What are the conveyancing costs in Market Harborough?
The conveyancing costs are broken into two sections: the fixed fee you pay your solicitor, and the conveyancing disbursements (known as third-party costs). Here is a transparent breakdown of both costs for property transactions in your area.
1. Solicitor Legal Fees
At SAM Conveyancing, our fixed legal fees remain consistent nationwide, regardless of your property's location. We provide a guaranteed fixed fee for standard residential conveyancing based on your property's purchase price, its tenure (freehold or leasehold), and whether your transaction involves a mortgage or utilises affordable housing schemes such as shared ownership. Below are the current fixed conveyancing fees for a standard freehold valued at £250,000.
- Sale or Purchase: £748 INC VAT INC VAT (plus an additional £60 INC VAT if purchasing with a mortgage).
- Transfer of Equity: £399 INC VAT INC VAT
- Help to Buy Loan Repayment: £333 INC VAT INC VAT
- Shared Ownership Staircasing: £748 INC VAT INC VAT
- Remortgage: £399 INC VAT INC VAT
- Lease Extension: £720 INC VAT INC VAT
2. Conveyancing Disbursements (Third-Party Costs)
Disbursements are fixed third-party fees paid to external bodies (like local councils and HM Land Registry) to complete your legal paperwork. These costs shouldn't vary too much from solicitor to solicitor.
- Property Purchase Tax (SDLT / LTT): Calculated dynamically based on your purchase price, your buyer status (such as a first-time buyer), and whether the property is located in England or Wales.
- HM Land Registry Fee: Ranges from £20.00 to £1,105.00, scale-calculated dynamically based on your property’s purchase price and whether it is an existing registered property or a new build.
- Conveyancing Search Bundle: £325 INC VAT (Includes Local Authority, Water & Drainage & Environmental)
- Online ID Fee: Ranges from £15 to £48 and avoids having to send personal documents in the post or visit our office in order to prove your ID.
- Mortgage Portal Fee: The cost to download your mortgage offer and communicate with your lender. It is £12 if your mortgage lender uses the Lender Exchange portal, or £45 INC VAT if they use the LMS Portal.
Conveyancing search costs and turnaround for Market Harborough
Search Provider | Cost | Turnaround Time |
|---|---|---|
Search Provider Harborough District Council This is the local authority search, which is mandatory if you are obtaining a mortgage. | Cost £122.32 INC any VAT | Turnaround Time 5 Working Days |
Search Provider Anglian Water This is the Water & Drainage Search, which is mandatory if you are obtaining a mortgage. | Cost £83.40 INC VAT | Turnaround Time 1 to 2 working days |
Market Harborough Specific Searches |
| |
Why choose SAM Conveyancing Solicitors in Market Harborough?
We are a hand-selected panel of SRA-regulated solicitors who deliver to you the high standards we expect, and you'll have a member of the SAM team to guide you through the process from start to finish. Just 1 person you know by name can email or call directly and get your question answered on the same day (normally instantly).
Doing it our way, we've helped over 56,000 clients and gained all the experience from the different transactions. From pressurising agents to complex legal enquiries, and even overcoming issues with your mortgage lender. Our strap line is Property Challenges Solved because that is simply what we do, day in, day out.
Get in contact today and see from the very first call why we are the best conveyancing solicitors for a property transaction in Market Harborough.
Expert Tip: Check your environmental search
Certain geographic pockets around Market Harborough are located in Radon Affected Areas. Your conveyancer must order an environmental search that includes a radon assessment, and if necessary, negotiate a retention of funds to cover the installation of a radon ventilation system post-completion.
You can find this information in your environmental search purchased during the conveyancing process.
Partner & Conveyancing Solicitor
We're first-time-buyer friendly
86% of our purchase clients are First-Time Buyers, so we are hyper-attuned to what you need when buying your first home.
- We take the time to explain the process
- We offer tips on timescales
- We keep it real, never overpromising
Our Conveyancing Services
We can help with all of your conveyancing needs; simple to complex, and always affordable.
- Purchase
- Sale
- Transfer
- Remortgage
- Help to Buy Repayment
- Help to Buy Sale or Transfer
- Auction Sale or Purchase
- Shared Ownership Sale & Purchase
- Shared Ownership Staircasing
- Lease Extension
- Purchase of Freehold
- New Builds & Off-plan Purchases
- First Time Buyers
- Second Homes
- Buy to Let landlords
Fixed quote for our legal costs plus a budget-friendly breakdown of third-party disbursements.
Your sale or purchase is protected by our no sale, no fee guarantee.
Our panel solicitors are pre-approved to work with 99% of mortgage lenders in England & Wales.
Panel solicitors accredited by the Conveyancing Quality Scheme; regulated by the SRA.
Residential Conveyancing Solicitors in and around Market Harborough
Our Market Harborough conveyancing solicitors can help you with your conveyance locally or in any of the surrounding areas, including Corby, Leicester, Kettering, Northampton, Rugby, Coventry and Peterborough.
