Residential Conveyancing
We know that buying or selling a home can be stressful. That’s why we offer a friendly and expert service.
Residential Conveyancing Services
Buying or selling a home can be a stressful experience, and we understand the challenges involved. At Merriman Solicitors, we offer a friendly and expert service to guide you through the process seamlessly.
Our team of qualified solicitors, with extensive experience in conveyancing, is dedicated to providing you with assistance from start to finish. We specialise in various aspects of residential conveyancing, including:
- Sales and purchases
- Freehold and Leasehold
- Joint ownership advice
- Loan Agreements
- First registrations
- Probate and matrimonial transfer
- Enfranchisement and lease extensions
Having worked in Marlborough and Wiltshire for many years, we have a deep understanding of the local area and strong connections with local agents. In response to our clients’ needs, we have expanded our services to cover properties in London, making it an integral part of our work. We can also assist with transactions throughout England and Wales.
Feel free to call us at 01672 515846 or contact us via email to discuss how we can assist you. In most cases, we can offer a fixed fee for our services.
Pricing for Residential Conveyancing:
Property transactions are unique, and our fees reflect the specific requirements of your sale or purchase. While we aim to provide a reliable estimate, the actual cost depends on the details of your intended transaction.
Fees Structure:
Typically, our fees, on a Fixed Fee basis, range from £1,000 – £2,000 plus VAT (£200-£400) for standard transactions.
Additional fees apply for leasehold properties £100 – £200 plus VAT (£20-£40).
Our fee for dealing with re-mortgages ranges from £350 – £475 plus VAT (£70-£95) with an additional £75 plus VAT (£15) for leasehold transactions.
Additional Expenses:
In addition to our fees, you will incur costs payable to third parties, known as ‘disbursements.’ Common disbursements include search fees, Stamp Duty Land Tax (paid to HMRC), Land Registry fees, and more. We handle disbursements on your behalf for a smoother process.
| For a Sale transaction | |
| Office Copy Entries | £6 |
| ID Verification (if required) | £7.20 plus VAT (£1.44) per person |
| Bank Transfer Fee (if required) | £34 plus VAT (£6.80) per transfer |
| Archiving Fee | £35 plus VAT (£7) |
| For a Purchase transaction | |
| Stamp Duty Land Tax (paid to HMRC) | The amount depends on the purchase price of your property. This can be calculated using HMRC’s website or if the property is in Wales by using the Welsh Revenue Authority’s website here. |
| Land Registry Fee | This fee varies depending on the value of the property and further details can be supplied on request |
| Search fees (to cover the usual recommended searches x 3) | In the region of £350 plus VAT (£70) for official searches and in the region of £200 plus VAT for regulated searches |
| Chancel Liability Indemnity Insurance (if required) | £12 (including Insurance Premium Tax – £40) |
| ID verification (if required) | £7.20 plus VAT (£1.44) per person |
| Archiving fee | £35 plus VAT (£7) |
| Sale of Leasehold Properties | |
| There are usually additional fees payable to the landlord or managing agent to obtain a Management Pack or replies to Leasehold Property Enquiries. These are typically between £150 – £300 plus VAT (£30-£60) but can be higher. | |
Duration of Transactions:
The time from offer acceptance to contract exchange varies based on factors like the property type and the number of parties in the chain. On average, a conveyance takes between 12-20 weeks.
Stages of the Process:
Our service encompasses various stages, such as:
- Taking instructions and giving initial advice
- Drafting or receiving and advising on contract documents
- Carrying out searches and obtaining planning documentation if required
- Raising or answering enquiries on title documents and searches
- Reporting on title and obtain mortgage offer (if appropriate)
- Obtaining authority to exchange and agree completion date
- Agreeing pre completion documents and obtaining pre-completion searches
- Providing a financial statement
- Completing the sale/purchase
- Dealing with the payment of Stamp Duty/Land Tax and application for registration at Land Registry
Quality Assurance:
As members of the Conveyancing Quality Scheme by the Law Society, we adhere to high standards, ensuring a professional and quality conveyancing service.
Please contact us by phone at 01672 515846, Email or Complete the online enquiry form to discuss your individual needs; we are here to assist you.