Conveyancing Costs
Any member of our Conveyancing team may work on a transaction ranging from Partners to experienced secretarial staff. Further information relating to our team can be found on their individual profile pages within this website. Regardless of who works on a matter, they will (unless otherwise indicted within their individual profiles) be supervised by Chris Hubbard, Partner and Head of the Conveyancing Department.
Hourly Rates
Our hourly rates range between £275 for Partner level and £150 for more junior members of the team, exclusive of VAT (between £330 and £180.00 inclusive of VAT).
Estimated Costs
The exact number of hours it will take for a conveyancing transaction depends on the circumstances in the individual case. However, in the majority of cases, where the value of the property is up to £500,000, we will agree to act on the basis of a “fixed fee”.
We have set out below an outline of what costs could be incurred based upon a “standard” transaction. The figures below assume 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
- In relation to Leasehold purchased, 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 complication 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
- This is not a first registration of title
- This is not a second or additional home
- This is not a purchase by a limited company or business
Factors, in addition to the above, which would typically affect the cost of our service include:
- The value of the property
- If you are a first-time buyer with a Help to Buy or Shared Ownership Scheme (or other assistance scheme)
- Islamic mortgages
- If legal title is defective or part of the property is unregistered
- If we discover building regulations or planning permission has not been obtained
- If crucial documents we have previously requested have not been provided
- A purchase under a right to buy
- A purchase at auction
- The property has been repossessed
We have provided an estimate of potential disbursements. Disbursements are costs related to your matter that are payable to third parties, such as search fees. We handle the payment of the disbursements on your behalf to ensure a smoother process. There are certain disbursements which will be fully dependant upon the individual circumstances of the transactions or, for Leasehold purchases, set out in the individual lease relating to the Property. The disbursements which we anticipate will apply are set out separately below. This list is not exhaustive and other disbursements may apply depending on the individual transaction. We will update you on the specific fees upon receipt of full information relating to the transaction.
You should also be aware that for a Leasehold purchase, the ground rent and service charge are likely to apply throughout your ownership of the property. We will confirm the ground rent and the anticipated service charge as soon as this we receive this information.
In some cases referral fees of an average £100 plus VAT (£120 inclusive of VAT) are paid. You will be informed if this is the case in your matter.
| Type of Transaction | Average Base Fees | Average Disbursements | Average Time | Usual Stages |
| Standard Freehold Purchase |
Range between £700.00 and £1,400 + VAT (£840.00 and £1,680.00 inclusive of VAT) depending on the value of the property up to £800,000. Where the value of the property exceeds £800,000, average base fees will increase by £100 + VAT (£120.00 inclusive of VAT) per additional £100,000 in value (or part thereof). Further fees may also apply in circumstances where additional factors are involved in the transaction (see “Additional Fees” tab above). We will always provide you with a detailed quote for you to accept prior to our commencing work or incurring any fees.
|
– Search Fees – approximately £125.00 + VAT (£150.00 inclusive of VAT) · HM Land Registry Search Fees – £10.00 · HM Land Registry Fee – this will depend upon the purchase price of your property. You can calculate the amount payable using the HMLR website (link below) · Chancel Repair Indemnity (where appropriate) – £10.00 + 12% IPT (£11.20 inclusive of IPT) · Stamp Duty Land Tax – this will depend upon the purchase price of your property. You can calculate the amount payable using the HMRC website (link below) |
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 and 10 weeks. |
The precise stages involved in the purchase of a residential property vary according to the circumstances. However, some of the key stages involved may include : · Taking your instructions and giving you initial advice · Checking finances are in place to fund the purchase and contacting the 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 the seller’s solicitors · Advising you on all documents and information received · Going through the conditions of any mortgage offer with you · Sending the final contract to you, and meeting with you for signature · Drafting Transfer · Advising you on joint ownership · Agreeing a completion date (the date from which you will own the property) · Exchanging contracts and notifying you that this has happened · Arranging for all monies needed to be received from the lender and you · Completing the purchase · Paying Stamp Duty Land Tax · Applying for registration at Land Registry
|
| Type of Transaction | Average Base Fees | Average Disbursements | Average Time | Usual Stages |
| Standard Leasehold Purchase |
Range between £950.00 and £1,850.00 + VAT (£1,140.00 and £2,220.00 inclusive of VAT) depending on the value of the property. Where the value of the property exceeds £800,000, average base fees will increase by £100 + VAT (£120.00 inclusive of VAT) per additional £100,000 in value (or part thereof). Further fees may also apply in circumstances where additional factors are involved in the transaction (see “Additional Fees” tab above). We will always provide you with a detailed quote for you to accept prior to our commencing work or incurring any fees.
