  • Mcmillan Williams Solicitors Limited, 8-10 Hartfield Road, Wimbledon, London, SW19 3TA
  • Ashworths Solicitors LLP, The Old Exchange, 12 Compton Road, Wimbledon, London, SW19 7QD
  • Capsticks Solicitors LLP, 1 St. Georges Road, Wimbledon, London, SW19 4DR

Conveyancing - Remortgaging a property in Wimbledon

Whilst there are many reasons to consider remortgaging, people will generally remortgage to secure a lower interest rate.

An efficient conveyancing solicitor in Wimbledon will complete the conveyancing quickly, perhaps saving you from a payment or two at your old rate. With the base rate now at 0.5% (May 2018), fast conveyancing can be a critical factor in getting on to the rate you want.

To make sure that the mortgage provider's interests are protected, the property lawyer handling your remortgage will represent both you and the mortgage provider.

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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