Residential Conveyancing

Residential Conveyancing Price Transparency

We operate on a fixed fee basis as opposing to charging by reference to hourly rates. Our Fees will be discussed once the transaction has been assessed and will then be agreed with you. They will then be set out in writing and sent to you. If the circumstances throughout the transaction change for example the property is found to be unregistered or leasehold for example the original Fee will be revised, again you will be informed in writing for the fee change at the appropriate point.  

Sale Fees

Price of

Property

Sale Fees VAT

Bankruptcy

Search (per client)

OCE

ELEC ID (per client)

Bank TT Fee

(If Required to repay charge)

Sale Total

Up to £50,000 £625.00 £125.00 £2.90 £7.80 £5.00  £42.00 £807.70
£50,001 - £80,000 £625.00 £125.00  £2.90 £7.80 £5.00  £42.00 £807.70
£80,001 - £100,000 £625.00 £125.00  £2.90 £7.80 £5.00   £42.00 £807.70
£100.001 - £125,000 £650.00 £130.00  £2.90 £7.80 £5.00   £42.00 £837.70
£125,001 - £175,000 £650.00 £130.00  £2.90 £7.80 £5.00   £42.00 £837.70
£175,001 - £200,000 £650.00 £130.00  £2.90 £7.80 £5.00   £42.00 £837.70
£200,001 - £300,000 £725.00 £145.00  £2.90 £7.80 £5.00  £42.00 £927.70
£300,001 - £500,000 £800.00 £160.00 £2.90 £7.80 £5.00  £42.00 £1017.70
£500,001 and above Quote on request
 

 

Purchase Fees 

Price of Property Purchase Fees VAT SDLT Search Fees (from Infotrack) Bankruptcy Search (per client) Official Search  Elec ID (per client) Bank Charges Land Reg Purchase Total 
Up to £50,000 £700.00 £140.00 £4.80 £149.00 £2.90 £3.90 £5.00 £42.00 £24.80  £1072.40 
£50,001 - £80,000 £700.00 £140.00 £4.80 £149.00 £2.90 £3.90 £5.00 £42.00 £24.80  £1072.40 
£80,001 - £100,000 £700.00 £140.00 £4.80 £149.00 £2.90 £3.90 £5.00 £42.00 £44.80  £1092.40
£100.001 - £125,000 £700.00 £140.00 £4.80 £149.00 £2.90 £3.90 £5.00 £42.00 £99.80  £1147.40
£125,001 - £175,000 £725.00 £145.00 £4.80 £149.00 £2.90 £3.90 £5.00 £42.00 £99.80  £1177.40 
£175,001 - £200,000 £750.00 £150.00 £4.80 £149.00 £2.90 £3.90 £5.00 £42.00 £99.80  £1207.40 
£200,001 - £300,000 £800.00 £160.00 £4.80 £149.00 £2.90 £3.90 £5.00 £42.00 £139.80  £1307.40 
£300,001 - £500,000 £850.00 £170.00 £4.80 £149.00 £2.90 £3.90 £5.00 £42.00 £139.80  £1367.40
£500,001 and above Quote on request

 

SUPPLEMENTARY CHARGES    
1 Sale / Purchase  house  leasehold supplement 

£150.00 plus VAT

2 Sale / Purchase  Flat  leasehold supplement  £200.00 plus VAT
3 Expedited Transaction ( i.e. Completion within 28 days of initial instruction or 14 days of exchange) £100.00 plus VAT
4 Tenanted Properties or Buy to Let Properties £50.00 plus VAT
5 Advice on Indemnity Policy/Policies £50.00 plus VAT
6 Abortive Transactions - Dependant on circumstances from £25.00 - up to 3/4 of fee
7 Part Exchange with Developer  Reduction 25% of total dale & purchase fee payable
8 Purchase of New Build sold by Developer £115.00 plus VAT
9 Purchase of shared ownership property from housing association £150.00 plus VAT
10 Unregistered sale/purchase £50.00 plus VAT
11 Sale pursuant to a matrimonial break up (when instructed by both sellers) £100.00 plus VAT
12 Help to Buy ISA / Help to Buy Loan £50.00 plus VAT
13 Additional charges to be assessed in the event of  Defective Title, Absentee Landlords and other issued outside standard conveyancing procedure  

Remortgage - £500 + VAT

Transfer of Equity - £500 + VAT

Transfer of equity and remortgage - £500 + VAT

First Registration additional fee £50 + VAT

Probate Sales start from £550 plus VAT & disbursements as applicable 

HELP TO BUY ISA £50 + VAT

HELP TO BUY EQUITY LOAN FEE £100 + VAT

Disbursements

“Disbursements” are costs related to your matter that are payable to third parties, such as Stamp Duty and Land Registry Fees, these will be set out for you in correspondence at the start of the transaction.

