Leasehold Residential Sale

Our fees cover all of the work required to complete the sale of your new home, including the redemption of any mortgage you may have over the property and paying your estate agents fees.

Conveyancer’s fees and disbursements:

Sale price:                        Legal fees:

Up to £250,000                 £525 - £600 plus VAT             

£250,001-£500,000         £625 - £700 plus VAT                       

£500,001-£1m                   £725 - £800 plus VAT   

Over £1m                         0.1%                                      

Electronic money transfer fee £30 plus VAT of £6 for each transfer paid.

London properties:

Up to £250,000                  £800 - £875 plus VAT

£250,001-£500,000          £920 - £995 plus VAT

£500,001-£1m                    £995 - £1070 plus VAT

Over £1m                             0.1%

Electronic money transfer fee £30 plus VAT of £6 for each transfer paid

Disbursements:

Disbursements are costs related to your matter that are payable to third parties

Office copies 6.00

We will also pay your mortgage lender and your estate agents fees from the proceeds of sale.

Our fee assumes that:

1.      This is a standard transaction and that no unforeseen matters arise including for example (but not limited to) a defect in title which require remedying prior to completion or the preparation of additional documents ancillary to the main transaction

2.      The transaction is concluded in a timely manner and no unforeseen complications arise

3.      All parties to the transaction are co-operative and there is no unreasonable delay from third parties providing documentation

4.      No indemnity polices are required. Additional disbursements may apply if indemnity polices are required.

Stages of the process

The precise stages involved in the sale of a residential property vary according to the circumstances. However, below we have suggested some key stages that you may wish to include:

  • Take your instructions and give you initial advice

  • Obtain office copies and draft and issue Contract pack

  • Obtain Management Company pack

  • Obtain redemption figure from existing lender

  • Reply to enquiries raised by Buyers’ Solicitors

  • Have you sign the Contract and Transfer deed

  • Agree completion

  • Exchange contracts and notify you that this has happened

  • Complete sale

  • Redeem your mortgage

  • Pay your estate agents

How long will my house sale take?

How long it will take from your offer being accepted until you can move out of  your house will depend on a number of factors. The average process takes between 6-10 weeks.

It can be quicker or slower, depending on the parties in the chain.