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Residential Conveyancing

Purchase of a freehold or leasehold 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.

For an estimate of costs for conveyancer's fees and disbursements visit https://bhplaw.brighterestimates.co.uk/Quotes/New#/index

BHP Law have in place financial arrangements with various introducers for most areas of work but more so in residential conveyancing work, whereby we pay to the introducer a “referral fee”. The referral fee is included in the fees quoted to you (it is not an additional fee payable by you). If the work we carry out on your behalf is introduced to us by one of the referrers we have a financial arrangement with, you will be informed both by the introducer (for example in Residential Conveyancer this could be an Estate Agent or Mortgage Broker), and also by ourselves when we send our terms of business to you after receiving your instructions to act for you. The referral fees for the arrangements we currently have in place with introducers are either a fixed amount ranging from £45 to £200 or a percentage of our costs which is 15%.

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.

On a leasehold purchase there may be additional disbursements. There are certain disbursements which will be set out in the individual lease relating to the Property. The disbursements which we anticipate will apply are set out separately below. This list is not exhaustive and other disbursements may apply depending on the term of the lease. We will update you on the specific fees upon receipt and review of the lease from the seller's solicitors.

 

Anticipated Disbursements*

  • Notice of Transfer fee – This fee if chargeable is set out in the lease.
  • Notice of Charge fee (if the property is to be mortgaged) – This fee is set out in the lease.
  • Deed of Covenant fee – This fee is provided by the management company for the property and can be difficult to estimate.
  • Certificate of Compliance fee - To be confirmed upon receipt of the lease.

*These fees vary from property to property. We can give you an accurate figure once we have sight of your specific documents.

You should also be aware that ground rent and service charge are likely to apply throughout your ownership of the property. We will confirm the ground rent and the anticipated service charge as soon as this we receive this information.

 

Stamp Duty or Land Tax (on purchase)

This depends on the purchase price of your 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 6-8 weeks.

It can be quicker or slower, depending on the parties in the chain. For example, if you are a first-time buyer, purchasing a new build property with a mortgage in principle, it could take 4-6 weeks. However, if you are buying a leasehold property that requires an extension of the lease, this can take significantly longer, between 8-10 weeks. In such a situation additional charges would apply.

 

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

 

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.

 

Our team has over 100 years of collective experience in Residential Conveyancing. We have 6 members of the team who may work on your matter. Regardless of who works on your matter they will be supervised by Team Leader Jemma Ebdon. Peter Blackett, Senior Partner, is the Head of the Residential Conveyancing Team with overall responsibility for your matter.

Peter Blackett – Senior Partner

Peter Blackett, Senior Partner, qualified as Solicitor in 1970 and has over 48 years legal experience as well as 39 years experience as a Notary Public. Peter is particularly skilled at dealing with complex matters and has completed several professional development courses. Peter is recognised by the Legal 500 as a leading individual.

Jemma Ebdon – Conveyancing Executive

Jemma is the Residential Conveyancing Team Leader and has over 10 years experience in dealing with property transactions. Jemma joined BHP Law in 2010 and since that time has progressed to team leader, she is now undertaking the Licensed Conveyancer qualification. Jemma has dealt with 100’s of property transactions since joining BHP.

Dorothy Burgess – Conveyancing Executive

Dorothy joined BHP Law in 1987 and has over 31 years experience in Residential Conveyancing. During her time at BHP Law Dorothy has established lasting relationship with both local Solicitors and Estate Agents. Dorothy has completed 100’s of property transactions and has undertaken several professional development courses.

Caroline Turnbull – Solicitor

Caroline attended the University of Hull and qualified as a Solicitor in 2003. Upon qualification Caroline returned to practice in the North of the region and has over 15 years experience specialising in property law. 

Lauren Jordan – Solicitor

Lauren qualified as a Solicitor in 2018 and has been working in our Residential Conveyancing team ever since. Lauren has a Law Degree from Cumbria University and completed the Legal Practice Course at Northumbria University. Lauren has 5 years experience in conveyancing and in this time has worked on many sales, purchases, re-mortgages and transfers.

Matt Windle – Trainee Solicitor

Matt began his Training Contract with BHP Law in 2018 and has undertaken seats in our Corporate & Commercial, Family and Residential Conveyancing teams.

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