Solicitors For Buying a House
Buying your first home, moving house, or adding a property to your portfolio is exciting. It can also be stressful with large financial stakes.
Or experienced property solicitors will support you through the purchase of your property. We’ll be with you every step of the way. From pre-contract through to completion, to ensure the process goes smoothly.
What’s the Process of Buying a Property?
It doesn’t matter if you’re:
- A first time buyer
- Moving up the property ladder, or
- Adding a property to your portfolio
At Rotheras, the process involves;
Instruct Us to Act On Your Behalf
When you instruct us to look after your property transactions, we’ll assign you a case manager. They will take your instructions and ask you complete the initial paperwork and various documents. These include:
- Proof of identity, such as a driving license or passport
- Proof of your current address, in the form of a council tax or utility bill
- Proof of funds, including up to recent bank statements and mortgage offer letter
Proof of insurance for the property you wish to buy (if you’re using a mortgage to fund the sale)
Advice on Property Surveys
There are different types of property surveys you can have done when buying a property. Their purpose is to identify any problems with the condition of the building before you legally commit yourself to the purchase.
The most common types of survey are;
- Home buyers report
- Condition report
- Home condition survey
- Building survey
These surveys vary in their comprehensiveness. The more comprehensive the report, like the building survey, the more expensive they are.
The type of survey you choose will depend on the age of the building and/or if there are any other areas of concern about its condition.
Contract and Title Documentation
The sellers solicitor is responsible for sending the Title to the house and drafting the contract and supporting documents to us.
When we receive the contract pack, we’ll raise any queries and provide you with an initial report. At this point, you’ll have the opportunity to go through the report and raise any questions.
Once your mortgage has been checked and approved, we’ll review the terms and advise you of your obligations to the lender.
We’ll advise you on which searches are relevant to your transaction. We’ll also provide you with a report on each search and offer advice on any further search that might be relevant.
Exchange of Contracts
Once everybody in the chain has signed their part of the contract, we can arrange a completion date.
At this point, we’ll request your deposit (if applicable). On exchange of contracts, the completion date is legally binding for all parties.
With the exchange of contracts complete, we’ll your mortgage funds, together with any other relevant fees.
This is your moving day. With all funds transferred and received, we’ll call you to confirm that you can collect the keys to your new property.
We’ll pay stamp duty and deal with Land Registry requirements . We’ll then provide you with a copy of the Title in your name.
Why Do I Need to Instruct a Solicitor to Help Me Buy a House?
You’re not legally obliged to use a solicitor when buying a house. So you could, in theory, do your own conveyancing.
However, in the UK, property is sold on the principle of ‘caveat emptor’ which means ‘buyer beware’. As the buyer, you are responsible for checking the quality and condition of the property you intend to buy.
Once you’ve agreed a price through the estate agent on the house you want to buy, there’s process that must be followed before the legal ownership of the property can be transferred to you. Searches need to be carried out, to make sure the property is in good order and contracts will need to be drafted and reviewed.
If you’re not qualified to do your own conveyancing, it could lead to;
- Significant delays to the process
- A complete collapse of the sale, and
- Substantial financial losses
Your conveyancing solicitor will follow this process and look after your best interests.
Can I Use the Same Property Solicitor For Buying and Selling?
Yes, you can.
In fact, if you’re selling a house and buying a new one, it’s a good idea to use the same solicitor. This way, they can act on both sides of the sale to make sure the process goes well.
What Are Rotheras Solicitor Fees When Buying a Property?
Buying a house can stressful, even when things are going well. That’s why we’re up front about our conveyancing fees.
From the very start, we’ll provide you will all the costs involved, including;
- Disbursements from third parties
- Search fees, and
- Stamp Duty
Freehold Sale or Purchase Fees
Our fees for a standard house purchase range from around£594 up to £3,000 including VAT. The simpler the transaction, the lower the fees.
Leasehold or Purchase Fees
Our fees for leasehold purchase range from around £780 to £2,500 including VAT. Again, the simpler the transaction, the lower the fees.
Mortgage and Re-mortgage Fees
These range from £480 – £780 including VAT.
How Long Does the Conveyancing Process Take?
On average, a property sale will take 6-12 weeks to complete. Although each transaction is different, so the length of time can vary depending on;
- How long searches take to complete
- Mortgage offers
- Other parties in the chain, and
- The complexity of the transaction
At Rotheras, we understand the importance of dealing with property transactions. After all, it’s your future family home. That’s why we always strive to complete your purchase as quickly as possible.
