| FREEHOLD SALE UPTO £500K – FIXED FEE |
|---|
| FEE | VAT (20%) |
| Freehold Sale – upto £500k | £995.00 | £199.00 |
| Transfer of funds | £30.00 | £6.00 |
| Lender Fee – Redeeming Mortgage (if applicable) | £150.00 | £30.00 |
| | |
| Disbursements | | |
| ID & AML checks (£6 + VAT per person) | | |
| Office Copy Entries (£7.8 Freehold/£15.60 Leasehold) | | |
| Bankruptcy search fee (£2.90 per person) | | |
| LEASEHOLD SALE CONVEYANCING COSTS UPTO £500K – FIXED FEE |
|---|
| FEE | VAT (20%) |
| Leasehold Sale – upto £500k | £1,195.00 | £239.00 |
| Transfer of funds | £30.00 | £6.00 |
| Lender Fee – Redeeming Mortgage (if applicable) | £150.00 | £30.00 |
| | |
| Disbursements | | |
| ID & AML checks (£6 + VAT per person) | | |
| Office Copy Entries (£7.80 Freehold/£15.60 Leasehold) | | |
| Bankruptcy search fee (£2.90 per person) | | |
| FREEHOLD SALE CONVEYANCING COSTS – £500k to £550k – FIXED FEE |
|---|
| FEE | VAT (20%) |
| Freehold Sale Price – £500k to £550k | £1,075.00 | £215.00 |
| Transfer of funds | £30.00 | £6.00 |
| Lender Fee – Redeeming Mortgage (if applicable) | £150.00 | £30.00 |
| | |
| Disbursements | | |
| ID & AML checks (£6 + VAT per person) | | |
| Office Copy Entries (£7.80 Freehold/£15.60 Leasehold) | | |
| Bankruptcy search fee (£2.90 per person) | | |
| FREEHOLD SALE CONVEYANCING COSTS – £550k-£600k – FIXED FEE |
|---|
| FEE | VAT (20%) |
| Freehold Sale Price – £550k-£600k | £1,125.00 | £225.00 |
| Transfer of funds | £30.00 | £6.00 |
| Lender Fee – Redeeming Mortgage (if applicable) | £150.00 | £30.00 |
| | |
| Disbursements | | |
| ID & AML checks (£6 + VAT per person) | | |
| Office Copy Entries (£7.80 Freehold/£15.60 Leasehold) | | |
| Bankruptcy search fee (£2.90 per person) | | |
PURCHASE
| FREEHOLD PURCHASE UPTO £500K – FIXED FEE |
|---|
| FEE | VAT (20%) |
| Freehold Purchase – upto £500k | £995.00 | £199.00 |
| Transfer of funds | £30.00 | £6.00 |
| Acting for Lender | £175.00 | £35.00 |
| Completing and submitting Stamp Duty Land Tax Return | £75.00 | £15.00 |
| | |
| Disbursements | | |
| ID & AML checks (£6 + VAT per person) | | |
| Searches (if applicable) | £234.00 | |
| Bankruptcy search fee (£2.90 per person) | | |
| Land Charges search fee | £3.90 | |
| Lawyer Checker search fee | £12.50 | £2.50 |
| HM Land Registry fee (based on purchase price) | | |
| LEASEHOLD PURCHASE UPTO £500K – FIXED FEE |
|---|
| FEE | VAT (20%) |
| Leasehold Purchase – upto £500k | £1,195.00 | £239.00 |
| Transfer of funds | £30.00 | £6.00 |
| Acting for Lender | £175.00 | £35.00 |
| Completing and submitting Stamp Duty Land Tax Return | £75.00 | £15.00 |
| | |
| Disbursements | | |
| ID & AML checks (£6 + VAT per person) | | |
| Searches (if applicable) | £234.70 | |
| Bankruptcy search fee (£2.90 per person) | | |
| Land Charges search fee | £3.90 | |
| Lawyer Checker search fee | £12.50 | £2.50 |
| HM Land Registry fee (based on purchase price) | | |
| FREEHOLD PURCHASE – £500K-£550K – FIXED FEE |
|---|
| FEE | VAT (20%) |
| Freehold Purchase – £500K-£550K | £1,175.00 | £235.00 |
| Transfer of funds | £30.00 | £6.00 |
| Acting for Lender | £175.00 | £35.00 |
| Completing and submitting Stamp Duty Land Tax Return | £75.00 | £15.00 |
| | |
| Disbursements | | |
| ID & AML checks (£6 + VAT per person) | | |
