Prices/Costs Information - Residential Conveyancing

The Solicitors Regulation Authority Transparency Rules require us to publish costs information relating to certain areas of work. The areas of work relevant to this firm which require the publication of costs information on our website are:

In Relation to Services to Individuals

  • Residential Conveyancing i.e. the sale or purchase of freehold or leasehold properties to include mortgages or re-mortgages
  • Uncontested Probate or Intestacy

In Relation to Services to Businesses

  • Debt Recovery up to the value of £100,000.00

Whilst not being required to do so, we also publish below our pricing structure for Wills and Lasting Powers of Attorney

Please note that all other legal matters will be charged either on an hourly rate, a fixed fee or a percentage fee depending upon the nature of the transaction and the status of the fee earner carrying out the work. We will be happy to provide a costs estimate following an initial discussion. Please telephone 01242 237477, complete the online enquiry form or e-mail our legal team direct (see “Our Team” page)
 

Residential Conveyancing (Individuals Only)

Prices and Costs Information

We are an accredited member of CQS (Conveyancing Quality Scheme) number CQS03248. This ensures that our service complies with the high standards required in residential conveyancing relating to all aspects of both client care and the transaction itself.

Purchase of a Freehold Residential Property

Our fees cover all of the work required to complete the purchase of your new home, including dealing with registration at the Land Registry and dealing with your 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.

 

Conveyancers Fees and Disbursements (Purchase of a Freehold Residential Property)
 

Our Costs

VAT

 

Disbursements

(Payment to Others)

Value of Property

(£)

Our Fee

(£)

Bank Transfer Fee

(£)

Total Fee

(£)

Total VAT (£)

Total

Exc.

Disb.

Searches

(£)

HMLR Fees

(range £)

Up to 250,000.00

1,095.00

30.00

1,125.00

225.00

1,350.00

350.00

20.00 – 455.00

250,000.00 - 500,000.00

1,195.00

30.00

1,225.00

245.00

1,470.00

350.00

20.00 – 455.00

500,000.00 - 750,000.00

1,295.00

30.00

1,325.00

265.00

1,590.00

350.00

20.00 – 455.00

750,000.00 - 1,000,000.00

1,395.00

30.00

1,425.00

285.00

1,710.00

350.00

20.00 – 455.00

Over 1,000,000.00

Please request quote

 

IF THE TITLE IS UNREGISTERED OR A NEW BUILD THERE WILL BE ADDITIONAL COSTS OF £200.00 PLUS VAT.

HM Land Registry fees depend on whether the property is already registered or if it is a first registration and also whether the purchase is of a whole title or part of a title (e.g. a new build). First registration fees and transfer of part fees are double the fee for a transfer of a whole registered title.

Disbursements (Purchase of Freehold or Leasehold Properties)

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

This depends on the purchase price of your property and several other factors e.g. if you are a first time buyer or will then own more than one property. You can calculate the amount you will need to pay by using HMRC's website or if the property is located in Wales by using the Welsh Revenue Authority's website here.

If you are purchasing as a limited company or incorporated association, please contact us for a quote.

Purchase of a Leasehold Residential Property

Our fees cover all of the work required to complete the purchase of your new home, including dealing with registration at the Land Registry and dealing with your 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.

 

Conveyancers Fees and Disbursements (Purchase of a Leasehold Residential Property)
 

Our Costs

VAT

 

Disbursements

(Payment to Others)

Price of Property

(£)

Our Fee

(£)

Bank Transfer Fee

(£)

Total Fee

(£)

Total VAT

(£)

Total

Exc.

Disb.

Searches

(£)

HMLR Fees

(range £)

Payments required under the Lease (see below)

Up to 250,000.00

1,295.00

30.00

1,325.00

265.00

1,590.00

350.00

40.00 – 910.00

variable

250,000.00 - 500,000.00

1,395.00

30.00

1,425.00

285.00

1,710.00

350.00

40.00 – 910.00

variable

500,000.00 - 750,000.00

1,495.00

30.00

1,525.00

305.00

1,830.00

350.00

40.00 – 910.00

variable

750,000.00 - 1,000,000.00

1,595.00

30.00

1,625.00

325.00

1,950.00

350.00

40.00 – 910.00

variable

Over 1,000,000.00

Please request quote

 

 

IF THE TITLE IS UNREGISTERED OR A NEW BUILD THERE WILL BE ADDITIONAL COSTS OF £200.00 PLUS VAT.

HM Land Registry fees depend on whether the property is already registered or if it is a first registration and also whether the purchase is of a whole title or part of a title (e.g. a new build). First registration fees and new Lease fees are more than the fee for a transfer of an existing registered Lease.

