Residential Conveyancing
Headleys have been providing quality, trustworthy and expert legal advice in Leicestershire, specifically from offices in Lutterworth and Hinckley since 1928.
Our specialist residential conveyancing teams have extensive, in-depth knowledge of the local property market and vast experience of buying and selling both freehold and leashold properties. Our service is fast, friendly and cost effective, guiding you through once of the most important transactions with the minimum amount of stress.
Our Expertise:
- Sales & Purchases (both freehold & leasehold)
- New Build Homes
- Help to Buy
- Transfers of Equity
- Deeds of Gift
- Declarations of Trust
- Shared Ownership
- Part-Exchange Properties
- Re-mortgages
The Process
With moving home widely acknowledged as one of the most stressful experiences, our team is here to simplfy the process.
Buyer and seller agree a price
▼
We take your full instructions and you supply proof of identification
▼
The seller’s conveyancer sends out the draft contract
▼
Buyers’ conveyancer raises enquiries and applies for relevant searches
▼
Once a mortgage offer and replies to enquiries are received, an appointment will be made to discuss and sign documents when a deposit will also be requested.
▼
Contracts are exchanged and completion (moving) date agreed
▼
Sale and/or purchase completes normally around midday when keys are collected
Common Searches
When buying a property, it is generally necessary to carry out various searches which can include:
- Local Authority Search
- Environmental Search
- Drainage Search
- Chancel Search
- Flood Report
- Coal Mining Report
Headleys can guide you through which searches are required for your property and organise these on your behalf.
FAOs
- How long does the process take?
If all goes smoothly, on average 6 – 8 weeks - What documents do I need to provide?
We will send you a client care package at the start of the matter and in this we will indicate the documents we require for identification purposes to comply with anti-money laundering regulations? - When can I make arrangements for moving and services e.g. gas, water?
Once a date has been agreed in principal for a completion, you can make provisional arrangements which can be confirmed once an exchange of contracts takes place and a definite completion date is fixed. - When do I get the keys?
The keys will be released on the day of completion either by the agent or upon prior arrangement with the seller once the monies have been received by the seller’s Solicitors.
Estimate for Sale plus VAT and disbursements (office copies)
|
Sale Price £ |
|
|---|---|
|
Up to £80,000.00 |
£500.00 |
|
£80,001.00 – £200,000.00 |
£600.00 |
|
£200,001.00 – £300,000.00 |
£650.00 |
|
£300.001.00 – £400,000.00 |
£750.00 |
|
£400,001.00 – £500,000.00 |
£850.00 |
|
£500,001.00 – £750,000.00 |
£950.00 |
|
£750,000.00 + |
£1,100.00 + |
Estimate for Purchase plus VAT and disbursements
|
Purchase Price £ |
|
|---|---|
|
Up to 100,000.00 |
£500.00 |
|
£100,001.00 – £125,000.00 |
£550.00 |
|
£125,001.00 – £300,000.00 |
£575.00 |
|
£300,001.00 – £500,000.00 |
£850.00 |
|
£500,001.00 – £600,000.00 |
£950.00 |
|
£600,001.00 – £700,000.00 |
£1,000.00 |
|
£700,001.00 + |
£1,150.00 + |
Add
£150.00 plus VAT if property is leasehold
£150.00 plus VAT Help to Buy
£50.00 plus VAT Help to Buy ISA
£100.00 plus VAT Declaration of Trust
£75.00 plus VAT if unregistered
£40.00 plus VAT indemnity policies admin fee
£30.00 plus VAT redemption of a second or subsequent mortgages
Purchases
These figures are ‘Estimates’ and note ‘Quotes’. Estimates are given on the basis that the matter proceeds in a straightforward manner without problems or delays. In these circumstances we reserve the right to make an additional charge for any extra work.
|
Leasehold/Share Ownerships/Management Company |
extra £150.00 + VAT (£250.00 over £1m) |
|---|---|
|
New Build |
extra £150.00 + VAT (£250.00 over £1m) |
|
Government Help to Buy Scheme |
extra £50.00 |
|
Up to £125,000.00 |
Cost VAT @20% Search package Office Search Fee Bankruptcy Search |
£500.00 £100.00 £189.00 (Hinckley) £3.00 £2.00 (per name) |
|---|---|---|
|
£50,001 – £80,000 |
Land Registry Fee |
£40.00 (£20) |
|
£80,001 – £100,000 |
Land Registry Fee |
£80.00 (£80) |
|
£100,001 – £125,000 |
Land Registry Fee |
£190.00 (£95) |
|
|
|
|
|
£125,001 – £200,000 |
Cost VAT @20% Search package Office Search Fee Bankruptcy Search Land Registry Fee +STAMP DUTY |
£550.00 £110.00 £189.00 (Hinckley) £ 3.00 £ 2.00 (per name) £190.00 (£95) u |
|
£201,000 – £300,000 |
Cost VAT @20% Search package Office Search Fee Bankruptcy Search Land Registry Fee +STAMP DUTY |
£600.00 £120.00 £189.00 (Hinckley) £ 3.00 £ 2.00 (per name) £270.00 (£35) u |
|
£350,001 – £400,000 |
Cost VAT @20% Search package Office Search Fee Bankruptcy Search Land Registry Fee +STAMP DUTY |
£700.00 £140.00 £189.00 (Hinckley) £ 3.00 £ 2.00 (per name) £270.00 (£35) u |
Sales
These figures are ‘Estimates’ and not ‘Quotes’. Estimates are given on the basis that the matter proceeds in a straightforward manner without problems or delays. In these circumstances we reserve the right to make an additional charge for any extra work.
