Fees and disbursements on the sale of a freehold residential property
Our fees cover all of the work* required to complete the sale of your home including dealing with the redemption of any legal charges.
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.
Office Copy Entries and Filed Plan
|Electronic money transfer fee||£15.00 plus VAT|
How long will my house sale take?
It can be quicker or slower, depending on the parties in the chain. For example, if your buyer is a first-time buyer, purchasing with a mortgage in principle, it could take 8 weeks. However, if there is a long chain, this can take significantly longer, between 3 and 6 months. In such, a situation additional charges might apply.
Stages of the process
The precise stages involved in the sale 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.
Obtaining title deeds.
Upon your instructions, documentation will be prepared and sent to the Buyer’s Solicitors. This includes:
- Draft Contract.
- Copy Entries of the Title Register and plan relating to the above property.
- The Property Information Forms.
Approval and receipt of documentation and the purchase deed.
Once all enquiries raised have been settled, send final contract to you for signature.
Agree completion date.
Exchange contracts and notify you that this has happened.
You will be legally bound to move on the completion date.
If necessary, discharging of your mortgage on the property on completion.
Payment of the Estate Agents’ fees.
The balance of sale proceeds will be sent to you following completion.
* 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;
this is the assignment of an existing lease and is not the grant of a new lease;
the transaction is concluded in a timely manner and no unforeseen complication arise;
no indemnity policies are required. Additional disbursements may apply if indemnity policies are required.