Conveyancing Fees

Residential Conveyancing Pricing

The prices referred to below are estimates of our fees for a standard, straightforward purchase or sale and assumes your property is already registered with the Land Registry. Our fees cover all of the work required to complete the sale or purchase of your new home, including dealing with registration at the Land Registry and dealing with the payment of Stamp Duty Land Tax (Stamp Duty) if the property is in England or Land Transaction Tax (Land Tax) if the property you wish to buy is in Wales.

If unforeseen matters are arising additional fees may be incurred, including for example (but not limited to): a defect in title which requires remedying before completion of the preparation of additional documents ancillary to the main transaction; This is the assignment of an existing lease and is not the grant of a new lease The transaction is concluded promptly and no unforeseen complication arises All parties to the transaction are cooperative and there is no unreasonable delay from third parties providing documentation No indemnity policies are required. Additional disbursements may apply if indemnity policies are required

Purchase Prices Fees Range

  • £0- £250,000 __________£850.00 +VAT
  • £250,001 – £500,000 ___£1,050.00 +VAT
  • £500,001 – £750,000 ___£1,250.00 +VAT)
  • £750,001 – £1 million___£1,500.00 +VAT
  • £1 million + ___________1% of the sale price +VAT

Please note the above range prices are just a guide and you will receive a quote upon taking your instructions.

Additional Costs

For example; Fee for completion of stamp duty forms of £100.00 +VAT Bank transfer fee £35.00 +VAT

Disbursements (expenses)

There will be additional expenses that generally will apply as follows: Stamp duty, where applicable, will also be payable.

You may calculate the sum due at https://www.gov.uk/stamp-duty-land-tax.

Local Search average fees – between £300.00 – £500.00 +VAT (dependent on the Local Authority) which includes local authority, water and drainage, environmental and chancel

Land Registry search fees ranging from £3.00 – £12.00

Land Registry registration fees generally between £20.00 to £500.00 dependent on the purchase price

Bankruptcy search – £2 for each name

Priority search – £3

Fees to management company/landlord’s solicitors (leasehold properties)

i) Notice of transfer fee (usually between £150- £300) +VAT and the exact figure is dependent on the Landlord/Management Company fees list.

ii) Notice of charge fee (mortgaged property) usually between £150 – £300 +VAT

iii) Deed of covenant fee – estimates vary depending on the management company but usually between £250 – £500 +VAT

iv) Certificate of Compliance fee – estimates vary depending on the management company but usually between £100 – £300 +VAT

Sale Prices Range

  • £0- £250,000 _____________£750.00 +VAT
  • £250,001- £500,000 ______£1000.00 +VAT
  • £500,001 – £750,000______£1,250.00 +VAT
  • £750,001 – £1,000,000____£1,500.00 +VAT
  • £1 million + _____________1% of the sale price +VAT

Please note the above prices are just a guide and you will receive a quote upon taking your instructions.

Additional Costs

For example; Bank transfer fee £35.00 +VAT

Disbursements (expenses)

There will be additional expenses that generally will apply as follows: Land Registry office copy entries £6 (freehold) £12 (leasehold)

Fees to management company/landlord’s solicitors (leasehold properties)

i) Deed of covenant fee – estimates vary depending on the management company but usually between £250 – £500 +VAT

ii) Certificate of Compliance fee – estimates vary depending on the management company but usually between £100 – £300 +VAT

iii) Management company pack – this is sent by the management company to the seller’s solicitors and can take some time to be produced. Cost varies significantly between different management companies but can usually range between £300 – £500+VAT

iv) Resale/LPE1 pack/management company pack – £300.00 – £500.00 +VAT and the exact figure is dependent on the Landlord/Management Company fee list

Remortgage Prices Range

£500 – £850 +VAT Please note the above prices are just a guide and you will receive a quote upon taking your instructions.

Additional Costs

For example; Bank transfer fee £35.00 +VAT

Disbursements (expenses)

There will be additional expenses that generally will apply as follows:

Local Search average fees – between £300.00 – £500.00+VAT (dependent on the Local Authority) which includes local authority, water and drainage, environmental and chancel

Land Registry search fees ranging from £3.00 – £11.00

Land Registry registration fees generally between £20.00 to £500.00 dependent on the purchase price

Bankruptcy search – £2 for each name

Priority search – £3

Fees to management company/landlord’s solicitors (leasehold properties)

i) Notice of charge fee (mortgaged property) usually between £150 – £300 +VAT Additional fees will apply for the below type of instructions

FAQ’s

How long will my house purchase take?

How long it will take from your offer being accepted until you can move into your property depends on a number of factors. The average process takes from eight to sixteen weeks, with leasehold transactions taking a further three to four weeks.

It can be quicker or slower, depending on the parties in the chain. For example, if you are a first-time buyer, purchasing a new build property with a mortgage in principle could take 16 – 20 weeks. However, if you are buying a leasehold property that requires an extension of the lease, this can take significantly longer, between three and eight months. In such, a situation additional charges would apply.

Stages of the process

The precise stages involved in the purchase of a residential property vary according to the circumstances.

However, below we have outlined the main key stages for your information:

Take your instruction and give you initial advice Check finances are in place to fund purchase and contact lender’s solicitors if needed Receive and advise on contract documents

  • Carry out searches
  • Obtain further planning or other relevant documentation if required
  • Make any necessary enquiries of seller’s solicitor
  • Give you advice on all documents and information received
  • Go through conditions of mortgage offer with you
  • Send final contract to you for signature
  • Agree on completion date (date from which you own the property)
  • Draft Transfer
  • Exchange contracts and notify you that this has happened
  • Advise you on joint ownership
  • Obtain pre-completion searches
  • Arrange for all monies needed to be received from the lender and you
  • Complete purchase
  • Deal with payment of Stamp Duty or Land Tax
  • Deal with application for registration at Land Registry

Please contact our Residential Team on 01708 398851 or via our enquiry form to provide details of your transaction and to receive our estimate of fees.


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