Instant – Online Conveyancing Calculator
Conveyancing Services
Our expert residential conveyancing solicitors understand that buying a house or any other property transaction can be an expensive and stressful experience.
We offer a range of services aimed at keeping your conveyancing and property legal costs to an absolute minimum.
For more information on our conveyancing services call us on 0203 219 0145 today or click the link to generate a free online quote without obligation – conveyancing quote.
No matter what the nature of your property transaction, our conveyancing solicitors are on hand to advise and assist you. Whether you’re a first time or repeat investor, a conveyancing lawyer is a valuable asset to have on your side to ensure your transaction goes through smoothly and as quick as possible.
How much does conveyancing cost?
Please note that all costs are subject to VAT which is currently at 20%.
We charge highly competitive fees for our legal service, our estimated fees are set out below, so speak to us today for a fixed no obligation quote. VAT is currently charged at 20%, although this is subject to any change by the UK government.
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.
Average / Estimated Conveyancer’s fees and disbursements (Plus VAT)
Property Value | Freehold
Purchase |
Freehold
Sale |
Leasehold
Purchase |
Leasehold Sale | Freehold Remortgage | Leasehold Remortgage |
Up to £349,999.99 | £1,000 | £1,000 | £1,200 | £1,200 | £1,000 | £1,200 |
£350,000 – £499,999.99 | £1,250 | £1,125 | £1,450 | £1,325 | £1,000 | £1,200 |
£500,000-£749,999.99 | £1,500 | £1,250 | £1,700 | £1,450 | £1,000 | £1,200 |
£750,000 – £999,999.99 | £2,000 | £1,750 | £2,200 | £1,950 | £1,000 | £1,200 |
£1,000,000 – £1,499,999.99 | £2,250 | £2,000 | £2,450 | £2,200 | £1,250 | £1,450 |
£1,500,000 -£1,999,999.99 | £2,500 | £2,250 | £2,700 | £2,450 | £1,500 | £1,700 |
£2,000,000 -£2,999,999.99 | £3,500 | £3,000 | £3,700 | £3,200 | £2,000 | £2,200 |
Please note: The fees referred to in the above table are plus VAT.
Our standard fees depend on the value of the property you are purchase. For example the fee for a freehold purchase with a value of £400,000 would be £1,250.
- VAT is charged at the current rate of 20%
- Fee for acting on behalf of the mortgage lender £200.
The estimated total for a £400,000 purchase of freehold property (without a mortgage) would be £1,250 plus vat. With a mortgage would be £1,450 plus vat.
Disbursements
- Searches £450 (estimated)
- I.D. Check (per client) £6.80
- Lawyer Check £21.60
- Bankruptcy Search per client (£2.00)
- HM Lan Registry search fees £12.00
- Bank Transfer Fee charge £19.20
- HM Land Registry fee Registration fee: please see HM Land Registry fee Calculator as this can vary. £150 based on a hypothetical purchase of a freehold property with a purchase price of £400,000.
- VAT is currently charged at 20% but typically included in the cost of disbursements.
The total estimated / approximate disbursements for a hypothetical purchase of a Freehold Property with a value of £400,000 (excluding Stamp Duty or Land Tax – see below): £661.60.
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 or Land Tax (on purchase)
This depends on the purchase price of your property and other variableS such as whether you own or have ever owned other property or currently own a second property. You can calculate the amount you will need to pay by using HMRC’s website or if the property is located in Wales by using the Welsh Revenue Authority’s website.
SDLST for a hypothetical purchase of freehold property with a value of £400,000. If you have owned property before but do not own another property and intend to live in the property you are purchasing as your main residence, then the typical estimated total SDLT liability would be £7,500. This amount is correct at the date of publication but may vary so please check HMRC’s website for up-to-date specific guidance on SDLT or if the property is located in Wales by using the Welsh Revenue Authority’s website.
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 8-14 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 8-10 weeks. However, if you are buying a leasehold property that requires an extension of the lease, this can take significantly longer, between 5 and 8 months. In such, a situation additional charges would apply.
Stages of the process
The precise stages involved in the purchase of a residential property vary according to the circumstances. However, below we have suggested some key stages that you may wish to include:
- 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
Purchase of a leasehold residential property
Our fees cover all 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 is in Wales.
