In accordance with the Solicitors Regulation Authority’s Transparency Rules, we have set out below our average conveyancing fees. The fees listed are for a conveyancing transaction which does not have any legal or complex issues. Our fees cover all of the work required to complete your sale, purchase or re-mortgage including dealing with payment of stamp duty and property registration where applicabl.
PURCHASE FREEHOLD
Purchase Price | Legal Fees |
---|---|
Up to -£500,000 | Average £1,250 to £1,500.00 Plus Vat |
£500,001-£1,000,000 | Average £1,250 to £1,700.00 Plus Vat |
PURCHASE LEASEHOLD
Purchase Price | Legal Fees |
---|---|
Up to -£500,000 | Average £1,400 to £1,700.00 Plus Vat |
£500,001-£1,000,000 | Average £1,600 to £2,100.00 Plus Vat |
SALE FREEHOLD
Sale Price | Legal Fees |
---|---|
Up to -£500,000 | Average £950 to £1,200.00 Plus Vat |
£500,001-£1,000,000 | Average £1,200 to £1,450.00 Plus Vat |
SALE LEASEHOLD
Sale Price | Legal Fees |
---|---|
Up to -£500,000 | Average £1,100 to £1,400.00 Plus Vat |
£500,001-£1,000,000 | Average £1,300 to £1,600.00 Plus Vat |
TRANSFER OF TITLE/RE-MORTGAGE
Legal Fees – | Average £950 to £1,500 Plus Vat |
Fee for Acting for Lender – | To be confirmed |
VALUE ADDED TAX
The fees quoted above are exclusive of VAT. We are required to charge VAT at the current rate of 20% in addition to the legal fees quoted.
DISBURSEMENTS FEES
In addition to the above, there are disbursements fees. We shall provide you with full details in our written quotation and client care letter subsequently. Disbursements are fees paid to third parties on your behalf, they are not our charges. See table below for list of disbursements. Do note that this is not an exhaustive list.
DISBURSEMENTS FEES LIST
Purchase of Freehold/Leasehold | Cost £ |
---|---|
Local Authority Search (includes drainage and environmental) |
Approx £300.0 |
Stamp Duty Land Tax – single property | TBC |
Office Copy Entries | £6.00-£12.00 |
Bankruptcy Fees (per person) | £2.00 |
Priority Search Fees | £3.00 |
Land Registration Fees | TBC |
Chancel Search (if applicable) | TBC |
Notice of Transfer, Notice of Charge, Deed of Covenant *Note: For Leasehold Purchase only |
|
Sale of Leasehold | |
Office Copy Entries | £12.00 |
Bankruptcy Fees (per person) | £2.00 |
Leasehold pack –from Freeholder or Managing Agent | TBC |
Sale of Freehold | |
Office Copy Entries | £6.00 |
Bankruptcy Fees (per person) | £2.00 |
RE-MORTGAGE | |
Office copy Entries | £6.00 |
Bankruptcy Fees (per person) | £2.00 |
Land Registration Fee | TBC |
* TBC: To be confirmed |
ADDITIONAL COSTS
There will be additional charges for the following transactions:
Do note the above is not an exhaustive list. However, we would always keep you fully informed where the transaction would attract any increase in the fees.
ADDITIONAL CHARGES LIST
Net £ | Vat £ | Gross £ | |
---|---|---|---|
Lost/ Duplicate Share certificate in Freehold or Management Company | 50.00 | 10.00 | 60.00 |
Execution of stock transfer form and new share certificate in Freehold Company | 50.00 | 10.00 | 60.00 |
Statutory Declaration | 150.00 | 30.00 | 180.00 |
Power of Attorney | 150.00 | 30.00 | 180.00 |
Licence to Assign | 275.00 | 55.00 | 330.00 |
Purchasing/ Selling share of Freehold | 200.00 | 40.00 | 240.00 |
Deed of Covenant | 175.00 | 35.00 | 210.00 |
Corresponding with mortgagee or solicitor holding off repossession | 200.00 per hour plus vat | ||
Deed of Variation | 300.00 | 60.00 | 360.00 |
Surrendering a Lease | 275.00 | 55.00 | 330.00 |
Lease Extension | 400.00 | 80.00 | 480.00 |
Grant of New Lease | 450.00 | 90.00 | 540.00 |
Removal of registered caution/ restriction | 150.00 | 30.00 | 180.00 |
Dealing with third party mortgage company lawyers | 400.00 | 80.00 | 480.00 |
Electronic transmission of money outside of the UK | 80.00 | 16.00 | 96.00 |
Cheque returned unpaid or stopped | 25.00 | 5.00 | 30.00 |
Dealing with Third party lawyer | 250.00 | 50.00 | 300.00 |
Approving, researching or arranging title repair/ indemnity insurance policy | 45.00 | 9.00 | 54.00 |
Separate parking space lease (additional land registry and landlord’s notice fee will apply) | 150.00 | 30.00 | 180.00 |
Administrative fee on retention whether held by us or the other solicitor | 200.00 | 20.00 | 120.00 |
Fees added when monies are paid by credit/ debit card | 0% | ||
Deed of Trust | 275.00 | 55.00 | 330.00 |
Obtaining Landlord’s consent (including retrospective) to alterations to property | 275.00 | 55.00 | 330.00 |
Expedited completion (less that 2 weeks between exchange and completion) | 150.00 | 30.00 | 180.00 |
Dealing with Gift Deposits | 100.00 | 20.00 | 120.00 |
Our Handling fee for Bank Transfer | 30.00 | 6.00 | 36.00 |
SCOPE OF SERVICES FOR FEES QUOTED
Purchase
Sale
Transfer of Title/ Re-mortgage
TIMESCALE
On average, conveyancing matters take between 2 to 6 months to conclude. However, some cases may take longer depending on the circumstances of the transaction. We will keep you updated throughout the course of your transaction.
SOLICITOR RESPONSIBLE FOR YOUR CASE
Your matter will be handled by the Principal Solicitor who has been a practising solicitor for several years. In addition, we also have paralegals and caseworkers who carry out work on case files under the supervision of the Principal Solicitor.
All fees quoted are for guidance purposes only.