Our conveyancing experts offer residential property expertise and advice for both sales and purchases or when buying as an investment or buy to let.
Working to the highest standards, our experienced conveyancing solicitors aim to make the buying and selling process as quick and easy as possible.
Disbursements for Sale of Residential Property
In addition to our fees, the following disbursements are payable on the sale of a property (all plus VAT):
The fees below relate to either the sale or purchase of freehold property. There is an additional charge of £100 for any leasehold properties.
Office copies and plan – £6 VAT (charged at 20%)
Telegraphic transfer fee – £30 VAT (charged at 20%)
Preparation of Stamp Duty Land Tax Form – £50 VAT (charged at 20%)
Closing file fee – £10 VAT (charged at 20%)
Telegraphic Transfer Fee – Dependent on charge to us
Search pack (includes Local Authority Search, Environmental Search and Drainage Search as charged) – £260 (usual cost) VAT (charged at 20%)
Timescales
A transaction will usually take between 3 – 6 months to conclude.
COSTS | FEE | VAT | TOTAL | LAND REG. REGISTERED | STAMP DUTY THRESHOLD | |
£500,000 | ||||||
£0 | £80,000 | £690 | £138 | £828 | £20 | |
£80,001 | £100,000 | £690 | £138 | £828 | £40 | |
£100,001 | £150,000 | £720 | £144 | £864 | £95 | |
£150,001 | £200,000 | £780 | £156 | £936 | £95 | |
£200,001 | £250,000 | £805 | £161 | £966 | £135 | |
£250,001 | £300,000 | £860 | £172 | £1,032 | £135 | |
£300,001 | £400,000 | £920 | £184 | £1,104 | £135 | |
£400,001 | £500,000 | £980 | £196 | £1,176 | £135 | |
£500,001 | £700,000 | £1,090 | £218 | £1,308 | £270 | 5% |
£700,001 | £900,000 | £1,440 | £288 | £1,728 | £270 | 5% |
£900,001 | £100,00,000 | £1,840 | £368 | £2,208 | £270 | 10% |
On a retirement property Transfer fee or contingency fee payable to the Landlord. Approximately 1% of the purchase price
Example
If you buy a house for £275,000, the SDLT you owe is calculated as follows:
0% on the first £125,000 = £0
2% on the next £125,000 = £2,500
5% on the final £25,000 = £1,250
Total SDLT = £3,750
Qualifications
The legal work will be carried out by Anthony Wade (Principal Solicitor) or Sharon Lightwood (Conveyancer).
Anthony Wade is a Principal Solicitor and has been qualified for over 50 years. Sharon Wade is a Conveyancer with over 25 years of experience in this field.
What work is included
The legal fees set out above include dealing with a purchase or sale of a property from taking initial instructions to completion of purchase or sale of property and dealing with any relevant bodies such as the Land Registry.
The following work is included:
Sale
Purchase
Valid as at 4th February 2021