To assist you as a general guide please would you find examples of our legal fees in recent transactions below. Please would you also note the additional conveyancing charges after the examples:
Example 1
For a freehold purchase in Bridgend with a purchase price of £169,950 our legal fee for the legal conveyancing fee was £450 plus VAT of £90.
Example 2
Our legal fees on a sale of a freehold property being sold for £284,995 were £495 plus VAT of £99.
Example 3
Where we regularly act on the same site for new build properties we are able to offer our clients a discounted fee. Our legal fees when we acted on a new build freehold property being purchased for £166,996 were £345 plus VAT of £69.
Example 4
Our legal fees for a purchase of a freehold property for £350,000 were £525 plus VAT of £105.
Example 5
Our legal fees for a purchase of a leasehold property in London for £425,000 including dealing with a share of freehold were £1234 plus VAT of £249.
Example 6
Our legal fees for a leasehold property purchase for £550,000 in London were £1195 plus VAT of £239 to take account of the extent of documentation to be reviewed including dealing with the management pack accounted for the higher fee. Our client initially chose a cheaper online conveyancer attracted by the low cost fees, however, during the middle of the purchase they switched to us to ensure that their expectations were met.
Example 7
Our legal fees on a complex purchase of a freehold property being purchased for £1.5million with numerous title defects to resolve and additional legal advice amounted to £3615 plus VAT of £723.
Typical Additional Conveyancing Charges on a purchase*
In addition to the legal fees specified above the additional costs apply:
Basic Search package from £125
Mining Search (if required depending on the area) £47.90
Land registry search £3.00 plus VAT of 60p
Land Charges search £2 per name plus VAT of 40p
Telegraphic transfer admin fee £42
Land Registry registration fee depending on the price or value of the property and whether we are able to do an electronic submission starting from £20
www.gov.uk/guidance/hm-land-registry-registration-services-fees#scale-1-fees
ID check £12
Lawyercheck to check the identity and legitimacy of the firm of solicitors acting for the seller £19.30
Land Transaction Tax and Stamp Duty Land Tax (depending on price of the property and your circumstances)
Land transaction tax in Wales https://lttcalculator.wra.gov.wales/
Stamp Duty Land Tax in England https://www.gov.uk/stamp-duty-land-tax