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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.
Disbursements 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 are certain disbursements which will be set out in the individual lease relating to the Property. The disbursements which we anticipate will apply are set out separately below. This list is not exhaustive and other disbursements may apply depending on the terms of the lease. We will update you on the specific fees upon receipt and review of the lease from the seller's solicitors.
Our fee for dealing with a normal conveyancing property sale is:
| Sale Price | Our Legal Fees (Freehold) | Our Legal Fees (Leasehold) |
|---|---|---|
| £0 – £250,000 | £650 | £700 |
| £251,000 – £500,000 | £750 | £800 |
| £501,000 – £999,000 | £950 | £1,000 |
| £1,000,000+ | 1.5% - 1.75% | 1.5% - 1.75% |
Please note VAT will be added to our legal fees
If there are charges/ mortgage over the property you are selling we charge an additional fee of £125 plus VAT per mortgage assuming the mortgage is with a high street lender. This includes:
(These are costs related to your matter that are payable to third parties. We handle the payment of the disbursements on your behalf to ensure a smoother process)
In Leasehold matters we may also need to pay a fee to the Landlords Solicitors or Agents in respect of providing replies to Standard Leasehold Enquiries of the Landlord. This cost varies from one property to the next, depending on the fees confirmed in the Lease/ agreed with the landlord. We will advise you of this cost, however this usually ranges between £100 – £250 plus VAT.
You should note that these disbursements can vary from property to property and can on occasion be significantly more than the ranges given above. We can give you an accurate indication of costs once we have had sight of the specific documents. Other disbursements may apply depending on the terms of your Lease.
You should note that for all new clients of the firm, we will conduct an electronic ID search for Anti Money Laundering compliance. The administrative fee for arranging these checks is £15 plus VAT. If we are arranging the transfer of funds electronically, we will charge a fee for our time involved in arranging each transfer, for example sending the proceeds of sale to you on completion, the cost of this and the amount we pay to the bank for the transfer is £25 plus VAT per transfer.
Contact us today for a consultation and a transparent fee quote.
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