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
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?
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:
Take your instructions and give you initial advice
Check finances are in place to fund purchase and contact lender's solicitors, if needed
Receive and advise on contract documents
Carry out searches
Obtain further planning documentation, if required
Make any necessary enquiries of seller's solicitor
Give you advice on all documents and information received
Go through conditions of mortgage offer with you
Send final contract to you for signature
Agree completion date (date from which you own the property)
Exchange contracts and notify you that this has happened
Arrange for all monies needed to be received from lender and you
Deal with payment of Stamp Duty/Land Tax
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;