Services

Freehold Purchases – Conveyancer’s Fees
and Disbursements

Stages of the process

The precise stages involved in the purchase of a residential property vary according to the circumstances.

However, below are some of the key stages;

Take your instructions and give you initial advice

Check finances are in place to fund purchase and contact lender’s solicitors if needed

Receive and advise on contract documents

Carry out searches

Obtain further planning documentation if required

Make any necessary enquiries of seller’s solicitor

Give you advice on all documents and information received

Go through conditions of mortgage offer with you

Send final contract to you for signature

Agree completion date (date from which you own the property)

Exchange contracts and notify you that this has happened

Arrange for all monies needed to be received from lender and you

Complete purchase

Deal with payment of Stamp Duty/Land Tax

Deal with application for registration at Land Registry

For the purchase of a freehold property valued at £300,000 the typical legal fee is £790.00+vat plus disbursements.

 

To find out the legal fee specifically for your purchase

Please use our online conveyancing calculator here

 

Our fee assumes that:

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.

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.

No indemnity policies are required. Additional disbursements may apply if indemnity policies are required.

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.

 

Search fees
approximately £250.00

Stamp Duty Land Tax
See HMRC’s website or if the property is located in Wales by using the Welsh Revenue Authority’s website here.

Pre-completion searches
£7.00+vat

Electronic money transfer / Archive fee
£45+vat

Land Registry fee
See below

Purchase Property Price
£1 – 80,000
Land Registry Fee
£20.00

Purchase Property Price
£80,001 – 100,000
Land Registry Fee
£40.00

Purchase Property Price
£100,001 – 200,000
Land Registry Fee
£95.00

Purchase Property Price
£200,001 – 500,000
Land Registry Fee
£135.00

Purchase Property Price
£500,001 – 1000,000
Land Registry Fee
£270.00

Purchase Property Price
£1000,001 and above
Land Registry Fee
£435.00

 

Further information can be found at here

 

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 but that is a guide only. Each transaction depends upon its own facts.

 

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