Lords Solicitors, where our property experts specialize in both commercial and residential conveyancing to offer you the best support for your buying or selling needs. Conveyancing might sound complex, but it’s simply the process of transferring property ownership, whether it’s a warehouse, office, residential home, or land. Our team covers all legal aspects, from planning restrictions to fixtures and fittings, ensuring thorough searches to avoid future surprises.
The conveyancing process comprises three key stages. First, it’s essential to conduct due diligence before exchanging contracts, involving surveys, legal checks, and restriction verifications. Once all checks are satisfactory, an exchange date is scheduled, with a 10% deposit paid to the seller. The completion date is set to secure your deposit and avoid compensation claims. The conveyancing process comprises three key stages. First, it’s essential to conduct due diligence before exchanging contracts, involving surveys, legal checks, and restriction verifications. Once all checks are satisfactory, an exchange date is scheduled, with a 10% deposit paid to the seller. The completion date is set to secure your deposit and avoid compensation claims.
With our expertise in property law, we handle everything from remortgaging to commercial property acquisitions and leasehold agreements. We prioritize speed, smoothness, and transparency, keeping you well-informed throughout the process. For a consultation with our conveyancing team, call us at +44 208 518 2226 today.
Our fee includes all tasks essential for completing the property purchase, such as managing registration with the Land Registry and overseeing the payment of Stamp Duty Land Tax. For a breakdown of services and their key stages, see below.
Area | Price Starting From* |
Freehold Sale | £1200.00 Excl VAT @ 20% |
Freehold Purchase (Excluding acting for the lender) | £1500.00 Excl VAT @ 20% |
Leasehold Sale | £1300.00 Excl VAT @ 20% |
Leasehold Purchase | £1500.00 Excl VAT @ 20% |
Re-mortgages and Bridging Finance Matters | £1700.00 Excl VAT @ 20% |
Our fee includes all tasks essential for completing the property purchase, such as managing registration with the Land Registry and overseeing the payment of Stamp Duty Land TaOur fees are exclusive of any disbursements, which are costs associated with your transaction that must be paid to third parties, such as Searches or HM Land Registry fees. Disbursements may be accrued on a case by case basis, with different disbursements for different cases. Typically, you may be expected to pay the following disbursements (Please note that the fees above are estimates and fees may vary on a case by case basis):x.
For a breakdown of services and their key stages, see below.
Disbursements | Approximate costs for the standard disbursements: |
Search fees | £400 – £500 plus VAT @ 20% |
Land Registry Fee | £20 – £1105 |
Bank transfer fee | £1 – £25 |
AML search on client | £10 – £20 |
Bankruptcy search on client | £5 – £10 |
Notice of charge/transfer (leasehold only) | £75 – £100 plus VAT @ 20% |
Information about services included and key stages
The specific steps in buying a residential freehold or leasehold property can differ based on the situation. Below are the main services included within your legal fee and the key stages of the transaction:
– conduct anti-money laundering checks as required by law
– gather your instructions and provide initial advice
– ensure finances are ready for the purchase and reach out to the lender’s solicitors if necessary
– receive and review contract documents
– perform necessary searches
– obtain additional planning documents if needed
– make any essential inquiries with the seller’s solicitor
– advise you on all received documents and information
– review the conditions of the mortgage offer
– send the final contract to you for your signature
– agree on the completion date (the date you officially own the property)
– exchange contracts and inform you when this occurs
– prepare the transfer and arrange for your signature on the completion documents
– advise you on joint ownership matters
– conduct pre-completion searches
– ensure all funds are received from the lender and you
– finalise the purchase
– handle the payment of Stamp Duty/Land Tax
– manage the application for registration at HM Land Registry
The specific steps in selling a residential freehold or leasehold property can differ based on the situation. Below are the main services included within your legal fee and the key stages of the transaction:
– conduct anti-money laundering checks as required by law
– gather your instructions and provide initial advice
– obtain and review relevant property documents
– Review Heads of Terms and confirm details
– prepare and send the contract documents to the buyer’s solicitor
– respond to any inquiries from the buyer’s solicitor
– advise you on all received documents and information
– agree on the completion date (the date the property transfers to the buyer)
– exchange contracts and inform you when this occurs
– prepare for completion and ensure all necessary documents are ready
– handle the payment of any outstanding mortgage or charges
– finalise the sale and transfer ownership to the buyer
Mr. Muhammad Naeem Butt
Senior Partner | Lords Solicitors
Mr. Muhammad Naeem Butt is a distinguished Senior Partner at Lords Solicitors, bringing over 17 years of extensive legal experience to the firm. As one of the founding members, Mr. Butt has played a pivotal role in the growth and success of Lords Solicitors, steering the firm towards becoming a trusted name in the legal industry.
