How Much Does Conveyancing Cost?
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Buying a home is likely to be the biggest financial transaction most people will make in their lives. Conveyancing is a critical part of the transaction, as it is essential to transfer the title of the property correctly, and to make sure there isn’t any legal reason why you might not want to go ahead with the purchase.
Equally, when selling your beloved home, you want to make sure that the transaction goes through hassle-free, leaving you free to focus your attention on planning your move into your new home.
Conveyancing Fees & Disbursements
Conveyancing can often present would-be buyers and sellers with some confusion as to what exactly they’re paying for, so we are going to try and clear it up for you. And most importantly – make it easy for you to understand in the future.
Firstly, there are the legal fees – our fees for carrying out the process for you. Fees can vary depending on the type and value of the property, and whether it is freehold or leasehold. Whatever the nature of your transaction, we will make it clear what our fees will be upfront.
Then comes disbursements. Again, these will vary depending on your property and its location. Disbursements are ancillary payments to third parties necessary to complete your transaction. These payments cover things like searches, bank transfer fees, land registry fees, and stamp duty land tax (SDLT).
As disbursements can vary, some properties need additional searches, such as a coal mining report, for example. Some buyers naturally feel that conveyancing costs lack clarity. Again, we are going to put these problems to rest from this point forward.
How are we going to do that?
By providing you with an instant, online conveyancing quotation tool that will detail all the costs that will be involved in your transaction, before you even speak to us.
This service is now available via our website. Designed to be quick and easy to use, we are confident that you will find the tool extremely beneficial. If you know the basics of your transaction, such as purchase/sale price, and whether the property is freehold or leasehold, we can provide you with a full quotation immediately.
You can then select to go ahead there and then, without the need for a conversation with us – unless you’d like to discuss your requirements in detail of course.
You can access the service here: DRN Conveyancing Quotation Service
Or to find out more about our conveyancing services, just click here: DRN buying and selling your home.
Finally, if you would like to talk to one of our expert conveyancers, please call us on 01282 433 241.