What Is Stamp Duty Land Tax? And How Much Will I Have to Pay?
Stamp duty is a tax which you might have to pay when you buy a house or piece of land.
- You’re a first time buyer, you’ll qualify for First Time Buyer’s Relief. This means you won’t pay stamp duty on properties costing up to £300,000. You’ll also get a discounted rate on properties costing up to £500,000.
- You’re not a first time buyer, you’ll pay Stamp Duty Land tax on properties costing more than £125,000. The percentage you pay will depend on the cost of the property.
- You’re buying a second home, you’ll pay an extra 3% on properties costing more than £40,000.
The table below show you how much you’ll pay.
|Purchase Price||Stamp Duty %||Additional Property Rate|
|£0 – £125,000||2%||3%|
|£125,000 – £250,000||2%||5%|
|£250,000 – £925,000||5%||8%|
|£925,000 – £1,500,000||12%||15%|
If you’re buying your next house for £300,000, you’ll pay:
- Nothing on the portion up to £125,000
- 2% on the portion between £125,001 and £250,000 and
- 5% on the remaining £50,000
Why Should I Use Rotheras When Buying a House?
Our property and conveyancing team is made up of experienced solicitors who deliver a reliable service. We aim to make the process of buying your house as quick and as painless as possible.
Once you’ve instructed our conveyancing team, we’ll assign you with a dedicated team member. They will look after your transaction from the very beginning through to completion. You’ll get their direct phone number and email address and we’re flexible about how we work with you. If you prefer face to face meetings, email or phone communication, we can help.
We speak in plain English and we’ll keep you up to date at each step of the transaction. If any issues arise, like a dispute for example, we’ll deal with it on your behalf, to get a quick resolution.
Our fees are transparent, competitive and laid upfront so you won’t be surprised later on.
Send us a message
“We explain costs clearly – so there’s no hidden surprises”
Head of Conveyancing
"Impressive group with expertise in both matrimonial finance cases and children matters. A strong childcare team handles cases involving physical and emotional abuse, as well as fatalities. Well versed in matters with international aspects, Hague Convention cases, as well as adoption and guardianship issues.
Chambers UK, 2018
Anton Balkitis frequently represents the operators of both goods and passenger vehicles in court proceedings. Clients remark: "He has a commercial understanding of real-life issues and will always provide a balanced view
Chambers UK, 2019
Impressive group with expertise in both matrimonial finance cases and children matters. A strong childcare team handles cases involving physical and emotional abuse, as well as fatalities. Well versed in matters with international aspects, Hague Convention cases, as well as adoption and guardianship issues.
Chambers UK, 2018
Chris Powell at Rotheras was recommended to us by a trusted associate within the Transport Industry; without doubt we wouldn’t have had the excellent outcome we did without his and his team’s involvement. The level of professionalism, expert advice and assistance was faultless; we felt reassured and well informed throughout the whole process. It was a pleasure to do business with him and would highly recommend his services!
Julian Brindley - John Brindley Ltd
The team at Rotheras, and Mr Powell in particular, have provided us with an outstanding service. We are extremely grateful for the help and support they gave us in dealing with issues relating to our transport operations and our goods vehicle operators licence. Mr Powell was professional, knowledgable, efficient and effective. He quickly understood our business and the problem we had. He responded with sensible advice and acted quickly on our behalf to resolve the matter. I cannot thank him enough for his help and I would recommend Mr Powell, and the Rotheras team, without hesitation. I am extremely grateful for the help they gave us.
Richard Hitchcock - Hitchcock & King
I would highly recommend James Briggs, solicitor at Rotheras. He has been extremely helpful, patient and thorough whilst helping me with affairs following the death of my husband. Even during lockdown (covid) he maintained communication and kept me informed of what was happening. He successfully achieved the outcome I needed and I would not hesitate to recommend him.
We are in the middle of launching our own packaging agency and contacted Rotheras for some professional legal advice with regards to contracts. After an initial call with Billy, he made it clear what we needed and asked plenty of questions to understand what it was we needed. He was very responsive to our questions, whether it be over the phone or via emails and made the process really simple. We had little experience in this area so it was fantastic to work with Billy, who explained everything concisely. We were also really pleased with the quick turnaround and great value offered. Would thoroughly recommend working with Rotheras.
