OUR CHARGES
ABOUT US
Sale or Purchase of a freehold residential property
All fees are exclusive of VAT currently charged at 20%. If any disbursements are exclusive of VAT(currently charged at 20%) these will be specified.
Conveyancer's fees and disbursements
- Legal fee for freehold Conveyancing. This will be based on the sale or purchase price as follows:-
Up to £150,000
£705.00
Up to £250,000
£750.00
Up to £350,000
£795.00
Up to £450,000
£840.00
Up to £550,000
£885.00
Up to £650,000
£930.00
Up to £750,000
£975.00
Up to £850,000
£1,020.00
Up to £950,000
£1,065.00
Up to £1,000,000
£1,085.00
Up to £1,250,000
£1,310.00
Up to £1,500,000
£1,550.00
Over £1,500,000
By Agreement
- We do not charge an additional fee for acting on behalf of your Mortgagee Lender and our conveyancing fee includes dealing with the mortgage work.
- Search fees. Typical conveyancing searches on a purchase are:
- Local Searches made with the Local Authority and these depend on the Local Authority eg Birmingham Council currently charge £95.20 for a Local Search. We will be able to give you a fixed Local Search fee when you provide us with the postal address.
- Environmental Search. This currently costs £53.70.
- Water/Drainage Search. This currently costs £61.20.
- There are a range of optional searches which are an additional cost as follows:-
Flood Search
£37.32
Chancel Search
£24.84
Ground Stability Search
£76.82
Energy & Infrastructure Search
£37.80
Landmark Planning Report
£44.10
- HM Land Registry fee. This is primarily based on the value of the property and we will quote you the exact figure based on the price you give us. You can check these prices at the Land Registry’s website www.gov.uk/guidance/hm-land-registry-registration-services-fees
- Electronic money transfer fee. We charge an administration fee of £30 plus VAT for each electronic funds transfer.
- Electronic submission to HM Land Registry. We charge £15 plus VAT to submit your documentation to the Land Registry on completion of the purchase (in addition to the Land Registry fee).
- Stamp Duty (see below)
- Search fees (see above)
- HM Land Registry fee (see above)
- Completion Monitor Compliance Checklist £17.40
- Lawyer Checker £18.00
- Anti-Money Laundering Search £8.40 per person
- Bankruptcy Search (if there is a mortgage) £2.00 per person
- Land Registry Search £3.00
- Stamp Duty Land Transaction submission fee £9.60
Stamp Duty or Land Tax (on purchase)
How long will my house purchase take?
Stages of the process
- Take your instructions and give you initial advice
- Check finances are in place to fund purchase and contact lender's solicitors if needed
- Receive and advise on contract documents
- Carry out searches
- Obtain further planning documentation if required
- Make any necessary enquiries of seller's solicitor
- Give you advice on all documents and information received
- Go through conditions of mortgage offer with you
- Send final contract to you for signature
- Agree 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
Sale or Purchase of a leasehold residential property
All fees are exclusive of VAT currently charged at 20%. If any disbursements are exclusive of VAT(currently charged at 20%) these will be specified.
Conveyancer's fees and disbursements
- Legal fee for leasehold Conveyancing. This will be based on the sale or purchase price as follows:-
Up to £150,000
£755.00
Up to £250,000
£800.00
Up to £350,000
£845.00
Up to £450,000
£890.00
Up to £550,000
£935.00
Up to £650,000
£980.00
Up to £750,000
£1,025.00
Up to £850,000
£1,070.00
Up to £950,000
£1,115.00
Up to £1,000,000
£1,135.00
Up to £1,250,000
£1,360.00
Up to £1,500,000
£1,600.00
Over £1,500,000
By Agreement
- We do not charge an additional fee for acting on behalf of your mortgage lender. Our conveyancing fee includes dealing with the mortgage work.
