Property
All types of conveyancing are dealt with; both the buying and selling of property, domestic and commercial. We aim to give an approachable, friendly and high-quality service, ensuring the process runs smoothly. We offer exceptional service and our rates are competitive. We always keep you updated and we are here should you need to contact us.
Our property team is made up of solicitors Helen Lowe, Bridgitte Harvey and Julian Hoskins, along with a non practicing consultant, Catherine Stewart.
We understand that this is a stressful time and our aim is to help the matter proceed as quickly as possible, always making sure that it is dealt with properly and professionally.
FEES ON PURCHASING A PROPERTY
Legal Fees on a purchase of a registered freehold property
We set out below our fees* for acting on a purchase on a standard purchase of a registered freehold property.
Conveyancer’s Fees (all figures include VAT at 20%)
| Purchase Price of Property | Fees |
| £0-£200,000 | £780-£936 |
| £200,001-£300,000 | £936-£984 |
| £300,001-£500,000 | £984-£1200 |
| £500,001-£700,000 | £1200-£1440 |
| £700,001 plus | 0.15%and capped at £3000 |
*Additional Fees
There may be circumstances where additional legal fees apply for additional or unexpected work, for example if unforeseen matters arise or if parties to the transaction are not cooperative. Our team will discuss matters with you to ensure all of the necessary information is obtained to ensure the correct quote is provided.
Legal Charges and disbursements (if applicable) (all figures include VAT at 20%)
| Land Transaction submission Fee | £72 |
| Electronic bank Transfer Fee | £19.20 |
| Search Fees | £360 *this is an approximate as will be variable based on the location of the property |
| Land Registry priority Search Fees | £3 |
| Land registry bankruptcy search (per individual) | £3 |
| Lawyer Check Fee | £21-£60 |
| ID checks | £23.88 |
| Land Registry Fee | Will vary based on purchase price – link provided to calculate |
| Leasehold Supplemental Fee | £100-£350 |
| Help to Buy charge supplemental fee | £250 |
| New build property supplemental fee | £150 |
| Declaration of Trust | £72 |
| Shared Ownership/Equity | £250 |
| Freehold Purchase | £480 |
| SDLT /LTT | See below information |
Stamp Duty or Land Tax(SDLT)
The amount of Stamp Duty or Land Tax (SDLT) will depend on the purchase price of the property. The amount payable can be calculated using the HMRC website or the Welsh revenue Authority’s website if the property is located in Wales.
Additional Disbursements (if applicable) (all inclusive of VAT at 20%)
| Indemnity policies | £60 |
| Proof of Funds | £23.88 |
| Third party gift | £120 |
| Stock Transfer Form | £60 |
| Transferring monies overseas (outside UK) | £60 |
| Deed of Variation | £480 |
Timescales for purchasing a property
Timescales depends on the nature of the purchase, and whether it is a straightforward purchase or for example a complicated purchase of an unregistered property. Other factors will impact timescales, for instance how many parties are in the chain, whether there is a mortgage offer in place, whether you are purchasing a new build or are a first time buyer to name a few.
It is therefore difficult to estimate how long this matter may take to conclude due to the number of factors that can vary, however in our experience of other matters of this type it could take between 6 to 12 weeks.
Should a purchase take significantly longer, additional charges may apply.
Stages of the Transaction –
a) Take instructions and provide advice
b) Take instructions in respect of the funds to purchase the property and contact the lender, and provide you with advice in respect of the mortgage terms
c) Contact the seller’s solicitors and raise any enquiries with them
d) Carry out necessary searches on the property
e) Provide you with advice on all documents received
f) Forward to you the contract for signature
g) Agree timescales with the sellers solicitors for completion
h) Exchange contracts and agree completion date
i) Arrange for funds for completion of the purchase to be obtained
j) Complete the sale
k) Deal with the SDLT/LTT
l) Deal with the land registry for the registration of the property
The work will consist of the following:
a) investigating the title to the property, to include:
(i) carrying out searches with respect to title and local government information for the property;
(ii) reviewing replies given by the seller to pre-contract enquiries;
b) negotiating a purchase contract;
c) negotiating a transfer document;
d) advising you in respect of your mortgage offer;
e) preparing a report on title;
f) proceeding to exchange of contracts and then completion of the purchase;
g) transferring funds by telegraphic transfer to the seller’s solicitors and for relevant taxes;
h) calculating stamp duty land tax (SDLT) on the purchase and preparing and submitting to HM Revenue & Customs the appropriate SDLT forms; and
i) registering the purchase and the mortgage at the Land Registry.
j) service any necessary leasehold notices (fees for these will be provided by management company/freeholder)
Selling Your Property
Our fee will cover the work required* to sell your property.
Legal Fees (all figures include VAT at 20%)
| Sale Price of Property | Fees |
| £0-£200,000 | £780 -936 |
| £200,001-£300,000 | £936-984 |
| £300,001-£500,000 | £984-1,200 |
| £500,001-£700,000 | £1,200-1,440 |
| £700,001 plus | 0.15% but capped at £3000 |
Disbursements (money paid to third parties or agencies)
| Leasehold Supplemental Fee | £150-£250 |
| Unregistered Property Fee | £150-£250 |
| Electronic Money Transfer | £19.20 |
| Leasehold Sellers Pack | £150 -500 approx (this will only be known when information supplied by management company/landlord) |
| Land registry Office Copy Entries | £3 |
| Notice of Transfer Fee for Leasehold Properties | £150 -500 approx (this will only be known when information supplied by management company/landlord) |
*In estimating our fee we presume that it is a standard sale with no unforeseen or complicated matters, or if there is any defect in title which would require additional work, or involves assignment of a lease or indemnity policy, and that all parties to the transaction are cooperative. Should any complicating matters arise, the fee could vary and will be discussed with you fully.
Timescales for Selling Your Property
Timescales depends on the nature of the sale, and whether it is a straightforward sale. Other factors will impact timescales, for instance how many parties are in the chain, whether all parties are cooperative, or whether you are selling a leasehold property to name a few.
It is therefore difficult to estimate how long this matter may take to conclude due to the number of factors that can vary, however in our experience of other matters of this type it could take between 6 to 12 weeks.
Should a salet take significantly longer, additional charges may apply.
Stages of Transaction
a) Take instructions and provide advice
b) Contact the buyers solicitors and supply details of the title to the property and draft Contract papers
c) Supply replies to standard enquiries and fixtures list completed by you
d) Respond to any enquiries brought by the buyer’s solicitors and take your instructions
e) Forward to you the contract for signature
f) Agree timescales with the buyer’s solicitors for completion
g) Exchange contracts and agree completion date
h) Receive monies for the sale
i) Complete the sale