Fees
Legal Fees (not including Stamp Duty Land Tax, Disbursements or VAT):
| Price of Property: | Sale Fee (net of VAT) | Purchase Fee (net of VAT): |
| Up to £99,000 | £760 | £810.00 |
| £100,000 – £149,999 | £810 | £860.00 |
| £150,000 – £199,999 | £860 | £910.00 |
| £200,000 – £249,999 | £910 | £960.00 |
| £250,000 – £299,999 | £960 | £1,010.00 |
| £300,000 – £349,999 | £1,010 | £1,060.00 |
| £350,000 – £399,999 | £1,070 | £1,150.00 |
| £400,000 – £499,999 | £1,240 | £1,320.00 |
| £500,000 and above | £1,340 (+£150 per extra £100,000) | £1,320.00 (+£150 per extra £100,000) |
| Leasehold (to include Freehold with service charge) or Mortgage | Above + £150 for Mortgage & £250 for Leasehold | Above + £250 for each of Leasehold & Mortgage |
Disbursements on a typical Purchase of a Residential Property:
| CHAPS Transfer Fee | None |
| Search Fees | £400.00 – £450.00 approximately depending on which searches are required and in which area (inc VAT) |
| Chancel Indemnity Insurance | Approx. £20.00 inc Insurance Premium Tax |
| Bankruptcy Search (per individual) | £2.00 per buyer |
| Land Registry Search (per title) | £3.00 per title |
| Land Registration Fee | Varies depending on price of property. |
| Stamp Duty Land Tax | Varies depending on price of property. You can calculate the amount you will need to pay by using the HMRC’s website – www.tax.service.gov.uk/calculate-stamp-duty-land-tax. |
Anticipated Added Disbursements on a Leasehold Purchase:
| Notice of Transfer Fee | This fee if chargeable is set out in the lease. Often the fee is anything between £50.00 + VAT and £200.00 + VAT (but this will depend). |
| Notice of Charge Fee (If the property is to be mortgaged) | This fee is set out in the lease. Often the fee is anything between £50.00 and £200.00 (but this will depend). |
| Deed of Covenant Fee | This fee is provided by the Management Company for the property and can be difficult to estimate. Often the fee is anything between £50.00 and £200.00 (but this will depend). |
| Certificate of Compliance Fee | To be confirmed upon receipt of the lease, and can range between £50.00 and £200.00 (but this will depend). |
Please note that these fees will vary from property to property and can on occasion be significantly more than the ranges given above, particularly where the property is a new build. We can give you an accurate figure once we have sight of your specific documents.
Disbursements on a typical Sale of a Freehold Residential Property:
| CHAPS Transfer Fee | None |
| Office copy of the Title | £3.00 (+£3.00 per additional copy document that may be required) |
| Office copy of the plan | £3.00 |
Disbursements on a typical sale of a Leasehold Residential Property:
| CHAPS Transfer Fee | None |
| Office Copies | £12.00 (+£3.00 per additional copy document that may be required) |
| Freeholder/Management Company leasehold information pack | This figure varies and charges are typically between £75.00 plus VAT and £300.00 plus VAT |
| Certificate of Compliance Fee | To be confirmed upon receipt of the lease, and can range between £50.00 and £200.00 (but this will depend). |