- Search fees (see above)
- Stamp Duty (see below)
- Search fees (see above)
- HM Land Registry fee (see above)
- Completion Monitor Compliance Checklist £17.40
- Lawyer Checker £18.00
- Anti-Money Laundering Search £8.40 per person
- Bankruptcy Search (if there is a mortgage) £2.00 per person
- Land Registry Search £3.00
- Stamp Duty Land Transaction submission fee £9.60
- HM Land Registry fee. This is primarily based on the value of the property and we will quote you the exact figure based on the price you give us. You can check these prices at the Land Registry’s website www.gov.uk/guidance/hm-land-registry-registration-services-fees
- Electronic money transfer fee. We charge an administration fee of £30 plus VAT for each electronic funds transfer.
Disbursements
Additional Anticipated Disbursements on a leasehold purchase
- Notice of Transfer fee – This fee if chargeable is set out in the lease.
- Notice of Charge fee (if the property is to be mortgaged) – This fee is set out in the lease.
- Deed of Covenant fee – This fee is provided by the management company for the property and can be difficult to estimate.
- Certificate of Compliance fee - To be confirmed upon receipt of the lease
Stamp Duty Land Tax
- Take your instructions and give you initial advice
- Check finances are in place to fund purchase and contact lender's solicitors if needed
- Receive and advise on contract documents
- Carry out searches
- Obtain further planning documentation if required
- Make any necessary enquiries of seller's solicitor
- Give you advice on all documents and information received
- Go through conditions of mortgage offer
- Send final contract to you for signature
- Draft Transfer
- Advise you on joint ownership
- Obtain pre-completion searches
- Agree 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
How long will my house purchase take?
As a guide, you could expect a standard transaction to take approximately 6-8 weeks but is there is a mortgage involved or there are many parties in the chain, it could take 12-16 weeks. These time scales are very much rough estimates as every transaction is different and some are more complex than others.
- 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
- this is the assignment of an existing lease and is not the grant of a new lease
- the transaction is concluded in a timely manner and no unforeseen complication arise
- all parties to the transaction are co-operative and there is no unreasonable delay from third parties providing documentation
- no indemnity policies are required. Additional disbursements may apply if indemnity policies are required.
Mortgages and Remortgages:
Transfer of Equity
Applying for the Grant of Probate or Administration, collecting and distributing the assets
- That there is a valid Will
- If there is more than one property
- If there are numerous bank or building society accounts
- If there are other intangible assets
- If there are many beneficiaries
- If there are disputes between beneficiaries on division of assets. If disputes arise this is likely to lead to an increase in costs
- If there is inheritance tax payable and the executors need to submit a full account to HMRC
- If there are claims made against the estate
- Probate application fee(for estates over £5,000) £273
- Bankruptcy-only Land Charges Department searches (£2 per beneficiary)
- Statutory Advertisements in The London Gazette and a local newspaper. Cost depends on the local newspaper but will be approximately £250 - £350. This protects against unexpected claims from unknown creditors and unexpected claims.
- FAS Landmark Financial Asset Search to identify assets in the estate (£162)
- If any additional copies of the Grant are required, they will cost £1.50 (1 per asset usually).
Potential additional costs
- If there is no will or the estate consists of any share holdings (stocks and bonds) there is likely to be additional costs that could range significantly depending on the estate and how it is to be dealt with. We can give you a more accurate quote once we have more information.
- Dealing with the sale or transfer of any property in the estate is not included and will be quoted separately.
How long will this take?
- Provide you with a dedicated and experienced probate solicitor to work on your matter
- Identify the legally appointed executors or administrators and beneficiaries
- Accurately identify the type of Probate application you will require
- Obtain the relevant documents required to make the application
- Complete the Probate Application and the relevant HMRC forms
- Draft a legal oath for you to swear
- Make the application to the Probate Court on your behalf
- Obtain the Probate and send a copy to you
- Pay any Inheritance Tax
- Collect and distribute all assets in the estate