Island knowledge, national expertise
Residential Conveyancing Pricing
Our prices cover all of the work required to complete your sale and/or purchase, 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.
Sale or Purchase - Freehold Properties
- Property Value £0-£250,000: From £695 plus VAT
- Property Value £250,001- £350,000:From £795 plus VAT
- Property Value £350,001- £500,000: From £895 plus VAT
- Property Value £500,001 and over: Contact Us
Sale or Purchase - Leasehold Properties
- Property Value £0-£250,000: From £795 plus VAT
- Property Value £250,001- £350,000: From £895 plus VAT
- Property Value £350,001- £500,000: From £995 plus VAT
- Property Value £500,001 and over: Contact Us
- Electronic Identification (per person): from £5 plus VAT
- Search Pack for a Purchase: from £145 plus VAT
- Electronic Funds Transfer fee (per transfer): £40 plus VAT
Items that could increase our prices:
Prices are subject to our discretion and may increase depending on the factors of each individual transaction such as:
- If legal title is defective or part of the property is unregistered
- If building regulations or planning permission has not been obtained
- If crucial documents you have previously requested from the client have not been provided
- If the property is shared ownership
- If the property is shared equity
- If we are required to deal with multiple lenders
- If it is a company purchase
- If you are buying with a Help to Buy ISA
- If there is a requirement for a lease extension
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.
- Bankruptcy Search (per person): £2
- Land registry search: £3
- Official Copy Documents for a Sale: £6-£24 on average
- Land Registry Fee: Please visit the Land Registry website
- Stamp Duty Land Tax: Please visit the HMRC website or if the property is located in Wales please visit the Welsh Revenue Authority.
Additional disbursements - Leasehold Properties
- Notice of Transfer fee – This fee if chargeable is set out in the lease. Often the fee is between £25- £200 per notice.*
- Notice of Charge fee (if the property is to be mortgaged) – This fee is set out in the lease. Often the fee is between £25- £200 per notice.*
- Deed of Covenant fee – This fee is provided by the management company for the property and can be difficult to estimate. Often it is between £25- £200*
- Certificate of Compliance fee - To be confirmed upon receipt of the lease, as can range between £25- £200*
*These prices vary from property to property and can on occasion be significantly more than the ranges given above. We can give you an accurate figure once we have sight of your specific documents.
You should also be aware that 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.
How long will a 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 6-8 weeks.
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 6 weeks. However, if you are buying a leasehold property that requires an extension of the lease, this can take significantly longer, between 3 and 5 months. In such, a situation additional charges would apply.
Stages of the purchase process
The precise stages involved in the purchase of a residential property vary according to the circumstances. However, below we have set out some of the key milestones:
- Take your instructions and give you initial advice
- Check finances are in place to fund purchase and contact lender's solicitors if needed
- Receive and advise on contract documents
- Carry out searches
- Obtain further planning documentation if required
- Make any necessary enquiries of seller's solicitor
- Give you advice on all documents and information received
- Go through conditions of mortgage offer with you
- Send final contract to you for signature
- Agree completion date (date from which you own the property)
- Exchange contracts and notify you that this has happened
- Arrange for all monies needed to be received from lender and you
- Complete purchase
- Deal with payment of Stamp Duty/Land Tax
- Deal with application for registration at Land Registry
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