Mr. Butt holds an impressive academic background, with a Bachelor of Laws (LLB) and a Master’s in Politics from the prestigious Punjab University, Pakistan, and an LLM from the University of West London. His educational accomplishments, coupled with years of practical experience, have positioned him as a highly respected legal expert in his field.
At Lords Solicitors, Mr. Butt leads the Conveyancing, Family Law, Litigation, and Immigration Departments, offering a wide range of legal services. His expertise spans across Commercial and Residential Conveyancing, complex litigation, and immigration law, making him a versatile legal advisor. Mr. Butt’s client-centric approach ensures that his advice is tailored to meet the specific needs of each individual or business, helping them navigate through the intricacies of property law, family disputes, immigration matters, and litigation.
Mr. Butt’s ability to provide clear, strategic, and practical advice has earned him a reputation for successfully handling complex high-value property transactions, dispute resolution cases, and immigration issues. He has represented clients in High Court cases, managing intricate disputes with a focus on achieving favorable outcomes, and has successfully assisted clients with various immigration matters, including visa applications, appeals, and citizenship issues.
Whether dealing with high-net-worth individuals or corporate clients, Mr. Butt’s vast experience across multiple legal sectors makes him an invaluable asset to his clients. His leadership and deep understanding of the legal landscape continue to drive Lords Solicitors’ vision of delivering outstanding legal services.
Specializations:
Commercial Conveyancing
Residential Conveyancing
Litigation
Immigration Law
High Court Litigation
Family Law & Dispute Resolution
Education:
LLB (Law) – Punjab University, Pakistan
Bar at Law- Lincoln’s Inn (Unregistered)
Master’s in Politics – Punjab University, Pakistan
LLM – University of West London
For expert legal advice and representation, contact Mr. Muhammad Naeem Butt at Lords Solicitors Admitted as a solicitor: 15/02/13
SRA ID 422067 | SRA Regulated
Telephone: 02085182226
Email: butt@lordssolicitorsllp.co.uk
Raji Vishwanath
Mr Raji Vishwanath serves as a Senior Partner at the firm and is a dedicated lawyer with over 20 years of experience in various areas of law. He specializes in Civil, Property, Commercial, Criminal, Family Law, and Litigation. Raji draws on his extensive knowledge from his background in the corporate sector to benefit clients. He offers clear, straightforward advice and is known for being friendly, approachable, and always ready to assist.
Solicitor Admitted as a solicitor: 15/07/99
SRA ID 304092 | SRA Regulated
Telephone: 02085182226
Email: info@lordsolicitors.co.uk
Ms Gimhani
Mrs Gimhani Jayasundera is a Partner and lawyer with over 11 years of experience as a conveyancing solicitor in the UK and has been with the Lords Solicitors team since 2005. A graduate of the University of Colombo, Sri Lanka, she previously worked with leading lawyers in her homeland. Gimhani specializes in residential and commercial property law, managing all aspects of freehold and leasehold acquisitions, including sales, purchases, lease preparations, lease extensions, and refinancing of commercial properties for both lenders and borrowers.
She has collaborated with a wide range of clients, including private individuals, corporate landlords, developers, and foreign investors, advising on numerous complex and high-value transactions. Known for her accessibility, Gimhani provides timely advice and solutions tailored to her clients’ needs. She is committed to delivering the highest quality of service and has a strong understanding of high-value residential and commercial property transactions.
Solicitor Admitted as a solicitor: 15/04/08
SRA ID 469871 | SRA Regulated
Telephone 02085182226
Email: Gimhani@lordssolicitors.co.uk
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Buying or selling a property?
