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 purchase of your new home including, registration at the Land Registry, payment of Stamp Duty Land Tax (SDLT) (England only), Land Transaction Tax (LTT) for property purchases in Wales.
|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|
|Estimated Totals (inc VAT)||£1,784.00||£3,272.00|
|Estimated Total VAT payable||£297.33||£545.33|
Disbursements are costs that are payable to third parties, such as Land Registry fees and Stamp Duty Land Tax. We handle the payments on your behalf for a smoother process.
Other Anticipated Disbursements*
- Notice of Transfer fee –If chargeable, is set out in the lease. Often the fee is between £150.00 – £500.00.
- Notice of Charge fee (if the property is to be mortgaged) – This fee is set out in the lease. Often the fee is between £150.00 – £500.00.
- Deed of Covenant fee – Fee provided by the property management company and can be difficult to estimate. Often it is between £250.00 – £500.00.
- Certificate of Compliance fee – To be confirmed upon receipt of the lease, ranges between £250.00 – £500.00.
*Fees vary from property to property and can on occasion be significantly more than the given above. We can give you an accurate figure once we have sight of your specific documents.
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.
Often, on completion of the purchase, you’ll be required to reimburse the seller for ground rent and service charge that the seller has paid in advance for a period that is after the completion date. This reimbursement is done on a pro rata basis and is called an apportionment of ground rent/service charge.
Grand total £2,624.00 – £6,182.00 (not including SDLT.)
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 here..
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