Conveyancing in Wells
Conveyancing describes the work a solicitor does to transfer the legal title of a property from a seller to a buyer. If you're looking for a conveyancing solicitor in Wells, you're in the right place. Get a fast & proactive solicitor from a nationwide panel of conveyancing experts.
We have helped clients in Wells and throughout Mendip with buying, selling, buy-to-let, Help to Buy, Right to Buy, shared ownership, new build, leasehold, lease extensions, remortgage and transfer of equity.
Buying property in Wells
A cathedral city in Somerset, Wells is the smallest city in England. It's known for its stunning Wells Cathedral, historic Bishop's Palace, and a variety of shops and eateries.
With good road links via the A39 and A371, Wells is well-connected to Bristol and Glastonbury. The city has a population of approximately 11,000.
Council Tax in Wells (2023/24)
Wells is in Mendip District Council.
What will my Wells solicitor do?
Your conveyancer plays a pivotal role in a purchase.
They will raise questions for the seller, order property searches, review contracts and handle post-completion tasks, including HMLR registration.
Wells conveyancing solicitors could also undertake a flood risk assessment.
Are you buying a home with a mortgage?
During the conveyancing process, your solicitor must also complete the legal work on behalf of your mortgage bank. Panel approval will mean your solicitor is able to represent your mortgage provider.
Over 100 building societies, banks and lenders have approved our chosen partner solicitors, so we can help you complete your Wells transaction smoothly.
Read more:
Conveyancing for buying a property
Find out if our panel solicitors can act for your mortgage lender
We can assist Wells buyers with conveyancing for:
When you buy a home in a conservation area, your solicitor or licensed conveyancer will check for potential planning breaches, including lapsed approvals, and replacement of original windows. Conservation areas in Wells and the Mendip local authority include Mells, Glastonbury, Street, Mendip Hospital and Butleigh.Buying a home in a conservation area
Somewhere in the region of 500,000 listed properties exist in England and Wales, 3,219 of which are in Mendip District Council. Wells listed buildings and properties include: Buying a listed building is not a decision to be taken lightly. Examples of the duties faced by listed property owners include maintenance of historic features, required consent for any alterations and an obligation to maintain and preserve the property to prevent deterioration. Our specialist panel of solicitors will clarify the commitments a listed building owner must make. Read more:Listed buildings
New Build Conveyancing
The conveyancing process for buying a new build property in Wells is often more involved than that for a pre-built and owned property.
A conveyancer in Wells must be able to deal with things like liaising with the builder's onsite sales team, verifying rights of access and checking new build warranties with warranty providers, including NHBC Buildmark, Advantage and Castle.
Read more:
Selling property in Wells
When selling a home in Wells, your conveyancing solicitor will prepare vital paperwork, including the title deeds and the various property information forms, and help you complete these forms. The lawyer will advise on enquiries sent by the buyer's conveyancer, resolve any potential issues and handle the mortgage redemption. Your lawyer will also coordinate with all parties, including agents, lenders and landlords, so your transfer of ownership completes without a hitch.
Does it take longer to sell a leasehold property?
Compared to freehold property, yes. Sale conveyancing for a leasehold property can take much longer.
The buyer's conveyancer must review several leasehold-related documents, including a copy of the freehold property's buildings insurance. The time needed by the solicitor to gather this paperwork is commonly the source of delays.
It can take weeks to collect this paperwork if the landlord or managing agent is slow or difficult to contact, so your conveyancing solicitor should start this process as soon as possible.
Read more:
Selling a leasehold flat? What to do before going on the market
Conveyancing for selling a property
Remortgage in Wells
The official base rate is 5.25% (17 January, 2025)
Before appointing a solicitor, verify your conveyancer is on your chosen mortgage lender's panel.
Our remortgage panel solicitors can work with 99% of all lenders, so whether you are switching to a 5-year fixed rate from Lloyds Bank or moving to a 10-year tracker rate with Buckinghamshire Building Society, our panel solicitors can guide you through the remortgage process.
Read more:
Check our panel solicitors can act for your lender
Get a remortgage conveyancing quote
Transferring Equity in Wells
If you are planning to make changes to the ownership of a property, whether you are inheritance tax (IHT) planning, transferring the ownership of a property (in part or in full) to your children or buying out the equity of a joint owner, you'll need to carry out a transfer of equity.
Your legal representative will complete the legal work for a fixed fee.
Read more:
Transfer of equity Stamp Duty calculator
Get a transfer of equity conveyancing quote
How much should I budget for conveyancing in Wells?
Conveyancing fees
These legal fees are paid to your conveyancer for the legal work that they complete during your transaction. Your conveyancing solicitor's quote should clearly detail the legal fees, including VAT, to be paid when the conveyancing transaction completes.
Disbursements
The quote will include necessary third-party costs, called disbursements, such as Stamp Duty and property searches.
Check for additional fees
Some solicitors' quotes include extra costs in the small print. This can lead to a higher-than-expected final bill. When you compare conveyancing quotes, watch out for additional charges.