Conveyancing Solicitors in Leeds
Buying or selling a property can sometimes seem daunting, but you can rest assured that our knowledgeable and qualified Conveyancing Solicitors in Leeds will support you through the entire process.
Whether you are buying your first home, moving along the property ladder, investing in buy to let property, or developing residential property, the most important thing you can have is an expert who knows the local area on your side.
We are confident that our client-focused approach and in-depth knowledge of the Leeds property market will ensure that everything goes smoothly. We pride ourselves on our high standards of client care, efficiency, and accessibility.
The first step is to talk to our helpful Leeds Conveyancing Solicitors to open your conveyancing file, and from there we’ll guide you through every step of the way until the transaction is complete.
Though based in our Leeds offices, our conveyancing team operates throughout the UK.
Richard and the team did a fantastic job on the sale of our house. They were efficient, pro-active and happy to answer all queries. I would definitely look to recommend them and look forward to using them in the future.
Why Choose Lupton Fawcett’s Conveyancing Solicitors in Leeds?
At Lupton Fawcett, our specialist Conveyancing Solicitors are on hand to help with any aspect of residential property to ensure you get the desired outcome as quickly as possible. We understand the importance of timing and reliability when it comes to residential property sales and purchases, so you can rely on us to drive the process forward on your behalf.
We have over 100 years of experience helping people with all types of property matters, providing expert legal advice on:
- Auction sales and purchases
- Transferring equity
- Commercial property conveyancing
- Shared ownership
- Right to buy
- Buying the freehold of your leasehold property
- Land sales
Our Conveyancing Solicitors act regularly for clients across Leeds including Collingham, Rigton, Harewood, Weetwood, Far Headingley, Hyde Park Corner, Woodhouse Cliff, Scarcroft, Shadwell, Scholes and Roundhay Park.
As a recognised full service law firm, we can support your needs wherever you live in England, Wales & Northern Ireland.
Call today or complete the enquiry form and we will get back in touch with you quickly. We will always respond promptly, and we will be happy to help.
To discuss your circumstances, contact us today by calling 0333 323 5292, or fill out the enquiry form on this page and we will be in touch.
Our Conveyancing Promise
No matter what the particular circumstances of your property transaction are, this is likely to be a significant milestone for you making a major impact on your life.
We know it can be frustrating if you don’t know what’s happening, so we’ll make sure you get easy to understand updates and prompt replies to any questions you have and you’ll have direct contact to your Conveyancing Solicitor at all times.
At Lupton Fawcett, we have the knowledge and experience to deal with any unexpected issues which may arise. We know how hard it can be to find the right property, so once you have, we’ll do everything we can to get the paperwork through, secure full title, and protect all your legal rights in the optimal time frame. All the while, exceeding your expectations in terms of service.
Our professional conveyancing service includes:
- Direct solicitor contact
- Transparent pricing
- Speedy transaction times
Conveyancing Service For Property Sales
If you are planning to sell your house, it is likely that you’ll be aiming to achieve the best possible price for the property. To justify a lower offer, buyers will leverage any unexplained problems with the title deeds, historic planning, building irregularities or other anomalies.
To protect yourself against these unexpected issues, it is best to get all your paperwork in order before going on the market.
That’s where Lupton Fawcett’s Quickstep Service can help.
Our experienced team of conveyancing solicitors will prepare a full report for you highlighting issues any prospective purchaser is likely to raise. It will include a full title report and advice on how to resolve any issues which may limit the saleability of your property.
Sellers often wait until an offer is received before preparing their documentation, but it’s more sensible to do this early on and address any issues that might affect your selling price well in advance.
Lupton Fawcett’s Quickstep will help you to discover, for example:
- Whether any title or other important documents are missing.
- Anything in the title which might limit the ability of a purchaser to obtain mortgage funding.
- Problems with planning permissions, building regulations consents.
- Whether any pre-existing covenants have been breached.
What does Lupton Fawcett’s Quickstep cost?
If you instruct us to prepare a Quickstep report, it will be free of charge* if you instruct Lupton Fawcett to act for you in the sale, and you complete within 9 months of the date of the report. If not, our charge of £150 (plus VAT) will be payable.
To request a Quickstep Report for property sales, please complete this simple questionnaire. We will review this and then contact you to discuss how to take the matter forward.
Residential Property Conveyancing
Conveyancing is the legal transfer of property from one person to another. The transaction takes place in two stages. The first stage is to fix all the terms of the deal being agreed, called ‘exchange’. And the second stage is ‘Completion’ when the title transfer takes place.
Residential property law is particularly complicated, and without the right support, transactions can go wrong and issues could crop up that could have otherwise been avoided.
