Residential sales

Selling residential property

Buying and selling your home, whether it is a freehold house or a leasehold flat is one of the most costly complex and risk filled transactions you are ever likely to undertake.  It is important to instruct skilled professionals to undertake this process for you. At Hudgell and Partners your matter will be handled by a qualified solicitor. You will be able to contact your conveyancing solicitor directly by phone or by email. As well as being Lexcel accredited (the Law Society’s practice Management standard) Hudgell and Partners also hold the Conveyancing Quality Scheme accreditation. We are on the panels of most high street lenders and the solicitors who will handle your matter have extensive experience in conveyancing and property law.

We offer the following service when acting on a Sale for you:

  • Drafting the contract to sell your property
  • Checking your title and raising any issues with you
  • Answering  the queries raised by the buyers’ solicitor including obtaining documents
  • Corresponding with your lender where necessary and obtaining a redemption figure
  • Finalising the contract and arranging your signature 
  • Exchanging contracts and arrange completion
  • Preparing a financial statement for you
  • Settling any mortgage and estate agents’ fees and accounting to you with the sale proceeds

 

The matter normally takes between 3 and 6 months to complete.

 

Please note that it is sometimes difficult to predict what problems will arise when you undertake a conveyancing transaction. Although our quoted fees will cover most of the time that we expend on your behalf it does not cover every eventuality. Our fees for a purchase or sale do not include dealing with any second mortgage or drafting deeds of covenant, trust, easement, lease extension or variation, power of attorney or licence to assign. Additional fees will also apply to the transfer of share of freehold arrangements, help to buy schemes and other ancillary services that may be required for your purchase. A list of the most common additional services that we are asked to undertake and the estimated cost of them is on this page. We will obtain your consent before incurring any additional expense.  Please be aware that if you are obtaining a mortgage then your lender may require us to incur an additional expense and we will advise you if this happens.

Use the Hudgell & Partners’ online conveyancing calculator to work out how much your legal fees will be for buying and selling a property.  In addition to your legal fees we will have to pay other sums on your behalf for carrying out searches, paying stamp duty land tax (where necessary) and paying Land Registry and other fees, known as “Disbursements”, which are detailed below.

Disbursements on a Sale

Copy title deeds £6.00 per title plus £11.00 to obtain a copy of any lease.

On the sale of a leasehold property a fee is payable to your landlord or their agent to obtain a leasehold information pack. This fee is normally between £100.00 and £300.00.

  • Click here if you are selling a property
Key Stages
Likely timescale
Obtaining instructions and identification evidence
1 week
Checking title and issuing draft contract to buyer’s solicitor
1 week
Answering enquiries from buyer’s solicitor
Freehold: 1 to 3 weeks
Leasehold: 1 to 5 weeks
Arranging for contract to be signed
1 week
Arranging completion, obtaining any necessary mortgage balance and preparing financial statement
1 to 2 weeks