Expert legal property advice

We are specialist conveyancing solicitors in Bath, Frome, Sherborne and Wells. Whether you are a first-time buyer or a property investor, buying or selling a Listed Building or looking to remortgage, we’ll provide the legal property advice and support you need to get you moving.

With our wealth of local knowledge, commitment to personal service and excellent relationships with local estate agents, we can minimise any issues along the way and guide you to a successful conclusion.

Property

Buying and selling property

Whether you are a first-timer or a seasoned property owner looking for a new buy-to-let property, our team of experts are committed to delivering your sale and/or purchase quickly, efficiently and with minimal stress.

Remortgaging

Remortgaging is essentially moving your current mortgage from one lender to another. If you’re considering remortgaging your home or investment property, our team can help you get the best deal with a variety of refinancing options.

Transfer of ownership

There are many different reasons to consider a transfer of ownership or equity in a property. For example, in a relationship breakdown one person might want to remain in the property. You may want to add someone to an existing mortgage, or you might be looking to invest in property with a friend or family member. Whatever your situation, we can guide you through the process and put a legal agreement in place that everyone’s happy with.

Next steps: get in touch

If you’re looking for legal advice for property matters, contact our team of property experts on: 0800 533 5349 or email enquiries@mogersdrewett.com

Mogers Drewett

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Meet the team

Frequently asked questions

The cost involved will depend on a number of different factors, all of which are unique to the property. See more information about our pricing here or call us for an individual cost estimate.

Service Price Range
Purchase (Freehold) £950 – £9,000 plus VAT and Disbursements*
Purchase (Leasehold) £1,200 – £9,500 plus VAT and Disbursements*
Sale (Freehold) £950 – £7,500 plus VAT and Disbursements*
Sale (Leasehold) £1,100 – £8,000 plus VAT and Disbursements*
Re-Mortgage £995 – £2,500 plus VAT and Disbursements*
Transfer of Equity £500 – £2,500 plus VAT and Disbursements*

*Disbursements are costs payable to a third party on your behalf as part of the legal process. For example, applying for the searches on a property you are buying can cost between £350-£500 depending on the location of the property and the searches required. When instructed we will request funds from you in advance to cover the expected costs.

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

  • 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
  • Obtain further planning documentation if required
  • 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

Obviously, our fees do not include any external costs and charges that we may incur as part of the process (e.g. estate agents commission, removal costs, environmental remediation costs etc). You will also be responsible for these items.

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 8-12 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 3 and 4 months. In such a situation additional charges would apply.

Whilst we will do all that we can to expedite matters and will keep you informed about how long it will take to register your property, it is important to take in to account the delay should you be considering purchasing a property with a view to selling it again immediately or shortly afterwards.

Residential Property Partner Alison Treble supervises the team of property specialists in Bath, Sherborne & Wells.

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