Conveyancing in Market Harborough
Conveyancing is the legal process a solicitor follows to ensures the proper transfer of property from one owner to another. If you're looking for a conveyancing solicitor in Market Harborough, you're in the right place. Get a fast & proactive solicitor from a nationwide panel of conveyancing experts.
We have helped Market Harborough and Harborough 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: Leicester, Lutterworth, Northampton and Oxford
Buying property in Market Harborough
A market town in Leicestershire, Market Harborough is known for its Market Harborough Museum, Welland Park, and the nearby Foxton Locks. Market Harborough has a railway station, providing links to Leicester and London St Pancras. Market Harborough has a population of approximately 22,000.
Council Tax in Market Harborough (2023/24)
Market Harborough is in Harborough District Council.
Band | Amount |
---|---|
A | £1,411.34 |
B | £1,646.56 |
C | £1,881.78 |
D | £2,117.01 |
E | £2,587.46 |
F | £3,057.90 |
G | £3,528.35 |
H | £4,234.02 |
What will my solicitor do?
The conveyancer handles all of the post-offer aspects of buying property. This means performing due diligence on the property purchase, like raising questions for the seller's solicitor, ordering property searches and handling the transfer of funds.
In addition to standard searches, Market Harborough conveyancing solicitors may also carry out searches related to former industry, including coal mining and textiles, and radon searches.
Buying a home with a mortgage?
Whether you are purchasing a second home or buying your first home, your solicitor must also complete legal work for the bank or building society that's giving you the mortgage. Lender panel approval means your solicitor is able to represent your chosen mortgage provider.
More than 100 banks and specialist lenders have approved our chosen partner solicitors. We can help you complete your Market Harborough transaction smoothly.
Read more:
Conveyancing for buying a property
Find out if our panel solicitors can act for your mortgage lender
We can assist home movers in Market Harborough with the legal work for:
When you purchase a property in a Market Harborough conservation area, your conveyancing solicitor will need to check for covenants and restrictions, e.g. planning restrictions, and area consents. Conservation areas in Market Harborough and across the Harborough local authority include Tur Langton, Medbourne, Market Harborough and Keyham.Conservation areas
New Build Conveyancing
The conveyancing for buying a new build home in Market Harborough can be more complex than that required to purchase a pre-owned property.
A conveyancing solicitor in Market Harborough will need to be qualified to handle things like handling structural guarantees, investigating issues with drains and roads that serve the property and checking new build warranties with warranty providers, including NHBC, Advantage HCI and Castle.
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Leasehold property
Buying a leasehold house or flat in the UK can be very involved. The many potential problems awaiting an uninformed purchaser can include legally technical issues like sinking fund issues and short leases.
Your solicitor 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
Selling property in Market Harborough
When selling homes in Market Harborough, your lawyer will compile key documents, including ID forms and the contract of sale.
Their duties entail answering the buyer's solicitor's questions and overcoming hurdles such as a planning issue.
In order to assure a smooth transfer of ownership, your lawyer will also work with all parties, such as agents, lenders and landlords.Does sale conveyancing take longer for leasehold?
Yes, that's correct, it can take considerably longer to carry out the legal work to sell leasehold properties, compared to freehold conveyancing.
The solicitor acting for the buyer must review this leasehold-related paperwork. These could include three years' filed accounts for the property management and a copy of the freehold property's buildings insurance. Delays are usually the result of the time needed by your solicitor to source this information.
Your conveyancing solicitor should commence this before a buyer has even been found, because this paperwork can take weeks to collect if the landlord or managing agent is slow or difficult to contact.
Read more:
Selling a leasehold flat? What to do before going on the market
Conveyancing for selling a property
Remortgage conveyancing in Market Harborough
The official base rate is 5.25% (17 January, 2025)
Before you appoint a solicitor to handle your remortgage, you should confirm that your solicitor is able to act for your chosen mortgage lender.
Our remortgage panel solicitors can work with 99% of all building societies and banks, so whether you are switching to an equity release mortgage from Metro Bank or moving to an interest only mortgage with Cynergy Bank, we can help you.
Read more:
Check our panel solicitors can act for your lender
Get a remortgage conveyancing quote
Transfer of equity
If you intend to change the ownership shares of your home, whether you are buying out an ex-spouse after a divorce, transferring the ownership of your home to your daughter, son or other family member or dealing with inheritance tax planning, a transfer of equity is required.
Your lawyer will handle all the required documentation and register the new interest at HM Land Registry for a low, fixed fee.
Read more:
Transfer of equity Stamp Duty calculator
Get a transfer of equity conveyancing quote
How much do conveyancing solicitors fees cost in Market Harborough?
Conveyancing fees
These fees are what your conveyancer charges you for the legal services they provide on your behalf. The conveyancing quote should clearly detail the legal fees, including VAT, that you'll pay when your transaction completes.
Disbursements (third party costs)
A disbursement is a cost that your conveyancer must pay to a third party for a tax or additional service. Third-party disbursements include Stamp Duty, property searches and a plan search.
Are the conveyancing fees fixed?
If you are comparing conveyancing quotes, double-check for additional fees or charges. Some solicitors' quotes include additional fees in their terms and conditions. This can mean a higher-than-expected final bill.