Conveyancing in Loughborough
Conveyancing is the legal process of transferring ownership of property from one person to another, including the preparation and execution of the legal documents, and the registration of the new ownership. If you need a solicitor for conveyancing in Loughborough, we can help you with fast & proactive conveyancing from a national panel of conveyancing specialists.
We have helped Loughborough and Charnwood 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: Derby, Hinckley, Leicester and Nottingham
Buying property in Loughborough
A town in Leicestershire, Loughborough is known for its Loughborough University, Great Central Railway, and the nearby Beacon Hill. Loughborough has a railway station, providing links to Leicester and Nottingham. Loughborough has a population of approximately 60,000.
Council Tax in Loughborough (2023/24)
Loughborough is in Charnwood Borough Council.
| Band | Amount |
|---|---|
| A | £1,412.46 |
| B | £1,647.87 |
| C | £1,883.28 |
| D | £2,118.69 |
| E | £2,589.51 |
| F | £3,060.33 |
| G | £3,531.15 |
| H | £4,237.38 |
What does a Loughborough conveyancing solicitor do?
Your lawyer plays a pivotal role in a property purchase.
Your solicitor will raise questions for the seller's solicitor, order searches, review contracts and take care of tasks after the sale, like paying Stamp Duty Land Tax.
Further to the standard checks and searches, Loughborough conveyancing solicitors could also undertake searches related to former industry, including coal mining and textiles, and radon gas.
Are you funding your home purchase with a mortgage?
If you are buying a home with a mortgage, your solicitor will investigate the property to confirm that the property is worth the loan that your mortgage lender will provide.
If your conveyancer is not on your bank or building society's panel, your purchase could take weeks longer to complete.
Our chosen partner solicitors have established relationships with the majority of building societies, banks and lenders, such as major banks like Barclays, to smaller lenders like Cambridge Building Society and Cynergy Bank - so you can complete your purchase without delay.
Read more:
Conveyancing for buying a property
Find out if our panel solicitors can act for your mortgage lender
Approved by over 100 more
We can also assist home movers in Loughborough with the conveyancing for:
There are more than half a million listed buildings across the country, and around 820 of which are in Charnwood Borough Council. Listed buildings in and near to Loughborough include: Owning a listed building can be a challenge for the unwary. Our specialist panel of property solicitors will clarify the legal duties your ownership will impose. Examples include maintenance of historic features, and consent for additions like satellite dishes or external lighting. Read more:Buying a listed building
4.8 out of 5
When we factored in eveything that was included - this was the best quote we could find
Selling property in Loughborough
When selling a house or flat in Loughborough, your solicitor will prepare vital paperwork, including the title deeds and assorted property information forms, and will help you answer these forms.
Their duties entail responding to the buyer's solicitor's enquiries, handling obstacles like a lack of planning permission and taking charge of the mortgage redemption.
The solicitor will coordinate with all stakeholders, including agents, managing agents and lenders, to confirm that the sale of your property completes without delay.
I am selling a leasehold property in Loughborough - what do I need to know?
Conveyancing for a leasehold property is much more involved than for a freehold house.
The complexities of leasehold mean conveyancing solicitors in Loughborough must carry out additional work, including obtaining an up-to-date service charge statement, through to details of historical insurance claims.
In order to resolve any leasehold difficulties faster, It is strongly advised that you instruct a lawyer as soon as is practicable.
Conveyancing for selling a property
Remortgaging
The base interest rate is 5.25% (8 October, 2024)
Before you appoint a solicitor to handle your remortgage, verify your remortgage solicitor's lender panel membership.
We work with remortgage solicitors who are on the panels of almost all mortgage lenders. Whether you are switching to a 2-year fixed rate from Bank of Scotland or moving to a home reversion mortgage with Birmingham Midshires, we can help.
Read more:
Find out if our panel solicitors can act for your lender
Get a remortgage conveyancing quote
Transferring Equity in Loughborough
If you want to restructure the ownership of your property, whether you are resolving joint ownership, tax planning for the future or gifting a home, you will need to transfer equity. Your conveyancer will complete all the necessary paperwork for a fixed fee.
Read more:
Transfer of equity Stamp Duty calculator
Get a transfer of equity conveyancing quote
Conveyancing costs in Loughborough: What to expect
Conveyancing fees
Your conveyancing solicitor's quote should clearly detail the legal fees, including VAT, that you pay when the property transaction is complete. These fees are what your solicitor or conveyancer charges you for the work they complete during your property transaction.
Disbursements
The conveyancing quote should also include any disbursements, which are third-party costs, including Stamp Duty and Land Registry fees.
Check for additional fees
When you compare conveyancing quotes, beware of hidden fees or extra charges. Some solicitors' quotes may include additional charges in their terms and conditions, resulting in a total cost that's much higher than the initial quote.
