Ashby de la Zouch

01530 639 031

Tamworth

01827 758 041

How much does it cost to buy a house?

 

Whether you are a first-time buyer or an investor, we are here to take the stress out of buying and selling residential property.


We will guide you through each step of your transaction and offer a service that that fits your exact requirements. Where necessary we can recommend other professionals such as Surveyors, IFA’s and property valuers.

 

At a time where money really matters, we always provide a quality service at a fair price. We will keep you up-to-date with all of the relevant information so you can make informed decisions and have complete confidence that every detail has been properly taken care of.

 

Why choose Fishers to help with freehold residential purchases?

We have an experienced team who understand the stress involved in buying, selling or re-mortgaging your property. Our approach is simple; we provide a first-class service from our expert team who make the difference by removing confusion and uncertainty, dealing with all of the legal details of a property transaction on your behalf.

 

Our team is made up of highly qualified Solicitors who have the legal and technical “know how” to resolve any issues as they arise in a professional and efficient manner. We understand that communication is key, so will make sure we are always available to answer your questions in plain English and ensure you are kept up-to-date with everything you need to know.

 

You will have the confidence that you are our priority, with our aim being that any member of the team is available to speak with you when you need some clarity and certainty at any stage in the process. We feel this provides reassurance and gives you an outlet for any concerns that you may have. Potentially this is the biggest investment of your life and we not only want to provide that first-class service, but value for money and no hidden fees.

 

We are proud to hold Lexcel and CQS Accreditations, issued by the Law Society. This involves the firm undergoing a rigorous audit process which ensures we maintain high levels of client care.

 

Pricing

 

The fees involved in any transaction are important and we review our fees on a regular basis, considering clients’ feedback so we can make sure we always offer the best value for your money.

 

We typically work on a fixed fee basis, ensuring that you know what the fees will be for your transaction from the outset. If, during the transaction, there is a new development, we will discuss the change in fees with you and agree a way forward.

 

Click here for an estimate of costs for your property purchase

 

Disbursements

 

Disbursements are costs related to your matter that are payable to third parties, such as Land Registry fees. We handle the payment of the disbursements on your behalf to ensure a smoother process.

 

These fees may be subject to change if further information relating to your property becomes available, for example, if you require additional searches such as a Water and Drainage Search, which typically costs £26.40.

 

Stamp Duty Land Tax

 

This will depend on the purchase price of your property. You can calculate the amount you will need to pay by using HMRC's website or if the property is located in Wales by using the Welsh Revenue Authority's website here.

 

Exclusions

 

We do not undertake tax advice.

 

Our fees are fixed, however there may be factors which would typically increase the cost of the fees estimated above. Where there is likely to be any additional cost, we will make sure you are informed of this at the earliest opportunity and a clear estimate of those extra costs will be provided.

 

Factors that may lead to an increase in cost include:

  • If a legal title is defective or part of the property is unregistered
  • If you discover building regulations or planning permission has not been obtained
  • If crucial documents, we have previously requested from you have not been provided to us
  • If the property is a new build If the property is less than 10 years old
  • If you require to exchange within 6 weeks of instructing us
  • If you require completion within 6 weeks of instructing us If you require simultaneous exchange and completion

 

Time Scales

 

For any transaction, the timescales are subject to change depending on when your offer is accepted and factors involved such as:

  • Number of parties in the chain Whether you have a mortgage in place
  • Whether you are buying a new build property
  • Whether you need a lease extension for a leasehold property

 

A typical transaction will take between 10-14 weeks. However, if any of the above apply, or there are other factors we need to take into consideration, it may increase the time by a further 4-6 weeks and additional charges may occur. We will discuss this with you at the earliest opportunity so you always have a clear picture of how long things are likely to take.

