TRANSPARENCY:
Pursuant to the SRA’s rules on transparency, we give below an outline of fees charged by this firm and the basis upon which they are calculated where they cannot be fixed at the outset:-
CONVEYANCING: (fees in Pound Sterling – VAT is applicable to all of our fees and to some disbursements)
RESIDENTIAL CONVEYANCING (Sale/Purchases)
| Up to £100.000 | £750.00 | £785.00 |
| £100,001 – £200,000 | £800.00 | £850.00 |
| £200,001 – £300,000 | £900.00 | £950.00 |
| £300,001 – £400,000 | £950.00 | £985.00 |
| £400,001 – £500,000 | £985.00 | £1,000.00 |
| £500,001 – £750,000 | £1,000.00 | £1,200.00 |
| £750,001 – £1,000,000 | £1,200.00 | £1,300.00 |
| £1,000,001 + | From £1,300.00 | From £1,500.00 |
Additional costs on conveyancing:
Telegraphic Transfer of Funds Fee £35.00 plus VAT
Administration Fee for arranging Indemnity Policies £20.00 plus VAT
Administration Fee for Electronic Submission of Land Registry Application £25.00 plus VAT
Leasehold/Shared Ownership/New Builds – There is an additional £350.00 plus VAT to be added to your fees
Lender / Mortgages Administration Fee if your mortgage is processed through LMS or Connect. £30.00 to £42.00
Gifted deposits Administration Fees £40.00 plus VAT per gift
Due Diligence checks Fee £40.00 plus VAT per person (this fee is lower per person if there is more than one client on the matter)
E conveyancing fee (From July 2024) sale – £30.00 plus VAT , Purchase £35.00 plus VAT
Help to buy and Lifetime ISA administration fee: £100.00 plus VAT
SDLT, Land Registry fees and other disbursements will be calculated based on the property prices and other factors that may affect Stamp Duty Land Tax. Please call for more information.
Transfers of Equity
| No Mortgage | £650.00 upwards |
| Subject to a Mortgage | £850.00 upwards |
| Freehold Reversion | £850.00 upwards |
| Further Advance | £400.00 upwards |
| Re-mortgage | £750.00 upwards |
| Residential Lease Extensions | £850.00 upwards |
COMMERCIAL
| Sale | Purchase | |
|---|---|---|
| Minimum fee for a sale or purchase | £1,000.00 | £1,200.00 |
COMMERCIAL LEASES
| Minimum fee | £1,200.00 – variable upon the length and terms of the Lease |
NB Conveyancing fees are reviewed annually in April of each year
In addition to our fees we charge an Administration fee of £35.00 plus vat for each telegraphic transfer of funds, and an Administration fee of £25.00 plus vat for electronic registration of title at the Land Registry (where possible resulting in a lower Land Registry fee being payable) and an Administration fee of £20.00 plus vat in arranging any Indemnity Insurance Policy that is necessary.
Disbursements including Search fees, Land Registry fees and Stamp Duty Land Tax may also be payable.
WILLS:
| Individual – basic | £350.00 plus VAT |
| Mirror Wills (eg husband and wife) | £500.00 plus VAT |
Lasting Powers of Attorneys:
For 1 x LPA (Lasting Power of Attorney) our fee is £350.00 plus VAT. If you have 2 x LPA’s the cost is £500.00 plus VAT for both plus the Office of the Public Guardian fee which is £82.00 per LPA.
Hourly Rates:
| Paul Burgoyne | £250.00 plus VAT |
| Chloe Burgoyne | £250.00 plus VAT |
| Maneer Ahmed | £250.00 plus VAT |
| Charlotte Knight | £175.00 plus VAT |
PROBATE:
| Our minimum fee for obtaining a Grant of Probate | £850.00 plus VAT |
| or Letters of Administration is | £850.00 plus VAT |
| In complex estates or where Inheritance Tax is payable – at the hourly rates above mentioned but with a minimum fee of | £1,500.00 plus VAT |
All charges are subject to change should the matter prove more difficult than expected although it is our policy not to vary our fixed fees unless absolutely necessary and then only after consultation with our client.
On abortive transactions we generally make only a nominal charge dependent upon the extent of work undertaken at the time.