We take the stress out of buying or selling your property. Essentially, we project manage the entire transaction from beginning to end. That means you have our team of CQS accredited property experts and legal minds working for you.
We keep you fully informed at all times in plain language and ensure there are no last-minute surprises.
We have built a solid reputation based on tailored services that are totally focused on achieving our clients’ objectives.
1. Investigating title, reviewing property information forms and supporting documents provided by the Seller or Seller’s Solicitors.
2. Undertaking appropriate searches, including local water and environmental searches
3. Negotiating and agreeing the Contract and Transfer Deed with Solicitors.
4. Acting for your mortgage Lender and complying with their requirements.
5. Reporting to you on title Contract searches and replies to inquiries.
6. Dealing with enquiries and requisitions.
7. Exchanging Contracts.
8. Dealing with pre-completion searches and requisitions and arranging for execution of completion documents.
If purchasing:
9. Filing Stamp Duty Land Tax (SDLT) Return online on your behalf and paying the SDLT due on the transaction.
10. Registering your ownership of the property at the Land Registry.
11. Sending to you or your mortgage Lender the title deeds.
It is important for you to appreciate that the costs information provided is based on a number of key asssumptions, including those we set out below. If any of key assumptions are incorrect or change over time, we will provide you with revised costs estimate.
1. The title of the property is registered at the Land Registry free of defect under a single title and is not unregistered.
2. There will be a single contract and a single transfer in relation to the title.
3. The title is registered in the name of the seller named in the contract.
4. The purchase will be on the basis of an unconditional contract. This means that there are no conditions that need to be satisfied before completion such as certain works or the grant of a planning permission for example.
5. The parties work to the timescales agreed.
6. You will provide us with all necessary documents.
7. Funding for completion is arranged.
8. There will be only one mortgage on the property and this will complete at the same time as your purchase and will are instructed to act for the Mortgagee.
9. No consents are required for the purchase.
10. You are making your own arrangements for any appropriate survey of the property and you are happy with the physical condition of the property.
11. Completion takes place on the date agreed in the contract.
The following will also make the transaction more complex and increase our charges.
1. If you require completion within 7 days of exchange.
2. Dealing with the Lender’s requirements if the transaction is partly funded from gifts.
3. If the Lender instructs separate solicitors
4. In leasehold cases, the purchase or sale of a share of the freehold.
5. Transactions involving new build or recently built properties.
6. Problems arising from missing deeds or documents or from the title requiring additional documentation or indemnity insurance rectification or amendment to the title.
7. If the property is leasehold, variation or extension of the Lease or any consent to the assignment of the lease or preparing/reviewing any deed of covenant.
8. If you are using Help to Buy schemes
9. Acting for a Company as Buyer or Seller.
To help avoid any misunderstanding, we bring to your attention the fact that our charges do not include dealing with any of the following:-
1. Advice on SDLT planning, IHT, CGT, ATED or other tax issues.
2. Valuation or property agency advice.
3. Advice on the condition of the property or problems arising from survey.
4. Advice on environmental issues.
5. If the property is leasehold, variation or extension of the lease or any consent to the assignment of the lease or preparing/reviewing any deed of covenant.
6. Negotiating or re-negotiating heads of term or the deal generally.
7. Disputes arising on or after completion.
8. The suitability of your mortgage or any other financial arrangements. We will not review or advise upon any financial arrangements, financial documents or financial covenants.
To help avoid any misunderstanding, we bring to your attention the fact that our charges do not include dealing with any of the following:-
1. Advice on SDLT planning, IHT, CGT, ATED or other tax issues.
2. Valuation or property agency advice.
3. Advice on the condition of the property or problems arising from survey.
4. Advice on environmental issues.
5. If the property is leasehold, variation or extension of the lease or any consent to the assignment of the lease or preparing/reviewing any deed of covenant.
6. Negotiating or re-negotiating heads of term or the deal generally.
7. Disputes arising on or after completion.
8. The suitability of your mortgage or any other financial arrangements. We will not review or advise upon any financial arrangements, financial documents or financial covenants.