 

Key Milestones

 

With every transaction there are key milestones, which may vary according to individual circumstances. They may be as follows:

  • Taking your instructions and give initial advice based on the information you have provided
  • Checking finances are in place to fund the purchase and contacting the lender’s solicitors if needed
  • Receiving and advising on contract documents
  • Undertaking searches
  • Obtaining further planning documentation if required
  • Making any necessary enquiries of the seller’s solicitor
  • Providing advice on all documents and information received
  • Advising you of the mortgage offer conditions
  • Finalising contracts and sending to you for signature
  • Agreeing a completion date (the date from which you will legally own the property)
  • Exchanging contracts and notifying you that this has happened
  • Ensuring all monies have been received from you and the lender(s)
  • Completing the purchase
  • Dealing with payment of Stamp Duty/Land Tax
  • Completing and submitting an application for registration at the Land Registry
Home, Property & Land

Guide to your rights as a tenant - for students

Renting your first student flat or house is exciting, but you should understand your rights to avoid any problems. Read our guide:
Read Article
Home, Property & Land

I’m selling my house, what can I take?

When you sell your home, you will be asked to complete a Fixtures, Fittings & Contents information form, to ensure that it is clear between yourself and your buyer as to which items will be included or excluded from the sale of the property.
Read Article
Home, Property & Land

What’s it like? With Georgia Payne

Find out what’s it like for Georgia working in an office, studying at University, thinking about a career and looking into the glamorous world of YouTube.
Read Article
Home, Property & Land

Interview: Isabel's work experience

This week Isabel joined Fishers for work experience in our conveyancing department. Find out more from Isabel in this interview about her time with us, her future plans and some of her favourite holiday destinations.
Read Article
Home, Property & Land

Interview: The property market with Amanda Payne

Amanda Payne, discusses the housing market in its current climate, her advice for buyers and sellers and her predictions for what the market could look like in the future.
Read Article

 

 

HOW WE CAN HELP YOU?

HOW WE CAN HELP YOU?

Whatever your needs, assets or personal situation, we will listen to you and provide friendly and practical advice. Understanding your circumstances is the most important thing, so if you prefer to meet in person, by video link or something else - no matter where you are, we’re here to drive the change you need, or solve the problems you have.

Ask a Question Request a Callback Get a Quote

Latest News and Events

Business & Workplace

How to evict a commercial tenant

If you are a commercial landlord having difficulty with a tenant, read our quick guide to commercial eviction.
Read Article
Disputes & Claims

Can you claim compensation if you are injured skiing or snowboarding?

If you have been injured as a result of a skiing, snowboarding, or other snow sports accident, find out how to make a claim with our quick guide.
Read Article
Business & Workplace

Storm Arwen: Who is responsible for damage and loss in commercial properties?

If your rented commercial property has been damaged in a flood or storm, find out what your landlord must do when it comes to repairs.
Read Article
Family Law

Mistakes to avoid when negotiating a separation agreement

If you are separating from a partner, you may have considered a separation agreement. In our latest article, we set out common mistakes to avoid.
Read Article
Team Fishers

Meet our new Solicitor - Jonathan peck

Jon re-joins Fishers as a Dispute Resolution Solicitor, after leaving the firm a few years ago due to a long commute. Since flexible and home working came into play, Jon was delighted to 'come back home.'
Read Article
Disputes & Claims

Renting and repairs: My landlord won't fix the heating, what can I do?

Winter is the worst time to be left without heating in your home. If your landlord won’t make repairs, you can take action. Read our guide.
Read Article

Your employment rights as a 'Christmas temp'

If you have started a new role as a Christmas temp, make sure you understand your rights. Read our quick guide.
Read Article
    FISHERS SOLICITORS
Fishers is authorised and regulated by the Solicitors Regulation Authority, SRA number 48317. The Solicitors Code of Conduct can be found by clicking the logo.

 

 

Cookie Policy   |   Terms & Conditions   |   Privacy Policy   |   Sitemap

© 2022 Fishers Solicitors

Website Design Quiet Storm Solutions Ltd | Manage Cookie Settings