Walters and Barbary Solicitors

Experts in Property Law

This is probably the most important transaction in your life. Consult us at the outset and we will guide you every step of the way through to completion.

Contact Us

Please get in touch to discuss your legal requirements:

Call: 01209 712454

Buying or Selling a House

Buying and selling a house can be one of the most stressful and important transactions of your life.  However we aim to help you through it by clearly explaining each step of the process and actively engaging with all parties to ensure that you are fully informed at all times.

The main stages to a conveyancing transaction are as follows;

Obtaining client instructions and initial paperwork

Preparing or reviewing a contract

Raising or replies to enquiries

Exchanging contracts and setting a date for actual completion

Sending and receiving funds and releasing keys on the date

Dealing with stamp duty and land registration

In total the process commonly takes between 8 and 12 weeks but can vary immensely depending on each property and client.  However we attempt to work with the client to reach any deadlines that are the important to them. 

Fees

We quote a fee at the beginning of the transaction and we will inform you as soon as possible if this fee increases due to the complexity of your particular transaction

Our costs range from £595 - £995 plus vat at 20% on a sliding scale for properties between £0 and £1m.  A template scale is shown below for your reference but the final fee quoted can sometimes alter slightly depending on the property.  These figures are excluding any disbursements to third parties.

Price of Property

Our Costs

Up to £150,000

£595 plus vat

£150,000 – £200,000

£650 plus vat

£200,000 – £250,000

£695 plus vat

£250,000 – £300,000

£795 plus vat

£300-£500,000

£895 plus vat

£500,000- £1m

£995 plus vat

£1m +

by negotiation

This includes all correspondence telephone calls meetings and file perusal required for selling the property or purchasing your standard freehold property.

We charge additional fees for the following

 

Our Costs

Leasehold property

£125 plus vat

Shared ownership

£120 plus vat

New build

£125 plus vat

Land searches

£6-9 approximately plus vat

Stamp duty return

£50 plus vat

First registration of an unregistered property

£75 plus vat

Acting for a lender

£125 plus vat

Redeeming an old mortgage

£55 plus vat

Telegraphic Transfer Fee to other side or mortgage company

£25 plus vat each

This list is not exhaustive and we would inform you as soon as possible if we thought there would be an additional charge attached to your transaction.                                                                          

Other Property Matters                                                                                    

We also act in other general property matters such as

 

Our Costs

Transfers of Equity

£350 plus vat

First Registration

£250 plus vat

Equity Release

£500 plus vat

These are all subject to any additions as shown above.

All usual disbursements charges by third parties are charged in addition without any add on costs from us.  The disbursements will depend on the situation but for example may include search fee, Stamp duty, leasehold notice fees. 

An example total cost for a standard freehold purchase with a mortgage at £175,000 is shown below

Our Costs 

£650.00

Additional cost in acting for mortgage company

£125.00

Bank Transfer Fee to seller’s solicitors   

£ 25.00

Stamp Duty Return

£50.00

Land Registry Searches

£7.00

Total

£857.00

Plus VAT at 20%

£171.40

Disbursements

 

Searches

£300.00

Stamp Duty 

£1,000.00

Land Registry Fee

£95.00

Total figure payable

£2,423.40


Testimonials

Thank you so much for your professional service. You guided me quickly and efficiently through the house sale process.

Walters & Barbary