Conveyancing Fees & Costs

We understand how important costs are to buyers and sellers. Our residential conveyancing fees are explained clearly so they are easy to understand.

Receive expert advice about all aspects of residential conveyancing – get in touch or call 0191 5666 500 for a friendly discussion.

Legal Fees

Our legal fees cover all the work required to complete the Sale or Purchase of your new home, including dealing with your Lender (where relevant), and/or registering the ownership of your new home at the Land Registry.  We also deal 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 is in Wales.

Our fees for re-mortgaging cover all work with your existing and new mortgage lender and HMLR.

Depending upon the location and price of the Sale/Purchase the total amount paid will vary. (*Please see our Cost Information for a more detailed breakdown of our typical prices and disbursements*)

Our fixed fee prices typically start at £625 + VAT (£750 including VAT) for legal fees for properties under £250,000.00 and usually do not exceed £3,500 + VAT (£4200 incluidng VAT) for properties over £1,000,000.00.

If you are buying or selling a Leasehold property, we charge an extra fee of £450.00 + VAT (£540 including VAT) for handling the additional legal work involved.

Fees for re-mortgaging typically start at £395.00 + VAT (£395 including VAT) and disbursements.

Disbursements

Disbursements are costs related to your matter that are payable to third parties, such as search fees. We handle the payment of the disbursements on your behalf to ensure a smoother process. Typical disbursements which tend to apply are set out below.  This list is not exhaustive and you will be provided with a full breakdown of those which apply to you at the start of the transaction.

Typically, disbursements include:-

Search Fees  £238.95 (estimate depending on locality)

Bankruptcy search  £2.00

Final OS1 search £3.00

HMLR Fee (Land Registry Fee)

This is worked out based on the purchase price of the property you are purchasing – according to the scale below:

Purchase Price      Fee       Total
0-80,000       20            20
80,001-100,000      40            40
100,001-200,000      95            100
200,001-500,000      135           150
500,001-1,000,000      270            295
1,000,001+     455           500

 

SDLT Fee – (Stamp Duty Land Tax)

This is calculated on the purchase price of your property.

The HMRC has a calculator to assist you on their website here.

If your property is in Wales you will need to use this link.

The fee for completing this document for the HMRC is £40.00 + VAT (£48 including VAT) and will be included in your formal quote.

Additional Leasehold Fees

Leasehold Sale

If you are selling a leasehold property (except for long lease houses) you will need to provide the buyer with a pack of information from either the Landlord/Managing Agent or both, who will charge a fee for providing this information.  Fees vary depending on the Landlord/Managing Agent but typically you will be charged between £100 – £250 and some third parties may charge VAT in addition.

Leasehold Purchase

If you are buying a leasehold property (except for long lease houses) we may be required to enter into additional legal documents which may attract additional charges by the Landlord/Managing Agent.

Examples are shown below:

Notice of transfer   £50 – £200

Notice of charge   £50 – £200

Deed of covenant   £50 – £100

Certificate of compliance £50 – £100

*PLEASE NOTE*

Our fee assumes that:

a. 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

b. in respect of leasehold transactions, it involves an assignment of an existing lease and not the grant of a new lease

c. the transaction is concluded in a timely manner and no unforeseen complication arise

d. all parties to the transaction are co-operative and there is no unreasonable delay from third parties providing documentation

e. no indemnity policies are required. Additional disbursements may apply if indemnity policies are required.

 

SALE LEGAL FEES    
PROPERTY BAND LEGAL FEE LEGAL FEE (INC. VAT)
£0 – £125,000 £550.00 £660.00
£125,001 – £250,000 £625.00 £750.00
£250,001 – £500,000 £675.00 £810.00
£500,001 – £750,000 £800.00 £960.00
£750,001 – £1,000,000 £900.00 £1,080.00
£1,000,001 – £2,000,000 £1,250.00 £1,500.00
£2,000,001 – £3,000,000 £2,500.00 £3,000.00
£3,000,001 – £10,000,000 £3,500.00 £4,200.00
SALE ADDITIONAL FEES
PROFESSIONAL CHARGES TOTAL TOTAL (INC. VAT)
Telegraphic Transfer Fee £25.00 £30.00
Leasehold Property Fee £450.00 £540.00
Shared Ownership Fee £450.00 £540.00
Help To Buy Discharge £250.00 £300.00
DISBURSEMENTS TOTAL TOTAL (INC. VAT)
ID Check (Per Person) £4.73.00 N/A
Office Copies & Title Plan (Per Title) £9.00 N/A
PURCHASE LEGAL FEES
PROPERTY BAND LEGAL FEE LEGAL FEE (INC. VAT)
£0 – £125,000 £550.00 £660.00
£125,001 – £250,000 £625.00 £750.00
£250,001 – £500,000 £675.00 £810.00
£500,001 – £750,000 £800.00 £960.00
£750,001 – £1,000,000 £1,000.00 £1,200.00
£1,000,001 – £2,000,000 £1,500.00 £1,800.00
£2,000,001 – £3,000,000 £2,500.00 £3,000.00
£3,000,001 – £10,000,000 £3,500.00 £4,200.00
PURCHASE ADDITIONAL FEES
PROFESSIONAL CHARGES TOTAL TOTAL (INC. VAT)
Telegraphic Transfer Fee £25.00 £30.00
Leasehold Property Fee £550.00 £660.00
New Build Fee £650.00 £780.00
Shared Ownership Fee £650.00 £780.00
Help to Buy Scheme Fee £650.00 £780.00
Help to Buy ISA Fee £50.00 £60.00
SDLT Form Preparation £40.00 £48.00
DISBURSEMENTS TOTAL TOTAL (INC. VAT)
Bankruptcy Search (Per Person) £2.00 N/A
ID Check (Per Person) £4.73 N/A
Land Registry Pre Completion Search (Per Title) £3.00 N/A
Search Pack (Approx) £214.80 N/A
Lawyer Check £15.00 £18.00
SDLT Electronic Submission Fee £9.40 N/A
HMLR Fee – This depends on the purchase price of the property.  See above section called HMLR Fee. 
SDLT Fee – This depends on the purchase price of the property. See above section called SDLT Fee.
REMORTGAGE LEGAL FEES
PROPERTY BAND LEGAL FEE LEGAL FEE (INC. VAT)
£0 – £250,000 £395.00 £474.00
£250,001 – £500,000 £425.00 £510.00
£500,001 – £750,000 £595.00 £714.00
£750,001 – £1,000,000 £695.00 £834.00
£1,0000,001 – £2,000,000 £995.00 £1,194.00
£2,000,001 – £3,000,000 £1,250.00 £1,500.00
£3,000,001 – £10,000,000 £3,000.00 £3,600.00
REMORTGAGE ADDITIONAL FEES
PROFESSIONAL CHARGES TOTAL TOTAL (INC. VAT)
Telegraphic Transfer Fee £25.00 £30.00
Leasehold Property Fee £100.00 £120.00
Shared Ownership Fee £250.00 £300.00
Help To Buy Discharge £250.00 £300.00
DISBURSEMENTS TOTAL TOTAL (INC. VAT)
Bankruptcy Search (Per Person) £2.00 N/A
ID Check (Per Person) £4.73 N/A
Office Copies & Title Plan (Per Title) £9.00 N/A
Land Registry Pre Completion Search (Per Title) £3.00 N/A
Remortgage No Search Insurance (Approx) £20.00 N/A
HMLR Fee – This depends on the purchase price of the property. See above section called HMLR Fee.
SDLT Fee – This depends on the purchase price of the property. See above section called SDLT Fee.

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