Leasehold Sale fees

Our legal fees and expenses for a leasehold sale are:

£0 – £500,000£900.00 + VAT
£500,0001 – £749,999£1,000.00 + VAT
£750,000 – £999,999£1,050.00 + VAT
£1,000,000 – £1,249,999£1,150.00 + VAT
£1,250.00 – £1,499,999£1,350.00 + VAT
£1,500,000 – £1,749,999£1,550.00 + VAT
£1,750,000 – £1,999,999£1,750.00 + VAT
£2,000,000 plus (from)£1,950.00 + VAT

Expenses

Land Registry copies£6.00 + VAT (each)
Administration fee including bank transfer£30.00 + VAT (each)

As the property is leasehold there will be additional expenses such as the Management Pack to be provided by the Management Company on behalf of the Landlord, for which they require a payment. We will be required to provide this to the Buyer’s solicitors as part of the contract documentation.

The precise stages involved in the sale of a leasehold residential property vary according to the circumstances. The process can be quick or slow, depending on the parties in the chain. If you are selling a leasehold property that requires an extension of the lease, this can take significantly longer, between 2 and 4 months. In such, a situation additional charges would apply.

  • Take your instructions and give you initial advice
  • Send you Property Information Forms to complete and return
  • Prepare contract documents to send to Buyer’s Solicitors
  • If the property is mortgaged request redemption figures
  • Reply to any enquiries raised by the Buyer’s Solicitors
  • Obtain any documentation if required by the Buyer’s Solicitors
  • Send final contract and transfer to you for signature
  • Agree completion date (date from which you will sell the property and move out)
  • Exchange contracts and notify you that this has happened
  • Provide you with a completion statement showing financial aspect of the transaction
  • Complete sale
  • Deal with post completion matters

Contact us

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

How to Sell Leaflet-front cover image