The process has become gradually more complicated over the years and now includes questions about energy ratings, energy providers, sewers, insulation, proximity of telegraph poles and even chancel repair liability.
Our solicitors will help to ensure everything runs as smoothly as possible, protecting your interests at all times. We aim to minimise delays, communicate regularly and provide practical solutions to any issues that may arise.
The Stages of Conveyancing for Freehold/Leasehold Property Purchases
- Approve the sales contract and if necessary negotiating any required changes with the seller’s legal advisors.
- Extensive review of the legal title to the property, to ensure that the seller is legally entitled to sell the property; and to ensure that there are no onerous covenants or rights which will affect your use and enjoyment of the property.
- Carry out Local Authority searches and analysis of the results to ensure amongst other things, that all necessary planning permission and Building Regulations approvals are in place; whether the property abuts a publicly maintainable highway; the results of any Tree Preservation Orders, details of any nearby road schemes, details of any proposed compulsory purchase, and whether there are any orders in place that would create further liabilities.
- Carrying out further searches in relation to drainage and water supply, environmental history, and other locally relevant matters such as mining. Analysing the search reports on receipt to ensure that there are no onerous liabilities attached to the property.
- Corresponding with the seller’s solicitor to raise additional enquiries to address the results of our research and searches so that any issues that we revealed are clarified and/or dealt with.
- Review the mortgage offer and report to you on the details, clarifying any special conditions imposed by the lender.
- Reporting to the lender any issues that have been uncovered and confirming how we intend to deal with these.
- Providing you with a written summary of our findings from reviewing the legal title and the search reports. Providing you with the contract for your signature, along with a prepared Stamp Duty Land Tax return for filing with HMRC.
- Exchanging Contracts and carrying out final pre-completion searches with the Land Registry to ensure that there have been no further amendments to the legal title, and to ensure that you have priority to register your ownership of the property.
- Preparing the completion statement to show all payments made and received and providing you with a balance required in order to complete your purchase.
- Raising requisitions on title and checking the replies, including undertakings to redeem seller’s existing charges. Drafting and agreeing a simple transfer of registered title form TR1.
- Reporting to the lender to request the release of the mortgage advance.
- Completing the purchase; submitting a return to the HMRC to account for any Stamp Duty Land Tax to be paid; ensuring that any necessary indemnity policies are in place from the date of completion.
- Registering the transaction with the Land Registry and ensuring that your ownership, any Mortgage and any other pertinent matters are correctly recorded.
- Forwarding to you and your lender a copy of the updated Registers of Title.
The Stages of Conveyancing for Freehold/Leasehold Property Sales
- Check and deduce legal title, draft contracts for sale and advise you on the terms.
- Communicate with the buyer’s solicitors at key stages.
- Prepare financial statements.
- Send the final contract to you for signature.
- Exchange contracts and notify you when this has happened.
- Liaise with you to sign the transfer of registered title form TR1.
- Agree on a completion date.
- Produce a completion statement setting out the amount to be paid to you on completion after all necessary deductions including repayment of your mortgage and payments to your estate agent.
- Collect money on completion.
- Notify you, your estate agent, the seller of completion, and account to you for the balance of the sale proceeds.
How long does conveyancing take?
The average process of a house sale/purchase takes between 8-10 weeks. It can be quicker or slower, depending on the parties in the chain. For example, if you’re purchasing a new-build property with a mortgage in principle, it could take longer depending on when the property build is complete.
However, if you are buying a leasehold property that requires an extension of the lease, this can take significantly longer, between 3 and 6 months. In such a situation, additional charges would apply.
Thank you ever so much for this. The process at your end (despite my flapping) has been incredibly smooth and we are very grateful for your help.
The Leeds Property Market
As the unofficial capital of Yorkshire, Leeds certainly lives up to the hype.
It’s a city at the heart of the action, bursting with life and cultural energy. Fuelled by the perpetually renewing population of university students, there is a vibrant creative community and wide variety of cultural activities, art, food and festivals all set in a compact city centre with some stunning architecture.
Built on the wealth and prosperity of wool manufacturing in the late 1800s, and the subsequent strength of trade connections established through canal and railway networks, Leeds has developed from its humble early beginnings to the 4th largest metropolitan area in the country today.
There is a diverse, fast growing local economy now centred around banking, financial services, technology and the digital industry, providing a wealth of employment opportunities for Leeds residents which has resulted in comparably low levels of unemployment and high standards of living.
Combined with a low cost of living (20% lower than London!), it’s easy to see why Leeds is such a popular place to buy a property.
