Conveyancing fees freehold and leasehold sale

Our fees cover all of the work* required to complete the sale of your home, including dealing with the repayment of any mortgages that you have on your property.

The precise stages involved in the sale of a residential freehold or leasehold property vary according to the circumstances. However, the list below highlights the main stages which may be included in our work:

  • Take your instructions and give you initial advice
  • Prepare and submit contract documents
  • Obtain planning documentation if required
  • Answer any enquiries raised by buyer’s solicitor
  • Give you advice on all documents and information received
  • Arrange for final contract and documents to be signed by you
  • Approve draft Transfer
  • Agree completion date (date from which you will cease to own the property)
  • Exchange contracts and notify you that this has happened
  • Obtain mortgage repayment figures (if applicable)
  • Complete sale
  • Repay any existing mortgage

Estimated Fees

Our fees are based on the value of the property to be sold.  As an example our fees and disbursements ** for a £180k freehold sale are as set out below;

Legal fee

740.00

ID fee (if we haven’t acted for you in last 3 years)

8.33

Electronic money transfer fee (to repay any mortgage)

30.00

VAT payable on fees

155.67

HM Land Registry fees

6.00

Estimated total

940.00


Unlike some firms we do not charge an additional legal fee for dealing with your mortgage.  We also do not pay referral fees to estate agents or third parties.

Please note that if the property is leasehold a further legal fee of £250 + VAT (£300 in total) will be charged for the extra work involved in dealing with the leasehold aspect.

* The above estimated fees are given on the basis that the following points apply;

  1. this is a standard transaction and that no unforeseen matters arise including for example (but not limited to) a defect in title which requires remedying prior to completion or the preparation of additional documents ancillary to the main transaction
  2. this is the assignment of an existing lease and is not the grant of a new lease (if leasehold)
  3. the transaction is concluded in a timely manner and no unforeseen complications arise
  4. all parties to the transaction are co-operative and there is no unreasonable delay from third parties providing documentation
  5. no indemnity policies are required. Additional disbursements may apply if indemnity policies are required.

**  What are Disbursements?

Disbursements are costs related to your matter that are payable to third parties, such as H M Land Registry fees. We handle the payment of the disbursements on your behalf to ensure a smoother process.

How long will my house sale take?

From accepting your buyers’ offer to your house sale going through will depend on a number of factors. The average process takes between 6-12 weeks. It can be quicker or slower, depending on the parties in the chain.

Accreditations

 

Authorised and Regulated by the Solicitors Regulation Authority. SRA Number: 52592. Legal Information

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