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Thank you for looking at our property services. Whether you are a first-time buyer or an investor, we are here to take the stress out of buying and selling leasehold property.
We will guide you through each step of your transaction, tailoring our service to fit your requirements, so you can have complete peace of mind that every detail has been properly handled. Where necessary, we can also recommend other professionals such as Surveyors, IFA’s and property valuers, giving you access to all the expertise you need.
At a time where money really matters, we take care to provide a high quality, value-for-money service you can rely on. We will keep you regularly advised of every detail you need to know so you can make informed decisions and conclude your leasehold property transaction promptly and with the minimum possible stress and hassle.
We have an experienced team who understand the stress involved in buying, selling or re-mortgaging your property. Our approach is a simple – we provide a first-class service from our expert team who make the difference by taking the stress away from you and dealing with all the details of your transaction on your behalf.
We know that communication is key, especially when dealing with the complex issues that can sometimes be involved with leasehold property. Our team are made up of highly qualified Solicitors who have the legal and technical “know how” to resolve any issues as they arise in a professional and efficient manner, but also have the people skills to ensure you are kept informed of everything you need to know in plain English.
You will have the confidence that you are our priority, with our aim being that any member of the team is available to speak with you when you need some clarity and certainty at any stage in the process. We feel this provides reassurance and gives you an outlet for any concerns that you may have.
We realised that this is potentially the biggest investment of your life and we not only want to provide the first-class service you deserve, but also real value for money with no hidden fees.
We are proud to hold an ISO9001 Accreditation and a CQS Accreditation,(issued by the Law Society). This involves the firm undergoing a rigorous audit process which ensures we maintain the highest levels of client care.
We know how important cost is when deciding who to use for leasehold conveyancing, so we review our fees on a regular basis, taking into account clients’ feedback, so we can make sure we always offer great value.
We typically work on a fixed fee basis, so that from the outset you know what the fees will be for your transaction. If during the transaction there is a new development, we will discuss the change in fees with you and agree a way forward.
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) if the property is in England, or Land Transaction Tax (Land Tax) if the property is in Wales
Our fees are in the range of £895.00 + VAT at 20% (£179.00) to £4500.00 + VAT at 20% (£900.00) up to the value of £500k. Anything above you will need to contact us directly. Please email us to obtain a detailed quote for the costs involved in your property transaction. Please follow the link below and complete your details and a team member from your preferred offices will contact you to provide a bespoke quote.
Our typical fee for a purchase of a Leasehold Property valued at £315,000.00 would be £1800.00 + VAT at 20% (£360.00) + Disbursements.
In addition a Bank Transfer Charge of £30.00 + VAT at 20% (£6.00) and an Electronic ID Check of £10.00 + VAT at 20% (£2.00) (per person) will be payable.
Disbursements are any costs related to your matter that are payable to third parties, such as search fees. We handle the payment of the disbursements on your behalf to ensure a smoother process.
There are certain disbursements which will be set out in the individual lease relating to the Property. The disbursements which we anticipate will apply are set out separately below. This list is not exhaustive and other disbursements may apply depending on the term of the lease. We will update you on specific fees upon receipt and review of the lease from the seller’s solicitors.
Notice of Transfer fee, this fee if chargeable is set out in the lease. Often the fee is:
Notice of Charge fee (if the property is to be mortgaged), this fee is set out in the lease. Often the fee is:
Deed of Covenant fee, this fee is provided by the management company for the property and can be difficult to estimate. Often the fee is:
Certificate of Compliance fee – to be confirmed upon receipt of the lease, as the range can be
* These fees vary from property to property and can on occasions be significantly more than the ranges given above. We can give you an accurate figure once we have sight of your specific documents.
You should also be aware that ground rent and service charges are likely to apply throughout your ownership of the property. We will confirm the ground rent and the anticipated service charge as soon as we receive this information.
This depends on the purchase price of your property. You can calculate the amount you will need to pay by using HMRC's website or if the property is located in Wales by using the Welsh Revenue Authority's website.
For further information relating to Land Registry fees go to :
As rough guide see the Table below
0 to £80,000
£80,001 to £100,000
£100,001 to £200,000
£200,001 to £500,000
£500,001 to £1,000,000
£1,000,001 and over
Residential Conveyancing Department does not undertake tax advice.
Our fees are fixed, however there may be factors which would typically increase the cost of the fees estimated above. Where there is likely to be any additional cost, we will make sure you are informed of this at the earliest opportunity and a clear estimate of those extra costs will be provided.
Factors that may lead to an increase in cost include:
For any transaction, the timescales are subject to change depending on when your offer is accepted and other factors involved. The average process takes between 10-14 weeks. It can be quicker or slower, depending on the parties in the chain. For example, if you are a first-time buyer, purchasing a new build property with a mortgage in principle, it could take 10 weeks. However, if you are buying a leasehold property that requires an extension of the lease, this can take significantly longer, between 3 and 6 months. In such, a situation additional charges would apply.
Our fee assumes that:
With every transaction there are key milestones, which may vary according to individual circumstances. They may be as follows:
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