Our Costs and Disbursements
Freehold Sale
Freehold Purchase
Transfer of Equity / Remortgage
- Sale
- Anti-money Laundering search £6.00 plus VAT (per person)
- Land Registry documentation £15.00
- Bank transfer fee £35.00 plus VAT (per transfer)
- Telephone & Postage fee £25.00 plus VAT
- Case Management fee £25.00 plus VAT
- Purchase
- Anti-money Laundering £6.00 plus VAT (per person)
- Bank transfer fee £35.00 (per transfer)
- Local/ Property Searches £200-£350 (depending on Local Authority)
- Final Land Registry searches £7.00
- Land Registry fee between £95-£910 (depending purchase price)
- Case Management fee £25.00 plus VAT
- Telephone & Postage fee £25.00 plus VAT
- SDLT Return fee £75.00 plus vat
Stamp Duty may be payable depending on the purchase price and other factors e.g. first time buyer, etc. Full details of SDLT payable can be confirmed using the SDLT calculator
- Transfer of Equity / Re-mortgage
- Anti-money Laundering £6.00 plus VAT (per person)
- Bank transfer fee £35.00 plus VAT (per transfer)
- Office copy entries £15
- Final land registry searches £7
- Land registry fees- £20-£270
- Case Management fee £25.00 plus VAT
- Telephone & Postage fee £25.00 plus VAT
Stamp Duty may be payable depending on the circumstances and considerations involved with the transfer of equity. This is something which we can discuss with you when we are providing a quotation.
Key Stages of a Transaction
Drawing on our expertise in conveyancing matters, we adopt a very proactive approach to managing interaction with all the other parties involved in your transaction.
However, be aware that overall timescales for individual matters can depend on the response times and actions of other parties and can be longer than those indicated for some transactions.
Selling a property
Timescales: 6-8 weeks for freehold; 6-10 weeks for leasehold
Key stages
• Undertake all mandatory compliance and regulatory checks promptly to ensure the transaction can get underway
• Obtain all required documentation, including any official property register and planning information, review and incorporate into a contact pack to send to the buyer’s solicitors
• Leasehold only: Obtain and review the Seller’s Information Pack from the landlord or management company and send on to the buyer’s solicitors
• Reply to any enquiries made by the buyer’s solicitor and, where applicable, obtain a statement from your mortgage lender in readiness for the redemption of your mortgage when the sale is completed
• Agree deposit amount to be paid by the buyer in readiness for exchange of contracts
• Leasehold only: Agree apportionment of ground rent and service charges between you and the buyer
• Liaise with you and with your estate agent throughout the transaction to identify and deal with any potential issues that might arise
• Proceed to exchange of contracts and confirm completion date with you and your buyer. Ensure all necessary documentation is in place ready for completion
• Oversee completion of the transaction and, using the proceeds of the sale, ensure any outstanding mortgage is settled with your lender and estate agents’ fees are paid in accordance to your contract with them
Buying a property
Timescales: 6-10 weeks for freehold; 6-12 weeks for leasehold;
Key stages
• Undertake all mandatory compliance and regulatory checks promptly to ensure the transaction can get underway
• Review the contract pack sent by the seller’s solicitor, check the official property register and amend or approve the contract of sale as required
• Advise on, and agree with you, the enquiries to be asked of the sellers’ solicitors regarding the property. Order relevant property, planning and environmental searches
• Leasehold only: Request and review the Seller’s Leasehold Information Pack. Review the lease details including legal rights and obligations and the overall time to lease expiry and, where relevant, whether this meets your mortgage lender’s requirements
• Where relevant, receive and review any formal mortgage offer made by your lender
• Provide a report to you and, where relevant, your mortgage lender, summarising the legal status of the property, the results of the searches and answers to enquiries raised with the seller’s solicitor
• Leasehold only: Agree apportionment of ground rent and service charges between you and the seller
• Liaise with you and seller’s estate agent throughout the transaction to identify and deal with any potential issues that might arise
• Proceed to exchange of contracts and agree a completion date with you and your seller. Request release of funds from your mortgage lender, where applicable, and ensure that all funds from all sources are in place in readiness for exchange and completion
• Oversee completion of the transaction and submit a return to the tax authorities (HMRC), ensuring any required Stamp Duty Land Tax is paid, any indemnity policies are in place and that the transaction is registered with HM Land Registry
• Leasehold only: Serve the freeholder with any necessary notices of transfer of ownership of the property
• Once registration has taken place provide you and your lender with copy of the updated Register of Title
Complaints Procedure
If you have any complaint about the way in which your matter has been dealt with this is the procedure which will be followed:
1. A complaint can be an oral or written expression (please email iedwards@farnhamconveyancing
or write to the address below) of dissatisfaction which alleges that the complainant has suffered (or may suffer) financial loss, distress, inconvenience, or detriment.
2. We aim to resolve any complaint you have about the service we have given you as quickly as possible. If you are unable to sort things out with the person who has been dealing with you please contact Ian Edwards on 01252 750321.
3. Once we have received your complaint, Ian Edwards will write to you within 7 days to explain how your complaint will be investigated if a complete response to your complaint has not been made by that time. You will be told the latest date by which a complete answer will be given to your complaint (this should be not more than 28 days after we received your complaint). If you have made the complaint verbally – either at a meeting or on the telephone – we will set out in our full response our understanding of the nature of your complaint.
4. The assessment of the complaint will be based upon a sufficient and fair investigation. We will explain in writing our findings and where the complaint is upheld will offer remedial action or redress. This will be actioned promptly.
5. If after following the review process you remain dissatisfied with any aspect of our handling of your complaint, you may contact directly the Legal Ombudsman to ask them to consider the complaint further:
Tel no: 0300 555 0333
Email: enquiries@legalombudsman.org.uk
Website: http://www.legalombudsman.org.uk/
Legal Ombudsman, PO Box 6806, Wolverhampton, WV1 9WJ
Unless it agrees there are good reasons not to do so, the Legal Ombudsman will expect you to allow us to consider and respond to your complaint in accordance with the procedure set out above in the first instance. You can refer your complaint up to 6 months after you have received our final written response to your complaint. You can also use the Ombudsman service if we have not resolved your complaint within 8 weeks of us receiving it. A complaint can be referred to the Legal Ombudsman up to 6 years from the date of the act or omission or up to 3 years after discovering a problem. The ombudsman deals with service-related complaints; any conduct-related complaints will be referred to the Council for Licensed Conveyancers.
CLC Compensation Fund
If you make a valid claim against us for a loss arising out of work for which we are legally responsible, and we are unable to meet our liability in full, you may be entitled to claim from the Compensation Fund administered by the Council for Licensed Conveyancers, WeWork, 131 Finsbury Pavement
London, EC2A 1NT
Farnham Conveyancing Limited
35 Middle Bourne Lane Lower Bourne Farnham GU10 3NH
Telephone Number: 01252 750321