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The Woodland Davies Partnership.
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Offices at:
Hay on Wye 01497 820406
Brecon 01874 624422
Hereford 01432 353727

Property
The Property Department at Woodland Davies has substantial local and national experience which enables than to help you through your property transaction whether you are a first time buyer, a property magnate or anything in between.
 
Our commercial expertise assures you of a hassle free transaction whether you are a fledgling business or a multinational conglomerate. 

At Woodland Davies we aim to provide a fast and efficient first class service during which we will proactively progress your transaction with minimal fuss or frustration.

We were among the first practices nationally and were the first practice in Herefordshire to be awarded the Conveyancing Quality Award from the Law Society. Quality of service has always been our driving force and we could not be more pleased to have been recognised following a rigorous assessment process.

Pricing

Purchasing a Residential Property

Our fees cover all of the work required to complete the purchase of your new home, including acting on behalf of your lender, dealing with registration at the Land Registry and dealing with the payment of Land Transaction Tax (Land Tax), if the property you wish to buy is in Wales or Stamp Duty Land Tax (Stamp Duty) if the property is in England.

Conveyancer's fees and disbursements (all amounts include VAT where appropriate):

Our legal fees depending on the value of the property

£660 to £3,000

Supplement for leasehold / shared ownership / New Build / Help to Buy Properties

£240

Search Fees

£170 to £280 (typically less than £200)

HM Land Registry Fee

Variable depending on value.

Electronic money transfer fee

£30

Disbursements are costs related to your matter that are payable to third parties, such as Land Registry fees. We handle the payment of the disbursements on your behalf to ensure a smoother process.

The amount of Land Transaction Tax or Stamp Duty you will pay depends on the purchase price of your property. You can calculate the amount you will need to pay if the property is located in Wales by using the Welsh Revenue Authority's website or by using HMRC's website if the Property is located in England.

We will be happy to provide a bespoke quote over the telephone, in writing or by email if you would like to contact us with your particular requirements.

Leasehold Purchases

There are usually additional anticipated disbursements that arise when you are buying a leasehold property as follows:
  • Notice of Transfer fee – This fee if chargeable is set out in the lease. Often the fee is between £50 and £200.
  • Notice of Charge fee (if the property is to be mortgaged) – This fee is set out in the lease. Often the fee is between £50 and £200.
  • Deed of Covenant fee – This fee is provided by the management company for the property and can be difficult to estimate. Often it is between £75 and £250.
  • Certificate of Compliance fee - To be confirmed upon receipt of the lease, as can range between £75 – £150.

These fees vary from property to property and can on occasion be significantly more than the ranges given above. We can give you an accurate figure once we have sight of your specific documents.

You should also be aware that ground rent and service charge are likely to apply throughout your ownership of the property. We will confirm the ground rent and the anticipated service charge as soon as this we receive this information.

How long will my house purchase take?

How long it will take from your offer being accepted until you can move in to your house will depend on a number of factors. The average process takes between 4-10 weeks.

It can be quicker or slower, depending on the parties in the chain. For example, if you are a first time buyer, purchasing a new build property with a mortgage in principle, it could take 12 weeks. However, if you are buying a leasehold property that requires an extension of the lease, this can take significantly longer, between 2 and 6 months. In such a situation additional charges would apply.

Stages of the process

The precise stages involved in the purchase of a residential property vary according to the circumstances. However, below we have suggested some key stages:

  • Take your instructions and give you initial advice
  • Check finances are in place to fund purchase and contact lender's solicitors if needed
  • Receive and advise on contract documents
  • Carry out searches
  • Make any necessary enquiries of seller's solicitor
  • Give you advice on all documents and information received
  • Go through conditions of mortgage offer with you
  • Send final contract to you for signature
  • Agree completion date (date from which you own the property)
  • Exchange contracts and notify you that this has happened
  • Arrange for all monies needed to be received from lender and you
  • Complete purchase
  • Deal with payment of Stamp Duty/Land Tax
  • Deal with application for registration at Land Registry

Assumptions

Our fee assumes that:

  1. this is a standard transaction and that no unforeseen matters arise including for example (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. this is the assignment of an existing lease and is not the grant of a new lease
  3. the transaction is concluded in a timely manner and no unforeseen complications arise
  4. all parties to the transaction are co-operative and there is no unreasonable delay from third parties providing documentation
  5. no indemnity policies are required. Additional disbursements may apply if indemnity policies are required.

Selling a Residential Property

Our fees cover all of the work required to complete the sale of your home, including acting on behalf of your lender and redeeming your mortgage.

Conveyancer's fees and disbursements (all amounts include VAT where appropriate):

Our legal fees depending on the value of the property

£600 to £3,000

Supplement for leasehold / shared ownership Properties

£240

Copies of your title documents from the Land Registry

£6 to £30

Electronic money transfer fee

£30

Disbursements are costs related to your matter that are payable to third parties, such as Land Registry fees. We handle the payment of the disbursements on your behalf to ensure a smoother process.