Tom Burden, Director of Rightbox Ltd
Billy understood our requirement from the get go and really nailed down on what we needed in our commercial agency agreement. Billy kept us informed every step of the way and showed great professionalism. We would recommend his services to any start-up business who is in need of legal advice and guidance with commercial contracts.
Axl Barber, Sales Director of Rightbox Ltd
I was extremely pleased with the service that Kerry provided in order to sell my mothers house. Good, prompt communication and all questions dealt with or answered as requested. Consequently I would recommend yours services to others.
Anton has substantial experience acting for commercial goods hauliers and other transport operators. He advises on a range of contentious issues including operator licence, maintenance and tachograph matters, with a wealth of experience acting in public inquiries before Traffic Commissioners."Anton is a highly informed and personable lawyer.
Chambers UK, 2020
Chris Powell focuses his practice on road transport issues, regularly representing haulage, transport and logistics companies. He has considerable experience in regulatory matters involving operator licences and compliance failings, as well as more serious criminal investigations relating to fraud.
Chambers UK, 2020
Dear Sally, I can’t thank you enough for today! You took the pressure off me and I felt so looked after and understood everything that was happening. Thank you so much!
Michelle Young is a residential property specialist and heads up the residential property team at Nottingham-based law firm Rotheras Solicitors.
Lucy Pettitt has amassed over 12 years of experience in all aspects of Conveyancing.
Emily Weston is as a Senior Associate Solicitor in the Residential Conveyancing team and is based primarily at our Beeston office.
Laura Smith is a Licensed Conveyancer in the residential property department at Rotheras Solicitors and is based at our Lace Market Office.
Kerry Brown is a residential property specialist at Nottingham-based law firm Rotheras Solicitors.
Jo Goddard has over 20 years experience specialising in all aspects of residential conveyancing and regularly acts for clients on sales, purchases, remortgages and transfers of equity and is part of one of the largest conveyancing teams across the East Midlands.
Kerry Redfern is a residential property specialist at Nottingham-based law firm Rotheras Solicitors.
Joanne Derbyshire is a Solicitor in Rotheras’ conveyancing department and is based at our Beeston office.
Sally is our first point of contact for any new conveyancing enquiries that come in to the department and provides a bespoke quoting service for prospective clients, estate agents and other referrers of work.
Penelope Baird is a Paralegal in Rotheras residential conveyancing department and is based at our Beeston office.
Vicki Ettles is a Paralegal in the residential conveyancing department at Rotheras and is based at our Lace Market office.
Grace Millward is a Paralegal in Rotheras Residential Conveyancing department and is based at the Beeston office.
Hollie Moore is a Senior Paralegal in the Conveyancing department.
Ellie Robinson is a Senior Paralegal in the residential conveyancing department at Rotheras and is based at our West Bridgford office.
Lucy Dixon is a Paralegal in Rotheras’ Conveyancing department and is based at our Beeston branch.
Sophie Lydon is a Paralegal in Rotheras’ Conveyancing department and is based at our Lace Market office in the heart of Nottingham city centre.
Joanna Merriman in Associate Solicitor in our Conveyancing department. Joanna is based at our Head Office in the Lace Market.
Safina Metcalfe is a Paralegal based within our Residential Conveyancing department. Safina is based at our Head Office in the Lace Market.
Shelby Richardson is a Senior Paralegal in Rotheras’ Conveyancing department and is based at our West Bridgford branch.
We’re Recruiting: Telephone Receptionist
An opportunity has arisen to join our team as a Telephone Receptionist. This person will be the first point of contact for all inbound telephone enquiries.
We are looking for a friendly and cheery person who has excellent communication skills. You will be dealing with clients on the telephone, taking messages and passing calls on to other members of staff.
The role is full-time, 9am to 5pm Monday to Friday, and can be based at our office in The Lace Market in Nottingham or at home or a mixture of the two (hybrid working).
Posted on 10/01/2022
A Short Guide to Meeting Your Responsibilities as an External Transport Manager
It is not easy being an External Transport Manager. You have the same responsibilities as a full-time in-house Transport Manager however you might only be contracted for a handful of hours a week in the case of a single vehicle operator. Even for a diligent External Transport Manager it can be difficult to exercise continuous and effective control when you may only see the vehicles you are responsible for a few hours a week.
This guide is intended to be a short, no-nonsense crib sheet for External Transport Managers. It is by no means comprehensive, but it does flag up some of the more common issues that can ultimately lead to problems with the Traffic Commissioner.
Posted on 24/11/2021