(1) Sale of Property

Our Fees from: £475.00 + VAT (£95.00)

Telegraphic Transfer Fee: £30.00 + VAT (£6.00)

Disbursements (money paid to third parties on your behalf) – Office Copy Entries: £6.00 each

Average Timescale: 4 – 12 weeks, dependent upon individual/collective circumstances

Approximate total cost for sale of property: from £612 (VAT inclusive)

(2) Purchase of Property

Our Fees from: £475.00 + VAT (£95.00)

Telegraphic Transfer Fee: £30.00 + VAT (£6.00)

Disbursements (monies paid to third parties on your behalf)

Search Package: £150.00 (to include Local Authority, Water & Drainage and Coal Mining)

Land Registry Searches: £6.00

Bankruptcy Searches: £2.00 (per person)

HM Land Registration Fee: £ (this depends on the price of the property and whether the property is subject to first registration). The link below to the Land Registry confirms these fees:
http://landregistry.data.gov.uk/fees-calculator.html

Stamp Duty / Land Tax: This varies depending on the price of the property and whether you own more than one property.You can calculate the amount you will need to pay by using HMRC’s website (https://www.gov.uk/stamp-duty-land-tax)) or if the property is located in Wales by using the Welsh Revenue Authority’s website (https://beta.gov.wales/land-transaction-tax-calculator)

(3) Remortgage/Transfer of Equity

Our Fees from: £350.00 + (£70.00)

Telegraphic Transfer Fee: £30 + VAT (£6.00)

Disbursements (money paid to third parties on your behalf) – Office Copy Entries: £6.00

Search Package: approximately £150 (if required by lender)

Land Registration Fee (please see above guidance)

Average Timescale: 4 – 8 weeks

Approximate total cost for remortgage/transfer of equity: from £462.00 (vat inclusive) + disbursements

Please contact us for more information or to make an enquiry ›

Your transaction will be handled by one of the following members of our Team:

  • Steven Reed, Solicitor and Director, 22 years post qualification experience
  • Lesley Pearce, Solicitor and Director, 34 years pre and post qualification experience
  • Luke Williams, Solicitor and Director, 3 years post qualification experience
  • Kirsty Gruar, Solicitor, qualified 5 years, also having experience with conveyancing matters

How long will my house purchase take?

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 6-12 weeks.

Factors vary depending on the parties in the chain. For example, if you are a first time buyer, purchasing a new build property which is ready to move into, with a mortgage in principle, it could take as little as 4 weeks. However, if you are for example, buying a leasehold property requiring an extension of the lease, the procedure may be significantly longer and can take between 3 and 6 months. In such circumstances additional charges would apply.

Stages of the process of a purchase

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 take into consideration:

  • Taking your initial instructions and providing you with initial advice
  • Liaising with your mortgage lender (if instructed) and/or broker to ensure finances are in place to fund your purchase
  • Receiving and advising you with regard to contract documents
  • Carrying out searches
  • Obtaining further planning documentation if required
  • Raising any necessary enquiries of seller’s solicitor
  • Providing you with advice on all documents and information received
  • Discussing where applicable the conditions of mortgage offer with you
  • Advising you as to joint ownership if there is more than one person buying
  • Meeting and liaising with you to sign the final Contract documents
  • Agreeing the Completion date (ie. the date from which you own the property)
  • Exchanging contracts (which makes the transaction legally binding) and notifying you when this has happened
  • Discussing any applicable Buildings Insurance
  • Arranging for all monies needed to be received via the lender and yourself
  • Completing your purchase
  • Dealing with the payment of Stamp Duty/Land Tax
  • Dealing with any necessary application for registration at Land Registry