|
· Search Fees – approximately £125.00 + VAT (£150.00 inclusive of VAT) · HM Land Registry Search Fees – £10.00 · HM Land Registry Fee – this will depend upon the purchase price of your property. You can calculate the amount payable using the HMLR website (link below) · Chancel Repair Indemnity (where appropriate) – £10.00 + 12% IPT (£11.20 inclusive of IPT) · Stamp Duty Land Tax – this will depend upon the purchase price of your property. You can calculate the amount payable using the HMRC website (link below) · Notice of Transfer fee (chargeable if set out in the lease) This fee is typically between £75.00 and £150.00, often plus VAT (£90.00 and £180.00 inclusive of VAT) · Notice of Charge fee – (if the property is to be mortgaged). This fee is set out in the lease, and is typically between £75.00 and £150.00, often plus VAT (£90.00 and £180.00 inclusive of VAT) · Deed of Covenant Fee. This fee is provided by the management company for the property and can be difficulty to estimate. It is often around £150 + VAT (£180 inclusive of VAT) · Certificate of Compliance fee. This will be confirmed upon receipt of the lease, but is often around £150 |
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 8 and 12 weeks. |
The precise stages involved in the purchase of a residential property vary according to the circumstances. However, some of the key stages involved may include : · Taking your instructions and giving you initial advice · Checking finances are in place to fund the purchase and contacting the 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 the seller’s solicitors · Advising you on all documents and information received · Going through the conditions of any mortgage offer with you · Sending the final contract to you, and meeting with you for signature · Drafting Transfer · Advising you on joint ownership · Agreeing a completion date (the date from which you will own the property) · Exchanging contracts and notifying you that this has happened · Arranging for all monies needed to be received from the lender and you · Obtaining pre-completion searches · Completing the purchase · Paying Stamp Duty Land Tax · Applying for registration at Land Registry |
| Type of Transaction | Average Base Fees | Average Disbursements | Average Time | Usual Stages |
| Standard Freehold Sale |
Range between £650.00 and £1,450.00 + VAT (£780.00 and £1,740.00 inclusive of VAT) depending on the value of the property. Where the value of the property exceeds £800,000, average base fees will increase by £100 + VAT (£120.00 inclusive of VAT) per additional £100,000 in value (or part thereof). Further fees may also apply in circumstances where additional factors are involved in the transaction (see “Additional Fees” tab above). We will always provide you with a detailed quote for you to accept prior to our commencing work or incurring any fees.
|
– HM Land Registry documentation Fees – £10.00 | How long it will take from your offer being accepted, to the house being sold, will depend on a number of factors. The average process takes between 6 and 8 weeks. |
The precise stages involved in the sale of a residential property vary according to the circumstances. However, some of the key stages involved may include : · Taking your instructions and giving you initial advice · Obtaining a redemption figure from the lender · Drafting contract documents · Obtaining and reviewing documentation from you relating to the property · Responding to any enquires made by the buyer’s solicitor · Putting in place / reviewing any necessary insurance · Considering contract and transfer documentation · Sending the final contract to you, and meeting with you for signature · Agreeing the completion date (the date from which you will no longer own the property) · Exchanging contracts and notifying you that this has happened · Completing the sale · Paying your lender/ you the sale proceeds |
| Type of Transaction | Average Base Fees | Average Disbursements | Average Time | Usual Stages |
| Standard Leasehold Sale |
Range between £900.00 and £1,850.00 + VAT (£1,080.00 and £2,220 inclusive of VAT) depending on the value of the property. Where the value of the property exceeds £800,000, average base fees will increase by £100 + VAT (£120.00 inclusive of VAT) per additional £100,000 in value (or part thereof). Further fees may also apply in circumstances where additional factors are involved in the transaction (see “Additional Fees” tab above). We will always provide you with a detailed quote for you to accept prior to our commencing work or incurring any fees.
