Please contact us direct for further information regarding costs for properties over £1,000,000.  These are a guideline only and fees can vary depending on your individual circumstances. Contact us directly for an accurate quote.

Note the above fees do not apply to new build properties (to include new conversions within existing buildings) – For a quote here, please contact Daniel Renshaw on [email protected]

Disbursements

Disbursements are costs incurred in relation to your matter which we pay to third parties.  We will pay these on your behalf and we may ask you to pay money on account to cover disbursements.  We can give you a full breakdown for your individual circumstances but the likely disbursements are as follows:

Property Search fees: £345
Stamp Duty Land Tax: This will depend on the purchase price and your specific circumstances. For a guide please visit the https://www.tax.service.gov.uk/calculate-stamp-duty-land-tax/#/intro website for a calculation.
Land Registry Fee: This also depends on the price.  £20 – £500. In some cases the Land Registry fee will be higher – For example, in new build properties, transfers of part of a registered title and new leases. Please contact us for details.
Land Registry Search Fee: £7 + VAT.
Bankruptcy Search Fee: £6 + VAT per name.
Bank Transfer Fee: £60 + VAT (this covers one transfer).

If the purchase is leasehold there may be additional costs which are payable on completion.  The following list is not exhaustive but includes the most usual costs:

Proportion of ground rent, service charge and buildings insurance depending on the terms of the lease.
Notice of transfer and/or charge:  This depends on the terms of the lease.
Deed of covenant fee:  This also depends on the terms of the lease.
Certificate of compliance: This is also detailed in the lease.

What is included in our fees?

• Negotiating the terms of the contract;
• Carrying out a full investigation of the legal title;
• Carry out searches with the relevant authorities;
• Reporting to you fully on our findings; 
• Dealing with solicitors, mortgage lenders, estate agents and other third parties involved in the transaction;
• Completing the purchase and submitting a return to the HMRC and making payment of SDLT;
• Registering your ownership and any mortgages at the land registry and dealing with any other post completion formalities.

These Fees are based on the following assumptions

• That the matter is not unduly protracted.
• That the title to the property is registered.
• That all parties involved are helpful and provide information in a timely fashion.
• That we act for your mortgage lender.
• If the transaction is leasehold that it is not a new lease or a leasehold in a building higher than 11m tall.

What is not included in our fees?

• Tax or financial advice
• The effect of property ownership on your estate following your death 
• Advice or preparation of a declaration of trust to govern the details of any co-ownership of the Property 
• Negotiating any price changes
• Rectifying unusual or onerous defects on title 

If something is not included in the fee which you require, please contact us direct and one of our colleagues may be able to assist.

Timescales

We usually estimate an average of 6 – 8 weeks for a typical sale or purchase but this can all depend on the length of the chain and the motivation of the parties within the chain.  Any issues revealed in our legal investigations can also affect this timescale.  We will keep you updated on the timescales throughout the transaction.

Other Fees

Private Client

Please contact us direct for further information regarding costs for properties over £1,000,000.  These are a guideline only and fees can vary depending on your individual circumstances. Contact us directly for an accurate quote.

Disbursements

Disbursements are costs incurred in relation to your matter which we pay to third parties.  We will pay these on your behalf and we may ask you to pay money on account to cover disbursements.  We can give you a full breakdown for your individual circumstances but the likely disbursements are as follows:

• Land Registry official copies of your title: £14 + VAT
• Land Registry official copies of your lease (if applicable) or any other documents referred to in your legal title: £7 + VAT (per document)
• Bank Transfer Fee: £60 + VAT (this covers one transfer and more may be necessary if you have a mortgage to redeem)

If the matter is leasehold there may be a payment to the landlord or managing agents for obtaining a pack of information regarding the management of the property.  There is no way we can confirm the exact amount but we would estimate anything from £200 – £500 + VAT.  Please note higher charges may be incurred.

You may also need to obtain consent from the landlord to the transfer of the property.  This is called a licence to assign.  There will be solicitor’s costs involved in this which we will have to confirm as part of the transaction.

What is included in our fees?

