What charges will I need to pay?
To see examples of our charges and the additional costs for disbursements based on a typical purchase transaction, please click on the boxes below:
Please get in touch with us to discuss your particular requirements. We will be very happy to provide you with a tailored quote based on the exact details of your purchase.
How long will my purchase take?
How long it will take from your offer being accepted until you can move into your home will depend on a number of factors. The average process takes between 6 and 12 weeks.
It can be quicker or slower, depending on the parties in the chain. For example, if you are a first time buyer, purchasing a new build property with a mortgage in principle, it could take 4-6 weeks to exchange contracts but usually with a new build property the completion date (the longstop date) can be many months later – however this is determined by the builder.
If you are buying a leasehold property that requires an extension of the lease, this can take significantly longer – anything between 4 and 12 months. In such a situation, additional charges would apply.
What are the stages of the process?
The precise stages involved in the purchase of a residential property vary according to the circumstances. However, below we have suggested some key stages to the process:
- Contact us to discuss your requirements so we can agree fees and discuss any specific requirements you have in terms of timescale
- Check your finances are in place to fund the purchase
- Provide us with all necessary identification for money laundering checks
- Consider whether you require a Survey
- Once we receive contract documents, we can carry out searches against the property and report to you on any initial observations on the information supplied by the seller
- Make any necessary enquiries of seller’s solicitor
- Provide a report and advise on the results of searches and all other information received
- Once a mortgage offer is received, go through conditions of mortgage offer with you
- Discuss your requirements relating to the joint ownership of the property and whether a Trust Deed is required
- Arrange for contract documentation to be signed and for your deposit to be paid to us in readiness for exchange of contracts (this is when the completion date is fixed and binding on both parties)
- Consider what completion date you require and check availability of removal companies
- Agree the completion date (date from which you own the property)
- Arrange your buildings insurance (you have to insure the property from the date contracts are exchanged – not the completion date)
- Exchange contracts with your authority and notify you once we have exchanged
- Arrange for all monies needed to be received from your lender and you
- Complete your purchase
- Deal with the payment of Stamp Duty/Land Tax
- Deal with an application for registration of your title at the Land Registry
We are Solicitor Panel members for all the major mortgage providers and this means we can act for your Bank or Building Society should you require a mortgage to assist with your purchase.
We are also accredited members of the Law Society’s Conveyancing Quality Scheme which means we are recognised as a Law Firm who provides conveyancing services to a very high standard.
Please contact a member of our team to discuss your specific needs – details on each member of the team can be found by clicking on the names below.