Conveyancing Solicitors in Sheffield
It is often said that buying or selling a property is one of the most stressful events we face. Here at Lupton Fawcett, our Conveyancing Solicitors make it our mission to ensure that, for our clients, it isn’t.
You’ll be happy to know that our team of expert Conveyancing Solicitors in Sheffield will support you through the entire process, explaining everything to you in easy to understand language and with a transparent pricing policy.
No matter which rung of the property ladder you are reaching for, the most important thing you can have on your side is an expert who knows the local area.
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.
Expert legal advice and local knowledge
We are confident that our client-focused approach and in-depth knowledge of the Sheffield 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 Sheffield 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 Sheffield offices, our conveyancing team operates throughout the UK. Through the use of email, video conferencing and phone, we can serve your needs wherever you live and wherever the property is located.
We advise on legal matters for all types of residential property transactions – from first time buyers with no chain, to portfolio investments and development projects for house builders.
You will always receive a service that is tailored to you and your needs.
As you’d expect from one of the leading law firms in Yorkshire, we are accredited by the Law Society for the Conveyancing Quality Standard and by LEXCEL to undertake both residential and commercial conveyancing.
Our residential conveyancing services in Sheffield
We understand that buying and selling a property is a major undertaking, often with far reaching impacts on family, finances, lifestyle and careers.
To make sure that everything goes smoothly and without stress, we make sure you are completely aware of what’s going on at all times. We provide regular updates in straight-forward language and respond promptly to any queries you may have.
Although the conveyancing process seems complex to those who may only ever have to navigate it a handful of times in their lives, this is what we do every day.
We have the knowledge and experience to bring your transaction to a timely conclusion, dealing professionally with any unexpected issues which may arise. We know how hard it can be to find the right property, plot of land or renovation project so we’ll do everything we can to get the paperwork through, secure full title, and protect all your legal rights whilst 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
Sellers often wait until an offer is received before preparing the necessary documentation. However, this may leave you in a weakened negotiating position if the buyer is able to identify any anomalies with the title deeds, planning permission, building irregularities or other issues.
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 in Sheffield 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.
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 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 in Sheffield
There are more steps involved in conveyancing today than ever before. New requirements have been added gradually to the process over the years to reduce risk and fraud, minimise mistakes and protect the buyer.
These days energy ratings, energy providers, sewers, insulation, and more are all checked.
Our Sheffield Conveyancing Solicitors will endeavour to keep things moving forward smoothly, protecting your interests at all times. Drawing on our experience, we make every effort to anticipate potential issues so that delays can be minimised, and communicate with you regularly so you’ll always know what’s happening.
Conveyancing for Freehold and Leasehold Property Purchases
If you find a house you want to buy, and your offer is accepted there is no time to waste. You’ll want to get a survey and the initial searches done straight away so you’ll have some confidence that the sale can proceed. Lupton Fawcett’s experienced Conveyancing Solicitors in Sheffield will make sure matters proceed in a timely manner, protecting your interests at all times. The conveyancing process for a property purchase can be outlined as follows:
Once your offer has been accepted, the seller’s solicitor will draw up the contract and send it to us. We’ll check and approve this with you, negotiating any necessary changes with the seller’s solicitor.
We’ll then conduct an extensive review of the legal title to the property, and check that there are no onerous covenants or rights which would affect your use of the property.
Local Authority searches will also be conducted to make sure that all the necessary planning permission and Building Regulations approvals are in place for the property. Issues regarding Tree Preservation Orders, rights of way, boundary disputes and nearby road schemes and proposed compulsory purchase orders would also be included in these searches.
Further searches are conducted in relation to drainage and water supply, environmental history, and other matters specific to your local areas such as mining or flood risks, and our findings are communicated to you along with practical solutions to any issues that have arisen.
If necessary, we’ll correspond with the seller’s solicitor to address the results of our research and searches and changes may be made to the terms of contract accordingly.
Once both parties are happy with the contract, they can be signed in preparation for exchange.
Communication with the Mortgage Lender
We will review the mortgage offer and report to you on the details, making sure you are aware of any special conditions imposed by the lender.
If the searches uncovered any issues we will report them to the lender and explain how we intend to deal with them.
At this point, the buyer and seller will be committed to the transaction. The buyer will be required to pay a deposit and a date for completion is agreed. Prior to completion another round of searches will be carried out at the Land Registry to make sure that the legal title hasn’t been changed or amended since the first search.
Providing that everything is as it should be, the transfer deed is signed and the mortgage money is requested.
We’ll also prepare a Stamp Duty Land Tax return for filing with HMRC.
The seller moves out of the property on the completion date, money is sent to the seller’s solicitor and the keys are released to the buyer.
Your Conveyancing Solicitor will prepare the completion statement to show all payments made and received.
The transaction will be registered with the Land Registry, ensuring that your ownership, any Mortgage and any other pertinent matters are correctly recorded.
Conveyancing for Freehold and Leasehold Property Sales
Once you have accepted an offer to purchase your property, your Conveyancing Solicitor will begin the process of transferring the ownership and settling all the financial aspects. This includes:
- Checking the legal title to the property.
- Drafting the contracts and advising you on the terms.
