Conveyancing in Banstead
Conveyancing is the legal transfer of a property from a seller to a buyer. handled by a solicitor or licenced conveyancer. If you're looking for a conveyancing solicitor in Banstead, you're in the right place. Get a fast & proactive solicitor from a nationwide panel of conveyancing experts.
We have helped Banstead and Reigate and Banstead clients with buying, selling, buy-to-let, Help to Buy, Right to Buy, shared ownership, new build, leasehold, lease extensions, remortgage and transfer of equity.
Other areas covered: Epsom, Reigate and Wallington
Buying property in Banstead
A town in Surrey, Banstead is known for its thriving local community, high street shops, and its nearby open countryside. It is a short distance from London and offers a quiet, suburban lifestyle. Banstead has a population of approximately 8,800.
Council Tax in Banstead (2023/24)
Banstead is in Reigate and Banstead Borough Council.
| Band | Amount |
|---|---|
| A | £1,496.20 |
| B | £1,745.56 |
| C | £1,994.93 |
| D | £2,244.30 |
| E | £2,743.03 |
| F | £3,241.77 |
| G | £3,740.50 |
| H | £4,488.60 |
What do Banstead conveyancing solicitors do?
A conveyancer or solicitor plays an essential role during a property purchase, and helps you with the legal aspect of buying a property. Your solicitor will order property searches, raise enquires of the seller's solicitor, review the contract of sale and take care of tasks after the sale, like HMLR registration and paying SDLT.
Banstead conveyancing solicitors could also undertake checks for issues affecting high-value listed buildings and properties within green belt areas.
Are you buying a property with a mortgage?
As part of the house buying process, your solicitor also has to handle legal due diligence on behalf of the bank or building society that's giving you the mortgage. If your conveyancer is not on your chosen lender's panel, your purchase could take weeks longer and incur the cost of an additional solicitor to act for the lender.
Our chosen partner solicitors have established relationships with the majority of banks and specialist lenders, helping to ensure your transaction completes faster.
Read more:
Conveyancing for buying a property
Find out if our panel solicitors can act for your mortgage lender
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We can also assist home buyers in Banstead with the conveyancing for:
When you buy a flat or house in a conservation area, your property lawyer will need to check for covenants and restrictions, e.g. noise level restrictions or a breach of the conservation area 'Article 4 Directions'. Conservation areas in Banstead and across the Reigate and Banstead local authority include:Conservation area
Roughly half a million listed buildings exist in England and Wales, and around 480 of which are in Reigate and Banstead Borough Council. Banstead listed buildings include: Buying and owning a listed building can be a lot more complicated. Our specialist panel of solicitors will offer guidance on what commitments you are making as a listed building owner. Examples include regular upkeep, consent for additions like satellite dishes or external lighting and an obligation to maintain the property's surroundings in a manner consistent with its historic character. Read more:Buying a listed building
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Selling property in Banstead
When you're looking to sell a Banstead property, you can expect your conveyancer to first compile key documents, including the draft contract and the TA6 and TA10 property information forms, and help you complete these forms.
The conveyancer will respond to inquiries from the buyer's solicitor, resolve any potential issues and redeem the existing mortgage.
By taking steps to coordinate with all stakeholders, including estate agents, landlords and lenders, your conveyancing solicitor will ensure the move is completed without incident.
Does a leasehold property take longer to sell?
Yes. The conveyancing for selling a leasehold home typically takes longer.
The buyer's conveyancer must review this leasehold-related paperwork. These could include a current statement of service charges and a copy of buildings insurance for the common parts of the property. The time required by the seller's conveyancer to gather this paperwork is commonly the source of delays.
It could take several weeks to collect the managing agent's information if it is difficult to contact the agent responsible for managing the property or they are slow to respond, so the solicitor ought to start this process even before you have found a buyer.
Read more:
Selling a leasehold flat? What to do before going on the market
Conveyancing for selling a property
Remortgaging a property in Banstead
Latest Bank of England base rate now at 5.25% (9 December, 2024)
Check your bank or building society's legal panel includes your conveyancer before you instruct.
Our remortgage panel solicitors can act for over 100 lenders. Whether you are switching to a standard variable rate mortgage from Barclays Bank or taking out a variable rate mortgage from Birmingham Midshires, our panel solicitors will make the process as simple and stress-free as possible.
Read more:
Find out if our panel solicitors can act for your lender
Get a remortgage conveyancing quote
Transferring Equity in Banstead
Whether you are gifting a home, adding a new partner to your property's title or dealing with inheritance tax planning, you will need to transfer equity. Your legal representative will complete the process for a fixed fee.
Read more:
Transfer of equity Stamp Duty calculator
Get a transfer of equity conveyancing quote
How much are solicitors' conveyancing fees in Banstead?
What is and is not included in an online conveyancing quote isn't always clear at first glance.
Conveyancing legal fees
These fees are paid to your conveyancer for the legal work that they complete for you. Your conveyancing solicitor's quote will set out the legal fees (inc. VAT) that you'll pay when your transaction completes.
Disbursements
A disbursement is a cost that your conveyancer must pay to a third party for a tax or additional service. Examples of disbursements include Stamp Duty and Land Registry fees.
Check what's included in your quote
When you compare conveyancing quotes, watch out for undisclosed fees missing from the original quote. Some firms may include additional charges in the small print, resulting in a total cost that's much higher than the initial quote.
