Our Prices - Our Conveyancing Service

Most property transactions involve the following stages:

• Pre Exchange Enquiries and Searches
• Exchange of contracts
• Pre completion
• Completion
• Registration and Post Completion matters

Pre Exchange Enquiries and Searches

Once you have agreed a price and instruct us, if buying, we will conduct the most appropriate searches and will consider the contract and supporting documents and raise enquiries and will report to you on the results of those searches and on the contract. If selling we will obtain the appropriate documents, draft a contract and assist you to respond to any enquires from your buyer. Following agreement of the terms of the contract, contract are then “exchanged”

Exchange of Contracts

This is when a binding commitment is made by both parties to the transaction and the buyer, through his or her solicitor, pays a deposit (up to 10% of the purchase price) to the seller's solicitor. As a buyer, you should not exchange contracts until:-

• you have received an acceptable survey report and the result of any other inspections e.g. damp, electrical and drainage, and you are happy with the condition of the property
• you have a satisfactory mortgage offer, if required
• we are satisfied with the results of the local authority and other searches
• we have reported to you on the title to the property, e.g. freehold/leasehold, covenants on use, ownership and restrictions, ownership of boundaries etc.
• you agree that the fixtures and fittings list is correct as this document forms part of the contract
• we have reported to you on your mortgage offer and its conditions
• the wording of the contract is agreed including the date of completion
• the contract may stipulate that you have to make arrangements to insure the structure of the property to your satisfaction and that of the lender if applicable

Pre-completion

• The Transfer Deed and Mortgage Deed will be prepared for you to sign
• We carry out the final searches
• We will prepare a Certificate of Title for your lender and ask them to transfer the mortgage money in time for completion
• We will prepare the financial statement and ask you for the balance of the money required to complete including Stamp Duty Land Tax and legal fees
• You will have to make arrangements to insure the structure of the property as at the date of completion to your satisfaction and that of the lender if not dealt with at the exchange stage.
• You should make arrangements for the utility meters to be read.

Completion

Completion is when the balance of the purchase money is paid by the buyer's solicitor to the seller's solicitor, the title documents are sent to the buyer's solicitor and the keys released to the buyer. We deal with the legal formalities on your behalf however, you should normally inspect the property before completing even if you are not moving in.

In any event, you will have to make arrangements to collect keys from sellers/agents.

On completion we deal with the repayment of your existing mortgage (if any) from the sale proceeds.

Registration and Post Completion matters

Following completion we will deal the payment of any stamp duty land tax payable and will deal with the registration procedures. Once the registration at the Land Registry has been completed we will let you (and your mortgagees) have a copy of the title to the property.

Our Fees and other expenses

Our charges range from a minimum of £850 plus VAT for a simple transaction and increase according to the value of the property being bought or sold, the complexity of the transaction(s), the urgency with which the matter is dealt and the total time that the matter takes.

Disbursements

The usual disbursements on a purchase are as follows:-

It is not possible to give more specific figures without more information as to the proposed transactions and we invite you to contact us for a personalised quote and to discuss how we can best help you.