We have many offices throughout England and Wales, so you can find a solicitor near you.
- Shepherds Reach LE7 9XQ
- Charter Court NN14 6GS
- Kings Street NN6 7RP
- Manor Road NN6 0DU
- Madeline Close LE16 7HX
- Ten Locks Village (3, 4 & 5 bedroom houses) – Market Harborough LE16 8FL.
Developed by Avant Homes. 'Save up to £2,600 a year on your energy bills'.
Market Harborough Property Prices
Average property price in Market Harborough Source: lasted updated on | £370,590 |
What is the population of Market Harborough: Source: Office for National Statistics lasted updated in the 2021 Cencus | 22,911 (2011) |
Thinking of moving to Market Harborough?
Market Harborough is a market town in Leicestershire. The area used to be part of the Rockingham Forest, a former royal hunting ground used by monarchs, starting with William I, in medieval times. It has a history stretching back to Saxon times and was prominent in the English Civil War as the headquarters of the King's Army.
There was a considerable increase in building homes with bricks in the 18th century since they were previously built of mud, thatch and timber. Around this time, the town became a staging point for coach travel between London, the Midlands and the North West. Industry considerably developed in the 19th century, and the arrival of the Leicester-Rugby railway in 1840 (even though the town itself didn't get a station until 1850) marked the end of the coach travel industry. The centre of the town has been classified as a conservation area.
Landmarks and attractions include the Old Grammar School, built in 1614, St Dionysius Church, which dates back to the 14th century, The Old Town Hall, The Old Fire Station, Harborough Museum, the Foxton Locks (a sequence of 10 canal locks in two staircases each of 5 locks) and Gartree Prison.
St Luke's Hospital, 33 Leicester Rd, Market Harborough LE16 7BN
Market Harborough and District Hospital, 58 Coventry Road, Market Harborough, Leicestershire, LE16 9DD
Market Harborough Community Hospital, 33 Leicester Road Market Haborough Leicestershire LE16 7BN
Market Harborough lies on the A4304 and the A6 runs nearby; the M1 and M6 are also only a short distance away. Market Harborough has frequent direct services to a number of UK conurbations such as Leicester, Nottingham and Sheffield, while London St Pancras is only a 70 minutes journey away.
Distance to Airports from Market Harborough
| Airport | miles by car |
| East Midlands Airport | 29.8 miles |
| Nottingham Airport | 31.3 miles |
| Birmingham Airport | 34.9 miles |
Robert Smyth Academy, Burnmill Rd, Market Harborough LE16 7JG
Welland Park Academy, Welland Park Rd, Market Harborough LE16 9DR
Montsaye Academy, Greening Rd, Rothwell, Kettering NN14 6BB
Local conveyancing solicitor
Should I use a Licensed Conveyancer or Conveyancing Solicitor near me?
Solicitors are usually more expensive than a conveyancer, which is fine as long as they specialise in property transactions. It can be beneficial to choose a property lawyer in case of any specialist legal complications with your property transaction.
The best-of-both approach is to instruct a licensed conveyancing solicitor who employs some other conveyancing professionals to complete the simpler parts of the work under their supervision, at a lower rate.
This is how your work will be allocated at SAM, and part of how we keep your fee low.
Affordable Housing Schemes
Several affordable housing schemes in Market Harborough help make buying a property more achievable. The work is more complex, and we have specialist conveyancing solicitors to handle the following:
- Shared Ownership Solicitors
- Right to Buy Solicitors - speak to Harborough District Council to find out if you are eligible
- Discount Market Sale - check with Harborough District Council if they are running a DMS scheme
Market Harborough conveyancing solicitors
You can rest assured that you're in good hands with us. We hand select our panel for skill and experience, from a simple purchase to complex transactions with specialist ownership structures and deeds of trust.
Are you buying or selling a short lease in Market Harborough?
We have specialist leasehold conveyancing solicitors in to handle your sale & purchase of a leasehold property, as well as lease extensions and creation, sale, or purchase of a share-of-freehold property.
Due to the additional legal work surrounding the lease and terms, your quote will be calculated based on the tenure, so as long as you give us the correct details using the simple form above, this will be included in your fixed-fee leasehold conveyancing quote, not a surprise addition later on.
Look no further for your residential conveyancing solicitor in Market Harborough
Whatever your property challenge, we can solve it.
Selling a property
Your expert conveyancing solicitor's role when selling a property will include:
- Draft contracts – Your conveyancing solicitor drafts the initial legal contract to be sent to the buyer's solicitor.
- Responding to enquiries – your solicitor responds to any questions the buyer's solicitor may have (this is where you'll find out if you are missing documents, which can cause delays to your sale).
- Investigating issues – your solicitor may need to complete further investigation to try and satisfy them.
