MG Legal, Fully Qualified Conveyancing Solicitors in Preston. The team that puts you first. Contact us to speak to a solicitor today: 01772 783314 or email at: property@mglegal.co.uk
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Conveyancing Solicitors in Preston:
Our team of conveyancing solicitors in Preston has a wealth of experience in all aspects of Property Law. Whether you are buying, selling or transferring the equity in property, be it commercial or residential, our conveyancing solicitors are on hand to help.
MG legal has been awarded the Law Society's accreditation for excellence in Conveyancing practice for the last 8 years running, as well as being rated expert-recommended best Property Solicitors on threebestrated.
Our conveyancing solicitors in Preston are, without a doubt, the most groundbreaking firm in the area, with a name that is synonymous with excellent service.
How can our Conveyancing Solicitors in Preston help you today?
Buying or selling a property is widely regarded as one of the most stressful times in a person's life. Trust us when we say, that it needn't be. To put your mind at rest, all of our expert conveyancing solicitors in Preston are available for face-to-face meetings throughout all stages of your property transaction. If you have a question or query, then from 8am to 6pm (most weekdays), we are at your assistance. With years of experience dealing with property matters, there's also not a lot our conveyancing solicitors in Preston haven't dealt with in their time.
Based on our clients' sterling feedback, our conveyancing solicitors receive most of their instruction through recommendation. Get in touch for a no-obligation initial consultation with one of our conveyancing solicitors in Preston. After-hours appointments are available, subject to request, and remember, all of our legal fees are fixed, so you know exactly what, and when, you will be asked to pay.
If you are buying or selling property in Preston, or even thinking of buying or selling property in Preston, you need to contact our team for a fixed-fee quote. Our Conveyancing Solicitors in Preston will give you a first-class service.
Read our Conveyancing Solicitors' Articles
- Selling Part of Your Land: A Guide to Land Registry Requirements and Conveyancing in England and Wales Posted on 23rd March 2024 at 19:24
- Common Legal Questions: Selling a Property Posted on 23rd March 2024 at 17:37
- Navigating Property Sales in the UK: Process and Timescales Posted on 22nd March 2024 at 18:11
- What are Exchange and Completion in the Conveyancing Process? Posted on 21st March 2024 at 18:25
- What are Panel Solicitors for Mortgage Lenders? Posted on 21st March 2024 at 16:19
Selling a property with our conveyancing solicitors in Preston:
It can be hard to know where to start when it comes to selling a property, and working with a conveyancing solicitor in Preston, as there can be many different factors involved and things to consider.
Here at MG Legal, our expert team of property conveyancing solicitors in Preston deal with residential sales on a daily basis, across the Preston and Lancashire area, and are on hand to guide you through the process, making the whole property selling process as stress free for you as possible.
Simply get in touch with us, here, to learn more on our fixed-fee services, and why our conveyancing solicitors in Preston are the team for you.
Buying a property with our conveyancing solicitors in Preston:
Whether it's your dream home, an investment property, or your first home, MG Legal’s team of expert conveyancing solicitors in Preston have got you covered.
Our expert conveyancing solicitors in Preston deal in all aspects of residential purchases, and are on hand to assist you throughout the property buying process, with clear fixed-fees and friendly, no-nonsense advice.
When you get in touch with MG Legal's property conveyancing solicitors in Preston, we'll get you moving in no time.
Why choose MG Legal's Conveyancing Solicitors in Preston?
Transparent fees.
Excellent communication.
We are the experts.
Multiple Office Locations.
Which areas do your Conveyancing solicitors in Preston cover?
With offices in Longridge, and Garstang, Preston, our conveyancing solicitors cover Preston PR1, PR2, PR3 and PR4, through to the Preston PR6 and PR7 postcodes of Chorley, and Preston PR25 and PR26 postcodes of Leyland.
If you are in a rush, and have a deadline looming, then it is not unusual for our Conveyancing Solicitors in Preston to drop documentation off at your home address, or to stay a bit later in the office, to wait for you to drop off those all-important documents.
Click here for a quote, call the office on 01772 783314, or email property@mglegal.co.uk and we will get you moving.
Find out more about Conveyancing
Conveyancing FAQs
When selling a house, you need to engage a conveyancing olicitor to handle the legal aspects of selling a property. Here's why:
1. Legal Expertise: Conveyancing Solicitors have the necessary legal expertise to navigate the complex legal requirements involved in the transfer of property ownership. They can help ensure that the sale complies with local laws and regulations.
2. Contract Management: They are responsible for preparing and managing the sale contract, including any special conditions that need to be included. This ensures that your rights are protected and that you are meeting all your legal obligations.
3. Searches and Checks: Conveyancers conduct various searches and checks on the property, which might be required by law or necessary to inform the buyer of certain details about the property. These can include title searches, checking for outstanding mortgages, and ensuring there are no charges against the property.
