Conveyancing

Conveyancing Fees and Pricing

Buying and selling a property is stressful enough without the worry of additional costs and legal fees. It is important to us, therefore, that we give you some idea of costs right at the outset.

The costs are split into two parts. Firstly, there will be fees for the conveyancing work we undertake on your behalf and secondly, there are payments to third-parties that relate to your transaction i.e. Land Registry documents, Stamp Duty Land Tax. These are known as disbursements.

Our legal fees will be determined by the value of the property and the complexity of any legal issues. Your transaction will always be quoted at the beginning as a fixed fee on the assumption of a straight forward transaction.

H & C Lawyers does not accept nor receive any referral fees from any organisation.

Below you will find a summary of the costs associated with the sale and purchase of a property. For a tailored quotation, or if you have any questions, please feel free to contact us.

Costs for a freehold property sale

£
H&C Lawyers Legal Fees 675.00 – 1,100.00
VAT @ 20% 135.00 – 220.00
Electronic Bank Transfer Fee 35.00
VAT @ 20% 7.00
Anti-Money Laundering Checks (per person) 10.00
VAT @ 20% 2.00
H&C Lawyers Fees 864.00 – 1,374.00 (inc. VAT)
Payments made to third-parties (disbursements).
All inclusive of VAT @ 20%
Land Registry Official Copies 6.00 – 40.00
Indemnity Policies (if required) Variable

Information

  • Land Registry Official copies are copies of the entries on the registered title of a property, officially produced by the Land Registry, and stamped with the date and time of issue.

Our fees cover the standard work and key stages required to complete the sale of a property including:

  • Taking your instructions
  • Liaising with your estate agent
  • Preparing and issuing contract documents
  • Reviewing seller’s property information forms and supply to buyer’s solicitors
  • Replying to any enquiries raised by buyer’s solicitors
  • Giving you advice on all documentation and information received
  • Obtaining a mortgage settlement statement from your mortgage lender (if applicable)
  • Sending final contract and transfer to you for signature
  • Agreeing completion date (date you will need to move out of the property)
  • Exchanging contracts and notify you that this has happened
  • Arranging for all monies to be received from buyer’s solicitors and redeeming any mortgages
  • Completing sale
  • Settling Estate Agent and legal fees and transferring any balance to you.

Our standard legal fee may need to be reviewed if:

  • Your transaction becomes unusually complicated or protracted
  • The property is not registered at the Land Registry.

Costs for a freehold property purchase

£
H&C Lawyers Legal Fees 675.00 – 1,100.00
VAT @ 20% 135.00 – 220.00
Electronic Bank Transfer Fee 35.00
VAT @ 20% 7.00
Anti-Money Laundering Checks (per person) 10.00
VAT @ 20% 2.00
H&C Lawyers Fees 864.00 – 1,374.00 (inc. VAT)
Payments made to third-parties (disbursements).
All inclusive of VAT @ 20%
Stamp Duty Land Tax Variable
Search Fees 300.00 – 400.00
Land Registry Registration Fee 20.00 – 910.00
Land Registry Search 3.00
Bankruptcy Search (only applicable with a mortgage) 2.00 (per person)
Lawyer Checker 10.00 plus VAT of £2.00
Indemnity Policies (if required) Variable
Lender Admin Fee (some lenders charge a fee for sending documents) Variable

Information

  • Stamp Duty Land Tax fees vary depending on a number of factors. Visit https://www.tax.service.gov.uk/calculate-stamp-duty-land-tax/#/intro to find out how much you would need to pay.
  • Land Registry Registration Fees are charged depending on the value of the property and can vary. For more detailed information, visit https://www.gov.uk/guidance/hm-land-registry-registration-services-fees.
  • The cost of search fees depends on the location of the property you are purchasing and what searches may be relevant to that area.
  • Land Registry Searches are used to protect a transaction for value that affects the whole of the land in a registered title, e.g. a purchase, lease or a charge. The search prevents registration of an adverse interest for 30 business days (the priority period) to allow the purchaser to lodge to protected application).
  • Lawyer Checker is a simple but effective online service that allows us to gather further information on the vendor’s conveyancer that we are sending money to. When account and firm details are submitted, Lawyer Checker will identify if there is a track record of previous use associated with that account.

Our fees cover the standard work and key stages required to complete the purchase of a property including:

  • Taking your instructions and giving you initial advice
  • Ensuring that your financial arrangements are in place
  • Receiving and advising on contract documents
  • Carrying out relevant searches
  • Making any necessary enquiries of the seller’s solicitors
  • Giving you advice on all documents and information received
  • Discussing conditions of mortgage offer with you
  • Sending final contract and transfer to you for signature
  • Agreeing completion date (date from which you own the property)
  • Exchanging contracts and notify you that this has happened
  • Arranging for all monies needed to be received from lender and you
  • Completing purchase
  • Dealing with payment of Stamp Duty Land Tax
  • Dealing with application for registration of ownership at Land Registry

Our standard legal fee may need to be reviewed if:

  • Your transaction becomes unusually complicated or protracted
  • The property is not registered at the Land Registry.

 

Timescales
It is impossible to give an exact timescale of how long a conveyancing transaction will take due to many factors i.e. how many parties in a chain, if you are using a help to buy scheme, multiple owners etc. However, the national average for completing a property transaction is 6-12 weeks.

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