Conveyancing Pricing
Free Initial Consultations
Appointments out of Office Hours
Sarah qualified as a solicitor in 2005. She obtained her Law degree from the Open University and completed the Graduate Diploma in Legal Practice Course with distinction. She completed her training contract at a Dorset firm and worked at that firm and another local firm before moving on to set up Jordan Williams Law Ltd in 2013.
Purchase of a freehold residential property
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.
Conveyancer's fees and disbursements
- Legal fee £900 fixed rate depending on the price, see below
- VAT on Legal fee £180
- HM Land Registry fee £20 - £500
- Electronic money transfer fee £35
- VAT payable on electronic transfer fee £7
- Search fees approximately £500
Examples are set out below of estimated charges.
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.
Search fees vary by area as local authorities do not all charge the same fee, and in some areas additional specialist searches may be required. The searches included in the estimate are: land registry official search, bankruptcy searches, local search, drainage and water search, an environmental and planning search and flood search if necessary. Any other searches (e.g. a coal mining search) would incur additional charges.
Land Registration fees
This depends on the purchase price of your property and you can find amount you will have to pay at HM Government Land Registration Fees.
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 here.
Example for house price of £200,000
- Legal fee £900
- VAT on Legal fee £180
- Search fees £500
- HM Land Registry fee £100
- Electronic money transfer fee £35
- VAT payable on electronic transfer fee £7
Estimated total £1,722 + Stamp Duty
Example for house price of £400,000
- Legal fee £1,000
- VAT on Legal fee £200
- Search fees £500
- HM Land Registry fee £150
- Electronic money transfer fee £35
- VAT payable on electronic transfer fee £7
Estimated total £1,892 + Stamp Duty
Example for house price of £750,000
- Legal fee £1200
- VAT on Legal fee £240
- Search fees £500
- HM Land Registry fee £295
- Electronic money transfer fee £35
- VAT payable on electronic transfer fee £7
Estimated total £2,277 + Stamp Duty
Legal fees are fixed rates as below:
| Up to £300,000 | £900 plus VAT £180 |
| £300,001 up to £500,000 | £1000 plus VAT £200 |
| £500,001 up to £750,000 | £1200 plus VAT £240 |
| £750,001 up to £1,000,000 | £1500 plus VAT £300 |
| £1,000,001 up to £2,000,000 | £2,000 plus VAT £400 |
| Above £2,000,001 up to £3,000,000 | £2500 plus VAT £500 |
* 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
- 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 providinno indemnity policies are required. Additional disbursements may apply if indemnity policies are required.
How long will my property 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 12 - 14 weeks.
However, it can be quicker or much slower, depending on the chain. For example, if you are a first-time buyer, purchasing a new build property with a mortgage in principle, it could take 12 weeks (assuming the house has been built). If you are buying off plan, then the build could be delayed by weather or other issues and could take more than a year.
If you are buying a leasehold property that will usually take longer, as information will be required from the freeholder and/or the managing agent. The extra time will depend on how quickly the freeholder or agent deals with enquiries and in many leaseholds both the freeholder and managing agent need to be contacted separately. If there is an issue with the Lease and, for example you require an extension of the lease, this can take significantly longer, between 3 and 6 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. Below we set out the usual stages:
- 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 the 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 and disbursements
- Legal fee £1000 - £3000 (fixed rate depending on the price, see below)
- VAT on Legal fee £200- £600
- Search fees apppriximately £500
- HM Land Registry fee £20 - £125
- Electronic money transfer fee £35
- VAT payable on electronic transfer fee £7
Examples are set out below of estimated charges
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.
Additional 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 - £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 £50 - £200.
- Certificate of Compliance fee - To be confirmed upon receipt of the lease, as can range between £50 - £200.
** 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 this 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 here.
Example for property price of £200,000
- Legal fee £1000
- VAT on Legal fee £200
- Search fees £500
- HM Land Registry fee £100
- Electronic money transfer fee £35
- VAT payable on electronic transfer fee £7
Estimated total £1,842 plus stamp duty, ground rent, service charges and anticipated disbursements set out above.
