Costs Information – Conveyancing and Property Matters

We set out below our own fees and also the anticipated payments due to others.

VAT is calculated at the current rate of 20% and where applicable will be shown as +VAT with the amount of VAT applicable in brackets.

BRIEF SUMMARY – Our Solicitors’ fees

Property Sale – Our fees (excluding payments to others)

Up to £200,000£950 +VAT (£190)
£200,001 – £300,000£1,000 +VAT (£200)
£300,001 – £400,000£1,050 +VAT (£210)
£400,001 – £500,000£1,150 +VAT (£230)
£500,001 – £750,000£1,200 +VAT (£240)
£750,001 – £1,000,000£1,250 +VAT (£250)
£1,000,001 – £2,000,000£2,175 +VAT (£435)
Over £2,000,0000.14% of sale price +VAT

NB: Help to Buy Equity Loan redemption add £100 +VAT (£20)
NB: Leasehold Sales add £400 +VAT (£80)        
NB: for anticipated payments to others see Detailed Summary below

Property Purchase – Our fees (excluding payments to others)

Up to £250,000£950 +VAT (£190)
£250,001 – £300,000£1,025 +VAT (£205)
£300,001 – £400,000£1,100 +VAT (£220)
£400,001 – £500,000£1,200 +VAT (£240)
£500,001 – £750,000£1,250 +VAT (£250)
£750,000 – £1,000,000£1,375 +VAT (£275)
£1,000,001 – £2,000,000£2,275 +VAT (£455)
Over £2,000,0000.15% of sale price +VAT

NB: Leasehold fee add £400 +VAT (£80)
NB: Shared ownership lease add £500 +VAT (£100)
NB: New build fee add £500 +VAT (£100)
NB: Help to Buy ISA or LISA (purchase) £50 +VAT (£10)
NB: for anticipated payments to others see Detailed Summary below

Other Conveyancing fees summary (excluding payments to others)

Freehold Remortgage (no change to the names on the title certificate)£500 +VAT (£100)
Leasehold Remortgage (no change to the names on the title certificate)£600 +VAT (£120)
Lifetime Mortgage (no change to the names on the title certificate)£625 +VAT (£125)
Freehold transfer of Equity / Share in Property£500 +VAT (£100)
Leasehold transfer of Equity / Share in Property£600 +VAT (£120)
Freehold Remortgage & Transfer of Equity (combined)£750 +VAT (£150)
Leasehold Remortgage & Transfer of Equity (combined)£850 +VAT (£170)
Deed of Trust (Joint Ownership)£350 +VAT (£70)
Arranging Defective Title or other Indemnity insurance policy£50 +VAT (£100)

NB: for anticipated payments to others see Detailed Summary below

DETAILED SUMMARY – our solicitor fees and anticipated payments due to others

Our conveyancing fee assumes that:-

  • this is a standard transaction and that no unforeseen matters arise including for example (but not limited to) a defect in title which requires remedying prior to completion or the preparation of additional documents ancillary to the main transaction
  • this is not a new build property
  • this does not involve a shared ownership lease
  • (in leasehold cases) this is the assignment of an existing lease and it not the grant of a new lease
  • 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
  • no legal indemnity policies are required.  Additional fees and disbursements may apply if indemnity policies are required.

We do not charge additional sums for:-

  • postage and telephone calls
  • dealing with identity verification and anti-money laundering due diligence
  • dealing with Stamp Duty Land Tax forms and submission to HM Revenue & Customs (in purchase cases and some transfer of equity cases)
  • dealing with repayment of first mortgage (in sale cases and re-mortgage cases)
  • dealing with mortgage work for first mortgages (in purchase cases)
  • swift completion after exchange of contracts

In the event that we have to carry out extra work or if an unusual or complex matter should arise during the case (eg a defect in the title, planning or building regulations difficulty, second mortgage, deed of trust), then we may charge an additional fee for our work in dealing with this issue.  We will contact you immediately if this should arise.  Before we carry out such work, we will provide you with an explanation and a quotation for the cost of the additional work.  

Property Sale (Freehold residential property)

Our fees cover all of the work required to complete the sale of your property and for information regarding the usual stages in property transactions please refer to our Conveyancing page.

Our fees are calculated according to the sale price as set out in the following scale:

Sale Price (freehold house)Our legal fee
Up to £200,000£950 +VAT (£190)
£200,001 – £300,000£1,000 +VAT (£200)
£300,001 – £400,000£1,050 +VAT (£210)
£400,001 – £500,000£1,150 +VAT (£230)
£500,001 –  £750,000£1,200 +VAT (£240)
£750,001 – £1,000,000£1,250 +VAT (£250)
£1,000,001 – £2,000,000£2,175 +VAT (£435)
Over £2,000,0000.14% of sale price +VAT

Note: if the case involves repayment of a Help to Buy Equity loan – additional fee £100 + VAT (£20)

Our additional fees:

Our fee for each electronic money transfer is £30 +VAT (£6)
Electronic money transfer may be required to repay your mortgage (if any) on completion day or you may prefer to receive the proceeds of sale due to you by electronic money transfer instead of by cheque.

