Residential Conveyancing Prices
Transparent Pricing
Iain Grimes is the head of residential property and Senior Responsible Officer for the firms membership of the Law Society CQS scheme. Helen Jarvis and Iain supervise the residential conveyancing teams at Fraser Dawbarns LLP. Iain has over 19 years experience practising as a solicitor and Helen has been qualified as a Chartered Legal Executive for over 10 years. For details of the other members of the team who may deal with your transaction please see here.
Fixed Fee Service
It is important to us that our clients know exactly what they will pay and the scope of the services they will receive at the beginning of the transaction. That is why Fraser Dawbarns offer a fixed fee service for clients who are buying property with no hidden costs or unexpected charges. When quoting for our service, we will also detail any fees that will need to be paid to other agencies. These include stamp duty land tax (SDLT), Land Registry fees, VAT and search fees.
Pricing Options
Some people would prefer to have enhanced levels of contact during their property purchase. In order to accommodate the different requirements of our clients, we offer a choice of service levels so that you can choose the level of contact that best suits your needs.
Average Cost and Timescale
Our fees are based on the value of the property you are buying. Our typical scale fee is available here. Other factors such as whether Title to the property is unregistered or whether Title is freehold or leasehold will also influence the total fee charged. The following details assume a property value of £200,000. As timescales vary depending on the service, see the relevant section for an estimate of timescale.
Sale of a Freehold/Leasehold Property
The average length of time to complete a sale, with no complications, is 10-14 weeks. The timeframes for the transaction are very difficult to predict due to the nature of chains but from the point of instruction to the point when you complete the sale of your property the 14 weeks is a realistic timescale. Each stage of the process is dependent on the cooperation of the individuals involved so to provide average timescales for each stage is very difficult. The table below relates to the sale of a freehold property valued at £200,000, with one mortgage to be repaid and no complications during the course of the sale would be as follows. Find out more information about selling a residential property here.
|
Item |
Net |
|
20% VAT |
|
Total |
|
|
£ |
£ |
£ |
||
|
Legal fee |
1,020.00 |
|
204.00 |
|
1,224.00 |
|
Disbursements: |
|
|
|
|
|
|
Up to date copies of your title deeds |
15.00 |
|
- |
|
15.00 |
|
|
1,035.00 |
|
204.00 |
|
1,239.00 |
For details of what is included in our conveyancing service, please see here.
Purchase of a Freehold/Leasehold Property
The average length of time to complete a purchase, with no complications, is 10-14 weeks. The timeframes for the transaction are very difficult to predict due to the nature of chains but from the point of instruction to the point when you collect the keys to your new property 14 weeks is a realistic timescale. Each stage of the process is dependent on the cooperation of the individuals involved so to provide average timescales for each stage is very difficult. The table below relates to the purchase of a residential property at a price of £200,000 where you are not a first-time buyer and do not own or part-own another residential property. Any complications during the course of the purchase taking place can affect the costs charged. Find out more information about buying a residential property here.
|
Item |
Net |
|
20% VAT |
|
Total |
|
|
£ |
£ |
£ |
||
|
Legal fee |
1,070.00 |
|
214.00 |
|
1,284.00 |
|
Disbursements: |
|
|
|
|
|
|
Search fees - Local, Drainage and water and Environmental Pre completion searches |
210.00 |
|
42.00 |
|
252.00 |
|
Pre completion searches |
10.00 |
|
2.00 |
|
12.00 |
|
Land Registry fee* |
190.00 |
|
- |
|
190.00 |
|
|
1,480.00 |
|
258.00 |
|
1,738.00 |
*The Land Registry fee is £190.00 where the Title to the property is unregistered, £95.00 if the title is already registered at HM Land Registry.
Find out more information about what we will carry out for you during the process of purchase your property here.
Remortgage of a Freehold/Leasehold Property
The average length of time to complete a purchase, with no complications, is 10-14 weeks. The timeframes for the transaction are very difficult to predict due to the nature of chains but from the point of instruction to the point when you collect the keys to your new property 14 weeks is a realistic timescale. Each stage of the process is dependent on the cooperation of the individuals involved so to provide average timescales for each stage is very difficult The table below relates to the purchase of a residential property at a price of £200,000 where you are not a first-time buyer and do not own or part-own another residential property. Any complications during the course of the purchase taking place can affect the costs charged. Find out more information about remortaging a residential property here.
|
Item |
Net |
|
20% VAT |
|
Total |
|
|
£ |
£ |
£ |
||
|
Legal fee |
400.00 |
|
80.00 |
|
480.00 |
|
Disbursements: |
|
|
|
|
|
|
Search fees - local search and pre completion searches |
110.00 |
22.00 |
132.00 |
||
|
Land Registry fee |
40.00 |
|
- |
|
40.00 |
|
|
550.00 |
|
102.00 |
|
652.00 |
Find out more information about what we will carry out for you during the process of remortgaging your property here.
Transfer of a Freehold/Leasehold Property
For a transfer of a freehold property where there are no complications the average length of time to complete is 4-6 weeks. Our service includes transferring a property which you already own between you and a co-owner. Fees will be approximately as shown in the table below, provided there are no complications during the course of the transfer taking place. Fees will also depend on whether the transfer will be subject to an existing mortgage or whether a new mortgage is needed Find out more information about transferring ownership here.
|
Item |
Net |
|
20% VAT |
|
Total |
|
|
£ |
£ |
£ |
||
|
Legal fee |
400.00 |
|
80.00 |
|
480.00 |
|
Disbursements: |
|||||
|
Search fees - pre completion searches |
40.00 |
8.00 |
40.00 |
||
|
Land Registry fee |
60.00 |
- |
60.00 |
||
|
500.00 |
80.00 |
588.00 |
|||
Find out more information about what we will carry out for you during the process of tranferring your property here.
Leasehold Properties
If any of the above transactions involve a leasehold title then there will on average be an additional charge by Fraser Dawbarns LLP of £350 plus VAT.
If the property is leasehold there can be delays in obtaining information from management companies which are out of our control but which may extend the average time period estimated in the freehold examples.
For details of conveyancing services costs, please see here.
Other Priced Services
Please follow the links below to find out more information about pricing and timings of the following services.
- Administration of Estates (Uncontested)
- Debt Recovery (Up to £100,000)
- Employment Tribunals (Unfair/Wrongful Dismissal)
Back to main Pricing Information page.
For more information, please contact us.
Recommended By The Legal 500 Directory*
*We are recommended for the following practice areas: Corporate and Commercial, Debt Recovery, Employment, Personal Injury: Claimant, Agriculture and Estates, Contentious Trusts and Probate, Family, Personal Tax, Trusts and Probate & Commercial Property.
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