Our Property Related Fees
We quote a fee at the beginning of the Conveyancing 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
|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 existing 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
|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 at £175,000 with a mortgage is shown below
|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|
|Plus VAT at 20%||£171.40|
|Land Registry Fee||£95.00|
|Total figure payable||£2,423.40|