Conveyancing Solicitors in Grays
So you’ve finally found the house in Grays you wish to buy, or perhaps you are selling a property, you’ll require a Conveyancer or a Property Solicitor to help you with the legal aspect of the property/land title transfer.
Conveyancers must complete the necessary legal tasks and purchase checks for you. Selecting a conveyancer to process the legal work on your behalf can be difficult, there are a large number of options to choose from. You could use your estate agents preferred conveyancer or solicitor, but they can be more overpriced.
This is were Conveyancing Pro can help you. We compare conveyancing quotes in Grays from our recommended panel of conveyancing solicitors. Get the cheapest conveyancing quotes using the conveyancer quote finder above.
Should I use the Estate Agents preferred conveyancing solicitor for Grays
If you’re buying through an Estate Agent, they will normally ask you to use their preferred conveyancer, but you do NOT have to use them. It’s not unheard of for Estate Agents to get extra commission from referring their clients to their conveyancing solicitors, usually that commission is added to your Conveyancers fees. In the end you might end up paying more than you should have for the conveyancing work.
You’d be much better off comparing conveyancers and solicitors online with us. You could save hundreds from using our Grays Conveyancer comparison. When to know more visit: Should I use my Estate Agent’s recommended Conveyancer?
What is the normal costs for Conveyancing in Grays?
The fees you’ll have to fork out for a Conveyancer to manage your transfer depends if you are purchasing, selling or remortgaging. Conveyancing costs are normally around £850-£1,500 for residential properties. If the property you’re buying/selling is a Leasehold Property, the process will cost more (because there will be more work to do).
When purchasing, they will also carry out property searches and local authority searches, to check whether there might be some local issues or problems that will be detrimental to the homes value.
No Hidden Costs
When you receive online quotes for conveyancing, you should review the paperwork because there could be extra fees hidden in the agreements terms and conditions. Our recommended property conveyancers give expert legal advice in Grays and throughout Essex, and if you use our conveyancers there are no surprising extra fees at the end of your property transaction. If you compare Conveyancing quotes with us, the fees you’ll receive will be detailed, they include all the associated costs and include disbursements (for more info see: hidden costs in conveyancing quotes).
Leasehold Property Conveyancing Grays
A leasehold house or flat is when the purchaser buys the right to occupy a property for a specific length of time. Leasehold owners might be subject to the restrictive terms and conditions written in the “Lease”. The period of time acknowledged by the lease has a limit up to 999 years.
It is imperative that you use a knowledgeable Licensed Conveyancer that has loads of experience in completing Leasehold Sales. An experienced Conveyancing Solcitior will know all the types of pitfalls that do arise Leasehold Properties, for example:
1. the lawyer is required to confirm the length of time of the unexpired term left on the leasehold contract because almost all mortgage providers do not allow a mortgage if a lease that only has under 60 years left on them.
2. your leasehold conveyancer must check out the specific conditions and specifications in the lease contract that might effect the use, satisfaction and furtheralterations of the leasehold home.
Bare in mind that the legal cost on a leasehold property can be more expensive than on a normal freehold property (for more info see: leasehold conveyancing).
Grays Remortgage Solicitors
If you’re remortgaging your property in Grays, you’ll need a property lawyer to represent your case as well as your lenders interests. Mortgage lenders only let you use a remortgage property lawyer on their selected list of approved conveyancers and solicitors. Our carefully selected remortgage conveyancers for Grays are accepted by all mortgage lender panels. Our highly rated conveyancing solicitors have worked on thousands of remortgage transactions, they process the work fast to complete and hopefully make the process easy and stress free.
About Grays
Grays (or Grays Thurrock)[1] is the largest town in the borough and unitary authority of Thurrock in Essex and one of the Thurrock’s traditional (Church of England) parishes. The town is approximately 20 miles (32 km) to the east of London on the north bank of the River Thames, and 2 miles (3.2 km) east of the M25 motorway. Its economy is linked to Port of London industries, its own offices, retail and Lakeside, West Thurrock. Its diversely used riverside faces Broadness Lighthouse, Broadness Point, Swanscombe, Kent.
(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 Grays (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.
