Conveyancing in Ludlow
Conveyancing is the legal process involved when ownership of a property is transferred from the seller to the buyer. If you need a solicitor for conveyancing in Ludlow, we can help you with fast & proactive conveyancing from a national panel of conveyancing specialists.
We have helped Ludlow and Shropshire 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: Market Drayton, Oswestry, Shrewsbury and Telford
Buying property in Ludlow
A market town in Shropshire, Ludlow is known for its Ludlow Castle, Ludlow Food Festival, and the nearby Mortimer Forest. Ludlow has a railway station, providing links to Hereford and Shrewsbury. Ludlow has a population of approximately 10,000.
Council Tax in Ludlow (2023/24)
Ludlow is in Shropshire Council.
Band | Amount |
---|---|
A | £1,400.44 |
B | £1,633.85 |
C | £1,867.25 |
D | £2,100.66 |
E | £2,567.47 |
F | £3,034.29 |
G | £3,501.10 |
H | £4,201.32 |
What do Ludlow conveyancing solicitors do?
For the purchase of a house or flat, your solicitor will take care of the technical side of buying a home.
Your lawyer will perform required due diligence, including raising enquires, local authority searches (e.g. from Shropshire UA), ensuring necessary funds are correctly transferred and completing the registration of your ownership with HM Land Registry.
In addition to standard searches, Ludlow conveyancing solicitors may undertake mining searches due to historical coal, lead and copper mining.
Purchasing a property with a mortgage?
When buying a home with a mortgage, it is a requirement for your solicitor to also act for your bank or building society.
Acceptance on a lender's panel will mean your solicitor can act for your bank.
Over 100 lenders have approved our chosen panel solicitors, so we can help you complete your Ludlow transaction without delay.
Read more:
Conveyancing for buying a property
Find out if our panel solicitors can act for your mortgage lender
We can assist buyers in Ludlow with the conveyancing for:
When you purchase a house or flat in a conservation area, your conveyancer will check for potential planning issues, which could include obligations towards property maintenance or an unapproved loft conversion. Conservation areas in Ludlow and the Shropshire local authority include Cleobury Mortimer, Neenton, Wem, Dhustone and Alveley.Buying a house or flat in a conservation area
Leasehold property
Purchasing a leasehold flat in the UK can be complex. The many potential problems awaiting an uninformed purchaser can include legally technical issues like undisclosed major works and unfair clauses in the lease.
An experienced leasehold conveyancer will look into all potential issues with the lease and report back to you.
Read more:
What you need to know about buying a leasehold property
Should I be wary of buying a leasehold house?
Should I buy a property with a short lease?
Selling a property in Ludlow
For the sale of a Ludlow house or flat, your conveyancer will prepare vital paperwork, such as the contract of sale and property information forms, and will help you answer these forms.
The solicitor's duties entail responding to enquiries from the buyer's solicitor, sorting out potential snags and handling the mortgage redemption. The solicitor will also liaise with key parties, including estate agents, landlords and lenders, to confirm that the sale completes quickly.Does the conveyancing for selling leasehold take longer?
Yes, it can take much longer to conduct the conveyancing to sell a leasehold home, compared to the sale of a freehold property.
The solicitor acting for the buyer will expect to see 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. Delays are usually caused by the time needed by the seller's conveyancer to get these documents together.
The solicitor should get this underway as soon as possible, as this paperwork can take a long time to gather if it is difficult to contact the managing agent.
Read more:
Selling a leasehold flat? What to do before going on the market
Conveyancing for selling a property
Remortgage conveyancing
The Bank of England's current base rate is 5.25% (22 January, 2025)
Before appointing a solicitor, check your solicitor is on your chosen mortgage lender's panel.
We work with remortgage solicitors who can work with 99% of all building societies and banks. Whether you are changing to a 25-year mortgage with Bank of Scotland or moving to a home reversion mortgage with Birmingham Midshires, we can help your remortgage complete quickly.
Read more:
Check our panel solicitors can act for your lender
Get a remortgage conveyancing quote
Transferring Equity
Whether you are transferring the ownership of your property to a child, buying out a co-owner or dealing with inheritance tax planning, a transfer of equity is required.
Your property lawyer will deal with the legal work for a fixed fee.
Read more:
Transfer of equity Stamp Duty calculator
Get a transfer of equity conveyancing quote
How much does conveyancing cost in Ludlow?
Conveyancing fees
These legal fees are paid to your conveyancing solicitor for the legal work that they complete on your behalf. Your solicitor's quote will set out the legal fees (inc. VAT) that you'll pay when your transaction completes.
Disbursements (third party costs)
Your conveyancing quote should also itemise required third-party costs, or disbursements, including Stamp Duty Land Tax (SDLT), HM Land Registry fees and property searches.
Read the terms and conditions
Watch out for undisclosed fees not included in your original quote, if you are comparing conveyancing quotes. Some solicitors' quotes may set out extra costs in the small print. This can mean an inflated final bill.