Residential Conveyancing

Conveyancing fees and disbursements

Our fees cover all of the work required to complete a standard* purchase or sale of your 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.

For an instant quote including Stamp Duty Land Tax see our quote generator.

Purchase

Legal Fees

• Up to £500,000 £850 to £1,500
  £500,001 to £750,000 £950 to £1,600
  £750,001 to £1,000,000 £1050 to £1,700

Supplementary/Additional Fees

• Acting for lender £200.00
• Buy to let £48.00
• Leasehold £150.00
• Newbuild £240.00
• Help to Buy Loan £300.00
• Help to Buy ISA £180.00
• Shared ownership £96.00
• Unregistered title £120.00
• Telegraphic Transfer fees £30.00

Disbursements

• HM Land registry fees: Available through HMLR website
• Search Fees Between £250.00 and £400.00 depending on the type and number of searches required
• Stamp duty Varies depending on purchase price
• Bankruptcy searches £6.59 each
• OS1 Priority search £5.92
• Company search £30.00
• Companies house reg £23.00

Sale

Legal Fees

• Up to £500,000 £850 to £1,500
  £500,001 to £750,000 £950 to £1,600
  £750,001 to £1,000,000 £1150 to £1,700

Supplementary/Additional Fees

• Leasehold £150.00
  Newbuild £240.00
  Shared ownership £96.00
  Mortgage redemption £30.00 each mortgage
  Telegraphic Transfer fees £30.00

Disbursements

HM Land registry fees: Available through HMLR website

Mortgages/Remortgages

Legal Fees

• Up to £500,000 £850 to £1,500
  £500,001 to £750,000 £950 to £1,600
  £750,001 to £1,000,000 £1150 to £1,700

Supplementary/Additional Fees

• Leasehold £150.00
  Newbuild £240.00
  Shared ownership £96.00
  Mortgage redemption £30.00 each mortgage
  Telegraphic Transfer fees £30.00

Disbursements

• HM Land registry fees: Available through HMLR website
• Search Fees Between £250.00 and £400.00 depending on the type and number of searches required
• Bankruptcy searches £6.59 each
• OS1 Priority search £5.92
• Company search £30.00
• Companies house reg £23.00

General

Disbursements

Disbursements are costs related to your matter that are payable to third parties, such as search 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 will apply are set out separately. 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.

Stamp Duty Land Tax

This depends on the purchase price of your property. You can calculate the amount you will need to pay by using HMRC’s website or if the property is located in Wales by using the Welsh Revenue Authority’s website.

How long will my house purchase take?

The average process takes between 6 to 8 weeks.

It can be quicker or slower, depending on the parties in the chain. For example, if you are a first time buyer, purchasing a new build property with a mortgage in principle, it could take 6 weeks. However, if you are buying a leasehold property that requires an extension of the lease, this can take significantly longer, between 3 to 4 months. In such, a situation additional charges would apply.

Stages of the process

The precise stages involved in the purchase/sale 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

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.

Fees vary from property to property and can on occasion be significantly more than the estimates given above. We can give you an accurate figure once we have sight of your specific documents.

Our fees assume that:

1. this is a standard transaction and that no unforeseen matters arise
2. in Leasehold transactions it is the assignment of an existing lease and is not the grant of a new lease
3. no unforeseen complications arise
4. all parties to the transaction are co-operative and there is no unreasonable delay from third parties providing documentation
5. no indemnity policies are required. Additional disbursements may apply if indemnity policies are required.
6. The property value is £1,000,000 or less.