The costs involved in conveyancing can vary dependent on a number of factors, for example the type of property, value, and whether or not the property is already registered at HM Land Registry or not.
The costs can be broken down into the fees that we charge, and then disbursements. In addition there may be bank transfer fees and fees for completing forms on your behalf, Details of all these are made below.
Typically, our fees will range from £600 inclusive of VAT plus disbursements up to around £2,040 inclusive of VAT. Please note the VAT rate currently stands at 20%.
For example, a purchase of an empty freehold registered property of around £100,000, our costs would be £600 inclusive of VAT, plus the additional charges and disbursements set out below. Whereas a purchase of an unregistered property or a leasehold property for £2m would be £2,040 inclusive of VAT. Typically, fees are slightly higher for new build properties, unregistered properties and leasehold properties.
We are happy to give you a personalised estimate by phone or email – please get in touch.
Our fees cover all of the work required to complete the purchase of your new home or investment, including dealing with registration at the Land Registry and dealing with the payment of Stamp Duty Land Tax (Stamp Duty) if the property is in England, or Land Transaction Tax (Land Tax) if the property you wish to buy is in Wales.
In order to give you an indication of the costs, we can set out the likely costs on a purchase transaction. These are based on the Land Registry’s data on an average price of a property in the UK, £230,000:
Estimated total: £1,241
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.
How long it will take from your offer being accepted until you can move in to your house will depend on a number of factors. The average process takes between 6-10 weeks from receipt of contract and mortgage paperwork (if applicable), but can often be quicker.
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 4-6 weeks. However, if you are buying a leasehold property that requires an extension of the lease, this can take significantly longer, between 8 to 10 weeks. In such, a situation additional charges would apply.
The precise stages involved in the purchase of a residential property vary according to the circumstances. However, we have set out the key stages below:
This is not a binding estimate or quote.
Fees are based on individuals purchasing single freehold residential property, with or without lending.
If property is being purchased by a company rather than an individual then please contact us for a personalised estimate.
If you are borrowing any money from family/friends, then we will need to prepare additional documentation and check additional ID documents, then there will be an additional £120 inclusive of VAT payable.
If the purchase is an auction purchase or there is bridging finance involved, there will be an additional £240 inclusive of VAT payable.
Typically, our fees will range from £600 inclusive of VAT plus disbursements up to around £1,800 inclusive of VAT.
For example, a sale of an empty freehold registered property of around £100,000, our costs would be £600 inclusive of VAT, plus the additional charges and disbursements set out below. Whereas a purchase of an unregistered property or a leasehold property for £2m would be £1,800 inclusive of VAT. Typically, fees are slightly higher for unregistered properties and leasehold properties.
We are happy to give you a personalised estimate by phone or email – please get in touch.
Our fees cover all of the work required to complete the sale of your property.
In order to give you an indication of the costs, we can set out the likely costs on a sale transaction. These are based on the Land Registry’s data on an average price of a property in the UK, £230,000:
Estimated total: £756
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.
The length of time a sale transaction depends on a number of factors. The average process takes between 6-10 weeks from issuing of contract and mortgage paperwork (if applicable), but can often be quicker.
It can be quicker or slower, depending on the parties in the chain. For example, if you are selling to a first time buyer, and a mortgage has been agreed, it could take 4-6 weeks. However, if you are selling a leasehold property that requires an extension of the lease, this can take significantly longer, between 8 to 10 weeks. In such, a situation additional charges would apply.
This is not a binding estimate or quote.
Fees are based on individuals selling a single freehold residential property, with or without lending.
Or Call Our Residential Property Line 07779275142
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