Conveyancing
Sale
Award Winning Law Firm | Fixed Fees are available
If you are looking to sell a property, we offer a fixed fee quote and aim to make the process as simple as possible. Selling a property is already stressful especially if you are purchasing at the same time.
Obtain a quotation for your sale using our Conveyancing Quote Calculator or see our costs here.
Sale
At NewBold Solicitors, conveyancing is something at which we excel. We have been accredited with the Law Society Conveyancing Quality Standard as well as receiving several other awards and nominations both locally and nationally.
If you are looking to sell a property, we are sure that we can assist you.
We aim to offer an excellent service from the moment we receive instructions, right through until keys are handed over on completion and we will strive to make your sale as smooth and as stress free as possible.
Costs Information
A fixed fee quotation can be obtained using our Conveyancing Quote Calculator (green button at the top of the page) or by clicking here.
All sale quotations will consist of legal costs (the costs for the services provided which are subject to VAT (currently 20%)) and disbursements. Disbursements are necessary third party costs such as Land Registry Fees which may be applicable to your transaction. We aim to keep disbursements to a minimum where possible and our quotation includes those anticipated costs which we foresee.
As a standard and generally speaking, our fixed fee for acting in the sale of a property consists of the following: –
- Checking over the paperwork you complete.
- Preparing and sending copies of your registered title and documents completed by you to the buyer’s solicitor.
- With your help, answering any enquiries (questions) and arranging for you to sign the contract of sale.
- Requesting a settlement figure for your mortgage and any other secured loans (if any).
- Liaising with appropriate parties and arranging a completion date.
- Organising the final accounts and preparing a completion statement.
- Approving the deed of transfer and arrange for you to sign it.
- Once contracts have been exchanged the sale is binding and the completion date is fixed:
- Receiving the balance sale money from the buyer’s solicitors.
- Discharging the account in accordance with the completion statement.
Unless otherwise advised, any quotation is given on the basis that:
- The property is currently held under a single freehold/leasehold title at the land registry with no title defects and up to one mortgage/charge.
- One contract is submitted to one sale.
- The sale will be on the basis of an unconditional contract and the property is sold with vacant possession.
- Completion takes place on the date agreed in the contract.
On average a New Build purchase transaction takes between 4-8 weeks to proceed to an exchange of contracts from receipt of the draft Contract Pack although this is very much an average and some transactions will proceed sooner and some will take exceed this timescale. Completion is likely to be dependent on when the property is considered ‘build complete’ and a Notice to Complete is issued by the Developer. More complex transactions such those involving leasehold properties, management companies etc may likely take longer to progress than standard transactions.
As a very rough guide and noting that all transactions can proceed slightly differently and at different timescales due to the complexities involved in a conveyancing transaction, we would consider the key stages to be the very basic stages:
- Issue of the draft Contract Pack to the Buyer’s Solicitors
- Buyer’s Solicitors carry out their investigation of title, which generally includes obtaining searches and raising additional enquiries. This stage is usually completed whilst other formalities such as mortgage arrangements are undertaken
- Buyer’s investigation of title is completed and pre-completion arrangements are made (exchange of contracts if the property is not build complete or if the property is build complete, exchange of contracts and completion)
- Completion takes place and post-completion formalities are attended to
If you have any questions regarding our conveyancing New Build purchasing service, please contact us on conveyancing@newboldsolicitors.com or call 0330 191 5898.