Example for property price of £400,000 at higher search estimate
- Legal fee £1,200
- VAT on Legal fee £240
- Search fees £500
- HM Land Registry fee £150
- Electronic money transfer fee £35
- VAT payable on electronic transfer fee £7
Estimated total £2,132 plus stamp duty ground rent, service charges and anticipated disbursements set out above
Example for property price of £750,000
- Legal fee £1,400
- VAT on Legal fee £280
- Search fees £500
- HM Land Registry fee £60
- Electronic money transfer fee £35
- VAT payable on electronic transfer fee £7
Estimated total £2,517 plus stamp duty ground rent, service charges and anticipated disbursements set out above
Legal fees are fixed rates as below:
| Up to £300,000 | £1,000 plus VAT £200 |
| Above £300,00 up to £500,000 | £1,200 plus VAT £240 |
| Above £500,000 up to £750,000 | £1,400 plus VAT £280 |
| Above £750,000 up to £1,000,000 | £1,750 plus VAT £350 |
| Above £1,000,000 up to £2,000,000 | £2,400 plus VAT £480 |
| Above £2,000,000 up to £3,000,000 | £3,000 plus VAT £600 |
* 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 all parties to the transaction are co-operative and there is no unreasonable delay from third parties providing documentation
- 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
- no indemnity policies are required. Additional disbursements may apply if indemnity policies are required.
How long will my property 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 14 - 18 weeks. It can be quicker or slower, depending on the chain. For example, if you are a first time buyer, purchasing a new build property with a mortgage in principle, it could take 16 weeks.
If you are buying a leasehold property that will usually take longer than a freehold purchase, as information will be required from the freeholder and/or the managing agent. The extra time will depend on how quickly the freeholder or agent deals with enquiries and in many leaseholds both the freeholder and managing agent need to be contacted separately. If there is an issue with the Lease and, for example you require an extension of the lease, this can take significantly longer, between 3 and 6 months. In such, a situation additional charges would apply
Stages in the process
The precise stages involved in the purchase of a residential leasehold property vary according to the circumstances but please see key stages below:
- 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
- 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
Sale of a residential freehold property
Our fees cover all of the work* required to complete the sale of your new home.
Conveyancer's fees and disbursements
- Legal fee £900 - £1800 (fixed rate depending on the price and whether the property is registered or unregistered, see below)
- VAT on Legal fee £180 - £360
- Official Copy of Register of Title and Title Plan £7.20 for registered properties.
- Electronic money transfer fee £35
- VAT payable on electronic transfer fee £7
Total based on lower fee estimate £888
Total based on higher fee estimate £1,248
Disbursements
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. There may be additional disbursements such as indemnity policies, additional title documents and missing documents.
If the property is unregistered there may be additional land registry charges.
Legal fees are fixed rates as below:
| Up to £500,000 | £700 plus VAT £140 |
| Above £500,00 up to £750,000 | £800 plus VAT £160 |
| Above £750,000 up to £1,000,000 | £900 plus VAT £180 |
| Above £1,000,000 up to £3,000,000 | £1000 plus VAT £200 |
* 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.
How long will my property sale take?
How long it will take to sell your house will depend on a number of factors. The average process takes between 14 - 18 weeks. It can be quicker or slower, depending on the chain, for example if a leasehold transaction is part of the chain, that will usually take longer than a freehold sale, as information will be required from the freeholder and/or the managing agent. The extra time will depend on how quickly the freeholder or agent deals with enquiries and in many leaseholds both the freeholder and managing agent need to be contacted separately. If there is an issue with the Lease and, for example an extension of the lease is necessary, this can take significantly longer, between 3 and 6 months.
If you delay completing the property information forms or replying to requests for information that will delay matters. The matter would also be delayed if the property, or part of the property was found to be unregistered as further information would be needed.
Stages in the process
The precise stages involved in the sale of a residential property vary according to the circumstances but please see key stages below:
- Take your instructions and give you initial advice.