- Responding to any queries from the buyer’s solicitor and assisting you to take any necessary action.
- Coordinating your signature on the contracts.
- Exchanging contracts with the buyer.
- Arranging your signature on the transfer deed.
- Agreeing a completion date with the buyer’s solicitor.
- Producing a completion statement showing the amount you will be paid on completion after all necessary deductions including repayment of your mortgage, agents fees and taxes.
- On completion, repay the mortgage, other costs and taxes.
- Notify you, your estate agent and the seller of completion, and account to you for the balance of the sale proceeds.
How long does conveyancing take?
In general, the average house sale/purchase takes between 8-10 weeks. It can be quicker or slower, depending on the parties in the chain, the type of property and the type of purchase.
If you are buying a leasehold property that requires an extension of the lease, this can take 3 and 6 months. In such a situation, additional charges would apply.
The economy and investment in Sheffield
Sheffield’s future looks bright. Following the blueprint of success that has been seen in Manchester and Leeds, and the successful Phase 1 of the Heart of the City scheme, Sheffield City Council is investing £470 million in the Heart of the City II scheme to develop new hotels, retail outlets, grade A office space, along with roads and transport links which have been shown to have a positive impact on local jobs, property and the wider economy.
A £90M development is currently under way for a new site for HSBC bank. This is forecast to increase job opportunities at what is already one of the area’s largest employers. There are further plans to develop the 60,000 square feet of the city centre area between Fargate and The Moor.
Developments of residential properties around Sheffield are increasing too with investors keen to get involved early having witnessed the phenomenal success of similar off-plan projects in Liverpool, Leeds and Manchester.
Sheffield was built on steel and coal – a toxic combination for a 20th century city. Although much of the decline was decades ago, Sheffield has felt the impacts for many years.
However, there is light at the end of the tunnel. An ambitious economic growth plan aims to create 70,000 more jobs and 6,000 more businesses by 2025, increasing Gross Value Added (GVA) by £3billion.
It’s a simple fact that people move to where the jobs are, so population trends are an important indicator of a city’s economic strength. Over the last 10 years, the population of Sheffield has increased by around 7% and with 518,090 residents it ranks 6th in the UK.
Although a large percentage of employment in Sheffield is in the advanced manufacturing sector, it is home to branches of some of the world’s most famous organisations including IBM, Rolls Royce and Boeing.
With a rateable value of just £86 per m2, commercial office space in Sheffield is an attractive proposition for both established businesses with an eye on value, and ‘start up – scales up’ businesses looking to expand.
Sheffield is home to two of the country’s largest universities – The University of Sheffield and Sheffield Hallam University.
This brings a constant stream of young graduates into the city – 70,000 per year to be precise – and with 25% of students choosing to remain in the city following their studies, this creates a huge demand for private residential rental property, both in the city centre and in the suburbs.
Based on the The Schools Guide rating of secondary schools in Sheffield, which looks at key performance data including exam results, Ofsted reports and student to teacher ratios, among the top rated state schools in Sheffield are Notre Dame High School, Silverdale, Bradfield School and Meadowhead.
House prices in areas where the best schools are located range between £132,364 and £226,963 for a terraced house and £280,739 to £530,140 for a detached property.
Laying adjacent to the M1, Sheffield is also directly linked to many cities and towns all over the UK, especially thanks to speedy direct train links to London.
Big news for the city is the plan to have a Sheffield stop on the new High Speed Rail 2 line. This will create more services and reduce times when travelling to London and the South.
The city has four airports within less than half an hour’s drive, helping to make it an easy transport hub for overseas travel as well.
The four lines of the Supertram network run North to South and East to West and are organised around Park Square in the city centre, making travel around the city quick, convenient and cheap.
Thanks to a recent innovation, trams are now able to connect to parts of the rail network, extending the reach and connectivity of the tram system with a positive impact on house prices in areas now benefiting from better access to the city centre.
Local house price trends
According to Zoopla estimates, the average price for property in Sheffield in July 2020 was £187,743, which represents a decrease of 10.83% over the previous 12 months ago. In terms of property types, flats in Sheffield sold for an average of £134,091, terraced houses for £135,612, and the average price of a detached house was £339,055.
However, averages by property type don’t tell the whole story. As in all cities, there is a wide variation in price between different areas of Sheffield. For example, the highest value properties in Sheffield can be found in Whirlow Park Road (S11), Petworth Drive (S75) and Cavendish Avenue (S17) where the average prices are just under £1M. By comparison, the average house prices in Grimesthorpe and Pitsmoor were around £90,000 in the same period.
The areas of Broomhill, Fulwood and Ecclesall are very popular with families as they are close to the city but with plenty of trees and greens spaces, and properties can be purchased in the £190,000 to £330,000 range here.
With a fast growing population and large scale investment Sheffield is also an attractive prospect for buy-to-let property investments with potential yields of over 7%.
Why choose Lupton Fawcett’s Conveyancing Solicitors in Sheffield?
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
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.
Our Conveyancing Solicitors act regularly for clients across Sheffield including St. Pauls, Fulwood, Dore, Eccleshall, Crookes, Crookesmmor, Walkley, Nether Edge and Ranmoor.
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, or fill out the enquiry form on this page and we will be in touch.