01665 606100 info@warcuplawfirm.co.uk
Our Services
Sale or purchase of a residential property
Our fees for a sale or purchase can vary as no transaction is the same and complications can arise during the matter which may impact the price stated. However, as a general guide to our fees, we have outlined our typical costs to cover standard conveyancing work.
Conveyancer’s fees and disbursements
Please click on the attached document below to see our estimated prices that apply to buying or selling your home. VAT is payable at 20% currently, where stated. Our prices include charges for the work carried out on your behalf by our conveyancing team, and other charges that are mandtory and that we will need to pay on your behalf during the process. You can refer to our "people" page to find out more detail about our conveyancing team, and to the "Buying and Selling a Home" section of our website to find out about the services provided wihtin our standard fees.
Please note that costs may vary and our fees will need to reflect the particular requirements of your sale or purchase if there are any complications or unforseen circumstances. For example, dealing with an unregistered property, a listed property, a new build property or a leasehold flat may, because of the added complexities, cost more than dealing with a registered freehold property. There are also certain types of properties and transactions that these fees do not apply to, as set out in the document linked above.
However, we will always provide a reliable estimate of our costs when we have full details of the intended transaction and we will advise you immediately about any complication, and discuss the potential impact on price before any additional charges are incurred.
Stamp Duty Land Tax or Land Transaction Tax:-
This is payable on the purchase of a property and depends on a number of factors including the purchase price of your property and whether you own any additional property.
We will ask you to complete a questionnaire in which you will be asked questions to help us determine how much SDLT will be payable on completion. We will need to be in funds for the full amount of SDLT due before we complete your purchase.
Below is the link to the Gov.uk Stamp Duty calculator tool:
https://www.tax.service.gov.uk/calculate-stamp-duty-land-tax/#!/intro
How long will my house sale or purchase take and what is the process?
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 12-20 weeks. On a sale this is from the issuing of draft contracts and property documents and on a purchase, this is from receipt of the draft contracts and property documents.
The process can be quicker or slower, and this can depend on, for example, the parties in a chain and the complexity of the matter. For example, if you are buying a leasehold property that requires an extension of the lease before completion, the process can take significantly longer. In such a situation additional charges would also apply (see above).
Further information about the process and the work we will carry out for you can be found in the "Buying and Selling a Home" section of our website.