Sale of a Freehold Residential Property

Sale of a Freehold Residential Property

Conveyancing fees

Our fees cover all the work required to complete the sale of your home.

 

All our prices quoted are exclusive of VAT

Value of Transaction                                        Conveyancing fees

  • £0.00                 to       £100,000              £1,005.00
  • £100,000          to       £150,000              £1,035.00
  • £150,000          to       £200,000              £1,060.00
  • £200,000         to       £250,000              £1,110.00
  • £250,000         to       £300,000              £1,210.00
  • £300,000         to       £350,000              £1,260.00
  • £350,000         to       £400,000              £1,310.00
  • £400,000         to       £450,000              £1,385.00
  • £450,000         to       £500,000              £1,550.00
  • Over £500,000                             To be advised upon request for quote

 

Other Potential Fees

Additional legal fees of £250.00 would be added if the sale relates to a Shared Ownership property.

We charge the sum of £35.00 for each Electronic Transfer of Funds (CHAPS/TT)

 

Disbursements on a Sale

Disbursements are costs related to your matter that are payable to third parties, such as Land Registry fees.

Land Registry Fees for Official Copy Entries of the Register £6.00 (plus VAT)

 

The services included in our fees cover the following key stages:

  • Taking your initial instructions;
  • We obtain your deeds from wherever they are held;
  • We prepare and send out a contract and other supporting documents;
  • We supply the property information form and completed list of fittings to the buyer’s Solicitor. You will be sent these for completion and return to us.
  • We “progress chase” regularly and then report periodically to you and in particular should there be problems;
  • We send the contract to you to sign along with an explanation;
  • We exchange contracts with the buyer’s Solicitors and advise you;
  • If there are selling agents we notify them that contracts have been exchanged and, when we receive their bill, we check with you that it is in order and then pay it;
  • We approve the transfer document submitted by the buyer’s Solicitors and obtain your signature to it;
  • We find out how much is required to repay any existing mortgage and discharge it when the sale is completed;
  • We complete the transaction with the buyer’s Solicitor;
  • We report completion to you and account for any money due to you, and
  • We report completion to you and account by bank transfer for any money due to you.

 

How long will my house Sale take?

We estimate between 10-12 weeks on the basis that all parties are ready to proceed and there are no extenuating circumstances that would hold up the process or prevent us or others in the chain from proceeding within this reasonable time scale.

The process may be quicker or slower, depending upon any chain.

 

Please note that our fees are exclusive of VAT and 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;
  • The transaction is concluded in a timely manner and no unforeseen complication arise;
  • All parties to the transaction are co-operative and there is no unreasonable delay from third parties providing documentation, and
  • No indemnity policies are required. Additional costs and disbursements may apply if indemnity policies are required.
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