Conveyancing Service

 

Ewan & Co Solicitors LLP specialise in all aspects of Residential Conveyancing. Whether you are buying or selling your home, simply re-mortgaging or transferring equity, you need conveyancing solicitors to help you avoid the pitfalls. Our friendly and professional Property Solicitors and support staff will guide you through the process of selling and/or buying your property so you can carry on with the other aspects of your life.

 

Our team of residential property lawyers are available at our offices in Hampstead. Between them they have considerable expertise in the local property market in London and have developed proactive relationships with local estate agents to ensure the best possible service for you.

 

We are committed to providing a comprehensive, quality service. We believe it is important that our clients have the peace of mind knowing their property transaction is being handled expertly and with a personal service, providing you with value for money.

 

Our team are experienced in dealing with property transactions both locally and nationally and have particular expertise in:​

 

Sales and purchases of both freehold and leasehold residential property

Leases of commercial property including assignments and surrenders

Bridging Finance

New build property

Buy to Let

Transfers of part

High Value and complex transactions

Right to Buy

Transfer of Equity

Mortgages and Re-mortgages

Joint Ownership and Declarations of Trust

Easements

 

We provide an exceptional level of customer service to our clients and by combining high-level expertise, state of the art case management systems, online search facilities and desktop banking, we are able to progress your transaction quickly and efficiently, providing a great value for money service. We pride ourselves on the fact that a large number of our clients are those who have used us time and time again and our client feedback and testimonials reflect this.

 

We have secured membership to the Law Society’s Conveyancing Quality Scheme (CQS), the mark of excellence for the home buying process. We continually undergo rigorous assessment by the Law Society in order to maintain CQS status, which marks us out as meeting high standards in the residential conveyancing process.

 

For further information on any of our residential property services, or to make an appointment for an informal first discussion, please call us on +44 (0) 20 7794 1447 or simply click here to get in touch.

Meeting your needs for your home

Our refreshing approach is designed to best serve our clients. We focus our efforts on ensuring property deals go through:

• on time
• on budget
• with utmost contractual security
• without last minute delays or complications

We act on behalf of businesses, developers, homeowners, and landlords, taking care of the entire conveyancing process.

You can be sure that we are always thinking ahead. We know what our clients need from us:

• wise legal counsel protecting their interests
• nimble negotiating skills
• a commercially – minded approach to their transactions

Large or small, we can add real value to any project.

CONTACT US TODAY

If you would like a fixed price quote for our Legal Fee then please make contact with Matthew Elash on 020 7794 1447 ([email protected]) in our Hampstead Office.

Conveyancing Costs

Ewan & Co Solicitors LLP is accredited with the Law Society’s Conveyancing Quality Scheme kitemark and endeavour to provide a professional and efficient legal service to individuals who instruct us to handle residential property transactions (such as sales, purchases or linked sales and purchases). We do not offer different levels of service depending upon the legal fee charged.  For example, we do not offer an online only service, or a service with a capped number of telephone discussions within a set price.  We charge what we believe to be a fair and proper fee to reflect the bespoke and tailored service that we provide.

Ewan & Co Solicitors LLP are independent and neither pay nor accept referral fees.

Our Residential Property Team is headed by Matthew Elash, a Partner.  A member of the Team would handle your matter, normally from beginning to the end under the supervision of a Partner.  

LEGAL FEES

1.    We set a minimum Legal Fee of:

·         £1,000 plus VAT in acting for you in a sale or purchase transaction;

·         £1,500 plus VAT in acting for you in any new build purchase;

·         £850 plus VAT in acting for you in any refinance transaction;

·         £1,250 plus VAT in acting for you in any bridging finance transaction

·         £1,450 plus VAT in acting for you in any equity release transactions.

2.    If you are buying with the aid of a mortgage, we will charge an additional Legal Fee of at least £250 plus VAT if we are instructed to act for the bank. However, if the bank is separately represented, our Legal Fee may be more depending on the lender’s solicitors’ requirements that we are to satisfy.

3.    If you are buying with the aid of a Help to Buy mortgage, we will charge an additional Legal Fee of at least £500 plus VAT.

