Conveyancing Additional Fees
The below fee items may be payable in addition to our estimated fees dependent upon the particular facts and circumstances of your transaction and/or the requirements of other parties such as your mortgage lender. All fees stated are exclusive of VAT, where applicable. The fees are subject to change and any fees outside of the estimate below will be notified to you in advance.
Bespoke Solicitor Service
Our Estimate of fees is aimed to be competitive and is based upon a standard transaction being conducted within a reasonable timescale. Should your matter become complex, high value, require personal attention from an experienced property lawyer, dealings with an unrepresented party, requires face to face meetings, or should you wish to utilise this service, please advise us.
Approximately £350 - £450
Expedition Fee
Applicable only when we are are required to expedite your matter before other more standard transactions including completing within 7 days of exchange, dealing with a contract race, dealing with daily communication requests, simultaneous exchange & completion, or completing a matter within 21 days of receiving a suitable contract package.
Approximately £195
Deed of Covenant, Licence to Occupy, Licence to Assign, Notices to Complete and Undertakings
In the event of a late completion and/or Notice to Complete being served, or if any of the above documents are required to be drafted or provided on your behalf.
Approximately £250 (unless an hourly rate is advised)
Drafting of Assured Short hold Tenancy and Powers of Attorney
Our drafting costs for these documents, should they be required.
Approximately £350
Declaration of Trust
Our drafting costs, should this document be required.
Approximately £250 - 500
Lasting Powers of Attorney ("LPA") and Probate Properties
Additional work required for dealing with LPA’s and probate properties.
Approximately £150
New-Build Plots, Part Exchanges, Commercial, Buy-to-Let, Land Purchases, Auctions, Repossessions, Shared Ownership & Equity Release
Applicable only when dealing with any of the above transaction types (cost plus Land Registry fee & SDLT).
Approximately £350 - £550
Assignment and Re-assignment of Life Policies
Applicable when you instruct us to undetake this work. We do not automatically assign or re-assign life policies as part of our standard process.
Approximately (per policy) £95
Removal of second & subsequent Charges, Notices & Restrictions, and unsecured Loans/Credit cards
Applicable only when we are required to register on your behalf or deal with the payment of, excluding the transfer of charges, such as Legal Aid charges or dealing with charging orders which shall be additional work.
Approximately £125 (per charge, plus expenses)
First Registration
Applicable only when your property requires registration for the first time at Land Registry or where you wish to merge the Freehold and the Leasehold Title.
Approximately £250 (plus additional Land Registry fee)
Deed of Postponement
Applicable when arranging for a second or subsequent loan to remain on your property deeds.
Approximately £250 (plus expenses)
Transfer of Equity
Applicable when transferring names on or off the property deeds.
Approximately £250 - £500 (plus Land Registry fee and SDLT)
Leasehold charges and dealing with Management Companies
The additional work required and expenses charged by Management companies, freeholders and others in respect of the acquisition of management information, share certificate, notice of charge, engrossment fees, compliance certificates and other similar charges.
Approximately £50 - £550
Mining / Additional searches and title / building insurance fee
Applicable if your transaction involves property within an existing or past mining area or other searches are required, such as flood or planning reports or where we are required to put in place an insurance policy on your behalf
Approximately £50 (per search or policy)
Same-day bank Transfer Administration Fee
Applicable if additional same-day bank transfers are required.
Approximately £30 (per additional transfer)
Acting for Lender Fee
These are the costs involved in dealing with your new mortgage lenders requirements and/or discharging an existing mortgage. These costs will increase if your lender is not mainstream or you are obtaining bridging finance. The cost excludes complying with special conditions in your mortgage offer which shall be charged as additional work.
Approximately £250
Leasehold Fee
These are the costs involved where your transaction involves leasehold property excluding any additional fees and expenses for dealing with improvement notices, deeds of covenant, notice of transfer, compliance and management charges.
Approximately £275
A separate estimate of costs shall be required for lease extensions, service charge disputes, and deeds of variations
Retentions
Additional workrequired for dealing with retentions on your behalf where completion funds are held back for reasons relating to the transaction such as when final costs remain to be determined.
Approximately £125
SDLT Submission Fee
Stamp Duty Land Tax (SDLT) is payable to the Government if purchasing a property valued above certain thresholds. SDLT is a tax on transactions, not documents. When you buy a property or land, you must complete a Land Transaction Return (SDLT1) and send it to HMRC. Legally, you are responsible for the information submitted. Unless you are exempt or advise us to the contrary, we shall complete this on your behalf and this is our cost associated with providing this service. Should you wish to complete the form to save this cost, please provide us with your mortgage lender’s consent.
Approximately £125
Lender Portal Fee
Any fees that may be required as a result of your mortgage lender requiring us to update and/or access documents from a fee charging portal.
Approximately £95
Gifted Deposit Fee
If you are obtaining a gift from a family member for your deposit, this will incur additional legal work on top of our standard charges.
Approximately £150
Lawyer anti-fraud check fee
Our charges for verifying any other solicitors involved in your transaction to guard against potential fraud.
Approximately £150
Additional AML/Source of Funds
Our charges for undertaking any additional anti-money laundering or source of funds checks including the cost of any third party electronic verification provider.
Approximately £150
Solar Panel and Sceptic Tank Fees
Additional charges for dealing with properties with solar panels, wind turbines, sceptic tanks or other private drainage.
Approximately £150
Building Safety Act (“BSA”) fee
Additional charges for dealing with the requirements of the BSA.
Approximately £150
Third Party Lawyer/Unrepresented Party fee
Our charges for dealing with different lawyers who may be acting for you on different matters such as in matrimonial proceedings or for dealing with an unrepresented party.
Approximately £150