Purchase of a Freehold Residential Property
Our fees cover all the work required to complete the purchase of your new home, including dealing with registration at the Land Registry and dealing with the payment of Stamp Duty Land Tax (Stamp Duty) if the property is in England, or Land Transaction Tax (Land Tax) if the property you wish to buy is in Wales.
Base legal fees
Property Price
Estimated charges (ex. VAT)
Estimated charges (inc. VAT)
£780.00 + VAT
£936.00 inc.VAT
£0 - £150,000.00
£150,000.01 - £220,00.00
£850.00 + VAT
£1,020.00 inc.VAT
£220,000.01 - £300,000.00
£950.00 + VAT
£1,140.00 inc.VAT
£300,00.01 - £400,000.00
£1,100.00 + VAT
£1,320.00 inc.VAT
£400,000.01 - £500,000.00
£1,250.00 + VAT
£1,500.00 inc.VAT
£500,000.01 - £750,000.00
£1,400.00 + VAT
£1,680.00 inc.VAT
£750,000.01 - £1,000,000.00
£1,600.00 + VAT
£1,920.00 inc.VAT
£1,000,000.01 - £1,999,999.99
£2,000.00 +VAT
£2,400.00 inc.VAT
£2,000,000.00 and above
£2,500.00 + VAT
£3,000.00 inc.VAT
PLEASE NOTE - If a transaction becomes particularly complicated or protracted, we may increase the level of our estimate, although we will only do so having told you first
ID Verification charge (Anti-Money Laundering check): £30.00 per individual (inclusive of VAT)
We are required to complete ID verification checks on each client involved in your matter, and we charge an administrative fee of £25.00 plus VAT (£30.00, including VAT) for each check. This must be completed before work begins on your matter. More information about the process and who will be required to provide ID documents can be found in the Identification & Anti-Money Laundering Regulations
Additional legal fees for mortgage
These costs are for dealing with the requirements of the mortgage lender but are payable by the person buying the property.
Property Price Band
Estimated charges (ex.VAT)
Estimated charges (inc. VAT)
£200.00 + VAT
£240.00 inc.VAT
£0 - £400,000.00
£400,000.01 and above
£300.00 + VAT
£360.00 inc.VAT
Disbursements
These are in addition to the fixed legal fee we charge. They are third-party charges that we handle on your behalf & may require to be paid before we can disburse the cost. Disbursements, which are paid to third parties, are not set by us and are liable to increase between the estimate and application/payment of the disbursement.
Search fees: £375.00 - £500.00 (inclusive of VAT)
This means the local search, drainage search, environmental search and metalliferous mining search, and the level of these costs can depend on the exact location and size of the property.
HM Land Registry registration fee: £20.00 - £1105.00 (non-vatable)
This will be dependent on the value of the property and whether an application can be made via the Land Registry Portal.
Stamp Duty Land Tax (on purchase)
This depends on the purchase price of your property. You can calculate the amount you will need to pay by using HMRC's website or if the property is in Wales by using the Welsh Revenue Authority’s website. We also charge an administrative fee of £40.00 plus VAT (£48.00 Inc. VAT) for completing and submitting the forms.
Electronic money transfer fee: £25.00 Plus VAT (£30.00 inclusive of VAT)
This is made up of a disbursement of £15 plus VAT, being the fee charged to us by our bank for transferring funds electronically and an administrative fee of £10 plus VAT.
Land Charges bankruptcy only searches: £6.00 per individual (non-vatable)
These searches are carried out immediately prior to completion. We must verify that there is no legal restriction on you receiving funds or purchasing property. Organisations can levy charges against a property that must be paid prior to you receiving funds or using funds to purchase a property
Q: How long will it take?
A: How long it will take from your offer being accepted until you can move into your house will depend on several factors. The average process takes between 8 - 16 weeks.
It can be quicker or slower, depending on the parties in the chain. For example, if you are a first-time buyer, purchasing a new build property with a mortgage in principle, it could take eight weeks. However, if you are buying a leasehold property that requires an extension of the lease, this can take significantly longer, between three and four months. In such a situation, additional charges would apply.
Stages of the Process
The precise stages involved in the purchase of a residential property vary according to the circumstances; however, these are some common steps.
Take your instructions and give you initial advice
Confirm your Identity
Check that finances are in place to fund the purchase and contact the 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 the seller's solicitor
Give you advice on all documents and information received
Go through the conditions of the mortgage offer with you
Send the final contract to you for signature
Agree on the 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 the lender, and you
Complete purchase
Deal with the payment of Stamp Duty/Land Tax
Deal with the application for registration at the Land Registry
Purchase of a freehold residential property
Our fees cover all the work required to complete the purchase of your new home, including dealing with registration at the Land Registry and dealing with the payment of Stamp Duty Land Tax (Stamp Duty) if the property is in England, or Land Transaction Tax (Land Tax) if the property you wish to buy is in Wales.
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