- Provide you with property information forms to complete and request documents from you.
- Check your title to the property and obtain any further relevant documents where available.
- Drafting and submitting the Contract and all relevant documentation to the buyer’s solicitors.
- Dealing with any mortgage lender with a charge registered against the property or any other bodies with an interest in the property.
- Requesting from you any further information requested by the buyer’s solicitors and dealing with any of their enquiries.
- Send final contract to you for signature.
- Agree completion date (date from which you will no longer own the property.
- Exchange contracts and notify you that this has happened.
- Approving the draft document that will transfer the property to the buyer on your behalf, and arranging for you to sign that in time for completion.
- Completing the matter.
- Discharging any mortgages registered against the property.
Sale of a leasehold residential property
Our fees cover all the work* required to complete the sale of your home, including dealing with the freeholder and/or managing agent and your mortgage lender.
Conveyancer's fees and disbursements
- Legal fee £1000 - £2000 (fixed rate depending on the price see below)
- VAT on Legal fee £1200 - £400
- HM Land Registry fee £7.20
- Electronic money transfer fee £35
- VAT payable on electronic transfer fee £7
Disbursements
Disbursements are costs related to your matter that are payable to third parties, such as fees charged by a freeholder and/or managing agent for information that must be provided to a buyer. We handle the payment of the disbursements on your behalf to ensure a smoother process. There may be additional fees payable for missing documents that need to be obtained and if the property is unregistered.
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 and information provided by you.
Additional Anticipated Disbursements**
- Fee for information from Landlord – this fee will be quoted by the Landlord and if often between £150 - £350 plus VAT.
- Vee for information from Managing Agent – this fee will be quoted by the Managing Agent and may be in addition to a fee payable to the Landlord. Often the fee is between £150 - £350 plus VAT.
** 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, or confirmation from the Landlord or Managing Agent of what their charges will be.
If the property is unregistered there may be additional land registry charges.
Legal fees are fixed rates as below:
| Up to £500,000 | £1,000 plus VAT £2000 |
| Above £500,00 up to £750,000 | £1,100 plus VAT £220 |
| Above £750,000 up to £1,000,000 | £1,400 plus VAT £280 |
| Above £1,000,000 up to £3,000,000 | £2000 plus VAT £400 |
* 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
- 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.
How long will my sale take?
How long it will take to sell your house will depend on a number of factors. The average process takes between 14 - 20 weeks. It can be quicker or slower, depending on the chain. If you delay completing the property information forms, or replying to requests for information that will delay matters. The matter would also be delayed if the property, or part of the property was found to be unregistered as further information would be needed.
A leasehold transaction will usually take longer than a freehold sale, as information will be required from the landlord and/or the managing agent. The extra time will depend on how quickly the landlord or managing agent deals with enquiries and in many leaseholds both the landlord and managing agent need to be contacted separately. If there is an issue with the Lease and, for example an extension of the lease is necessary, this can take significantly longer, between 3 and 6 months. In such a situation additional charges would apply.
Stages in the process
The precise stages involved in the sale of a residential leasehold property vary according to the circumstances but please see key stages below The key stages involved are set out below:- Take your instructions and give you initial advice.
- Provide you with property information forms to complete and request documents from you.
- Check your title to the property and obtain any further relevant documents where available.
- Request information from your Landlord and/or Managing Agent.
- Drafting and submitting the Contract and all relevant documentation to the buyer’s solicitors.
- Dealing with any mortgage lender with a charge registered against the property or any other bodies with an interest in the property.
- Requesting from you any further information requested by the buyer’s solicitors and dealing with any of their enquiries.
- 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.
- Approving the draft document that will transfer the property to the buyer on your behalf and arranging for you to sign that in time for completion.
- Completing the matter,
- Discharging any mortgages registered against the property
Remember Sarah will Video Call you out of office hours anywhere in the Wimborne, Poole, Bournemouth or East Dorset Areas.
Jordan Williams Law are specialists in their field. They practice family law in the Wimborne, Poole, Bournemouth and surounding areas. Contact them now.