For a sale of a property, costs can range from £700.00 – £1,500.00 depending on complexity of the matter, sale price and so on. For a purchase of a property, costs range from £750.00 – £1,800.00 depending on complexity, purchase price, and so on. For a transfer of equity or remortgage, costs range from £400.00 – £900.00 again depending on facts of the case, complexity of the property/transaction.
We send every client a written quote by email, if possible, at the outset and this should be adhered to unless there are extenuating circumstances i.e. information comes to light which was not provided at the time of quoting the client.
All costs in residential conveyancing are fixed and quoted at the outset. Cases are quoted on a case by case basis and will vary depending on – whether the property is freehold or leasehold, sale/purchase prices, shared ownership properties, help to buy loans, new-build properties and so on*.
Typical disbursements are as follows:-
Sale of a property
- e-conveyancing fee £30
- office copy entries £12
- bank transfer fee £24
- on-line ID checks (per person) £7.20
- if a management company is involved a management pack which costs approximately £250.
Purchase of a property
- e-conveyancing fee £36
- bank transfer fee £24
- searches between £220-£375
- final land registry searches £7
- Land Registry fee between £95-£910 depending on application
- on-line ID checks (per person) £7.20
- Stamp Duty may be payable depending on the purchase price and other factors e.g. first time buyer, etc.
- if a management company/freeholder is involved there will be post completion fees depending on their requirements which can range from £50-£300 depending on the company in question.
Transfer of equity or remortgage
- e-conveyancing fee £12
- bank transfer fee £24
- office copy entries £12
- final land registry searches £7
- land registry fees- £20-£270 depending on factors of each transaction
- on-line ID checks (per person) £7.20
- Stamp Duty may be payable depending on the circumstances and considerations involved with the transfer of equity. This is something which we can discuss with you when we are providing a quotation.
Legal fees are plus VAT and disbursements do not have VAT added.
*Shared ownership and new-build properties can make a transaction far more complex and time consuming than dealing with existing residential properties and, therefore, please note the costs may not fall within the above brackets.
Service information
The quoted price includes our initial instruction, collection of paperwork, ID verification, submission of contract packs on a sale, reviewing and investigation of title on a purchase, reporting to clients, acting for the lenders on a sale/purchase/transfer/remortgage/lease extension. Further, it includes exchanging a sale/purchase right through to completion and post completion procedures such as submission of the stamp duty forms and the application for registration at the Land Registry. Also included is the archiving of the files for the requisite time period following completion of each matter.
The quoted price does not include the cost of obtaining a survey.
For information on key stages and typical timescales, please see the conveyancing steps leaflet. We aim normally to reach the stage of exchange within 4-6 weeks of receiving instructions.
Who will be helping you?
For information about members of our team who will be helping you with your residential conveyancing, please visit the Residential Conveyancing page.
