Moving Home

Residential Conveyancing Typical Fixed fees

We do not provide conveyancing services where we would need to act for institutional lenders and therefore our services are limited to buying and selling residential property. We provide services for freehold and leasehold residential sales and purchasers. Our conveyancing services are carried out by a solicitor.

Example Residential Freehold Purchase

Our fees cover all of the work* required to complete the purchase of a property 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, or Land Transaction Tax (Land Tax) if the property you wish to buy is in Wales.

Solicitor's fees:

• £650.00, we do not charge VAT for property values up to £450,000.00. Please contact us if the value is above £450,000.00 and we will provide an estimate of our legal fees. • Fees may vary from property to property. We can give you an accurate figure once we have sight of your specific documents.

Disbursements

Disbursements are costs related to your matter that are payable to third parties, such as Land Registry fees. We handle the payment of the disbursements on your behalf to ensure a smoother process. Disbursements are property specific. The disbursements detailed below are an example for a property value of £340,000.00.

Search fees

Search fees vary depending on where the property is situated and any optional search alerts for the particular property. Search fees for a recent transaction using the Property Search Group were as follows:

  • Local Search £50.00 plus vat £10.00 total £60.00
  • Drainage and Water Search £45.00 plus £9.00 total £54.00
  • Coal Mining Report £42.45 plus vat £8.49 total £50.94
  • Groundsure Energy & Transportation £30.00 plus vat £6.00 total £36.00 Search alert
  • Homecheck Professional Environmental £36.13 plus vat £7.23 total £43.36 additional search undertaken following a Search alert
  • Ground Sure Planning £24.00 plus vat £4.80 total £28.80 additional search undertaken following a Search alert
  • Extra Copies £4.17 plus vat £0.83 total £5.00

  • SUBTOTAL £231.75 plus vat £46.35 TOTAL £278.10

    Electronic money transfer fees:

    £12.00 under £100,000.00 or £30.00 if the value is over £100,000.00

    HM Land Registry fees: Land Registry fees vary depending on the property value, for example: o Values between £0 - £80,000.00 attract a £20.00 fee; o values between £200,001.00 to £5000,000.00 attract a fee of £135.00 • VAT as shown in searches

    SUBTOTAL search fees £278.10 + electronic transfer fee £30.00 + land registration fee £135.00 = £443.10

    ESTIMATED GRAND TOTAL (excluding Stamp Duty or Land Tax – see below): Legal Fees £650.00 + Disbursements £443.10 = £1093.10

    Stamp Duty or Land Tax (on purchase)

    This depends on the purchase price of your property. You can calculate the amount you will need to pay by using HMRC's website: https://www.tax.service.gov.uk/calculate-stamp-duty-land-tax/#/intro or if the property is located in Wales by using the Welsh Revenue Authority's website: https://gov.wales/land-transaction-tax-calculator The calculators have a range of variables and therefore it is not possible to provide you with an estimate of this tax please use the calculators. We are happy to calculate the tax for you if you contact us.

    Grand Total: £1093.10 plus Stamp Duty land tax or land Transaction tax

    How long will my house purchase take?

    How long it will take from your offer being accepted until you can move into your house will depend on a number of factors. The average process takes between 8 and 16 weeks.

    It can be quicker or slower, depending on the parties in the chain. For example:

  • be a first time buyer, with a mortgage in principle, it could take 6 weeks for the mortgage to be processed; or
  • if you are buying a leasehold property that requires an extension of the lease, this can take significantly longer, between 3 and 6 months. In such, a situation additional charges would apply.

    Stages of the process

    The precise stages involved in the purchase of a residential property vary according to the circumstances. However, below we have suggested some key stages that you may wish to include:

  • • Take your instructions and give you initial advice
  • • Check finances are in place to fund purchase and contact lender's solicitors if needed
  • • Receive and advise on contract documents
  • • Carry out searches
  • • Obtain further planning documentation if required
  • • Make any necessary enquiries of seller's solicitor
  • • Give you advice on all documents and information received
  • • Send final contract to you for signature
  • • Agree completion date (date from which you own the property)
  • • Exchange contracts and notify you that this has happened
  • • Arrange for all monies needed to be received from lender and you
  • • Complete purchase
  • • Deal with payment of Stamp Duty/Land Tax
  • • Deal with application for registration at Land Registry

    NOTE * Our fee assumes that:

  • this is a standard transaction and that no unforeseen matters arise including for example (but not limited to) a defect in title which requires remedying prior to completion or the preparation of additional documents ancillary to the main transaction
  • the transaction is concluded in a timely manner and no unforeseen complication arise
  • all parties to the transaction are co-operative and there is no unreasonable delay from third parties providing documentation
  • no indemnity policies are required. Additional disbursements may apply if indemnity policies are required.

    Example template: Purchase of a leasehold residential property

    We do not provide conveyancing services where we would need to act for institutional lenders and therefore our services are limited to buying and selling residential property. We provide services for freehold and leasehold residential sales and purchasers. Our conveyancing services are carried out by a solicitor.

    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, or Land Transaction Tax (Land Tax) if the property is in Wales.

    Solicitor's fees:

    • £650.00, we do not charge VAT for property values up to £450,000.00. Please contact us if the value is above £450,000.00 and we will provide an estimate of our legal fees. • Fees may vary from property to property. We can give you an accurate figure once we have sight of your specific documents.

