Residential Conveyancing

Wadsworths have been assisting generations of clients to buy and sell their properties since 1986.

We are experts in both the field of property law, and also the local property market. We have excellent links with all of the major estate agents, as well as all of the other, local Solicitors.

As such, we are able to draw on this experience to provide a personal and dedicated service to all of our conveyancing clients and to do everything possible to ensure that the process runs smoothly and successfully.

Whether you are a first time buyer or a property developer, we have experience in acting for people just like you, and are able to tailor our service to suit you.

We also fully appreciate that, whatever type of property owner or purchaser you are, the conveyancing process can be very stressful. We pride ourselves on being able to minimise that stress, and we do everything we can to try to ensure that matters run smoothly and simply for you.

We offer fixed fee services for most conveyancing services, and prior to your instructing us we will have provided our estimate, for you to agree. That way, you will neither incur any fees before the transaction commences, nor will you be hit with any additional costs that you weren’t expecting.

In some cases, it is not possible to provide a fixed fee for the service, for example if there are uncertainties about what will be involved. In those circumstances, we will give you an estimate of costs, which will not be exceeded without your express permission.

Like with all of our work, our dedication to customer service is what we hope you will take away from dealing with us and also what we hope will set us apart from our competitors.

How long does it take?

Unfortunately, no one can predict the exact time a conveyancing transaction will take. The length of the chain (i.e. how many properties are involved), the type of transaction and the speed of other parties in responding to and submitting paperwork will all affect the process. For a straightforward transaction, completion should usually take place within 6-8 weeks of instruction, however this can never be guaranteed.

 

Residential Conveyancing Legal Fees Price Guide

Every legal transaction is unique, however in general our current fees fall within the following ranges (prices correct as at 1 May 2023):

Sale of Freehold Property: £800 – £1,500 plus VAT
Sale of Leasehold Property: £900 – £1,600 plus VAT
Purchase of Freehold Property: £900 – £1,600 plus VAT
Purchase of Leasehold Property: £1,000 – £1,700 plus VAT
Remortgage: £600 plus VAT
Transfer of Equity/Assent: £600 plus VAT
Remortgage and Transfer of Equity: £800 plus VAT
Purchase of Freehold: £600 plus VAT
Lease Extension: £600 plus VAT
Equity Release: £600 plus VAT

Additional Fees

Purchase of New Build Property: As above plus £250 plus VAT
Help to Buy Mortgage: As above plus £200 plus VAT
Help to Buy ISA: £60 per ISA plus VAT

Additional fees that will not be included within the fee estimate but may be payable:

If you are purchasing a Leasehold property you may have to pay fees to the Landlord/Management Company such as the following

Deed of Covenant fee – £0.00 to £500.00
Notice of Transfer and Charge – £0.00 to £500.00
Certificate of Compliance £0.00 to £350.00
Share Certificate fee – £0.00 to £300.00

You may also have to pay an apportionment of service charge and ground rent on completion if these fees have been paid up to date by the vendor.

Purchase of Freehold and Lease Extension

As well as the premium for the Freehold and Lease Extensions you may have to pay the freeholders legal fees and surveyors fees which could be in the region of £500.00 to £2000.00

Sale of Leasehold Property

You may have to pay fees to the Managing Agent/Landlord for them to provide a sales pack which will confirm their appropriate requirements on you selling the property, which could be in the region of £100.00 to £500.00.

For a more guaranteed price please contact us and we will provide you with a detailed estimate.

Please note, prices shown above exclude disbursements (see below for further information) and VAT is currently charged at 20%.

What do our conveyancing fees include?

The legal fees stated above include us carrying out the following work on your behalf:

With regard to your Sale:

  • Checking the title to your property.
  • Providing title information to the buyer’s solicitor and drafting the Contract and submitting the Contract and all relevant documentation to the buyer’s solicitor.
  • Dealing with any pre-contract enquiries.
  • Dealing with any mortgage lender with a charge registered against the property or any other bodies with an interest in the property.
  • Dealing with any enquiries received from the buyer’s solicitors.
  • Exchanging contracts.
  • Approving the draft transfer on your behalf.
  • Completing the matter.
  • Discharging any mortgages registered against the property.

