Residential Conveyancing Pricing

These prices are to be used as guide lines if we were to take on the work. Unfortunately we are unable to take instructions in this area of law at the moment.

We understand that buying or selling a property is one of the most significant transactions you will undertake, and we are committed to providing transparent, competitive pricing with no hidden fees.

Our Conveyancing Services

We offer a comprehensive range of residential conveyancing services, including:

• Buying and selling freehold and leasehold properties
• Remortgaging
• Transfer of equity
• Lease extensions
• New build purchases

Pricing Transparency

In accordance with the Solicitors Regulation Authority (SRA) transparency rules, we provide clear and straightforward pricing for all our conveyancing services. Below is a breakdown of our fees and the potential costs you might incur during the conveyancing process.

Fixed Fee Structure

Our fees for residential conveyancing are fixed, meaning you know exactly what you'll pay from the outset. The fees are based on the value of the property and the complexity of the transaction.

Sale/Purchase of a Freehold Property	Price
Property value up to £300,000	£900 + (VAT at 20%) £180 = £1,080
Property value £300,001 - £500,000	£1,100 + (VAT at 20%) £220 = £1,320
Property value £500,001 - £1,000,000	£1,300 + (VAT at 20%) £260 = £1,560
Property value above £1,000,000	Please contact us for a bespoke quote.

Sale/Purchase of a Leasehold Property	Price
Property value up to £300,000	£1,100 + (VAT at 20%) £220 = £1,320
Property value £300,001 - £500,000	£1,300 + (VAT at 20%) £260 = £1,560
Property value £500,001 - £1,000,000	£1,500 + (VAT at 20%) £300 = £1,800
Property value above £1,000,000	Please contact us for a bespoke quote.

Additional Fees

Certain transactions may require additional work that incurs further costs. These are typically foreseeable and will be discussed with you upfront. Additional fees may include:

• Leasehold Supplements: £250 + (VAT at 20%) £50 = £300
• Help to Buy Scheme: £200 + (VAT at 20%) £40 = £240
• New Build Supplements: £250 + (VAT at 20%) £50 = £300
• Acting for Mortgage Lender: £100 + (VAT at 20%) £20 = £120

Disbursements

Disbursements are costs related to your matter that are payable to third parties, such as:

• Search Fees: £250 - £300
• Land Registry Fees: £20 - £910 (depending on the property value)
• Stamp Duty Land Tax: This varies based on the property price and your individual circumstances. You can use the HMRC Stamp Duty Calculator to determine the amount payable.
• Bank Transfer Fee: £30 + (VAT at 20%) £6 = £36
• Electronic ID Verification: £20 + (VAT at 20%) £4 = £24 per person

Services Included

Our conveyancing fees include the following services:

• Initial consultation and advice
• Drafting and reviewing contracts
• Conducting necessary property searches
• Liaising with mortgage lenders
• Exchanging contracts and completing the transaction
• Post-completion work, including Stamp Duty Land Tax submission and Land Registry registration

Example of a Typical Transaction

For a freehold property purchase valued at £350,000, you might expect the following costs:

• Legal Fee: £1,100 + (VAT at 20%) £220 = £1,320
• Search Fees: £275
• Land Registry Fee: £135
• Stamp Duty Land Tax: Varies (e.g., £7,500 for a standard buyer)
• Bank Transfer Fee: £30 + (VAT at 20%) £6 = £36
• Electronic ID Verification: £20 + (VAT at 20%) £4 = £24 per person (e.g., £48 for two people)

Total Estimated Cost: £9,314 (including £7,500 Stamp Duty)

Key Stages and Timescales

The conveyancing process involves several key stages, each with its own timescale. Below is a general outline of the typical stages and expected durations:

Instruction and Initial Documentation (1-2 weeks)

• Initial consultation and instruction.
• Provision and review of initial documentation.
• Client ID verification and anti-money laundering checks.

Pre-Contract Stage (2-4 weeks)

• Property searches (local authority, environmental, water, and drainage).
• Review and negotiation of the draft contract.
• Obtaining a mortgage offer, if applicable.

Exchange of Contracts (1 week)

• Final contract review and signing.
• Agreement on completion date.
• Exchange of contracts and payment of the deposit.

Completion (2-4 weeks)

• Final checks and mortgage funds request.
• Transfer of remaining funds.
• Completion of sale/purchase and handover of keys.

Post-Completion (2-3 weeks)

• Submission of Stamp Duty Land Tax return and payment.
• Registration of the property at the Land Registry.
• Distribution of final documents to all parties.

Experience & Qualifications

Our conveyancing team is comprised of highly experienced and qualified solicitors who are experts in property law. Here are some highlights of our team's experience and qualifications:

• Years of Experience: Years of Experience: Rosalie Houghton, our lead solicitor who has been practising since 2002 oversees our conveyancing section.
• Training: Our solicitors undergo continuous professional development to stay updated with the latest legal developments and best practices in conveyancing.
• Client Satisfaction: We have a proven track record of client satisfaction, with clients who trust us with their property transactions.

How to Get a Quote

For an accurate and tailored quote, please contact our team and we will gather some initial details about your transaction to provide a precise estimate of the costs involved.

No Hidden Fees Guarantee

We pride ourselves on our transparency. The price we quote is the price you pay, barring any significant changes to your instructions or unforeseen complications. Should any such situations arise, we will inform you immediately and discuss any potential additional costs.

Why Choose Us?

• Experienced Team: Our solicitors have extensive experience in all aspects of residential conveyancing.
• Personalised Service: We provide a dedicated solicitor to handle your case from start to finish.
• Communication: We keep you informed at every stage of the process, ensuring a smooth and stress-free transaction.

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