Conveyancing Fees
Residential Conveyancing Services and Indicative Fees–
| Property Price | £0 – £250,000 | £250,001 – £500,000 | £500,001 – £750,000 | £750,001 – £1,000,000 | £1,000,000 + | |
| Legal Fee | £1200.00 | £1,400 | £1,600 | £1,800 | 0.25% – 1% |
Please note that these Indicative fees do not include 20% VAT and are subject to complexities of individual cases
| Additional Costs, Disbursements Charges from Third Parties (costs are approximate, do not include 20% VAT and are subject to conditions of individual matters) |
|||
|---|---|---|---|
| Local Authority Searches | £150 – £300 | ||
| Management Pack (for Leasehold Properties) | £150 – £500 | ||
| Drainage & Water Search | £50 – £80 | ||
| Chancel Search | £24 – £50 | ||
| Other searches such as environmental, flooding, etc may be applicable depending on individual transactions | £50 – £200 | ||
| Bank Transfer Fee | £36 | ||
| Land Registry Office Copy | £3 | ||
| Land Registry Bankruptcy Search | £2 | ||
| Land Registry Application Fees (For Transfer of Whole Property) | Property Transfer Value | LR Portal Fee | |
| £0 – £80,000 | £20.00 | ||
| £80,001 – £100,000 | £40.00 | ||
| £100,001 – £200,000 | £100.00 | ||
| £200,001 – £500,000 | £150.00 | ||
| £500,001 – £1,000,000 | £295.00 | ||
| £1,000,001 and over | £500.00 | ||
| Land Registry Application Fees (for Transfer of Part of Property) | |||
| £0 – £100,000 | £45.00 | ||
| £100,001 – £200,000 | £70.00 | ||
| £200,001 – £500,000 | £100.00 | ||
| £500,001 – £1,000,000 | £145.00 | ||
| £1,000,001 and over | £305.00 | ||
| Stamp Duty and Land Tax. See link to Stamp Duty Calculator https://www.tax.service.gov.uk/calculate-stamp-duty-land-tax/#/intro for properties in England or Land Transaction Tax https://gov.wales/land-transaction-tax-calculator for properties in Wales (presuming single property ownership and by individuals) | |||
Disbursements These 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 may be other disbursements which will be set out or required in individual matters.
Our fees cover all of the work required to complete the sale, purchase or re-mortgage of your property, 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 buy is in Wales.
The timescale for your property purchase, from your offer being accepted until you can move in will depend on a number of factors. The average process (subject to there being no complexities or unforeseen circumstances) takes between 6 and 8 weeks, 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 approximately 6 weeks. However, if you are buying a leasehold property that requires an extension of the lease, this can take significantly longer. In such a situation, additional charges would apply.
Our fee assumes that:
- This is a standard transaction and that no unforeseen matters arise, including (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 transaction is concluded in a timely manner and no unforeseen complications arise
- All parties to the transaction are co-operative and there is no unreasonable delay from third parties providing documentation
- No indemnity policies are required. Additional disbursements and charges may apply if indemnity policies are required.
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.
Any abortive or uncompleted matters will be charged at a level represented by the volume of work and time undertaken and of the stage of the transaction reached before matters became abortive or the matter failed, which will be communicated to you at the time that the transaction ceases.
If no fixed fee is agreed or there is an abortive charge or variation or change to be paid otherthan by fixed fee, the hourly rate will apply.
The timescale for completion of your matter will depend on a number of factors. The average process (subject to there being no complexitiesor unforeseen circumstances) takes between 6 and 8 weeks.
