Residential Conveyancing

OUR ESTIMATED CHARGES AND EXPENSES

We will charge you £995 based upon your purchase/sale/re-finance of the property up to £500,000. We set out below the other things that you will have to pay for, and an estimate of their likely cost:
Search Package

£290

Electronic ID Check per person

£15

Lawyers Check

£15

Stamp Duty Land Tax

Tbc

OCE and OCP, Priority Search

£16

Bankruptcy per name

£2

Companies House search (for companies)

Tbc

Land Registry fee

Tbc

Landlord's costs for enquiry (for leaseholds)

Tbc

Serving Notice Transfer/ Charge

Tbc

Other Searches

Tbc

OTHER TERMS:


  • VAT is applicable to our fees and certain expenses.
  • We work hard to ensure that we attain the highest level of standards. 

 

Please note that our fees are based upon certain assumptions as follows:

 

  • It is a straight forward transaction
  • Correspondence between us is kept to the minimum that is reasonably necessary
  • There are no Title defects or the Title is not unusually complex
  • No issues stemming to be resolved after exchange/completion
  • The transaction:                     

 

                             – is not a new build 

                             – is not subject to any affordable home ownership schemes

                             – is not a transfer of part

                             – is not subject to any tenancies

                             – is not unregistered or is held under multiple title numbers

                             – is not a mortgagee in possession

                             – is freehold but subject to the involvement of a management company

                             – is not subject to a deadline to exchange/complete 

                            – is not subject to any existing Legal Dispute

                            – is not being sold as part of a divorce settlement

  

Naturally, where the above assumptions are not met (and in particular should your matter become protracted or unusually complex) then, we reserve the right to make additional charges in order to reflect the additional time that is required and/or the additional risk that is borne by the firm. 

The above is an estimate only assuming this is a standard, non-complicated transaction. The estimate below is based on the information/your instruction which we have till date. It is not always possible to foresee at the outset the complexity of the matter. We reserve our right to charge you separately at our hourly rate of £200.00, if your matter:                                              

                                                             a.   gets complicated 

                                                             b.  we spend more than 9 hours working on your transaction

                                                            c.   if your transaction takes more than 3 months to complete

                                                           d.  if we handle more than 15 units of incoming and outgoing calls 

                                                           e.  if we handle more than 15 units of incoming and outgoing emails/letters

ADDITIONAL SERVICES FOR CONVEYANCING:

Although we tried to provide an accurate estimate of our fees and charges for your transaction, there are inevitably certain circumstances that occur during the process that could not have been foreseen at the outset. Therefore we, set out below the likely additional costs should any of these situations occur during your transaction.
VAT

20 %

Leasehold Property Fee

£200

Acting for the Lender or redeeming Charge, subsequent charge (£100)

£300

Completing SDLT

£175

Gifted Deposit or Family loan Fee per person

£150

Admin , posting & document reproduction

£90

File Storage

£60

Financial Transaction fee in/out each

£40

Joint Ownership Advice

£50

Arranging/ Approving Each Indemnity Insurance

£75

Abortive Transaction

£550

Newbuild Property Fee

£550

Shared Ownership Fee

£550

Help to Buy Fee

£550

Expedite Exchange with completion within 10 working days

£150

Simultaneous Exchange and Completion Fee same day

£350

Express completion, Specific quote

As Per Agreement

Linked Transaction: Same day sale/remortgage & purchase

£250

Declaration of Trust * Simple - £225,

Complex - £450

Unregistered Property Fee

£950

Dealing with Retentions

£250

Pre-Auction Advice ** Starting from:

£650

Companies House Registration

£175

Statutory Declaration ** Starting from:

£75

Drafting /approving an Assured Shorthold Tenancy

£550

Contract Race 1.5% of the purchase price up to 200k after that 1%

1.5% and/or 1%

Attending the office for an unscheduled appointment with your Legal Team

£75

Amendment to mortgage offer

£75

Dealing with Deed of covenant

£75

Purchase subject to Tenancy

£250