Conveyancing Pricing

Why Us

We have an experienced team who understand the stress involved in buying, selling or re-mortgaging your property. Our approach is simple; we provide a first-class service from our expert team who make the difference by removing confusion and uncertainty, dealing with all of the legal details of a property transaction on your behalf.

Our team is made up of highly qualified Solicitors and licensed conveyancers who have the legal and technical “know how” to resolve any issues as they arise in a professional and efficient manner. We understand that communication is key, so will make sure we are always available to answer your questions and ensure you are kept up-to-date with everything you need to know.

You will have the confidence that you are our priority, with our aim being that any member of the team is available to speak with you when you need some clarity and certainty at any stage in the process. We feel this provides reassurance and gives you an outlet for any concerns that you may have. Potentially this is the biggest investment of your life and we not only want to provide that first-class service, but value for money and no hidden fees.

We are proud to hold CQS Accreditations, issued by the Law Society. This involves the firm undergoing a rigorous audit process which ensures we maintain high levels of client care.

Residential Sale Pricing

When it comes to selling a property, there are important decisions you need to make and we are here to ensure that your all your legal obligations are met. There are lots of boxes to tick and we want to assist you in selling your house quickly and efficiently, leaving you free to move on to your next property.

Time Scales

For any transaction, the timescales are subject to change depending on when your offer is accepted and other factors involved, such as:

  • Number of parties in the chain.
  • Whether the buyer has a mortgage in place.
  • Whether the buyer requests lease extension for a leasehold property.
  • Whether the searches flag up any issues.
  • Whether buyer’s Survey shows up any issues.
  • Buyer’s Enquiries.

A typical transaction will take between 10-14 weeks. However, if any of the above apply or there are other factors we need to take into consideration, it may increase the time by a further 4-6 weeks and additional charges may occur. We will discuss this with you at the earliest opportunity, so you always have a clear picture of how long things are likely to take.

Key Milestones

With every transaction there are key milestones, which may vary according to individual circumstances. They may be as follows:

  • Taking your instructions.
  • Checking finances are in place for the buyer to fund the purchase.
  • Drafting contracts of sale and any other necessary documents and reviewing these with you.
  • Sending the contacts of sale to the buyer’s solicitor and dealing with any enquires they have.
  • Providing advice on all documents and information received.
  • Finalising the contract and sending to you for signature.
  • Agreeing a completion date (the date from which the buyer will legally own the property).
  • Exchanging contracts and notifying you that this has happened.
  • Completing the purchase.

Pricing

Our fee for a sale ranges between £800 – £2700 plus VAT with the average fee being £1300 plus VAT. Our hourly rates range from £155 – £345 (+20% VAT) depending on your solicitor’s experience.

Other factors that can increase our fees are:

  • If the transaction involves Shared Ownership.
  • The Property being unregistered.
  • The extent of the questions raised by the purchaser’s solicitors.
  • the level of client involvement required, and the seniority of our personnel required to be involved.
  • If you wish to complete within 14 days of exchange.

Disbursements

Disbursements are costs related to your transaction that are payable to third parties. The most common disbursements for a purchase are as follows.

  • Bank Transfer fees (Telegraphic transfers) £35 per transfer plus VAT.
  • Land Registry documents £3 per document plus VAT.
  • Identity Check Fee £10 per person plus VAT.

If the Property is leasehold there maybe other disbursements payable to a management company for providing additional information these fees are between £200 - £600 plus VAT but can be higher or lower.

VAT is calculated the current rate of 20%

Residential Purchase Pricing

Time Scales

For any transaction, the timescales are subject to change depending on when your offer is accepted and other factors involved. The average process takes between 10-14 weeks. It can be quicker or slower, depending on the parties in the chain. For example, if you are a first-time buyer, purchasing a new build property with a mortgage in principle, it could take 18 weeks. However, if you are buying a leasehold property that requires an extension of the lease, this can take significantly longer, between 4 and 6 months. In such situations additional charges would apply.

Our fee assumes that:

  • This is a standard transaction and that no unforeseen matters arise, including (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 the assignment of an existing lease and is 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 indemnity policies are required. Additional disbursements may apply if indemnity policies are required.

