Conveyancing Solicitors in Colchester
If you think you’ve found the property in Colchester you want to purchase, or perhaps you are selling your home, you will require a Conveyancer or a Conveyancing Solicitor to manage the necessary legal side of the property transfer.
Property Solicitors/Conveyancers will process the necessary legal tasks and purchase checks on your behalf. Choosing a conveyancer or solicitor to process the work for your transaction is tough, these days you have many options. You can choose the estate agents recommended conveyancing solicitor, but they are usually a lot more overpriced.
This is were Conveyancing Pro can help you. Through this website we compare conveyancing quotes in Colchester from our carefully selected panel of conveyancing solicitors. Find the cheapest conveyancer quotes using the conveyancer quote finder above.
Should I use my Estate Agents recommended conveyancing solicitor for Colchester
When buying through an Estate Agent, they will usually ask that you use their preferred conveyancer or solicitor, but you do NOT need to use them. It isn’t uncommon for Agents to get extra commission from pushing their clients to certain conveyancers, sometimes that commission is included in your Conveyancers quote. In the end you might have to pay far more than you should have for the conveyancing work.
You’d be better off using our comparison search to compare conveyancing solicitors on the internet with us. Buyers, Sellers and Remortgagers can save hundreds from using our Colchester Conveyancing quote comparison. When to know more visit: Should I use my Estate Agent’s recommended Conveyancer?
What is the normal fees for Conveyancing in Colchester?
The amount you’ll need to pay for Conveyancing depends on whether you are purchasing, selling or remortgaging a home. Conveyancing fees are typically between £850-£1,500 for residential properties. If the house or flat you’re transferring is a Leasehold Property, the process will include extra fees (because there will be more work involved).
When purchasing, they will also carry out property searches, searches check if there might be some local issues or problems in the surrounding area that will effect the properties value.
No Hidden Costs
When you receive online quotes for conveyancing, you should look through the quotes small print because there could be extra fees hidden in the quotes terms and conditions. Our recommended conveyancing solicitors give professional legal advice in Colchester and throughout Essex, and we promise that there are no surprises at the end of your transaction. If you compare our conveyancing solicitors, the fees you get are detailed, they list all the associated costs and include disbursements (for more info see: hidden costs in conveyancing).
Leasehold Conveyancing Colchester
A leasehold property is when the purchaser buys the right to own and occupy a property for a certain length of time. They’re also subject to some restrictive conditions contained in the Lease Contract. The length of time granted by the lease is limited to up to 999 years.
It’s imperative that people select a professional Licensed Conveyancer that has years of experience in managing Lease Conveyancing. A knowledgeable Leasehold Conveyancer has dealt with every kind of pitfalls that will arise Leasehold sales, for example:
1. the conveyancer must confirm the length of time of the unexpired term left on the lease because almost all lenders don’t give a mortgage if a lease that has under 60 years leftover on them.
2. the leasehold conveyancer is required to confirm the other conditions and requirement written in the lease that could restrict the usage, satisfaction and futurealterations of the property.
As we already mentioned before that the legal cost on a leasehold property can be more expensive than on a normal freehold property (for more info see: leasehold conveyancing).
Colchester Remortgage Solicitors
If you’re remortgaging your property in Colchester, you will require a conveyancer to represent your interests and your mortgage providers interests. Lenders only accept a remortgage property lawyer restricted to their selected list of approved conveyancers. Our group of remortgage property lawyers for Colchester are approved by and on almost every mortgage provider panels. Our recommended licensed conveyancers are highly experienced, they work quickly to remortgage the property and make the transaction run smoothly.
About Colchester
Colchester i/ˈkoʊltʃɛstər/[1] is an historic large town and the largest settlement within the borough of Colchester in the county of Essex.
At the time of the census in 2011, it had a population of 121,859, marking a considerable rise from the previous census and with considerable development since 2001 and ongoing building plans; it has been named as one of Britain’s fastest growing towns.[2] As the oldest recorded Roman town in Britain, Colchester is claimed to be the oldest town in Britain.[3] It was for a time the capital of Roman Britain, and is a member of the Most Ancient European Towns Network.[4]
(from Wikipedia).
The national average timescale for conveyancing is between 9-10 weeks. Conveyancing for simple purchase transactions can take just 4-6 weeks but a more complicated transaction can take much much longer to complete. Some transactions have been known to take over a year to complete, why? More info visit our How long does conveyancing take?.
If you are buying a property in Colchester (or anywhere in England and Wales), for more than £125,000, you will be subject to Stamp Duty Land Tax (or SDLT for short). This tax is calculated in brackets, like the UK income tax system. When you get a quote with us, we calculate the Stamp Duty (SDLT) you’ll have to pay for you. For more info visit our Stamp Duty Rates and Examples page.
Essex is a county in England immediately north-east of London. It borders the counties of Suffolk and Cambridgeshire to the north, Hertfordshire to the west, Kent across the estuary of the River Thames to the south and London to the south-west. The county town is Chelmsford, which is the only city in the county. As well as rural areas, the county also includes London Stansted Airport, the new towns of Basildon and Harlow, Lakeside Shopping Centre, the port of Tilbury and the town of Southend-on-Sea.
The current average value in Essex in May 2017 is £353,594. This has increased 0.37% from February 2017. Terraced properties sold for a current average value of £302,150 and semi-detached properties valued £351,716. In the past year property prices in Essex have increased 2.50%. This is according to the current Zoopla estimates.
