Our Charges

Estimated Fee for a Freehold Sale/Purchase Transaction

 

Price

Sale

Purchase

£0 - £400,000

£1,495.00 plus VAT

£1,595.00 plus VAT

£400,001 - £700,000

£1,595.00 plus VAT

£1,695.00 plus VAT

£700,001 - £1,000,000

£1,795.00 plus VAT

£1,895.00 plus VAT

£1,000,000.00 +

Please contact us

Please contact us

 

Estimated Fee for a Leasehold Sale/Purchase Transaction

 

Price

Sale

Purchase

£0 - £400,000

£1,595.00 plus VAT

£1,695.00 plus VAT

£400,001 - £700,000

£1,795.00 plus VAT

£1,950.00 plus VAT

£700,001 - £1,000.000

£2,045.00 plus VAT

£2,195.00 plus VAT

£1,000,000 +

Please contact us

Please contact us

 

 

Estimated Fee for a Transfer of Equity (Freehold or Leasehold) Transaction

 

  Price                                                      

  Transfer of Equity                        

  £0 - £400,000

  £1,200.00/£1,350.00 plus VAT

  £400,001 to £700,000

  £1,200.00/£1,350.00 plus VAT

  £700,001 to £1,000,000

  £1,200.00/£1,350.00 plus VAT

  £1,000,000 +

  Please contact us

 

 

Estimated Fee for a Remortgage (Freehold or Leasehold) Transaction

 

  Price                                                        

  Remortgage                                  

  £0 - £400,000

  £1,300.00/£1,500.00 plus VAT

  £400,001 to £700,000

  £1,300.00/£1,500.00 plus VAT

  £700,001 to £1,000,000

  £1,300.00/£1,500.00 plus VAT

  £1,000,000 +

  Please contact us

 

Estimated Fee for a Transfer of Equity and Remortgage (Freehold or Leasehold) Transaction

 

  Price                                                       

  Transfer & Remortgage                        

  £0 - £400,000

  £1,595.00/£1,695.00 plus VAT

  £400,001 to £700,000

  £1,595.00/£1,695.00 plus VAT

  £700,001 to £1,000,000

  £1,595.00/£1,695.00 plus VAT

  £1,000,000 +

  Please contact us

 

The above-mentioned figures are based on the following assumptions:

  • The matter proceeds in the usual way and is not expedited.
  • The property is not purchased or sold from auction or a new build.
  • The transaction does not involve the grant of a new lease or a lease extension.
  • The matter does not become overly complicated, including during the onboarding process.
  • You are an individual not a company or charity.
  • The property is not tenanted.
  • We carry out the usual searches i.e Local, Drainage, Enviro and Chancel.
  • There are no defects in title or with the title documents that require remedying.
  • On a sale or re-mortgage, we are dealing with the redemption of one existing mortgage.
  •  

The above examples are not an exhaustive list. If your matter becomes unexpectedly complicated, then our costs may be reviewed, and you will be advised accordingly in writing.

Unless advised otherwise, for sale and purchase transactions we work towards an exchange as soon as we can and a completion on average 2 or more weeks later however this very much depends on your instructions and the other party’s position.  The average residential sale or purchase takes approx. 8 to 14 weeks from start to completion.  Some transactions take less and some more depending on circumstances including the issue of mortgage offers, Local Authority Search delays, lengthy or complicated chains of transactions and title issues.

Our Additional Legal Fees:

  • Expedition Fee - if completion takes place less than 5 clear working days from exchange we will usually add £195 plus VAT to the above fee.
  • Acting for the lender - £175 plus VAT on a purchase. 
  • Due Diligence Fees an hourly rate may apply should the onboarding process become complicated.
  • Stamp Duty Land Tax Submission - £100 plus VAT.
  • New Build fee - on application.
  • Auction sale/purchase - on application.
  • Shared ownership transaction/staircasing - on application also.
  • Redemption of Second/subsequent charge(s) - £250 plus VAT per charge.
  • For Leasehold properties that are a “Relevant Building” under the Building Safety Act 2022 a high-rise transaction fee - on application depending on work.
  • Purchase share of freehold in leasehold transactions approx. £495 plus VAT.
  • Variation of lease as part of sale/purchase starting fee depending on nature of variation £750 plus VAT.
  • Gift Deposit per gift - £250 plus VAT.  
  • Help to Buy ISA Bonus Claim - £50 plus VAT.
  • Help to Buy Second Charge - £500 plus VAT.
  • If the Buyer is a UK Company -depending on the nature of the transaction approx £350 plus VAT.
  • Unregistered Title fee - on application depending on the issues on title.

Disbursements not included in our fees:

A Typical Sale

Official Copies - per document £7.00
CHAPS Transfer Fee - sale proceeds to you £37.50 plus VAT

Onboarding Fee - per party £12.00 plus VAT
BACS Fee for Estate Agents Commissions £15.00 plus VAT
InfoTrack Admin Fee for Land Registry Services £1.50 £1.80
AML - per party £5.50 plus VAT
CHAPS Transfer Fee - redemption to lender (if applicable) £37.50 plus VAT
Management/Sellers Pack for leasehold typically between £300 plus VAT and £600 plus VAT depending on type and location of property and number of agents involved. 

A Typical Purchase/Remortgage

Search Pack estimated £300 to £600 plus VAT (based on location of property and relevant local authority)                                                                       

CHAPS Transfer Fee £37.50 plus VAT
Onboarding Fee (Per Person) £12.00 plus VAT
SDLT Submission Fee £5.00 plus VAT  
Land Registry Application Submission Fee £5.00 plus VAT
Confirmly Lawyer Bank Account Check Fee £12.50 plus VAT
AML (Per Person) £5.50 plus VAT
OS1 Priority Search Fee  £8.80
Land Registry Fee based on consideration HM Land Registry: Registration Services fees - GOV.UK
Notice of Assignment/Transfer/Charge/(on leasehold) approx £150 plus VAT per notice and similarly if there is a Deed of Covenant.

All references to VAT are at the standard rate i.e. 20%.

No two transactions are identical and, since all transactions differ, please note that the estimated fees on this website are a guide only and, if you require more specific information, please do contact us directly.

For further information, help or advice, please fill in our contact form or call us on 0208 449 7326.