4.    We charge a bank transfer fee of £35 plus VAT for transferring funds on completion or to redeem a mortgage.

5.    We do not price match any estimates you may be given by other service providers.

DISBURSEMENTS

Stamp Duty Land Tax

Stamp Duty Land Tax may be payable on some transactions, to include property purchases and lease extension.  The amount of tax will depend on various factors including the premium paid.  You can check the amount of tax payable on the Government’s website using the following link:  https://www.gov.uk/stamp-duty-land-tax/residential-property-rates, or if the property is located in Wales by using the Welsh Revenue Authority website https://beta.gov.wales/land-transaction-tax-calculator

Land Registry registration fee

The Land Registry charges a fee for dealing with the registration of your purchase.  This is based on the value of the transaction.  You can use the following link to calculate the fee:  http://landregistry.data.gov.uk/fees-calculator.html

Property Searches

For a purchase or re-finance transaction, property searches to include Official Local Authority Search, Drainage and Water Search, Chancel Check Report and Environmental Search will need to be obtained.  The cost of the search pack will usually be between £270 to £500 and are charged direct by the search provider.

Bankruptcy Search

If your transaction involves mortgage finance, we are required by the lender to carry out a bankruptcy search against your name.  The search must be carried out against all variations of your name e.g. (1) John Michael Smith and (2) John Smith.

Land Registry Priority Search

On a purchase or refinance transaction a pre-completion priority search will be carried out.

ASSUMPTIONS

When calculating our Legal Fee it is assumed that:

1.    The transaction is concluded in a timely manner and no unforeseen complication arise, such as (but not limited to), a defect in title which requires remedying prior to completion or the preparation of additional documents ancillary to the main transaction;

2.    Where you are buying / selling a leasehold property, it is the assignment of an existing lease and is not the grant of a new lease;

3.    all parties to the transaction are co-operative and there is no unreasonable delay from third parties providing documentation;

4.    no indemnity policies are required. Additional disbursements may apply if indemnity policies are required.

STAGES OF THE TRANSACTION

Set out below are some of the key stages involved in different types of transactions.  These will, of course, vary depending on the transaction and are a guide only.

Purchase

·         Obtaining your instructions and ID documents;

·         Checking that your finance arrangements are in hand and obtaining source of funds;

·         Receiving contract pack from the seller’s solicitor;

·         Undertaking investigation on title to include obtaining property searches and reviewing the seller’s solicitor’s sales pack;

·         Raising pre-contract enquiries;

·         Negotiating and finalising the wording for the Contract:

·         Reporting to you.

·         With regard to your mortgage (if applicable):

·         Receiving your lender’s instructions and mortgage offer and reviewing the same;

·         Dealing with your lender’s requirements;

·         Reporting to you on the terms of the mortgage documents;

·         Reporting to your lender;

·         Requesting funds;

·         Carrying out pre-completion searches;

·         Drafting the Transfer Deed;

·         Completing your Stamp Duty Land Tax Return, submitting the same to HMRC and paying the tax due;

·         Registering both the Transfer and Mortgage at the Land Registry.

Sale

·         Obtaining your instructions, ID documents and completed property information forms;

·         Obtaining title documents from the Land Registry;

·         Drafting the contract for sale;

·         Putting together a sales pack to send to the buyer’s solicitor;

·         Receiving and dealing with pre-contract enquiries;

·         Negotiating and finalising the wording for the contract;

·         Exchange of contracts;

·         Approving the draft Transfer Deed;

·         Dealing with replies to requisitions on title;

·         Applying for a redemption statement (if applicable);

·         Completing the sale;

·         Dealing with redemption and discharge of any existing charges at the Land Registry.

Refinance

·         Obtaining your instructions and ID documents;

·         Undertaking investigation on title to include obtaining property searches;

·         Obtaining information in relation to the property from you;

·         Obtaining management information in relation to the property;

·         Receiving your lender’s instructions and mortgage offer and reviewing the same;

·         Dealing with your lender’s requirements;

·         Reporting to you on the terms of the mortgage documents;

·         Reporting to your lender and requesting the mortgage advance;

·         Carrying out pre-completion searches;

·         Registering the bank’s Mortgage at the Land Registry;

·         Redeeming and discharging any existing mortgages registered against the property.