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Pricing

Our pricing for residential conveyancing

Our fees cover all of the work required to complete the following matters:

  • The sale or purchase of a freehold residential property;
  • The sale or purchase of a leasehold residential property;
  • The mortgage or remortgage of your property.

This will include 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. You can calculate the amount of Stamp Duty or Land Tax payable using the links below.

Conveyancer’s fees and disbursements

Legal fees – On a sale or purchase our fee will be based on the purchase price being paid, as this can affect some of the information required.

The tables below give an indication of our fixed fee costs depending upon whether we are buying or selling a property for you, or dealing with a mortgage or a remortgage of your property:

Purchase Fees – Freehold Property

Purchase price up to Fixed Fee (exclusive of VAT)
£ £
125,000 495.00
200,000 550.00
250,000 575.00
300,000 595.00
350,000 625.00
400,000 650.00
500,000 725.00
600,000 825.00
700,000 925.00
800,000 950.00
900,000 975.00
>900,000 On request

 

Sale Fees – Freehold Property

Price up to Fixed fees (exclusive of VAT)
£ £
125,000 495.00
200,000 535.00
250,000 575.00
350,000 625.00
500,000 650.00
600,000 695.00
700,000 795.00
800,000 895.00
900,000 925.00
>900,000 On request

 

Purchase Fees – Leasehold Property

If the property being sold or purchased is leasehold, there will be additional work required to complete the transaction. Therefore, we charge an additional £100 (exclusive of VAT) in legal fees.

Price up to Fixed fees (exclusive of VAT)
£ £
125,000 595.00
200,000 635.00
250,000 675.00
350,000 725.00
500,000 750.00
600,000 795.00
700,000 895.00
800,000 995.00
900,000 1025.00
>900,000 On request

 

Sale Fees – Leasehold Property

Price up to Fixed fees (exclusive of VAT)
£ £
125,000 595.00
200,000 635.00
250,000 675.00
350,000 725.00
500,000 750.00
600,000 795.00
700,000 895.00
800,000 995.00
900,000 1025.00
>900,000 On request

 

Mortgage and Remortgage Fees

If we are handling your mortgage or a remortgage, we offer this service at a fixed fee of £350 (exclusive of VAT). We will not charge any additional fees for dealing with a mortgage if it relates to a purchase that we are carrying out for you.

Disbursements

Disbursements are costs related to your matter that are payable to third parties, such as Land Registry fees and search fees. We handle the payment of the disbursements on your behalf to ensure a smoother process. We only pass on those costs incurred by us from those third parties. We do not add any or our own charges to those disbursements. Some of the disbursements may attract VAT. The disbursements which we anticipate will apply are set out separately below. This list is not exhaustive and other disbursements may apply depending on the transaction.

HM Land Registry fee – These will be payable on a purchase or remortgage. We do not add any of our own costs on to your HM Land Registry fees. The cost of these is dependent on your purchase price and is set by HM Land Registry.

Search fees – On a purchase, mortgage or a remortgage we will also need to carry out searches. We do not add any of our own costs on to your search fees. The cost of these is dependent on the property, and the cost is that charged by the agency supplying the searches. You can expect to pay up to £350 (exclusive of VAT) for your searches, depending on your specific property’s requirements.

Electronic money transfer fee – We charge £54 (exclusive of VAT) per electronic transfer.
VAT payable – We will charge VAT on our legal fees and on any relevant search fees. You will pay VAT at the applicable rate in force at the time.

Anticipated disbursements

If we are dealing with the sale/purchase of a leasehold property for you, there may be additional disbursements depending on the terms of the lease as the lease may contain specific requirements which you will be responsible for. You may be asked to pay an additional cost for this which we will pass on, on your behalf, to the Landlord. We will update you on specific fees upon receipt and review of the lease:

Notice of Transfer fee – This fee if chargeable is set out in the lease. Often the fee is between £50.00 to £150.00.
Notice of Charge fee (if the property is to be mortgaged) – This fee is set out in the lease. Often the fee is between £50.00 to £150.00.
Deed of Covenant fee – This fee is provided by the management company for the property and can be difficult to estimate. Often it is between £100.00 to £300.00.
Certificate of Compliance fee – To be confirmed upon receipt of the lease, as can range between £100.00 to £300.00.

IIlustration (purchase of freehold property):

For a freehold purchase of a house in England for up to £125,000 the total estimated charges would be in the region of £1078 (exclusive of VAT) plus the Stamp Duty Land Tax payable to HM Revenue and Customs.

Other Costs

Stamp Duty Land Tax (for properties in England) or Land Transaction Tax (for properties in Wales) may also be payable on your transaction if you purchase or remortgage a property. The amount of tax payable depends on the purchase price of your property. You can calculate the amount you will need to pay by using HMRC’s website here or if the property is located in Wales by using the Welsh Revenue Authority’s website here. We will charge you additional legal fees of £50 (exclusive of VAT) for preparing and submitting your return for Stamp Duty Land Tax or Land Transaction Tax if it is payable. You will also pay VAT on this.

Help To Buy

If you are purchasing a property using the Help to Buy Scheme we will charge you an additional fee of £50 (exclusive of VAT) to cover the additional work required dealing with the Help to Buy paperwork. You will also pay VAT on this.

Fees may vary

Fees can vary from property to property and can on occasion be significantly more than the ranges given above. We can give you an accurate fee estimate once we have sight of your specific documents.

How long will my house purchase take?

How long it will take from your offer being accepted until you can move in to your house will depend on a number of factors. The average process takes between 8-12 weeks.

It can be quicker or slower, depending on the parties in the chain, whether you are purchasing a new build property, or whether you are buying a leasehold property (particularly where this may also require the extension of the lease).

How long will my mortgage or remortgage take?

How long it will take will depend on a number of factors. The average process takes between 8-12 weeks.

Stages of the process

The precise stages involved in a residential property transaction vary according to the circumstances. However, some of the key stages that may be included are as follows:

  • Take your instructions and give you initial advice.
  • Check finances are in place to fund any purchase and contact lender’s solicitors if needed.
  • Receive and advise on contract documents.Carry out searches.
  • Obtain further planning documentation if required.
  • Make any necessary enquiries of other party’s solicitors.
  • Provide a full report on all documents and information received.
  • Go through the conditions of any mortgage offer with you.
  • Send the final documents to you for signature.
  • Draft Transfer
  • Advise you on joint ownership.
  • Obtain pre-completion searches
  • Agree a completion date (date from which your transaction is finalised).
  • Exchange contracts and notify you that this has happened.
  • Arrange for all monies needed to be received from lender and you.
  • Complete the transaction.
  • Deal with payment of Stamp Duty Land Tax or Land Transaction Tax.
  • Deal with any application for registration at Land Registry.
Other Fee Details

Our fee estimates assume that:

  • this is a standard transaction and that no unforeseen matters arise including for example (but not limited to) a defect in title which requires remedying prior to completion or the preparation of additional documents ancillary to the main transaction.
  • If your property is leasehold, this is the assignment of an existing lease and is not the grant of a new lease
  • the transaction is concluded in a timely manner and no unforeseen complication arise
  • all parties to the transaction are co-operative 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. We will not charge you an additional fee for our time to put these policies in place for you.