Sale of a Freehold Residential Property

SALE PRICEOUR FEESVAT ON FEESAML SEARCH (per person)OFFICIAL COPIESTT FEEADDITIONAL FEES FOR MORTGAGEVAT ON MORTGAGEADDITIONAL FEES FOR UNREGISTERED LANDVAT ON UNREGISTERED LAND
Up to £200,000£600.00£120.00£5.95£6.00 (plus an additional £3.00 per document required)£48.00£50.00£10.00£150.00£30.00
Up to £300,000£700.00£140.00£5.95£6.00 (plus an additional £3.00 per document required)£48.00£50.00£10.00£150.00£30.00
Up to £400,000£750.00£150.00£5.95£6.00 (plus an additional £3.00 per document required)£48.00£50.00£10.00£150.00£30.00
Up to £500,000 £800.00£160.00£5.95£6.00 (plus an additional £3.00 per document required)£48.00£50.00£10.00£150.00£30.00

Table of our fees for a sale transaction: – Our fees in the table above assume the following: – – That this is a standard transaction without any defect in title -This is a transaction with one mortgage to be redeemed -The transaction is concluded in a timely manner and no unforeseen complication arises -All parties to the transaction are co-operative and there is no unreasonable delay from any parties in providing information or communicating -No indemnity policies are required. Additional disbursements may apply if they are required. If the transaction has more than one mortgage/charge to be redeemed, an additional £100.00 plus VAT will apply. Our fees cover all the work required to complete the sale of your property. Time scales –The time it takes for a transaction to proceed from an accepted offer to completion varies in each case. Our conveyancing team aims to complete matters as expeditiously as possible, but unfortunately a specific timescale cannot be given as there is no certainty in timescales when there are other parties involved. Stages of the process – The precise stages involved vary according to the circumstances. However, the key stages include: –

  • Sending a quote for our fees, taking your instructions and giving initial advice
  • Sending our instruction pack to you for completion
  • Checking your redemption figure (if applicable)
  • Drafting contract documentation and sending it to the purchaser’s solicitor
  • Responding to enquiries from the purchaser’s solicitor and corresponding with you on any you may need to answer
  • Sending final contract documentation to you for signature
  • Agreeing a completion date (and with multiple parties where there is a chain)
  • Gaining your authority for exchange of contract, exchanging contracts with the purchaser’s solicitor and notifying you of the same
  • Getting a final redemption figure to repay any mortgages and charges (if applicable)
  • Completing on the sale
  • Redeeming a mortgage/charges (if applicable) and sending net sale proceeds to you
  • Sending Transfer and title deeds to purchaser’s solicitor to enable them to register the same

Conveyancing fees and disbursements – Please note disbursements are costs related to your matter that are payable to third parties, such as Official Copies to HM Land Registry. We handle the payment of the disbursements on your behalf to ensure a smoother process. Purchase of a freehold residential property

PURCHASE PRICEOUR FEESVAT ON FEESAML SEARCH (per person)PROPERTY SEARCH PACKAGETT FEEADDITIONAL FEES FOR MORTGAGEVAT ON MORTGAGEADDITIONAL FEES FOR UNREGISTERED LANDVAT ON UNREGISTERED LANDLAND REGISTRY SEARCH FEE (per lender)BANKRUPTCY SEARCH FEE (per person)LAND REGISTRY REGISTRATION FEE (for new build and transfer of part LR fee is double)
Up to £200,000£600.00£120.00£5.95£120.00£48.00£100.00£20.00£150.00£30.00£3.00*£2.00£40.00 (Up to £100,000) £95.00 (Up to £200,00)
Up to £300,000£700.00£140.00£5.95£120.00£48.00£100.00£20.00£150.00£30.00£3.00*£2.00£135.00
Up to £400,000£750.00£150.00£5.95£120.00£48.00£100.00£20.00£150.00£30.00£3.00*£2.00£135.00
Up to £500,000 £800.00£160.00£5.95£120.00£48.00£100.00£20.00£150.00£30.00£3.00*£2.00£135.00

