Our approach to fees
It is difficult to be precise about fees because not all transactions are the same and things can happen during the course of a transaction that could not have been anticipated at the start. However, we understand that clients are concerned about costs escalating and so we provide a fixed fee services aimed at keeping legal costs to an absolute minimum. If you instruct us, we will provide a costs estimate that will include full details of what is and is not included in our fees.
Our costs estimate will be based on information you provide about your needs and requirements. Fees can be affected by issues such as time sensitivity, leases, new-builds, private drainage, listed buildings, multiple titles and properties subject to tenancies.
The tables below provide an average fixed fee range for the type of transaction referred to. It assumes that the work is within our standard scope of work and has no unexpected complications or high priority. If there are any unexpected complications or items that are outside of our initial scope we will inform you as soon as we become aware and will discuss the potential consequences, before any additional charges are incurred.
| Cost £ | VAT £ | Total £ |
FREEHOLD SALES |
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No mortgage up to £300k | 1,450.00 | 290.00 | 1,740.00 |
With mortgage up to £300k | 1,500.00 | 300.00 | 1,800.00 |
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No mortgage up to £500k | 1,600.00 | 320.00 | 1,920.00 |
With mortgage up to £500k | 1,650.00 | 330.00 | 1,980.00 |
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No mortgage up to £750k | 1,750.00 | 350.00 | 2,100.00 |
With mortgage up to £750k | 1,800.00 | 360.00 | 2,160.00 |
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No mortgage up to £1m | 1,900.00 | 380.00 | 2,280.00 |
With mortgage up to £1m | 1,950.00 | 390.00 | 2,340.00 |
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Over £1m – for discussion |
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LEASEHOLD SALES |
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No mortgage up to £200k | 1,600.00 | 320.00 | 1,920.00 |
With mortgage up to £200k | 1,650.00 | 320.00 | 1,980.00 |
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No mortgage up to £500k | 1,750.00 | 350.00 | 2,100.00 |
With mortgage up to £500k | 1,800.00 | 360.00 | 2,160.00 |
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No mortgage up to £750k | 1,900.00 | 380.00 | 2,280.00 |
With mortgage up to £750k | 1,950.00 | 390.00 | 2,340.00 |
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Over £750k – for discussion Minimum £2,150.00 plus VAT |
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FREEHOLD PURCHASES |
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No mortgage up to £500k | 1,600.00 | 320.00 | 1,920.00 |
With mortgage up to £500k | 1,650.00 | 320.00 | 1,980.00 |
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No mortgage up to £750k | 1,750.00 | 350.00 | 2,100.00 |
With mortgage up to £750k | 1,800.00 | 360.00 | 2,160.00 |
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No mortgage up to £1m | 1,900.00 | 380.00 | 2,280.00 |
With mortgage up to £1m | 1,950.00 | 390.00 | 2,340.00 |
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Over £1m – for discussion Minimum £2,250.00 plus VAT |
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NB Add £400 plus VAT for new builds or social housing |
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LEASEHOLD PURCHASES |
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No mortgage up to £250k | 1,600.00 | 320.00 | 1,920.00 |
With mortgage up to £250k | 1,650.00 | 330.00 | 1,980.00 |
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No mortgage up to £500k | 1,750.00 | 350.00 | 2,100.00 |
With mortgage up to £500k | 1,800.00 | 360.00 | 2,160.00 |
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Over £500k – for discussion Minimum of £2,000 plus VAT |
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NB Add £400 for new builds or social housing |
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RE-MORTGAGES |
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Freehold | 1,200.00 | 240.00 | 1,440.00 |
Leasehold | 1,350.00 | 270.00 | 1,620.00 |
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RE-MORTGAGES AND TRANSFER OF EQUITY |
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Freehold | 1,350.00 | 270.00 | 1,620.00 |
Leasehold | 1,500.00 | 230.00 | 1,380.00 |
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TRANSFER OF EQUITY |
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No mortgage | 750.00 | 150.00 | 900.00 |
With mortgage | 1,000.00 | 300.00 | 1,800.00 |
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DECLARATION OF TRUST | 750.00 | 150.00 | 900.00 |
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LEASE EXTENSIONS |
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Acting for landlord | 1,350.00 | 270.00 | 1,920.00 |
Acting for tenant | 1,150.00 | 230.00 | 1,380.00 |
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EQUITY RELEASE | 1,500.00 | 300.00 | 1,800.00 |
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LR ID1 | 250.00 | 50.00 | 300.00 |
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VOLUNTARY 1ST REGISTRATION | 850.00 | 170.00 | 1,020.00 |
Additional fees and disbursements
Disbursements are expenses incurred that are payable to third parties, such as those listed below and, like VAT, are payable in addition to our fees. We deal with payment of these expenses on your behalf to ensure a smoother process.
How long will the transaction take?
A straightforward sale or purchase should exchange contracts within 8-12 weeks of a sale being agreed if matters proceed smoothly. If there is a chain, the process can be delayed due to matters beyond our control. Mortgage offers, delayed searches, management packs and information from third parties are all factors that can influence the time a transaction takes.
Who will work on my matter?
All work is carried out by a qualified lawyer. If you instruct us, we will advise you as soon as possible who will be working on your matter and who the supervisor is. Full details of our team are available for viewing on our website.