For example:
The grand total for the sale of a freehold house at a price of £300,000 where one electronic transfer fee (for mortgage repayment) is required would be:

Our fee £1,000
VAT £200
Our fee for electronic transfer of funds £30
VAT £6
Grand Total £1,236

Property Sale (Leasehold residential property)

Our fees cover all of the work required to complete the sale of your property and for information regarding the usual stages in property transactions please refer to our Conveyancing page.

Our fixed fees are calculated according to the sale price fee as set out in the following scale:

Sale price (leasehold residential property)Our legal fee
Up to £200,000£1,350 +VAT (£270)
£200,001 – £300,000£1,400 +VAT (£280)
£300,001 – £400,000£1,450 +VAT (£290)
£400,001 – £500,000£1,550 +VAT (£310)
£500,001 – £750,000£1,600 +VAT (£320)
£750,001 – £1,000,000£1,650  +VAT (£330)
£1,000,001 – £2,000,000£2,575 +VAT (£515)
Over £2,000,0000.14% of sale price +VAT

Note: if the case involves repayment of a Help to Buy Equity loan – additional fee £100 +VAT (£20)

Our additional fees:

Our fee for each electronic money transfer is £30 +VAT (£6)
Electronic money transfer may be required to repay your mortgage (if any) on completion day or you may prefer to receive the proceeds of sale due to you by electronic money transfer instead of by cheque.

Anticipated Disbursements and Payments to Others:

These are costs payable to third parties that relate to your matter.

In many leasehold cases, additional costs are payable to the landlord and/or management company.   These anticipated disbursements are set out below.  The list is not exhaustive and other disbursements may apply depending on the terms of the lease and the particular management company arrangements.  We will update you on specific costs when we open your file and check the property title and other documents.  These costs may be more or less than the figures given below.

  • Landlord’s fee for supply of detailed information pack regarding the property and the estate. Often the fee is between £100 +VAT (£20) and £500 +VAT (£100)
  • Management Company fee for supply of detailed information pack regarding the property and the estate. Often the fee is between £100 +VAT (£20) and £500 +VAT (£100)(only applicable if there is a separate management company)

For example:

The grand total for the sale of a leasehold flat at the price of £200,000 where one electronic transfer fee is required and where the freeholder fee for information pack is £200 +VAT (£40) would be:

Our fee £1,350
VAT £270
Our fee for electronic transfer of funds £30
VAT £6
Freeholder fee for information pack £200
VAT £40
Grand Total £1,896

Property Purchase (Freehold residential property)

Our fees cover all of the work required to complete the purchase of your property and for information regarding the usual stages in property transactions please refer to our Conveyancing page.

Our fees are calculated according to the purchase price as set out in the following scale:

Purchase price (freehold residential property)Our legal fee
Up to £250,000£950 +VAT (£190)
£250,001 – £300,000£1,025 +VAT (£205)
£300,001 – £400,000£1,100 +VAT (£220)
£400,001 – £500,000£1,200 +VAT (£240)
£500,001 – £750,000£1,250 +VAT (£250)
£750,000 – £1,000,000£1,375 +VAT (£275)
£1,000,001 – £2,000,000£2,275 +VAT (£455)
Over £2,000,0000.15% of purchase price +VAT

Note: if the property is a New-Build purchase from developers – additional fee £500 +VAT (£100)
Note: if the purchase involves Help to Buy ISA – additional fee £50 +VAT (£10) (per ISA)

Our additional fees:

Our fee for each electronic money transfer is £30 +VAT (£6)

Electronic money transfer will be required to send purchase monies to seller’s lawyers on completion day.

Anticipated Disbursements and Payments to Others:

These are costs payable to third parties that relate to your matter.