Table of our fees for a purchase transaction: – *Under certain circumstances this may change but you will be advised where necessary

  1. Stamp Duty Land Tax may also be payable

Our fees in the table above assume the following: – – That this is a standard transaction without any defect in title – This is a transaction with one mortgage – The transaction is concluded in a timely manner and no unforeseen complications arise – All parties to the transaction are co-operative and there is no unreasonable delay from any parties in providing information or communicating – No indemnity policies are required. Additional disbursements may apply if they are required. If the transaction has more than one mortgage/charge or is purchased with a Help to Buy mortgage,an additional £100.00 plus VAT will apply. For transactions were a Help to Buy ISA is being used an additional £50.00 plus VAT will apply. If the transaction is registering part of a title the Land Registry fee is double what is shown in the table above – please note this is a disbursement. Time scales – The time it takes for a transaction to proceed from an accepted offer to completion varies in each case. Our conveyancing team aims to complete matters as expeditiously as possible, but unfortunately a specific timescale cannot be given as there is no certainty in timescales when there are other parties involved. Stages of the process – The precise stages involved vary according to the circumstances. However, the key stages include: –

  • Taking your instructions and giving initial advice
  • Checking finances are in place to fund the purchase
  • Receiving and advising on the Contract package
  • Carry out searches
  • Raising enquiries
  • Giving advice on all documents and replies to enquiries and providing a Contract report
  • Reporting on the mortgage offer
  • Sending final contract documentation to you for signature
  • Agree a completion date
  • Exchange contracts and notify you that this has happened
  • Arrange for all monies needed to be received from both the lender and yourself
  • Complete purchase
  • Deal with the payment of Stamp Duty Land Tax
  • Make application for registration at the Land Registry
  • Deal with registration documents once received

Conveyancer’s fees and disbursements – Please note disbursements are costs related to your matter that are payable to third parties, such as Land Registry fees. We handle the payment of the disbursements on your behalf to ensure a smoother process. Stamp Duty Land Tax depends on the purchase price of your property. You can calculate this using HMRC’s website https://www.tax.service.gov.uk/calculate-stamp-duty-land-tax/#/intro Purchase of a leasehold residential property *Under certain circumstances this will be doubled

  1. Stamp Duty Land Tax may also be payable

Table of our fees for a leasehold residential purchase: –

PURCHASE PRICEOUR FEESVAT ON FEESAML SEARCH (per person)PROPERTY SEARCH PACKAGETT FEEADDITIONAL FEES FOR MORTGAGEVAT ON MORTGAGEADDITIONAL FEES FOR UNREGISTERED LANDVAT ON UNREGISTERED LANDLAND REGISTRY SEARCH FEE (per lender)BANKRUPTCY SEARCH FEE (per person)LAND REGISTRY REGISTRATION FEE (for new build and transfer of part LR fee is double)
Up to £200,000£700.00£140.00£5.95£120.00£48.00£100.00£20.00£150.00£30.00£3.00*£2.00£40.00 (Up to £100,000) £95.00 (Up to £200,00)
Up to £300,000£800.00£160.00£5.95£120.00£48.00£100.00£20.00£150.00£30.00£3.00*£2.00£135.00
Up to £400,000£850.00£170.00£5.95£120.00£48.00£100.00£20.00£150.00£30.00£3.00*£2.00£135.00
Up to £500,000 £900.00£180.00£5.95£120.00£48.00£100.00£20.00£150.00£30.00£3.00*£2.00£135.00

