We aim to be totally transparent when it comes to our fees and the costs you may incur and as such the details below set out clearly our fees and the associated costs involved in the purchase of a property.
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.
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Freehold Property Purchase |
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|
Property Price |
Purchase - No Mortgage required |
Purchase - Mortgage Required |
Sale |
|
£0 - £250,000.00 |
£1,310.00 plus VAT at 20% |
£1,335.00 plus VAT at 20% |
£1,235.00 plus VAT at 20% |
|
£250,001.00 - £400,000.00 |
£1,360.00 plus VAT at 20% |
£1,385.00 plus VAT at 20% |
£1,285.00 plus VAT at 20% |
|
£400,001.00 - £600,000.00 |
£1,460.00 plus VAT at 20% |
£1,485.00 plus VAT at 20% |
£1,335.00 plus VAT at 20% |
|
£600,001.00 - £1,000,000.00 |
£1,560.00 plus VAT at 20% |
£1,585.00 plus VAT at 20% |
£1,435.00 plus VAT at 20% |
|
Over £1,000,000.00 |
0.16% |
0.18% |
0.15% |
NEW BUILD £300.00 + VAT at 20%
Purchase with Equity Release £500.00 + VAT at 20%
Help to Buy ISA £50.00 + VAT at 20%
Help to Buy Equity Loan £300.00 + VAT at 20%
SHARED OWNERSHIP £300.00 +VAT at 20%
ID1 £250.00 + VAT at 20% at 20%
|
Leasehold Property Purchase |
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|
Property Price |
Purchase - No Mortgage required |
Purchase - Mortgage Required |
Sale |
|
£0 - £250,000.00 |
£1,460.00 plus VAT at 20% |
£1,485.00 plus VAT at 20% |
£1,385.00 plus VAT at 20% |
|
£250,001.00 - £400,000.00 |
£1,585.00 plus VAT at 20% |
£1,610.00 plus VAT at 20% |
£1,485.00 plus VAT at 20% |
|
£400,001.00 - £600,000.00 |
£1,685.00 plus VAT at 20% |
£1,710.00 plus VAT at 20% |
£1,585.00 plus VAT at 20% |
|
£600,001.00 - £1,000,000.00 |
£1,785.00 plus VAT at 20% |
£1,810.00 plus VAT at 20% |
£1,685.00 plus VAT at 20% |
|
Over £1,000,000.00 |
0.18% |
0.20% |
0.17% |
NEW BUILD £300.00 + VAT at 20%
Purchase with Equity Release £500.00 + VAT at 20%
Help to Buy ISA £50.00 + VAT at 20%
Help to Buy Equity Loan £300.00 + VAT at 20%
SHARED OWNERSHIP £300.00 +VAT at 20%
ID1 £250.00 + VAT at 20%
Search fees can vary depending on the searches required but are typically in the region of £400.00 including VAT at 20%
HM Land Registry fee fees can be checked at http://landregistry.data.gov.uk/fees-calculator.html but may typically include Official Copies, Priority Searches and Land Charge Searches
Electronic money transfer fee £30.00 plus VAT at 20%
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.
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
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.
You should also be aware that 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
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 6 to 8 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 12 weeks. However, if you are buying a leasehold property that requires an extension of the lease, this can take significantly longer, between 2 and 4 months. In such, a situation additional charges would apply.
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:
Our fee assumes that:
We aim to be totally transparent when it comes to our fees and the costs you may incur and as such the details below set out clearly our fees and the associated costs involved in the sale of a property.
Our fees covers all of the work required to complete the sale of your home.
Our legal fees are based on the sale price of the property:
|
Property Price |
Freehold |
Leasehold |
|
£0 - £250,000.00 |
£1,235.00 plus VAT at 20% |
£1,385.00 plus VAT at 20% |
|
£250,001.00 - £400,000.00 |
£1,285.00 plus VAT at 20% |
£1,485.00 plus VAT at 20% |
|
£400,001.00 - £600,000.00 |
£1,335.00 plus VAT at 20% |
£1,585.00 plus VAT at 20% |
|
£600,001.00 - £1,000,000.00 |
£1,435.00 plus VAT at 20% |
£1,685.00 plus VAT at 20% |
|
Over £1,000,000.00 |
0.15% |
0.17% |
In addition you would need to pay Land Registry fees which are in the region of £9.00 for a freehold property and £15.00 for a Lease hold property but can vary.
Managing Agent/Freehold replies to enquires - This fee is provided by the management company/Freeholder for the property and can be difficult to estimate
How long it will take from accepting the offer until you will move will depend on a number of factors. The average process takes between 6 to 8 weeks.
It can be quicker or slower, depending on the parties in the chain. For example, if your buyer is a first time buyer, with a mortgage in principle, it could take 12 weeks. However, if you are selling a leasehold property that requires an extension of the lease, this can take significantly longer, between 2 and 4 months. In such, a situation additional charges would apply.
The precise stages involved in the sale of a residential property vary according to the circumstances. However, below we have suggested some key stages that you may wish to include:
Our fee assumes that:
We aim to be totally transparent when it comes to our fess and the costs you may incur and as such the details below set out clearly our fees and the associated costs involved in the sale and purchase of a property.
Our fees cover all of the work required to complete the transaction
|
|
Freehold |
Leasehold |
| First Registration | £250.00 plus VAT at 20% | |
|
Re-Mortgage |
£500.00 plus VAT at 20% |
£595.00 plus VAT at 20% |
|
Transfer of Equity & Re Mortgage |
£650.00 plus VAT at 20% |
£695.00 plus VAT at 20% |
|
Equity Release |
£835.00 plus VAT at 20% |
|
We are also able to provide you with an estimate as to our fees and the associated costs for a number of other property related transactions including dealing with Lease extensions.
The precise stages involved in the sale of a residential property vary according to the circumstances. However, below we have suggested some key stages that you may wish to include:
|
|
Registered |
Unregistered |
|
Sever Joint Tenancy And First Registration |
£250.00 plus VAT at 20 % |
£200.00 plus VAT at 20% £450.00 plus VAT at 20% |
|
Assent |
£395.00 plus VAT at 20% |
£395.00 plus VAT at 20% (+ £200.00 for first registration) |
|
Transfer of Equity No Mortgage |
£495.00 plus VAT at 20% |
£495.00 plus VAT at 20% (+ £200.00 for first registration) |
|
Remove Deceased Proprietor |
£175.00 plus VAT at 20% |
£250.00 plus VAT at 20% |
|
Lease Extension |
Acting for Landlord |
Acting for Tenant |
|
|
£925.00 plus VAT at 20% |
£850.00 plus VAT at 20% |
|
Declaration of Trust |
£250.00 plus VAT at 20% |
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Deed of Variation |
POA |
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Our fee assumes that:
