COSTS IN Selling A PropErty

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Our fees cover all of the work required to complete the sale of your home.

• Legal fee

Purchase Price Our Cost

£0.00 - £100,000                 £900.00 plus £180.00 VAT

£200,001 - £300,000        £1000.00 plus £200.00 VAT

£300,001 - £350,000        £1200.00 plus £240.00 VAT

£350,001 - £400,000        £1500.00 plus £300.00 VAT

£400,001 - £500,000        £1750.00 plus £350.00 VAT

£500,001 - £600,00           £2000.00 plus £400.00 VAT

£600,001 - £750,000        £2500.00 plus £500.00 VAT

Over £750,001                      0.5% of purchase price plus VAT

• Leasehold Fee £250.00 plus £50.00 VAT
• Stamp Duty Administration Completion Fee (Plus  VAT) £100.00 plus VAT £20.00 
• Electronic money transfer fee £50.00 plus VAT £10.00

• Protocol Forms Fee (inclusive of VAT) £30.00
• SDLT submission fee  (inclusive of plus  VAT) £120.00 

Disbursements are costs related to your matter that are payable to third parties, such as search fees. We handle the payment of the disbursements on your behalf to ensure a smoother process. This list is not exhaustive and other disbursements may apply depending on the term of the lease.

Disbursement Cost

Land Registry Office copies and plan £6.00

Land Registry Search £3.00

Land 

Bankruptcy Search £2.00 (per person)

I.D. Check £42.00 including VAT N/A (per person) 

Money Laundering check - to be assessed based on your circumstances and your financial affairs 

Searches 

Local, Environmental, Drainage and Chancel Searches£250.00 (please note that all searches MAY NOT be applicable to your transactions)

Coal Authority Search (if applicable)£40.00

Land Registry Fee:   (online fees)

Property Price up to £80,000     £20.00
£80,001 to £100,000                   £40.00
£100,001 to £200,000                £100.00
£200,001 to £500,000                £150.00
£500,001 to £1,000,000.00     £295.00

£1,000,001.00 and over              £500.00

Draft quote for costs for a £100,000.00 residential purchase sale  

Conveyancer's fees and disbursements

• Legal fee £900.00 plus £180.00 VAT 
• Electronic money transfer fee £50.00 plus VAT £10.00
• I.D. Check £42.00 including VAT N/A (per person)

Sub Total - £1182.00

Disbursements

• Land Registry Office copies and title plan £6.00
• Subtotal £6.00

Estimated total (excluding Stamp Duty or Land Tax – see below): £1,188.00

 STAGES OF THE PROCESS

The precise stages involved in the sale of a residential property vary according to the circumstances. However, below we have suggested some key stages:

• 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
• Send final contract to you for signature
• Draft Transfer
• Advise you on joint ownership
• Obtain pre-completion searches
• 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

The average process takes between 10-12 weeks.

* Our fee assumes that:

1. this 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 completion or the preparation of additional documents ancillary to the main transaction
2. the transaction is concluded in a timely manner and no unforeseen complication arise
3. all parties to the transaction are co-operative and there is no unreasonable delay from third parties providing documentation
4. no indemnity policies are required. Additional disbursements may apply if indemnity policies are required.

There may be unforeseen variables that could increase the cost of a transaction. Such as (but not limited to), purchase of unregistered Land, Shared ownership, additional charges to redeem and redemption of an equity Help to Buy. Furthermore, non-standard titles which require further investigation and resolution could incur further costs. It our belief that you should always contact our office to obtain a specific quote for your transaction from an experience member of our team.

Please be aware that depending on the circumstances and title of your property there could be additional disbursements, which we had not anticipated. In such circumstances, we will update you on any likely additional disbursements.

We reserve the right to increase our costs should the matter become more protracted or complicated than we initially anticipated. If we anticipate that our Costs will exceed the amount estimated at the outset, we will let you know before increasing the same.

We shall require necessary ID documentation to open a file and progress the matter.

 * Our fee assumes that:

1. this  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 completion or the preparation of additional documents ancillary to the main transaction
2. this is the assignment of an existing lease and is not the grant of a new lease
3. the transaction is concluded in a timely manner and no unforeseen complication      arise
4. all parties to the transaction are co-operative and there is no unreasonable delay from third parties providing documentation
5. no indemnity policies are required. Additional disbursements may apply if indemnity policies are required.

Our fees cover all of the work required to complete the sale of your home.

Purchase Price Our Cost

£0.00 - £100,000                 £1250.00 plus £250.00 VAT

£200,001 - £300,000       £1500.00 plus £300.00 VAT

£300,001 - £350,000       £1750.00 plus £350.00 VAT

£350,001 - £400,000     £2000.00 plus £400.00 VAT

£400,001 - £500,000     £2250.00 plus £450.00 VAT

£500,001 - £600,00      £2500.00 plus £500.00 VAT

£600,001 - £750,000    £2750.00 plus £550.00 VAT

Over £750,001                 0.5% of purchase price plus VAT

• Leasehold Fee £250.00 plus £50.00 VAT
• Stamp Duty Administration Completion Fee (Plus  VAT) £100.00 plus VAT £20.00 
• Electronic money transfer fee £50.00 plus VAT £10.00

• Protocol Forms Fee (inclusive of VAT) £30.00
• SDLT submission fee  (inclusive of plus  VAT) £120.00

Disbursements are costs related to your matter that are payable to third parties, such as search fees. We handle the payment of the disbursements on your behalf to ensure a smoother process. This list is not exhaustive and other disbursements may apply depending on the term of the lease.

Disbursement Cost

Land Registry Search £3.00

Bankruptcy Search £2.00 (per person)

I.D. Check £42.00 including VAT N/A (per person) 

Money Laundering check - to be assessed based on your circumstances and your financial affairs 

• Management Information Pack – This fee if chargeable is information needed from the Landlord/Management Company/Freeholder. Often the fee is between £250.00- £550.00 plus VAT.
• Consent /Licence to Assign Fee – This fee is set out in the lease. Often the fee is between £50.00- £350.00.
• Exit Fee / sinking fund contribution on resale- This can be between 0.25% or 1% of the sale price

*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.

Draft quote for costs for a £100,000.00 residential leasehold sale  

Conveyancer's fees and disbursements

• Legal fee £1250.00 plus £250.00 VAT 
• Leasehold Fee £250.00 plus £50.00 VAT
• Electronic money transfer fee £50.00 plus VAT £10.00
• I.D. Check £42.00 including VAT N/A (per person)

Sub Total - £1902.00

Disbursements

• Land Registry Search - £3.00
• Subtotal £3.00

Estimated total (excluding Stamp Duty or Land Tax – see below): £1905.00