Conveyancing in Solihull
Whether you are a first-time buyer, upsizing, downsizing or remortgaging, we can help.
We are experts in conveyancing in Solihull. We deal with hundreds of transactions each year, including purchases and sales, remortgages, transfers, leasehold enfranchisement and setting up a property management company.
Buying a property is likely to be the most expensive purchase you will ever make. It is important to make sure that you are represented by a firm you can trust, and this all starts with a face-to-face meeting. Correcting conveyancing mistakes can cost thousands of pounds, so we recommend steering clear of the cheapest quotes.
Choosing the cheapest conveyancing quote can jeopardise your property sale and even lead you to miss out on your dream home. Pearclelegal provides conveyancing services for Solihull and the surrounding areas. With expert knowledge of the local area and property market, we can help keep the conveyancing process on track and avoid common pitfalls.
Understanding conveyancing fees
We understand that buyers shop around for the cheapest conveyancing quote. If you are doing so, please make sure that you are comparing like with like. We often find that other firms provide prospective clients with a ‘headline’ quote that does not include additional costs or does not include VAT.
Pearcelegal is committed to honesty and transparency about our costs from the outset, allowing you to budget without the risk of a nasty shock further down the line. If problems arise and additional expenses are likely, we will keep you informed every step of the way. For more information about our fees, please visit our fees information page or request a conveyancing estimate by clicking on the 'Instant Quote' button above.
How much is Stamp Duty?
Stamp Duty varies depending on the value of the property and the status of the purchasers. Stamp Duty information can be found on the Government website: Stamp Duty Calculator. We will provide you with details of any Stamp Duty payable when you request a tailored quote from us.
How long does conveyancing take to complete?
The time taken to complete a sale or purchase transaction will depend on a number of factors including the number of properties in the sale and purchase chain, any specific issues or requirements for additional reports, the funding arrangements and the other professionals acting in the chain of transactions. For a straightforward cash purchase with no chain, completion could take place within 6 weeks. For more complex transactions in a lengthy chain of property transactions, completion could take up to 6-12 weeks.
Frequently asked questions
Can you negotiate conveyancing fees?
When a conveyancing solicitor provides a fixed fee, there often isn’t much room to negotiate. If you are paying an hourly rate, there may be something you can do to keep costs down. Remember that cutting costs on conveyancing could cost you in the long-term. A simple mistake could cost thousands to fix further down the line.
How much should conveyancing cost?
The cost of conveyancing will vary depending on the complexity of the sale and the type of property. The majority of conveyancing solicitors will provide a fixed price for the process, while others will provide an hourly rate. Please click on the link above for an instant quote. For more information on our fees please visit our fees information page.
What are the stages of conveyancing?
There are six stages to the conveyancing process. These are:1. You choose your conveyancing solicitor. They will provide a Letter of Engagement and confirm the Terms of Business. You need to sign and return this with a copy of your ID before this stage can move forward.2. Your solicitor will receive a draft contract from the seller. They will then begin the relevant searches. This could take 2-3 weeks to complete, depending on the responsiveness of the Local Authority.3. Contracts are exchanged. At this stage, both parties need to agree on a completion date. At this stage, you are legally bound to purchase the property.4. Your solicitor draws up the Transfer Deed so the property can be registered in your name. You should now receive a final statement outlining the fees so you can make sure the figure is in your bank account on closing day. Your solicitor will carry out the final checks with the Land Registry.5. Completion day. Your solicitor transfers the money due. Once this has been received, the keys will be released by the seller, or more commonly by the Estate Agent.6. After completion, your solicitor will arrange to pay any Stamp Duty Land Tax. Finally, the property details will be updated with the land registry.If you are confused about any step in the process, the Pearcelegal team can help.
Is it better to use a local solicitor for conveyancing?
You do not have to use a local conveyancing solicitor, but many find that it helps. A local conveyancing solicitor will know the area and will be able to conduct the relevant research and checks with ease. It also helps if you can visit your conveyancing solicitor to sign paperwork and speed up the process.
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