We offer a bespoke, high quality, high-end conveyancing service which we believe is essential when dealing with something as important as your property.
We also pride ourselves on integrity and being entirely independent.
You will have the benefit of being assigned your own experienced conveyancer (rather than being passed around a team of administrative assistants). If the property is local, our neighbourhood knowledge is invaluable.
Conveyancing – What Is It And Who Carries It Out?
Conveyancing refers to all legal and administrative work involved with transferring ownership of a property from one party to another.
Look at the left column for all the types of work that we carry out that is included within the term ‘conveyancing’. Some of these types of transaction, such as re-mortgaging a property, fall within this term even though the ownership of a property does not change.
Our experienced team will be delighted to deal with all your conveyancing needs, whilst giving you practical guidance and support throughout the process.
How Much Will It Cost?
The cost will depend on a number of elements such as the type and complexity of the transaction, the value of the property and the location of the property.
Please call us on 01227 276276 (or send us an email using this link) and we will be happy to discuss your individual requirements and provide you with a bespoke Fixed Fee Estimate.
If during the transaction, things change or complications become apparent, we will be in contact with you to advise you, in advance, of any revised fee (and possibly related disbursements and costs) estimate.
In general, the charges are split into three elements – Our fixed legal fee, disbursements and additional costs.
- Our Fixed Legal Fee
This is a fixed fee and covers all of the work required to complete the property transaction, including dealing with any registration at the Land Registry and with the payment of any Stamp Duty Land Tax (Stamp Duty) if the property is in England, or Land Transaction Tax (Land Tax) if the property you wish to buy is in Wales.
Our fixed legal fee starts at:
£750.00 plus VAT (total £900.00) for a re-mortgage of a freehold property
£900.00 plus VAT (total £1,080.00) for a re-mortgage of a leasehold property
£1,100.00 plus VAT (total £1,320.00) for a sale or purchase of a freehold property
£1,450.00 plus VAT (total £1,740.00) for a sale or purchase of a leasehold property
Our legal fee will be higher if the following factors apply to the transaction/property:
- All or part of the land/property is unregistered
- Shared ownership
- New build
- Buy to let
- Help to Buy Equity Loan
- Your lender has their own retained solicitors requiring duplication or extra work
- The legal title is defective
- The lease needs to be varied or extended
- A grant of a new lease and not an assignment of an existing one
- A declaration of trust is needed to reflect the unequal contributions made to purchase a property
- Necessary building regulations or planning permission has not been obtained
(Please note that this list is not exhaustive).
Our fixed legal fee is also based on the assumption that:
- This is a standard transaction and that no unforeseen matters arise which require remedying prior to exchange of contracts or the preparation of additional documents ancillary to the main transaction
- The transaction is concluded in a timely manner and no unforeseen complications arise
- All parties to the transaction are co-operative and there is no unreasonable delay from third parties providing documentation
- Disbursements
These are costs related to your matter that are payable to third parties, such as Land Registration fees. We handle the payment of the disbursements on your behalf to ensure a smoother process. These should be the same regardless of which firm you use to handle your transaction.
These costs and fees are levied by third parties which are not within our control and are therefore subject to variation without prior notice.
- Additional Costs
These are also costs related to your matter that are payable to third parties and that we use to provide our services to you, such as Local Searches and ID verification fees. We handle the payment of the additional costs on your behalf to ensure a smoother process.
These costs and fees are levied by third parties which are not within our control and are therefore subject to variation without prior notice.
Stamp Duty or Land Tax (on Purchases only)
Stamp Duty or Land Tax may be payable on a purchase. The amount payable depends on the purchase price of your property and your circumstances. You can calculate the amount you will need to pay by using HMRC’s website or if the property is located in Wales by using the Welsh Revenue Authority’s website.
Examples of Cost and Timeframes
To help, we have provided examples of our typical conveyancing fees, disbursements and additional costs for a purchase (of both a freehold and leasehold property) (click here) and a re-mortgage of a freehold property (click here). We also provide some useful information about the work we carry out for the fixed fee and how long a standard transaction might take (both in normal times and during the current Covid-climate).
Please note that the costs information provided on our website is for general guidance only and we always provide a more precise and personalised fixed fee estimate either by email or in our client care letter.