Please contact us for a free, no obligation quote:
- Grimsby on 01472 240 251
- Louth on 01507 600 610
- Barton on 01652 632215
- Scunthorpe on 01724 847 888
Even if this is not the first time you have bought or sold property, the transaction is likely to be one of your most important financial transactions ever. Moving home can also be stressful. It is important to choose the right person to act for you.
BG Solicitors LLP has been in the business of helping clients move house for over 70 years. Our team of conveyancers are experienced specialists and have a wealth of experience.
We are accredited to the Law Society’s Conveyancing Quality Scheme (CQS) which “.. provides a recognised quality standard for residential conveyancing practices. Achievement of membership establishes a level of credibility for member firms with stakeholders (regulators, lenders, insurers and consumers)”. CQS is external confirmation of the high quality of our service.
We also think that you need more from us than just a completion of legal formalities. Our role as your solicitors is to advise and help with matters both legal and practical. If you have any queries or problems, you should not hesitate to ask for help.
Buying or selling a house should not be dealt with in isolation, and BG can also advise on finance, wills, tax, family problems and other matters which concern you.
Our areas of expertise include (but are not limited to):
- Freehold and Leasehold Sales and Purchases
- Landlord Purchases
- Tenancy Agreements and Licenses
- New Build Purchases
- Help to Buy and Forces Help to Buy
- Shared Ownership
- Right to Buy
- Developer and Builder Plot Sales
- Transfers on Divorce, Death or Separation
- Other Transfers, e.g. into single or joint names
- Deeds of Gift
- Property Trust Deeds
- Deeds of Easement, e.g. for rights of way, rights of drainage etc.
- Buying and Selling Park Homes
Our Conveyancing Team is supervised by Richard Gibbon, who has 38 years experience in conveyancing and qualified as a Solicitor in 1984. The Team has Solicitors with between 6 years and 38 years experience a Chartered Legal Executive with 2 years experience, a Licensed Conveyancer with 13 years experience, paralegals with bet ween 2 years and 31 years experience.
PURCHASE OF A FREEHOLD RESIDENTIAL PROPERTY
Our fees cover all of the work* required to complete the purchase of your new home, including dealing with registration at the Land Registry and dealing with the payment of Stamp Duty Land Tax (Stamp Duty) if the property is in England, or Land Transaction Tax (Land Tax) if the property you wish to buy is in Wales. These fees are detailed in the table below.
You will note that the fees vary depending on the purchase price of the property
Our costs are shown in red, Disbursements are costs related to your matter that are payable to third parties, such as Land Registry fees. We handle the payment of the disbursements on your behalf to ensure a smoother process. The Disbursements are shown in blue.
Please note that we do not pay any referral fees to third parties.
Further, no Stamp Duty or Land Tax fee has been quoted as this depends on the specific purchase price of the property.
You can calculate the amount you will need to pay by using HMRC's website or if the property is located in Wales by using the Welsh Revenue Authority's website here.
How long will my house purchase take?
How long it will take from your offer being accepted until you can move in to your house will depend on a number of factors. The average process takes between 4-10 weeks.
It can be quicker or slower, depending on the parties in the chain.
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 that you may wish to include:
• Take your instructions and give you initial advice
• Check finances are in place to fund purchase and contact lender's solicitors if needed
• Receive and advise on contract documents
• Carry out searches
• Obtain further planning documentation if required
• Make any necessary enquiries of seller's solicitor
• Give you advice on all documents and information received
• Go through conditions of mortgage offer with you
• Send final contract to you for signature
• Agree completion date (date from which you own the property)
• Exchange contracts and notify you that this has happened
• Arrange for all monies needed to be received from lender and you
• Complete purchase
• Deal with payment of Stamp Duty/Land Tax
• Deal with application for registration at Land Registry
Purchase of a leasehold residential property
Please note that if you are purchasing a Leasehold property there often additional disbursements in relation to this, you will see examples of these additional costs detailed below:-
• Notice of Transfer fee – This fee if chargeable is set out in the lease. Often the fee is between £30- £200.
• Notice of Charge fee (if the property is to be mortgaged) – This fee is set out in the lease. Often the fee is between £30 and £200.
• Deed of Covenant fee – This fee is provided by the management company for the property and can be difficult to estimate. Often it is between £30 and £200.
• Certificate of Compliance fee - To be confirmed upon receipt of the lease,
*These fees vary from property to property and can on occasion be significantly more than the ranges given above. We can give you an accurate figure once we have sight of your specific documents.
* Our fee assumes that:
this is a standard transaction and that no unforeseen matters arise including for example (but not limited to) a defect in title which requires remedying prior to completion or the preparation of additional documents ancillary to the main transaction
this is the assignment of an existing lease and is not the grant of a new lease
the transaction is concluded in a timely manner and no unforeseen complication arise
all parties to the transaction are co-operative and there is no unreasonable delay from third parties providing documentation
no indemnity policies are required. Additional disbursements may apply if indemnity policies are required.