Fees
Sales
From £550
Prices as follows (Ex VAT):
Up to £125,000.00 – £550.00
£125,001 to £250,000 – £600.00
£250,001 to £500,000 – £650.00
£500,001 to £750,000 – £850.00
£750,001 to 1m – £1,500.00
Includes:
Our legal fees
Timescale:
A typical property sale will take 12 – 16 weeks.
Deposit required:
We require a £50 deposit to obtain copies of the title documents from the Land Registry, full payment is required on completion of the sale.
Purchase
From £600
Prices as follows (Ex VAT):
Up to £125,000.00 – £600.00
£125,001 to £250,000 – £650.00
£250,001 to £500,000 – £750.00
£500,001 to £750,000 – £950.00
£750,001 to 1m – £1,600.00
Includes:
Our legal fees
Timescale:
A typical property purchase will take 12 – 16 weeks.
Deposit required:
We require a £200 deposit in respect of search fees, full payment is required on completion of the purchase.
Remortages
From £450
Prices as follows (Ex VAT):
Up to £100,000.00 – £450.00
£100,001 to £250,000 – £500.00
£250,001 to £400,000 – £550.00
£400,001 to £550,000 – £600.00
£550,001 to £750,000 – £700.00
£750,000 to 1m - £850.00
Includes:
Our legal fees
Timescale:
A typical property remortgage will take 2 – 4 weeks but this will depend on a number of factors.
Deposit required:
We require a £50 deposit to obtain copies of the title documents from the Land Registry, full payment is required on completion of the remortgage.
Get your Quote
To get a no obligation quotation contact us on the number below or complete our online form
Call: 01633 386026
Email: quote@wadeandwade.law
There may be additional tax due on this matter which would be separate to the estimated cost. Please visit the below links for more information:
WRA Land Transaction Tax Calculator (Properties in Wales)
HMRC Stamp Duty Tax Calculator (Properties in England)
Where the matter is unexpectedly complex, we may have to increase our fees in the following circumstances:-
if the legal title is defective or part of the property is unregistered
if we discover building regulations or planning permission has not been obtained
if crucial documents we have previously requested from you have not been provided
if there is more than one mortgage involved
VAT Charged at 20%
There may be additional fees based on the nature of your sale, purchase or remortgage, for example:-
Help to Buy ISA supplement £60.00
New build supplement £150.00
Bank transfer and administration fee £45.00 inc VAT
Leasehold supplement £180.00
The above fees are inclusive of VAT
Disbursements are costs related to third party services which we pay on your behalf. The following disbursements are not included in the above price:
Sale Disbursements
Official copies of the title documents from HM Land Registry £3.90 inc VAT per document
Purchase Disbursements
Local, drainage and environmental search package £150.00 inc VAT (Wales)
Local, drainage and environmental search package £140 inc VAT (England)
HM Land Registry registration fee depends on the value of property and whether it is a registered or unregistered property
HM Land Registry official search £3.90 inc VAT per title
Bankruptcy search £2.90 inc VAT per person
Remortgage Disbursements
Official copies of the title documents from HM Land Registry £3.90 inc VAT per document
No Search Indemnity Insurance- This fee will depend on the value of the property
HM Land Registry registration fees depends on the value of property
HM Land Registry official search £3.90 inc VAT per title
Bankruptcy search £2.90 inc VAT per person
The following additional disbursements will apply to leasehold properties and you will be advised when they are payable during the course of the transaction:-
Purchases:
Notice of Transfer fee – This fee if chargeable is set out in the lease.
Notice of Charge fee (if the property is to be mortgaged) – This fee is set out in the lease.
Deed of Covenant fee – This fee is provided by the Management Company for the property and can be difficult to estimate.
Certificate of Compliance fee – To be confirmed upon receipt of the lease.
These fees vary from property to property. We can give you an accurate figure once we have sight of your specific documents.
You should also be aware that ground rent and service charge are likely to apply throughout your ownership of the property. We will confirm the ground rent and the anticipated service charge as soon as we receive this information from the Landlord or Management Company.
Sales:
Leasehold Enquiries Form: there will be a fee payable to the Freeholder or Management Company for obtaining ground rent and service charge information. This information must be supplied to the purchaser and the fee is determined by the Freeholder or Management Company for the property and can be difficult to estimate.