Sale of a freehold residential property
Our fees cover all of the work required to complete the sale of your property.
Conveyancer’s fees and disbursements
Our costs in connection with Your Proposed Freehold Sale: £750.00 (For a sale price up to £750,000)
VAT on the above £150.00
Disbursements:
Office Copy Entries £9.00 (additional copy documents may be required at £3 each)
Indemnity Policy (if required) TBA
Bank Telegraphic Transfer fee £18.00
Estimated total
£927 incl. VAT and disbursements
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.
In some cases other documents may be required to be produced such as planning documents, indemnity policies, copy NHBC and other certificates for which a fee is payable. Details of these charges will be discussed with you as and when they apply.
Some properties that are freehold may involve the payment of service charges for common areas and a Management Pack may be required. There is no standard fee for this but in our experience fees range from £0 – £500 plus VAT
Purchase of freehold residential property
Our fees cover all of the work required to complete the purchase of your new home, 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.
Conveyancer’s fees and disbursements
Our legal fees in connection with Your Proposed Freehold Purchase: £800.00 (For a purchase price up to £750,000)
VAT on the above £160.00
Total £960.00
If required:
Our legal fees in connection with a Deed of Gift £150.00
VAT on the above £30.00
Total £180.00
Disbursements in relation to the Deed of Gift
Indemnity Policy (required by your lender) TBC
Bankruptcy Search (per person) £2.00
If required - if the property is to be held as tenants in common in unequal shares:
Our legal fees in connection with a Trust Deed £150.00
When do I pay Stamp Duty?
You must pay Stamp Duty Land Tax (SDLT) if you buy a property or land over a certain price in England and Northern Ireland.
The tax is different if the property or land is in:
- Scotland - pay Land and Buildings Transaction Tax
- Wales - pay Land Transaction Tax if the sale was completed on or after 1 April 2018
You pay the tax when you:
- Buy a freehold property
- Buy a new or existing leasehold
- Are transferred land or property in exchange for payment, for example you take on a mortgage or buy a share in a house
Here is the stamp duty calculator link :- Stamp Duty Land Tax Calculator if you wish to calculate the stamp duty payable for your transaction. If you Request a Quote from us we will calculate this for you.
What are Land Registry fees for?
The HM Land Registry charges a mandatory registration fee to register a change of ownership, with the fee applied on a sliding scale depending on the price of the transaction or level of the mortgage.
Here is the Land Registry Calculator link. If you wish to calculate the Land Registry fee payable for your transaction. If you Request a Quote from us we will calculate this for you.
