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Purchase of a freehold residential property - Guide to our Fees

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 dealing with the payment of Stamp Duty Land Tax (Stamp Duty) if the property is in England, or Land Transaction Tax (Land Tax) if the property you wish to buy is in Wales.

Conveyancer's fees and disbursements

  • Legal fee:
    £870.00 if purchase price is between £0 - £250,000
    £975.00 if purchase price is between £250,001 - £500,000
    £1,200.00 if purchase price is between £500,001 - £800,000
    £1,500.00 if purchase price is between £800,001 - £1,000,000
    £1,900.00 if purchase price is between £1,000,001 - £1,500,000
  • Search fees £300 (estimated but this depends on area)
  • HM Land Registry fee – see table below:
    Value or amount Fee where property already registered but fee will be higher where the property is unregistered
    0 to £80,000 £20
    £80,001 to £100,000 £40
    £100,001 to £200,000 £95
    £200,001 to £500,000 £135
    £500,001 to £1,000,000 £270
    £1,000,001 and over £455

  • Electronic money transfer fee £42
  • VAT payable on our fees mentioned above at a rate of 20%
Disbursements
Disbursements are costs related to your matter that are payable to third parties, such as Land Registry fees. We handle the payment of the disbursements on your behalf to ensure a smoother process.

Stamp Duty Land Tax
This depends on the purchase price of your property. You can calculate the amount you will need to pay by using HMRC's website https://www.tax.service.gov.uk/calculate-stamp-duty-land-tax/#/intro or if the property is located in Wales by using the Welsh Revenue Authority's website here https://beta.gov.wales/land-transaction-tax-calculator

How long will my house purchase take?
How long it will take from your offer being accepted until you can move in to your house will depend on a number of factors. The average process takes between 6-8 weeks.

It can be quicker or slower, depending on the parties in the chain. For example, if you are a first time buyer, purchasing a new build property with a mortgage in principle, it could take 4-6 weeks.

Stages of the Process
The precise stages involved in the purchase of a residential property vary according to the circumstances. However, the below details will give you an idea of the 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
  • 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)
  • Exchange contracts and notify you that this has happened
  • 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


*Our fee assumes that:
  • this is a standard transaction and that no unforeseen matters arise including for example (but not limited to) a defect in title which requires remedying prior to completion or the preparation of additional documents ancillary to the main transaction
  • the transaction is concluded in a timely manner and no unforeseen complication arise
  • all parties to the transaction are co-operative and there is no unreasonable delay from third parties providing documentation
  • no indemnity policies are required. Additional disbursements may apply if indemnity policies are required.

We are a member of Watford Business Club