EVERATT’S LLP

Fees and disbursements on the purchase of a freehold residential property

Our fees cover all of 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 you wish to buy is in Wales.

Legal fees  :  Please refer to our table of estimated fees.

Disbursements - Disbursements are costs related to your matter that are payable to third parties, such as Land Registry fees. We handle the payment of the disbursements on your behalf to ensure a smoother process.

Preliminary Search fees

£250.00

HM Land Registry fees

This depends on the purchase price of your property. You can calculate the amount you will need to pay by using HM Land Registry's website

Electronic money transfer fee

£15.00 plus VAT

Stamp Duty or Land Tax

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 -

How long will my house purchase take?

How long it will take from your offer being accepted until you can move in to your house will depend on a number of factors. The average process takes between 8 - 12 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 8 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.

Stages of the process

The precise stages involved in the purchase of a residential property vary according to the circumstances. However, below we have suggested some key stages that you may wish to include:

  1. Take your instructions and give you initial advice

  2. Check finances are in place to fund purchase and contact lender's solicitors, if needed

  3. Receive and advise on contract documents

  4. Carry out searches

  5. Obtain further planning documentation, if required

  6. Make any necessary enquiries of seller's solicitor

  7. Give you advice on all documents and information received

  8. Go through conditions of mortgage offer with you

  9. Send final contract to you for signature

  10. Agree completion date (date from which you own the property)

  11. Exchange contracts and notify you that this has happened

  12. Arrange for all monies needed to be received from lender and you

  13. Complete purchase

  14. Deal with payment of Stamp Duty/Land Tax

  15. Deal with application for registration at Land Registry

* Our fee assumes that:

this is a standard transaction and that no unforeseen matters arise including for example (but not limited to) a defect in title which requires remedying prior to completion or the preparation of additional documents ancillary to the main transaction;

the transaction is concluded in a timely manner and no unforeseen complication arise;

all parties to the transaction are co-operative and there is no unreasonable delay from third parties providing documentation;

no indemnity policies are required. Additional disbursements may apply if indemnity policies are required;