Conveyancing Lei Dat & Baig Solicitors

Lei Dat & Baig’s Conveyancing Department has extensive knowledge and experience in all areas of property law and related matters as individual members have practiced in this area for may years. With this wealth of experience we are able to offer a fast and comprehensive service which is tailored to our clients individual requirements.

Our aim is to provide you with a service both in terms of expertise and speed which you would expect from a City firm but at a much lower cost in view of our location.

We can also advise you on matters such as liquor licensing applications both for individuals and for premises; the preparation of business plans and presentations to banks and other financial institutions; company formation etc.

Our firm has departments dealing with other areas of law such as company formation, employment, dispute resolution, wills and probate. We are able, when the need arises, to refer you to one of these specialist departments so that all of your matters can be dealt with in one place.

For initial advice or to arrange a meeting with one of our Conveyancing Solicitors please Contact Us on 0151 807 8787.

Conveyancing Fees

At Lei Dat & Baig Solicitors Ltd, we aim to provide transparent and competitive pricing for
our residential conveyancing services. Below is a breakdown of our fees, disbursements, and
other key information to help you understand the costs involved. Your case will be dealt with
by a qualified Solicitor who may be assisted by an experienced caseworker or paralegal. We
aim to complete most residential conveyancing transactions within six weeks, though this
may vary depending on the complexity of the matter.

What Is Included in Our Residential Conveyancing Service

Our residential conveyancing service ensures a smooth and efficient process for buying, selling, or transferring property ownership. Below is an outline of the work included in our service, along with typical timescales.

What Is Included

1. Initial Enquiries and Document Preparation

Taking your instructions and providing initial advice.
Reviewing title deeds, property information forms, and supporting documents.
Drafting and issuing a contract for sale (for sellers).

2. Searches and Due Diligence

Conducting necessary property searches (local authority, environmental, water
and drainage).
Reviewing search results and identifying potential risks or issues.

3. Liaising with Third Parties

Communicating with the other party’s solicitor to exchange information and
negotiate terms.
Coordinating with mortgage lenders to ensure funds are available for
completion.

4. Contracts and Exchange

Reviewing and agreeing on the terms of the contract with you.
Arranging for contracts to be signed and preparing for exchange.
Managing the deposit and confirming exchange of contracts.

5. Contracts and Exchange

Preparing for and managing the completion process, including transferring funds.
Registering the property with the Land Registry.
Paying Stamp Duty Land Tax (if applicable) on your behalf.
Sending you confirmation of registration and providing copies of relevant documents.

Exclusions

The following are not included in our standard residential conveyancing service and may incur additional charges:

Negotiation of special clauses or unusual contractual terms.
Resolving complex legal issues (e.g., boundary disputes or restrictive covenants).
Advice on tax implications beyond Stamp Duty Land Tax.
Work related to lease extensions or shared ownership properties.

If additional work is required, we will notify you in advance and provide a clear breakdown
of any further costs.

Timeframes

We aim to complete most commercial property transactions within 8 to 12 weeks, though this
may vary depending on:

The complexity of the transaction.
The type of commercial property (e.g., freehold or leasehold).
Delays from third parties, such as local authorities or lenders.
Additional negotiations or legal issues arising during the process.

We will provide regular updates and keep you informed of any changes to the expected
timescale.

Fees for Commercial Lease-Related Transactions
Registrable Lease (over 7 years): £1500 (including £250 VAT)
Unregistrable Lease: £1170 (including £195 VAT)
Auction Purchases: Fees are charged at the same rates as above.

Typical Disbursements for all transactions

Disbursements are costs payable to third parties and are in addition to our legal fees.

Common disbursements include:

Anti-Money Laundering (AML) Checks:

£7.80 (National) per person
£16.20 (International) per person

OS1 Search: £7.00
Bankruptcy Search: £6.00 per person
Bank Transfer Fee (CHAPS): £30.00 per transfer
Land Registry Fee: Please enquire for details as this varies with property value
Search Fees:

Please enquire for details as this varies with property value and the searches
required in the region of £295

SDLT Return Fee: £140
Office Copy Entries:

£7.00 (Freehold)
£7.00 (Leasehold)

If you are obtaining a mortgage, oftentimes the lender panel will charge an administrative fee of £35.00 in addition

Additional Information

Stamp Duty Land Tax (SDLT):
The amount payable varies depending on the
purchase price and your personal circumstances (e.g., first-time buyer or additional
property). You can use the HMRC SDLT calculator to estimate your liability.

Timeframes:
We aim to complete most residential conveyancing matters within six
week to eight weeks. However, this is dependent on factors such as the complexity of
the transaction, the speed of third-party responses, and whether additional checks or
negotiations are required.

Potential Price Variations:
While we strive to provide fixed fees, there may be
circumstances where additional work is required due to the complexity of the case.
Should this occur, we will inform you promptly before undertaking any further work.
You will be made full aware of any additional costs and will have the opportunity to
approve before proceeding

VAT:
All fees listed above are exclusive of VAT, which will be charged at the
prevailing rate presently 20%

Contact Us
For a tailored quote or further information, please contact our team. We are happy to discuss
your specific requirements and provide a personalised estimate.

Pricing:

Please note hourly rate for Senior DSolicitors/Directors is £250 and £195 per hour for Solicitors and £135 per hour for Caseworkers. We also operate fixed fee in many areas of law, which is £875 for estimated 5 hours billable time.

For all conveyancing transactions including sale and purchase of a house charge 500 plus vat, plus disbursements.

And for transfer of lease (for 7 yrs and over) our fees are £950 plus, vat and for transfer of lease (under 7yrs) our fees are £750 plus vat, and disbursements.