In accordance with the SRA Transparency Rules we have set out below an average of the conveyancing costs we charge.
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. For a purchase we shall complete the Stamp Duty Land Transaction Return based on the information you provide and deal with the registration of your purchase with HM Land Registry.
The following list which is not exhaustive will incur increased costs:
- A sale or purchase with a share of freehold
- Any unusual circumstances such as length of the lease, planning or building regulations issues, listed building, estate management schemes or defective title
- expediting the transaction
- New builds
- Lease extension, deed of variation or other legal deed
- The price is above £1m
- Unregistered land
- Help to Buy Scheme or Help to Buy Isa
- Auction sale or purchase
- If the conveyancing partner is dealing with the transaction
Legal Fees – Freehold between £250k and £1m: average £990 to £1500 plus vat
Legal Fees – Leasehold between £250k and £1m: average £1,050 to £1500 plus vat
Bank Transfer fee £35 plus vat
Title documents are charged at the same rate as we are charged by the Land Registry
No additional fees for acting for a mortgage lender in the redemption of a first legal charge
For a leasehold sale, the Freeholder and or Management Company will be required to provide information and they will have their own charges which you will be liable for.
Legal Fees – Freehold between £250k and £1m: average £1,150 to £1500 plus vat
Legal Fees – Leasehold between £250k and £1m: average £1,250 to £1500 plus vat
Bank Transfer fee – £35 plus vat
For a Leasehold Purchase a Notice of Transfer/Mortgage will have to be sent to the Freeholder and any Management Company and they set their charges
Title documents and Land registry fees are charged at the same rate as we are charged by the Land Registry
We undertake the searches below and we charge you the same fees as we are charged by the Search provider. VAT is added to the search costs:
- Local Authority, Water and Drainage, Environmental, Planning and Chancel check £200 approx
Stamp Duty Land Tax – From 1 April 2016 there is an additional 3% stamp duty for an additional property and if you proceed to instruct us we shall send you a questionnaire to assist us in telling you whether your purchase is liable for the additional 3% . You can use the HMRC online calculator https://www.tax.service.gov.uk/calculate-stamp-duty-land-tax/#/intro
If you are purchasing with the aid of a mortgage please ensure this firm can also act for your lender. Most mortgage companies maintain a panel of solicitors who they are prepared to instruct. When a firm is not on a particular lender’s panel they cannot act for that lender. If we are unable to act for your lender and you wish to instruct this firm to act for you, we can do so on a ‘Dual Representational Basis’. We will help your lender/broker appoint a panel solicitor to act for them. Panel firms will charge an approximate fee £300.00 plus VAT.
Please feel free to complete our online conveyancing form for a personalised accurate quote or call our us on 020 8318 4345 .