    Disbursements

    Disbursements are costs related to your matter that are payable to third parties, such as Land Registry 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** (see below) will apply are set out separately below. This list is not exhaustive and other disbursements may apply depending on the term of the lease. We will update you on the specific fees upon receipt and review of the lease from the seller's solicitors.

    Disbursements are property specific. The disbursements detailed below are an example for a property value of £340,000.00.

    Search fees vary depending on where the property is situated and any optional search alerts for the particular property. Search fees for a recent transaction using the Property Search Group were as follows:

    Search

  • Local Search Fee £50.00 plus VAT £10.00 Total £60.00
  • Drainage and Water Search Fee £45.00 plus VAT £9.00 Total £54.00
  • Coal Mining Report Fee £42.45 plus VAT £8.49 Total £50.94
  • Groundsure Energy & Transportation Fee £30.00 plus VAT £6.00 Total £36.00 (Search alert)
  • Homecheck Professional Environmental £36.13 plus VAT £7.23 Total £43.36 (Search alert)
  • Ground Sure Planning Fee £24.00 plus VAT £4.80 Total £28.80 (Search alert)
  • Extra Copies Fee £4.17 plus VAT £0.83 Total £5.00

  • SUBTOTAL search fees £231.75 plus VAT £46.35 TOTAL £278.10

    Electronic money transfer fees:

  • £12.00 under £100,000.00
  • £30.00 if the value is over £100,000.00

    HM Land Registry fees: Land Registry fees vary depending on the property value, for example:

  • Values between £0 - £80,000.00 attract a £20.00 fee;
  • values between £200,001.00 to £5000,000.00 attract a fee of £135.00 • VAT as shown in searches

    SUBTOTAL searches £278.10 + electronic transfer fee £30.00 + land registry fee £135.00 = £443.10

    ESTIMATED GRAND TOTAL (excluding Stamp Duty or Land Tax – see below): £650.00 + Disbursements £443.10 = £1093.10

    Stamp Duty or Land Tax (on purchase)

  • This depends on the purchase price of your property. You can calculate the amount you will need to pay by using HMRC's website: https://www.tax.service.gov.uk/calculate-stamp-duty-land-tax/#/intro or if the property is located in Wales by using the Welsh Revenue Authority's website: https://gov.wales/land-transaction-tax-calculator

    Anticipated Disbursements**

  • Notice of Transfer fee – This fee if chargeable is set out in the lease. Often the fee is between £120.00 - £240.00.
  • Notice of Charge fee (if the property is to be mortgaged) – This fee is set out in the lease. Often the fee is between £120.00 and £240.00.
  • Deed of Covenant fee – This fee is provided by the management company for the property and can be difficult to estimate. Often it is between £260.00 and £390.00.
  • Certificate of Compliance fee - To be confirmed upon receipt of the lease, as can range between £120.00 to £240.00.

    The fees described above do vary from property to property and can on occasion be significantly more than the ranges given above. However, the range above is what we typically see in leasehold transaction. We can give you an accurate figure once we have sight of your specific documents.

    Ground Rent and Service Charges: You should also be aware that ground rent and service charge are likely to apply throughout your ownership of the property. We will confirm the ground rent and the anticipated service charge as soon as this we receive this information. An apportionment statement will allocated the ground rent and services charges between the seller and the buyer.

    How long will my house purchase take?

  • How long it will take from your offer being accepted until you can move into your house will depend on a number of factors. The average process takes between 8 and 16 weeks.
  • It can be quicker or slower, depending on the parties in the chain. For example:
  • if you are selling an existing property and buying another your buyer could be a first time buyer, with a mortgage in principle, it could take 6 weeks for the mortgage to be processed; or
  • if you are buying a leasehold property that requires an extension of the lease, this can take significantly longer, between 3 and 6 months. In such, a situation additional charges would apply.

    Stages of the process

    The precise stages involved in the purchase of a residential property vary according to the circumstances. However, below we have suggested some key stages that you may wish to include:

  • Take your instructions and give you initial advice
  • Check finances are in place to fund purchase and contact lender's solicitors if needed
  • Receive and advise on contract documents
  • Carry out searches
  • Obtain further planning documentation if required
  • Make any necessary enquiries of seller's solicitor
  • Give you advice on all documents and information received
  • Go through conditions of mortgage offer with you
  • Send final contract to you for signature
  • Agree completion date (date from which you own the property)
  • Exchange contracts and notify you that this has happened
  • Arrange for all monies needed to be received from lender and you
  • Complete purchase
  • Deal with payment of Stamp Duty/Land Tax
  • Deal with application for registration at Land Registry

    NOTE - * Our fee assumes that:

  • this is a standard transaction and that no unforeseen matters arise including for example (but not limited to) a defect in title which requires remedying prior to completion or the preparation of additional documents ancillary to the main transaction
  • this is the assignment of an existing lease and is not the grant of a new lease
  • the transaction is concluded in a timely manner and no unforeseen complication arise
  • all parties to the transaction are co-operative and there is no unreasonable delay from third parties providing documentation
  • no indemnity policies are required. Additional disbursements may apply if indemnity policies are required.
  • Fees vary from property to property and can on occasion be significantly more than the ranges given above. We can give you an accurate figure once we have sight of your specific documents.