All transactions are different and vary in complexity. We cannot give a precise cost until we have all the information for the transaction. We charge on a fee banding which is based on the value of a property:
£0 - £100,000 - £850 plus VAT
£100,001 - £300,000 - £950 plus VAT
£300,001 - £500,000 - £1,150 plus VAT
£500,001 - £1,000,000 - £1,500 plus VAT
£1,000,000 or more - 0.25% value of property plus VAT
An example of a quote for the purchase of a freehold property at £100,000 would be:
Legal fee | £850.00 |
VAT on legal fee | £170.00 |
Telegraphic transfer fee | £36.00 |
Land registration fee | £95.00 |
Searches (approximately) | £300.00 |
Pre-completion searches | £6.00 |
Stamp Duty Land Tax* | £0.00 |
Total | £1,457.00 |
*Please use the Stamp Duty Land Tax calculator here to calculate this.