‘Our commitment to provide the confidence that you are moving in the right direction’.

We believe trust is built on the foundation of transparency, stitched together by open conversations.

We find the most popular choice for Residential Conveyancing is an agreed fixed fee which will cover all of the work required to complete the sale or purchase, including dealing with registration at the Land Registry, dealing with the payment of Stamp Duty Land Tax (purchase matters) if the property is in England, or Land Transaction Tax (Land Tax) if the property is in Wales. However, the work that we do can be charged on a time basis and where this is the agreed basis of charging, we will provide you with an estimate of the time that the work is anticipated to take but the actual time incurred could be more or less than estimated. We will provide you with timely updates in relation to time spent and advise you if we expect the time to exceed our estimate.

Our Conveyancing fees are likely to range from £750.00 to £15,000.00 plus VAT. 

The higher end of the fee scale would be for a property at a sale or purchase price of £3,000,000.

For properties over £500,000.00 we calculate our fee based on 0.5% of the sale or purchase price plus VAT.

We will agree a schedule of work and detailed terms and fees with you, and this will be sent to you at the outset in our formal Client Care letter together and Terms of Business. We will inform you of any change in fees and ensure we receive your consent to proceed. 

We reserve the right to increase our fees in excess of these indicated fees where the matter is more complex or time consuming than expected, where this was not apparent or could not be foreseen from the outset. 

In addition to our fees there are likely to be:

Search Fees– Search fees are calculated by the type of search, use and size of the property and location. As a guide, for the average residential property we would expect this to be in the range of £250 - £450 Plus VAT. The average set of searches would be a local authority search, the land charges registers of the local authority, a water and drainage search, and an environmental search. There are other searches that may be required, and we can discuss your requirements and the cost with you. 

Land Registry Documents – Where we require copies of title documents from HM land Registry these are charged at £8.80 inclusive of VAT per copy.

AML Searches and Electronic Verification of ID – We carry out anti money laundering searches and electronic verification of ID at a fee per person of £8.40 inclusive of VAT.

Electronic sending and signing of documents – We use a system called SignIt for the sending and signing of documents that require secure online electronic signature. The charge per document is £2.40 including VAT

And the following disbursements:

Stamp Duty Land Tax (England) Land transaction Tax (Wales)

The amount of Stamp Duty Land Tax or Land Transaction Tax payable will depend on: 

· when you bought the property

· how much you paid for it

· whether you’re eligible for relief or an exemption

You can check the rates, allowances and reliefs by using the government website https://www.gov.uk/government/publications/rates-and-allowances-stamp-duty-land-tax

You can use the SDLT calculator to work out how much tax you will need to pay. 

If the property is located in Wales by using the Welsh Authority website

Land Registry Fees – this varies based on the price of your property and the application type.

Details of the Land Registry fees are available on their fee calculator on HM Land Registry website.

Please note, in some instances a ‘Search Pack’ (between £250 – £450 +VAT) may be applicable for a re-mortgage depending upon the Lender.

Timescales

From the time your offer is accepted to the date of completion will depend on a number of factors, some of which will be out of our control. However, the average process takes between 10 – 12 weeks. It can be quicker or slower, depending on the parties in the chain.

The Process 

No two transactions are the same but here is a guide to the process of a Residential Sale and Purchase that sets out the steps involved.

Click here for Sale & Purchase Flowcharts that set out the key stages of a normal transaction

The information set out here is based on the following assumptions

1. You will provide us with  full instructions and respond to any requests from us for information or   documentation promptly
2. You will enlist for us the support of any of your other professional advisers as may be required.  Examples may include (but are not limited to Accountants, Surveyors, Tax  Advisors)
3. The Seller has competent advice and is working to the same timescale. All parties involved are  co-operative, and there are no unreasonable delays from third parties in providing documentation.
4. You have finance/funding available and you are not relying on any form of gift
5. The title to the property is in good order and this is a standard transaction, and no unforeseen  matters arise. Examples may include (but are not limited to) a defect in the title that requires remedying before completion, or the preparation of additional documents ancillary to the main transaction.
6. The transaction is concluded in a timely manner, and no unexpected complications arise. During periods of exceptionally high workloads, such as stamp duty deadlines, turnaround  times may increase
7. There will be no issues or  delays obtaining any necessary consents.
8. There will be no Declaration of Trust required

For Additional fees and disbursements which may apply as a minimum -click on the downloaded link below 

Exclusions:

We do not include advice in relation to the following:

- VAT or other Tax issues

- Asset Valuation or condition advice

- Anything else not specifically included in the Schedule of work such as (but not limited to) Declaration of Trust, Gifts. Purchases of Indemnity Insurance. 

Where additional work outside of the scope of the fee estimate is required, we will discuss this with you but in the absence of any agreed arrangement in respect of pricing this will be charged at our standard hourly rate.