Compare Property Conveyancing Solicitors in Reading

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Moving to Reading? Save on Your Property Conveyancing Costs

Looking for a conveyancer in Reading that you can trust? You’re in the right place. Compare My Move has a network of licensed conveyancers and conveyancing solicitors for you to compare and connect with. We can connect you with up to 6 conveyancers in Reading so you can save on your conveyancing fees.

We only work with highly-qualified, professional and regulated conveyancers in Reading. For your peace of mind, all of our conveyancers are regulated by either the SRA, CLC, LSS, LSNI or CILEx as part of our strict verification process. All partners are also closely monitored by our dedicated business team to ensure they perform to a high standard.

When buying a home in Reading, you’ll need to hire a reliable conveyancer to help you with the legal process. They will be responsible for explaining the legal jargon involved and will organise a number of important conveyancing searches to help uncover information about the property and its local area.

Our Reading Conveyancing Solicitors

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    FAQs About Conveyancing in Reading

    Our research shows that the average conveyancing costs in Reading are £1,390 when buying and £1,340 when selling. It takes approximately 149 days to complete the conveyancing process.

    Our research shows that there is a risk of flooding in Reading as the city is close to 2 rivers. There isn’t a high risk of radon gas in Reading but there is a high presence of clay soil which can cause subsidence if left unchecked. 

    Why Hire a Reading Conveyancer?

    The main role of your conveyancer is to help you through the legal side of the property sale. This includes explaining any complicated legal jargon and arranging the relevant searches.

    Over the last year, 2,652 existing properties were sold in Reading and 67 new builds, according to the UK House Price Index. Detached properties saw the largest increase in price, rising by 9.4% in November 2021 alone. It's advised you instruct a conveyancer as soon as an offer has been agreed to ensure a more efficient process. The conveyancing process includes:

    • Offer agreed
    • Conveyancing searches ordered (if buying)
    • Liaise with mortgage lender to finalise
    • Agree on the completion date
    • Check the contract and raise pre-contract enquiries
    • Exchange contracts
    • Completion day
    • Pay any Stamp Duty

    It's important to note that there may be additional steps to consider if you’re buying or selling a leasehold property.

    Data taken from UK House Price Index

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    How Much are Conveyancing Solicitor Fees in Reading?

    As Reading has an average house price of £385,656, the average conveyancing fees for buying a freehold property is £1,390. If you're purchasing a leasehold home, the price increases to £1,560. When selling property in Reading, the average conveyancing cost for a freehold home is £1,340, whilst for leasehold properties, the cost increases to £1,490.

    Your conveyancing costs will depend on a variety of factors, such as your location, whether you're buying or selling, and whether it's a freehold or leasehold property.

    As your final conveyancing cost will be made up of the conveyancer’s legal fee and conveyancing disbursements, you should also research the cost of the conveyancing searches in your local area. According to Reading’s Council website, a full Local Authority Search will cost £139.20 inc VAT.

    Data taken from Compare My Move’s Moving House Calculator

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    How Long Does Conveyancing Take in Reading?

    Our team discovered that the average length of the conveyancing process in Reading is 149 days. Despite this timescale being 10 days lower than the national average of 159 days, it still accounts for over half of the entire process.

    In total, the entire buying and selling process from the initial listing to completion, takes 264 days in Reading. This means that the majority of the transaction is taken up by the conveyancing process. However, it's important to note that this timescale will vary. The length of the process will depend on a variety of factors such as the difficulty of the case.

    Another factor that greatly affects the length of the conveyancing process is whether the property is freehold or leasehold. Buying and selling leasehold properties takes longer as additional steps must be taken. There will also be additional paperwork that your solicitor must complete.

    Data taken from Get Agent

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    What to Expect From Conveyancing Searches in Reading?

    To progress the conveyancing process, your solicitor will arrange conveyancing searches such as a Local Authority search, Environmental search and Water and Drainage search. The results of these will highlight any environmental or legal issues with the property and its surrounding area. Some searches will reveal the risk of flooding, subsidence, ground stability and radon gas.

    Due to Reading’s history of chalk mining, the ground would have been greatly impacted over the years, making the Environmental Search vital for assessing ground stability. However, despite this, Geobear’s UK Subsidence Map states that subsidence isn’t a major concern for many homeowners. The areas most affected will be the ones closest to London or those that have clay soil under the foundations.

    Another issues to consider is the risk of flooding. As Reading is within close proximity to both the River Thames and the River Kennet, it often experiences flood alerts, especially in streets such as Rose Kiln Lane and Brook Street West.

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

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