  • Searches – these are searches of local authority and other official records regarding the property and the surrounding area.  Routinely we carry out 4 searches namely Local Authority Search, Chancel check, Drainage and Water Search and Environmental Search. We typically obtain these four searches as a pack which costs approx. £205 +VAT (£41).
    • Sometimes we carry out further searches e.g. Mining & Subsidence search, approx. £25 +VAT (£5) or a Flood Risk search, approx. £30 +VAT (£6)
  • HM Land Registry fee for registration of title – this depends on the purchase price of your property.  You can calculate the amount you will need to pay using the HM Land Registry website https://www.gov.uk/guidance/hm-land-registry-registration-services-fees#scale-1-fees. There is no VAT applicable to HMLR fees.
  • Stamp Duty Land Tax – this is a tax that applies in England and is payable to HM Revenue & Customs.  The amount of tax depends on the purchase price of your property. You can calculate the amount payable by using HM Revenue & Customs’ calculator (https://www.tax.service.gov.uk/calculate-stamp-duty-land-tax/#/intro).
  • If the property is located in Wales, then Land Transaction Tax applies instead of SDLT. You can calculate the amount payable by using the Welsh Revenue Authority’s calculator (https://lttcalculator.wra.gov.wales/)

    There is no VAT applicable to SDLT or LTT.

For example:

The grand total for the purchase of a freehold house at a price of £300,000 where one electronic transfer fee is required and where Stamp Duty Land Tax is payable at the standard rate would be:

Our fee £1,025
VAT £205
Our fee for electronic transfer of funds £30
VAT £6
Search fees £205
VAT £41
HM Land Registry fee £330
Stamp Duty Land Tax £5,000
Grand Total £6,842

Property Purchase (Leasehold residential property)

Our fees cover all of the work required to complete the purchase of your property and for information regarding the usual stages in property transactions please refer to our Conveyancing page.

Our fees are calculated according to the purchase price as set out in the following scale:

Purchase price (leasehold residential property)Our legal fee
Up to £250,000£1,350 +VAT (£170)
£250,001 – £300,000£1,425 +VAT (£208)
£300,001 – £400,000£1,500 +VAT (£300)
£400,001 – £500,000£1,600 +VAT (£320)
£500,001 – £750,000£1,650 +VAT (£330)
£750,000 – £1,000,000£1,775 +VAT (£355)
£1,000,001 – £2,000,000£2,675 +VAT (£535)
Over £2,000,0000.15% of purchase price +VAT

Note: if the property is a New-Build purchase from developers – additional fee £500 +VAT (£100)
Note: if the case involves a Shared Ownership Lease – additional fee £500 +VAT (£100)
Note: if the purchase involves Help to Buy ISA – additional fee £50 +VAT (£10) (per ISA)

Our additional fees:

Our fee for each electronic money transfer is £30 +VAT (£60)

Electronic money transfer will be required to send purchase monies to seller’s lawyers on completion day.

Anticipated Disbursements and Payments to Others:

These are costs payable to third parties that relate to your matter.  In leasehold cases, additional costs are payable to the landlord and/or management company and these costs vary greatly depending on the lease and the particular management company arrangements.  We will update you on specific costs when we open your file and check the property title and other documents.  The leasehold costs may be more or less than the figures given below.

  • Searches – these are searches of local authority and other official records regarding the property and the surrounding area.  Routinely we carry out 4 searches namely Local Authority Search, Chancel check, Drainage and Water Search and Environmental Search. We typically obtain these four searches as a pack which costs approx. £205 +VAT (£41).
    • Sometimes we carry out further searches eg. Mining & Subsidence search, approx. £25 +VAT (£5) or a Flood Risk search, approx. £30 +VAT (£6)
  • HM Land Registry fee for registration of title – this depends on the purchase price of your property.  You can calculate the amount you will need to pay using the HM Land Registry website https://www.gov.uk/guidance/hm-land-registry-registration-services-fees#scale-1-fees. There is no VAT applicable to HMLR fees.
  • Landlord/Management company fees :-
    • Notice of Transfer fee – this is often between £25 +VAT (£5) and £150 +VAT (£30)
    • Notice of Charge fee (if the property is to be mortgaged) – this is often between £25 +VAT (£5) and £150 +VAT (£30)
    • Deed of Covenant fee – this is often between £50 +VAT (£10) and £150 +VAT (£30)
    • Certificate of Compliance fee if required for HM Land Registry registration – this is often between £50 +VAT (£10) and £175 +VAT (£35)
  • Stamp Duty Land Tax – this is a tax that applies in England and is payable to HM Revenue & Customs.  The amount of tax depends on the purchase price of your property. You can calculate the amount payable by using HM Revenue & Customs’ calculator (https://www.tax.service.gov.uk/calculate-stamp-duty-land-tax/#/intro).
  • If the property is located in Wales, then Land Transaction Tax applies instead of SDLT. You can calculate the amount payable by using the Welsh Revenue Authority’s calculator (https://lttcalculator.wra.gov.wales/)

    There is no VAT applicable to SDLT or LTT.

