Purchase of a freehold residential property
Please use our online calculator for an immediate quotation
Our fees cover all of 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
Conveyancer's fees – Please use our online calculator for an immediate quotation
What Might Affect our Fees
Factors that may lead to an increase in our fees include:
- If a legal title is defective or part of the property is unregistered
- If you discover building regulations or planning permission has not been obtained
- If crucial documents, we have previously requested from you have not been provided to us
- If you need us to expedite the transaction and exchange contracts and complete within four weeks of instructing us
- If you have separate representation from any mortgage lender
How long will my house purchase take?
How long it will take from your offer being accepted until you can move in to your house will depend on a number of factors. The average process takes between one and three months
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 one to three months. However, if you are buying a leasehold property that requires an extension of the lease, this can take significantly longer, between 3 and 6 months. In such, a situation additional charges would apply.
What we do stages of the process
The precise stages involved in the purchase of a residential property vary according to the circumstances. However, below are some key stages in an average transaction.
· Take your instructions and give you initial advice
· Check finances are in place to fund purchase and contact 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 seller's solicitor
· Give you advice on all documents and information received
· Go through conditions of mortgage offer with you
· Send final contract to you for signature
· Agree 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 lender and you
· Complete purchase
· Deal with payment of Stamp Duty/Land Tax
· Deal with application for registration at Land Registry
What We Don’t Do
- Advise on tax as this is a specialist area;
- Advise on insolvency matters;
- Advise on any other matter without first agreeing the fee with you
Disbursements
What are Disbursements?
Disbursements are costs related to your matter that are payable to third parties, such as Land Registry fees. We handle the payment of the disbursements on your behalf to ensure a smoother process.
What Search’s am I likely to need?
- Property (includes local authority, drainage and environmental searches)
- Mining Search
These is will automatically calculated for you using our online calculator and may change if the circumstances of your transaction changes for instance if a mine shaft appears on the mining search a further report may be required.
Land Registry Fee
This will depend on the purchase price of your property and will be automatically calculated for you when using our inline calculator. Alternatively, you can visit HMRC's website
Stamp Duty Land Tax
This will depend on the purchase price of your property and will be automatically calculated for you. Alternatively you can visit HMRC's website or if the property is located in Wales by using the Welsh Revenue Authority's website here.
Referral Fees
We work with local and national estate agents and introducers throughout England and Wales. The average fee paid is between £50 plus VAT of £10 and £150 plus VAT of £30
Purchase of a freehold residential property
Please use our online calculator for an immediate quotation
Our fees cover all of 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
Conveyancer's fees – Please use our online calculator for an immediate quotation
What Might Affect our Fees
Factors that may lead to an increase in our fees include:
- If a legal title is defective or part of the property is unregistered
- If you discover building regulations or planning permission has not been obtained
- If crucial documents, we have previously requested from you have not been provided to us
- If you need us to expedite the transaction and exchange contracts and complete within four weeks of instructing us
- If you have separate representation from any mortgage lender
How long will my house purchase take?
How long it will take from your offer being accepted until you can move in to your house will depend on a number of factors. The average process takes between one and three months
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 one to three months. However, if you are buying a leasehold property that requires an extension of the lease, this can take significantly longer, between 3 and 6 months. In such, a situation additional charges would apply.
What we do stages of the process
The precise stages involved in the purchase of a residential property vary according to the circumstances. However, below are some key stages in an average transaction.
· Take your instructions and give you initial advice
· Check finances are in place to fund purchase and contact 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 seller's solicitor
· Give you advice on all documents and information received
· Go through conditions of mortgage offer with you
· Send final contract to you for signature
· Agree 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 lender and you
· Complete purchase
· Deal with payment of Stamp Duty/Land Tax
· Deal with application for registration at Land Registry
What We Don’t Do
- Advise on tax as this is a specialist area;
- Advise on insolvency matters;
- Advise on any other matter without first agreeing the fee with you
Disbursements
What are Disbursements?
Disbursements are costs related to your matter that are payable to third parties, such as Land Registry fees. We handle the payment of the disbursements on your behalf to ensure a smoother process.
What Search’s am I likely to need?
- Property (includes local authority, drainage and environmental searches)
- Mining Search
These is will automatically calculated for you using our online calculator and may change if the circumstances of your transaction changes for instance if a mine shaft appears on the mining search a further report may be required.
Land Registry Fee
This will depend on the purchase price of your property and will be automatically calculated for you when using our inline calculator. Alternatively, you can visit HMRC's website
Stamp Duty Land Tax
This will depend on the purchase price of your property and will be automatically calculated for you. Alternatively you can visit HMRC's website or if the property is located in Wales by using the Welsh Revenue Authority's website here.
Referral Fees
We work with local and national estate agents and introducers throughout England and Wales. The average fee paid is between £50 plus VAT of £10 and £150 plus VAT of £30
