At QualitySolicitors Amphlett Lissimore, we make buying and selling property straightforward. We’ll keep the process on track, giving you clear timescales, eliminating delays and keeping you posted at every step. Our conveyancing fees are easy to understand and cover any necessary legal checks and searches. Our ‘no hidden costs’ promise means that when you receive conveyancing costs from us, you will know exactly what they cover and you will not be billed for any unexpected extras. Our ‘same day response’ promise also means that you will always know what stage the process is at and you will not have to chase anybody for updates.

We will ensure that all your property documentation is checked and explained thoroughly and we can liaise with your lender, estate agent and other parties, to ensure that there is clear and prompt communication between everyone at all times. Whether you are buying a property or selling a house, there are lots of things to think about. By trusting QualitySolicitors Amphlett Lissimore to handle your conveyancing, you can relax with the knowledge that all the legal details are being taken care of.

That is why our clients recommend us to their friends and family. So, whether you are buying a home or selling a property, for fast, friendly advice you can phone our office on 020 8768 6882. We are always happy to give you a quote of our charges for your conveyancing

Buying your home

The legal cost of buying

As well as our charges for the conveyancing work, the legal costs of buying your home can include:

  • Stamp Duty Land Tax
  • Land Registry fees
  • Search fees
  • Leasehold registration fees

Stamp duty

  • If the price of your home is more than £125,000 (or £150,000 in a 'disadvantaged area'), there will be SDLT (Stamp Duty Land Tax) to pay. We have to pay the tax on your behalf before you can be registered as the owner of your new home.
  • SDLT is a percentage of the price, it starts at 1%. If the price is more than £250,000, the SDLT is 3% (on the whole price, not just the difference). For prices above £500,000, the SDLT is 4%. If you are fortunate enough to be buying a house or flat for more than £1,000,000, the rate of SDLT will be 5% from April 2011.

Land Registry fees

  • The Land Registry charges a fee to register the change of ownership of your home. This ranges from £200 on prices up to £200,000, and to £920 on prices over £1,000,000. Lower fees are payable on prices of £80,000 or less.

Search fees

  • Now that your seller no longer has to supply a HIP (Home Information Pack), you will normally have to pay for the local water and drainage searches that HIPs used to include. They usually cost between £150 and £300.
  • Land Registry searches are needed just before we complete your purchase to make sure that the seller is still the registered owner, and that no new adverse entries have appeared in the register. These and the bankruptcy search will be needed if you are getting a mortgage; together these will cost approximately £10.
  • Other types of search may also be useful at times; therefore, we will advise you if the need for any arises.

Leasehold registration fees

  • If you are buying a leasehold house or flat, even with a share of the freehold, the purchase and your mortgage must be formally registered with the freeholder. The lease usually prescribes a fee for this, which may be up to £100 + VAT, or occasionally more.

More about our charges

  • In addition to the basic charges, a fee of £35 + VAT is charged for arranging the electronic same-day transfer of funds to the seller's conveyancer on completion of the purchase.
  • There may be separate charges for other legal work we do for you outside the normal course of your purchase, such as drawing up a trust deed or power of attorney.
  • We will usually be instructed by your mortgage lender to handle the legal work of the mortgage. We do not make a separate charge for this.
  • A different scale of charges will apply (instead of this one) if we are instructed to act through an estate agents' referral panel scheme.
  • From time to time our charges change. This website shows the current charges, but a quotation issued at a later date may be different.

Selling your home

The legal cost of selling

  • As well as our charges for the conveyancing work, the cost of selling your home can include estate agents' commission.

Estate agents' commission

  • Most people arrange their sales through an estate agent. You can do without one, but the estate agents often have suitable buyers on their books already, and their knowledge of local property values should help you get the best price for your home.
  • The agents' commission may be a fixed amount or a percentage of the sale price. They will give you written details of how much you have to pay, when it will be payable, and what services they will provide.

Energy Performance Certificates ('EPCs')

  • Until May 2010, it was almost always compulsory to have a Home Information Pack prepared before your home was marketed, this included an EPC. HIPs have been abolished, but you will still need the EPC - we can order an EPC for you if your estate agent has not arranged one.

More about our charges

  • In addition to the basic charges, a fee of £35 + VAT is charged for each electronic same-day transfer of funds on completion of the sale, to redeem your mortgage, or to transfer the balance of the price to your own bank account.
  • There may be separate charges for other legal work we do for you outside the normal course of your sale, such as drawing up a power of attorney or getting a lease altered.
  • We will usually be instructed by your mortgage lender to handle the redemption of your mortgage. We do not make a separate charge for this.
  • A different scale of charges will apply (instead of this one) if we are instructed to act through an estate agents' referral panel scheme.
  • From time to time our charges change. This website shows the current charges, but a quotation issued at a later date may be different.

More...

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