Property Fees

We are required by the Solicitors Regulation Authority to publish prices and service information in relation to residential conveyancing work we carry out. To comply with this requirement, we set out our charges at the end of this introductory section of our data.

No two transactions are the same and therefore in order to obtain a personalised quote for your transaction, please contact us.

General Notes

Please note that additional expenses are likely to be payable in the event your transaction is being made via a limited company or other corporate structure.
If it becomes apparent that there are unforeseen circumstances in connection with your transaction, we will increase our charges, but if that is the case, we shall inform you before we incur any additional costs.
If, for any reason, your transaction is aborted, we will charge for the work that has been carried out at the hourly rate of £200.00 plus VAT but will not exceed the estimate provided to you, unless we have warned you in advance.

Guidance 

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 the payment of Stamp Duty Land Tax (Stamp Duty). The Stamp Duty will depend on the purchase price of your 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
All prices below are exclusive of VAT. The fees listed are our average fee ranges for a Purchase, Sale and Remortgage transactions. The fees (including additional fees and disbursements) may vary depending on the source of the instruction, location of the property, the property price and the work we are required to do.

CONVEYANCING FEES

Other Additional Fees (if applicable to your transaction):

  • Help To Buy: £100
  • Help To Buy ISA: £50
  • Telegraphic Transfer: £36
  • SDLT Admin: £100
  • Acting for Lender: £250
  • Islamic Mortgage: £250

 

Disbursements (third party costs):

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.

  • Search Pack: £250 approx. (excluding VAT)
  • Bankruptcy Search: £2 per person
  • ID/AML Checks: £6 – £12 per person
  • Land Registry Search: £6 (Help to Buy) £3 (Non-Help to Buy)
  • Land Registration Fee: £40 – £910

The Land Registry fees referred to above are not subject to VAT.

Please note the fee range will vary depending on the work required. Factors which may increase the fees charged include:

  • If the property is leasehold;
  • If a lease extension of deed of variation is required;
  • If there is Help to Buy involvement;
  • If you wish for us to expedite your transaction;
  • If we also need to act for your lender;
  • If the purchase is off-plan;
  • If we cannot meet you in person and will need to complete an electronic ID check;

Stages of the Process

The precise stages involved in residential property transaction may vary according to the circumstances; however below we have outlined the traditional stages which will be carried out:

Purchase:
  • Take your instructions by getting you to complete purchase instruction and Protocol forms and give you initial advice;
  • Check finances are in place to fund purchase and contact lender’s solicitors, if needed;
  • investigating the title to the property which you are buying, to include:
  • carrying out searches with respect to title and local government information for the property
  • reviewing replies given by the seller to pre-contract enquiries
  • Obtain further planning documentation if required;
  • Prepare Report on Title and send to you with the contract for signature and supporting documents to include advising on the conditions of your mortgage offer and joint ownership, if required;
  • Agree completion date (date from which you own the property);
  • Proceeding to exchange of contracts and completion of the purchase;
  • calculating stamp duty land tax (SDLT) on the purchase and preparing and submitting to HM Revenue & Customs the appropriate SDLT forms; and
  • registering the purchase and any mortgage at the Land Registry
Sale:
  • Take your instructions by getting you to complete sale instruction and Protocol forms and give you initial advice;
  • Check finances are in place to fund any related purchase (if applicable);
  • Obtain a copy of the Title and prepare a contract pack to send to purchasers Solicitors;
  • Respond to any pre-contract enquiries;
  • Obtain a redemption statement from your mortgage lender
  • Arrange for you to execute the final contract and Transfer Deed
  • Arrange an exchange and completion date;
  • Complete sale
  • Deal with redemption of your mortgage
  • Pay the estate agents commission account (if any)
  • Transfer any remaining money from sale to you
Remortgage:
  • Take your instructions by getting you to complete instruction and Protocol forms and give you initial advice;
  • Obtain the Title Deeds from HM Land Registry;
  • Receive your mortgage offer and report to you on this;
  • Apply for searches or search indemnity (dependent on what your lender requires);
  • Request an initial redemption statement from the lender;
  • Report to lender and confirm you can comply with the mortgage conditions;
  • Set a completion date;
  • Transfer any remaining surplus to you;
  • An application will be made to the Land Registry with the new lender’s interest
Please note the fees quoted above assumes that your matter 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 exchange or the preparation of additional documents ancillary to the main transaction;
  • Your matter is the assignment of an existing lease and is not the grant of a new lease;
  • Your transaction is concluded in a timely manner and that no unforeseen complications arise;
  • All parties to the transaction are co-operative and there is no unreasonable delay from third parties providing documentation; and
  • No indemnity policies are required

Residential Property Estimated Timeline


  • <h4>1. PREPARING – 1-2 WEEKS</h4>

    1. PREPARING – 1-2 WEEKS

    Ensure you have all the legal provisions in place, such as your initial documents, before making an offer. Postponements can be caused by not filling in forms accurately and leaving them to the last minute. We will ensure that all documents are submitted accurately and in a timely manner.
  • <h4>2. PROCEEDING – 6-8 WEEKS</h4>

    2. PROCEEDING – 6-8 WEEKS

    Once your offer is accepted by the seller you can have a conveyancer to perform all the necessary checks and searches which are needed for your file. Mortgage offers, and valuations can cause delays, as can slow replies to questions from elsewhere in the chain.
  • <h4>3. EXCHANGING – 1-2 DAYS</h4>

    3. EXCHANGING – 1-2 DAYS

    The exchanging of contracts joins you into a legal agreement to either purchase or sell a property. The actual exchange will be performed by your conveyancer who will inform you when this is complete. Delays can occur due to others in the chain who aren’t prepared or if the release of funds take longer than expected.
  • <h4>4. COMPLETING – 2 WEEKS</h4>

    4. COMPLETING – 2 WEEKS

    In order to complete the process, some final checks must be achieved – this is done by your conveyancer and they will organise for you to sign documents and complete payments. At this point communication is crucial, as interruptions will occur the longer you take to get everything finalised.
  • <h4>5. CONTRACTS – WITH IMMEDIATE EFFECT</h4>

    5. CONTRACTS – WITH IMMEDIATE EFFECT

    Once the money has been processed and contacts are complete you will have completed the sale or purchase. Money transferral can regularly take a while, but ensure your property is ready for the move to save time.
  • <h4>6. THE FINAL DETAILS</h4>

    6. THE FINAL DETAILS

    Stamp duty will need to be paid if the purchase price is over a certain amount. Thereafter, the Land Registry should send you documents of registration. With years of experience and fully qualified conveyancing solicitors you can rest assured that your transaction will be in safe hands. We alter our services to your needs and take care of mortgage arrangements, boundary issues and easements.
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