• Negotiating the terms of the contract;
• Carrying out a full investigation of the legal title;
• Carry out searches with the relevant authorities;
• Reporting to you fully on our findings;
• Dealing with any solicitors, mortgage lenders, estate agents and other third parties involved in the transaction;
• Completing the purchase and submitting a return to the HMRC and making payment of SDLT;
• Registering your ownership and any mortgages at the land registry and dealing with any other post completion formalities.

These Fees are based on the following assumptions

• That the matter is not unduly protracted.
• That the title to the property is registered.
• That all parties involved are helpful and provide information in a timely fashion.
• That we act for your mortgage lender.
• If the transaction is leasehold that it is not a new lease or a leasehold in a building higher than 11m tall.

What is not included in our fees?

• Tax or financial advice 
• The effect of property ownership on your estate following your death
• Advice or preparation of a declaration of trust to govern the details of any co-ownership of the property
• Negotiating any price changes
• Rectifying unusual or onerous defects on title
• Extending leases
• Drafting a declaration of trust

Timescales

We usually estimate an average of 6 – 8 weeks for a typical sale or purchase but this can all depend on the length of the chain and the motivation of the parties within the chain.  Any issues revealed in our legal investigations can also affect this timescale.  We will keep you updated on the timescales throughout the transaction.

Please contact us direct for further information regarding costs for properties over £1,000,000.  These are a guideline only and fees can vary depending on your individual circumstances. Contact us directly for an accurate quote.

Disbursements

Disbursements are costs incurred in relation to your matter which we pay to third parties.  We will pay these on your behalf and we may ask you to pay money on account to cover disbursements.  We can give you a full breakdown for your individual circumstances but the likely disbursements are as follows:

• Land Registry official copies of your title: £14 + VAT
• Land Registry official copies of your lease (if applicable) or any other documents referred to in your legal title: £7 + VAT (per document)
• Land Registry Fee: This also depends on the price.  £20 – £500
• Land Registry Search Fee: £7 + VAT 
• Bankruptcy Search Fee: £6 + VAT per name 
• Bank Transfer Fee: £60 + VAT (this covers one transfer)
• Property Search fees: £345 (exact amounts will provided upon instruction)

If the matter is leasehold there may be a payment to the landlord or managing agents for obtaining a pack of information regarding the management of the property.  There is no way we can confirm the exact amount but we would estimate anything from £200 – £500 + VAT.  Please note higher charges may be incurred.

What is included in our fees?

• Negotiating the terms of the contract;
• Carrying out a full investigation of the legal title;
• Carry out searches with the relevant authorities;
• Reporting to you fully on our findings;
• Dealing with any solicitors, mortgage lenders, estate agents and other third parties involved in the transaction;
• Completing the purchase and submitting a return to the HMRC and making payment of SDLT;
• Registering your ownership and any mortgages at the land registry and dealing with any other post completion formalities.

These Fees are based on the following assumptions

• That the matter is not unduly protracted.
• That the title to the property is registered.
• That all parties involved are helpful and provide information in a timely fashion.
• That we act for your mortgage lender.
• If the transaction is leasehold that it is not a new lease or a leasehold in a building higher than 11m tall.

What is not included in our fees?

• Tax or financial advice 
• The effect of property ownership on your estate following your death
• Advice or preparation of a declaration of trust to govern the details of any co-ownership of the property
• Negotiating any price changes
• Rectifying unusual or onerous defects on title
• Extending leases
• Drafting a declaration of trust

Timescales

This can vary for each transaction but we would estimate in the region of 4 – 6 weeks to complete a refinance.

Assumptions made regarding the costs involved in your transaction.

If any of these issues relate to your transaction, please contact us direct and we can provide you with a bespoke quote.

• Title is registered
• That if you are purchasing the Property for your own occupation
• That our investigations into your purchase do not reveal any legal issues which must be resolved prior to exchange of contracts
• That you are having only one mortgage and the remaining purchase funds are being provided by yourselves
• There are no other unusual problems or complications
• If you are selling any joint sellers are fully in agreement
• You have full records of all consents, permissions and certificates for any property you are selling.
• Any mortgage lenders involved in any transaction are standard lenders lending on standard terms.