Residential Conveyancing

Purchase of a Freehold Residential Property

Cost Information

Type of CostCostVAT*
Legal Fees
We anticipate it will take between 5 and 7 hours work with hourly rates between £185 – £315 per hour depending on the legal expert used
Between £925 – £2,205Yes
Disbursements
Local Search Fees
Please refer to the relevant local authorities website.Yes
Water & Drainage Search FeesPlease refer to the relevant local authorities website.Yes
Environmental Search FeesPlease refer to the relevant local authorities website.Yes
Clay/Tin/Coal Mining SearchPlease refer to the relevant local authorities website.Yes
Commons Registration SearchesPlease refer to the relevant local authorities website.Yes
LawyerCheck Search Fee£10.00Yes
Chancel Search Fees£15.79Yes
Land Charges Searches  (bankruptcy)£2.00 per nameYes
Land Charges Searches£3.00Yes
Other Disbursements
Electronic ID fee (per person)
£10.00Yes
Electronic Transfer Fee (TT)£50.00Yes
HM Land Registry
Fee varies depending on value of house. See following link for an estimate of cost. View here
VariableNo
Stamp Duty Land Tax
This depends on the purchase price of your property. You can calculate the amount you will need to pay by using HMRC’s website or if the property is located in Wales by using the Welsh Revenue Authority’s website. Please see the following link: View here
VariableNo
Lender Portal Administration Fee£75.00Yes
Estimated Legal Fees Total CostBetween £925 – £2,205Yes
Estimated Disbursements and Stamp Duty Total CostVaries depending on value of property 
Estimated Overall Cost£925 – £2,205 + Disbursements + Stamp DutyYes

*VAT is charged at 20% on Services and Disbursements.


 Service Information

Key Stages of ProcessTime Spent on Each Stage
1. Take your instructions and give you initial advice.30-60 mins
2. Check finances are in place to fund purchase and contact lender’s solicitors if needed.20-30 mins
3. Receive and advise on contract documents.30-45 mins
4. Carry out searches.20 mins
5. Obtain further planning documentation if required.30-60 mins
6. Make any necessary enquiries of sellers solicitors.30-60 mins
7. Give you advise on all documents and information received.30-60 mins
8. Go through conditions of mortgage offer with you.30-45 mins
9. Send final contract to you for signature.20 mins
10. Draft Transfer.20 mins
11. Advise you on joint ownership.30-60 mins
12. Obtain pre-completion searches.10 mins
13. Agree completion date (date from which you own the property).10-60 mins
14. Exchange contracts and notify you that this has happened.30 – 90 mins
15. Arrange for all monies needed to be received from lender and you.30 – 60 mins
16. Complete Purchase.20 – 60 mins
17. Deal with with Stamp Duty/Land Tax.30 mins
18. Deal with application for registration at Land Registry.20 mins

Any services not included in the price that we might reasonably be expected to pay forEstimated CostVAT*
If you are acting using a Power of Attorney£150Yes
If we need to prepare a general Power of Attorney£150Yes
If you need a simultaneous exchange and completion£150Yes
Approving or arranging an indemnity insurance policy (per policy)£60Yes
Dealing with an unregistered title£250Yes
Dealing with a second lender£145Yes
Preparation of a simple Deed of Trust Joint Ownership form for Land Registry£100Yes
Preparation of a short Deed of Trust for joint ownership£300Yes
Preparation of a detailed Deed of Trust for joint ownership£500 – £750Yes
Where funds are coming from a third party by gift or loan£175Yes
Preparation of a Deed of Covenant£100Yes
Transfer of Legal Aid charge or other current loan£195Yes
Buy to Let (where an existing tenant) or the property is an HMO£150Yes
Preparation of a statutory declaration where the title is defective£125Yes
Negotiating for access before completion and arranging necessary undertakings£100Yes
Preparation of a Deed of Easement£200Yes
Where your lender has separate solicitors£500Yes
Help to Buy£350Yes
Help to Buy ISA£50Yes
Dealing with retention of funds£200Yes
Advice, negotiation and drafting of lockout agreementsHourly rateYes
New build purchase£200 – £350Yes
Shared Ownership Fee£425Yes

*VAT is charged at 20% on Services and Disbursements.

Legal Terminology and Definitions
Disbursements – Costs related to your matter that are payable to third parties, such as the council fee. We handle the payment of the disbursements on your behalf to ensure a smoother process.

Pay Online

To make the process as easy as possible you can pay Law Bills up to a maximum of £5000.00 online by credit or debit card using your Matter Number and Law Bill Number. These details can be found on the Law Bill issued to you. Please ensure that you pay the correct amount as shown under the Total Due amount on your Law Bill.

For assistance with your online payment, please consult our handy guide.

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