4. Liaison: They act as a liaison between you and the buyer, via the buyer's conveyancing solicitor, helping to negotiate terms, manage the exchange of contracts, and arrange the final settlement. This can significantly reduce the stress of selling a property.
5. Money Transfer: They handle the financial transaction, ensuring that the payment process is conducted securely and that the funds are correctly transferred.
6. Legal Filing: Conveyancers take care of the legal paperwork and filings required to formally transfer the ownership of the property.
Mistakes in the conveyancing process can lead to delays, additional costs, or even legal issues after the sale. Therefore, it is essential to instruct a qualified, CQS accredited Conveyancing Solicitor in Preston to handle your Conveyancing sale.
Yes, when buying a house, you must have an expert Conveyancing Solicitor to assist. Having a conveyancer on your side offers several benefits throughout the purchasing process:
1. Legal Expertise: A conveyancer has the legal expertise to guide you through the property buying process, ensuring that all legal requirements are met. This includes understanding complex legal jargon and ensuring that the contract protects your interests.
2. Property Searches: Conveyancers conduct various necessary property searches and checks to uncover any issues that might affect the property's value or your ability to use it as intended. These can include title searches, planning restrictions, environmental searches, and title enquiries.
3. Contract Review: They review and negotiate the terms of the sale contract on your behalf, making sure that all the conditions are favorable and fair to you.
4. Liaison: Your conveyancing solicitor will liaise with the seller's conveyancer, real estate agents, and other parties involved in the transaction to ensure smooth communication and progress towards completion.
5. Financial Transactions: They handle the financial aspects of the purchase, including the transfer of funds to the seller, ensuring that your money is securely handled.
6. Legal Filing: Conveyancers take care of the necessary legal filings and paperwork to transfer the property's ownership to you, including registering your ownership with the appropriate local authorities.
7. Advice and Support: Throughout the process, they can offer valuable advice on any issues that arise, helping you to make informed decisions.
Given the significant financial and legal implications of buying a property, having a Conveyancing Solicitor ensures that your interests are protected, and helps to avoid potential pitfalls.
When buying a house, our Conveyancing Solicitors would always recommend having a survey carried out. However, having a survey done is not typically a requirement for the seller. Here's a breakdown of considerations regarding surveys and selling a house:
1. Buyer's Responsibility:*In many cases, the decision to have a survey conducted falls on the buyer. A buyer might choose to have a survey done to understand the condition of the property better before finalising the purchase. This is particularly common if the buyer is taking out a mortgage, as the lender may require a survey to ensure the property is a suitable security for the loan. Although, often lenders will carry out their own valuation, known as a mortgage valuation.
2. Types of Surveys: Surveys can range from basic valuations, which are often required by mortgage lenders, to full structural surveys that provide a detailed assessment of the property's condition, including any repairs or maintenance that may be needed. The type of survey a buyer chooses will depend on their needs and the property's age, type, and apparent condition.
3. Seller's Disclosure: While you might not be required to commission a survey as a seller, you are generally expected to disclose any known issues with the property. This can include structural problems, issues with damp, or any other significant defects. Failure to disclose known issues can lead to legal complications after the sale.
4. Pre-Sale Survey: Some sellers choose to have a survey conducted before putting the house on the market. This can help identify any potential issues that could affect the sale price or lead to negotiations down the line. Addressing these issues beforehand or setting a price that reflects the property's condition can make the selling process smoother.
5. Market Expectations: In some markets or for certain types of properties, having a recent survey available can be a selling point. It can reassure potential buyers about the condition of the property and potentially speed up the sale process.
Ultimately, while not usually required, deciding whether to have a survey done when selling a house can depend on strategic considerations. It's about balancing the cost and effort of conducting a survey against the potential benefits in terms of attracting buyers and facilitating a smooth sale.
The conveyancing process can vary significantly in duration, depending on a range of factors including the complexity of the transaction, the efficiency of the parties involved, and any legal or financial issues that may arise. On average, the conveyancing process for buying or selling a property can take anywhere from 8 to 12 weeks from the acceptance of the offer to completion, but it's not uncommon for it to take longer.
Several factors can influence the length of the conveyancing process:
1. Chain of Transactions: If the purchase or sale is part of a chain (where several linked transactions need to complete for yours to proceed), delays in any part of the chain can impact the overall timeline.
2. Mortgage Approval: The time it takes for the buyer to receive mortgage approval can vary and significantly affect the timeline.
3. Searches and Surveys: The time required to complete property searches and surveys can vary, especially if issues are identified that need further investigation.
4. Legal Issues: Discovering problems with the property's title, boundary disputes, or other legal issues can cause delays while these issues are resolved.
5. Communication and Efficiency: The speed at which parties communicate and process necessary paperwork can also affect the timeline. Delays can occur if any party in the process (buyers, sellers, conveyancers, or mortgage lenders) is slow to respond or process information.
6. Market Conditions: During periods of high demand, conveyancers, surveyors, and mortgage lenders may be busier than usual, which can lead to longer processing times.
