CONVEYANCING PRICING

We recognise that your Conveyancing transaction is likely to involve a financial commitment and to assist, we pride ourselves in avoiding hidden costs. Some typical costs and transactions are summarised below in order to arm you with as much information as possible from the outset. Please always get in touch for a more accurate quotation depending on the specific details of your matter.

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freehold residential Purchase

  • Our fees cover all* of the work required to complete the purchase of your new home, including dealing with registration at the Land Registry and dealing with the payment of Stamp Duty Land Tax (Stamp Duty) if the property is in England, or Land Transaction Tax (Land Tax) if the property you wish to buy is in Wales.


    Conveyancer's fees and disbursements based on a property price of £250,000

    Legal fee £660.00
    Electronic money transfer fee (includes £23 bank fee) £35.00
    VAT £139.00
    Subtotal £834.00

    Disbursements
    ID Checks £12.00 plus VAT (per person)
    Search fees £248.10
    HM Land Registry fee £150.00
    ‍ ‍
    Subtotal £412.50

    Estimated total (excluding Stamp Duty or Land Tax – see below): £1,246.50

    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.
    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.

  • How long it will take from your offer being accepted until you can move in to your house will depend on a number of factors. The average process takes between 7-9 weeks from receipt of contract papers from the seller’s solicitors (not from you agreeing the purchase).
    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 could take 7 weeks. However, if you are buying a leasehold property that requires an extension of the lease, this can take significantly longer, between 2-3 months. In such, a situation additional charges would apply.

  • The precise stages involved in the purchase of a residential property vary according to the circumstances. However, below we have suggested some key stages:

    • 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 normally provided in a document known as a ‘Report on Title’

    • Go through conditions of your mortgage offer with you

    • Send final contract to you for signature

    • Agree completion date (date from which you own the property)

    • Obtain your deposit from you

    • Exchange contracts and notify you that this has happened

    • Arrange for the balance of monies needed to be received from your lender and you

    • Complete purchase

    • Deal with payment of Stamp Duty/Land Tax

    • Deal with application for registration at Land Registry

leasehold residential purchase

  • Our fees cover all the work* required to complete the purchase of your new home, including dealing with registration at the Land Registry and dealing with the payment of Stamp Duty Land Tax (Stamp Duty) if the property is in England, or Land Transaction Tax (Land Tax) if the property is in Wales.


    Conveyancer's fees and disbursements based on a property price of £250,000:

    Legal fee £950.00
    Electronic money transfer fee (includes £23 bank fee) £35.00
    VAT £197.00
    Subtotal £1182.00

    Disbursements

    Disbursements are costs related to your matter that are payable to third parties, such as search fees. We handle the payment of the disbursements on your behalf to ensure a smoother process. There are certain disbursements which will be set out in the individual lease relating to the Property. The disbursements which we anticipate will apply are set out separately below. This list is not exhaustive and other disbursements may apply depending on the term of the lease. We will update you on the specific fees upon receipt and review of the lease from the seller's solicitors.

    HM Land Registry fee: £150.00
    Search fees: £248.10

    ID Checks £12.00 (per person) plus VAT
    ‍ ‍
    Subtotal: £410.10

    Anticipated Disbursements*

    • Notice of Transfer fee. This fee if chargeable is set out in the lease. Often the fee is between £60.00-£200.00.

    • Notice of Charge fee (if the property is to be mortgaged) – This fee is set out in the lease. Often the fee is between £60.00-£200.00

    • Deed of Covenant fee – This fee is provided by the management company for the property and can be difficult to estimate. Often it is between £150.00 and £300.00.

    • Certificate of Compliance fee - To be confirmed upon receipt of the lease, as can range between £60.00 - £250.00.

      You should also be aware that ground rent and service charge are likely to apply throughout your ownership of the property. We will confirm the ground rent and the anticipated service charge as soon as this we receive this information.

    • Stamp Duty Land Tax - 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.

  • How long it will take from your offer being accepted until you can move in to your house will depend on a number of factors. The average process takes between 10-13 weeks from us receiving contract papers from the seller’s solicitors (not from your offer being accepted). It can be quicker or slower, depending on the parties in the chain.

  • The precise stages involved in the purchase of a residential leasehold property vary according to the circumstances. However, below are some of the key stages:

    • 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/landlord/management company

    • Give you advice on all documents and information received normally provided in a document known as a ‘Report on Title’

    • Go through conditions of your mortgage offer

    • Send final contract to you for signature

    • Draft Transfer and Deed of Covenant if required

    • Advise you on joint ownership

    • Obtain pre-completion searches

    • Agree completion date (date from which you own the property)

    • Obtain your deposit from you

    • Exchange contracts and notify you that this has happened

    • Arrange for the balance of monies needed to be received from lender and you

    • Complete purchase

    • Deal with payment of Stamp Duty/Land Tax

    • Serve relevant notices of transfer/charge on landlord/management company

    • Deal with application for registration at Land Registry

Mortgages or re-mortgages

  • Our fees cover all* of the work required to complete the mortgage of your property, including dealing with registration at the Land Registry.

    Conveyancer's fees and disbursements:

    Legal fee £550.00
    Electronic money transfer fee (includes £23 bank fee) £35.00
    VAT £117.00
    Subtotal £702.00

    Disbursements

    Search fees £183.00
    HM Land Registry fee £40.00

    ID Checks £11.25 (per person)
    VAT £38.85
    Subtotal £273.10

    Estimated total: £975.10


    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.

    Some lenders may accept no-search indemnity insurance in place of searches, normally costing roughly 20% of the cost of searches.

  • How long it will take from your mortgage offer being issued until completion will depend on a number of factors. The average process takes between 5-7 weeks.

    • Take your instructions and give you initial advice

    • Review the title to your property, obtain information from you

    • Advise the lender of any disclosure necessary

    • Carry out searches or obtain indemnity insurance

    • Make any necessary enquiries of you in accordance with the lender’s requirements

    • Obtain redemption statement for current mortgage

    • Give you advice on all documents and information received

    • Go through conditions of mortgage offer with you

    • Arrange for you to sign the mortgage deed

    • Agree completion date with you (date on which we will receive mortgage advance)

    • Arrange for all monies needed to be received from lender/you

    • Complete mortgage, redeem current mortgage

    • Deal with application for registration at Land Registry

*These fees vary from property to property and can on occasion be significantly more than the ranges given above. We can give you an accurate figure once we have sight of your specific documents. There are factors that may typically increase the cost of the service. For example: if legal title is defective or the property is unregistered; if we discover building regulations or planning permission has not been obtained; if the property is new build. Our fee assumes that: 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; and no indemnity policies are required. Additional disbursements may apply if indemnity policies are required. We reserve the right to charge an additional fee of up £350 plus VAT, where there is a complexity to source of funds, such as inclusion of multiple giftors or sources (including some ID checks required), international funds and crypto funds. This will of course be confirmed during the course of the transaction once the source is known and you are welcome to have an initial chat with us from the outset to establish whether this is applicable.