Pricing - freehold sale
Typical pricing estimate for freehold sale of residential property
- Simple case Up to £500,000 in value - £1,100 plus VAT
- Medium complexity case £500,000 to £750,000 in value - £1,300 plus VAT
- High complexity case £750,000 to £1m and above in value - £1,500 plus VAT (assessed on a case by case basis) plus VAT
Disbursements are costs related to your matter that are payable to third parties. For example, search fees.
Typical costs for disbursements are set out below:
- Fees for acting on behalf of the mortgage lender as set by your lender under the terms of the mortgage offer
- HM Land Registry fee £6.00
- Land Registry and Land Charges searches £10.00
- Electronic money transfer fee £43.20 (inc VAT)
- Postage, telephone, fax and copying £30.00 (inc VAT)
We will provide a detailed specific quote for our costs plus disbursements once we have discussed the specifics of your matter with you.
The legal fees and the disbursement fees together cover the work required to complete the sale of your new home from the point we are instructed to the point any mortgage is discharged and the sale proceeds sent to you.
Meet the team
Our Residential Conveyancing Team has over 60 years of collective experience in delivering high quality work in all matters relating to residential sales and purchases. The Team has particular experience in investor sales and purchases, residential matters relating to Probate or Court of Protection work, re-mortgaging and auctions as well as more general residential sales and purchases. We have five members of the team who may work on your matter.
See more details about members of the Residential Conveyancing Team including number of years qualified, areas of specialism and examples of cases recently dealt with.
Factors that can increase costs and timescales
A detailed summary of the work involved in the average sale of a freehold residential property is set out in Scope of work – Sale of a Freehold Residential Property. This document also sets out the conditions and exclusions to our fees.
If any of these conditions and exclusions are incorrect then the overall cost may increase. Some examples of what might increase the cost of the work include:
- if the legal title is defective or part of the property is unregistered
- if we discover building regulations or planning permission has not been obtained
- if crucial documents we have requested have not been provided
The time taken from you accepting an offer until your sale is completed will depend on a number of factors. The average process takes between 6-16 weeks.
It can be quicker or slower, depending on the number of parties in the chain.
Date: 05 December 2018