Conveyancing Price Information

CONVEYANCING

How much will my sale or purchase cost?

We charge on a fixed fee basis with no hidden charges.

Costs range from £500 plus VAT to £4,000 plus VAT depending on the property price, location and whether the property is freehold or leasehold; our average fees are shown below.

Average sale cost is £903.00		Average purchase cost is £1,446.00		Average remortgage cost is £1066.00
(example: freehold sale at £170,000 with a mortgage of a registered title)		(example: freehold purchase at £220,000 with a mortgage of a registered title)		(example: freehold residential home remortgage at £185,000 with a registered title)
Legal Fees	£650 + VAT*	Legal Fees	£800 + VAT*	Legal Fees	£700 + VAT*
Bank Transfer & AML fees	£105 inc VAT*	Bank Transfer & AML fees	£105 inc VAT*	Bank Transfer & AML fees	£105 inc VAT*
Land Registry fees	£6.00	Land Registry costs	£142	Land Registry Costs	£37
Digital Storage and Archiving	£10 plus VAT*	Search	£ 95	Mortgage Handling Fee	£72 inc VAT*
		Mortgage Handling Fee	£72 inc VAT*	Digital Storage and Archiving	£10 plus VAT*
		SDLT Return Submission Charge	£60 inc VAT*
		Digital Storage and Archiving	£10 plus VAT*

* current VAT is 20%

How long should my sale or purchase take?

This is determined by many factors but usually a sale or purchase can be completed in around 10-16 weeks.

What will we do?

Included in the costs set out above is the following work:

On a purchase we will:

Verify your identity and source of funds
Review the contract pack supplied to us by the seller
Obtain and report to you on the results of any searches that you have requested
Raise any necessary legal enquiries with the other solicitor
Approve the contract, transfer deed and mortgage deed as applicable
Report to you to confirm the terms of your mortgage if applicable
Report to you on the legal title to the Property you are buying and discuss any concerns
Complete the purchase, file the stamp duty return and register it at the Land Registry

On a sale we will:

Verify your identity and source of funds
and prepare a contract pack for the Buyer
Answer any necessary legal enquiries with the other solicitor
Approve the contract and transfer deed
Complete the sale, pay your mortgage and the estate agent’s fees from the sale monies.
Return any balance money to you as you direct

On a re-mortgage we will:

Verify your identity and source of funds
Obtain the title information and any searches needed by your lender
Raise any necessary enquiries with you
Report to you to confirm the terms of your mortgage
Complete the new mortgage, settle your old mortgage and register it at the Land Registry.

Are there any additional charges?

There may be, as not everything is usual or straightforward. The most common extra charges (including VAT) are for:

Leasehold property sale or purchase £480
Title Indemnity Insurance £60 and the cost of the Policy
Additional Bank transfers £45
Simple Declaration of Trust made in the transfer deed £240
Stamp Duty involving second properties (3% Stamp Duty surcharge) £120
Help to Buy ISA £60
Unregistered Property £240
Additional compliance work where the Building Safety Act applies to a leasehold flat £360

If additional work is required and this will incur further costs we will discuss with you why it is necessary and what options may be open to you before agreeing a fee for that work or carrying out the additional work.

Who will do my work?

Your work will be carried out by one of our team; usually the person who provides you with your personalised quote.

They will be your main point of contact and are there for you throughout the transaction. They are supervised by Adam Waller who is a Director of this firm and Head of Department.

Our legal advisors range from qualified solicitors and Chartered Legal Executives to conveyancers with years of on the job experience instead of academic qualifications. To find out more about our team members, click here.

As well as Hull, we have offices in both Cottingham and now Welton where we are bringing city centre services to your local community; with easier parking and Welton being just off the A63 what could be easier?