If you’re looking for a trusted and professional conveyancer to help with your purchase or sale in Liverpool, look no further. Compare My Move can connect you with up to 5 licensed conveyancers or conveyancing solicitors in Liverpool, helping you to save up to 70% on your conveyancing fees.
At Compare My Move, we only match you with licensed conveyancers and conveyancing solicitors. They must all pass our strict verification process and will all be regulated by the SRA, CLC, LSS, LSNI or CILEx before they can work with us. We only work with the best conveyancers in Liverpool.
When buying a house in Liverpool, it’s important you hire a conveyancer to help with the legal process. They will be responsible for organising important conveyancing searches that look into the local authority and the land on and around the property. They will also explain any legal jargon and guide you through the process.
Your conveyancer will be responsible for taking care of the entire legal side of the transaction. This means they will explain any legal jargon you're unsure of, complete all the relevant paperwork and ensure the contracts are officially signed.
According to the UK House Price Index, around 5,672 existing properties were sold in Birmingham over the last year and 133 new build properties. Terraced houses saw the biggest yearly difference in price in June 2021, increasing by 19.5%.
As there are a variety of steps involved in the conveyancing process, the length of time it takes to complete will vary depending on a variety of factors such as the difficulty of the case and the location of the property. The stages of the conveyancing process include:
Please note that additional steps may be added if you’re buying or selling a leasehold or Help to Buy property.
Data taken from UK House Price Index
Liverpool's average house price is £167,058. With this in mind, the average conveyancing fees when buying a freehold property is £1,190. This increases to £1,370 when purchasing a leasehold home. When selling, the average cost for a freehold home is £1,140 and £1,310 for a leasehold property.
Whilst the final total will vary, your conveyancing costs will be based on the value of the property you're buying or selling. Other factors will also affect the cost, such as your location and the difficulty of your case.
The final cost will be made up of the conveyancer’s legal fee as well as the relevant conveyancing disbursements. If you're buying property, this will include Land Registry fees and the cost of the property searches. According to the Liverpool’s City Council website, the cost of a full local authority search is £87 inc VAT.
Data taken from Compare My Move’s Moving House Calculator
According to our research, the conveyancing process takes around 153 days to complete in Liverpool. As the entire buying process takes approximately 269 days from the initial listing to completion, the conveyancing process takes up over half of the entire timeline. However, the average recorded in Liverpool is 3 days shorter than the national average of 156 days.
It should be noted that conveyancing in the city will take longer if you're buying or selling a leasehold property. The reason for this is because the transactions often include additional paperwork and thus a bigger workload.
On average, conveyancing takes around 8-12 weeks to complete in the UK. However, a variety of factors will affect the length of the process such as the location, the specific conveyancer chosen and the difficulty of the case.
Data taken from Get Agent
Another responsibility your conveyancer will take on is organising the relevant conveyancing searches. This will include a Local Authority search, an Environmental search and a Water and Drainage search. The results of these will reveal any risks of flooding, subsidence, ground instability and radon gas in the area.
Liverpool is the fourth-highest risk city in the UK for surface water flooding. According to The Flood Hub, there are 840 properties at high risk of surface water and 220 properties at high risk of river and sea flooding. Homes built near River Mersey, East Float and West Float pose a great threat to flooding, in particular, homes in Duke Street and Tower Road.
Liverpool’s industrial history means the city’s ground would have been impacted throughout time. Your conveyancer will also be responsible for organising a ground stability search to reveal any issues that could affect your property. Fortunately, Liverpool has a small risk of subsidence as shown on GeoBear’s UK Subsidence Map.