Our Residential Conveyancing fees are as follows:
Every transaction is different, which is why we encourage you to contact us so that we can provide you with a detailed estimate of all the fees that would be applicable in your particular circumstances. We will update you regularly on your costs throughout the matter so you can stay in control throughout.
All fees, additional fees and disbursements are excluding VAT.
Our fees for the sale of a property:
Sale Price |
|
| £0 - £100,000.00 | £595.00 + VAT |
| £100,001.00 - £250,000.00 | £745.00 + VAT |
| £250,001.00 - £500,000.00 | £845.00 + VAT |
| £500,001.00 - £750,000.00 | £945.00 + VAT |
| £750,001.00 - £1,000,000.00 | £1045.00 + VAT |
| £1,000,001.00 + | 0.15% of the Sale price + VAT |
The usual disbursements on a sale are as follows:
- Official copies per document - £7.00
Our fees for the purchase of a property:
Purchase Price |
|
| £0 - £100,000.00 | £595.00 + VAT |
| £100,001.00 - £250,000.00 | £745.00 + VAT |
| £250,001.00 - £500,000.00 | £845.00 + VAT |
| £500,001.00 - £750,000.00 | £945.00 + VAT |
| £750,001.00 - £1,000,000.00 | £1045.00 + VAT |
| £1,000,000.00 + | 0.15% of the Purchase Price + VAT |
The usual disbursements on a purchase are as follows:
- Pre Exchange searches to include Local Authority search, drainage and water search, environmental report and coal mining report if required – approximately £350.00 – the costs of searches differ from area to area
- Bankruptcy searches per person - £5.00
- Land Registry search (pre-completion) - £7.00
- Land Registration Fee depends on the value of the Property - HM Land Registry: Registration Services fees - GOV.UK
Additional fees that may be applicable:
- Leasehold Flat Supplement: £200.00 + VAT
- Leasehold House Supplement: £100.00 + VAT
- Newbuild Supplement: £200.00 + VAT
- Shared Ownership Supplement: £200.00 + VAT
- SDLT admin fee: £75.00 + VAT
- Deed of Covenant: £100.00 + VAT
- Arranging an Indemnity Policy: £50.00 + VAT
- Purchase Acting for Lender: £150.00 + VAT
- Sale Acting for Lender: £75.00 + VAT
- Transfer of Equity Fee: £75.00 + VAT
- Defective Title Fee: £100.00 + VAT
- Checking Solar Panel Lease: £75.00 + VAT
- Unregistered Fee: £150.00 + VAT
- Statutory Declaration Fee: £50.00 + VAT
Re-Mortgage fees:
Re-mortgage Value |
Fee: |
| £0 - £250,000.00 | £650.00 + VAT |
| £250,001.00 - £500,000.00 | £750.00 + VAT |
| £500,000.00 - £750,000.00 | £850.00 + VAT |
| £750,001.00 + | Provided on request |
Please contact us so that we can provide you with an individual quote based on your specific circumstances.
Work included and key stages of our fixed fee conveyancing services
The precise work and stages involved in the sale of a residential property vary according to the circumstances. However, we have set out the key stages involved in a typical sale transaction:
- Take your instructions and give you initial advice.
- Check the title of the property you are selling.
- Prepare documents, the contract of sale and deeds relating to your sale.
- Dealing with questions and enquiries raised by your buyer(s)’ solicitors.
- Reporting and providing information to you relating to the property you are selling.
- Exchanging contracts following any necessary negotiations on the terms.
- Approving the transfer deed from the buyer(s)’ solicitors.
- Completing your sale and accounting to you for the proceeds or receiving from you any monies required to complete the sale.
- Dealing with all post-completion matters, particularly repaying any outstanding mortgages or loans.
Services excluded
Our fixed fee conveyancing service will not include any of the following:
- Advice on the value of the property.
- A physical inspection of the property.
- Advice on any planning implications unless instructed to do so which may be subject to additional charges.
- Checks on the property to ensure that it has been built in accordance with any planning permissions granted.
- Advice on any search result findings that identify contaminated land, fracking sites, or other environmental issues.
- Advice on tax or other accounting matters.
Approximate/ average timescales
How long it will take from the date you instruct your solicitor until the sale is completed, will depend on several factors. However, the average process takes around 12-16 weeks but can take longer for a leasehold property.
It can be quicker or slower depending on the parties in the chain and the efficiency of third parties involved in the sale such as the buyer’s solicitors, the solicitors representing other buyers and sellers in the chain, your buyer’s bank if they are taking out a mortgage, search providers and the relevant local authority to conduct your buyer’s local search.
Factors that could increase costs
In some circumstances, we may increase our fees to account for additional time, work or skill required to meet your instructions. Examples include:
- If there is a defect in the property title which requires remedying prior to completion.
- If we are required to discharge more than one mortgage or loan on the property.
- If we are required to obtain retrospective approval to any alterations to property or obtain an insurance indemnity policy in relation to any problem concerning the transaction.
- If a chief rent or ground rent is payable and you do not provide an up to date rent receipt.