Disbursements

With leasehold properties further disbursements are usually payable to either the landlord (freeholder) or a management company or both. These may be some or all of the following, the cost of which is variable and sometimes prescribed in the Lease, see estimates below:-

  • Notice of Transfer fee £50.00 – £250.00
  • Notice of Charge fee (if the property is to be mortgaged) £50.00 – £250.00
  • Deed of Covenant fee £50.00 – £250.00
  • Certificate of Compliance fee £50.00 – £250.00

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

You should also be aware that ground rent and service charge are likely to apply throughout your ownership of the property. We will confirm the ground rent and the anticipated service charge as soon as this we receive this information.

 

Stamp Duty Land Tax

This depends on the purchase price of your property and the ground rent payable. It also depends upon other factors e.g. if you are a first time buyer or will then own more than one property. You can calculate the amount you will need to pay by using HMRC's website or if the property is located in Wales by using the Welsh Revenue Authority's website here.

How long will my house or flat 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. For example, if you are a first time buyer, purchasing a new build property with a mortgage in principle, it could take 6 weeks. However, if you are buying a leasehold property that requires an extension of the lease, this can take significantly longer, between 3 and 6 months. In such a situation, additional charges would apply.

Stages of the Process

The precise stages involved in the purchase of a property vary according to the circumstances but these are the key stages:-

  • Take your instructions and give you initial advice
  • Check finances are in place to fund the 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 seller's solicitor
  • Give you advice on all documents and information received
  • Go through conditions of mortgage offer
  • Approve or amend the contract for signature
  • Draft Transfer Deed
  • Advise you on joint ownership
  • Obtain pre-completion searches
  • Meet with you to discuss all aspects of the transaction and for you to sign all documentation
  • Agree completion date (date from which you own the property)
  • Exchange contracts and notify you that this has happened
  • Arrange for all monies needed to be received from lender and you
  • Complete purchase
  • Deal with payment of Stamp Duty Land Tax
  • Deal with application for registration at Land Registry
  • Serve Notices on the landlord and/or your management company if your property is leasehold
  • Notify the lender of the registered title upon completion by HM Land Registry

Fee Assumptions

Our fee assumes 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 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

 

Sale of a Freehold or Leasehold Residential Property

Our fees cover all of the work required to complete the sale of your home, including dealing with redemption of a mortgage. If there is more than one mortgage or registered charge an additional charge will be applied.
 

Conveyancers Fees and Disbursements – Sale of a Freehold Property
 

Our Costs

VAT

 

Disbursements

(Payment to Others)

Price of Property

(£)

Our Fee

(£)

Bank Transfer Fee

(£)

Total Fee

(£)

Total VAT

(£)

Total

Exc.

Disb.

HMLR Document Fees

(approx. £)

Up to 250,000.00

995.00

30.00

1,025.00

205.00

1,230.00

10.00 – 25.00

250,000.00 - 500,000.00

1,095.00

30.00

1,125.00

225.00

1,350.00

10.00 – 25.00

500,000.00 - 750,000.00

1,195.00

30.00

1,225.00

245.00

1,370.00

10.00 – 25.00

750,000.00 - 1,000,000.00

1,295.00

30.00

1,325.00

265.00

1,590.00

10.00 – 25.00

Over 1,000,000.00

Please request quote

 

IF THE TITLE IS UNREGISTERED THERE WILL BE ADDITIONAL COSTS OF £200.00 PLUS VAT.

 

Disbursements (Sale of Freehold or Leasehold Property)

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. Further bank transfer fees will be charged if we redeem more than one mortgage or you request your net sale proceeds by same day transfer.
 

Conveyancers Fees and Disbursements – Sale of a Leasehold Property
 

Our Costs

VAT

 

Disbursements

(Payment to Others)

Price of Property

(£)

Our Fee

(£)

Bank Transfer Fee(£)

Total Fee

(£)

Total VAT

(£)

Total

Exc.

Disb.

HMLR Document Fees

(approx. £)

Payments required under the Lease (see below)

Up to 250,000.00

1,195.00

30.00

1,225.00

245.00

1,470.00

10.00 – 25.00

variable

250,000.00 - 500,000.00

1,295.00

30.00

1,325.00

265.00

1,590.00

10.00 – 25.00

variable

500,000.00 - 750,000.00

1,395.00

30.00

1,425.00

285.00

1,710.00

10.00 – 25.00

variable

750,000.00 - 1,000,000.00

1,495.00

30.00

1,525.00

305.00

1,830.00

10.00 – 25.00

variable

Over 1,000,000.00

Please request quote

 

 

IF THE TITLE IS UNREGISTERED THERE WILL BE ADDITIONAL COSTS OF £200.00 PLUS VAT.
 

With leasehold properties further disbursements are usually payable to either the landlord or a management company or both. These may be some or all of the following, the cost of which is variable and sometimes prescribed in the Lease:-

  • Leasehold Management Pack from the management company or their agent £100.00 - £500.00
  • Rent Information Pack from the freeholder or its agent £100.00 - £500.00
  • Certificate of Compliance Fee £50.00 - £300.00

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

An apportionment of any ground rent and service charge will be made on completion. If the latest management company accounts are not made up at the time of completion, a redemption of part of the sale monies may be necessary.

