SUMMARY OF RESIDENTIAL CONVEYANCING FEES
Any quote that we provide is based upon assumptions as to a standard transaction. These are detailed in the quote documentation in our Client Care letter. Transactions are often complex and issues can arise that can be known about at the beginning but it is not possible to build a quote engine that takes them all into account or often they emerge after the quote has been accepted. We set out below our list of standard fees for these more complicated scenarios.
A statement will be issued to you prior to completion confirming all fees that are applicable. Any such fees will be required to be paid on account before any additional work is carried out.
Please note: If for any reason, we are unable to proceed or you choose to close your matter you will still be charged for any additional work that we have carried out.
| Freehold and Long Leasehold Purchases | Cost (Inc. VAT) |
|---|---|
| Preparing contract, title documents and investigation for unregistered land | £145 |
| Sourcing suitable indemnity policy in the case of missing deed(s) | £75 |
| Defective title (e.g. incomplete deed, errors in the lease) | £285 |
| Investigation of boundary problems | £145 |
| Dealing with second or third charges (per charge) | £145 |
| Dealing with notice or restriction in favour of third parties at HM Land Registry, | £145 |
| Dealing with Landlord for the extension of a lease | £285 |
| Remediating title, planning or building regulation defects | £145 |
| Sourcing suitable indemnity policies for title, planning or building regulation defects | £75 |
| Investigating lease of solar panels and/or preparing solar panel questionnaire | £210 |
| Preparing and checking compliance of septic tank | £210 |
| Investigation of adverse result on bankruptcy searches | £75 |
| Reporting matters to the lender if required | £145 |
| Dealing with Trustee if one of the parties is or has been bankrupt | £285 |
| Drafting suitable statutory declaration if there are any access, planning or use issues (per declaration) | £145 |
| Dealing with the lender if they are separately represented by solicitors | £285 |
| Dealing with the lender or their solicitors if the purchaser requires bridging loan | £430 |
| Preparing deed of postponement or deed of gift as appropriate if the purchase funds are sourced in whole or part from a third party | £145 |
| Preparing declaration of solvency if the property is transferred at less than value | £145 |
| Specific request on non-title issues e.g. property condition or fixtures and fittings | £145 |
| Rectification of incorrectly described proprietors at HM Land Registry | £45 |
| Upgrading of a title at HM Land Registry | £45 |
| Additional Charges for Apartments - as above where applicable and in addition: | |
| Correcting Lease as to ground rent clause | £285 |
| Obtaining suitable indemnity insurance relating to lease ground rent clause | £75 |
| Preparing Deed of Covenant | £75 |
| Additional Charges for Shared Equity Shared Equity - as above where applicable and in addition: | |
| Dealing with purchase of additional shares | £354 |
| Transfer of head title | £594 |
| Re-mortgages – as above where applicable and in addition: | |
| Shared ownership property | £210 |
| Dealing with each party if there are additional restrictions or cautions against the title | £175 |
| Miscellaneous | |
| Fee your Landlord charges for receiving the notice | Amount charged by your Landlord |
| Land Registry Scale Fee | Varies |
| Coal Mining Search | Varies |
| Bankruptcy Search (per person where ownership of the property is to be transferred) | £2.40 |
| Confirmation of Property Ownership | £18 |
| Sending your Pre-Registration Documents | £18 |
| Bank Transfer to repay your second or each subsequent mortgage | £36 |
| Bank Transfer to third party | £36 |
| Each Bank Transfer of Completion Funds to your account(s) | £36 |
| Obtaining a copy of Your Lease | Varies |