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Costs Information

Every property and every individual is different so we offer a personalised service and we would always advise you to contact one of our approachable team for a bespoke quote for your situation. 

The information below will give you an indication of the likely costs for a typical matter.  Please remember that your matter may be simpler or more complex.

Select:

How do we charge for purchase?

Freehold Purchase

Property value: up to £500,000

Fixed Fee Estimate: £1,400 + VAT to £,1,600 + VAT

Freehold Purchase

Property value: £500,000 to £1,000,000

Fixed Fee Estimate: £1,550 + VAT to £2,100 + VAT

Leasehold Purchase

Property value: up to £500,000

Fixed Fee Estimate: £1,900 + VAT to £2,100 + VAT

Leasehold Purchase

Property value: £500,000 to £1,000,000

Fixed Fee Estimate: £2,050 + VAT to £2,600 + VAT

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:

Property Search fees: Estimated around £350 + VAT (exact amounts will provided upon instruction).
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 – £455.
Land Registry Search Fee: £3 + VAT.
Bankruptcy Search Fee: £2 + VAT per name (only required if you have a mortgage).
Bank Transfer Fee: £40 + 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.

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

How do we charge for sale?

Freehold Sale 

Property value: up to £500,000

Fixed Fee Estimate: £1,200 + VAT to £1,350 + VAT

Freehold Sale

Property value: £500,000 to £1,000,000

Fixed Fee Estimate: £1,350 + VAT to £1,800 + VAT

Leasehold Sale

Property value: up to £500,000

Fixed Fee Estimate: £1,700 + VAT to £1,850 + VAT

Leasehold Sale

Property value: £500,000 to £1,000,000

Fixed Fee Estimate: £1,850 + VAT to £,2,300 + VAT

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: £6 + VAT
  • Land Registry official copies of your lease (if relevant): £10 + VAT
  • Bank Transfer Fee: £40 + 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?

  • To liaise with you in the gathering of information and preparation of a full contract package.
  • To deal with purchaser’s solicitors, estate agents, managing agents, mortgage lenders and other third parties where appropriate.
  • To liaise with you in dealing with any pre-contract enquiries in order to facilitate an exchange of contracts.
  • To repay any outstanding mortgage and report to you regarding the balance of funds.
  • To take instructions from you and keep you updated throughout.

What is not included in our fees?

  • Tax advice
  • Negotiating any price changes
  • Rectifying unusual or onerous defects on title

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.


How do we charge for refinance ?

Freehold Refinance 

Property value: up to £500,000

Fixed Fee Estimate: £950 + VAT – £1,200 + VAT

Freehold Refinance

Property value: £500,000 to £1,000,000

Fixed Fee Estimate: £1,200 + VAT – £1,400 + VAT

Leasehold Refinance

Property value: up to £500,000

Fixed Fee Estimate: £1,450 + VAT – £1,700 + VAT

Leasehold Refinance

Property value: £500,000 to £1,000,000

Fixed Fee Estimate: £1,700 + VAT – £1,900 + VAT

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: £6 + VAT
  • Land Registry official copies of your lease (if relevant): £10 + VAT
  • Bank Transfer Fee: £40 + VAT (this covers one transfer)
  • Land Registry Fee: This also depends on the price.  £20 – £455
  • Land Registry Search Fee: £3 + VAT 
  • Bankruptcy Search Fee: £2 + VAT per name (only required if you have a mortgage)
  • Bank Transfer Fee: £40 + VAT (this covers one transfer)
  • Property Search fees: Estimated around £350 + VAT (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?

  • Carrying out a full investigation of the legal title;
  • Carry out searches with the relevant authorities;
  • To repay any outstanding mortgage and report to you regarding the balance of funds.
  • Registering your ownership and any mortgages at the land registry and dealing with any other post completion formalities.
  • To take instructions from you and keep you updated throughout.

What is not included in our fees?

  • Tax advice
  • Negotiating the terms of the mortgage
  • Rectifying unusual or onerous defects on title

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.