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Selling a Property
In this section
Meet the team
The work we do
The Seven Steps to Completion:
- Deeds & Documents. Obtain your title deeds and documents.
- Contract Pack. Check that you have good title to the property and then prepare and despatch to the buyer's solicitors a contract based on the title deeds.
- Enquiries. Deal with any enquiries raised by the buyer's solicitors in respect of any practical and legal matters relating to the property.
- Exchange of Contracts. Exchange contracts for sale on your behalf. The exchange will only take place following specific instructions from you following the signing of the contract. The completion date (which is inserted in the contract and is the date on which you must vacate the property) will be agreed by you and the buyer before actual exchange of contracts, which is the point at which both parties are legally committed to the transaction.
- Transfer Ownership. Approve on your behalf, the transfer of title which you will be required to sign. We will also deal with any requisitions that the buyer's solicitors may have relating to the title to the property.
- Mortgage and Funds Obtain redemption figures from your bank, building society or other loan source and repay the loan to your lender on completion.
- Final Steps Complete the sale, pay the estate agents (if applicable) and prepare a detailed set of accounts for you before forwarding you the net sale proceeds.
Meet the team
OUR FEES
Legal Fees – Freehold Sale
| Sale price: | Fees exclusive of VAT: | VAT @ 20%: | Fees inclusive of VAT: |
|---|---|---|---|
| Up to £199,999 | £1,200.00 | £240.00 | £1,440.00 |
| £200,000 - £299,999 | £1,275.00 | £255.00 | £1,530.00 |
| £300,000 - £399,999 | £1,350.00 | £280.00 | £1,680.00 |
| £400,000 - £499,999 | £1,425.00 | £285.00 | £1,710.00 |
| £500,000 - £599,999 | £1,500.00 | £300.00 | £1,800.00 |
| £600,000 - £699,999 | £1,625.00 | £325.00 | £1,950.00 |
| £700,000 - £799,999 | £1,725.00 | £345.00 | £2,070.00 |
| £800,000 - £899,999 | £1,825.00 | £365.00 | £2,190.00 |
| £900,000 - £999,999 | £1,975.00 | £395.00 | £2,370.00 |
For sale prices of £1,000,000.00 and above please contact us for a personal estimate.
Legal Fees – Leasehold Sale
| Sale price: | Fees exclusive of VAT: | VAT @ 20%: | Fees inclusive of VAT: |
|---|---|---|---|
| Up to £199,999 | £1,350.00 | £270.00 | £1,620.00 |
| £200,000 - £299,999 | £1,400.00 | £280.00 | £1,680.00 |
| £300,000 - £399,999 | £1,475.00 | £295.00 | £1,770.00 |
| £400,000 - £499,999 | £1,575.00 | £315.00 | £1,890.00 |
| £500,000 - £599,999 | £1,675.00 | £335.00 | £2,010.00 |
| £600,000 - £699,999 | £1,775.00 | £355.00 | £2,130.00 |
| £700,000 - £799,999 | £1,875.00 | £375.00 | £2,250.00 |
| £800,000 - £899,999 | £1,975.00 | £395.00 | £2,370.00 |
| £900,000 - £999,999 | £2,100.00 | £420.00 | £2,520.00 |
For sale prices of £1,000,000.00 and above please contact us for a personal estimate.
Third Party Payments (Disbursements)
In addition to our legal fees above, there are further payments which will need to be made as part of your sale transaction. These are called disbursements and are costs relating to your matter that are payable to third parties such as Land Registry fees. We handle payment of the disbursements on your behalf as part of our service.
The usual disbursements payable on a sale transaction are set out below:
In addition to the above fees the following disbursements are usually payable on sale transactions:
- Client Onboarding: We carry out our client onboarding through our partner firm InfoTrack. The cost of onboarding is £14.40 inclusive of VAT per person.
- Land Registry Office Copies: £20.40 inclusive of VAT (freehold) and £51.00 inclusive of VAT (leasehold)
- Fee for obtaining management pack (leasehold): The cost of a management pack will vary but an average cost is in the region of £300 inclusive of VAT. We will advise you of this fee once we have made contact with the freeholder/management company and they have advised us of their fees.
- TT funds transfer fee: £48 inclusive of VAT per payment. There may be a further funds transfer fee if you have a mortgage to repay on completion of your sale.
PLEASE NOTE:
All payments to third parties included in any estimate may be subject to change.
Estimates provided are an indication only of the likely costs and are subject to confirmation via personal estimate provided by the branch you intend to use subject also to our terms of business. Whilst the legal fees quoted should apply in most cases, these may be subject to change.
Our fees may also increase if your transaction involves any unforeseen issues or complications which result in extra work having to be carried out however should this happen, an estimate of any further charges will be discussed with you at the earliest opportunity and where practicable, prior to the work being carried out.