Key stages

The fees set out above cover all of the work in relation to the key stages of the transaction we will talk you through the stages at the start, and then during the transaction and keep you regularly updated.

Every transaction is different and there will be key milestones which may vary according to  individual circumstances. 

We will:

• Take your instruction and give initial advice based on the information you have provided.

• Check you have finances in place to fund the purchase and contact the lender’s solicitors if needed.

• Receive and advise on contract documents.

• Undertake searches.

• Obtain further planning documentation if required.

• Make any necessary enquiries with the seller’s solicitor.

• Provide advice on all documents and information received.

• Advise you of the mortgage offer conditions.

• Finalise contract and send to you for signature.

• Agree completion date.

• Exchange contracts and notify you that this has happened.

• Ensure all monies have been received from you and the lender(s).

• Complete purchase.

• Deal with payment of Stamp Duty/Land Tax.

• Complete and submit the application for registration at the Land Registry.

Timescales 

For any transaction, the timescales are subject to change depending on when your offer is accepted, and factors such as:


• The number of parties in the chain

• Whether you have a mortgage in place;

• Whether you are buying a new build property;

• Whether you need a lease extension for a leasehold property.

A typical transaction will take between 12 to 16 weeks, however if any of the above apply or there are other factors we need to take into consideration, we will discuss this with you.

VAT will be charged at 20%. 

 

Resicon Team Banner V1 0817

PRICE OF PROPERTY SALE FEES VAT   OCE     SALE TOTAL PURCHASE FEES  VAT SDLT SEARCH FEES  (from Infotrack)     Elec ID (per client) BANK CHARGES LAND REG. PURCHASE TOTAL
Bankruptcy Search (per client) ELEC ID (PER CLIENT BANK TT FEE (IF REQUIRED to repay charge) Bankruptcy Search (per client) OFFICIAL SEARCH 
         
         
  625.00 125.00   7.80     807.70 700.00 140.00   149.00       42.00 24.80  
UP TO £50,000 2.90 5.00 42.00 4.80 2.90 3.90 5.00 1,072.40
                 
  625.00 125.00   7.80     807.70 700.00 140.00   149.00       42.00 24.80  
£50,001 - £80,000 2.90 5.00 42.00 4.80 2.90 3.90 5.00 1,072.40
                 
  625.00 125.00   7.80     807.70 700.00 140.00   149.00       42.00 44.80  
£80,001 - £100,000 2.90 5.00 42.00 4.80 2.90 3.90 5.00 1,092.40
                 
  650.00 130.00   7.80     837.70 700.00 140.00   149.00       42.00 99.80  
£100,001 - £125,000 2.90 5.00 42.00 4.80 2.90 3.90 5.00 1,147.40
                 
                725.00 145.00   149.00       42.00 99.80  
125,001 - £175,000 650.00 130.00 2.90 7.80 5.00 42.00 837.70 4.80 2.90 3.90 5.00 1,177.40
                         
£175000 - £200,000 650.00 130.00 2.90 7.80 5.00 42.00 837.70 750.00 150.00 4.80 149.00 2.90 3.90 5.00 42.00 99.80 1,207.40
                                   
200,001 - £300,000 725.00 145.00 2.90 7.80 5.00 42.00 927.70 800.00 160.00 4.80 149.00 2.90 3.90 5.00 42.00 139.80 1,307.40
                                   
£300,001 - £500,000 800.00 160.00 2.90 7.80 5.00 42.00 1,017.70 850.00 170.00 4.80 149.00 2.90 3.90 5.00 42.00 139.80 1,367.40
£500,001 and above Quote on Request

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