|
-HM Land Registry documentation Fees – £10.00 -Management Pack – approximately £300.00 + VAT (£360.00 inclusive of VAT) |
How long it will take from your offer being accepted, to the house being sold, will depend on a number of factors. The average process takes between 8 and 12 weeks. |
The precise stages involved in the sale of a residential property vary according to the circumstances. However, some of the key stages involved may include : · Taking your instructions and giving you initial advice · Obtaining a redemption figure from the lender · Drafting contract documents · Obtaining and reviewing documentation from you relating to the property · Responding to any enquires made by the buyer’s solicitor · Putting in place / reviewing any necessary insurance · Addressing Management Company/Managing Agent requirements · Considering contract and transfer documentation · Sending the final contract to you, and meeting with you for signature · Agreeing the completion date (the date from which you will no longer own the property) · Exchanging contracts and notifying you that this has happened · Completing the sale · Paying your lender/ you the sale proceeds |
| Type of Transaction | Average Base Fees | Average Disbursements | Average Time | Usual Stages |
| Standard Re-mortgage |
Range between £300.00 and £1,000.00 + VAT (£360.00 and £1,200.00 inclusive of VAT) depending on the value of the property.
|
-HM Land Registry documentation Fees – £10.00 | How long it will take will depend on a number of factors. The average process takes between 3 and 6 weeks |
The precise stages involved in the sale of a residential property vary according to the circumstances. However, some of the key stages involved may include : · Taking your instructions and giving you initial advice · Contacting the lender’s solicitors if appropriate · Carrying our searches · Obtaining further planning documentation if required · Giving you advice on all documents and information received · Going through the conditions of any mortgage offer with you · Advising you on joint ownership if appropriate · Arranging for all monies needed to be received from the lender and you if required |
|
|
Additional Fee (on top of applicable Base Fee)
|
VAT |
Total |
|
Leasehold property to which the Building Safety Act 2022 applies
|
£1,000.00 |
£200.00 |
£1,200.00 |
|
New build properties
|
£300.00 |
£60.00 |
£360.00 |
|
Shared ownership properties
|
£250.00 |
£50.00 |
£270.00 |
|
Help to Buy
|
£150.00 |
£30.00 |
£180.00 |
|
Help to Buy – Forces Scheme
|
£100.00 |
£20.00 |
£120.00 |
|
Help to Buy – ISA
|
£50.00 |
£10.00 |
£60.00 |
|
Lifetime ISA
|
£50.00 |
£10.00 |
£60.00 |
|
Company purchase (with mortgage)
|
£200.00 |
£40.00 |
£240.00 |
|
Company purchase (no mortgage)
|
£130.00 |
£26.00 |
£156.00 |
|
Property with unregistered title
|
£100.00 |
£20.00 |
£120.00 |
|
Subject tenant (single)
|
£100.00 |
£20.00 |
£120.00 |
|
Companies House insolvency
|
£7.16 |
£1.44 |
£8.60 |
|
Companies House registration
|
£22.00 |
£1.40 |
£23.40 |
|
Management company involvement (charged per management company)
|
£150.00 |
£30.00 |
£180.00 |
|
Solar panels on property
|
£ 200.00 |
£40.00 |
£240.00 |
|
Septic tank on property
|
£150.00 |
£30.00 |
£180.00 |
Freehold Purchase
Standard Freehold Purchase
Average Base Fees
Range between £700.00 and £1,400 + VAT (£840.00 and £1,680.00 inclusive of VAT) depending on the value of the property up to £800,000.
