Residential Purchase/Transfer of Equity

We will act for you and for any lender (if applicable) when you purchase a residential property. We will require detailed information on what is involved in your purchase at the outset of the matter in order to provide you with a more accurate estimate of our charges. Our minimum fee for any transaction is £330 and our charges for the purchase of a residential property with a purchase price of up to £125,000 begin at £780 which will include the submission of the Stamp Duty Land Tax Return and registration of the title in your name at HM Land Registry. If the purchase price is higher than £125,000 then our charges can be up to £1,800. Our charges exclude the costs of disbursements which are the costs that will have to be paid to progress and complete your purchase. These can consist of, but are not limited to the following: • Search Fees; • Stamp Duty which will depend on your circumstances; • Leasehold Notice Fees; • Indemnity Insurance Premiums; and • HM Land Registry Fees. There may be other disbursements that will need to be incurred when and details of these may only transpire during the course of your matter which could take between 4 and 8 weeks to complete. Residential Sale Our services include acting for you and any lender(s) to redeem their mortgage or charge when you sell your residential property. We will obtain further details of what is involved in your sale at the outset of the matter in order to provide you with a more accurate estimate of our charges. Our minimum fee for any transaction is £330 and our charges for a typical house sale for a selling price up to £125,000 begin at £780 which will include the redemption of one mortgage or charge secured against the property. If the property is subject to more than one charge and any other restriction not relating to a first mortgage then this will involve additional work and will be charged at an hourly rate of £210 with each telephone call and letter being charged at £18. If the selling price is higher than £125,000 then our charges can be up to £1,830. Our charges exclude the costs of disbursements which are the costs that will have to be paid to progress and complete your sale. These can consist of, but are not limited to the following: • Leasehold Management Pack; • Indemnity Insurance Premiums; and • HM Land Registry Fees to obtain Title Documents. Other disbursements may arise during your matter, which could take 4 to 8 weeks to complete.