Our fees cover all of the work* required to complete the purchase of your new home, 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.
Conveyancer’s fees and disbursements for purchases of houses for the price up to and including £80,000
- Legal fee £785.00
- VAT payable £157.00
- Search fees £223.62
- HM Land Registry fee £20.00
- Estimated total: £1185.62
Conveyancer’s fees and disbursements for purchases of houses for the price up to and including £100,000
- Legal fee £785.00
- VAT payable £157.00
- Search fees £223.62
- HM Land Registry fee £40.00
- Estimated total: £1205.62
Conveyancer’s fees and disbursements for purchases of houses for the price up to and including £125,000
- Legal fee £785.00
- VAT payable £157.00
- Search fees £223.62
- HM Land Registry fee £100.00
- Estimated total: £1265.62
Conveyancer’s fees and disbursements for purchases of houses for the price up to and including £150,000
- Legal fee £815.00
- VAT payable £163.00
- Search fees £223.62
- HM Land Registry fee £100.00
- Estimated total: £1301.62
Conveyancer’s fees and disbursements for purchases of houses for the price up to and including £175,000
- Legal fee £840.00
- VAT payable £168.00
- Search fees £223.62
- HM Land Registry fee £100.00
- Estimated total: £1331.62
Conveyancer’s fees and disbursements for purchases of houses for the price up to and including £200,000
- Legal fee £870.00
- VAT payable £174.00
- Search fees £223.62
- HM Land Registry fee £100.00
- Estimated total: £1367.62
Conveyancer’s fees and disbursements for purchases of houses for the price up to and including £250,000
- Legal fee £925.00
- VAT payable £185.00
- Search fees £223.62
- HM Land Registry fee £150.00
- Estimated total: £1483.62
Conveyancer’s fees and disbursements for purchases of houses for the price up to and including £300,000
- Legal fee £980.00
- VAT payable £196.00
- Search fees £223.62
- HM Land Registry fee £150.00
- Estimated total: £1549.62
Conveyancer’s fees and disbursements for purchases of houses for the price up to and including £350,000
- Legal fee £1100,00
- VAT payable £220.00
- Search fees £223.62
- HM Land Registry fee £150.00
- Estimated total: £1693.62
Conveyancer’s fees and disbursements for purchases of houses for the price over £350,000 is available on request.
Additional Disbursements
- Land Registry OS1 Search £3 – per title
- Land Registry Bankruptcy £2 – per person
- ID and source of funds check- £23.88 per person
- Lawyer Checker to check seller’s bank details £18.00
Disbursements are costs related to your matter that are payable to third parties, such as Land Registry fees. We handle the payment of the disbursements on your behalf to ensure a smoother process.
Stamp Duty or 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 here.
Anticipated Disbursements if the property is Leasehold
Notice of Transfer fee – This fee if chargeable is set out in the lease. Often the fee is between £20- £200.
Notice of Charge fee (if the property is to be mortgaged) – This fee is set out in the lease. Often the fee is between £20 – £200.
Deed of Covenant fee – This fee is provided by the management company for the property and can be difficult to estimate.
Certificate of Compliance fee – This fee is provided by the management company for the property and can be difficult to estimate.
These fees vary from property to property and can on occasion be significantly more than the ranges given above. We can give you an accurate figure once we have sight of your specific documents.
We would charge additional fees for the following:-
- Purchase of a new build property – additional cost of £150 +VAT
- Purchase using the Help to Buy Scheme – additional cost of £100 + VAT
- Purchase of an apartment or flat – additional cost of £200 + VAT
- Purchase using a Help to Buy ISA – additional cost of £50 + VAT per ISA
- Registering a Charge at Companies House £75 + VAT
Guidance
How long will my house purchase take?
How long it will take from your offer being accepted until you can move in to your house will depend on a number of factors. The average process takes between 8-12 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 a shorter amount of time. However, if you are buying a leasehold property that requires an extension of the lease, this can take significantly longer amount of time. In such, a situation additional charges would apply.
Stages of the process
The precise stages involved in the purchase 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
If you would like any further information please do not hesitate to contact the office.