Conveyancing

Description

“Conveyancing” is the transferring of ownership of land and/or buildings from one person to another.
Conveyancing can be a complex process because numerous checks regarding the property and the land that it is on need to be carried out. For example, rights of access, rights of way and any obligations to adhere to.

Mounteney Conveyancers are an experienced team of property specialists who will work quickly and accurately and we will do everything in our power to help your transaction go through. We will provide regular updates in plain English and will return all your calls.

Buying a house is probably the biggest purchase you will ever make – so you deserve the assurance that your interests are in the best hands.

Please see our Buyers Guide and Sellers Guide for further information including a description of the detail of the services that are included in the product.

For buyers, here is a list of our Lender Panels, i.e. the mortgages on which we can co-act for you and your lender.

How long will it take?

The time taken to complete a conveyancing transaction depends on many factors, primarily the number of related transactions.  The longer the “chain”, the more difficult it is to coordinate and therefore the more opportunity there is for a problem to arise.  Straightforward transactions with no major problems often complete in under about 8 to 12 weeks.  Occasionally transactions complete more quickly in some circumstances; please call us to discuss if timescale is a particular concern.  We will always try to accommodate quick completions where circumstances allow, although no solicitor can guarantee a timescale as they can never wholly be in control of the complete transaction.

The ”critical path” in a conveyancing transaction normally arise from factors connected to the buyer’s finance (mortgage, typically); these factors are often outside the conveyancer’s influence. Our Guides and brochures contain more information and estimates related to timing that may be relevant.

Our Regulators do not permit us to undertake any substantial conveyancing work until identity documents have been satisfactorily produced in accordance with the Money Laundering Regulations. More detail of all these matters will be outlined in our retainer letter which you will be able to review before you engage us.

Money Matters

Your supplier is normally CLC-regulated Mounteney Conveyancers Ltd; if may occasionally be SRA-regulated Mounteney Solicitors – you will be told if that is the case. Both entities charge VAT some customers may be able to reclaim

For the standard conveyancing service, our work will be charged at a fixed fee. (Please use our Conveyancing Calculator for an estimate ; our fee is based on £600 + 0.07% of the price (gross, i.e. including VAT; this equates to £500 + 0.0583% net, i.e. plus VAT). You will need to contact us for a fully detailed quote.

Our brochure contains more details of our pricing.

In addition to our fee, there may be various other related expenses (“disbursements”) which we will need to pay on your behalf, these will vary depending on the transaction, but will need to be funded by you in advance. We will explain to you as soon as possible which disbursements are applicable to your transaction and what the costs will be.

These are the disbursements predictable on a typical £230k transaction:

All  cases (approximately):

  • Bank Charges for CHAPS payments (each): £16.00
  • Land Registry Office copies: £15.00

Additionally for a typical purchase (Approximately):

  • Local Authority Search fees (typically): £118.50 + VAT
  • Land Registry Application Fee: See Link
  • Mortgage Lender’s Legal Fees if applicable (typically): £250.00 inc VAT
  • Land Registry search fees: £10.00
  • Stamp Duty Land Tax : Stamp Duty Calculator

There is more about our fees on our website here

If you have any questions or require any further information, please don’t hesitate to Contact Us.