conveyancing | matrimonial | commercial | litigation

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How we charge

We are required by the SRA to provide information on our website regarding how our fees are calculated for certain types of matters. This information is below. Please note however that as a firm it is our policy to treat all clients and instructions as individuals and we would therefore welcome the opportunity to talk to you and provide an estimate that is tailored to your specific needs.

Conveyancing

Purchase of a residential property at a price of less than £1,000,000.00

Our fees cover all of the work required to complete the purchase of your new home, including dealing with registration at the Land Registry and dealing with the payment of Stamp Duty Land Tax (Stamp Duty) if the property is in England, or Land Transaction Tax (Land Tax) if the property you wish to buy is in Wales.

Conveyancer's fees and disbursements

  • Our legal fee for carrying out he work for you is estimated to be £995.00 plus VAT of £199.00
  • Search fees of approximately £200.00 - £400.00 depending on the Local Authority in which the property is situated.
  • A Land Registry registration fee which is dependent on the price being paid for the property. The current fees can be obtained at http://landregistry.data.gov.uk/fees-calculator.html
  • An Electronic money transfer fee £30.00 plus VAT of £6.00
  • Our additional legal fee if the property is leasehold is £250.00 plus VAT of £50.00
  • Our additional legal fee if the property is a new-build property is £400.00 plus VAT of £80.00
  • Our additional legal fee is the property is shared ownership is £250.00 plus VAT of £50.00
  • Our additional legal fee if the property is a retirement property is £150.00 plus VAT of £30.00
  • Our additional legal fee if we are instructed to act for your mortgage lender is £200.00 plus VAT of £40.00. Some lenders also charge a fee for using their panel management system and these fees vary from approximately £10.00 to £20.00

Disbursements are costs related to your matter that are payable to third parties, such as Land Registry fees. We handle the payment of the disbursements on your behalf to ensure a smoother process.

Stamp Duty or Land Tax (on purchase)

This depends on the purchase price of your property. You can calculate the amount you will need to pay by using HMRC's website or if the property is located in Wales by using the Welsh Revenue Authority's website here..

How long will my house purchase take?

The time it will take from your offer being accepted until you can move in to your house will depend on a number of factors. The average process takes between 6-12 weeks.

The conveyancing process can be quicker or slower, depending on the parties in the chain. For example, if you are a first time buyer, purchasing a new build property with a mortgage in principle, it could take 6 weeks. However, if you are buying a leasehold property that requires an extension of the lease, this can take significantly longer, between 4 and 9 months. In such, a situation additional charges would apply.

Stages of the process

The precise stages involved in the purchase of a residential property vary according to the circumstancesWe have set out below the usual tasks that we will complete during the transaction. We will:

  • Take your instructions and give you initial advice
  • Check finances are in place to fund purchase and contact lender's solicitors if needed
  • Receive and advise on contract documents
  • Carry out searches
  • Obtain further planning documentation if required
  • Make any necessary enquiries of seller's solicitor
  • Give you advice on all documents and information received
  • Go through conditions of mortgage offer with you
  • Send final contract to you for signature
  • Agree completion date (date from which you own the property)
  • Exchange contracts and notify you that this has happened
  • Arrange for all monies needed to be received from lender and you
  • Complete purchase
  • Deal with payment of Stamp Duty/Land Tax
  • Deal with application for registration at Land Registry

Potential additional disbursements for a leasehold residential property

This list is not exhaustive and other disbursements may apply depending on the terms of the lease. We will update you on the specific fees upon receipt and review of the lease from the seller's solicitors.

  • Notice of Transfer fee – This fee if chargeable is as set out in the lease. Often the fee is between £75.00-£200.00.
  • Notice of Charge fee (if the property is to be mortgaged) – This fee is set out in the lease. Often the fee is between £75.00 and £200.00.
  • Deed of Covenant fee – This fee is provided by the management company for the property and can be difficult to estimate. Often it is between £100.00 and £250.00.
  • Certificate of Compliance fee - To be confirmed upon receipt of the lease, as can range between £100.00 – £250.00.

These fees vary from property to property and can on occasion be significantly more than the ranges given above. 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 this we receive this information.

Sale of a residential property at a price of less than £1,000,000.00

Our fees cover all of the work required to complete the sale of your property including redeeming any mortgage secured against the property.

