Residential Conveyancing Fees - Purchase
Freehold Leasehold London
Up to £250,0000 £750.00 plus VAT (£900) £850.00 plus VAT (£1020) £1000 plus VAT (£1200)
£250,001-£500,000 £850.00 plus VAT (£1020) £950.00 plus VAT (£1140) £1120 plus VAT (£1344)
£500,001-£1m £900.00 plus VAT (£1080) £1,050.00 plus VAT (£1260) £1195 plus VAT (£1434)
Over £1m Please contact us to discuss a bespoke estimate Tel: (01524) 386500
Other Purchases
New build (No HTB) £1400.00 plus VAT (£1680)
New build with HTB £1700.00 plus VAT (£2040)
Shared Ownership Additional £350.00 plus VAT (£420)
Right to Buy Leasehold price
Auction Additional £300.00 plus VAT (£360)
Equity Mortgage Additional £250.00 plus VAT (£300)
Staircasing Additional £850 plus VAT (£1020)
Others
Declaration of Trust £250.00 plus VAT (£300)
Discharge of HTB charge £650.00 plus VAT (£780)
Lifetime ISA £50.00 plus VAT (£60)
Forces HTB £150.00 plus VAT (£180)
Buying in company Additional £50.00 plus VAT (£60)
Purchase Disbursements:
Disbursements are costs related to your matter that are payable to third parties, such as Land Registry fees. We handle the payment of the disbursements on your behalf to ensure a smoother process.
Search fees £265.00 (Local Authority Search, Water & Drainage Search, Environmental Search) inc VAT
Anti-money laundering check £7.50 including VAT per person
There is no VAT applicable on the disbursements below.
Land Registry registration fee on a scale dependent on price
Property Value Land Registry Fee
£0 to £80,000 £20
£80,001 to £100,000 £40
£100,001 to £200,000 £100
£200,001 to £500,000 £150
£500,001 to £1,000,000 £295
£1,000,001 and over £500
Land Registry search £3.00
Bankruptcy search £2.00 per name
Stamp Duty or Land Tax (on purchase)
This depends on the purchase price of your property. You can calculate the amount you will need to pay by using HMRC’s website as per link https://www.tax.service.gov.uk/calculate-stamp-duty-land-tax/#/intro or if the property is located in Wales by using the Welsh Revenue Authority’s website here https://beta.gov.wales/land-transaction-tax-calculator
Our fees assume 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 purchase process
The precise stages involved in the purchase 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
Check finances are in place to fund purchase and contact lender's solicitors if needed
Receive and advise on contract documents
Carry out searches
Obtain further planning documentation if required
Make any necessary enquiries of seller's solicitor
Give you advice on all documents and information received
Go through conditions of mortgage offer with you
Send final contract to you for signature
Agree completion date (date from which you own the property)
Exchange contracts and notify you that this has happened
Arrange for all monies needed to be received from lender and you
Complete purchase
Deal with payment of Stamp Duty/Land Tax
Deal with application for registration at Land Registry
How long will my house purchase take?
How long it will take will depend on a number of factors. The average process takes 10+ weeks. It can be quicker or slower, depending on the parties in the chain.
Who will deal with my matter?
The members of our conveyancing department and links to their profiles can be found below. Pippa Weld-Blundell is the Supervisor for the conveyancing department.