For example:

The grand total for the purchase of a leasehold flat at a price of £200,000 where the landlord notice of transfer fee is £75+VAT(£15), the notice of mortgage fee is £75+VAT(£15)  , the deed of covenant fee is £75+VAT(£15) and certificate of compliance fee is £75+VAT(£15) and where only one electronic transfer fee is required and where Stamp Duty Land Tax is payable at the standard rate would be:

Our fee £1,350
VAT £270
Our fee for electronic transfer of funds £30
VAT £6
Search fees £205
VAT £41
HM Land Registry fee £230
Stamp Duty Land Tax £1,500 *
Landlord notice of transfer fee is £90
Notice of mortgage fee is £90
Deed of Covenant fee is £90
Certificate of Compliance fee is £90  
Grand Total £3,992

How long will my sale or purchase transaction take?

It is difficult in property matters to provide an accurate assessment of timescale in view of the number of different factors that can affect this.  For example, number of parties in the chain of transactions, time taken to obtain final written mortgage offers, unforeseen legal difficulties.  However, exchange of contacts often happens within approximately 4 to 8 weeks from issue of contract documents, with completion approximately 2 weeks thereafter.  On many occasions, transactions complete more quickly or more slowly.  We will however do our best to deal with matters as quickly as possible for you.

Mortgages and Remortgages

Our fees cover all of the work required to complete the remortgage or mortgage of your property including checking the legal title of the property, carrying out required searches, reporting to you on the mortgage offer, arranging for you to sign the mortgage deed and then completing the mortgage transaction for you by drawing down mortgage funds and arranging repayment of any existing mortgage on your property.

Our fixed fees for remortgage or mortgage of a freehold residential property are £500 +VAT(£100)and for a residential leasehold property are £600 +VAT(£120).

Our additional fees:

Our fee for each electronic money transfer is £30 +VAT (£6)

Electronic money transfer may be required to repay your mortgage (if any) on completion day.

Anticipated Disbursements and Payments to Others:

These are costs payable to third parties that relate to your matter.

  • Searches – these are searches of local authority and other official records regarding the property and the surrounding area.  Routinely we carry out 4 searches namely Local Authority Search, Chancel check, Drainage and Water Search and Environmental Search. We typically obtain these four searches as a pack which costs approx. £205 +VAT (£41).
    • Sometimes we carry out further searches eg. Mining & Subsidence search, approx. £25 +VAT (£5) or a Flood Risk search, approx. £30 +VAT (£6)
  • HM Land Registry fee for registration of mortgage – this depends on the amount of the new mortgage.  You can calculate the amount you will need to pay using the HM Land Registry website https://www.gov.uk/guidance/hm-land-registry-registration-services-fees#scale-2-fees . There is no VAT applicable to HMLR fees.
  •  (In leasehold cases only) Notice of mortgage fee payable to the landlord and/or management company – this fee varies but often the fee is between £25 +VAT (£5) and £150 +VAT (£30)

For example:

The grand total for the remortgage of a freehold house for a new mortgage amount of £150,000 where one electronic transfer fee is required would be:

Our fee £500
VAT £100
Our fee for electronic transfer of funds £30
VAT £6
Search fees £205
VAT £41
HM Land Registry fee £30  
Grand Total £912

How long will my remortgage/mortgage transaction take?

We would normally aim to complete a remortgage/mortgage within 4 weeks from the issue of mortgage offer by the lender.

Transfer of Equity

Our fees cover all of the work required to transfer a share of ownership in a property – for example transferring ownership from the joint names of two people into the sole name of one person or vice versa. Our work includes checking the legal title of the property, carrying out required searches and arranging documentation to transfer ownership of the property and also includes dealing with SDLT matters (if applicable) and registration at HM Land Registry.

Our fees for Transfer of Equity are £500 +VAT (£100)

Our additional fees:
Our fee for each electronic transfer of money £30 +VAT (£6)

Anticipated Disbursements and Payments to Others:
These costs payable to third parties that relate to your matter.

  • Searches – these are searches of local authority and other official records regarding the property and the surrounding area.  Routinely we carry out 4 searches namely Local Authority Search, Chancel check, Drainage and Water Search and  Environmental Search. We typically obtain these four searches as a pack which costs approx. £205 +VAT (£41).
    • Sometimes we carry out further searches eg. Mining & Subsidence search, approx. £25 +VAT (£5) or a Flood Risk search, approx. £30 +VAT (£6)
  • HM Land Registry fee for registration of title – this depends on the precise nature of the transaction. Please contact us for further guidance on this. You can calculate the amount you will need to pay using the HM Land Registry website https://www.gov.uk/guidance/hm-land-registry-registration-services-fees#scale-1-fees. There is no VAT applicable to HMLR fees.
  •  (In leasehold cases only) Notice of mortgage fee payable to the landlord and/or management company – this fee is often between £25 +VAT (£5) and £150 +VAT (£30)
  • Stamp Duty Land Tax may be applicable depending on the precise nature of the transaction. Please contact us for guidance on this.