RESIDENTIAL FREEHOLD SALE
Our fees include all of the work required to complete the sale of your property.
| Sale Price | SOLICITORS FEES | TOTAL |
| Up to £200,000 | £500.00 £30.00 Fee -Electronic transfer of money plus VAT at prevailing rate | £636.00 + £32.40* £668.40 |
| £200,001 to £300,000 | £600.00 £30.00 Fee -Electronic transfer of money plus VAT at prevailing rate | £756.00 + £32.40* £788.40 |
| £300,001 to £400,000 | £700.00 £30.00 Fee -Electronic transfer of money plus VAT at prevailing rate | £876.00 + £32.40* £908.40 |
| £400,001 to £550,000 | £800.00 £30.00 Fee -Electronic transfer of money plus VAT at prevailing rate | £996.00 + £32.40* £1,028.40 |
| £550,001 to £675,000 | £900.00 £30.00 Fee -Electronic transfer of money plus VAT at prevailing rate | £1,116.00 + £32.40* £1,148.40 |
| £675,001 to £800,000 | £1000.00 £30.00 Fee -Electronic transfer of money plus VAT at prevailing rate | £1,236.00 + £32.40* £1,268.40 |
| £800,001 to £900,000 | £1,100.00 £30.00 Fee -Electronic transfer of money plus VAT at prevailing rate | £1,356.00 + £32.40* £1,388.40 |
| Over £900,000 | We will provide a personalised quotation. |
We all need to be conscious regarding identity theft. We will undertake appropriate Anti Money Laundering investigations.
Office copy entries need to be obtained normally £6.00 per transaction (but for leasehold anticipate an additional £12.00)
| *Anti-Money Laundering fee £4.80 per person Risk Management Fee £22.80 | £9.60 (based on joint ownership) £22.80 |
RESIDENTIAL LEASEHOLD SALE
Above fees plus £120.00 (VAT included at 20%)
Any leasehold sale includes significantly more work hence the higher fee.
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.
Office copy entries need to be obtained normally £7.20 per transaction (but for leasehold anticipate an additional £14.40)
Please also note that there are additional disbursements payable for Leasehold properties information is required to be obtained from the Landlord and/or Management Company. Their fee for providing information varies from £100.00 plus VAT to £400 plus VAT in most cases.
TIMESCALES
How long it will take from you accepting an offer until you can complete on your house will depend on a number of factors. The average process takes between 8-10 weeks from when contract papers are issued.
It can be quicker or slower, depending on parties in the chain. For example, if your buyer is a first-time buyer and you are selling a freehold property and you are not buying on, it could take 4-6 weeks from when contract papers are issued. However, if your buyer is also selling and you are selling a leasehold flat, this can take significantly longer, between 16-20 weeks.
STAGES OF THE PROCESS
The precise stages involved in the sale of a residential property vary according to the circumstances. Below are some key stages:
- Take your instructions and give you initial advice
- Obtain title documents from Land Registry and ensure you are the legal owner
- Obtain a redemption statement from your current lender (if applicable)
- Prepare and issue contract documents
- Deal with any enquiries raised by the buyer’s solicitors
- Obtain further planning documentation if required
- Review and approve the Draft Transfer
- Give you advice on all documents and information received
- Send final contract to you for signature
- Agree completion date (date from which you no longer 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
- Complete purchase
- Pay off any mortgage and estate agents fees
- Forward the sale proceeds to you