We will be happy to provide a bespoke quote over the telephone, in writing or by email if you would like to contact us with your particular requirements.

Leasehold Sales

There are usually additional anticipated disbursements that arise when you are selling a leasehold property as follows:
  • Management Pack from Freeholder/Management Company. Often the fee is between £250 and £400.
  • Notice of Transfer fee payable to Freeholder. This can range from £50 to £200.

These fees vary from property to property and can on occasion be significantly more than the ranges given above. We can give you an accurate figure once we have sight of your specific documents.

How long will my house sale take?

How long it will take from your accepting an offer until you can move will depend on a number of factors. The average process takes between 4-10 weeks.

It can be quicker or slower, depending on the parties in the chain. For example, if your buyer is a cash buyer, it could take 3 to 4 weeks. However, if you are selling a leasehold property that requires an extension of the lease, this can take significantly longer, between 2 and 6 months. In such a situation additional charges would apply.

Stages of the process

The precise stages involved in the sale of a residential property vary according to the circumstances. However, below we have suggested some key stages:

  • Take your instructions and give you initial advice
  • Investigate your title (in leasehold properties to include obtaining management pack)
  • Draft contract documents and send them to the buyer’s solicitors
  • Answer any necessary enquiries from the buyer's solicitor
  • Give you advice on all documents and information received
  • Contact your lender to obtain redemption statement
  • Send final contract to you for signature
  • Agree completion date (date from which you own the property)
  • Exchange contracts and notify you that this has happened
  • Arrange for all monies needed to be received from buyer
  • Complete sale
  • Deal with payment of your mortgage and removal at Land Registry
  • Pay estate agent

Assumptions

Our fee assumes that:

  1. this is a standard transaction and that no unforeseen matters arise including for example (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. this is the assignment of an existing lease and is not the grant of a new lease
  3. the transaction is concluded in a timely manner and no unforeseen complications arise
  4. all parties to the transaction are co-operative and there is no unreasonable delay from third parties providing documentation
  5. no indemnity policies are required. Additional disbursements may apply if indemnity policies are required.

Remortgaging a Residential Property

Our fees cover all of the work required to complete the remortgage of your home, including acting on behalf of your new and existing lenders.

Conveyancer's fees and disbursements (all amounts include VAT where appropriate):

Our legal fees depending on the value of the property

£540 to £900

Supplement for leasehold / shared ownership

£240

Search Fees

£170 to £280 (typically less than £200)

HM Land Registry Fee

Variable depending on value of new mortgage.

Electronic money transfer fee

£30

Disbursements are costs related to your matter that are payable to third parties, such as Land Registry fees. We handle the payment of the disbursements on your behalf to ensure a smoother process.

We will be happy to provide a bespoke quote over the telephone, in writing or by email if you would like to contact us with your particular requirements.

Leasehold Remortgages

There are usually additional anticipated disbursements that arise when you are remortgaging a leasehold property as follows:
  • Notice of Charge fee (if the property is to be mortgaged) – This fee is set out in the lease. Often the fee is between £50 and £200.
  • Certificate of Compliance fee - To be confirmed upon receipt of the lease, as can range between £75 – £150.

These fees vary from property to property and can on occasion be significantly more than the ranges given above. We can give you an accurate figure once we have sight of your specific documents.

How long will my remortgage take?

How long it will take from your mortgage offer being received will depend on a number of factors. The average process takes between 4-10 weeks.

It can be quicker or slower, depending on the lender’s specific requirements

Stages of the process

The precise stages involved in the remortgage of a residential property vary according to the circumstances. However, below we have suggested some key stages:

  • Take your instructions and give you initial advice
  • Check finances are in place to fund remortgage if necessary and contact lender
  • Receive and advise on mortgage offer
  • Carry out searches
  • Make any necessary enquiries of you
  • Give you advice on all documents and information received
  • Go through conditions of mortgage offer with you
  • Meet with you to sign your mortgage deed
  • Agree completion date
  • Arrange for all monies needed to be received from lender and you
  • Complete remortgage
  • Deal with application for registration at Land Registry

Assumptions

Our fee assumes that:

  1. this is a standard transaction and that no unforeseen matters arise including for example (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. there is no requirement to extend the term of an existing lease
  3. the transaction is concluded in a timely manner and no unforeseen complications arise
  4. all parties to the transaction are co-operative and there is no unreasonable delay from third parties providing documentation
  5. no indemnity policies are required. Additional disbursements may apply if indemnity policies are required.


Regulated by The Solicitors Regulation Authority.
Registered in England & Wales, Registration No. OC323951. Registered Office: 18 Castle Street, Hay-on-Wye, Hereford, HR3 5DF.
The Partners are the members and designated members of the Limited Liability Partnership.