Buying or selling your home

Buying or selling your home

Buying a home can be one of the most important and exciting things you will ever do. At the same time, the conveyancing procedure can be very stressful. Our Ipswich, Felixstowe, Framlingham, Hadleigh and Woodbridge based residential conveyancing solicitors will ensure that your sale, purchase, or other property matters, are dealt with expertly and efficiently.

What is conveyancing?

Conveyancing is the general term used when buying and selling a property.

Our conveyancing team is accredited to the Conveyancing Quality Scheme, the Law Society’s quality standard for solicitors who achieve consistently high levels of service and advice in residential conveyancing work.

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Understanding our work and our fees

More Information [PDF]

We are able to provide fixed fees based on the price of the property you are selling and/or purchasing.

Conveyancing fees

Disbursements

These are the other costs payable to third parties that relate to your transaction. We pay for disbursements on your behalf, but these are a separate cost to our fees. Disbursements include:

  • Stamp Duty Land Tax (SDLT) – the rules for calculating SDLT can be complicated. The amount payable will depend upon the purchase price. The current rules provide for a zero rate up to £500,000 with a maximum rate of 12% on any value above £1.5 million.
    Stamp Duty banding explained
    Stamp Duty Calculator – work out the Stamp Duty payable on your purchase
  • Search fees are between £200 and £500 plus VAT at 20% (searches may include local, chancel repair, environmental, planning and drainage, and the fees payable to local authorities nationally can vary quite significantly).
  • Land Registry fees do not carry VAT and range between £40 to £910 depending on the value of the property. Check your Land Registry fees
  • Leasehold Notices to landlords are between £5 and £500 plus VAT at 20%, depending on the wording of the lease and the charges made by the managing agent.
  • Leasehold information pack charges are between £200 and £500 and additionally, VAT will be charged at 20% if the landlord is registered for VAT.
  • Bank fees are £35 plus VAT at 20% for a CHAPS payment and £7.50 plus VAT at 20% for a BACS payment.

These fees as they apply to your sale or purchase will be detailed in your quote.

Our fees do not include any external costs eg. Estate agents, removal costs and environmental remediation costs – you will be responsible for these items.

Other important information

Please note that we do not pay referral fees to agents and so you can rest assured that you will get completely independent legal advice.

We also appreciate that buying property is the biggest financial commitment and transaction you will make and so why go for the cheapest option when it comes to legal fees when our solicitors, legal executives and licensed conveyancers are proven performers in residential conveyancing? After all you get what you pay for in life!

Should things go wrong and the deal falls through before exchange of contracts, we offer TurnKey to limit the impact on your budget if this happens. The link below explains how, for a small premium, you can guard against wasted solicitor’s fees and make sure that you will be in a position to begin again without being significantly out of pocket.

 

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Testimonials

"I would like to say thank you for your help, support and guidance over the last two and a half years. Obviously should I need further assistance in the future I shall not hesitate to call you guys."

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"We were very pleased to have Jade as our solicitor, the service was excellent and we felt kept in the loop which minimised stress"

- CT

"I don't think this house sale would have pulled together without Jo's determination and expertise. Excellent!"

- MT

"Approachable, very efficient, always willing to take my calls and update me."

- SH

"We found Rachel Dawson outstanding, polite, professional and caring."

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"Jade Shelton was absolutely fantastic!! Professional and proactive at all times."

- JH

"Prompt, helpful, polite and very professional service"

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"“ This is the second time we have used Tracey for the conveyancing to buy our new home. She is always completely approachable, she has helped us along the way with advice and useful tips that has helped lessen the stress. We have complete confidence in her and would not hesitate to recommend her to our friends and family”.  - Peter Dawes, Cater Dawes Financial Planning "

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"This is by far the go-to firm for any issues. You are made to feel valued from the outset and they are so confident in what they do. Wouldn't recommend any other. Thank you Hugh and Max."

- Ros Jones

"The ease that we could access and speak to Pat Smith - Thank you"

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