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 below our typical costs to cover standard conveyancing work.
Conveyancer’s fees and disbursements*
Disbursements are costs related 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.
*Costs vary in each case and our fees will need to reflect the particular requirements of your sale or purchase. For example, dealing with an unregistered property, 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. 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.
Anticipated disbursements for Leasehold conveyancing
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.
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.
How long will my house sale or 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 8 - 12 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 charge would also apply.
Our fee assumes that:
The above costs are examples of our prices and not to be regarded as a binding quote. It is not an exhaustive list of all of the real estate services we offer our clients. Please note that an individual costs estimate is provided at the start of each transaction which will take into account the actual features of your sale or purchase.