Sale & Purchase Fees

Our Service

We provide residential conveyancing services in England and Wales for sellers and buyers and, where instructed, for lenders. We conduct relevant searches and enquiries, and prepare and approve the documents to transfer title. Where needed we will register your title and deal with stamp duty requirements.

Fixed Fees

We charge legal fees as a fixed sum, except where we discuss this with you in advance.

Legal Fees

The average price for properties in our area is £150,000.

Our legal fees for a purchase at this price are £770 plus £154 VAT. Our legal fees include the following services: mortgage administration, stamp duty return. We will also charge for the following as additional legal fees; bank transfer £30, online registration of your title at the Land Registry £30, ID verification £36, file storage £42 (all inclusive of VAT).

Our legal fees for a sale are £715 plus £143 VAT. Our legal fees include the following services: mortgage administration. We will also charge for the following as additional legal fees, bank transfer £30, ID verification £36, file storage fee £42 (all inclusive of VAT) .

The examples given are for a typical standard freehold house purchase with a mortgage, or a sale with a mortgage to be redeemed. In both cases, with no complications. A higher or lower charge may apply if your instruction involves, for example, a higher or lower priced property, an apartment, a management company, shared ownership, help-to-buy, newbuild, unregistered title, gifts from a third party, preparing a trust deed.

We will always give you an individual cost estimate tailored to the personal circumstances of your sale or purchase.

Unforeseen complications, not known at the outset may be discovered as your sale or purchase progresses. We will provide you with a list of these items and we we will always tell you promptly if any of these items should come up.

We will quote the rate of VAT current at the time of providing you with an estimate.

Disbursements including Stamp Duty

In addition to legal fees we will charge for disbursements. These are items paid to third parties on your behalf relating to the matter, for example stamp duty when buying a house.

For a typical purchase with a mortgage, with no complications, the cost of disbursements would be:

  • Property Searches £154 (to include local authority, coal mining and water & drainage searches)
  • Land Registry Searches £11
  • Land Registry registration fee £100
  • Stamp Duty Land Tax £0

The rates of stamp duty change with each Budget announcement and your circumstances. You can calculate what the current stamp duty payable on your purchase might be, using the following websites

www.tax.service.gov.uk/calculate-stamp-duty-land-tax/#/intro

https://lttcalculator.wra.gov.wales/

For a typical sale with a mortgage and no complications, the cost of disbursements would be:

Copy documents from Land Registry £8

Disbursements may vary for each customer as they depend on individual circumstances, and what arises during the transaction.

We will always give you an individual cost estimate tailored to the personal circumstances of your sale or purchase.

Total cost of service

For a typical standard purchase for £150,000 with a mortgage, but no complications, the total cost may be £1,191 plus the land registry fee and stamp duty.

For a typical standard sale for £150,000 with a mortgage, but no complications, the total cost may be £945.

If the property is an apartment or has a management company involvement our standard charges as above will apply however there will be an additional legal fee of £300 plus £60 due to the additional work involved with these transactions.

Please also note that if the property is leasehold or freehold with an amenity charge the landlord and/or management company will probably also charge as follows: –

  • Notice of Transfer- the fee can be between £250-£300 plus VAT per notice (they may charge an additional fee if we also need to serve a notice of charge)
  • Deed of Covenant fee- this can typically range between £250-£300 plus VAT and it is possible that more than one Deed of Covenant may be required.
  • Certificate of Compliance fee – again this can vary between £250-£300 and more than one may be required.

These fees vary from property to property and it is unlikely we will be able to provide them at the time of instruction. We will however provide an accurate figure once we have received the documentation to enable us to do so.

Referral arrangements

We have referral arrangements with a number of estate agents and brokers. If we pay a referral fee, we will tell you.

For a typical standard freehold purchase, the referral fee will on average be £125. Our standard charges are amended where you are a customer referred to us by an internet referrer such as Simplify or Moving Hub. Please contact us for a detailed quote in these circumstances.