Re-mortgage of a Residential Property

Our fees cover all the work required to complete the re-mortgage of your home, including dealing with registration at the Land Registry

Fees:

Legal fees: £500.00 - £600.00 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 re-mortgage, 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

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: £20.00 – £60.00 for property up to a value of £1,000,000.00 and £125.00 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

BRIAN COULTER

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552 Harrow Road, London W9 3QG

Tel: 0203 7738 738 | Fax: 0207 2219 399 | Email: info@alexandershaw.co.uk 

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Alexander Shaw is a trading name of Alexander Shaw Solicitors Limited which is a limited company registered in England and Wales with registered number 10995674. Alexander Shaw Solicitors Limited is authorised and regulated by the Solicitors Regulation Authority number 643633.

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