Residential Conveyancing
We are not a conveyancing factory. We like to speak to and meet with you in person so we get to know you, you get to know us and we can work with you on your transaction.
We will aim to provide you with a more personal quotation once you have made contact.
What we do not charge for;
We need to carry out some ID verification procedures. We generally do not charge for this.
We do not charge for routine postages, telephone calls or copying.
Your transaction may involve completion of a Stamp Duty Land Tax form – we do not make a separate charge for helping you complete this.
If your purchase involves you taking out a mortgage or you are undertaking a re-mortgage transaction, your Lender will expect a firm to act for it to represent its interests. Some Lenders have their own preferred Panel of Solicitors and where we are able to act for your Lender, we generally do not charge for the additional time expended in acting for your Lender.
Where we do not act for your Lender, we will happily work alongside your Lender’s chosen Solicitors and assuming matters proceed in a straightforward fashion, we will not charge for any additional time expended in this way. Your Lender will expect you to pay its own preferred Solicitors fees and disbursements.
Some firms make an additional charge for undertaking work on unregistered titles. Whilst the disbursements you might incur may be different to those from a registered title transaction, we do not charge for any additional time expended on unregistered titles.
Some firms make an additional charge for undertaking a leasehold transaction for you. Although you may incur certain disbursements in dealing with a Landlord or Management Company, we will not make a separate charge in leasehold transactions.
If you require funds to be sent to you electronically, our Client account enables us to send payments by telegraphic transfer/CHAPS – we will charge you £30 plus VAT (£36.00) for this, including any fees we incur with our bank for doing so. We do not charge for issuing cheques.
Our fees assume that your property transaction proceeds in what we might reasonably expect to be a straightforward conveyancing transaction. Where we or others identify a problem during the course of your transaction, we will aim to identify the additional time and hence cost which you might incur alongside your fixed fee conveyancing charges.
SALE TRANSACTIONS
Our professional charges for conducting a routine sale transaction for you appear below. These fees are current as at and we will aim to provide you with a more personalised quotation when we are in communication with you. We may have gained a further understanding of your property or your instructions to enable us to do so. Our fees are therefore intended as the best guide we can provide so you can understand what costs you might incur should you choose to instruct our firm.
| Your Sale Price | Our Fees - £ GBP |
|---|---|
| Up to £200,000 | 695.00 plus VAT |
| £200,001 - £500,000 | 795.00 plus VAT |
| £500,001 - £750,000 | 895.00 plus VAT |
| £750,001 - £1,000,000 | 995.00 plus VAT |
| £1,000,001 - £1,250,000 | 1150 plus VAT |
| £1,250,001 - £1,500,000 | 1250 plus VAT |
On a sale transaction, you should expect the following additional payments;
Title Information – if the title to your property remains unregistered, we will usually need to obtain a Land Charges Search against anyone named on your current or historic title. Land Charges Searches currently cost £2 each. If the title to your property is registered at HM Land Registry, we will expect to provide your Buyer’s Solicitors with Official Copy Entries of the Title Registers for your property (currently £3) and a Land Registry Filed Plan (also £3).
Any documents recorded on the Title to your property and available from the Land Registry are also £3 each.
If you are selling a leasehold property, it is common for your freeholder/landlord and/or management company to provide confirmatory information and documentation to enable your Buyers Solicitors to proceed. Whilst you may have some copies of this documentation at home, it is common to expect a “pack” to be provided by your freeholder/landlord as well as also your management company. Depending on the nature of the services provided by those parties, you may therefore be required to pay an administration fee to each of them, i.e. for two packs in total. You may wish to check with your freeholder/landlord and/or management company early on in your transaction.
Other than the costs incurred in actually remitting redemption monies to your Mortgage Lender (or Lenders if you have more than one) by telegraphic transfer/CHAPS, we do not charge for dealing with the work undertaken in redeeming your mortgage.
RE-MORTGAGE
Our professional charges for conducting a routine re-mortgage transaction for you appear below. These fees are current as at and we will aim to provide you with a more personalised quotation when we are in communication with you. We may have gained a further understanding of your property or your instructions to enable us to do so. Our fees are therefore intended as the best guide we can provide so you can understand what costs you might incur should you choose to instruct our firm.
