Legal fees for Sales and Purchases
Property price |
Fees |
VAT |
Total |
£0 - £350,000 |
£1,250 |
£250 |
£1,500 |
£350,001 - £550,000 |
£1,350 |
£270 |
£1,620 |
£550,001 - £750,000 |
£1,450 |
£290 |
£1,740 |
£750,001 -£950,000 |
£1,600 |
£320 |
£1,920 |
£950,001 - £1,050,000 |
£1,750 |
£350 |
£2,100 |
£1,050,0001 and over |
From £2,000 |
plus VAT(currently 20%) |
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A supplement of £200 plus VAT (currently 20%) will be charged on a leasehold sale
A supplement of £1,000 plus VAT (currently 20%) will be charged on a leasehold purchase
A supplement of £500 plus VAT (currently 20%) will be charged on Freehold purchase with a management company
A supplement of £400 plus VAT (currently 20%) will be charged if the property is unregistered
A supplement of £600 plus VAT (currently 20%) for dealing with separate mortgage lender solicitors
A supplement of £150 plus VAT (currently 20%) when acting for your mortgage lender (purchase only)
A supplement of £75 plus VAT (currently 20%) when acting for your mortgage lender (sale only)
A supplement of £500 plus VAT (currently 20%) for transactions involving Help to Buy Scheme
A supplement of £600 plus VAT (currently 20%) where the property is a New Build
A supplement of £200 plus VAT (currently 20%) where there is also a transfer of equity (but this does not apply to standalone equity transfers)
A supplement of £100 plus VAT (currently 20%) for dealing with Help to Buy ISA and LISA
Usual Sale Disbursements
Telegraphic Transfer |
£30* |
Case Management |
£60* |
Electronic Identity Verification |
£5* |
Land Registry Documentation |
£3 per document |
*plus VAT (currently 20%)
Usual Purchase Disbursements
*plus VAT (currently 20%)
For re-mortgage transactions the fee is £500 plus VAT(currently 20%)
For Transfer of Equity transactions, the fee is £500 plus VAT(currently 20%)
For Transfer of Equity and re-mortgage transactions the fee is £675 plus VAT (currently 20%)
Voluntary first registration £600 plus VAT (currently 20%)
Simple Declaration of Trust is £250 plus VAT (currently 20%)
Conveyancing service and timescales:
Our Services Includes:
If you are selling:
Taking your initial instructions and giving initial advice in respect of the transaction
Reviewing title documentation and preparing contract documents
Obtaining information from you and responding to any enquiries received from the buyer's solicitor
Obtaining a redemption figure from your lender (if any)
Sending the final contract and transfer to you for signature together with a completion statement
Agreeing a completion date
Exchanging contracts and completing the sale
Repaying your existing mortgage (if any)
Paying the estate agents (if any)
Sending the net sale proceeds to you
Our sale quote does not include
Advice on tax implications
Dealing with any agricultural issues
Negotiating with any third party, including lenders, on your behalf
Advice on planning matters, valuation or financial matters
If you are buying
Taking your initial instructions
Receiving and advising you on contract and title documents
Carrying out all necessary searches and advising you on the results
Making any necessary enquiries of seller's solicitor and reporting to you on the replies
Reporting on all relevant documents and information received
Reporting on the conditions of your mortgage offer
Sending the final contract, transfer and other documents to you for signature with a draft completion statement
Agreeing a completion date
Exchanging contracts and notifying you that this has happened
Arranging for all monies needed to be received from your lender and you
Completing the purchase
Dealing with the payment of Stamp Duty Land Tax
Dealing with the application for registration at the Land Registry
Serving notice in accordance with the lease (if any)
Our purchase quote does not include:
Advice on tax implications (other than Stamp Duty Land Tax unless the transaction is not standard or there are complications which require a Stamp Duty Land Tax expert to advise and if this is the case you will be notified of this)
Advice on or preparation of Tenancy Agreements
Dealing with or advising on any agricultural issues
Negotiating with any third party, including lenders, on your behalf
Advice on planning matters, valuations or financial matters
If a Declaration of Trust is required a separate quote will be provided once we know what we are required to draft.
TimeScale
How long the transaction will take, from the offer being accepted until completion takes place, will depend on a number of factors such as the length of the chain, any mortgage arrangements, time taken to obtain information from third parties such as Landlords and Management Companies and whether there is a sale under a grant of probate. The average process takes between 8 to 12 weeks from contract papers being issued or received.
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