EMAIL | 01423 566666
Our fee covers the work required to complete the sale of a residential property.
Our fee will depend on the agreed sale price, whether the property is a leasehold or a freehold property and the complexity of your particular transaction.
Sale Price | Freehold | Leasehold |
Up to £499,999 | £1,100 plus VAT (£1,320 in total) | £1,325 plus VAT (£1,590 in total) |
£500,000 – £649,999 | £1,250 plus VAT (£1,500 in total) | £1,450 plus VAT (£1,740 in total) |
£650,000 – £849,999 | £1,400 plus VAT (£1,680 in total) | £1,650 plus VAT (£1,980 in total) |
£850,000 – £999,999 | £1,600 plus VAT (£1,920 in total) | £1,900 plus VAT (£2,280 in total) |
£1,000,000 – £1,249,999 | £1,850 plus VAT (£2,220 in total) | £1,995 plus VAT (£2,394 in total) |
£1,250,000 – £1,499,999 | £2,100 plus VAT (£2,520 in total) | £2,250 plus VAT (£2,700 in total) |
£1,500,000 – £1,749,999 | £2,350 plus VAT (£2,820 in total) | £2,500 plus VAT (£3,000 in total) |
£1,750,000 – £2,000,000 | £2,550 plus VAT (£3,060 in total) | £2,750 plus VAT (£3,300 in total) |
£2,000,001 + | Our fee will be 0.15% of the agreed sale price. For example, if the sale is for a £2,500,000 property, our fee would be £3,750 plus VAT. Please feel free to contact us to discuss further. |
What may impact on the level of fees?
Factors which could affect the overall costs include:
There are some factors which will not be known until after the transaction commences which means that extra work is required. We will advise you about any additional fees if and when such issues arise. However, the matters listed below are some of the situations that may arise for which additional fees will apply:
In the vast majority of cases we will provide you with a fixed fee based on the above ranges once we have spoken to you and gathered all necessary information. Where we are unable to offer you a fixed fee we will provide you with a fee estimate based on the time we believe the sale will take. Our hourly rates range from £140 to £205 plus VAT (£168 to £246 in total) based on the level of qualification and experience. Your work will be allocated to the most cost effective team member with the appropriate experience.
Disbursements are costs related to your transaction that are payable to third parties. We handle the payment of the disbursements on your behalf. Disbursements may include the following:
Our fees are designed to reflect the average conveyancing transaction and do not take account of unexpected difficulties or more complex issues which may arise. Conveyancing is not always straightforward, but in general, this is what we will do during a typical sale of a residential property:
It would not normally be necessary to undertake other work or incur other costs other than those described above. However, we would be very happy to provide you with a more tailored quote for all stages of your particular case once we know about your specific circumstances.
The time taken from receipt of your mortgage offer until completion of your mortgage will depend on a number of factors. The average transaction takes between 4-6 weeks. It can be quicker or slower, depending on the particular circumstances of your transaction.
Our Residential Property Team is led by Kelly Buckle-Fleming and the team comprises Tracy McKenna and Diane Bootland. Click on their names for links to view the team’s profiles.