Land Registry Scale fees – the Land Registry will make a charge for registering your new mortgage on the Title Registers as evidence of your Lenders security over your property. They would also need to remove any existing mortgages which have been repaid. Land Registry fees are based on a scale which they have set – information on this is available on their website and we have endeavoured to replicate these below.
| Your New Mortgage Sum | Our Fees - £ GBP |
|---|---|
| Up to £500,000 | 450.00 plus VAT |
| £500,001 - £1.000,000 | 675.00 plus VAT |
PURCHASE TRANSACTION
Our professional charges for conducting a routine sale transaction for you appear in the table below. These fees are current as at and we will aim to provide you with a more personalised quotation when we are in communication with you. We may have gained a further understanding of your property or your instructions to enable us to do so. Our fees are therefore intended as the best guide we can provide so you can understand what costs you might incur should you choose to instruct our firm.
| Your Purchase Price | Our Fees - £ GBP |
|---|---|
| Up to £200,000 | 695.00 plus VAT |
| £200,001 - £400,000 | 795.00 plus VAT |
| £400,001 - £600,000 | 895.00 plus VAT |
| £600,001 - £800,000 | 995.00 plus VAT |
| £800,001 - £1,000,000 | 1150 plus VAT |
| £1,000,001 - £1,250,000 | 1295 plus VAT |
| £1.250,001 - £1,500,000 | 1395 plus VAT |
Stamp Duty Land Tax – when purchasing a property, Stamp Duty Land Tax (SDLT) is generally payable based on two main factors (1) the purchase price or consideration and (2) your circumstances.
Because we do not know of your personal circumstances until we have spoken with you, we cannot predict what your SDLT might cost. However, a very useful calculator is available online. We have attached a link here.
Using this tool, you should be able to calculate the SDLT you might be expected to pay dependent upon the purchase price, whether you are a first time buyer, whether you are purchasing a property in additional to an existing property and so on. If you would like us to look at this calculation with you, you are welcome to give us a call.
Land Registry Fees – the purchase price of your property determines the fee which the Land Registry will charge for registration of your title. In certain circumstances, the Land Registry may offer you a 50% reduction in your Land Registry fees if the application is submitted by us electronically. We do not charge for doing this for you.
Search Fees – there are a host of searches which we will need to undertake on your behalf or on behalf of your Lender and we have summarised the main categories below;
1. Local Authority Search – as we cannot predict on this website the location of the property you are purchasing, we have given you some typical Local Authority Search fees below.
You should be able to verify the current fees for the Local Authority covering the property you are purchasing by checking on their website or speaking to their Land Charges Department on the telephone.
2. Water/Drainage Search – again, this depends on the location of the property you are purchasing. We have given you some typical Water and Drainage Search fees in the short table below.
3. Environmental Search – a basic Environmental Search currently costs £46.80 – the fees charged by the search provider verify from time to time and you or your surveyor/valuer may identify the need for further search information to be obtained.
4. Land Charges/Land Registry Searches – depending on whether your title is unregistered (for which Land Charges Searches are undertaken per name appearing in the title) or registered (for what is known as an OS1 Search is undertaken against the Title Registers on behalf of the purchaser or lender) will determine the costs you will incur.
Current Land Charges and an OS1 Search fees appear on the Land Registry website – these are usually £2 per name for Land Charges Searches and £3 per OS1 Search.
5. Bankruptcy Searches – Your lender will expect us to undertake a Bankruptcy Search against each of the named individuals taking out the mortgage on the property being purchased or mortgaged. The current fees for doing so appear on the Land Registry website – this is currently £2 per name.
Other specialised searches may be required depending on the nature of the property, its location or the advice you receive from others – you can ask us for those costs at the relevant time.
LAWYER CHECKER
Where we send funds to the Sellers Solicitors, we would like to verify the Client Account Details of the firm in question. We currently rely on Lawyer Checker to do this for you – the current cost of this paid to them is £12 plus VAT (£14.40 in total) per search.