Conveyancing

All prices below are exclusive of VAT. The fees listed are our average fee ranges for a Purchase, and Sale transactions. The fees (including additional fees and disbursements) may vary depending on the source of the instruction, location of the property, the property price and the work we are required to do.

Value not exceeding	Our Professional Fees	Leasehold/Share of Freehold
Up to £250,000	£650 plus VAT	£750 plus VAT
£250,001-£500,000	£750 plus VAT	£850 plus VAT
£500,001-£750,000	£850 plus VAT	£950 plus VAT
£750,001+	£1,200 plus VAT	£1,300 plus VAT

Other Additional Fees, if applicable to your transaction:

• Telegraphic Transfer: £35
• SDLT Admin: £100
• Acting for Lender: £250

Disbursements (third party costs):

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.

• Search Pack: £250 approx. (excluding VAT)
• Bankruptcy Search: £2 per person
• ID/AML Checks: £6 - £12 per person
• Land Registration Fee: £40 - £910

The Land Registry fees referred to above are not subject to VAT.

Please note the fee range will vary depending on the work required. Factors which may increase the fees charged include:

• If the property is leasehold;
• If a lease extension of deed of variation is required;
• If you wish for us to expedite your transaction;
• If we also need to act for your lender;
• If we cannot meet you in person and will need to complete an electronic ID check.

Stages of the Process

The precise stages involved in residential property transaction may vary according to the circumstances. However, we have outlined the standard steps below:

Sale:

• Take your instructions by getting you to complete sale instructions and Protocol forms and give you initial advice;
• Check finances are in place to fund any related purchase (if applicable);
• Obtain a copy of the Title and prepare a contract pack to send to purchasers Solicitors;
• Respond to any pre-contract enquiries;
• Obtain a redemption statement from your mortgage lender
• Arrange for you to execute the final contract and Transfer Deed
• Arrange an exchange and completion date;
• Complete sale
• Deal with redemption of your mortgage
• Pay the estate agents commission account (if any)
• Transfer any remaining money from sale to you

Purchase:

• Take your instructions and give you initial advice;
• Check finances are in place to fund purchase and contact lender's solicitors, if needed;
• investigating the title to the property which you are buying;
• Prepare Report on Title and send to you with the contract for signature and supporting documents to include advising on the conditions of your mortgage offer and joint ownership, if required;
• Agree completion date;
• Proceeding to exchange of contracts and completion of the purchase;
• calculating stamp duty land tax (SDLT) on the purchase and preparing and submitting to HM Revenue & Customs the appropriate SDLT forms; and
• registering the purchase and any mortgage at the Land Registry.

Please note the fees quoted above assumes that:

(1) your matter is a standard transaction and that no unforeseen matters arise including for example (but not limited to) a defect in title which requires remedying prior to exchange or the preparation of additional documents ancillary to the main transaction;

(2) your matter is the assignment of an existing lease and is not the grant of a new lease;

(3) your matter is concluded in a timely manner and that no unforeseen complications arise;

(4) all parties to the transaction are co-operative and there is no unreasonable delay from third parties providing documentation; and

(5) no indemnity policies are required.