Key Milestones

With every transaction there are key milestones, which may vary according to individual circumstances. They may be as follows:

  • Taking your instructions and giving you initial advice.
  • Checking finances are in place to fund purchase and contacting lender's solicitors if needed.
  • Receiving and advising on contract documents.
  • Carrying out searches.
  • Obtaining further planning documentation if required.
  • Making any necessary enquiries of seller's solicitor.
  • Giving you advice on all documents and information received.
  • Going through the conditions of your mortgage offer.
  • Sending the final contract to you for signature.
  • Draft Transfer.
  • Advising you on joint ownership.
  • Obtaining pre-completion searches.
  • Agreeing a completion date (the date from which you own the property).
  • Exchanging contracts and notifying you that this has happened.
  • Arranging for all monies needed to be received from lender and you.
  • Completing purchase.
  • Dealing with payment of Stamp Duty/Land Tax.

Pricing

Our fee for a purchase ranges between £900 – £3800 plus VAT with the average fee being £1600 plus VAT. Our hourly rates range from £155 – £345 (+20% VAT) depending on your solicitor’s experience.

Other factors that can increase our fees are:

  • If the transaction involves Shared Ownership.
  • The Property being unregistered.
  • the level of client involvement required, and the seniority of our personnel required to be involved by the client.
  • The extent of the questions we are required to raise and the responses provided by the sellers solicitors.
  • whether consents from any third party (typically but not always a landlord) are required and whether that third party attaches conditions to that consent.
  • If the financing involves a second or subsequent legal charges.
  • If you wish to complete within 14 days of exchange.

Disbursements

Disbursements are costs related to your transaction that are payable to third parties. The most common disbursements for a purchase are as follows.

  • Bank Transfer fees (Telegraphic transfers) £35 per transfer plus VAT.
  • Land Registry Registration fee £20 - £1105.
  • Identity Check Fee £10 per person plus VAT.
  • Search Pack fee £200 - £600 plus VAT depending on local authority charges.
  • Completion of SDLT form (Stamp duty land tax) £50 plus VAT.
  • OS1 search fee £3 per title plus VAT.
  • Bankruptcy search fee £2 per person plus VAT.
  • There may be notice fees payable to the Landlord which may require a notice fee to be payable of between £50-£200 plus VAT.

VAT is calculated the current rate of 20%

Remortgage Pricing

A remortgage is when you either renegotiate with your current lender or change the mortgage on your property to a new lender. It is important to speak to a mortgage adviser who can go through the options with you and make sure you get the right deal for what you want to achieve.

There are many reasons you may wish to remortgage such as:

  • To reduce the interest rate on your mortgage.
  • To fix your monthly payments and protect against possible future rate rises.
  • To raise money to carry out home improvements.
  • To raise a cash lump sum by releasing equity from your home.
  • Change in personal circumstances such as a marriage or divorce.
  • To consolidate your debts.

Time Scales

A typical remortgage takes between 6 and 8 weeks, however it can be longer if there are any complications such as an application being rejected. The process may also take longer if you switch lenders compared with getting a new deal with your current mortgage company.

Key Milestones

With every transaction there are key milestones, which may vary according to individual circumstances. They may be as follows:

  • Taking your instructions and giving initial advice based on the information you have provided.
  • Requesting the Title Deeds and Redemption Statement.
  • Obtaining Official Copies of the Title.
  • Checking the Title.
  • Checking Official Copies.
  • Leasehold properties will require the lease to be checked and enquiries made if relevant.
  • Searches.
  • Checking the mortgage offer.
  • Preparing for completion.
  • Requesting final redemption statement.
  • Requesting the mortgage advance.
  • Completion.
  • Registration.

Pricing

Our fee for a remortgage ranges between £900 – £2500 plus VAT with the average fee being £1100 plus VAT. Our hourly rates range from £155 – £345 (+20% VAT) depending on your solicitor’s experience.

Other factors that can increase our fees are:

  • the level of client involvement required, and the seniority of our personnel required to be involved by the client.
  • whether consents from any third party (typically but not always a landlord) are required and whether that third party attaches conditions to that consent.
  • If the financing involves a second or subsequent legal charges.

Disbursements

Disbursements are costs related to your transaction that are payable to third parties. The most common disbursements for a remortgage are as follows.

  • Bank Transfer fees (Telegraphic transfers) £35 per transfer plus VAT.
  • Land Registry Registration fee £20 - £140.
  • Identity Check Fee £10 per person plus VAT.
  • OS1 search fee £3 per title plus VAT.
  • Bankruptcy search fee £2 per person plus VAT.
  • Search fee £30 - £300 plus VAT or indemnity insurance.

VAT is calculated the current rate of 20%

 

For further information please call to speak to one of our experts on 01580 762248