| Searches (if applicable) | £234.70 | |
| Bankruptcy search fee (£2.90 per person) | | |
| Land Charges search fee | £3.90 | |
| Lawyer Checker search fee | £12.50 | £2.50 |
| HM Land Registry fee (based on purchase price) | | |
| FREEHOLD PURCHASE – £550K-£600K – FIXED FEE |
|---|
| FEE | VAT (20%) |
| Freehold Purchase – £550K-£600K | £1,225.00 | £245.00 |
| Transfer of funds | £30.00 | £6.00 |
| Acting for Lender | £175.00 | £35.00 |
| Completing and submitting Stamp Duty Land Tax Return | £75.00 | £15.00 |
| | |
| Disbursements | | |
| ID & AML checks (£6 + VAT per person) | | |
| Searches (if applicable) | £234.70 | |
| Bankruptcy search fee (£2.90 per person) | | |
| Land Charges search fee | £3.90 | |
| Lawyer Checker search fee | £12.50 | £2.50 |
| HM Land Registry fee (based on purchase price) | | |
RIGHT TO BUY PURCHASE
| RIGHT TO BUY PURCHASE UP TO £300K |
|---|
| FEE | VAT (20%) |
| Our Fee | £850.00 | £170.00 |
| Transfer of funds | £30.00 | £6.00 |
| Acting for Lender (if mortgage is required) | £175.00 | £35.00 |
| Completing and submitting Stamp Duty Land Tax Return | £75.00 | £15.00 |
| | |
| Disbursements | | |
| ID & AML checks (£6 + VAT per person) | | |
| Searches (if applicable) | £234.70 | |
| Bankruptcy search fee (£2 per person) | | |
| Land Charges search fee | £3.90 | |
| Lawyer Checker search fee | £12.50 | £2.50 |
| HM Land Registry fee (based on purchase price) | | |
TRANSFER OF EQUITY/ RE-MORTGAGE
| TRANSFER OF EQUITY/RE-MORTGAGE |
|---|
| FEE | VAT (20%) |
| Our Fee | £625.00 | £125.00 |
| Transfer of funds | £30.00 | £6.00 |
| Redeeming existing mortgage | £150.00 | £30.00 |
| Acting for new Lender | £175.00 | £35.00 |
| | |
| If a client requires us to provide advice and witness a Transfer (no drafting of documentation) | £250.00 | £50.00 |
| | |
| Disbursements | | |
| ID & AML checks (£6 + VAT per person) | | |
| Searches (if applicable) | £234.70 | |
| Bankruptcy search fee (£2 per person) | | |
| Land Charges search fee | £3.90 | |
| Lawyer Checker search fee | £12.50 | £2.50 |
| HM Land Registry fee (based on purchase price) | | |
To be able to provide a quote for a transfer of equity we need to know the following: –
- Are you having a re-mortgage to fund the transfer? If so, you will receive a quote for both Transfer and re-mortgage. If there is going to be a new mortgage (with a new Lender) then searches will need to be included i.e., £234.70.
- We need to know the value of the property.
- We need to know what, if any, consideration is being paid to the Transferor.
- If the Transferor is transferring a percentage of their share to the Transferee – we need to know what percentage is being transferred. If they are transferring the whole property, we will need to know if this is to be 50% (Tenants in Common) each or 100% (Joint Tenants). Again, all this can be discussed with the team and a personalised quotation will be provided upon your request.
WHO WILL CONDUCT THE WORK
The work will be conducted by either Zoe Parkinson or Tom Chambers. Zoe Parkinson is a Conveyancing Fee Earner that has been running her own Conveyancing caseload since 2018, Thom Chambers is a Solicitor who qualified in 2011. Tom Chambers, who is a director, has overall supervision of the department.
