No transaction is exactly the same and our fees will reflect the particular requirements of your sale or purchase.
The following are factors which determine the legal costs or disbursements significantly:
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 is in Wales.
Our fixed fees for a typical house purchase range from £995.00 plus Vat for a simple transaction to £3,000.00 plus Vat. These figures may however vary in cases with special complications. That is why we will always give you an individual cost estimate at the start of the transaction, taking into account the actual features of your purchase including the timescales involved. We will always advise you immediately about any complication and discuss the potential impact on price before any additional charges are incurred.
For transactions over £1,000,000.00 please contact us for a quotation.
| The following are disbursements which you will incur in addition to our fees on a standard transaction. These are subject to changes by the third party provider. | |
|---|---|
| Searches: £300.00 - £400.00 depending on the local authority | |
| Land Registry fee dependent on the purchase price | |
| Lawyer checker: £15.00 plus Vat | |
| Pre-completion searches: £20.00 | |
| Bankruptcy search: £2.00 per name | |
| Company Court Check: £12.00 plus Vat | |
| Acting for Lender: £295.00 plus Vat | |
| Administration fee for submission of SDLT Form: £150.00 plus Vat | |
| Administration fee for bank transfer: £30.00 plus Vat per transfer | |
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.
Our fixed fees for a typical leasehold purchase range from £1,100.00 plus Vat for a simple transaction to £3,000.00 plus Vat. These figures may however vary in cases with special complications. That is why we will always give you an individual cost estimate at the start of the transaction, taking into account the actual features of your purchase including the timescales involved. We will always advise you immediately about any complication and discuss the potential impact on price before any additional charges are incurred.
For transactions over £1,000,000.00 please contact us for a quotation.
| The following are disbursements which you will incur in addition to our fees on a standard transaction. These are subject to changes by the third party provider. | |
|---|---|
| Searches: £300.00 - £400.00 depending on the local authority | |
| Land Registry fee dependent on the purchase price | |
| Lawyer checker: £15.00 plus Vat | |
| Pre-completion searches: £20.00 | |
| Bankruptcy search: £2.00 per name | |
| Company Court Check: £12.00 plus Vat per company | |
| Acting for Lender: £295.00 plus Vat | |
| Administration fee for submission of SDLT Form: £150.00 plus Vat | |
| Administration fee for bank transfer: £30.00 plus Vat per transfer | |
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.
Following our appointment as your solicitors, we will:
• Contact you and request the required information and documents to carry out anti-money laundering checks.
• Contact the seller’s solicitors and request the draft documentation.
• Receive the contract, title and supporting documents from the Seller’s solicitors.
• Carry out appropriate searches with public authorities and statutory undertakings.
• Raise enquiries on the documents provided by the Seller’s solicitors and approve the draft contract.
• Report to you on the documents and the contract.
• Take your instructions on any enquiries that you wish to raise and any amendments that you require to the draft documents.
• Reporting to you on results of the searches carried out and raise any further enquiries on those results.
• Report to you on the terms of the mortgage offer (if applicable) and report all relevant matters to the lender (if applicable).
• Receive the replies to our enquiries from the Seller’s solicitors and report to you in respect of these.
• Report to you on the agreed documents, raise any further enquiries and report to you in relation to the replies to these further enquiries.
• Report to you once confirmation is received from your lenders that any matters disclosed to them are acceptable to them.
• Proceed on your authority and when able to do so to an exchange of contracts.
• Request the loan advance from your lender.
• Prepare a completion statement for the balance of monies required from you prior to completion.
• Carry out pre-completion searches and requisitions on title with the Seller’s solicitors.
• Complete the purchase of the property.
• Submit the necessary return to the tax authorities in respect of the stamp duty land tax.
• Upon your authority, obtain any necessary indemnity policies.
• Serve any required notices on third parties.
• Submit an application to the HM Land Registry for the registration of your ownership and your mortgage.
• Once registered forward to you and to your lenders the registered title and any supporting documentation.
Our fixed fees for a typical freehold sale range from £995.00 plus Vat for a simple transaction to £3,000.00 plus Vat. These figures may however vary in cases with special complications. That is why we will always give you an individual cost estimate at the start of the transaction, taking into account the actual features of your sale including the timescales involved. We will always advise you immediately about any complication and discuss the potential impact on price before any additional charges are incurred.