There is a wide range of characterful housing options at affordable prices, so when you’ve found your ideal home, commercial property or development project talk to our expert property solicitors in Leeds about the next steps.
The Leeds City Region is an area which incorporates Barnsley, Bradford, Calderdale, Craven, Harrogate, Kirklees, Leeds, Selby, Wakefield and York. It is the UK’s largest economy and population centre outside London. The city has the third largest jobs total by local authority area with 480,000 in employment and self-employment at the beginning of 2015.
Strong employment opportunities exist in the banking, finance, education, health, creative, digital and retail sectors driven by major employers in the region such as Asda Walmart, Burberry, Channel 4, Jet2 and Yorkshire Bank.
According to leeds.gov.uk, Leeds is one of the UK’s centres for fast growing firms (behind only London and Cambridge). This is based on data for companies that we at Lupton Fawcett call ‘start up and scale up’, having achieved three years of 20% growth in revenues or employees.
Leeds is a university hotspot, now home to four higher education institutions including The University of Leeds, Leeds Beckett, Leeds Trinity and Leeds Arts University.
The University of Leeds consistently ranks highly in the UK league tables, and is one of the highest regarded universities in Europe.
In terms of GCSE results, the best performing secondary school in Leeds in 2019 was Allerton High School in LS17 where the average house price for a semi-detached property was a fairly attractive £290,762. Other high performing schools in Leeds include Boston Spa Academy, The Morley Academy and Horsforth School.
The average house price in an area of Leeds with an outstanding school costs £238,532, but it’s more than £20,000 cheaper to live near one of the city’s 174 good schools, with the average house prices in these regions of Leeds standing at £218,115.
Leeds is a transport hub with one of the busiest railway stations in the UK and good access to international flights from Leeds Bradford Airport and Manchester Airport just 1hr away by car.
Not only is Leeds well connected to the other major towns and cities in the region such as Sheffield, York Hull and Doncaster, but there are regular train services heading out of Yorkshire to Manchester, Liverpool and Newcastle too.
Located at the intersection of the national motorway network Liverpool, Manchester, Newcastle, Nottingham and Sheffield are all within easy reach in considerably less than 2 hours so Leeds really is perfectly located for residents, visitors and businesses alike.
When it comes to shopping, there is bags full of choice in Leeds. From designer labels to high street names, the quality and extent of the retail options in Leeds is well renowned.
For students and any lover of a good buy, there is Kirkgate Market, the largest indoor market in Europe, with its glass roof and wrought iron arches. It’s impressive decor and wide variety of food and culture make it one of the most popular shopping and historical destinations in the city, attracting over 100,000 visitors each week. Kirkgate Market was famously the founding location of Marks and Spencer, and their market stall can still be found there to this day.
For luxury goods and designer labels the Victoria Quarter is the place to go. Home to some of the city’s most beautiful architecture, the Grade II* listed building is a spectacular setting for a shopping spree, with a stunning array of choice from more than 70 designer brands, including Vivienne Westwood, Louis Vuitton, Ted Baker and Harvey Nichols.
The great outdoors
Leeds is the perfect place from which to explore everything else Yorkshire has to offer. Located just 30 mins from the city centre to the North, the Yorkshire Dales and moors surrounding Leeds offer some of the country’s best hiking and biking trails. Particularly popular is the Meanwood Valley Trail, site of an annual footrace that draws participants from across Britain.
Whether you’re after a quiet afternoon stroll or something more energetic, there are plenty of things to do in the great outdoors of God’s Own County.
Exciting activities can be found all over the region, including mountain biking, climbing and caving. For something a bit more leisurely, take in some spectacular scenery with the Ingleton Waterfalls Trail, just one of the many popular walking trails in the Yorkshire Dales
Local house price trends
According to Zoopla estimates, the average price for property in Leeds in July 2020 was £199,842, which represents a decrease of 10.69% over the previous 12 months ago. In terms of property types, flats in Leeds sold for an average of £151,213 and terraced houses for £139,896, and the average price of a detached house was £368,202.
However, averages by property type don’t tell the whole story. There is a wide variation in price by property type across the different areas of Leeds and the surrounding area. For example, the highest value areas in Leeds are Collingham, Rigton & Harewood with median prices of £832,500 over the last 12 months to March 2020. By comparison, the average house price in Beeston Hill and Hunslet Moor was £82,000 in the same period.
The most affordable area is LS9, which is east of the city centre and contains Harehills, Osmondthorpe, Burmantofts, Cross Green, East End Park, Gipton, and Richmond Hill. The average house price for first-time buyers in this area currently stands at £93,345, requiring a deposit of £11,668 and a household income of £20,419.