Our fees cover the work* required to complete the sale of your property, 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:
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Estimated Fees
Our fees are based on the value of the property to be sold.
Our standard legal fees range from £1,050 to £2,100 plus VAT at 20% for property sale values from £60,000 to £1million. All other applicable disbursements** will be at the values set out in the example below.
As an example, our fees and disbursements ** for a £180k freehold sale are as set out below:
Legal fee |
1,050.00 |
Electronic ID verification fee (if we haven’t acted for you in last 3 years) |
14.00 |
Electronic money transfer fee (to repay any mortgage) |
30.00 |
VAT payable on fees |
218.80 |
HM Land Registry official copy of register |
6.00 |
Estimated total
|
1,318.80
|
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.
That said, there may be instances where considerable further legal work may be needed once we have inspected the title. If it is not a straightforward freehold sale, further fees as below will be charged:
Please also note that if the property is leasehold a further legal fee of £450 + VAT (£540 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;
** 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.
Authorised and Regulated by the Solicitors Regulation Authority. SRA Number: 52592. Legal Information ..