Conveyancing Guidance Fees
Every very case is unique. Our conveyancing team are highly experienced and can handle even the most complicated conveyancing transactions. We work closely with all our clients to help them achieve their preferred deadline. We offer competitive prices in respect of our fees and should be used a guide only. We are happy to discuss your property transaction and assist you in obtaining a quote by phone or in writing.
Residential conveyancing work is undertaken by Partners, Consultant Solicitors and qualified conveyancers/Solicitors ranging between a year and 25 years’ post-qualification experience. They will be supported, where applicable, by Paralegals, Support Staff, and Trainee Solicitors.
Our fees are based mainly on the time spent by the partners, solicitors and other staff involved in your matter. This includes: time spent on meetings; drafting of documents; reading and research; preparing and working on papers and correspondence; telephone calls and time travelling in connection with your matter.
We charge a fixed fee on a sliding scale, dependent on the value of the property concerned, as follows:
| Transaction Value | Legal fees (plus VAT) | Acting for Lender Fees | Fees if Leasehold (uplift on legal fees) |
| Up to £500,000 | £1,295 + VAT at 20% | £295 | £250 |
| £500,001 – £650,000 | £1,395 + VAT at 20% | £295 | £295 |
| £650,001 – £800,000 | £1,595 + VAT at 20% | £350 | £395 |
| £800,001 – £950,000 | £1,600 + VAT at 20% | £395 | £495 |
| £950,001 and above | 0.18% | 0.05% | 0.045% |
Additional charges
| Additional elements | Charge/£ + VAT |
| Help to buy | £350 + VAT at 20% |
| Newbuild | additional 50% to the rates above, subject to minimum charge of £2,500 + VAT at 20% |
| Expedited transactions | additional 30% to the rates above |
For a residential re-mortgage – 50% of the sale or purchase fee based on the value of the property.
Disbursements
All disbursements will need to be paid in addition to the fees charged for our services. The majority of which are set by third parties and are out of our control.
Sale Disbursements
| Monies on Account | £1,000.00 |
| Professional Fees including postage, telephone calls, faxes, photocopying etc | £75.00 + VAT at 20% |
| AML + Identity Check (per person) | £45.00 + VAT at 20% |
| Redemption Fee | £150.00 + VAT at 20% |
| Office Copy Entries (per copy) | £3.00 |
| Bank Transfer Fee (per transfer) | £20 + VAT at 20% |
| Management Pack/LPE1 | The cost of providing the relevant information will be accessed by the Managing Agent/Freeholder. Once we have been informed of the charges, we will advise you. |
Purchase Disbursements
| Monies on Account | £1,000.00 |
| Professional Fees including postage, telephone calls, faxes, photocopying etc | £75.00 + VAT at 20% |
| AML + Identity Check (per person) | £45.00 + VAT at 20% |
| Bank Transfer Fee (per transfer) | £20.00 + VAT at 20% |
| Stamp Duty | If stamp duty is applicable, you can find more information and a calculator at https://www.tax.service.gov.uk/calculate-stamp-duty-land-tax/#/holding |
| Land Registry Fee | This is dependent on the value of the property. For more information, please visit https://www.gov.uk/guidance/hm-land-registry-registration-services-fees |
| Land Registry Searches | £3.00 – OS1/2 £2.00 – Bankruptcy Search (per name) |
| Searches | £300.00 (approximately, dependant on the local authority)) |
| Acting for Lender (if applicable) | From £250.00 + VAT at 20% (approximately) |
| Leasehold Property | Additional costs to pay in respect of the apportionments of Ground Rent/Service Charge etc, we will let you know as soon as possible. |
It may be that there are other disbursements which may be payable depending on the nature of the property that is being purchased or sold. We will advise you as soon as we are able to do so.
Timescales
An average conveyance takes an approximation of between 8 to 10 weeks. Other factors may affect the estimated time scale such as result of local search, additional enquires, defective title, outstanding mortgage offer and as to whether the chain is complete.