Cost Information

Our fees are based on several different factors including the experience of the lawyer dealing with your transaction and the nature and complexity of the transaction itself. Accordingly, you will be provided with a bespoke fee estimate prior to formally instructing this firm to act on your behalf. Issues may arise during a transaction which we are not aware when we provide our initial fee estimate which will result in an increase in our fees. We will try to notify you as soon as possible of any additional costs during the transaction itself.

Details of our costs below is to be treated as indicative pricing information on the average transaction and as such the bespoke fee estimate may be more than the indicative pricing shown here.

Indicative pricing information for residential conveyancing. Please request a bespoke fee estimate

Sale Price (freehold & leasehold) £50000.00 £500000.00 £500,001.00 to £100000.00 Over £1000000.00
Legal fee

Management company legal fee if required

 £845 to £1200 plus vat

£200 plus vat

 £1200 to £3000 plus vat Please request a bespoke quote
Purchase Price (freehold & leasehold) £50000.00 to £500000.00 £500,001.00 to £1000000.00 Over £1000,000.00
Legal fee

Management company legal fee if required

 £845 to £1200 plus vat

£200 plus vat

 £1200 to £3000 plus vat Please request a bespoke quote

VAT will be charged on the above legal fees at the current rate applicable at the time

Please note that we do not charge extra to the fees above if you are purchasing with the assistance of a mortgage (with the exception of the Help to Buy funding or Help to Buy ISA as detailed below)

Additional Legal Fees may be incurred depending upon the nature of the transaction –  Please see examples below.

1. Bank transfer fee £40 plus vat
2. BACS Transfer fee £15 plus vat
3. New build supplement £200 plus vat
4. Gift £100 plus vat
5. Routine ID/AML checks per person £25 plus vat
6. International ID checks – pricing from £100 plus vat
7. Help to Buy Funding £150 plus vat
8. Help to Buy ISA for each ISA £70 plus vat
9. SDLT Form (stamp duty on a purchase) £90 plus vat
10. Shared ownership purchases/sales £250 plus vat
11. Indemnity insurance £25 plus vat

This list is not exhaustive and if a particular transaction requires additional work that is not included in the estimate you will be informed of this and what the additional costs will be at the earliest opportunity. Matters typically exceed the quoted fee when they are particularly complicated, for example when a lease has to be extended as part of the purchase of a leasehold property or where there are complicated title issues or rights of way/boundary issues which require resolving as part of the purchase/sale process.

Disbursements (these are costs payable to a third party that relate to your transaction)

Average Sale Disbursements

1. AML identity Search per person £4.20
2. HM Land Registry fee Office copies plans & copy docs £9.00
3. Mortgage redemption fee for early repayment this will depend upon your mortgage terms
4. Management Company fee for a management company pack on the sale of a leasehold property – dependant on Lease terms £200.00 plus vat
5. Landlords consent to assignment of a leasehold property the fee is governed by the terms of the lease but the average fee is £150.00 plus vat
6. Bank checker £4.50 plus vat

Average Purchase Disbursements

1. AML identity Search per person £4.20
2. Bank checker £4.50 plus vat
3. Stamp duty – varies dependent upon the purchase price of the property and whether the property will be your principal main residence worldwide. Please click on the following link to HMRC website for details of the stamp duty payable on your purchase –
http://www.hmrc.gov.uk/SDLT/calculateors.htm
4. Searches includes Local, Environment, Drainage, Coal Mining (if in coal mining area) and HM Land Registry searches £200 to £320
5. HM Land Registry fee for registration of the property in your name. This varies dependent upon the price of the property you are purchasing. Please click on the attached link to HMLR website for details of fees charged
http://www.gov.uk/guidance/hm-land-registry-registration-services-fees
6. On Leasehold –Landlords Notice of assignment £155.00 plus vat

Please note that disbursements may increase on any particular matter from the examples above mentioned or there may be additional unanticipated disbursements as the matter proceeds. You will be informed of any increases in anticipated disbursements or additional disbursements at the earliest opportunity.

If you require a specific estimate for your transaction then please contact us filling out the following form:

Enquiry Form to complete

    Requests for a specific estimate : please provide the following information to help generate a conveyancing estimate:

    Average fees payable on commercial matters including development work

    Our fees for dealing with commercial transactions will be based on an hourly rate of £250 plus vat per hour and will also be calculated by reference to the value of the transaction and the complexity of the transaction. We recommend that you obtained a detailed estimate from us for each commercial transaction.

