RESIDENTIAL FREEHOLD PURCHASE

Our fees include 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 if the property is in England, or Land Transaction Tax if the property is in Wales.

PURCHASE PRICESOLICITORS FEESTOTAL
Up to £100,000£475.00 Fees
£50.00 SDLT return
£30.00 Fee -Electronic transfer of money plus VAT at prevailing rate
£666.00 + £32.40
£698.40
£100,001 to £175,000£500.00 Fees
£50.00 SDLT return
£30.00 Fee -Electronic transfer of money plus VA T at prevailing rate
£696.00 + £32.40
£728.40
£175,001 to £250,000£550.00 Fees
£50.00 SDLT return
£30.00 Fee -Electronic transfer of money plus VAT at prevailing rate
£756.00 + £32.40
£788.40
£250,001 to £350,000£675.00 Fees
£50.00 SDLT return
£30.00 Fee -Electronic transfer of money plus VAT at prevailing rate
£906.00 + £32.40
£938.40
£350,001 to £500,000£725.00 Fees
£50.00 SDLT return
£30.00 Fee -Electronic transfer of money plus VAT at prevailing rate
£966.00 + £32.40
£998.40
£500,001 to £750,000£950.00 Fees
£50.00 SDLT return
£30.00 Fee -Electronic transfer of money plus VAT at prevailing rate
£1,236.00 + £32.40
£1,268.40
Purchase price exceeding
£750,000
We will provide a personalised quotation.

We all need to be conscious regarding identity theft.  We will undertake appropriate Anti Money Laundering investigations at £4.80 per person.

Our risk management fee ensures your house purchase completes without hitch. 

*Anti-Money Laundering fee £4.80 per person  
Risk Management Fee £22.80
£9.60 £22.80

RESIDENTIAL LEASEHOLD PURCHASE

Above fees plus £240.00 (VAT included at 20%).

Any leasehold purchase includes significantly more work hence the higher fee.

RESIDENTIAL FREEHOLD PURCHASE DISBURSEMENTS (current as at August 2021)

A disbursement is money that we spend on your behalf. We make no profit and simply charge you the fee that we get charged by our suppliers.

The purpose of any search is to try and find out anything untoward regarding the property before you are committed to buy.

The seller is not obliged to tell you anything so it is very much a case of a “let buyer beware.”

We would anticipate the following searches in most purchases.

Description Amount Commentary
Local Authority Search Fee

Liverpool
Wirral
Knowsley
St Helens
Sefton
Halton  
£87.00
£104.20
£85.80
£190.60
£105.00
£126.00  
The fee varies depending upon the appropriate Local Authority of the area in which you purchase. Unless you are a cash purchaser the search is compulsory.
Drainage search   £72.00 Now required by most mainstream lenders. Water on a meter? Mains drainage?
Environmental Search £61.20 Now required by most mainstream lenders. You are responsible for any environmental disasters there might be lurking in the soil!
Coal mining search £50.40 Essential in those areas where coal mining was previously undertaken.
Bankruptcy Search £2.40 per person This is essential in every case. A bankrupt cannot buy property.
Land registry priority search £3.60 Essential in every case and enables your purchase (and mortgage) to be protected until it is registered at the land registry.
Land registry fees

Up to £80,000
£80,001 to £100,000
£101,000 to £200,000
£200,001 to £500,000
£500,001 to £1,000,000
£1,000,001 and over


£20.00
£40.00
£95.00
£135.00

£270.00

£455.00
Your details need to be entered at the Land Registry and the former owner(s) details removed.
These fees apply when the application is made electronically something we seek to do in every single case. The fee doubles if submitted non-electronically.
Stamp Duty Land Tax

Property purchase price

Up to £125,000

The next £125,000
(the portion from £125,001 to
£250,000)

The next £675,000
(the portion from £250,001 to
£925,000)

The next £575,000 (the
portion from £925,001 to
£1.5 million)

The remaining amount
(the portion above £1.5
million)
Zero

2%

5%

10%

12%
This depends on the purchase price of your property. You can calculate the amount you will need to pay by using HMRC’s website or if the property is located in Wales by using the Welsh Revenue Authority’s website.

Can SDLT be avoided? No. And if I don’t pay? Penalties imposed by HMRC.

Please note if your purchase results in you owning more than 1 property the SDLT rates will increase. Please contact us for further information in this regard.  

RESIDENTIAL LEASEHOLD PURCHASE DISBURSEMENTS

Above fees plus Leasehold Notice Fees which range from £50.00 plus VAT to £250.00 plus VAT. Further fees should be anticipated for the following:

  • Notice of Transfer and Charge
  • Deed of Covenant
  • Certificate of Compliance
  • Licence to Assign
  • Share Certificate

Please note that the above are not required for every transaction as all Leasehold properties vary but they are listed for information purposes.

TIMESCALES

How long it will take from your offer being accepted until you can move into your house will depend on a number of factors. The average process takes between 8-10 weeks from when contract papers are received.

It can be quicker or slower, depending on parties in the chain. For example, if you are a first-time buyer purchasing a freehold property with a mortgage in principle and your seller is not buying on, it could take 4-6 weeks from when contract papers are received. However, if you are purchasing a leasehold flat and your seller is also buying a property, this can take significantly longer, between 12-16 weeks.

STAGES OF THE PROCESS

The precise stages involved in the purchase of a residential property vary according to the circumstances. Below are some key stages:

  • 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
  • Draft Transfer
  • 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)
  • Prepare bill and completion statement and forward to you in advance of Exchange and Completion
  • Exchange contracts and notify you that this has happened
  • Obtain pre-completion searches
  • 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