If you are selling in a corporate capacity or as an unincorporated association, please contact us for a quote.

 

How long will my house or flat sale take?

How long it will take from your offer being accepted until your sale completes 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. For example, if you are selling to a first time buyer with no chain it could take 6 weeks. However, if you are selling a leasehold property that requires an extension this can take between 3 – 6 months. 

Stages of the Process

The precise stages involved in the sale of a property vary according to the circumstances but these are the key stages.

  • Take your instructions and give you initial advice
  • Check redemption figure if there is a mortgage(s)
  • Ensure that you complete Property Information Form, Fittings and Contents Form and Leasehold Information Form if the property is leasehold
  • Prepare contract documents
  • Obtain further planning documentation if required
  • Respond to any enquiries by the purchaser’s solicitor
  • Give you advice on all documents and information received
  • Finalise the contract for signature
  • Meet with you to discuss all aspects of the transaction and for you to sign the documentation
  • Agree completion date (date from which you own the property)
  • Exchange contracts and notify you and your estate agent that this has happened
  • Arrange for a redemption statement to be issued relating to your mortgage(s)
  • Complete sale
  • Discharge any mortgages
  • Provide evidence of discharge of mortgage to the purchaser’s solicitors
  • Prepare a completion statement and account to you for the net proceeds of sale

Fee Assumptions

Our fee assumes 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 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 complications 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 will apply if indemnity policies are required

Mortgages and Re-mortgages of a Freehold/Leasehold Residential Property

Our fees cover all of the work required to complete the mortgage of your home, including dealing with registration at the Land Registry. If there is more than one mortgage or registered charge an additional charge will be applied.
 

Conveyancers Fees and Disbursements – Mortgages and Re-mortgages
 

Our Costs

VAT

 

 

Disbursements

(Payment to Others)

Price of Property

(£)

Our Fee

(£)

Bank Transfer Fee(£)

Total Fee

(£)

Total VAT

(£)

Total

Exc.

Disb.

Searches

(£)

HMLR Document Fees & Registration Fees

(range £)

Payments Required under Lease if Leasehold (see below)

Up to 250,000.00

995.00

30.00

1,025.00

205.00

1,250.00

350.00

50.00- 910.00

variable

250,000.00 - 500,000.00

1,095.00

30.00

1,125.00

225.00

1,350.00

350.00

50.00- 910.00

variable

500,000.00 - 750,000.00

1,195.00

30.00

1,225.00

245.00

1,470.00

350.00

50.00- 910.00

variable

750,000.00 - 1,000,000.00

1,295.00

30.00

1,325.00

265.00

1,590.00

350.00

50.00- 910.00

variable

Over 1,000,000.00

 

Please request quote

 

IF THE TITLE IS UNREGISTERED OR A NEW BUILD THERE WILL BE ADDITIONAL COSTS OF £200.00 PLUS VAT.
 

Disbursements

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. If the property is leasehold, there are certain disbursements which will be payable as required by the individual lease relating to the Property.

There may be some or all of the following, the cost of which is variable:-

  • Notice of Transfer Fee £50.00 - £250.00
  • Notice of Charge fee £50.00 - £250.00
  • Certificate of Compliance fee £50.00 - £250.00
  • Leasehold Information Pack £100.00 - £500.00
  • Rent Information Pack £100.00 - £500.00

Stamp Duty Land Tax

This depends on the value of your property/loan. You can calculate the amount you will need to pay by using HMRC's website or if the property is located in Wales by using the Welsh Revenue Authority's website here.

How long will my mortgage/ re-mortgage take?

How long it will take from your offer being accepted until the new mortgage is completed will depend on a number of factors. The average process takes between 6-12 weeks. It can be quicker or slower, depending on the circumstances of the transaction.

Stages of the Process

The precise stages involved in the mortgage or re-mortgage of a residential property vary according to the circumstances but these are the key stages:-

  • Take your instructions and give you initial advice
  • Check finances are in place to fund the mortgage or re-mortgage
  • Carry out searches
  • Apply for and consider Leasehold Information and Rent Information Packs if leasehold
  • Obtain further planning documentation if required
  • Make any necessary enquiries
  • Give you advice on all documents and information received
  • Go through conditions of mortgage offer with you
  • Meet with you to discuss all aspects of the transaction and for your to sign all documentation
  • Agree completion date
  • Request a redemption statement for your present mortgage(s)
  • Arrange for all monies needed to be received from lender and you
  • Complete mortgage or re-mortgage
  • Deal with payment of Stamp Duty Land Tax if applicable
  • Deal with application for registration at Land Registry
  • Notify lender of the registered charge upon receipt from HM Land Registry and send an electronic copy

Fee Assumptions

Our fee assumes 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 leasehold, this is the mortgage 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 will apply if indemnity policies are required