Freehold Purchase fees

Our legal fees and expenses for a freehold purchase are:

Legal fees

£0 – £500,000£850.00 + VAT
£500,0001 – £749,999£950.00 + VAT
£750,000 – £999,999£1,000.00 + VAT
£1,000,000 – £1,249,999£1,100.00 + VAT
£1,250,000 – £1,499,999£1,300.00 + VAT
£1,500,000 – £1,749,999£1,500.00 + VAT
£1,750,000 – £1,999,999£1,700.00 + VAT
£2,000,000 plus (from)£1,900.00 + VAT

Additional Legal fees (if applicable)

Mortgage£125.00 + VAT
New Build from developer£200.00 + VAT
First Registration of Title£200.00 + VAT
Shared Ownership Scheme£200.00 + VAT
Help to Buy Mortgage£200.00 + VAT
Help to Buy ISA£50.00 + VAT
Declaration of Trust£250.00 + VAT

Expenses

Land Registry feeDependent on purchase price
Searches (approx.)Dependent on Local Authority
Land Regisry search£3.00 each
Bankruptcy search£2 per person
Administration fee including bank transfer fee£30.00 + VAT (each)
Stamp Duty Land Tax (Land Transaction Tax for properties in Wales)Dependent on purchase price and whether other property is owned

Click for Stamp Duty Land TaxCalculator

Click for Welsh Land Transaction Tax calculator

Click for Land Registry

The precise stages involved in the purchase of a residential property vary according to the circumstances. The process can be quick or slow, 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 can take a little longer than expected.

The fees and expenses quoted above assume that this will be a standard transaction. However, unforeseen difficulties may arise which would cause fees and expenses to increase. Examples would be where we discover a defect in title, there are missing documents, lack of planning permission and/or building regulations approval. The main stages of the process are:

  • 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 report on title and 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
  • Provide you with a completion statement showing financial aspect of the transaction
  • 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

Contact us

For guidance on buying in England and Wales, see the HM Government fact sheet below.

How to Buy leaflet-front cover
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