Where the value of the property exceeds £800,000, average base fees will increase by £100 + VAT (£120.00 inclusive of VAT) per additional £100,000 in value (or part thereof).
Further fees may also apply in circumstances where additional factors are involved in the transaction (see “Additional Fees” tab above). We will always provide you with a detailed quote for you to accept prior to our commencing work or incurring any fees.
Average Disbursements
- Search Fees – approximately £125.00 + VAT (£150.00 inclusive of VAT)
- HM Land Registry Search Fees – £10.00
- HM Land Registry Fee – this will depend upon the purchase price of your property. You can calculate the amount payable using the HMLR website (link below)
- Chancel Repair Indemnity (where appropriate) – £10.00 + 12% IPT (£11.20 inclusive of IPT)
- Stamp Duty Land Tax – this will depend upon the purchase price of your property. You can calculate the amount payable using the HMRC website (link below)
Average Time
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 and 10 weeks.
Usual Stages
The precise stages involved in the purchase of a residential property vary according to the circumstances. However, some of the key stages involved may include :
- Taking your instructions and giving you initial advice
- Checking finances are in place to fund the purchase and contacting the 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 the seller’s solicitors
- Advising you on all documents and information received
- Going through the conditions of any mortgage offer with you
- Sending the final contract to you, and meeting with you for signature
- Drafting Transfer
- Advising you on joint ownership
- Agreeing a completion date (the date from which you will own the property)
- Exchanging contracts and notifying you that this has happened
- Arranging for all monies needed to be received from the lender and you
- Completing the purchase
- Paying Stamp Duty Land Tax
- Applying for registration at Land Registry
Leasehold Purchase
Standard Leasehold Purchase
Average Base Fees
Range between £950.00 and £1,850.00 + VAT (£1,140.00 and £2,220.00 inclusive of VAT) depending on the value of the property.
Where the value of the property exceeds £800,000, average base fees will increase by £100 + VAT (£120.00 inclusive of VAT) per additional £100,000 in value (or part thereof).
Further fees may also apply in circumstances where additional factors are involved in the transaction (see “Additional Fees” tab above). We will always provide you with a detailed quote for you to accept prior to our commencing work or incurring any fees.
Average Disbursements
- Search Fees – approximately £125.00 + VAT (£150.00 inclusive of VAT)
- HM Land Registry Search Fees – £10.00
- HM Land Registry Fee – this will depend upon the purchase price of your property. You can calculate the amount payable using the HMLR website (link below)
- Chancel Repair Indemnity (where appropriate) – £10.00 + 12% IPT (£11.20 inclusive of IPT)
- Stamp Duty Land Tax – this will depend upon the purchase price of your property. You can calculate the amount payable using the HMRC website (link below)
- Notice of Transfer fee (chargeable if set out in the lease) This fee is typically between £75.00 and £150.00, often plus VAT (£90.00 and £180.00 inclusive of VAT)
- Notice of Charge fee – (if the property is to be mortgaged). This fee is set out in the lease, and is typically between £75.00 and £150.00, often plus VAT (£90.00 and £180.00 inclusive of VAT)
- Deed of Covenant Fee. This fee is provided by the management company for the property and can be difficulty to estimate. It is often around £150 + VAT (£180 inclusive of VAT)
- Certificate of Compliance fee. This will be confirmed upon receipt of the lease, but is often around £150
Average Time
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 8 and 12 weeks.
Usual Stages
The precise stages involved in the purchase of a residential property vary according to the circumstances. However, some of the key stages involved may include :
- Taking your instructions and giving you initial advice
- Checking finances are in place to fund the purchase and contacting the 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 the seller’s solicitors
- Advising you on all documents and information received
- Going through the conditions of any mortgage offer with you
- Sending the final contract to you, and meeting with you for signature
- Drafting Transfer
- Advising you on joint ownership
- Agreeing a completion date (the date from which you will own the property)
- Exchanging contracts and notifying you that this has happened
- Arranging for all monies needed to be received from the lender and you
- Obtaining pre-completion searches
- Completing the purchase
- Paying Stamp Duty Land Tax
- Applying for registration at Land Registry
Freehold Sale
Standard Freehold Sale
Average Base Fees
Range between £650.00 and £1,450.00 + VAT (£780.00 and £1,740.00 inclusive of VAT) depending on the value of the property.
