All our conveyancing fees are bespoke and an estimate of charges will be given at the outset of each transaction.
Whilst every effort is made to ensure that the estimate is accurate, sometimes unforeseen circumstances may arise which may result in additional time being spent causing an increase in the anticipated work levels. If this happens, then the client will be advised of any prospective fee increase at such time.
Our standard introductory level of fees is as follows for sales and purchases:-
|£0 – £199,999||£500 Plus VAT|
|£200,000 – £299,999||£550 Plus VAT|
|£300,000 – £399,999||£600 Plus VAT|
|£400,000 – £499,999||£650 Plus VAT|
|£500,000 and over||POA|
Where applicable there will be additional costs involved as follows:-
|Telegraphic Transfer Fee||£35 Plus VAT|
|SDLT (Stamp Duty Land Transaction) Fee||£50 Plus VAT|
|Help To Buy Scheme Or Shared Ownership||£100 Plus VAT|
|Help To Buy ISA||£50 Plus VAT|
|New Build||£150 Plus VAT|
|Leasehold||£100 Plus VAT|
|Case Management Fee||£20 Plus VAT|
|Postages||£30 Plus VAT|
|Transfer of Equity Fee|
There will also be additional expenses known as disbursements, which we pay out to third parties as follows:-
|Copy HMLR Documents (where required per document)||£3.00|
|Office Copy Entries||£6.00||Bankruptcy Search Per Name||£2.00|
|Land Registry Search (per title)||£3.00|
|Coal Mining Search||£45.24|
|Water Authority Search||£60.00|
|Lender Exchange (certain mortgages only)||£12.00|
With regards to purchases, Land Registration fees are incurred on a scale determined by the Land Registry and are fixed.
Land Registration Fee:
|Up to £80,000||£20||£40|
|£80,001 – £100,000||£40||£80|
|£100,001 – £200,000||£95||£190|
|£200,001 – £500,000||£135||£270|
|£500,001 – £1,000,000||£270||£540|
Again, on purchases, there may be Stamp Duty payable calculated on the purchase price of the property and your personal circumstances and whether you already own another property or if there is a matrimonial Court Order. The amount payable can be calculated by visiting the Government’s HMRC website: https://www.gov.uk/stamp-duty-land-tax
These are the most common searched commissioned but some may not be required, depending on the location of the property.
The client will be advised of this at the time of the estimate is given. Normally, any estimate given will only include the local search fee.
In some leasehold cases fees may be payable to management companies/ground rent collectors for providing management packs in relation to sales and post completion requirements on purchases for example, notice of Transfer of Ownership, Notice of Mortgage and Deeds of Covenant.
In certain cases we may have to carry out a Lawyer Checker enquiry at £10.00 plus VAT and an Anti-Money Laundering Search (per name) at £7.50 plus VAT.