We provide expert legal support for property transactions, including purchases, sales, and remortgages. Each transaction is unique, and timescales can vary based on several factors. A straightforward transaction typically takes 8-12 weeks, while more complex matters may take 4-6 months. As we often liaise with third parties, we will keep you informed throughout and notify you of any anticipated delays.
Property Purchase
Key Steps Involved
Pre-Contract:
Completing client engagement formalities, including identity verification and initial funds on account.
Understanding your requirements and gathering details of the property.
Conducting essential property searches, including Local Authority, Environmental, Drainage, and Chancel checks.
Reviewing the seller’s legal title, deeds, sale documents, planning permissions, and building consents.
Negotiating the draft contract for sale.
Providing formal reports to you and your mortgage lender as required.
Exchange and Pre-Completion:
Securing the deposit payment.
Arranging the exchange of contracts and transferring the deposit to the seller.
Finalising the transfer documentation.
Requesting the release of mortgage funds.
Completing legal checks to ensure a smooth transaction.
Completion and Post-Completion:
Receiving and transferring the final balance of funds.
Paying Stamp Duty Land Tax and submitting the required return.
Registering your ownership and mortgage at the Land Registry.
Providing you and your lender with confirmation of registration and final title deeds.
Fees
Our conveyancing services are typically charged on a fixed fee basis, and we will provide an individual cost estimate before proceeding. Factors that influence the quote include:
Freehold or leasehold property
Mortgage involvement
New build property
Shared ownership scheme
Help to Buy scheme
First registration of title (unregistered land)
Purchase under Right to Buy
Purchase at auction
For a freehold purchase of an existing property valued between £300,000 and £350,000, our fees typically range between £1,350 + VAT (£1,620) and £1,500 + VAT (£1,800).
Potential Additional Fees:
Service | Fee | VAT | Total |
---|---|---|---|
Mortgage - Acting for Lender Fee | £ 250.00 | £ 50.00 | £ 300.00 |
Leasehold Fee | £ 750.00 | £ 150.00 | £ 900.00 |
New Build Fee | £ 1,000.00 | £ 200.00 | £ 1,200.00 |
Lifetime ISA Supplement Fee | £ 100.00 | £ 20.00 | £ 120.00 |
Declaration of Trust | £ 250.00 | £ 50.00 | £ 300.00 |
Disbursements (Third-party costs)
Disbursements are costs incurred that are not our fees but are paid to external providers.
Search fees: Typically £200 - £500 + VAT, depending on location.
Electronic money transfer fee: £30 + VAT per transfer.
HM Land Registry fees: Ranging from £20 - £1,105.00 depending on property value and registration type.
Property Sale
Key Steps Involved
Pre-Contract:
Gathering details of the property and completing necessary forms.
Obtaining mortgage redemption statements if applicable.
Checking legal title and preparing the draft contract.
Liaising with the buyer's solicitor to progress the transaction.
Exchange and Pre-Completion:
Arranging exchange of contracts.
Conducting pre-completion legal checks.
Completion and Post-Completion:
Receiving sale funds and redeeming any mortgage.
Confirming completion and releasing keys.
Transferring the net proceeds to you.
Sending title deeds to the buyer’s solicitor.
Fees
For a freehold sale of a registered property valued between £300,000 and £350,000, our fees typically range from £1,125 + VAT (£1,350) to £1,350 + VAT (£1,620). Leasehold sales may incur an additional charge of £750 + VAT (£900).
Disbursements
Management pack/Landlord fees: £300 - £900.
HM Land Registry office copies: £7 - £35.
Electronic money transfer fee: £30 + VAT per transfer.
Remortgage
Key Steps Involved
Pre-Completion:
Obtaining information from your current mortgage lender.
Checking property title and reviewing lender requirements.
Conducting legal checks before completion.
Requesting mortgage funds from your new lender.
Completion and Post-Completion:
Receiving mortgage funds and repaying your existing mortgage.
Transferring any surplus funds to you.
Registering the new mortgage at the Land Registry.
Registering the new mortgage with the Landlord (for leasehold properties).
Fees
For a remortgage up to £350,000, our fees are £750 + VAT (£900).
Service | Fee | VAT | Total |
---|---|---|---|
Leasehold Property | £ 750.00 | £ 150.00 | £ 900.00 |
Transfer of Equity | £ 100.00 | £ 20.00 | £ 120.00 |
Disbursements
Search fees: Typically £200 - £500 + VAT, based on location.
HM Land Registry fee: £20 - £250, depending on the mortgage amount and title type.
Electronic money transfer fee: £30 + VAT per transfer.
Management Pack/Landlord fees (for leasehold properties): £300 - £900.
We are committed to ensuring your property transaction is as smooth and stress-free as possible. Our experienced team will keep you informed throughout the process and provide clear guidance every step of the way.
For a tailored quote or to discuss your property matter, please get in touch with us today