Conveyancing

RESIDENTIAL CONVEYANCING

WE PROVIDE CONVEYANCING SERVICES FOR BOTH BUYING AND SELLING A HOME 

Purchasing a Freehold Property

Fees and what to expect

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 
• Legal fee* £1250.00 -£1599.00
• Administration costs £50.00
• Electronic money processing and transfer fee £45.00
• Electronic conveyancing and ID verification fee £35.00
• VAT payable £depends on the legal fee
Disbursements (excluding Stamp Duty)
• Search fees £350.00 (subject to variation and please see below)
• HM Land Registry fee £135.00 (subject to variation and please see below)
• Bankruptcy search fee £3.00 (per person)
• SDLT and AP1 form filing fee £150.00
• Land Registry search fee £3.75
Estimated total: £tbc

*Our fee assumes that: 
a. 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. The fee scale depends on the purchase price of the property. 

b. the transaction is concluded in a timely manner and no unforeseen complications arise.

c. all parties to the transaction are co-operative and there is no unreasonable delay from third parties providing documentation.

d. no indemnity policies are required. Additional disbursements may apply if indemnity policies are required.

e. it is a cash purchase and in the event that there is a mortgage there will be a lender fee in the region of £450.00 and the amount we will confirm as soon as we receive your mortgage offer. 
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 
The search fees are an estimate only. The local authority search fee is a fee not set by conveyancers and these fees will vary depending on the location of the subject property.

HM Land Registry registration fee
Kindly note that this fee will depend on the purchase price of the property. You can calculate the amount you will need to pay by using HMLR’s website.   
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 will my house purchase take?
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 4 and 6 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 could take up to 3 weeks. However, if you are buying a leasehold property that requires an extension of the lease, this can take significantly longer, between 4 and 6 months. In such a situation, additional charges would apply. 

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
• 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


Purchasing a Leasehold Property

Fees and what to expect

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 
• Legal fee* £1250.00
• Administration costs £50.00
• Electronic money processing and transfer fee £45.00
• Electronic conveyancing and ID verification fee £35.00
• VAT payable £depends on the legal fee
Disbursements (excluding Stamp duty)
• Search fees £350.00 (subject to variation and please see note below)
• HM Land Registry fee £135.00 (subject to variation and please see note below)
• Bankruptcy search fee £3.00 (per person)
• SDLT and AP1 form filing fee £150.00
• Land Registry search fee £3.75
Estimated total: £tbc
*Our fee assumes that: 
a. the property being purchased is not a newly built property and in the event that it is, or the existing lease is less than 10 years old, an additional sum of £350.00 plus VAT shall be payable for the additional work that is required to be carried out in this type of transaction.

b. the property is not being purchased under any of the government Help to Buy schemes and in the event that it is there will be an additional charge of £150.00 plus VAT for the additional work that is required to be carried out by us. 

c. 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.

d. this is the assignment of an existing lease more than 10 years old and is not the grant of a new lease.

e. the transaction is concluded in a timely manner and no unforeseen complications arise.

f. all parties to the transaction are co-operative and there is no unreasonable delay from third parties providing documentation.

g. no indemnity policies are required. Additional disbursements may apply if indemnity policies are required.

h. it is a cash purchase and in the event that there is a mortgage there will be a lender fee in the region of £450.00 and the amount we will confirm as soon as we receive your mortgage offer. 
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 terms of the lease. We will update you on the specific fees upon receipt and review of the lease from the seller's solicitors. 
Anticipated Disbursements
• Notice of Transfer fee – This fee if chargeable is set out in the lease. Often the fee is between £75.00 and £175.00. 
• Notice of Charge fee (if the property is to be mortgaged) – This fee is set out in the lease. Often the fee is between £75.00 and £175.00. 
• 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 £75.00 and £150.00. 
• Certificate of Compliance fee - To be confirmed upon receipt of the lease, as can range between £75.00 and £150.00. 
*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.
You should also be aware that ground rent and service charges are likely to apply throughout your ownership of the property. We will confirm the ground rent and the anticipated service charge as soon as we receive this information.
Search fees 
The search fees are an estimate only. The local authority search fee is a fee not set by conveyancers and these fees will vary depending on the location of the subject property.
HM Land Registry registration fee
Kindly note that this fee will depend on the purchase price of the property. You can calculate the amount you will need to pay by using HMLR’s website.   
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.

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
• 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?
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 4 and 6 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 could take up to 3 weeks. However, if you are buying a leasehold property that requires an extension of the lease, this can take significantly longer, between 4 and 6 months. In such a situation, additional charges would apply. 


Selling a Property

Fees and what to expect

Our fees cover all of the work required to complete the sale of your property, including dealing with the repayment of any mortgages and dealing with the removal of the charge(s) registered at the Land Registry. 

Conveyancer's fees 
• Legal fee* £1250.00 - £1599.00
• Administration costs £50.00
• Electronic money processing and transfer fee £45.00 (per bank transfer)
• Electronic conveyancing and ID verification fee £35.00
• VAT payable £depends on legal fee
Disbursements 
• Land Registry Office Copy Entries and Title plan fee £9.00
Estimated total: £tbc 

*Our fee assumes that: 
a. this is a sale of a freehold property and in the event that it is a sale of a leasehold property any additional documentation such as leases that will need to be obtained from the Land Registry will be charged at £25.00 per document. Please note that this is a disbursement payable directly to our document provider.

b. this is not a sale of a leasehold property and in the event that it is you would be required to pay a fee for a management pack that is directly payable by us to your freeholder or the managing agent. Typically, these fees vary between £150.00 and £275.00 and can on occasion be significantly more than the ranges provided. We can give you an accurate figure once we are made aware of the sum that is required to be paid to the freeholder or your managing agent. 

c. 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.

d. the transaction is concluded in a timely manner and no unforeseen complications arise.

e. all parties to the transaction are co-operative and there is no unreasonable delay from third parties providing documentation.

f. no indemnity policies are required. Additional disbursements may apply if indemnity policies are required.
Disbursements are costs related to your matter that are payable to third parties, such as payments to the Land Registry. We handle the payment of the disbursements on your behalf to ensure a smoother process.

How long will my house sale take?
How long it will take from your acceptance of the offer until you can move out of your house will depend on a number of factors. The average process takes between 4 and 6 weeks. 
It can be quicker or slower, depending on the parties in the chain. For example, if you are selling and the prospective buyer does not have a related sale, it could take up to 4 weeks. However, if the prospective buyer has a related sale, which becomes delayed, your sale may be delayed and it could take up to 6 weeks or more before the sale is completed.

Stages of the process
• Take your instructions and give you initial advice
• Obtaining title deeds and documents
• Preparing draft Contracts and submitting these to the buyer’s solicitors 
• Taking your instructions and responding to the buyer’s solicitors enquiries 
• Send final contract to you for signature
• Approve draft Transfer and obtain your signature
• Agree completion date (date from which you will transfer ownership of the property)
• Exchange contracts and notify you that this has happened
• Complete sale
• Deal with repayment of any mortgages and apply to discharge the mortgage at the Land Registry
• Payment of sale proceeds 


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