If an extension of the lease is required additional charges will apply. Our fees in the below table above assume the following: – – That this is a standard transaction without any defect in title – 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 arises – All parties to the transaction are co-operative and there is no unreasonable delay from any parties in providing information or communicating – No indemnity policies are required. Additional disbursements may apply if they are required.   Time scales – The time it takes for a transaction to proceed from an accepted offer to completion varies in each case. Our conveyancing team aims to complete matters as expeditiously as possible, but unfortunately a specific timescale cannot be given as there is no certainty in timescales when there are other parties involved. If the property requires an extension of the Lease this can make the transaction significantly longer. Stages of the process – The precise stages involved vary according to the circumstances. However the key stages include:

  • Taking your instructions and giving initial advice
  • Checking finances are in place to fund the purchase
  • Receiving and advising on the Contract package including the Lease
  • Carry out searches
  • Raising enquiries and drafting the Transfer
  • Giving advice on all documents and replies to enquiries and providing a Contract report
  • Reporting on the mortgage offer
  • Sending final contract documentation to you for signature
  • Agree a completion date
  • Exchange contracts and notify you that this has happened
  • Arrange for all monies needed to be received from both the lender and yourself
  • Complete purchase
  • Deal with the payment of Stamp Duty Land Tax
  • Make an application for registration at the Land Registry
  • Deal with registration documents once received

Conveyancer’s fees and disbursements – Disbursements are costs related to your matter that are payable to third parties such as search fees. We handle the payment of the disbursements on your behalf to ensure a smoother process. There are certain disbursements which will be set out in the individual Lease relating to the property. The disbursements we anticipate are set out in the table below however the list is not exhaustive and other disbursements may apply depending on the contents of the Lease. We will update you on the specific fees upon receipt and review of the Lease from the seller’s solicitors. Some of the disbursement s that may be within the Lease is the Notice of Transfer fee, Notice of Charge fee, Deed of Covenant fee and Certificate of Compliance fee. These fees vary from property to property and we will give you accurate figures once we have sight of the Lease. You should also be aware that when purchasing a Leasehold property it is likely that ground rent and service charges will apply. We will confirm this as soon as we have the information. Stamp Duty Land Tax depends on the purchase price of your property. You can calculate this using HMRC’s website https://www.tax.service.gov.uk/calculate-stamp-duty-land-tax/#/intro Transfer of Equity

TRANSFER PRICEOUR FEESVAT ON FEESAML SEARCH (per person)OFFICIAL COPIESSTAMP DUTY ADDITIONAL FEES FOR UNREGISTERED LANDVAT ON UNREGISTERED LANDLAND REGISTRY SEARCH FEELAND REGISTRY REGISTRATION FEEBANKRUPTCY SEARCH FEE (per person)
Up to £100,000£550.00£110.00£5.95£6.00 (plus an additional £3.00 per document required)TBC£150.00£30.00£3.00TBC£2.00
  1. Stamp Duty Land Tax may also be payable

Deed of Gift/Assent

OUR FEESVAT ON FEESAML SEARCH (per person)OFFICIAL COPIESADDITIONAL FEES FOR UNREGISTERED LANDVAT ON UNREGISTERED LANDLAND REGISTRY SEARCH FEELAND REGISTRY REGISTRATION FEEBANKRUPTCY SEARCH FEE (per person)
£450.00£90.00£5.95£6.00 (plus an additional £3.00 per document required)£150.00£30.00£3.00Check with Land Registry 0300 006 3741£2.00

Re-mortgage

MORTGAGE VALUEOUR FEESVAT ON FEESAML SEARCH (per person)OFFICIAL COPIESTT FEE STAMP DUTY (on Transfer of equity & re-mortgage only)PROPERTY SEARCH PACKAGE (dependant on lender)INDEMNITY POLICY (dependant on lender)LAND REGISTRY SEARCH FEELAND REGISTRY REGISTRATION FEEBANKRUPTCY SEARCH FEE (per person)
Up to £200,000    £550.00£110.00£5.95£6.00 (plus an additional £3.00 per document required)£48.00Calculated at the same rate as on a purchase on the figure amounting to half of the mortgage, plus consideration, if appropriate.£120.00TBC£3.00TBC£2.00
IF TERM£650.00£130.00