- Exchange contracts – once the buyer's solicitor has satisfied their enquiries, contracts are finalised and exchanged.
- On the day of completion – your solicitor receives the money for the sale, discharges the mortgage (if required), pays the estate agent, deducts their fee and then sends the net sale proceeds to you.
- Post completion – your solicitor receives the DS1 discharge documents and, when leasehold, settles your liabilities for ground rent and service charges.
Our conveyancing solicitors' cost for selling a property starts from £748 INC VAT.
Buying a home
- Draft contracts – Your solicitor reviews the draft contract sent by the seller's solicitor.
- Raising enquiries – your solicitor will ask the seller's solicitor questions based on the contract, title, and property documents to protect you from any nasty surprises.
- Exchange contracts – once your solicitor is satisfied with their enquiries, they agree with the seller to finalise and exchange contracts
- Day of completion – on the day of completion, your solicitor transfers the money for the sale.
- Post completion – following completion, your solicitor makes an application to HM Land Registry to register you as the new owner.
Our Market Harborough conveyancing solicitors' cost for buying a property starts from £748 INC VAT.
Add or remove someone from a property title
With a Transfer of Equity, you can buy someone out of a shared property and remove them from the title, or add someone to the title to transfer ownership of a share of the property, making them a joint owner. This service includes:
- Property solicitors' fees, including ID checks, office copies
- HM Land Registration fees
- (if party being removed) ID1 Form verification fee
- (if mortgage) Change of mortgage fee
- (if leasehold) Notice fee to freeholder
Our Market Harborough conveyancing solicitors' cost for a Transfer of Equity starts at £399 INC VAT.
If someone is giving up their share of the property for less than market value, they may be required to get independent legal advice, which will be an additional expense.
Switch your mortgage deal in Market Harborough
Your remortgage solicitor will perform all the necessary checks, review your new mortgage offer, and update HM Land Registry post-completion. The process is similar to when you purchase but should take less time, as the solicitor doesn't need to raise any legal enquiries.
If you own a leasehold property, your solicitor must carry out extra work to investigate the lease terms. Our conveyancing solicitors' cost for a remortgage in Market Harborough starts at £399 INC VAT.
Purchase the next chunk of your equity
When you're ready to buy the next chunk of the equity in your shared ownership property, a conveyancer will be required to handle:
- The bank transfer;
- obtaining a mortgage redemption statement from your existing lender;
- receiving your new mortgage offer and confirming the lender terms;
- receiving the memorandum of staircasing;
- handling completion;
- filing SDLT form (if required); and
- registration at the Land Registry.
Our conveyancing solicitors' cost for shared ownership staircasing in Market Harborough starts at £823 INC VAT.
If you need to add someone to the legal title, you will need to pay an additional fee for a transfer of equity.
Paying off your Help to Buy equity loan
You'll need a solicitor to:
- Receive redemption letter;
- review title for ownership and restrictions;
- obtain Authority to Complete;
- draft a deed of postponement for your current lender;
- handling completion;
- bank transfer; and
- if repaid in full, removal of the loan restriction at the Land Registry.
Our conveyancing solicitors' cost for Help to Buy loan redemption in Market Harborough starts at £333 INC VAT.
Price based on a freehold with the loan being repaid in full using savings.
Islamic finance solicitors
Specialists in Sharia-compliant conveyancing for Islamic mortgages.
- Can review, advise and negotiate with all Sharia Mortgage Lenders.
- Terms of the contract fully explained with confirmation of Sharia compliance and UK legal compliance.
- We can help with Ijara (Lease), Diminishing Musharaka (Reducing Partnership), and Murabaha (Cost-Plus Financing).
Conveyancing FAQs
What are the conveyancing costs?
Fees vary between online conveyancing solicitors, high street conveyancers or housing solicitors introduced by your estate agent.
The actual conveyancing costs, outside of the legal work, should be fixed, including:
For buyers: stamp duty, land registration, property searches, ID searches and leasehold charges (if buying a leasehold property).
For sellers: office copies, title plan and management information (if selling a leasehold property).
Make sure to budget for all of the above conveyancing costs and to get a fixed fee conveyancing quote from several firms, to compare value.
Making the right choice of solicitor is key to the whole process:
- Cheap Conveyancing
- Fast Conveyancing
- Best Conveyancing Service
Can your parents sell you a property at a discount?
It's perfectly legal for your parents or a close relative to sell you a property at a discount and if your mortgage lender is happy with the arrangement, they can regard the discount as effectively making up the deposit. This is called a concessionary purchase.
You need to be quite clear with your mortgage lender about your intentions and you should also be aware that the more distant the relationship with the seller, the more of a challenge you'll find it is to recruit a lender: you should consider hiring a mortgage broker to help you.
Additionally there may be restrictions regarding matters such as if you intend that the seller should continue living in the property – many lenders will not allow this.
