Our fees cover all of the work required to complete the sale or purchase of your property including:
Please note VAT will be charged at the prevailing rate.
Our fee assumes that:
Please note we do NOT undertake or provide tax advice with the exception of reporting and paying the stamp duty land tax on a property transaction.
Our fees are fixed, however we reserve the right to review these where there may be factors which subsequently come to light which have the affect of increasing the level of work required or the complexity of the matter. Where there is a likelihood of there being additional costs, we will make sure you are informed of this at the earliest opportunity and a clear estimate of the additional costs given. Factors that may lead to an increase in cost include, amongst other things:
Fees Schedule for Sale or Purchase
| Price | Freehold (plus VAT) starting from: | Leasehold (plus VAT) |
| £0 – £500,000 | £750.00 | £850.00 |
| £500,001 – £750,000 | £950.00 | £1,100.00 |
| £750,001 – £1,000,000 | £1,250.00 | £1,500.00 |
| £1,000,001 – £1,500,000 | £1,650.00 | £1,950.00 |
| £1,500,001 – £2,250,000 | £2,100.00 | £2,400.00 |
| above £2,250,000 | By negotiation | By negotiation |
Fees Schedule for Re-Mortgage
| Price | Freehold (plus VAT) | Leasehold (plus VAT) |
| £0 – £1,000,000 | £450.00 | £575.00 |
| £1,000,000 – £1,500,000 | £750.00 | £925.00 |
| £1,500,000 + | By negotiation but not less than £1000.00 | By negotiation but not less than £1250.00 |
Other Fees
| Description | Amount |
| Acting for your Lender | £175.00 + VAT |
| Banking Administration | £35 + Vat per transfer |
| Office Administration | £50 + VAT |
| Identity Checks Administration | £25 + VAT per person to be advised depending on jurisdiction of company |
Disbursements
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. The disbursement fees may be subject to change if the third parties increase their prices or if additional searches such as a coal mining search is required.
To get an idea of the fees you may incur you can use the Land Registry Calculator. We will confirm actual fees with you as part of your engagement with us.
HOW LONG WILL MY TRANSACTION TAKE?
Sale/Purchase
How long it will take from your offer being accepted until you can move in to your house/see your house will depend on a number of factors. The average process takes between 8 – 10 weeks.
It can be quicker or slower depending on the parties in the chain and your instructions. For example, if you are first time buyer, purchasing a new build property with a mortgage in principle, it could take 6 – 8 weeks. However if you are buying a leasehold property that requires an extension of the lease, this can take significantly longer and between 2 – 4 months. In such a situation additional charges are likely to apply.
Re-mortgage
How long it will take from your mortgage offer being received by us and completing the re-mortgage will depend on a number of factors. The average process takes between 2 – 4 weeks.
It can be quicker or slower depending on the new lender’s requirements and your instructions. For example they may not accept no search indemnity insurance; there may be conditions in the mortgage offer that you need to comply with etc.
STAGES OF THE PROCESS
Please download the attached flowchart which will guide you through the steps involved in your transaction, whether you are selling or buying.
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