Conveyancing in Torbay
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're looking for a conveyancing solicitor in Torbay, you're in the right place. Get a fast & proactive solicitor from a nationwide panel of conveyancing experts.
We have years of experience helping homemovers in Torbay and throughout Devon 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.
Buying property in Torbay
The borough of Torbay in Devon includes Torquay, Paignton and Brixham. The main industry is tourism, although Brixham is a successful fishing port.
Torbay area has a wide range of affordable property available, including starter homes, chalets, family homes and retirement bungalows, plus several new housing developments. A planned regeneration of Torbay's waterfronts will see 500 new homes created including new apartments built on Torquay harbourside, plus new commercial premises in the 3 town centres.
Council Tax in Torbay (2023/24)
Band | Amount |
---|---|
A | £1,427.47 |
B | £1,665.38 |
C | £1,903.29 |
D | £2,141.20 |
E | £2,617.02 |
F | £3,092.84 |
G | £3,568.67 |
H | £4,282.40 |
What do Torbay conveyancing solicitors do?
The conveyancer will address all the legal details of the transaction. They will order property searches, raise questions for the seller's solicitor, review the lease (if applicable) and fulfil post-completion formalities, including registering the property ownership with the Land Registry and paying Stamp Duty.
In addition to standard searches, Torbay conveyancing solicitors may also carry out checks for issues related to flood risk, radon and tin mining searches.
Purchasing a property with a mortgage?
When you purchase a property, your solicitor must also handle some legal work for your lender.
If your conveyancer isn't accepted on your chosen lender's panel, it could take weeks longer to buy your house.
More than 100 banks and building societies have approved our chosen partner solicitors. We can help you complete your Torbay transaction without delay.
Read more:
Conveyancing for buying a property
Find out if our panel solicitors can act for your mortgage lender
We can also help home buyers in Torbay with the conveyancing for:
There are about 500,000 listed properties in England and Wales, and around 890 of which are in Torbay Council. Listed buildings in and near to Torbay include: Owning a listed building can be a challenge for the unwary. Examples of the duties faced by listed property owners include consent required for energy efficient alterations, and . Our expert conveyancing solicitor panel will explain to you the obligations imposed by listed property ownership. Read more:Listed buildings
Leasehold property
The vast majority of flats are leasehold. Although much less common, there are also around 1 million leasehold houses nationwide. Purchasing a leasehold home will usually take more time than a freehold property as there is more to prepare and the freeholder and/or managing agent are also involved.
Varied factors, such as absent freeholders or incomplete service charge accounts, can lead to serious delays.
Expert leasehold solicitors look after hundreds of leasehold clients every month. With specialist expertise there should be far fewer delays.
Selling property in Torbay
For the sale of homes in Torbay, the solicitor will arrange all the necessary documentation, such as the sale contract and assorted property information forms, and help you fill out this paperwork.
A seller's solicitor's duties include answering the buyer's solicitor's questions, addressing snags like lack of consent for alterations and redeeming the mortgage. In order to assure a smooth transfer of ownership, your conveyancing solicitor will coordinate with all parties, such as agents, managing agents and lenders.What do I need to know if selling a leasehold property in Torbay?
Conveyancing for a leasehold flat or house is a great deal more difficult in comparison with a freehold house.
The complex nature of leasehold property means that conveyancing solicitors in Torbay must undertake additional legal work, including collating the latest service charge and ground rent statement, through to looking into potential forfeiture proceedings.
In order to resolve any leasehold issues faster, It is recommended that you instruct a lawyer as soon as possible.
Conveyancing for selling a property
Remortgaging
The current Bank of England base rate is 4.5% (18 February, 2025)
Before you instruct, you should confirm that your solicitor is able to act for your lender.
We work with remortgage solicitors who are approved members of the majority of building societies and banks. Whether you are switching to a fixed rate mortgage from Yorkshire Building Society or taking out a guarantor mortgage from Chelsea Building Society, we can help.
Read more:
Check our panel solicitors can act for your mortgage lender
Get a remortgage conveyancing quote
Transferring Equity
Whether you are buying out a joint owner, estate planning or giving a property to a family member, you will need a solicitor who specialises in transfers of equity. Your property 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 Torbay?
Don't be surprised if some of the costs listed on a conveyancing quote seem unfamiliar.
Conveyancing solicitors fees
These legal fees are paid to your conveyancing solicitor for the work they carry out during your transaction. The quote will set out the legal fees (inc. VAT) that you pay when the property transaction is complete.
Conveyancing disbursements
Your quote should also list any disbursements, which are costs paid to third parties on your behalf, such as Local authority searches, Stamp Duty or TT fees.
Check for hidden costs
Some solicitors' quotes include additional fees in their terms and conditions. This can lead to a higher-than-expected final bill. If you are comparing quotes, make sure you question any charges not set out in your initial quote.