SPECIALISTS IN Residential & Commercial Property | Private Client Services | Family | Litigation | Mediation
Lock and Marlborough
Solicitors and Mediators

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Residential Property

We deal with residential house and flat sales and purchases and re-mortgages. Our fees are shown below but we would emphasise that they are a guide and for illustrative purposes only; we will always be very happy to discuss a more personalised quotation to match your requirements.

Fees

The fees set out below are a general guide. We can offer a more personalised quote if you telephone us and provide details of your circumstances and the property you wish to purchase or sell. We will, of course, minimise costs wherever possible without affecting the quality of service we provide. Our fees cover all of the work required to complete the purchase of your new home including dealing with registration at the Land Registry and the payment of Stamp Duty Land Tax (stamp duty), the amount payable depends on the buyers’ status under the new rules and the purchase price of the property.

Freehold Purchase

Costs will vary between £995 and £1500 plus VAT and disbursements depending on the purchase price of the property.

Disbursements:-

  • Search fees – in the region of £300 depending on local authority fees, includes additional searches for drainage, environmental and plan search which we always recommend.
  • HM Land Registry fee is based on the value of the property.
  • As we are electronically linked to the Land Registry and submit registrations online, the fee is 50% of the normal fee.
  • Money transfer fee - £30 plus VAT, this includes the Bank fee
  • There are no referral fees payable.
  • Stamp Duty online fee - £50 plus VAT
  • Mortgage Lender fee - In addition, where you are obtaining a mortgage we can confirm that we act for the majority of main lenders avoiding the need for an additional solicitor being involved which would increase the cost could cause delays. There is a standard charge of £145 plus VAT for acting for the lender and registering the lenders mortgage on the property after completion.  

Freehold Sale

Costs will vary between £950 and £1500 plus VAT and disbursements depending on the purchase price of the property.

Disbursements:-

  • Money transfer fee - £30 plus VAT, this includes the Bank fee
  • Copies of Land Registry documents - £3 per document

Leasehold Purchase

If the property you are acquiring is leasehold or includes a share of the freehold our costs will be between £1150 and £1600 plus VAT and disbursements, but this may also include carrying out any additional work such as dealing with a share of the freehold. In addition there will be disbursements but these will depend on the purchase price.

Disbursements:-

  • Search fees – in the region of £300 depending on local authority fees, includes additional searches for drainage, environmental and plan search which we always recommend.
  • HM Land Registry fee is based on the value of the property.
  • As we are electronically linked to the Land Registry and submit registrations online, the fee is 50% of the normal fee.
  • Money transfer fee - £30 plus VAT, this includes the Bank fee
  • There are no referral fees payable.
  • Stamp Duty online fee - £50 plus VAT
  • Mortgage Lender fee - In addition, where you are obtaining a mortgage we can confirm that we act for the majority of main lenders avoiding the need for an additional solicitor being involved which would increase the cost could cause delays. There is a standard charge of £145 plus VAT for acting for the lender and registering the lenders mortgage on the property after completion.  

Leasehold Sale

Costs will be between £1150 and £1500 plus VAT and disbursements

Disbursements:-

  • Money transfer fee - £30 plus VAT, this includes the Bank fee
  • Copies of Land Registry documents - £3 per document
  • If licence to assign is required from the landlords or management company there will be an extra fee payable of £150 plus VAT

Re-mortgage

We have a set fee for acting for yourself and the lender of £495 plus VAT and disbursements. We can often avoid carrying out additional searches by taking out an indemnity insurance thereby saving this cost of searches if the property is owned by you. The typical cast of the indemnity insure is about £60, a saving of over £200 on doing additional searches. This is subject to the mortgage provider’s agreement.

These fees do vary from property to property and can on occasion be more than the ranges stated above but we can give an accurate figure when we have had sight of your specific documents, and in some cases the fees may be lower.

 



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