RESIDENTIAL CONVEYANCING
OUR FEES EXPLAINED: RESIDENTIAL CONVEYANCING
We aim to deliver a professional service which achieves your aims whilst being transparent about our pricing structure. Our focus is on providing excellent value for money whilst providing a personal touch to our service.
We pride ourselves on being open, honest and transparent about fees and you can be assured that our quotes will include all fees we conceivably envisage will relate to your transaction at the point of instruction.
Fees and Disbursements
There are a number of ways to fund our services and we will aim to provide a funding package for you which is suitable for particular circumstances. We are not obliged to offer any particular method of funding and some methods of funding may only be available in cases where we assess that the case is suitable for both you and us.
Typically, the funding options we can consider are:
Fixed Fee
Most transactions are dealt with on a Fixed Fee basis. We will provide you with a quote at the outset of a transaction based on the information available to us at the time we provide the quote. Our charge will not be relevant to the time we spend on the matter albeit an estimate of the likely time we spend on a matter will be used as the basis for setting the fee.
Additional fees may apply during the transaction as further information becomes available and you will be advised of these as required. For example, it may be necessary to purchase an indemnity insurance policy and this may not be known at the time you instruct us.
As most transactions are dealt with on a fixed fee basis we have set out our fixed fees below. Our fees are based on the value of the transaction. The fees mentioned do not include VAT. Therefore, VAT will be payable at the rate of 20% in addition to the fixed fee quoted.
Get in touch
For advice or legal services regarding your situation, contact us now to arrange a free consultation with our team.
Make an enquiry
Residential Purchase Matters
| PURCHASE PRICE | BASIC LEGAL FEE (EXC VAT) |
| 0 – £100,000 | £695 |
| £100,000.01 – 150,000 | £750 |
| £150,000.01 – 200,000 | £850 |
| £200,000.01 – 250,000 | £895 |
| £250,000.01 – 350,000 | £950 |
| £350,000.01 – 500,000 | £1,050 |
| £500,000.01 – 600,000 | £1,150 |
| £600,000.01 – 750,000 | £1,250 |
| £750,000.01 – 900,000 | £1,350 |
| £900,000.01 – 1,000,000 | £1,450 |
Any quote for a price above £1,000,000 will require a bespoke quotation so please contact us.
Please see section 2 under the heading ‘Private retainer’ for a breakdown of the charges that will apply.
Additional Fees
Where your purchase involves any of the following features, then the additional fees quoted below plus VAT at the rate of 20% will apply:
| ADDITIONAL MATTER | BASIC LEGAL FEE (EXC VAT) |
| Mortgage Fee | £150 |
| Leasehold Fee | £100 |
| Buying in a Limited Company | £100 |
| Help to Buy / Help to Buy ISA | £100 |
| Shared Ownership | £250 |
| New Build | £250 |
| Unregistered land | £200 |
| Complete the Stamp Duty Land Tax form | £ 50 |
| Drafting additional documents | £ 100 |
Residential Sale Matters
| SALE PRICE | BASIC LEGAL FEE (EXC VAT) |
| 0 – £100,000 | £650 |
| £100,000.01 – 150,000 | £695 |
| £150,000.01 – 200,000 | £750 |
| £200,000.01 – 250,000 | £795 |
| £250,000.01 – 350,000 | £850 |
| £350,000.01 – 500,000 | £995 |
| £500,000.01 – 600,000 | £1,050 |
| £600,000.01 – 750,000 | £1,150 |
| £750,000.01 – 900,000 | £1,250 |
| £900,000.01 – 1,000,000 | £1,350 |
Any quote for a price above £1,000,000 will require a bespoke quotation so please contact us.
Please see section 2 under the heading ‘Private retainer’ for a breakdown of the charges that will apply.
Additional Fees
Where your purchase involves any of the following features, then the additional fees quoted below plus VAT at the rate of 20% will apply:
| ADDITIONAL MATTER | BASIC LEGAL FEE (EXC VAT) |
| Leasehold/Management Company | £400 |
| Selling in a Limited Company | £150 |
| Help to Buy Loan | £100 |
| Shared Ownership | £300 |
| Unregistered Land | £100 |
Disbursements
Disbursements are fees and taxes which we must pay to third parties in respect of services relating to your transaction. No additional VAT will be payable on the disbursements. Please do bear in mind that not all of the disbursements below will apply to your transaction and some of the amounts may vary on individual matters but the figures are given below by way of example.
| ADDITIONAL MATTER | BASIC LEGAL FEE (EXC VAT) |
| AML (Money Laundering) Per Person | £30 |
| TT Fee | £30 |
| Office Copy Entries | £6 |
| Search Package | £198.90 |
| Registration fee | Individual to a transaction |
| Stamp Duty | Individual to a transaction |
| Indemnity Insurance | As required per transaction |
The other method of funding is by:
2. Private Retainer
Where the value of your purchase and/or sale is above £1,000,000 the fees will be charged at an hourly plus VAT at the rate of 20%. You will pay us for our charges based on an hourly rate set in our retainer. We will provide you with an estimate of fees from time to time but our charges will be based on the amount of time we spend on your matter. Our standard hourly rates are dependent on the qualification and experience of the fee earner dealing with the matter and are detailed below.
GRADE OF FEE EARNER HOURLY RATE
Grade A Any Solicitor or Legal Executive with over 8 years PQE. Grade A will include any Director
£200 per hour plus VAT
Grade B Any Solicitor or Legal Executive with more than 4 year’s PQE but less than 8 year’s PQE. Any other fee earner with more than 4 years experience.
£171 per hour plus VAT
Grade C Any Solicitor or Legal Executive with less than 4 years PQE. Any other fee earner with more than 1 year but less than 4 years experience. Trainee Solicitors shall be regarded as Grade C if they have more than 2 years experience prior to commencement of the training contract.
£135 per hour plus VAT
Grade D Any Trainee Solicitor or other fee earner with less than 1 year’s experience.
£111 per hour plus VAT
An estimate of our charges on a Private Retainer are detailed below.
Estimate of Fees
The fees below only relate to residential conveyancing transactions. Additional fees or alternative fee structures where the transaction involves a commercial property, mixed use property or HMO.
GET IN TOUCH
All initial enquiries are completely free of charge, so please call us now on 0161 5050635 or complete a free online enquiry form and a member of the conveyancing team will contact you on the number and time provided.