Purchase of shared ownership property
First Time Buyer Conveyancing
Whether you are a first-time buyer or an investor, we are here to take the stress out of buying and selling a home. We will guide you through each step of the transaction and tailor our service to your personal requirements, so you get exactly the service you need.
When it comes to buying a property, there are important decisions you need to make, and we are here to ensure that all your legal obligations are met. There are lots of boxes to tick, and we want to assist you in buying your house quickly and efficiently.
Why Choose Us?
We have an experienced team that understands the stresses involved in purchasing a property. Our approach is simple – we provide a first-class service from our expert team who make the difference by taking care of all the important legal details and removing any confusion and uncertainty from the process of purchasing a property.
Whether you are purchasing a property through an estate agent or privately, we will make everything as clear as possible. Our team are made up of highly qualified professionals who have the legal and technical "know-how" to resolve any issues as they arise in a professional and efficient manner.
We also recognise that communication is key, especially where there are complex issues to deal with, so we will ensure you are always kept up-to-date and get answers to your questions in plain English.
We want you to feel confident that you are a priority, with our aim being that any member of the team is available to speak with you when you need some clarity and certainty at any stage in the process.
Pricing
We know how important cost is when deciding who to use for your conveyancing, so we review our fees on a regular basis, taking into account clients' feedback, so we can make sure we always offer great value.
Our fees cover all 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.
Fees and Disbursements
- Legal Fee £700.00 plus 20% VAT
- Onboarding fee (including third party administration fees) £40.00 plus 20% VAT
- Telegraphic Transfer fee £25.00 plus 20% VAT
- Electronic ID fee £20.00 plus 20% VAT (per person)
- Search fees £242.90 inc 20% VAT
- Land Registry search fee £8.80 (£7.00 search fee & £1.50 plus 20% VAT admin fee)
- Bankruptcy search fee £7.80 per name (£6.00 search fee & £1.50 plus 20% VAT admin fee)
- Post completion fee £10.00 plus 20% VAT
- Land registry fee(Determined by % of purchase)
Disbursements and Stamp Duty Tax
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.
This will depend on the purchase price of your property.
Time Scales
For any transaction, the timescales are subject to change depending on when your offer is accepted and factors involved, such as:
- Number of parties in the chain
- Whether you have a mortgage in place
- Whether you are buying a new build property
- Whether you need a lease extension for a leasehold property
A typical transaction will take between 10 and 14 weeks. However, if any of the above apply, or there are other factors we need to take into consideration, it may increase the time by a further 4-6 weeks, and additional charges may occur. We will discuss this with you at the earliest opportunity, so you always have a clear picture of how long things are likely to take.
Key Milestones
With every transaction, there are key milestones, which may vary according to individual circumstances. They may be as follows:
Andrea Pashley
Notary Public, Senior Director and Head of Family
