Sales and Purchases
| Transaction | Fees | VAT | Total |
| Minimum Fee for Sale | £1,500.00 | £300.00 | £1,800.00 |
| Minimum Fee for Purchase | £1,800.00 | £360.00 | £2,160.00 |
VAT is currently 20%
Leases and Lease Extensions
| Transaction | Fees | VAT | Total |
| Minimum fee | £1,500.00 | £300.00 | £1,800.00 |
Our fees are variable depending upon the length and terms of the Lease
VAT is currently 20%
Disbursements
| Description | Fees | VAT | Total |
| Telegraphic Transfer Fee | £35.00 | £7.00 | £42.00 |
| Administration Fee for electronic submission of Land Registry application | £25.00 | £5.00 | £30.00 |
| Administration Fee for arranging any indemnity policies | £20.00 | £4.00 | £24.00 |
| Anti-Money Laundering Check (there is a reduced fee if more than one client on a matter) | £40.00 | £8.00 | £48.00 |
| Lawyer Check (per firm) | £10.00 | £10.00 | |
| Office Copy Entries (per title and plan) | £7.00 | £7.00 | |
| Bankruptcy Search (per person) | £6.00 | £6.00 | |
| Companies House Registration Fee | £23.00 | £23.00 |
Searches are estimated to cost between £750.00 and £900.00. This varies depending on the searches required and the local authority.
Land Registry fee are payable on all purchases and Lease registrations where the Lease is for a term of 7 years or longer. The fees are calculated based on the purchase price.
Stamp Duty Land Tax may also be payable. Please follow the link below to the Stamp Duty Land Tax calculator to calculate any liability payable.
https://www.tax.service.gov.uk/calculate-stamp-duty-land-tax/#!/intro
Abortive Costs
Our costs for abortive matters are calculated depending on the amount of time spent on a matter. Any costs for disbursements already incurred will remain payable.
To discuss a commercial transaction and obtain a quotation please call us on 01922 616916 or email either Maneer Ahmed, maneer@burgoynesolicitors.co.uk or Paul Burgoyne, paul@burgoynesolicitors.co.uk