Conveyancing Fees
We offer a fixed fee for this type of service which is based on the value of the property in question. The prices below are for our legal fees for the complete service which includes:
Taking your initial instructions, undertaking due diligence exercises on the property, carrying out searches and raising enquiries, managing and exchanging contracts on your behalf, ensuring funds are transferred properly for completing the transfer of property, and registering the property in your name.
The below prices do not include VAT or disbursements.
Sales
from £490
Property value up to:
£200,000 = £490
£300,000 = £550
£350,000 = £600
£400,000 = £700
£500,000 = £750
£600,000 = £800
£700,000 = £850
£800,000 = £950
£900,000 = £1000
£1,100,000 = £1100
£1,999,999 = 0.10%
Includes:
Legal Fees
Note:
The above fee sale is based on selling a freehold property. We charge an additional fee for leasehold properties which depends on the extra work involved. Please contact us for a bespoke quote.
Timescale:
A typical property sale will take between 8 and 12 weeks.
Payment on Completion
Purchases
from £490
Property value up to:
£200,000 = £490
£300,000 = £550
£350,000 = £600
£400,000 = £700
£500,000 = £750
£600,000 = £800
£700,000 = £850
£800,000 = £950
£900,000 = £1000
£1,100,000 = £1100
£1,999,999 = 0.10%
Includes:
Legal Fees
Note:
The above fee sale is based on selling a freehold property. We charge an additional fee for leasehold properties which depends on the extra work involved. Please contact us for a bespoke quote.
Timescale:
A typical property sale will take between 8 and 12 weeks.
Payment on Completion
Remortgages
from £350
Property value up to:
£400,000 = £350
£500,000 = £400
£600,000 = £500
£700,000 = £600
£800,000 = £700
£900,000 = £800
£1,100,000 = £900
£1,400,000 = £1000
£1,999,999 = £1250
Includes:
Legal Fees
Timescale:
A typical remortgage can take between 4 and 6 weeks
Deposit Required:
We require £100 on account in respect of search fees
Payment on Completion
There may be additional tax due on this matter which would be separate to the estimated cost. Please visit the below links for more information:
WRA Land Transaction Tax Calculator (Properties in Wales)
HMRC Stamp Duty Tax Calculator (Properties in England)
The above information is a guideline of costs charged. For a precise detailed quotation please contact us by telephone or email with your exact requirements. Please note that sometimes a quoted fee may increase due to unforeseen circumstances e.g.:
- if legal title is defective or part of the property is unregistered
- if it is discovered that building regulations or planning permission has not been obtained
- if crucial documents previously requested from a client have not been provided
- if there is more than one mortgage involved
Disbursements are costs related to third party services which we pay on your behalf. We have not included the following disbursements which are priced based on the cost these services are charged to us:
- ID Checks
- Land Registration Fees
- Plan & Deeds Application Fee to the Land Registry
- Bankruptcy Searches
- Indemnity Insurance on Searches
The cost of Local, Drainge, Mining, Environmental and anyother Pre-Exchange searches depend sometimes on the area you are buying. Please contact us to ask us for detailed cost information for the property you are buying.
There may be additional fees based on the nature of your sale or purchase. The most common ones to arise are listed below.
- Help to Buy ISA Draw Down
- Leasehold Legal fee
- Shared Ownership Fee
- Dealing with a Freehold Reversion
- Dealing with a Lease extension
- Discharging a Help to Buy 2nd Legal Charge
Our Process
PURCHASES & SALES
STAGE 1 – Taking Instructions
At this stage we will establish contact with everyone involved, and collect all relevant documents and information required to get the process started.
STAGE 2 – Pre-Contract
This is where we do our due diligence. We obtain the necessary legal searches on the property and raise enquiries as well as reviewing the deeds and related paperwork to ensure good title to the property. If we do see anything out of the ordinary, we’ll discuss it with you and work out how to move forward. When you’re selling a property with us we respond to the new buyer’s queries and they obtain the searches.
On checking the title we draft up a contract to confirm the terms of the property transfer. Once the contract is approved it can be signed along with the transfer. We’ll then invite you to sign it and transfer us your deposit if you’re purchasing.
STAGE 3 – Exchanging Contracts
At the point where contracts are exchanged the transfer of property becomes binding. We will transfer your deposit if you’re purchasing and agree a ‘completion date’ which is when we will transfer ownership.
STAGE 4 – Completion
This is the day that the transfer is completed. Solicitors will confirm the transfer of funds due, and the keys are released from your estate agents – congratulations on owning your new home!
STAGE 5 – Post Completion
Following completion we will set about arranging the payment of any land tax due, and the registration of the transfer of property with the Land Registry.
MORTGAGES & RE-MORTGAGES
STAGE 1 – Reviewing the Mortgage
When it comes to mortgages we are required to review the offer as well as the other property documents (e.g. deeds). We’ll check over your mortgage offer and make sure all the conditions are met. We may have to carry out some searches on the property at this point as well, to satisfy your mortgage lender.
STAGE 2 – Arranging Completion
Once your lender and you are content with the offer and that conditions have been met you sign the Mortgage Deed. We then get an up-to-date settlement figure for your existing mortgage and we set a date to transfer all of the funds.
STAGE 3 – Completion
On the day of completion we will settle any existing mortgages and we transfer any money left over to you. Finally, we register your new mortgage at the Land Registry.