Conveyancer’s fees
- See table above for leasehold fees. Our standard fees depend on the value of the property you are purchase. For example, the fee for a leasehold purchase with a value of £400,000 would be £1,450.
- Fee for acting on behalf of the mortgage lender £200. If you intend to purchase with a mortgage, then there will be an additional fee of £200 to deal with the mortgagee.
- VAT is charged at the current rate of 20%
Estimated total for a £400,000 purchase of Leasehold property (without a mortgage) would be £1,450 plus vat. With a mortgage would be £1,650 plus vat.
Disbursements
Disbursements are costs related to your matter that are payable to third parties, such as search fees. We handle the payment of the disbursements on your behalf to ensure a smoother process. There are certain disbursements which will be set out in the individual lease relating to the Property. The disbursements which we anticipate will apply are set out separately below. This list is not exhaustive and other disbursements may apply depending on the term of the lease. We will update you on the specific fees upon receipt and review of the lease from the seller’s solicitors.
- Searches £450 (estimated)
- Freehold Information pack £150-£250
- I.D. Check (per client) £6.80
- Laywer Check £21.60
- Bankruptcy Search per client (£2.00)
- HM Lan Registry search fees £12.00
- Bank Transfer Fee charge £19.20
- HM Land Registry fee Registration fee: please see HM Land Registry fee Calculator as this can vary. £150 based on a hypothetical purchase of a freehold property with a purchase price of £400,000.
- VAT is currently charged at 20% but typically included in the cost of disbursements.
The total estimated / approximate disbursements for a hypothetical purchase of a Freehold Property with a value of £400,000 (excluding Stamp Duty or Land Tax – see below): £911.60.
Anticipated Disbursements*
- Notice of Transfer fee – This fee if chargeable is set out in the lease. Often the fee is between £50- £200.
- Notice of Charge fee (if the property is to be mortgaged) – This fee is set out in the lease. Often the fee is between 50 and 200.
- Deed of Covenant fee – This fee is provided by the management company for the property and can be difficult to estimate. Often it is between £100 and £250.
- Certificate of Compliance fee – To be confirmed upon receipt of the lease, as can range between £50 – £250.
*These fees vary from property to property and can on occasion be significantly more than the ranges given above. We can give you an accurate figure once we have sight of your specific documents.
You should also be aware that ground rent and service charge are likely to apply throughout your ownership of the property. We will confirm the ground rent and the anticipated service charge as soon as we receive this information.
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 or if the property is located in Wales by using the Welsh Revenue Authority’s website.
Grand total £X (This will give clients a clear understanding of the total cost of the transaction and so the full funds the client will need to complete it.)
The precise stages involved in the purchase of a residential leasehold property vary according to the circumstances. However, below we have suggested some key stages that you may wish to include:
- 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
- Send final contract to you for signature
- Draft Transfer
- Advise you on joint ownership
- Obtain pre-completion searches
- 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
How long will my house purchase take?
How long it will take from your offer being accepted until you can move into your house will depend on a number of factors. The average process takes between 12-18 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 10-12 weeks. However, if you are buying a leasehold property that requires an extension of the lease, this can take significantly longer, between 5 and 8 months. In such, a situation additional charges would apply.
* 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.
- this is the assignment of an existing lease and is not the grant of a new lease
- 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.
If you wish to use an online quote calculator for residential conveyancing
Below is list of things you may wish to consider if you use an online quote calculator for conveyancing matters. You could, if you wish, build questions to find out the following information:
- value of the property
- first-time buyer
- re-mortgage
- freehold or leasehold
- new build
- first registration of title
- whether a mortgage or not, or Islamic mortgage
- in purchase cases, whether primary residence, buy to let or second/holiday home
- multiple owners
- shared ownership scheme
- using a help to buy scheme, and whether it is an equity loan or ISA
- purchase under right to buy
- purchase at auction
- property has been repossessed
NB: This list is not intended to be exhaustive. The important point is that the information you request should generate the total cost. Please note that any disbursements (save for SDLT/LTT) should be included in the total cost quoted to consumers.
Prices and disbursements are subject to change dependent on factors including property value – for a full quote and full breakdown of related disbursements please use our residential conveyancing calculator for a free quote without obligation: Online Conveyancing Quote