Our charges are broken down into costs and disbursements. Disbursements are costs payable to third parties such as Land Registry fees. We handle the payment of the disbursements on your behalf to ensure a smoother process.
Our estimates and quotes will give a breakdown of all charges and will then have a total figure, which is inclusive of VAT.
The average costs on a sale at less than £100,000 are £415 plus VAT at 20% and range to £780 plus VAT at 20% on a sale at £500,000
Our figures may however vary either for higher value transactions which are often complex or properties which have special complications.
That is why we will always give you an individual costs estimate at the start of the transaction taking into account the actual features of your sale.
We will always advise you immediately about any complications and discuss the potential impact on our fees or payments to third parties before any additional charges are incurred.
On each transaction there are likely to be the following additional payments:
Land Registry fees £6 plus VAT at 20%
Land Registry search £ 4 plus VAT at 20%
Land Charges Search £4 plus VAT at 20%
We make an additional charge of £25 plus VAT at 20% for each telegraphic transfer of monies, which is required during the transaction.
Our fees cover all the work required to complete your sale. This includes drafting the contract, helping you complete the Sellers Forms, dealing with any questions asked by the Buyers solicitor, paying off any mortgages secured on the property and paying the Estate Agents if you want us to do so.
A standard transaction will take approximately 8 weeks from the time we are instructed however there can be a number of factors which impact on the timescale such as:
The number of parties in the chain
If there is a delay in your mortgage offer being issued or the offer is incorrect
If there is something unexpected in your search results
If the legal title to your property is complex
If there is a Management Company involved
The timescales wanted by other people in the chain
There are some variables with any property transaction so please either give us a call or drop us a line and we will give you a detailed breakdown of all the fees and costs involved for your particular circumstances.
At the outset of the transaction, we will ask you how you prefer to be contacted. If you have an email address this can save a considerable amount of time but buying and selling a property is not yet a paperless exercise so there will be some documents that will need to be signed by you. We will offer you a personal appointment in the office so you get chance to sit down with us so that we can talk you through the paperwork and the process face to face or, if you prefer, we will arrange a telephone appointment.