Conveyancing in Market Drayton
Conveyancing is the legal process of transferring a property from one person to another or the process of securing a mortgage. If you need a solicitor for conveyancing in Market Drayton, we can help you with fast & proactive conveyancing from a national panel of conveyancing specialists.
We have helped Market Drayton 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: Bridgnorth, Nantwich, Shrewsbury and Telford
Buying property in Market Drayton
A market town in Shropshire, Market Drayton is known for its Gingerbread Man statue, Festival Drayton Centre, and the nearby Tern Valley. Market Drayton is well-served by bus routes to Stoke-on-Trent. Market Drayton has a population of approximately 12,000.
Council Tax in Market Drayton (2023/24)
Market Drayton 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 will my solicitor do?
For the purchase of a house or flat, your property lawyer will handle the legal aspects of the transaction.
They will perform due diligence on the property, like raising questions for the seller's solicitor, arranging searches from entities including Shropshire UA and reviewing contracts of sale.
In addition to standard searches, Market Drayton conveyancing solicitors would also undertake mining searches due to historical coal, lead and copper mining.
Are you taking out a mortgage?
When you buy a house, your solicitor also needs to carry out some legal work for the lender.
Acceptance on a lender's panel means your solicitor can represent the interests of your bank.
Over 100 mortgage lenders have approved our chosen panel solicitors, so we can help you complete your Market Drayton transaction smoothly.
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 help buyers in Market Drayton with the conveyancing for:
When purchasing a property in a conservation area, your conveyancing solicitor will check for restrictions on how you can use the property, including rights of way or restrictions on property usage. Conservation areas in Market Drayton and across the Shropshire local authority include Shifnal Broadway, Diddlebury, Ludlow Steventon and Ditton Priors.Buying in a conservation area
Leasehold flats
Selling a leasehold property can be complex. The many potential traps awaiting the unsuspecting buyer can include legally technical issues like and marriage value issues.
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?
4.8 out of 5
When we factored in eveything that was included - this was the best quote we could find
Selling property in Market Drayton
For the sale of a Market Drayton property, the solicitor will prepare vital paperwork, such as the TA6 and TA10 property information forms and the sale contract.
The solicitor will handle questions from the buyer's side, address potential issues and handle the mortgage redemption.Your lawyer will communicate effectively with all parties, including estate agents and banks or building societies, to make sure your home move completes without delay.
What do I need to know if selling a leasehold property in Market Drayton?
The conveyancing process for a leasehold flat (leasehold houses are not common) is much more time-consuming than for a freehold property.
Leasehold complexity involves extra work on the part of conveyancing solicitors in Market Drayton, such as collating the latest service charge and ground rent statement, through to ascertaining if any excess payments are anticipated.
In order to resolve any leasehold problems faster, It is highly recommended that the vendor contact a Market Drayton conveyancing solicitor as soon as the property is marketed, if not before.
Conveyancing for selling a property
Remortgage in Market Drayton
Latest Bank of England base rate now at 5.25% (9 December, 2024)
Check your lawyer is on your bank or building society's panel before you instruct.
Quittance panel solicitors can work with 99% of all lenders. Whether you are changing to an offset mortgage with Bank of Ireland or taking out a home reversion mortgage from Birmingham Midshires, we can assist.
Read more:
Check our panel solicitors can act for your lender
Get a remortgage conveyancing quote
Transfer of equity in Market Drayton
If you need to make changes to the ownership of your home, whether you are inheritance tax planning, adding a new partner to your property's title or transferring the ownership of a property (in part or in full) to your children, 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 Market Drayton?
Solicitors' fees
The conveyancing quote should clearly detail the legal fees, including VAT, that you'll pay when your transaction completes. These fees are what your conveyancing solicitor charges you for the legal services they provide.
Disbursements (third party costs)
Disbursements are additional costs on top of your conveyancing solicitor's fees for third-party costs incurred on your behalf. Examples of disbursements include Local authority searches, Stamp Duty or a chancel liability search.
Is it a fixed fee quote?
Some firms list extra charges in their terms and conditions, leading to a final bill that is higher than the original quote. Beware of hidden charges not mentioned in the initial conveyancing quote, if you are comparing quotes.
