Are you moving home, buying or selling a property or remortgaging in South Wales or anywhere throughout the United Kingdom?

KTP Solicitors will make the transaction as smooth as possible by giving you a premium, fixed-fee residential conveyancing service at a competitive price, with the added peace of mind of a no sale-no fee promise with ongoing investment in technology.

Strong Local Connections

With a strong team of conveyancing and property specialists offering exceptional local knowledge and established relationships with local authorities, surveyors, estate agents and financial advisers, KTP Solicitors can offer advice and assistance in all areas of residential conveyancing, including:

  • Moving home
  • Buying or selling a second property
  • Buying or selling land for residential use
  • Leasehold sale and purchase
  • Buy to let
  • Probate sales
  • Property disputes
  • Re-mortgaging

No Sale – No Fee

If your property transaction does not reach a conclusion then you will not be charged a fee. All we will charge you is the ‘disbursements’ – expenses – that we have had to pay out to third parties on your behalf.

No Hidden Costs, and No Jargon

You will find all KTP property lawyers communicate straightforwardly in plain English. Our communication is not the only thing that is straightforward; our fees are too. We will quote you a fixed fee for your conveyancing or property transaction before we start and guarantee that there will be no hidden charges along the way. Should any unanticipated expenses arise we will let you know immediately.

KTP’s residential property department is headed by Partner, Rhian McTiffin

South Wales Re-Mortgage Solicitors

KTP Solicitors has a team of property lawyers with many years of remortgaging experience. We are committed to providing you with a hassle-free remortgage, whether you are switching lender or releasing equity.

We know just how important deadlines are when re-mortgaging and we work tightly to them, foreseeing any delays and keeping you and your mortgage broker, IFA or lender informed every step of the way to ensure a smooth transaction.

Residential Conveyancing

The people who carry out residential Conveyancing are listed below, and collectively they have over ten years experience in all types of Conveyancing transactions.

People

Rhian McTiffin is a Chartered Legal Executive who has over ten years residential conveyancing experience.  She qualified as a Legal Executive in 2013 having trained towards her qualification whilst working as a Trainee Legal Executive within KTP Solicitors.

Since qualifying Rhian has continued to work in the conveyancing department and became a partner in 2019.

Rhian has experience of all aspects of conveyancing, both residential and commercial and has dealt with literally hundreds of such transactions.

Rhian’s workload is 95% conveyancing, with the remainder being related to the probate department.

Rhian’s work is supervised by Elizabeth Hinton.

 

Elizabeth Hinton is a solicitor with over two and a half years Conveyancing experience. Elizabeth qualified as a Solicitor in July 2019 having graduated in law from the University of Bristol and having completed her Legal Practice Course at Cardiff University.  She completed her training contract with KTP Solicitors and since then has worked within the conveyancing/ Probate departments. Having worked in conveyancing for approaching three years, Elizabeth has dealt with a substantial numbers of transactions. She specialises in residential conveyancing.

Elizabeth’s workload is 85% conveyancing and 15% Wills and Probate.

Elizabeth’s work is supervised by Rhian McTiffin.

 

Sophie Raybould is a Graduate Legal Executive with over four years Conveyancing experience.   Sophie became a Graduate Legal Executive in 2019 and prior to this worked at another local law firm whilst working towards that qualification.   Sophie has, therefore, established a substantial experience of conveyancing transactions. She specialises in residential conveyancing.

Sophie’s work is 100% conveyancing and she is supervised by Elizabeth Hinton.

Costs Information, Key Stages and Time Scales

Costs Information

We charge fixed fees on a sliding scale depending on the value of the property. The fees are as follows and these fees cover all work required to complete the sale/purchase of the property including administering the payment of Stamp Duty Land Tax/ Land Transaction Tax and application for registration:

Up to £100,000.00                              £395.00 plus VAT (£79.00)
£100,001.00 to £200,000.00               £425.00 plus VAT (£85.00)
£200,001.00 to £300,000.00               £450.00 plus VAT (£90.00)
Over £300,000.00                               £500.00 plus VAT (£100.00)

In addition to our fees there are other fees involved in the process and these are charged at:

Stamp Duty Land Tax Form/            
Land Transaction Tax Form               £35.00 plus VAT (£7.00)
Bank Transfer Fee                              £25.00 plus VAT (£5.00)

 

 

The above fixed fees are for a straightforward conveyancing transaction.

