Are There Conveyancing Firms That Offer a No Move, No Legal Fee Guarantee?

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Yes, Muve offers a “No Move, No Legal Fee” guarantee. Other conveyancing firms offer their own unique guarantees, which come in various policies, including “no sale, no fee” or “no completion, no fee.” 

How the guarantee works 

Muve’s “No Move, No Legal Fee” guarantee means if your property purchase or sale fails to reach completion, you will not be charged the quoted legal fee. However, it is essential to note that this only applies to the professional fee, which covers the conveyancer’s time and legal work. This includes drafting and reviewing contracts, preparing documents, and communicating with parties to the transaction (e.g., the other party’s solicitor and lender). 

The guarantee does not cover disbursement fees, which are third-party payments made by the conveyancer on your behalf to complete the property transaction. These fees are non-refundable because the money was already spent to process a document or render a service. Among the disbursement fees are (but not limited to): 

• Property searches paid to City Councils for local authority, environmental and water searches. 

• Land registry fees paid to access title deeds or register a new property ownership. 

• Stamp Duty Land Tax (SDLT) paid to the government after completion. 

When choosing a conveyancing company to work with, always ask for a list of these disbursement fees. Even if they offer a “No Move, No Legal Fee” guarantee, you want to ensure transparency about the fees you pay.  

Some conveyancing firms charge a small upfront fee to cover initial searches. These are usually deducted from the final bill and detailed in the completion statement. 

Why is a guarantee needed? 

The purpose of this guarantee is to minimise the risk of incurring legal fees if a property transaction fails to complete, especially for more complex transactions such as leasehold or property chain deals. 

This financial protection makes the transaction less stressful for first-time buyers, giving them the confidence to proceed despite the costly, intimidating nature of buying or selling property. 

It also serves as an incentive, so conveyancing solicitors work efficiently to complete the transaction. At Muve, we are confident in this guarantee because our proactive approach to chasing information, gathering requirements, and resolving issues ensures transactions keep moving until completion.

This leads to a faster conveyancing experience for you. 

Why property transactions fall through 

Reports reveal that 530,000 property transactions fail each year in England and Wales. There are many reasons why this could happen. 

• The buyer rescinds or lowers (gazundering) their offer 

• The buyer can’t get a mortgage approval 

• The seller gets a higher offer (gazumping) 

• A broken chain (e.g. a buyer can’t sell their property to pay for a new one) 

• A bad property survey 

• Conveyancing delays 

If a property transaction falls through, contact the conveyancer to confirm which disbursement fees have been released. Request for a complete documentation of expenses paid to ensure all areas are covered and any upfront payments returned. 

Which firms offer a “No Move, No Legal Fee” guarantee? 

Many online conveyancers and traditional high-street solicitors offer this guarantee. It has become a standard offer that attracts both buyers and sellers, despite the competitive nature of the conveyancing industry. 

When searching for a conveyancing solicitor, don’t just look for an offer of a “no move, no fee” policy. Make sure you scrutinise the terms and conditions surrounding that offer. Compare different policies and service offers to ensure you get the right financial protection and security. 

Muve’s “No Move, No Legal Fee” policy guarantees a quick and efficient conveyancing process. We offer 2 types of conveyancing services. Move Forward targets an exchange in 16 to 18 weeks, which is four times faster than the industry average. Our Muve Lightspeed service aims for a superfast exchange in 5 to 8 weeks, and we achieve a 70% success rate for this service. 

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