We understand that buying or selling a commercial or residential property can be a stressful process. That is why we do everything we can to bring confidence, certainty, and drive to every conveyancing transaction we undertake. Our team of conveyancing solicitors have many years’ experience in providing first-class legal advice and support – making sure that commercial or residential conveyancing transactions proceed according to required timescales, on budget and as smoothly as possible.
Residential Conveyancing
Lords Solicitors provide a friendly and efficient service and will assist you in every step along the way in the purchase, mortgage, or sale of your home. We act for clients in all aspects of property transactions:
First time buyers
Investors
Holiday homes
Letting agreements
Refinancing
We appreciate that moving home can be a stressful experience and we go to great lengths to make the transaction as smooth as possible for you. Our aim is to ensure that you are kept fully informed throughout the process.
Lords Solicitors offers advice and assistance on a range of different issues related to commercial property purchase and sales which is also known as commercial conveyancing. We offer our expert legal advice and services for the sale and acquisition of multi-tenanted commercial properties in managed estates. We are available for the sale and acquisition of prime development land.
We are available for pre-contract negations for purchase or sale of a commercial property or site.
Lords Solicitors can advise clients when they are preparing and reviewing (FRI) leases of commercial properties at full market rates.
Lords Solicitors can represent landowners during the sale to local authorities of a property when compelled under a compulsory purchase order.
Good communication is key to a successful and smooth conveyancing transaction. That is why at Lords Solicitors we provide you with a single dedicated conveyancing solicitor acting for you throughout the transaction. You will have their direct contact details so that you will easily be able to contact them and be clear as to how your case is progressing. We are also proactive in contacting you to make sure that you are kept up to date at each stage of the process. We pride ourselves on being approachable and always contactable.
The average time between instructing your solicitor and moving in is 10-12 weeks but many transactions proceed more quickly and some, more slowly!
To avoid the risk and cost of owning two houses people usually elect to buy and sell simultaneously. A number of linked transactions therefore arise, each dependent on the other and exchange of contracts must take place simultaneously in all transactions meaning that the speed of progress is dictated by the slowest link in the chain.
If you are selling speak to your solicitor before you put your house on the market. If you are buying make contact before making an offer.
Do some initial research before you view properties. There are thousands of different mortgages on the market and you need time to find out which one is best for you. You can obtain a mortgage in principle from most lenders before finding a particular property.
Once contracts are exchanged a legally binding agreement arises and neither party can back out. Until that point either party may withdraw.
A completion date is the date on which you move into your new property and vacate the old one. The agreed completion date is written into the contract and exchange of contracts is the point at which the seller and buyer agree to commit themselves unconditionally to the transaction.
It is a set of standard enquiries that your solicitor raises with the local council. It relates solely to the property itself and would not, for example, reveal proposals to develop or extend neighbouring land or property. The local council charge a fee “the local search fee” which your solicitor collects from you and pays to them when the search is done.
Enquiries can be made with the local planning office to check whether planning permission has been granted.
Yes. Builder’s solicitors usually pre-package legal work and often the developer will allow you to exchange contracts conditionally upon the sale of your own property. Speak to your solicitors as soon as possible to agree a timetable for exchange.
It is possible to apportion the price between the bricks and mortar and the fixtures and fittings. There are a number of rules but the basic one is that any apportionment has to be an accurate reflection of the true price of the items involved.
Property or lease premium or transfer value SDLT rate Up to £125,000 Zero, £125,001 to £250,000 2%, £250,001 to £925,000 5%, £925,001 to £1.5 million 10%, Above £1.5 million 12% . Do I need to have a survey? If you are taking out a mortgage your lender will require a valuation but this is not a survey and is for the lender’s benefit, not yours. It is always sensible to have your own independent survey. Your solicitor can recommend a good local surveyor.
Expert Legal Services
Lords Solicitors is the trading name of Lords Solicitors LLP. The company is registered at Companies House in England and Wales. Registered No. OC328462. Registered Address: 110 Goodmayes Road, Ilford, Essex, IG3 9UZ, UK.
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