Our fees

The fees that we charge in relation to any property transaction will be governed by a range of factors including whether the transaction involves a sale, purchase or remortgage, whether a freehold or leasehold property is involved, the complexity of the transaction, the timing, whether mortgage finance is involved, the amount of money involved and the status of the parties; however, before proceeding with any conveyancing transaction and the client incurring fees, we would discuss the proposed transaction and agree the provisional fees with the client.

We do not offer cheap conveyancing but we ensure that our fees are competitive with other leading specialist firms carrying out similar transactions.

If a transaction proves abortive then we would expect to charge fees based on our hourly rate, referred to in our terms and conditions, based on the work carried out and time spent.

Whilst every transaction is different and our fees are always something we will discuss and agree on in advance, the following gives an indication of our likely fees in a range of transactions, in particular sales, remortgages and purchases:-

Property Value Ranges	Freehold Property	Leasehold Property
<£250,000	£1,500 - £2,750	£1,900 - £3,250
£250,000 - £500,000	£1,750 - £3,250	£2,250 - £3,750
£500,000 - £750,000	£2,000 - £3,750	£2,500 - £4,250
£750,000 - £1,000,000	£2,500 - £4,500	£3,000 - £5,000
>£1,000,000	We will provide a specific quote for the transaction

The hourly rates that are applied in relation to abortive matters range between £440-£480 plus VAT for Partners and £280-£330 plus VAT for solicitors. Further details of our hourly rates are confirmed in our Terms and Conditions.

The fees mentioned do not include Value Added Tax (VAT) which is applicable on all fees. The prevailing VAT rate stands at 20%.

Fees may exceed those mentioned above in relation to matters involving, service charge retentions, lease extensions, tenancy agreements, occupiers, the share of freeholds, third-party lawyers, trust properties, unusual leases, private charge holders, service charge / ground rent arrears, drafting certificates of compliance / consent, contract races, Statutory declarations, disputed matters, additional charges, additional restrictions, shared ownership, sales at undervalues, unregistered land. You will be notified of any additional fees applicable in advance.

In addition, the majority of transactions involve disbursements such as Stamp Duty, Local Authority Search fees, bank transfer fees, etc. At the outset, we will give an estimate of these disbursements, recharges and expenses (including VAT where applicable) to ensure that the client understands the financial liabilities that they will incur in relation to the transaction.

These disbursements, recharges and expenses will be the responsibility of the client but, subject to the client providing the necessary funds, we would normally make the necessary payments on behalf of the client.

To give you an indication of the disbursements, recharges and expenses (including VAT where applicable) that you are likely to incur the following should be allowed for:

*Stamp Duty Land Tax

In addition to the above, you will also need to pay Stamp Duty Land Tax based on the value of your property. To understand how much you will need to pay, we recommend the HMRC Stamp Duty Calculator. This is a highly complex area and we will discuss it with you in detail. It may be necessary for you to take specialist advice in relation to certain transactions.

Visit Stamp Duty Land Tax for more information.

The firm's Property services, key stages and timescales in residential property transactions are set out in the firm's Terms and Conditions.

In acting for you in respect of your purchase of a residential property we will:

• Provide you with a dedicated and experienced team to work on your matter
• Take your initial instructions and give you initial advice
• Receive and advise on contract documents
• Carry out searches
• Make any necessary enquiries of the seller's solicitor
• Report to you on all documents and information received
• Send final contract to you for signature
• Agree on the completion date (the date from which you own the property)
• Exchange contracts and notify you that this has happened
• Advise you of the monies needed for completion
• Complete Purchase
• Deal with payment of Stamp Duty/Land Tax
• Deal with applications for registration at HM Land Registry
• Send you your registration documents once the registration formalities have been concluded
• Please note this fee is based on all documents, and communications being sent to you electronically.

In relation to leasehold properties, we will also:

• Review your lease and report to you on the terms of the Lease
• Advise you of any additional costs required pursuant to the Lease in respect of landlord/ managing agents/ management company involved, as appropriate
• Advise on service charge and ground rent pursuant to the lease
• Make enquiries with the Landlord or their agents via the Seller’s solicitors in respect of the arrangements for management/ maintenance of the building in which your leasehold property is located, including communal parts

In acting for you in respect of your sale of a residential property we will:

• Provide you with a dedicated and experienced team to work on your matter
• Take your initial instructions and give you initial advice
• Obtain title documents from the Land Registry and prepare a contact pack once you have completed the initial property information forms for the property you are selling
• Draft your contract for sale and issue it to the buyer’s solicitors
• Take your instructions on any enquiries raised by your Buyer’s solicitors.
• Send you the final contract and arrange for you to sign in readiness for exchange
• Agree completion date (the date from when you will no longer own the property and will have had to vacate the premises)
• Exchange Contracts and notify you that this has happened
• Approve the Transfer from the Buyer’s solicitors and send it to you for signature and witnessing
• Request your Estate Agents Commission Account for settlement on completion
• Complete your transaction and send you the proceeds of sale once all fees and balances due have been paid
• Send the executed transfer to the Buyer’s solicitors
• Please note this fee is based on all documents, and communications being sent to you electronically

In relation to leasehold properties, we will also:

• Obtain a copy of your Lease from the Land Registry/You
• Contact the Landlord/ Managing Agent for replies to Standard Leasehold Enquiries and raise any specific enquiries raised by your Buyer’s solicitors to the Landlord or their agents
• Advise you of any additional costs required pursuant to the Lease in respect of landlord/ managing agents/ management company involved, as appropriate
• Advise on service charge and ground rent pursuant to the Lease.

In acting for you in respect of your residential re-mortgage we will:

• Provide you with a dedicated and experienced team to work on your matter
• Take your initial instructions
• Obtain title documents from the Land Registry upon receiving money on account from you to cover the cost of the same
• Send you the property information forms for the property you are re-mortgaging
• Carry out searches or obtain indemnity insurance for no searches (if this is acceptable to your new lender)
• Obtain a redemption statement from your existing lender
• Receive and check your new Mortgage Offer and instructions from your new Lender
• Go through the conditions of your new Mortgage Offer with you, by providing a report on the mortgage
• Send you your new Mortgage Deed for you to sign in the presence of a witness and return to us
• Make any necessary enquiries of you in relation to the property, including requesting any documents for any alterations to the property
• Agree on a completion date (to draw down the funds for your new mortgage and redeem your existing mortgage)
• Request funds from your new lender for the agreed completion date
• Request an up to date redemption statement from your existing lender for the agreed completion date
• Complete your re-mortgage by receiving funds from your new lender and repaying the existing lender
• Send you the proceeds of the re-mortgage once all fees and balances due have been paid
• Obtain discharge documents and send them to the HM Land Registry following completion
• Deal with payment of Stamp Duty/Land Tax (if appropriate)
• Deal with the application for registration at HM Land Registry to remove the details of your old lender in place of the details of the new lender
• Send you your updated registration documents once the registration formalities have been concluded
• Please note this fee is based on all documents, and communications being sent to you electronically

In relation to leasehold properties, we will also:

• Obtain a copy of your Lease from the Land Registry/ you
• Review your Lease and advise you of any additional costs required in respect of landlord/ managing agents/ management company involved, as appropriate
• Contact your Landlord/ managing agents/ Management Company in relation to your property and raise specific enquiries
• Advise on service charge and ground rent pursuant to the Lease, if it is a requirement of your landlord/ freeholder/ agents to discharge any arrears prior to completion
• Advise you of any additional costs required pursuant to the Lease in respect of the Landlord/ Managing Agents/ Management Company involved, as appropriate