Sometimes during the course of the transaction, we are required to carry out additional work which is not classed as part of the normal course of a transaction and in the event this is the case the following fees may apply:

Leasehold Properties                                      £125.00 plus VAT                  £150.00 total

Help to Buy ISA Requests                              £50.00 plus VAT                    £60.00 total

Preparation of a Statutory Declaration           £75.00 plus VAT                    £90.00 total

Help to Buy Shared Equity                             £100.00 plus VAT                  £120.00 total

Further there are disbursements payable by you which are costs related to your matter that are payable to third parties. The disbursements are as follows

Sale

Official Copies                                   £6.00 per title.

If we are required to obtain copies of documents referred to in the title these are also charged a £3.00 per document

Purchase

Search Pack (contains Local Authority,
Water and Drainage, Coal Mining, Money
Laundering and Environmental
Search)                                                            £120.00 (Wales online)
Land Registry Search                                     £    3.00
Bankruptcy Search                                         £    2.00 per name
Land Registry Registration Fees:
           
Value or amount (£)             Fee – electronic (£)                Fee – electronic (£)    Postal  (£)
                                                For transfers of whole             For transfers of part               

0 – 80,000.00                          20                                            40                                40
80,001 to 100,000                   40                                            80                                80
100,001 to 200,000                 95                                            190                              190
200,001 to 500,000                 135                                          270                              270
500,001 to 1,000,000              270                                          540                              540
1,000,001 and over                 455                                          910                              910

Stamp Duty Land Tax/Land Transaction Tax

You may also be liable for payment of Stamp Duty Land Tax or Land Transaction Tax depending on the value of the property.   You can calculate the amount of Stamp Duty Land Tax by using the HMRC  website or, if the property is Wales, using The Welsh Revenue Authority website.

Overall Estimate

We would estimate that overall costs in a straightforward transaction that does not include any of the additional works highlighted above would be as follows:

Purchases

In the band up to £100,000.00                                                £753.00
In the band between £100,001.00 to £200,000.00                  £899.00
In the band between £200,001.00 to £300,000.00                  £1,009.00
In the band over £300,001.00                                                 £1,339.00

Sales

In the band up to £100,000.00                                                £510.00
In the band between £100,001.00 to £200,000.00                  £546.00
In the band between £200,0001.00 to £300,000.00                £576.00
In the band over £300,001.00                                                 £636.00

Other Conveyancing Services

In addition to sales and purchases, we also offer the following services on a fixed fee basis:

Re-mortgage                                                                           £250.00 plus VAT (£50.00)
Transfer and Re-mortgage                                                      £300.00 plus VAT (£60.00)
Transfer/Deed of Gift                                                             £250.00 plus VAT (£50.00)

Such transactions will also incur official copies fees of £6.00 and registration fees as per the table above.

Key Stages and Time Scales

How long a transaction takes will depend upon a number of factors, many of which are entirely outside our control. The average process takes between six to eight weeks, but 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 8 weeks. However, if you are buying a leasehold property that requires an extension of the lease this can take significantly longer, between three and four months.
Whilst the exact stages of a transaction may vary according to the circumstances of the case, we have below outlined some key stages:

STAGE 1:

This part of the process usually takes between three to four weeks.
Sale/Purchase Agreed
Receive Sales Memorandum from Estate Agent/ instructions direct from you if no Estate Agents involved.   Request your title deeds (if unregistered) and ask you to fill in some enquiry forms.   Prepare a contract and send this with completed forms to the buyer’s solicitors/receive a contract pack and review the same.  Arrange for the seller/buyer to sign the contract.    Negotiate the moving date

STAGE 2:

This stage of the process usually takes between one and two weeks.
Prepare for Completion
Once a completion date has been agreed, obtain the redemption figure from the client's lender. Prepare the financial statement.   Receive the buyer's completion monies/obtain a settlement figure for your mortgage from your lender.   Prepare/Approve the transfer deed.  Obtain your signature to all documentation

STAGE 3:

This part of the process usually takes between one and two weeks, however, if the property is unregistered this can take up to six or seven weeks due to the Land Registry’s turnaround times
Completion/Post Completion
Receive new advance monies/Pay off the mortgage (if any). Hand over the signed Transfer/receive the signed transfer.  Account to the client for the balance of monies received.  Arrange for registration at the Land Registry.

 

 

  Name:
  Telephone:
  Email Address:
  Brief details of your enquiry: