Buying and selling properties can be lengthy and frustrating. It’s all too easy to feel left out in the dark.
At Thorne Segar we understand the importance of keeping you in the loop. We think you should be kept informed of any new developments. Accordingly we’ll give you frequent progress reports.
Our conveyancing department will:
- Guide you through the process of buying or selling
- Correspond with all the involved parties on your behalf
- Carry out local authority and utility searches
- Rigorously investigate the title to the properties
- Advise of any additional costs
- Handle payment between parties, mortgage company etc
- Register your ownership with the Land Registry
As active Conveyancing Solicitors in Minehead for over 125 years we have an intimate knowledge of the unique complexities of the property market in our area. We also hold the Law’s Society’s Conveyancing Quality Scheme Award.
We have extensive experience of issues arising from conservation and grade listing, shared access and rights of way and environmental problems including flooding.
Whether you’re buying and/or selling or remortgaging we’re committed to providing the highest standards of service.
Residential Conveyancing fees typically range from £825 – £950 +vat
Fees are quoted in advance and are fixed – with no hidden extras
See detailed price list below
Why do I need a lawyer to do my conveyancing?
You could do your own conveyancing however most mortgage companies will insist that a lawyer does it for you as it is a high risk transaction. Similarly if you fail to spot something such as a boundary issue, it could result in a costly and lengthy dispute, or even impact on the resale value of your property.
How long will it take?
Most Residential Conveyancing is completed within 8 to 12 weeks. The actual timescale will depend on all the other involved parties: Solicitors, Vendor, Purchaser, others in the chain etc. We aim to keep the process moving on your behalf.
Why do I need to do searches?
Searches are necessary to establish a clear picture of what you are buying and any factors that might affect the property. Are there plans for a new road or building development near by? Is the property at risk of flooding? Are the financial liabilities attached to previous occupants?
These checks have to be performed because the situation can change over time or since the property was last sold.
REQUEST A CALL BACK
Buying a house is usually the largest financial commitment anyone makes.
You don’t buy a bunch of bananas without checking them first – don’t skimp on the
legal protection that quality conveyancing provides.
Conveyancing Price List 2018
Fixed Fees (ex VAT)
|Fixed Fees (ex VAT)||Sale £s||Purchase £s||Re-mortgage £s||Transfer of Ownership £s|
|Up to 199,999||825||950||800||850|
|200,000 – 299,999||925||1050||900||850|
|400,000 – 499,999||1150||1250||1100||950|
|500,000 – 999,999||0.25% of price||0.25% of price||0.25% of price||1200|
|£1,000,000 +||0.3% of price||0.3% of price||0.3% of price||2000|
Extra Charges (ex VAT)
|Leasehold||£350 (NB reductions may apply to some properties as below)|
|Gifted Family Purchase Funding||£200|
|3rd Party Purchase Funding||£400|
|Declaration of Trust||£200|
|Other Deed||On enquiry, based on £200 per hour|
|Obtaining Indemnity policy||£50 per policy for self-issue
On enquiry for bespoke based on £200 per hour
|Supplement for liaising with 3rd party firm||£150|
|HMRC return to secure SDLT refund||£250|
|Overseas purchasers’ ID and Money Laundering||£650|
|Abortive Fee||50% of quoted fee|
|SDLT return for purchaser(s) with interest in another property||£150*|
|Surrender and re-grant of Lease where part of sale or purchase||£250|
|Surrender and re-grant of Lease where not part of sale or purchase||£850|
Reductions (ex VAT) **
*Subject to advice to refer to specialist accountant where appropriate
**Where a surrender and re-grant is required reduction does NOT apply (see also fee scale above)