Residential Conveyancing Pricing

Whether you are a first-time buyer or an investor, we are here to take the stress out of buying and selling a home.  We will guide you through each step of the transaction and tailor our service to your personal requirements, so you get exactly the service you need.

Pricing

We typically work on a fixed fee basis, so that from the outset you will know what the fees will be for your transaction.

If during the transaction there is a new development or the matter becomes more complicated than envisaged at the outset, we will discuss the change in fees with you and agree a way forward.

Sales

Type

Fees

Freehold Sale up to £500,000

£1200 plus VAT

Freehold Sale over £500,000

£1400 plus VAT

Freehold Sale over £750,000

£1600 plus VAT

Freehold Sale over £1 million

Please contact us and we will provide a quote based on the individual circumstances

Leasehold Sale up to £500,000

£1400 plus VAT

Leasehold Sale over £500,000

£1600 plus VAT

Leasehold Sale over £750,000

£1800 plus VAT

Leasehold Sale over £1 million

Please contact us and we will provide a quote based on the individual circumstances

Purchases

Type

Fees

Freehold Purchase up to £500,000

£1400 plus VAT

Freehold Purchase over £500,000

£1600 plus VAT

Freehold Purchase over £750,000

£1800 plus VAT

Freehold Purchase over £1 million

Please contact us and we will provide a quote based on the individual circumstances

Leasehold Purchase up to £500,000

£1750 plus VAT

Leasehold Purchase over £500,000

£1950 plus VAT

Leasehold Purchase over £750,000

£2150 plus VAT

Leasehold Purchase over £1 million

Please contact us and we will provide a quote based on the individual circumstances

Remortgages

Remortgage (leasehold or freehold)

£950 plus VAT

Added to the above fees will be a completion administration fee of £30 plus VAT in respect of each electronic bank transfer.  This is to cover the large amount of time spent on actual completion, phoning all parties, giving email instructions to accounts and the banks to check on and effect electronic payments and ensure smooth running of completion.

There will also be a fee of £9.99 plus VAT for an electronic ID check per person.

The above prices do not relate to any Deputyship residential conveyancing carried out by the firm.

Disbursements

In addition to legal fees, you will also incur some third party costs known as disbursements.  They may include the following:-

Sales

Disbursement

Approximate Cost

Land Registry documents

From £6.00

Management Pack (if property leasehold)

From £150 plus VAT depending on the charges made by the managing agent

Purchases

Disbursement

Approximate Cost

Searches

£400 - £500

Land Registry Registration Fee

https://landregistry.data.gov.uk/fees-calculator.html

Stamp Duty Land Tax

https://www.tax.service.gov.uk/calculate-stamp-duty-land-tax/#/intro

Lawyer Checker

£12 plus VAT

Notice of Transfer (leasehold only)

Calculated based on terms of lease

Service

We set out below the key stages of a sale transaction:-

  • Prepare pre-contract package
  • Send pre-contract package to buyers solicitor
  • Answer any additional enquiries raised
  • Exchange contracts
  • Answer requisitions and approve draft transfer
  • Send completion statement
  • Obtain redemption statement from lender (if applicable)
  • Completion

We set out below the key stages of a purchase transaction:-

  • Examine pre-contract package
  • Make additional searches
  • Check title
  • Raise enquiries and resolve any queries
  • Approve contract of sale
  • Prepare Report on Title
  • Exchange contracts
  • Raise requisitions on title and prepare draft transfer
  • Make pre-completion searches
  • Prepare financial statement
  • Completion
  • Pay Stamp Duty Land Tax
  • Give Notice of Assignment (where applicable)
  • Deal with registration of title

Timeframe

The timeframe for the average conveyancing transaction is between eight and twelve weeks.

Assumptions

The fees set out above assume that the matter is a standard transaction with no complexities or unforeseen matters. If the transaction proves substantially more complex or time consuming than expected, we reserve the right to reflect on our fees.

Additional fees will apply if the following are required:

  • Licence to Assign;
  • Licence to Alter;
  • Declaration of Trust;
  • Deeds including Deeds of Variation, Deeds of Covenant etc...;
  • Grant of new lease.

If the matter proves abortive, work carried out and disbursements incurred up until that point would remain chargeable.

Fee Earners

Lisa Cornish – Lisa heads the Property Department at Gillhams Solicitors and is a partner in the firm. Lisa specialises in residential property matters including leasehold enfranchisement. Lisa has 10+ years Post Qualification Experience and her hourly rate is £325 plus VAT.

Caroline Greenbourne – Caroline is a qualified solicitor and consultant in the firm. Caroline has over 25 years experience in dealing with commercial and residential property matters and operates at a senior level. Caroline also deals with Court of Protection matters.  Caroline’s hourly rate is £325 plus VAT .

Anna Heuberger –Anna graduated in 2013 with a law degree from Westminster University. Anna is a paralegal and regularly assist the partners in dealing with private client matters and property matters. Anna’s hourly rate is £210 plus VAT.

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