With regard to your Purchase:

  • Checking the seller’s title.
  • Raising appropriate enquiries before contract and reviewing the seller’s replies.
  • Making searches with the local authority and other information providers in accordance with your instructions and the instructions of any lender.
  • Reviewing and if necessary amending the contract and any associated documents.
  • Advising you about the results of searches, replies to our enquiries and the terms of the Contract and any associated documents.
  • Complying with the instructions of your mortgage lender if you are having a mortgage.
  • Exchanging contracts.
  • Making appropriate pre-completion searches and completing the matter.
  • Making the appropriate return to HM Revenue & Customs for the purposes of Stamp Duty Land Tax (SDLT) and on receipt of the signed SDLT Return Form submitting the same to HM Revenue and Customs.
  • On receipt of any SDLT monies due from you, arranging for the same to be paid to HM Revenue and Customs on your behalf.
  • Registering your ownership and any mortgage at the Land Registry.

Disbursements Price Guide

Disbursements arise where a payment is made on behalf of a client to a third party for which reimbursement is sought from the client.

The typical Conveyancing disbursements incurred during a sale of a property include £3.00 per title and £3.00 per title plan, any additional documents from the Land Registry are charged at £3.00 per document.

All conveyancing disbursements incurred when purchasing a property include search fees such as local authority, environmental and water searches which total to around £350.00. Additional searches may be required but we will advise you of the cost of the search before requesting the same. Most additional searches are around £40.00 and may include a flood, ground stability, energy or planning reports.

We charge a fee of £10.00 for chancel indemnity insurance along with £60.00 for completing the Land Transaction Return.

H M Land Registry charges are dependent on the purchase price and value between £20.00 to £910.00 for a registered property and between £40.00 to £910.00 for an unregistered property.  The Stamp Duty that you will to have pay will be in accordance with the legalisation laid out by the Government at that time. We will also charge a telegraphic transfer charge for transferring monies and the fee for this £38.00.

All prices are subject to change dependant on various factors including property value. For an up to date and no obligation quote, please click here.

“Ms Gemma was a great solicitor, with professional advice and I never been intimidated by her. She has always approached me calmly. Thank you.”

Review Solicitors, February 2024

Residential Conveyancing 
Residential Conveyancing

“FRIENDLY AND EFFICIENT GUIDANCE THROUGHOUT”

Review Solicitors, February 2024

Residential Conveyancing 
Residential Conveyancing

“Complete support and progressive updates from start to finish from Alex and her support staff. Excellent professional service throughout.”

Review Solicitors, January 2024

Residential Conveyancing 
Residential Conveyancing

“Alex and her colleagues were very good at keeping us informed of any information that we needed. Our process took a very long time due to issues in our chain but once everything was ready to complete it was done swiftly and effectively. I would totally recommend Wadsworth to anybody.”

Review Solicitors, December 2023

Residential Conveyancing 
Residential Conveyancing

“Want to recommend Gemma Dempsey at the Shirley branch. She went above and beyond with sorting out our sale and purchase quickly and smoothly took away any worry and replied to emails straight away even at weekends. Thank you Gemma.”

Google Review, December 2023 

Residential Conveyancing 
Residential Conveyancing

Meet Our Residential Conveyancing Team

The Residential Conveyancing department is supervised by Gemma Dempsey.

Gemma Dempsey

Alexandra Tait

Alex Browne

Residential Conveyancer

abrowne@wadsworthslaw.co.uk

 

 

Alina Habib

Laura Staines

Executive Assistant

laura.staines@wadsworthslaw.co.uk

 

 

Nicola Hunter

New Business Assistant - Conveyancing 

n.hunter@wadsworthslaw.co.uk

 

 

Ellise Caldicott

Conveyancing Assistant

e.caldicott@wadsworthslaw.co.uk

 

 

Nicole Walker

Conveyancing Assistant

n.walker@wadsworthslaw.co.uk

 

 

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