|
If it is leasehold |
extra £150.00 +VAT |
|---|
|
Up to £150,000 |
Cost VAT @20% Office Copy Entries |
£500.00 £100.00 £3.00 – £19.00 |
|---|---|---|
|
£150,001 – £200,000
|
Cost VAT @20% Office Copy Entries |
£525.00 £105.00 £3.00 – £19.00 |
| £200,001 – £250,000 |
Cost VAT @20% Office Copy Entries |
£550.00 £110.00 £3.00 – £19.00 |
|
£250,001 – £300,000 |
Cost VAT @20% Office Copy Entries |
£600.00 £120.00 £3.00 – £19.00 |
|
£300,001 – £350,000 |
Cost VAT @20% Office Copy Entries |
£650.00 £105.00 £3.00 – £19.00 |
|
£350,001 – £400,000 |
Cost VAT @20% Office Copy Entries |
£700.00 £140.00 £3.00 – £19.00 |
|
£400,001 – £500,000 |
Cost VAT @20% Office Copy Entries |
£750.00 £150.00 £3.00 – £19.00 |
|
£500,000 – £1m |
Cost VAT @20% Office Copy Entries |
£1,100.00 (£250.00 extra if leasehold) £220.00 £3.00 – £19.00 |
|
£1m – £2m |
Cost VAT @20% Office Copy Entries |
£2,000.00 (£250.00 extra if leasehold) £400.00 £3.00 – £19.00 |
|
£2m – £3m |
Cost VAT @20% Office Copy Entries |
£3,500.00 (£250.00 extra if leasehold) £700.00 £3.00 – £19.00 |
Re-mortgages & Transfer of Equity
These figures are ‘Estimates’ and not ‘Quotes’. Estimates are given on this basis that the matter proceeds in a straightforward manner without undue problems or delays. If undue problems or delays occur then we reserve the right to make an additional charge for any additional work involved.
|
Standard Re-mortgage (up to £100,000.00) |
|
|---|---|
|
Costs |
£350.00 |
|
VAT @20% |
£ 80.00 |
|
*Local Authority Search |
£ 78.00 (this figure depends on the council) |
|
*Water Search |
£ 45.60 or £52.80 if out of area |
|
*Environmental Search |
£ 48.00 |
|
Office Copy Entries |
£ 6.00 |
|
Bankruptcy Search |
£ 2.00 (per name) |
|
Land Registry Fee |
£ (this will need to be confirmed) |
|
Lands Registry Search Fees |
£ 3.00 |
*it is possible that the Building Society will accept an Insurance Policy instead of searches at an approximate cost of £50.00.
Re-mortgage over £100,000 – £150,000.00 will be £450.00 plus VAT and the above disbursements
Re-mortgage over £150,000.00 – £200,000.00 will be £500.00 plus VAT and the above disbursements
|
Transfer of Equity & Existing Mortgage |
|
|---|---|
|
Costs |
£350.00 |
|
VAT @20% |
£ 70.00 |
|
Land Registry Fee |
£ (this will need to be confirmed) |
|
Bankruptcy Fee |
£ 2.00 (per name) |
|
Land Registry Fee |
£ 3.00 |
|
Office Copy Entries |
£ 6.00 |
*it is possible that the Building Society will accept an Insurance Policy instead of searches at an approximate cost of £50.00.
Re-mortgage over £100,000 – £150,000.00 will be £450.00 plus VAT and the above disbursements
Re-mortgage over £150,000.00 – £200,000.00 will be £500.00 plus VAT and the above disbursements
|
Transfer of Equity & Re-mortgage |
|
|---|---|
|
Costs |
£450.00 |
|
VAT @20% |
£ 90.00 |
|
Land Registry Fee |
£ (this will need to be confirmed) |
|
Bankruptcy Fee |
£ 2.00 (per name) |
|
Land Registry Fee |
£ 3.00 |
|
Office Copy Entries |
£ 6.00 |
|
Equity Release |
£500.00 plus VAT and above disbursements |
|
Declaration of Trust |
£100.00 plus VAT |
|
Notice of Severance |
£ 75.00 plus VAT |
01455 637815