WORK TIMESCALES
How long it will take from your offer being accepted until you can move in to or out of your house will depend on a number of factors. The average process takes between 8 -16 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 will be much sooner. However, if you are buying a leasehold property that requires an extension of the lease, this can take significantly longer.
KEY STAGES
The Key stages of the matter as included within the fixed fee are clearly set out in the Conveyancing Home Page of our website and determine what is included within the fixed fee that will be quoted at the outset. It is sometimes difficult at the outset to know the true extent of the matter and often additional aspects may crop up that will incur an addition charge. If this is the case, you will be notified, and your agreement sought of the additional charge before the work commences. Most of these potential additional fees can be found detailed below.
PLEASE NOTE- The price we quote for you is based on a fixed fee and includes all the aspects detailed in our key stages. Our team will keep you appraised and updated of all key stage developments and regularly chase up matters that are outstanding in order to keep the files moving in line with our projected timescales whenever possible.
If, however, it transpires that a matter is becoming protracted, with a client having unrealistic expectations then it may be the case that further charges will apply. If this is the case, we will advise you accordingly. Such instances include clients emailing every day and expecting a response immediately however failing an immediate response they then follow up the email with a telephone call. If we are about to exchange on your matter or something connected with the matter occurs, that places the matter in jeopardy or requires immediate action, then this is acceptable however, if that is not the case then we may deem such conduct as protracted. The same applies to additional or extensive correspondence or communications which exceed the fixed fee service. Should this occur, we will advise you accordingly. It is important that we operate in this way so that we can prioritise matters near completion and so that we are clear to prioritise your matter when we reach that stage.
ADDITIONAL CONVEYANCING SERVICES AND ASSOCIATED FEES NOT INCLUDED IN FIXED FEES UNLESS ORIGINALLY QUOTED
Our quoted fee covers the work we do as part of a standard Conveyancing transaction. There may be instances where additional work is required, or requested, whereby additional fees may apply to your transaction, but it is often not possible to indicate whether these will be applicable without first having seen the paperwork and determining what will be required to enable your transaction to proceed. We have therefore listed below an estimate of the additional legal costs should such work be required (all fees below are subject to VAT at the prevailing rate):
| FEE |
| Gifted deposit administration e.g. Gifts from family/friends | £90.00 + VAT |
| Arranging for approving indemnity insurance | £75.00 + VAT |
| Removal of registration of a Notice of Restriction on Title | £100.00 + VAT |
| Legal fee supplement for unregistered properties | £250.00 + VAT |
| Legal fee supplement for shared ownership | £200.00 + VAT |
| Legal fee supplement for Buy to Let subject to any tenancy agreement | £125.00 + VAT |
| Legal fee supplement for new build help to buy mortgage | £250.00 + VAT |
| Dealing with third parties – Such as CCJ Additional Charges | £150.00 + VAT |
| Help to Buy ISA Bonus applications (price per person) | £75.00 + VAT |
| Lifetime ISA Bonus application (price per person) | £100.00 + VAT |
| Buying from a Mortgagee in possession | £125.00 + VAT |
| Solar panel Lease Assignments | £150.00 + VAT |
| Companies House registration (where purchase by a Company with a mortgage) | £100.00 + VAT |
| Verifying the identification of clients outside the UK | £75.00 + VAT |
| Preparation of a key undertaking | £50.00 + VAT |
| Adult Occupiers lenders postponement forms (per person) | £75.00 + VAT |
| Dealing with separate mortgagees Solicitors | £250.00 + VAT |
| Redeeming Help to Buy Loan | £250.00 + VAT |
| Dealing with Freeholder/Management Companies re: freehold properties | £150.00 + VAT |
| Drafting Notice of Transfer/Charge/Assignment | £90.00 + VAT |
| Drafting Deed of Covenant | £90.00 + VAT |
| Acting For Lender – New Mortgage | £175.00 + VAT |
| Acting For Lender – Redeeming Mortgage | £150.00 + VAT |
| Stamp Duty Land Tax Return | £75.00 + VAT |
