1. How much does it all cost ?
2. How long does it take
3. Why is there such
a difference in fees ?
4. Can you do conveyancing
5. Why is it better to do this online
6. I live abroad
and want to buy property in the UK ?
Got a question that's not listed? Send us an email.
much does it all cost ?
The costs involved when you buy or sell a house can
vary greatly. Firstly, it depends if you are just selling, in
which case the total can be as low as £350, or whether you are
just buying, in which case searches and stamp duty come into play.
If you are buying and selling, as most people do, your costs
increase. Because this is a complex issue, and everybody wants
to know before they instruct a solicitor we have created our Free
on-line estimate service to work out all the costs for you.
How long does it take ?
The average sale and purchase takes around 6 weeks
from start to finish, although if everything goes to plan this can
be a lot less. The time it takes depends on numerous factors.
Firstly, is there a chain involved? If so things get
delayed when any member of the chain has a hold up. Your mortgage
arrangements, or those of your buyer, can also delay the process.
From our end the delays are involved in requesting the local
authority searches, this is something we have been able to speed up
by accepting instruction from clients on-line.
Why is there such a difference in fees ?
Solicitors invariably all charge different fees.
This is for a number of reasons. Firstly, the overheads incurred
by that office. A firm with plush offices in central London
are forced to charge more than a firm with lower overheads.
Secondly, volume of work. A company that isn't getting a steady
flow of work will be forced to charge more than a firm that has a
high turnover of cases. We are fortunate in the fact that we
deal with a large number of conveyancing cases, nation-wide, so we
can keep our costs down. When comparing solicitors fees, bear
in mind that most solicitors quote their fees excluding disbursements.
That means that they are just telling you what their fee is, all the
additional costs are added on top of that.
Can you do conveyancing anywhere ?
We are able to carry out conveyancing on your behalf
for property anywhere in England and Wales. We are able to liaise
with our clients via email, telephone or post. A visit to our
offices is not necessary.
Why is it better to do this online ?
We live in a world that is becoming more customer focused,
businesses are at last realising that the customer should be able
to use their services when the customer wants to, from where the customer
wants to. We offer a free on-line instant quote, 24hrs a day
365 days a year. You can instruct us on-line, from your home or office,
far more convenient than visiting a solicitor or sending him letters.
You can get progress reports simply by logging in to the site
at any time. By embracing the latest technology, we are able
to speed up the conveyancing process, something that we believe all
our clients appreciate. Finally, we offer a premium service
at an excellent price, giving you an opportunity to save money, something
most people appreciate especially when you're moving house.
I live abroad and want to buy property in
the UK ?
If you want to buy property in the UK we will guide
you every step of the way. We can deal with everything for you.
Simply drop us a line or give us a call for our full assistance.
What is 'Exchange of contracts'
Exchange of contracts is the date when a binding agreement
is made between solicitors on behalf of the buyer and seller.
The buyer usually pays a deposit to the seller. They are now
both legally bound to proceed with the deal. If either party now pulls
out, the other can keep the deposit and sue for damages. This
is a very rare occurrence once contracts have been exchanged.
What is 'Completion' ?
Completion is the date when the balance of the money
is paid to the vendor and the house becomes the legal property of
the buyer. This is usually the date you move in and the whole
process is over.
What if my sale falls through ?
An annoying fact of life is that not every sale makes
it through to completion. Sometimes your buyer pulls out, or
the chain collapses, for any number of reasons. Usually by that
stage, we have already done a large amount of the work towards the
sale (or purchase) on your behalf. If our instructions where then
cancelled, the work we have done and the expenses we have incurred
become chargeable. However for most people, this is just a temporary
hitch, and another buyer, or property is soon found. In which
case, the work we have done is all ready to be completed.
What guarantees do I have ?
As a firm of solicitors with over 21 years solid history
we would never anticipate running into any problems, or having disputes
with clients. However, we are covered by professional indemnity insurance
and all our activities are regulated by the Law Society.
What is stamp duty ?
Stamp duty is a property buyers tax charged by the
government. There is no stamp duty on properties under £125,000.
Properties between £125,000 - £250,000 are charged
1% of the purchase price. Between £250,000 - £500,000
the rate is 3%. Between £500,000 - £1,000,000 the rate is 4%. Between 1,000,000 and £2,000,000 the rate is 5% and above £2,000,000 stamp duty is charged at
Authorised and regulated by the Solicitors Regulation Authority Code of Conduct Partners: Mr Anthony John Woodhouse and Mr Anthony Whitney Major
We hold professional indemnity insurance cover; if you require more informaiton about our policy please contact Anthony Woodhouse
If you are a client and we have made a contract with you by electronic menas (website, email, etc.) you may beentitled to use an EU online dispute resolution service to assist with any contractual dispute you may have with us.
This service may be found at http://ec.europa.eu/odr. Our email address is email@example.comVAT Number: 346 8323 42