Conveyancing costs and services

Estimated Legal Fees *

Price of Property Legal Fee VAT Total
£0 – £200,000 £500 £100 £600
£201,000 - £300,000 £550 £110 £660
£301,000 - £400,000 £700 £140 £840
£401,000 - £500,000 £750 £150 £900
£501,000 and over Please contact us for a full quote    

Other Fees *

Fee type Fee VAT Total
Electronic Funds Transfer Fee £35 £7 £42
Mortgage Fee (Purchase) £50 £10 £60
SDLT/LTT return fee (Purchase) £50 £10 £60
Leasehold Fee £200 £40 £240

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.

Search Fees

Type of search Cost VAT Total
Standard search pack (Purchase) (includes Local Authority Search, Water and Drainage Search, Environmental Search and Coal Mining Search) £225 N/A £225
OS1 SEARCH (Purchase) £3 £0.60 £3.60
Official Copies (Sale) £3 per document N/A £3 per document
Bankruptcy Search (Purchase) £2 per person £0.40 £2.40

Land Registry Fees (Purchase of registered property)

Value or amount Application by Portal and Gateway for transfers which affect the whole of a registered title
£80,001 to £100,000/td> £40
£100,001 to £200,000 £95
£200,001 to £500,000 £135
£500,00- to £1,000,000 £275

Stamp Duty or Land Tax (on purchase)

This depends 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 here..

How long will my transaction take?

How long it will take 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.

Stages of the purchase process

The precise stages involved in the purchase of a residential property vary according to the circumstances. However, key stages include:

  • Take your instructions and give you initial advice
  • Check source of funds used to fund purchase and contact lender's solicitors if needed
  • Receive and advise on contract documents
  • Carry out searches
  • Make any necessary enquiries of seller's solicitor
  • Give you advice on documents and information received
  • Report on special conditions of mortgage offer
  • Send final contract to you for signature
  • Draft Transfer
  • Advise you on types of joint ownership
  • Obtain pre-completion searches
  • Confirm 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
  • Confirm Registration

 

Stages of the sale process

  • Take your instructions and give you initial advice
  • Request and check Official Copies
  • Draft contract documentation
  • Reply to enquires
  • Obtain a redemption figure from mortgage lender
  • Send final contract to you for signature
  • Approve Transfer
  • Confirm completion date (date from which you own the property)
  • Reply to requisitions
  • Exchange contracts and notify you that this has happened
  • Obtain completion monies
  • Pay estate agents fees

* Our fee assumes that:

  1. 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
  2. In respect of leasehold properties this is the assignment of an existing lease and is not the grant of a new lease
  3. the transaction is concluded in a timely manner and no unforeseen complication arise
  4. all parties to the transaction are co-operative and there is no unreasonable delay from third parties providing documentation
  5. no indemnity policies are required. Additional disbursements may apply if indemnity policies are required.

 

Additional fees and disbursements may apply in some cases, you will be advised of any additional costs that you may incur.

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