Where the value of the property exceeds £800,000, average base fees will increase by £100 + VAT (£120.00 inclusive of VAT) per additional £100,000 in value (or part thereof).
Further fees may also apply in circumstances where additional factors are involved in the transaction (see “Additional Fees” tab above). We will always provide you with a detailed quote for you to accept prior to our commencing work or incurring any fees.
Average Disbursements
- HM Land Registry documentation Fees – £10.00
Average Time
How long it will take from your offer being accepted, to the house being sold, will depend on a number of factors. The average process takes between 6 and 8 weeks.
Usual Stages
The precise stages involved in the sale of a residential property vary according to the circumstances. However, some of the key stages involved may include :
- Taking your instructions and giving you initial advice
- Obtaining a redemption figure from the lender
- Drafting contract documents
- Obtaining and reviewing documentation from you relating to the property
- Responding to any enquires made by the buyer’s solicitor
- Putting in place / reviewing any necessary insurance
- Considering contract and transfer documentation
- Sending the final contract to you, and meeting with you for signature
- Agreeing the completion date (the date from which you will no longer own the property)
- Exchanging contracts and notifying you that this has happened
- Completing the sale
- Paying your lender/ you the sale proceeds
Leasehold Sale
Standard Leasehold Sale
Average Base Fees
Range between £900.00 and £1,850.00 + VAT (£1,080.00 and £2,220 inclusive of VAT) depending on the value of the property.
Where the value of the property exceeds £800,000, average base fees will increase by £100 + VAT (£120.00 inclusive of VAT) per additional £100,000 in value (or part thereof).
Further fees may also apply in circumstances where additional factors are involved in the transaction (see “Additional Fees” tab above). We will always provide you with a detailed quote for you to accept prior to our commencing work or incurring any fees.
Average Disbursements
- HM Land Registry documentation Fees – £10.00
- Management Pack – approximately £300.00 + VAT (£360.00 inclusive of VAT)
Average Time
How long it will take from your offer being accepted, to the house being sold, will depend on a number of factors. The average process takes between 8 and 12 weeks.
Usual Stages
The precise stages involved in the sale of a residential property vary according to the circumstances. However, some of the key stages involved may include :
- Taking your instructions and giving you initial advice
- Obtaining a redemption figure from the lender
- Drafting contract documents
- Obtaining and reviewing documentation from you relating to the property
- Responding to any enquires made by the buyer’s solicitor
- Putting in place / reviewing any necessary insurance
- Addressing Management Company/Managing Agent requirements
- Considering contract and transfer documentation
- Sending the final contract to you, and meeting with you for signature
- Agreeing the completion date (the date from which you will no longer own the property)
- Exchanging contracts and notifying you that this has happened
- Completing the sale
- Paying your lender/ you the sale proceeds
Re-mortgage
Standard Re-mortgage
Average Base Fees
Range between £300.00 and £1,000.00 + VAT (£360.00 and £1,200.00 inclusive of VAT) depending on the value of the property.
Average Disbursements
- HM Land Registry documentation Fees – £10.00
Average Time
How long it will take will depend on a number of factors. The average process takes between 3 and 6 weeks.
Usual Stages
The precise stages involved in the sale of a residential property vary according to the circumstances. However, some of the key stages involved may include :
- Taking your instructions and giving you initial advice
- Contacting the lender’s solicitors if appropriate
- Carrying our searches
- Obtaining further planning documentation if required
- Giving you advice on all documents and information received
- Going through the conditions of any mortgage offer with you
- Advising you on joint ownership if appropriate
- Arranging for all monies needed to be received from the lender and you if required
Get in Touch
Contact us by filling in the form here or click on an office below to find out more about our Solicitors near you.