Conveyancing in Leicester
Handling the legal aspects of a property transaction, including registering the transfer of ownership, is referred to as conveyancing. If you need a solicitor for conveyancing in Leicester, we can help you with fast & proactive conveyancing from a national panel of conveyancing specialists.
We have years of experience helping homemovers in Leicester and throughout Leicestershire handle their sale, purchase, buy-to-let, Help to Buy, Right to Buy, shared ownership, new build, leasehold, lease extensions, remortgage and transfer of equity.
Other areas covered: Coalville, Hinckley, Melton Mowbray and Wigston
Buying property in Leicester
A large city in Leicestershire in the East Midlands, Leicester is known for its National Space Centre, King Richard III Visitor Centre, and the nearby Bradgate Park. The M1 runs through the city, and Leicester has fast rail links to both London and Nottingham. Leicester has a population of approximately 350,000.
Council Tax in Leicester (2023/24)
Band | Amount |
---|---|
A | £1,457.01 |
B | £1,699.85 |
C | £1,942.68 |
D | £2,185.52 |
E | £2,671.19 |
F | £3,156.86 |
G | £3,642.53 |
H | £4,371.04 |
What do conveyancing solicitors do?
In a property purchase, the conveyancing solicitor will address all the legal details of transferring ownership from the seller to the buyer.
They will raise questions for the seller's solicitor, order property searches, review the contract of sale and complete any post-sale actions, including paying SDLT.
In addition to standard searches, Leicester conveyancing solicitors may carry out searches related to former industry, including coal mining and textiles, and radon searches.
Are you funding your home purchase with a mortgage?
During the conveyancing process, your solicitor must also complete the legal work on behalf of your bank or building society.
Your transaction could take weeks longer to complete if your solicitor is not on your bank or building society's panel.
More than 100 mortgage lenders have approved our chosen panel lawyers. We can help you complete your Leicester transaction smoothly.
Read more:
Conveyancing for buying a property
Find out if our panel solicitors can act for your mortgage lender
We can assist Leicester home buyers with the legal work for:
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You will need shared ownership conveyancing, when purchasing a share in a house or flat from a housing association. Shared ownership conveyancing is more complex, as all properties are leasehold. If you need conveyancing to purchase a shared ownership property, or for staircasing, our panel of specialist solicitors can assist you with every aspect of the purchase process.Purchasing a Shared Ownership house or flat
New Build
The conveyancing process for acquiring a new build property in Leicester can be more complex than that required to purchase a pre-owned property.
A property lawyer in Leicester must be able to deal with things like handling deposits, ensuring that the contract is in the buyer's favour and working with warranty providers such as NHBC Buildmark, Advantage HCI and Global Home Warranties.
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Selling a house or flat in Leicester
For the sale of a home in Leicester, your conveyancer will arrange all the necessary documentation, such as the contract of sale and assorted property information forms, and help you fill out this paperwork.
They will reply to the buyer's solicitor's inquiries, resolve any potential issues and handle the mortgage redemption.
By taking steps to liaise with key parties, including agents, managing agents and lenders, your solicitor will ensure the home move is completed successfully.
Does the conveyancing for selling leasehold take longer?
Yes, that's correct, it can take considerably longer to carry out the conveyancing on a leasehold house or flat when compared to conveyancing on a freehold house.
The buyer's conveyancer will expect to see these documents, including a copy of the freehold property's buildings insurance. The time it takes to source this information is usually the cause of these delays.
It could take several weeks to collect this information if the landlord or managing agent is slow or difficult to contact, so your lawyer ought to start this process as soon as possible.
Read more:
Selling a leasehold flat? What to do before going on the market
Conveyancing for selling a property
Remortgaging
The current Bank of England base rate is 5.25% (22 January, 2025)
Before instructing, your solicitor must be able to act for your mortgage lender.
Our partner panel solicitors can act for over 100 mortgage lenders, so whether you are changing to an offset mortgage with Santander or taking out a 10-year tracker rate from Aldermore Bank, we can help you.
Read more:
Find out if our panel solicitors can act for your lender
Get a remortgage conveyancing quote
Leicester Transfer of equity
If you intend to make changes to the ownership of a property, whether you are gifting a share of a property, buying out an ex-spouse after a divorce or inheritance tax (IHT) planning, you'll need to carry out a transfer of equity. Your legal representative will complete the process for a guaranteed fixed fee.
Read more:
Transfer of equity Stamp Duty calculator
Get a transfer of equity conveyancing quote
How much are solicitors' conveyancing fees in Leicester?
You can get an online conveyancing quote in minutes, but making sense of what you actually be paying can be a challenge.
Legal fees
The conveyancing quote should clearly detail the legal fees, including VAT, to be paid when the conveyancing transaction completes. Conveyancing fees are paid to your solicitor for the legal work that they complete during your property transaction.
Disbursements (third party costs)
Your conveyancing quote should also itemise required third-party costs, or disbursements, such as Local authority searches, Stamp Duty or a leasehold information pack.
Is it a fixed fee quote?
If you are comparing quotes, beware of hidden fees or extra charges. Some firms may include additional charges in the small print. This can lead to an inflated final bill.