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) or Land Transaction Tax (Land Tax).
Legal fees: £850.00 - £1,200.00 plus VAT
The fees are applicable to property up to the value of £1,000,000.00. Property above this value will be charged at 0.1% of the purchase price
If we are acting for your lender on a purchase, we will charge such fees as are provided in the mortgage offer. This varies between lenders but is usually around £180 Inc. of VAT.
Disbursements are costs related to your matter that are payable to third parties. We handle the payment of the disbursements on your behalf to ensure a smoother process.
Search fees: £350.00 (Approximate)
HM Land Registry fee: £40.00 – £270.00 for property up to a value of £1,000,000.00 and £455.00 for a property over £1,000.000.00.
Note: The exact amount depends on the exact value of the property.
Electronic money transfer fee: £42.00 including VAT
Stamp Duty or Land Tax (on purchase):
This depends on the purchase price of your property. You can calculate the amount you will need to pay by using https://www.tax.service.gov.uk/calculate-stamp-duty-land-tax/#/intro or if the property is located in Wales by using https://beta.gov.wales/land-transaction-tax-calculator
Our fees and some of our expenses are subject to VAT (currently 20%)
Who will deal with you case?