For transactions over £1,000,000.00 please contact us for a quotation.
| The following are disbursements which you will incur in addition to our fees on a standard transaction. These are subject to changes by the third party provider. | |
|---|---|
| Acting for Lender: £195.00 plus Vat | |
| Administration fee for bank transfer: £30.00 plus Vat per transfer | |
| Title documents from Land Registry: £3.00-£20.00 | |
| Lawyer checker: £15.00 plus Vat (if applicable) | |
| Company Court Check: £12.00 plus Vat per company | |
| Management Pack from the freehold management company (if applicable): fees vary for each management company | |
Our fixed fees for a typical leasehold sale range from £995.00 plus Vat for a simple transaction to £3,000.00 plus Vat. These figures may however vary in cases with special complications. That is why we will always give you an individual cost estimate at the start of the transaction, taking into account the actual features of your sale including the timescales involved. We will always advise you immediately about any complication and discuss the potential impact on price before any additional charges are incurred
For transactions over £1,000,000.00 please contact us for a quotation.
| The following are disbursements which you will incur in addition to our fees on a standard transaction. These are subject to changes by the third party provider. | |
|---|---|
| Acting for Lender: £195.00 plus Vat | |
| Administration fee for bank transfer: £30.00 plus Vat per transfer | |
| Title documents from Land Registry: £3.00-£20.00 | |
| Lawyer checker: £15.00 plus Vat (if applicable) | |
| Company Court Check: £12.00 plus Vat per company | |
| Management Pack from the freeholder/management company/managing agents: fees vary for each freeholder/management company/managing agent | |
Following our appointment as your solicitors, we will:
• Contact you and request the required information and documents to carry out anti-money laundering checks.
• Confirm instructions with the buyer’s solicitors.
• Forward to you forms to be complete and request from you any additional information.
• Obtain your property title from HM Land Registry and prepare the draft contract and other documents to be submitted to the buyer’s solicitors.
• Draft replies to enquiries raised by the buyer’s solicitors and liaise with you and third parties to obtain further information as required.
• Report to you on the agreed documents and arrange for the contract and the transfer document to be signed in readiness for an exchange of contracts.
• Exchange contracts upon receipt of your instructions.
• Obtain estate agents’ account for you to approve (if applicable).
• Request a statement from your lenders as to the amount required to pay off your mortgage and (in the case of a sale of leasehold property) a statement from any relevant managing agents.
• Provide replies to further enquiries raised by the buyer’s solicitors after exchange of contracts.
• Prepare a completion statement setting out the balance due to you on completion of the sale and how it is arrived at.
• Complete the sale, redeem any mortgages and pay any fees due to your estate agents.
• Pay the balance of the proceeds of your sale to you.
Most property transactions take between 8 and 12 weeks from commencement to conclusion. This timescale depends on various factors, such as whether the transaction is part of a chain of transactions, or where there are mortgage or public authority search delays or whether there are any matters that have been identified during the conveyancing process that require resolving for the matter to complete.
Our fixed fees for a typical remortgage range from £595.00 plus Vat for a simple transaction to £1,000.00 plus Vat. These figures may however vary in cases with special complications. That is why we will always give you an individual cost estimate at the start of the transaction, taking into account the actual features of your remortgage including the timescales involved. We will always advise you immediately about any complication and discuss the potential impact on price before any additional charges are incurred.
For transactions over £1,000,000.00 please contact us for a quotation.
| The following are disbursements which you will incur in addition to our fees. These are subject to changes by the third party provider. | |
|---|---|
| Administration fee for bank transfer: £30.00 plus Vat per transfer | |
| Title documents from Land Registry: £3.00-£20.00 | |
| Lawyer checker: £15.00 plus Vat (if applicable) | |
| Company Court Check: £12.00 plus Vat per company | |
| Pre-completion searches: £20.00 | |
| Bankruptcy search: £2.00 per name | |
| Land Registry fee: dependent on the remortgage value | |
| Management Pack from the freeholder/management company/managing agents (if applicable): fees vary for each freeholder/management company/managing agent | |
Most property transactions take between 4 and 8 weeks from commencement to conclusion. This timescale depends on various factors, such as where there are public authority search delays or whether there are any matters that have been identified during the conveyancing process that require resolving for the matter to complete and obtaining information required from third parties.
• Advising on whether the proposed purchase or sale or the grant or the taking of a lease is suitable in the circumstances prevailing or because of your personal circumstances.
• Advising on any aspect of taxation, including the possibility of any tax efficiency schemes or avoiding a taxation liability whether in relation to Stamp Duty Land Tax or to any other tax.
• Advising on the structural soundness of the property in question and any matters relating to the condition of the property or any service media or access ways serving the property.
• Advising on the suitability of any insurance cover relating to the property.
• Determining or promising or representing to you that the person selling any property to you is the true owner or the registered proprietor of the property, or is entitled to sell the property to you.
• Advising you on any environmental issues.
• Advising you on the suitability of your mortgage or any other financial arrangements. We will not review or advise upon any financial arrangements, financial documents or financial covenants.
• Advising on or drafting any declaration of trust.
• Advising on or drafting documents relating to gifts of money.
• Advising on or drafting any documents relating to the grant, reservation or imposition of new easements, covenants or other stipulations relating to the property in question or any other property.
• Advising and acting on extending the term, of your lease.
• Advising on any personal guarantees.
• Advising on problems arising as a result of missing or lost deeds or documents or from the property title requiring additional documentation or indemnity insurance rectification or amendment to the title.
• Disputes arising on or after completion.
• Value Added Tax is chargeable in respect of and in addition to all our fees, at the prevailing rate, currently 20%.
• Value Added Tax is also chargeable at the prevailing rate, currently 20% in respect of certain disbursements of which we will notify you in advance.