Residential Conveyancing Pricing

Sale of a Residential Property

Below you will find various pieces of information about what you can expect to pay if you instruct us to act for you on the sale of your property and what factors might affect the price that you then pay. Our fees cover all the work required to complete the sale of your home. Should you choose to instruct us, a tailored estimate of price will be provided based on your particular circumstances and the transaction.

Freehold Sale Costs Amount
Our legal fees* Range from £950 to £1,500 (plus VAT)
Bank transfer fee (per TT) £30 (inc VAT)
Anticipated Expenses:
Land Registry documents (Register and Title Plan - £3 per document) £6.00

* for sale price up to £350,000. Transactions for a higher price will be quoted on a case by case basis.

Disbursements are costs relating 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.

Stages of the process

The precise stages involved in the sale of a residential property vary according to the circumstances. However, below is a list of the key stages of a typical property transaction:

  • Taking your instructions and provide you with initial advice
  • Obtain title details and documents (as necessary)
  • Obtain relevant paperwork from you such as a recent mortgage statement and arrange for you to complete protocol forms
  • Draft sale contract and submit this to the purchaser(s) legal representative along with relevant paperwork
  • Respond to enquiries raised by the purchaser(s) legal representative
  • Send to you contract for signature and transfer for execution (once both are finalised)
  • Discuss and agree a completion date
  • Exchange contracts and notify you accordingly
  • Complete the sale of the property
  • Redeem any mortgage on the property and pay any estate agents commission
  • Transfer to you the net proceeds of sale

How long will your sale take?

How long it will take from an offer being accepted until you can complete your sale will depend on a number of factors. The average process takes between 10 to 12 weeks.

It can be quicker or slower, depending on the parties in the chain. For example, if you are selling to a first time buyer with a mortgage in principle, it could take 8 to 10 weeks. However, if there is a long chain of sales/purchases then your sale could take longer.

Other factors which can affect the cost

There are situations which arise during the property transaction which could increase the cost of the service. If such costs arise we will tell you about them as soon as possible. For example:

  • If legal title is defective or part of the property is unregistered
  • If we discover building regulations or planning permission has not been obtained
  • You have more than one charge on the property
  • The property is a new build
  • The sale is part of matrimonial proceedings

What if the property is leasehold?

If the property is a leasehold property, then there is additional work involved and to reflect this an extra charge will be made. An additional fee of £150 plus VAT will be added to the transaction.

There will also be additional disbursements payable to the landlord and/or their managing agents to obtain relevant leasehold documentation from them for supply to the purchaser(s) legal representative. Other fees may also be payable such as:

  • Fees payable under the terms of the lease.

Such fees vary from property to property. We can give you accurate figures once we have sight of your specific documents.

An additional charge will also apply if the property requires an extension to the lease. This would create additional work. Please also bear in mind that such a transaction can also take significantly longer e.g. up to 12 months.

Purchase of a Residential Property

Below you will find various pieces of information about what you can expect to pay if you instruct us to act for you on the purchase of your property and what factors might affect the price that you then pay. Should you choose to instruct us, a tailored estimate of price will be provided based on your particular circumstances and the transaction.

Our fees cover all 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 any 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.

Freehold Purchase Costs Amount
Our legal fees* Range from £950 to £1,500 (plus VAT)
Bank transfer fee (per TT) £30 (inc VAT)
Anticipated Expenses:
Land Registry search costs (OS1) £3.00
Bankruptcy search costs (per name searched) £2.00
HM Land Registry fee Fee dependant on purchase price
Conveyancing searches (e.g. local searches, drainage and water etc) Fees vary depending on search and provider
Stamp Duty Land Tax Tax dependant on purchase price

* for purchase price up to £350,000. Transactions for a higher price will be quoted on a case by case basis.

Disbursements are costs relating 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.

Stamp Duty or Land Tax

You can calculate the amount you will need to pay by using the SDLT calculator on HMRC’s website (https://www.tax.service.gov.uk/calculate-stamp-duty-land-tax/#/intro)

or if the property is located in Wales by using the Land Tax calculator on the Welsh Revenue’s Authority website (https://beta.gov.wales/land-transaction-tax-calculator)

Stages of the process

The precise stages involved in the purchase of a residential property vary according to the circumstances. However, below is a list of the key stages of a typical property transaction:

  • Taking your instructions and provide you with initial advice
  • Check finances are in place to fund your purchase and contact the lender’s solicitors if needed
  • Receive and consider contract documents
  • Carry out searches
  • Obtain planning documentation if required
  • Make any necessary enquiries of seller’s legal representative
  • Give you advice on the documents and information received
  • Go through condition of your mortgage offer
  • Send final contract to you for signature
  • Draft transfer
  • Obtain pre-completion searches
  • Agree a completion date (the date from which you will legally own the property)
  • Exchange contracts and notify you that this has happened
  • Arrange for all monies needed to be received from your lender and you
  • Complete the purchase
  • Deal with the payment of Stamp Duty/Land Tax (as applicable)
  • Deal with the application for registration of the transfer at the Land Registry

How long will your 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 10 to 12 weeks.

It can be quicker or slower, depending on the parties in the chain. For example, if you are a first time buyer, with a mortgage in principle, it could take 8 to 10 weeks.

Other factors which can affect the cost

There are situations which arise during the property transaction which could increase the cost of the service. If such costs arise we will tell you about them as soon as possible. For example:

  • If legal title is defective or part of the property is unregistered
  • If we discover building regulations or planning permission has not been obtained
  • The property is a new build
  • You are buying the property to let
  • You are taking a mortgage from a non-high street lender
  • If the property is freehold but there are estate maintenance charges to pay
  • If you are buying in a company name
  • You are buying a share in a property jointly owned by a housing association (shared ownership)
  • You are using the Government’s Help to Buy equity loan scheme
  • You are using a Help to Buy ISA/Lifetime ISA bonus

What if the property is leasehold?

If the property is a leasehold property, then there is additional work involved and to reflect this an extra charge will be made. An additional fee of £150 plus VAT will be added to the transaction.

There will also be additional disbursements which will be set out in the individual lease relating to the property. These fees could include:

  • Notice of transfer and charge (where applicable). This fee may be set out in the lease.
  • Deed of Covenant. This fee is provided by the landlord or the management company for the property and can be difficult to estimate.
  • Certificate of Compliance. This will be advised on receipt of the lease.

The fees for these vary from property to property. We can give you accurate figures 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 we receive this information.

An additional charge will also apply if the property requires an extension to the lease. This would create additional work. Please also bear in mind that such a transaction can also take significantly longer e.g. up to 12 months.