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 £100,000  £610£660.00
£100,000 – £150,000  £660£710.00
£150,000 – £200,000  £710£760.00
£200,000 – £250,000  £760£810.00
£250,000 – £300,000  £810£860.00
£300,000 – £350,000  £870£940.00
£350,000 – £400,000  £960£1,020.00
£400,000 – £500,000  £1,040£1,110.00
£500,000 and above  £1,160 +£1,240.00 +
Leasehold  Above + £100Above + £150

 

Disbursements on a typical Purchase of a Residential Property:

CHAPS Transfer FeeNone
Search Fees£350.00 – £400.00 approximately depending on which searches are required and in which area (inc VAT)
Chancel Indemnity InsuranceApprox. £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 FeeVaries 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 FeeThis 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 FeeThis 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 FeeTo 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. 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 FeeNone
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 FeeNone
Office Copies£12.00 (+£3.00 per additional copy document that may be required)
Freeholder/Management Company leasehold information packThis figure varies and charges are typically between £75.00 plus VAT and £300.00 plus VAT
Certificate of Compliance FeeTo be confirmed upon receipt of the lease, and can range between £50.00 and £200.00 (but this will depend).