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:
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.
Our legal fees on a sale of a freehold property being sold for £284,995 were £495 plus VAT of £99.
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.
Our legal fees for a purchase of a freehold property for £350,000 were £525 plus VAT of £105.
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.
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.
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
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