Freehold Purchase
We are members of the Law Society Conveyancing Quality Scheme (CQS) and carry out the legal work in accordance with the Law Society Conveyancing Protocol. Our fees cover all of the work required to complete the sale of your property. We are members of the Law Society Conveyancing Quality Scheme (CQS) and carry out the legal work in accordance with the Law Society Conveyancing Protocol.
Conveyancing Fees
| Legal Service | Lowest Fee | Highest fee |
|---|---|---|
| Acting on your behalf | £700.00 | £1,500.00 |
| Acting on behalf of the mortgage lender | £200.00 | £500.00 |
| Search fees (inc. cost of searches) | £331.67 | £331.67 |
| HM Land Registry e-lodgement fee | £25.00 | £50.00 |
| HM Revenue and Customs e-lodgement fee | £80.00 | £120.00 |
| Electronic money transfer fee | £50.00 | £100.00 |
| Lender’s panel management fee | £50.00 | £50.00 |
| ID and AML check fee | £25.00 | £50.00 |
| Postage Fee | £25.00 | £25.00 |
| Estimates Totals (inc VAT) | £1,784.00 | £3,272.00 |
| Total VAT payable | £297.33 | £545.33 |
Disbursements
Disbursements are costs related to your matter that are payable to third parties, such as Land Registry fees and Stamp Duty Land Tax. We handle the payment of the disbursements on your behalf to ensure a smoother process.
Stamp Duty Land Tax
This depends on the purchase price of your property, whether or not you already own property, whether or not you are selling a principal main residence to buy another principal main residence and other factors. 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.
Land Registry
The registration fee depends on the purchase price and is calculated by the Land Registry on a scale published from time to time. Some transactions qualify for a reduced fee of half the normal fee. Grants of new leases and Transfers of Part do not qualify for the reduced fee. You can calculate the Land Registry fee by visiting the Land Registry website.
Estimated total £40.00 – £910.00
How Long Will It Take?
From your offer being accepted until you can move in will depend on a number of factors, however, the average is between 10-12 weeks.
The speed depends on the number of parties in the chain. For example, if you are a first time buyer with a mortgage in principle, purchasing a chain-free freehold property, it could take 4-6 weeks. However, if you are buying a leasehold property that requires an extension of the lease, this can take significantly longer, between 4 and 6 months. In such a situation additional charges would apply.
Process Stages
Fee Assumptions
- Your matter is a standard transaction, that no unforeseen complications arise, for example: a defect in title which requires remedying prior to exchange, or the preparation of additional documents
- Your matter is the assignment of an existing lease, not the grant of a new lease
- Your transaction is concluded in a timely manner without complications
- All parties to the transaction are co-operative, there is no unreasonable delay from third parties providing documentation
- No indemnity policies are required
- Additional fees and disbursements may apply if indemnity policies are required.
Fees for arranging indemnity policy:- £75.00 – £150.00 +VAT.
This is in addition to the premium payable to the insurance company for the policy.We are a large firm with many offices in different locations. Our specialist residential conveyancers have over 40 years combined experience offering a personal service, so you will be dealing with a single partner, solicitor, or conveyancer, throughout.
Fees quoted can vary depending on office location and the level of experience of the person acting for you. View the members of our team here.
Explore Our Team Members In This Speciality
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