Conveyancing sale fees

Sale of a Freehold or Leasehold Residential Property

Our fees cover all of the work required to complete the sale of your home, including dealing with enquiries and redeeming any charge on your property, if necessary, out of the sale proceeds.

Our fees are calculated based on the value of the property you wish to sell.  However, please note that the fee stated below assumes that it is a standard transaction and that no unforeseen matters arise including for example (but not limited to) a defect in title which requires remedying prior to completion or the preparation of additional documents ancillary to the main transaction. We work on the basis of fixed fees for our conveyancing fees.

Our standard fees could increase if the transaction involves any of the above factors.  

Conveyancing fees

For Freehold Property:

Property Price	Our Fees	VAT	Total
Under £200,000	£1,200	£240	£1,440
£200,001 – £300,000	£1,400	£280	£1,680
£300,001 – £400,000	£1,600	£320	£1,920
£400,001 – £600,000	£1,800	£360	£2,160
£600,001 – £800,000	£2,000	£400	£2,400
£800,001 – £1m	£2,300	£460	£2,760
£1million+	between £2,500 – £3,000	£500 – £600	£3,000 – £3,600

Electronic money transfer fee £20 plus VAT

For Leasehold Property:

Property Price	Our Fees	VAT	Total
Under £200,000	£1,350	£270	£1,620
£200,001 – £300,000	£1,550	£310	£1,860
£300,001 – £400,000	£1,750	£350	£2,100
£400,001 – £600,000	£1,950	£390	£2,340
£600,001 – £800,000	£2,150	£430	£2,580
£800,001 – £1m	£2,450	£490	£2,940
£1million+	between £2,650 – £3,150	£530 – £630	£3,180 – £3,780
Transfer of Property (no mortgage)	£400	£80	£480
Transfer of Property (with mortgage)	£500	£100	£600

Electronic money transfer fee £20 plus VAT

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.

Typical Disbursements

Description	Cost	VAT	Total
Office Copy Entries	£8.50	£1.70	£10.20
Bank Transfer Fee	£20.00	£4.00	£24.00
ID & AML Search (per person)	£20.00	£4.00	£24.00

These fees may be subject to change. Additional disbursements may be required dependent upon the circumstances of your transaction. 

How long will my house sale take?

How long it will take from accepting until completion of the sale of your house will depend on a number of factors.  The average process takes between 8 to 12 weeks.

If any of the following factors apply, or there are other factors that we need to take into account, then it may increase the time by a further 4-6 weeks. 

• The number of parties in the chain
• Whether your purchaser has an offer of a mortgage in place

Stages of the process

The precise stages involved in the purchase of a residential property vary according to the circumstances.  However, below are some key stages:

• Take your instructions and give you initial advice
• Prepare and forward contract documents to the buyers solicitors
• Assist in any enquiries raised by the buyer’s solicitors
• Give you advice on all documents and information received
• Send final contract to you for signature
• Agree completion date (date that you sell the property)
• Exchange contracts and notify you that this has happened
• Ascertain the extent of monies required to redeem any mortgage and pay estate agents
• Complete sale
• Redeem mortgage, if necessary, and pay and agent fees
• Account to you for the net proceeds of sale

Further things to note

All the fees above may be subject to change.

VAT has been added to the above fees at the applicable rate, which is currently 20%.

Where VAT is payable upon disbursements, a similar rate will apply.

These fees may be subject to change

We do not undertake tax advice.

Our fees assumes:

1. this is a standard transaction and that no unforeseen matters arise including for example (but not limited to) a defect in title which requires remedying prior to completion or the preparation of additional documents ancillary to the main transaction
2. in leasehold sales that this is the assignment of an existing lease and is not the grant of a new lease
3. the transaction is concluded in a timely manner and no unforeseen complication arise
4. all parties to the transaction are co-operative and there is no unreasonable delay from third parties providing documentation

We would encourage any prospective client to contact us to discuss your individual needs and requirements. You can contact us here or telephone 01938 552727.