7. Local Authority Searches: The time it takes for local authorities to return searches can vary significantly across different regions, potentially causing delays.
While it's important to aim for a swift conveyancing process to reduce stress and uncertainty, it's equally important to ensure that all necessary checks and procedures are completed thoroughly to avoid future problems. Both buyers and sellers can help speed up the process by promptly providing any requested information and staying in regular communication with their conveyancer.
Using a local solicitor for conveyancing has its advantages, especially in terms of local knowledge and ease of communication, but it's not always necessary. Whether you should use a local solicitor depends on your specific needs and preferences. Here are some factors to consider when making your decision:
Advantages of Using a Local Solicitor
1.Local Knowledge: A local solicitor is likely to have a good understanding of local property laws, regulations, and any unique issues that might affect properties in the area. This can be particularly useful for dealing with local planning permissions, understanding local development plans, or identifying any local issues that might affect the conveyancing process.
2. Personal Service: Working with a local solicitor can make it easier to have face-to-face meetings, which some people prefer for discussing complex legal matters. This can enhance communication and provide a more personalised service.
3. Local Connections: Local solicitors may have established relationships with local estate agents, surveyors, and other professionals involved in the property market. These connections can sometimes facilitate a smoother transaction.
Considerations for Non-Local Solicitors
1. Convenience and Accessibility: Modern technology has made it easier to communicate effectively without the need for face-to-face meetings. Many conveyancing transactions are now handled online or over the phone, allowing you to choose a solicitor based on factors other than location.
2. Cost: Sometimes, solicitors located in areas with a lower cost of living can offer more competitive rates than those based in more expensive locales. Shopping around can help you find the best value for your needs.
3. Specialisation: If your conveyancing needs involve complex legal issues, finding a solicitor who specialises in that area might be more important than choosing one based on location. Specialised knowledge can be crucial for certain types of property transactions.
The decision to use a local solicitor for conveyancing should be based on your personal preferences, the complexity of your transaction, and how you prefer to communicate with your solicitor. While local knowledge and the convenience of face-to-face meetings are significant advantages, the flexibility and potential cost savings of using non-local solicitors are also worth considering. Ultimately, the quality of service, reputation, and your comfort level with the solicitor should be key factors in your decision.
The cost of hiring a conveyancing solicitor can vary widely depending on several factors, including the complexity of the property transaction, the location of the property, whether you're buying or selling (or both), and the solicitor's fee structure. Here's a general overview of how conveyancing fees might be structured and the factors that can affect the overall cost:
Fee Structures
1. Fixed Fee: Many conveyancing solicitors offer a fixed-fee service, which means you'll pay a predetermined amount regardless of how complicated the transaction becomes. This can provide certainty over costs but confirm what is included in the fixed fee.
2. Hourly Rate: Some solicitors charge by the hour for their services. This can potentially become expensive if the transaction requires a lot of work, leading to unpredictability in the final bill.
3. Percentage of the Property Price: Although less common, some conveyancers charge a fee that is a percentage of the property's sale or purchase price. This fee structure is more likely to be used for very high-value properties.
Typical Costs
- Buying: Fees for buying a property can range from £850 to £1,500 + VAT, depending on the property's price and the transaction's complexity. This does not include disbursements (additional costs such as search fees, land registry fees, etc.). MG Legal's fees for buying start from as low as £595 plus VAT, increasing depending on the complexity of the transaction.
- Selling: Fees for selling are generally slightly lower, ranging from £750 to £1,300 + VAT, as the process involves fewer searches and legal checks compared to buying. MG Legal's fees for buying start from as low as £495 plus VAT, increasing depending on the complexity of the transaction.
Disbursements
On top of the conveyancing solicitor's fees, you'll also need to budget for disbursements, which are additional costs incurred during the conveyancing process. These can include:
- Search Fees: Costs for local authority searches, environmental searches, and other necessary checks. These can range from £250 to £450. MG Legal's fee bundle is typically £239 for the North West properties, increding in value in other areas of the country.
- Land Registry Fees: Fees for registering the property with the Land Registry. This varies depending on the property's price, ranging from £20 to £910.
- Bank Transfer Fees: Fee for transferring the purchase funds, usually around £20-£30.
- Anti-Money Laundering Checks: Fees for carrying out identity verification checks, usually around £6-£20 per person. MG Legal's fee is fixed at £6.00 per person, including VAT.
It's important to get detailed quotes from several Conveyancing Solicitors before deciding, ensuring you understand what is included in their fee and what additional disbursements might be expected. Also, consider the level of service and the reputation of the solicitor or conveyancer, as the cheapest option is not always the best choice for a smooth and successful property transaction.
Contact Our Conveyancing Solicitors in Preston Today:
Or give us a call on 01772 783314
Clear, fixed-fees
Fully-Qualified Conveyancing Solicitors in Preston
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Multiple Office Locations
Decades of Experience