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Selling a Property
In this section
Meet the team
The work we do
When acting in respect of a sale, Berry Redmond Gordon & Penney will carry out the following:
- Deeds & Documents Obtain your title deeds and documents. A production fee will be charged to your lender once the deeds have been despatched.
- 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, forwarding you the net sale proceeds.
Meet the team
RESIDENTIAL CONVEYANCING – A GUIDE TO OUR FEES
The purpose of this guide is to provide clear and easily understandable information about the main types of residential conveyancing work that we deal with, the professionals within the firm who undertake this work together with an indication of how long these transactions typically take and how much they cost.
OUR FEES
Legal Fees – Freehold Sale
| Sale price: | Fees and payments: | VAT (@ 20%): | Fee: |
|---|---|---|---|
| Up to £199,999 | Legal Fees Legal Fees Total | £210.00 | £1050.00 £1260.00 |
| £200,000 - £299,999 | Legal Fees Legal Fees Total | £225.00 | £1125.00 £1350.00 |
| £300,000 - £399,999 | Legal Fees Legal Fees Total | £240.00 | £1200.00 £1440.00 |
| £400,000 - £499,999 | Legal Fees Legal Fees Total | £255.00 | £1275.00 £1530.00 |
| £500,000 - £599,999 | Legal Fees Legal Fees Total | £270.00 | £1350.00 £1620.00 |
| £600,000 - £699,999 | Legal Fees Legal Fees Total | £295.00 | £1475.00 £1770.00 |
| £700,000 - £799,999 | Legal Fees Legal Fees Total | £315.00 | £1575.00 £1890.00 |
| £800,000 - £899,999 | Legal Fees Legal Fees Total | £335.00 | £1675.00 £2010.00 |
| £900,000 - £999,999 | Legal Fees Legal Fees Total | £365.00 | £1825.00 £2190.00 |
For sale prices of £1,000,000.00 and above please contact us for a personal estimate.
Legal Fees – Leasehold Sale
| Sale price: | Fees and payments: | VAT (@ 20%): | Fee: |
|---|---|---|---|
| Up to £199,999 | Legal Fees Legal Fees Total | £240.00 | £1200.00 £1440.00 |
| £200,000 - £299,999 | Legal Fees Legal Fees Total | £250.00 | £1250.00 £1500.00 |
| £300,000 - £399,999 | Legal Fees Legal Fees Total | £265.00 | £1325.00 £1590.00 |
| £400,000 - £499,999 | Legal Fees Legal Fees Total | £285.00 | £1425.00 £1710.00 |
| £500,000 - £599,999 | Legal Fees Legal Fees Total | £305.00 | £1525.00 £1830.00 |
| £600,000 - £699,999 | Legal Fees Legal Fees Total | £325.00 | £1625.00 £1950.00 |
| £700,000 - £799,999 | Legal Fees Legal Fees Total | £345.00 | £1725.00 £2070.00 |
| £800,000 - £899,999 | Legal Fees Legal Fees Total | £365.00 | £1825.00 £2190.00 |
| £900,000 - £999,999 | Legal Fees Legal Fees Total | £390.00 | £1950.00 £2340.00 |
For sale prices of £1,000,000.00 and above please contact us for a personal estimate.
Disbursements for sale transactions:
In addition to the above fees the following disbursements are usually payable on sale transactions:-
- Land Registry copy title fee – for freehold £20.40 – for leasehold £51.00
- Fee for obtaining freeholder information/management company legal pack – this will vary from property to property and 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.
- Funds transfer fee – there may be a further funds transfer fee if you have a mortgage to repay on completion of your sale.