Residential Conveyancing
Our fees include acting for and advising you and your lender (if applicable) in the transaction, all CHAPS fees, submission of SDLT return to HMRC, and registering the transfer and/or any mortgage at the Land Registry.
For a standard conveyancing transaction our estimated fees would be as follows:
Transaction value (£) | Transaction Type | Fees (£) | VAT at 20% (£) |
Under 200,000 | Sale | 850 | 170 |
Purchase | 925 | 185 | |
200,001-300,000 | Sale | 990 | 198 |
Purchase | 1,075 | 215 | |
300,001-400,000 | Sale | 1,095 | 219 |
Purchase | 1,175 | 235 | |
400,001-500,000 | Sale | 1,120 | 224 |
Purchase | 1,220 | 244 | |
500,001-750,000 | Sale | 1,220 | 244 |
Purchase | 1,300 | 260 | |
750,001-999,999 | Sale | 1,400 | 280 |
Purchase | 1,500 | 300 | |
1,000,000 plus | Sale or Purchase | 0.18% of the property value | as per property value |
If it transpires that the property is leasehold, there will be an additional charge for dealing with the lease. On a sale there will be an additional £195 plus VAT (of £39.00) to our legal fees and further payments to obtain a management pack (if applicable), this will be on a case by case basis depending on the freeholder / management company / fees charged to us. On a purchase there will be an additional £300 plus VAT (of £60.00) to our legal fees and further payments for any Deed of Covenant, compliance documents, or notice fees (if applicable). This is on a case by case basis depending on the freeholder / management company / fees charged to us.
Whilst most properties are registered, some are not. If a property is unregistered, additional work is involved which will incur a further charge of £200 plus VAT, and further disbursements which we can advise you of once we have more details.
On new build properties there is an additional fee for dealing with the development work of £300 plus VAT (of £60.00).
For any Help to Buy ISA’s there is an additional charge of £50 plus VAT (of £10) per account that funds are required from.
In addition to our fees there will be payments (disbursements) payable to third parties in relation to the conveyancing transaction. On a purchase there will be: search fees, Land Registry fees and Stamp Duty Land Tax payable. On a sale there will be the cost of obtaining up to date official copies of the title and documents referred to. These will vary according to the nature and location of the transaction, the requirements of any mortgage lender (if applicable), the value of the transaction, and will be subject to any government changes.
Example fees
Sale – Freehold – £250,000
Fee Type | Cost |
Our fixed fee | £990.00 |
VAT at 20% | £198.00 |
Official Copies* | £21.00 |
VAT at 20% | £4.20 |
Identity Check Fee | £12.00 |
VAT at 20% | £2.40 |
Total | £1,227.60 |
Purchase – Freehold – £250,000
Fee Type | Cost |
Our fixed fee | £1075.00 |
VAT at 20% | £215.00 |
Search Fee* | £300.00 |
Stamp Duty Land Tax* | £2,500.00 |
Land Registry Fee* | £150.00 |
Land Registry Search Fee | £7.00 |
VAT at 20% | £1.40 |
Identity Check Fee | £12.00 |
VAT at 20% | £2.40 |
Total | £4,262.80 |
*Fees are approximate and vary dependant on the price of the property and other contributing factors.
For a personalised quote please contact us.