Residential Conveyancing Fees

Our standard conveyancing fee is based on the sale or purchase price, whether the property is freehold or leasehold and whether the property is a new build or recently converted.

A fee supplement is payable if the transaction involves a mortgage loan from a private bank, bridging finance, a mortgage where separate solicitors are instructed by the lender or for leasehold properties, if the Building Safety Act 2022 applies. Additional fee supplements may be payable depending on the circumstances eg. a short timescale, a complex transaction, a simultaneous exchange and completion, should additional levels of due diligence be required due to the geographic location of the client or source of funds.

Separate fee scales apply to re-mortgages with mainstream lenders, shared ownership properties, retirement homes, trust deeds, lease extensions, stand-alone loans from private banks and bridging finance.

We do NOT charge a fee supplement for acting for a mainstream lender (where a separate solicitor is not instructed by the lender), redeeming a mortgage on a sale, or for completing and submitting the stamp duty return and paying the duty due.

See below, for examples of fee ranges for freehold and leasehold sales and purchases.

Sales

Freehold    
Sale Price (£) Fee range (£) VAT (at 20%) Inclusive of VAT
500,000 – 749,999 1,500 – 1,900 300 – 380 1,800 – 2,280
1,000,000 – 1,249,999 1,800 – 2,200 360 – 440 2,160 – 2,640
1,250,000 – 1,499,999 1,950 – 2,350 390 – 470 2,340 – 2,820
1,500,000 – 1,749,000 2,325 – 2,725 465 – 545 2,790 – 3,270
2,000,000 – 2,249,999 2,675 – 3,075 535 – 615 3,210 – 3,690

 

Leasehold    
Sale Price (£) Fee range (£) VAT (at 20%) Inclusive of VAT
500,000 – 749,999 1,750 – 2,150 350 – 430 2,100 – 2,580
1,000,000 – 1,249,999 2,050 – 2,450 410 – 490 2,460 – 2,940
1,250,000 – 1,499,999 2,250 – 2,650 450 – 530 2,700 – 3,180
1,500,000 – 1,749,000 2,625 – 3,025 525 – 605 3,150 – 3,630
2,000,000 – 2,249,999 2,975 – 3,375 595 – 675 3,570 – 4,050

Purchases

Freehold    
Purchase Price (£) Fee range (£) VAT (at 20%) Inclusive of VAT
500,000 – 749,999 1,600 – 2,000 320 – 400 1,920 – 2,400
1,000,000 – 1,249,999 1,950 – 2,350 390 – 470 2,340 – 2,820
1,250,000 – 1,499,999 2,150 – 2,550 430 – 510 2,580 – 3,060
1,500,000 – 1,749,000 2,525 – 2,925 505 – 585 3,030 – 3,510
2,000,000 – 2,249,999 2,875 – 3,275 575 – 655 3,450 – 3,930

 

Leasehold    
Purchase Price (£) Fee range (£) VAT (at 20%) Inclusive of VAT
500,000 – 749,999 1,850 – 2,250 370 – 450 2,220 – 2,700
1,000,000 – 1,249,999 2,200 – 2,600 440 – 520 2,640 – 3,120
1,250,000 – 1,499,999 2,450 – 2,850 490 – 570 2,940 – 3,420
1,500,000 – 1,749,000 2,825 – 3,225 565 – 645 3,390 – 3,870
2,000,000 – 2,249,999 3,175 – 3,575 635 – 715 3,810 – 4,290

Residential Conveyancing Expenses (known as Disbursements)

Disbursements – all transactions

  • A compliance check fee for each client of £30 (inclusive of VAT at 20%) in line with Anti-Money Laundering Regulations requirements and a CHAPS fee for any money payments made which is £48 (inclusive of VAT at 20%).

Disbursements – sales

  • The Land Registry fee for the Land Registry filed documents relating to the property of between £6 and £30 approximately (with no VAT), depending on the number of relevant documents required; and
  • On leasehold sales, the freeholder/managing agent fee for supplying the management information pack which could be between £75 and £450 plus VAT at 20%. This fee is set by the freeholder/managing agent and we will obtain confirmation of the exact fee as soon as we can, should you decide to instruct us.

Disbursements – purchases

  • The search pack – £350 to £650 (inclusive of VAT at 20%) depending on the area in which the property is located;
  • Land Registry fees for pre-completion searches and for any documents obtained as part of the legal due diligence – between £3 and £50 (with no VAT) depending on the property and whether the purchase is a cash purchase or a purchase with the assistance of mortgage finance;
  • Land Registry registration fee – £20 to £1,105 (with no VAT) depending on the value of the property and whether it involves a new lease and a transfer of part. Please refer to the following website for further information: https://www.gov.uk/guidance/hm-land-registry-registration-services-fees;
  • Stamp duty land tax where the property is located in England – this depends on the value of the property and HMRC’s calculator can be found by clicking the following link: https://www.tax.service.gov.uk/calculate-stamp-duty-land-tax/#/intro;
  • Land transaction tax where the property is located in Wales – this again depends on the value of the property and the Welsh Government’s calculator can be found by clicking the following link: https://gov.wales/land-transaction-tax-calculator;
  • For leasehold properties – a notice of transfer fee which will depend on the contents of the lease and the fee set by the landlord/managing agent, further a deed of covenant, transfer of share fee and compliance certificate fee may apply and these fees are also set by the landlord/managing agents. We will confirm the amounts of these fees when we receive the management information pack from the seller’s solicitor.

Disbursements – re-mortgages

  • The search pack – as above for purchase transactions, OR alternatively the lender may accept a no-search indemnity insurance policy in lieu of the searches which will cost between £75 and £250 approximately (the cost depends on the value of the property and/or the amount of the mortgage advance);
  • Land Registry fees – as above for purchase transactions;
  • Land Registry registration fee – £20 to £305 (with no VAT) depending on the value of the property; and
  • For leasehold properties – a notice of charge fee which varies from property to property and is set by the landlord/managing agents.

Included Services and Timescales

We will give you a “fixed” fee quote based on the circumstances of the transaction which you provide to us. However, if after you have instructed us to act on your behalf those circumstances change or a new development arises, we will discuss and agree any change in the fee quote with you. Therefore, where there is likely to be an additional fee incurred, we will make sure you are informed of this at the earliest opportunity and a clear estimate of the additional fee agreed with you. Usually we will only deviate from our initial fee quote if the matter becomes protracted, or there are unforeseen circumstances or additional legal work is required which was not evident at the start of the transaction.

Subject to the above comments, the work required to carry out and complete the whole conveyancing transaction is included in our quoted fee, except for additional fees which may be payable to account for a short timescale, complex transaction or a simultaneous exchange and completion, for dealing with a bridging loan, or when the lender has a separate solicitor acting. It may be necessary to carry out work on an hourly rate basis either throughout the transaction or in addition to the quoted fees. If this is applicable, our time will be charged based on an hourly rate and you will be notified of the appropriate hourly rate before any such work is carried out.

The average straight forward residential sale and purchase takes between 4 to 6 weeks to reach the point of exchange, however there are many variables. We will therefore keep you appraised of the likely timeframe as the matter progresses.

Key Stages and Terms of Business

Please refer to the Sales Procedure and Purchase Procedure documents available to download on the “Resources – Downloads” page of this website for further information on the key stages of residential sale and purchase transactions. Our Terms of Business can be downloaded from the same page.

Complaints Procedure

Information regarding our complaints procedure can be found here.