Our Fees
Conveyancing
Our fees for conveyancing services will depend on the value of the property and the degree of complexity. We aim to offer good value for high-quality work and service.
Residential freehold and leasehold property conveyancing fees
Our fees – for typical purchases and sales at the value of:
| Property pricing | Fee |
| Up to £1m | £1,750 - £2,500 plus VAT |
| £1m - £3m | £2,500 - £5,000 plus VAT |
| £3m plus | From £5,000 plus VAT |
Re-mortgage of a residential property
Our fees – for a typical re-mortgage transaction at the value of:
| Property pricing | Fee |
| Up to £1m | £1,000 - £1,500 plus VAT |
| £1m - £3m plus | £2,000 – 5,000 plus VAT |
Where VAT applies, this is set at the standard rate of 20%
An example is given below but please do contact us without obligation for a specific quotation tailored to the particular work involved. The more information we have about the transaction the more accurate we can be.
Our fees will include
Purchase
- Dealing with identity requirements and other compliance
- Reviewing title and information supplied by the seller
- Carrying out searches and enquires
- Reporting to you on the transaction
- Acting for your mortgage lender
- Dealing with exchange of contracts
- Preparing for and dealing with completion
- Dealing with your Stamp Duty Land Tax Return and payment
- Registration at land Registry
Sale
- Dealing with identity requirements and other compliance
- Preparing sale contract and documentation
- Dealing with purchaser enquires
- Dealing with exchange of contracts
- Preparing for and dealing with completion
- Paying off existing mortgage and accounting to you for sale monies (if there are multiple charges or restrictions to be redeemed, we may charge additional fees depending on the work involved)
Remortgage
- Dealing with identity requirements and other compliance
- Reviewing mortgage offer and conditions and dealing with requirements of the lender
- Preparing mortgage documentation
- Preparing for and dealing with completion
- Paying off existing mortgage and accounting to you for sale monies
- Completing the remortgage and registering at Land Registry
Non-standard transactions
We may charge different fees for cases which have particular features or complications. For example,
- Leasehold Properties. Typical additional charge will be 25% of our usual fee
- Auction purchase. Typical additional charge will be 25% of our usual fee
- Unregistered title Registration of tile. Typical additional charge will be 25% of our usual fee.
- New build properties. Typical additional charge will be 25% of our usual fee.
- Islamic mortgage. Typical additional charge will be 25% of our usual fee.
- Help to buy. Supplement £250 plus vat
- Help to Buy ISA £50.00 plus vat
- Shared ownership. Supplement £500 plus vat
- Purchase of repossessed property. Typical additional charge will be 25% of our usual fee.
- Lease extensions and variations. Fees dependent on terms and complexity.
- Buy to let mortgages by specialist lenders
- Overseas identity and AML requirements (£500 to £1,000 plus vat)
- Documentation for Gifts of deposits (typically £250 plus vat)
- Dealing with defective titles
- Company cases. Additional fee and disbursements will apply
Some example simple cases are provided below
Example for a leasehold purchase of a flat for £500,000 for your residence
| Our fees | £2,000 |
| VAT | £400 |
| Disbursements & Searches | £350 |
| Land Registry priority searches inc VAT | £8.40 |
| Bankruptcy search per person | £7.20 |
| Stamp Duty Tax based on £500,000 | £10,000 |
| Land Registry fee | £150 |
| Check on the seller’s solicitors bank account | £18 |
| Electronic ID Checks | £20 |
| Fee payable to landlord to record change of ownership | £100 |
| Total | £16,653.60 |
SDLT will vary depending on your price and your circumstance. You can check SDLT using the government calculator which works in simple situations
https://www.tax.service.gov.uk/calculate-stamp-duty-land-tax/#!/intro
Searches vary depending on supplier and local authority.
Land Registry fee varies depending on value. Full information can be accessed from Land Registry via this link.
https://www.gov.uk/guidance/hm-land-registry-registration-services-fees
Landlord’s fees vary widely.
Other information
This information is provided for illustration purposes and to help clients understand how we charge for our services. Please do discuss your circumstances. If you instruct us, you will be provided with a tailored quotation in our client care letter / terms of business which will set out our relationship.
How long will my transaction take?
There is no set time. How long it will take from the sale being agreed until you can complete will depend on a number of factors. The average process takes between 12-18 weeks. We will advise you as best we can as the transaction progress.
It can be quicker or slower, depending on any other 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 might take 10-12 weeks.