Estimated Fee Quotation for a Freehold Sale/Purchase Transaction
| Price | Sale | Purchase |
|---|---|---|
| Up to £500,000.00 | £1500.00 plus VAT | £1750.00 plus VAT |
| £500,000.00 to £750,000.00 | £1750.00 plus VAT | £1950.00 plus VAT |
| £750,000.00 to £1m | £1950.00 plus VAT | £2250.00 plus VAT |
| £1m to £1.5m | £2250.00 plus VAT | £2595.00 plus VAT |
| £1.5m to £2m | £2500.00 plus VAT | £2700.00 plus VAT |
| £2m + | From £2995.00 plus VAT | From £3500.00 plus VAT |
Additional Professional Fees
| CHAPS Fee | £40.00 plus VAT per transfer |
| Anti-Money Laundering Check | £35.00 plus VAT per search |
| Stamp Duty Land Tax Return (purchase only) | £55.00 plus VAT |
| Acting for any lender fee from | £295.00 plus VAT |
Purchase of a Freehold Property Disbursements
Local Authority Search (estimated) £400.00
Environmental Search (estimated) £75.00
Drainage & Water Search (estimated) £80.00
Stamp Duty Land Tax (for properties in England) / Land Transaction Tax (for properties in Wales) – To be confirmed on receiving your instructions
– The current rates for Stamp Duty Land Tax for properties in England at are set out here – Stamp Duty Land Tax: Residential property rates – GOV.UK (www.gov.uk)
– The current rates for Land Transaction Tax for properties in Wales at are set out here Land Transaction Tax rates and bands | GOV.WALES
Land Registration Fee – To be confirmed on receiving your instructions –
- The current bands are set out here on transfers for value – HM Land Registry: Registration Services fees – GOV.UK (www.gov.uk)
Land Registry Priority Search – £7
Bankruptcy Search (per person) – £7
Sale of a Freehold Property Disbursements
Land Registry Official Copy of Register of Title – £7
Land Registry Official Title Plan – £7
Land Registry Documents of Title – £7
Estimated Fee Quotation for a Leasehold Sale/Purchase Transaction
| Price | Sale | Purchase |
|---|---|---|
| Up to £500,000.00 | £1895.00 plus VAT | £2145.00 plus VAT |
| £500,000.00 to £750,000.00 | £2145.00 plus VAT | £2345.00 plus VAT |
| £750,000.00 to £1m | £2345.00 plus VAT | £2445.00 plus VAT |
| £1m to £1.5m | £6845.00 plus VAT | £2845.00 plus VAT |
| £1.5m to £2m | £2895.00 plus VAT | £3145.00 plus VAT |
| £2m + | From £3345.00 plus VAT | From £3600.00 plus VAT |
Additional Professional Fees
| CHAPS Fee | £40.00 plus VAT per transfer |
| Anti-Money Laundering Check | £35.00 plus VAT per search |
| Stamp Duty Land Tax Return (purchase only) | £55.00 plus VAT |
| Acting for any lender fee from | £295.00 plus VAT |
Purchase of a Leasehold Property Disbursements
Local Authority Search (estimated) £400.00
Environmental Search (estimated) £75.00
Drainage & Water Search (estimated) £80.00
Stamp Duty Land Tax (for properties in England) / Land Transaction Tax (for properties in Wales) – To be confirmed on receiving your instructions
– The current rates for Stamp Duty Land Tax for properties in England at are set out here – Stamp Duty Land Tax: Residential property rates – GOV.UK (www.gov.uk)
– The current rates for Land Transaction Tax for properties in Wales at are set out here Land Transaction Tax rates and bands | GOV.WALES
Land Registration Fee – To be confirmed on receiving your instructions –
- The current bands are set out here on transfers for value – [http://HM%20Land%20Registry:%20Registration%20Services%20fees%20-%20GOV.UK%20(www.gov.uk)]HM Land Registry: Registration Services fees – GOV.UK (www.gov.uk)
Land Registry Priority Search – £7
Bankruptcy Search (per person) – £7
Fees payable under the terms of the Lease – To be confirmed during the transaction when we have received in the title documents.
Sale of a Leasehold Property Disbursements
Land Registry Official Copy of Register of Title – £7
Land Registry Official Title Plan – £7
Land Registry Documents of Title – £7
Land Registry Official copy Lease – £7
Replies from the Managing agents, Management Company or Freeholder to Management Enquiries – To be confirmed when we have received confirmation of the charges from Managing agents, Management Company or Freeholder.
Estimated Fee Quotation for a Re-mortgage Transaction
| Loan Amount | Fee |
|---|---|
| 0 – £500,000.00 | £695.00 plus VAT* |
| £500,000.00 + | £795.00 to £2000 plus VAT* |
| *If leasehold property, supplemental fee of £195.00 plus VAT will apply |
Additional Professional Fees
| Bank Transfer Fee | £35.00 plus VAT per transfer |
| Anti-Money Laundering Check | £20.00 plus VAT per search |
| Stamp Duty Land Tax Return (purchase only) | £55.00 plus VAT |
Disbursements
As part of the conveyancing process, fees are payable to third parties in relation to Conveyancing Searches, obtaining Land Registry Documents, Land Registry Application Fees, and Stamp Duty Land Tax.
The cost of each disbursement will differ from transaction-to-transaction, but please see the following links for further information: –
http://landregistry.data.gov.uk/fees-calculator.html
https://www.tax.service.gov.uk/calculate-stamp-duty-land-tax/#/intro
**Please note that the fees listed above are intended as guide only. Please contact us and we will be happy to discuss your specific transaction, needs and requirements, and provide you with a fully bespoke quotation**
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