Compare Property Conveyancing Solicitors in Exeter

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Moving to Exeter? Save on Your Property Conveyancing Costs

If you are moving to Exeter, Compare My Move can connect you with up to 5 licensed conveyancers. You can compare quotes and save money on your conveyancing fees.

Our partners must pass a strict verification process before being accepted onto our network. Part of this process includes proving that they are regulated by either the SRA, CLC, LSNI, LSS, or CILEX. Once accepted, our team will monitor each partner closely to ensure that they are providing the best services for customers.

When purchasing a property in Exeter, you'll need to hire a conveyancer who can guide you through the legalities. They will explain any legal jargon you may not understand and also conduct essential searches. These searches will unveil any defects that can threaten the property and surrounding area.

Our Exeter Conveyancing Solicitors

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    FAQs About Conveyancing in Exeter

    Our team found that conveyancing fees in Exeter cost an average of £1,320 when buying and £1,270 when selling. The conveyancing process takes approximately 166 days to complete in Exeter.

    Our research shows that Exeter has a high risk of flooding due to the River Exe that runs through the area. There are also issues with subsidence and high levels of radon gas recorded. This means that conveyancing searches are crucial when making a property purchase in Exeter.

    Why Hire a Exeter Conveyancer?

    Your conveyancer's main responsibility is to deal with the legalities of a property purchase or sale. They will conduct conveyancing searches and explain legal jargon that you may not understand.

    According to the UK House Price Index, 2,013 existing properties and 96 new builds were sold in Exeter in the past year. Detached properties rose the most in price, increasing by as much as 14.2% in January 2022.

    Instructing your conveyancer once your offer is agreed upon will ensure that there are minimal delays. You will also find that the process will be more efficient as they will be able to guide you through the sale or purchase. Here is what you can expect from your conveyancer:

    • Conducting conveyancing searches
    • Reading through the contracts and documents
    • Liaising with relevant parties such as mortgage lenders
    • Arranging the exchange of contracts
    • Agreeing on a completion date
    • Paying disbursements on your behalf

    Bear in mind that your conveyancer may have to carry out extra duties when dealing with difficult cases such as leasehold properties.

    Data taken from UK House Price Index

    How Much are Conveyancing Solicitor Fees in Exeter?

    The average house price in Exeter is £299,934. This means that the average conveyancing fees when buying a property are £1,320 for freehold and £1,490 for leasehold. When selling a property, the average conveyancing fees are £1,270 for freehold properties and £1,420 for leasehold properties.

    Your total conveyancing cost is dependent on various factors. These include the type of property, the location, and whether the property is freehold or leasehold among others.

    The final cost will consist of legal fees, disbursements, and searches. Conveyancing searches provide information on the property and surrounding area. A full Local Authority Search costs £106.15 including VAT, according to the Exeter Council website.

    Data taken from Compare My Move’s Moving House Calculator

    How Long Does Conveyancing Take in Exeter?

    Our research found that the conveyancing process takes approximately 166 days to complete in Exeter. This is 7 days longer than the national average, which is 159 days. However, this still accounts for over half the entire process.

    The buying and selling process takes 285 days from the day of initial listing to completion day. The national average is 274 days. This means that it takes 11 days longer in Exeter. However, the total time that your conveyancing process will take is dependent on the difficulty of the case.

    For example, if you are part of a property chain, this can cause delays. This is because it is likely that you will be buying and selling a property at the same time. Therefore, you will need to handle two conveyancing processes at the same time. Your conveyancer will have more paperwork to submit.

    Data taken from Get Agent

    What to Expect From Conveyancing Searches in Exeter?

    Your conveyancer will need to conduct conveyancing searches. These are hugely important as they reveal any environmental problems with the property. Conveyancing searches are conducted when buying a property. They can help you to decide whether the property is suitable for you or not. Some searches include the Environmental search and the Water & Drainage Search.

    Exeter has a high risk of flooding. This is because the River Exe runs through the city. Therefore river flooding and surface water flooding are likely when there is heavy rainfall. Properties near the river have the highest risk. Therefore, make sure to read the report closely, especially when purchasing a property near the River Exe.

    There is a history of subsidence in Exeter, according to Geobear's Subsidence Map. Subsidence happens due to high clay levels in the soil. When this is combined with pressure from high population and buildings, this can cause all sorts of problems to properties. Properties in the city centre are more susceptible than those on the outskirts. However, it's still important to check through the report thoroughly to ensure that this won't be an issue for you.

    Exeter also has high radon gas levels with exposure ranging between 3-5%. Radon gas is radioactive and comes from the uranium decay in soil and rocks. While the gas levels are low when outside, radon gas can be dangerous in confined spaces such as houses and other buildings.

    Data taken from Get The Data and Geobear's Subsidence Map