Due to the wide variety of circumstances surrounding property transaction we would prefer to discuss your specific circumstances and transaction so please telephone us on 0208 363 8341. When you contact us we will provide you with a written estimate of fees specific to your transaction with no hidden charges.
One person will be allocated to your matter from the outset and you will have a single point of reference throughout the transaction.
We are accredited members of the Law Society Conveyancing Quality Scheme (CQS) and carry out our work to the highest standards.
Purchase of residential freehold property
Legal fees for acting on your behalf £795.00 - £2,500 plus VAT
Legal Fees for acting on behalf of the mortgage or Lender £200.00 to £500.00 plus VAT
VAT payable on our costs for purchase with a mortgage £199.00 to £700,00.00
Estimated total fees including VAT for a purchase with a mortgage £1,194.00 to £4,200.00
Disbursements are expenses we have to pay relating to third parties relating to the transaction. We do not receive any commission on any of these items. They are items such as:-
Local Authority, Water, Environmental Search Fees £300.00
Chancel Indemnity Premium £20.00
Land Registry Search Fees £3.00
Bankruptcy Search Fees (per Name) £2.00
Bank Transfer Charges (per transaction) £12.00 plus VAT of £2.40
We do not make any separate charges for client identification checks, professional indemnity insurance or postage
Stamp Duty Land Tax
In addition, Stamp Duty Land Tax is sometimes payable. This depends on whether you are first time buyers, have an interest in any other property worldwide, the purchase price of the property and whether you are replacing your main residence with the purchase.
You can calculate the amount you need to pay by visiting the following link https://www.tax.service.gov.uk/calculate-stamp-duty-land-tax/#/intro
Land Registry fees are also payable to register your as the new owner of the property and details of any mortgage you may have. These fees are based on the purchase price of the property and the amount of the mortgage if any you are obtaining. These fees can be calculated by visiting the Land Registry website at the following link http://landregistry.data.gov.uk/fees-calculator.html .
We have technology to enable us to submit applications to the Land Registry electronically so the lower of the two fees shown on the website is generally payable except where the property is being registered for the first time separately.