    Abortive Fees

    Should your transaction fail to proceed to completion of a sale or purchase then our charges for this aborted transaction will be such sum as is reasonable, having regard to the amount of work which has been done by that stage in the transaction together with VAT and any disbursements paid or are due and owing to a third party. Our fees will not exceed the amount of the fee estimate unless you have been previously advised of a fee increase in the normal course of the transaction.

    Referral Fees

    On occasions a client is referred to us by a Third Party and we may have a referral fee arrangement with that Third Party. The average referral fee we pay to a Third Party is £150.00 plus vat at the current rate. If a referral fee is payable we will notify you in writing of the amount paid by way of a referral fee paid, if applicable, at the outset of your transaction in our instruction letter.

    Services Information on Residential Conveyancing

    Sale

    1. Obtaining your title documentation and other documentation relevant to the sale
    2. Supplying information to your Buyers regarding the sale of the property
    3. Agreeing terms of the Contract for Sale with your Buyers representative
    4. On Leasehold obtaining the management company pack and calculating apportionments of service charge and grounds rents
    5. Obtaining details of the mortgage redemption figure
    6. Answering questions raised by your Buyers and liaising with you in this regard
    7. When everyone is ready and a moving date has been agreed with the Buyers, exchanging contracts. This is a key stage in your sale as this is the stage at which you are committed to selling your property
    8. Agreeing the Transfer documentation
    9. Arranging for your to sign all relevant documentation
    10. Making pre completion legal arrangements and checks
    11. Preparation of a completion statement for you showing money received and outgoings and balance due to you.
    12. Preparation of a completion statement to the Buyer showing money required to complete
    13. On moving day:
        • Receiving the purchase money from your sale
        • Paying off your old mortgage if any
        • Paying any estate agent commission and our own charges
        • Accounting to you for any remaining money from the sale proceeds
    14. On the day of completion sending the transfer documentation to the purchaser’s representative to complete the sale. This is a key stage in the transaction as once we have received the monies on your behalf you no longer own the property.

    Purchase

    1. Obtain information from your Sellers regarding the property you wish to purchase.
    2. Checking the title documentation to ensure that the Sellers have good title to the property
    3. Agreeing the terms of the Contract for the purchase
    4. Raising enquiries with the Sellers about the property and reporting to you
    5. Liaising with your mortgage lender and obtaining the mortgage offer instruction to us acting on your behalf. Checking the mortgage offer and the valuation.
    6. Acting for your lender to ensure that their interests are properly protected, if you are getting a mortgage
    7. When everyone is ready and a moving date has been agreed with the Sellers, exchanging Contracts. This is a key stage in the transaction as this is the stage when you are legally committed to purchasing the property.
    8. Getting the mortgage money from your lender if you are buying the property with the assistance of a mortgage and any balance required from you
    9. Preparation of a completion statement for you showing the amount of money required in order to complete the transactions
    10. Dealing with Help to Buy requirements, Help to Buy ISA requirement, Shared ownership requirements and or family gifts
    11. On moving day:
        • Pay the Sellers representative the purchase price of the property
        • Send any surplus funds in our possession to you.
        • This is the final key stage in the process as you will now own the property.
    12. Register you as the owner of the property at HM Land Registry
    13. Preparation and submission of the Stamp Duty Land Tax Return for HM Revenue & Customs and payment of stamp duty if applicable
    14. On Leasehold properties notify the landlord and the management company of a change in ownership and pay their relevant fees
    15. Providing you and your Lender with a copy of your title documentation following registration at HM Land registry

    Please note that the government reports that on average it takes 2/3 months for a conveyancing transaction to go through once lawyers are instructed when a sale and/or purchase have been agreed between the parties.

    Your transaction will be handled by a qualified lawyer with support from a team of paralegals and you will be notified in the instruction letter of the name of the lawyer appointed to handle your case.  There is  dedicated contact with the lawyer appointed to deal with your matter by email or phone as well as face to face meetings by appointment and in writing.

    For further details of our team of lawyers, their experience and qualifications please see details of our team in the About Us section of our website.