Conveyancer's fees and disbursements

  • Our legal fee for carrying out he work for you is estimated to be £825.00 plus VAT of £165.00
  • Land Registry disbursements of approximately £6.00 - £18.00 depending on the documents required.
  • An Electronic money transfer fee £30.00 plus VAT of £6.00 per money transfer
  • Our additional legal fee if the property is leasehold is £100.00 plus VAT of £20.00
  • Our additional legal fee is the property is shared ownership is £150.00 plus VAT of £30.00
  • Our additional legal fee if the property is a retirement property is £100.00 plus VAT of £20.00
  • A Fee payable to any management company or freeholder that manages the building which will vary from property to property but is often between £200.00-450.00 plus VAT

Disbursements are costs related to your matter that are payable to third parties, such as Land Registry fees. We handle the payment of the disbursements on your behalf to ensure a smoother process.

How long will my house sale take?

How long it will take from the offer being accepted until the sale completes will depend on a number of factors. The average process takes between 6-12 weeks.

It can be quicker or slower, depending on the parties in the chain. For example, if you are selling a leasehold property that requires an extension of the lease, this can take significantly longer, between 4 and 9 months. In such, a situation additional charges would apply.

Stages of the process

The precise stages involved in the sale of a residential property vary according to the circumstances. However, below we have set out some key stages that apply to the majority of transactions. We will:

  • Take your instructions and give you initial advice
  • Arrange for you to complete the protocol forms
  • Obtain and investigate the title to the property and your right to sell the property
  • Obtain a redemption statement from your mortgage lender
  • Obtain replies to enquiries from any management company
  • Prepare contract documents and send these to the buyer’s solicitor
  • Respond to any necessary enquiries of the buyer's solicitor
  • Give you advice on all enquiries received
  • Send final contract to you for signature
  • Agree completion date (date on which you sell the property)
  • Exchange contracts and notify you that this has happened
  • Calculate any apportionments to be collected
  • Arrange for all monies required to be collected from the buyer’s solicitor
  • Complete purchase
  • Pay the estate agent, if any
  • Redeem the mortgage, if any
  • Account to you.

Our estimated fee assumes that:

  1. this is a standard transaction and that no unforeseen matters arise including for example (but not limited to) a defect in title which requires remedying prior to completion or the preparation of additional documents ancillary to the main transaction
  2. this is the assignment of an existing lease and is not the grant of a new lease
  3. the transaction is concluded in a timely manner and no unforeseen complication arise
  4. all parties to the transaction are co-operative and there is no unreasonable delay from third parties providing documentation
  5. no indemnity policies are required. Additional disbursements may apply if indemnity policies are required.

Re-mortgage of a residential property at a price of less than £1,000,000.00

Our fees cover all of the work required to complete the re-mortgage of your home including redeeming any mortgage secured against the property.

Conveyancer's fees and disbursements

  • Our legal fee for carrying out he work for you is estimated to be £525.00 plus VAT of £105.00
  • Land Registry disbursements of approximately £6.00 - £18.00 depending on the documents required.
  • An Electronic money transfer fee £30.00 plus VAT of £6.00 per money transfer
  • Searches or Search Insurance depending on the requirements of your lender which can cost approximately £100.00 - £400.00.
  • Our additional legal fee if the property is leasehold is £100.00 plus VAT of £20.00
  • Our additional legal fee is the property is shared ownership is £150.00 plus VAT of £30.00
  • A Fee payable to any management company or freeholder that manages the building which will vary from property to property but is often between £200.00-450.00 plus VAT

Disbursements are costs related to your matter that are payable to third parties, such as Land Registry fees. We handle the payment of the disbursements on your behalf to ensure a smoother process.

How long will my re-mortgage take?

How long it will take from the offer being issued until completion will depend on a number of factors. The average process takes between 4-8 weeks.

Stages of the process

The precise stages involved in the sale of a residential property vary according to the circumstances. However, below we have set out some key stages that apply to the majority of transactions. We will:

  • Take your instructions and give you initial advice
  • Obtain and investigate the title to the property and your right to re-mortgage the property
  • Obtain a redemption statement from your existing mortgage lender
  • Obtain replies to enquiries from any management company
  • Consider the conditions of your mortgage offer and attending to any necessary requirements
  • Agree completion date (date on which the transaction completes)
  • Redeem the existing mortgage, if any
  • Account to you.

Our estimated fee assumes that:

  1. this is a standard transaction and that no unforeseen matters arise including for example (but not limited to) a defect in title which requires remedying prior to completion or the preparation of additional documents ancillary to the main transaction
  2. the transaction is concluded in a timely manner and no unforeseen complication arise
  3. no indemnity policies are required. Additional disbursements may apply if indemnity policies are required.

One of our experienced conveyancers or solicitors will be dedicated to work on your matter and full details of our team are available here. Regardless of who works on your matter they will be supervised by Robert Selwyn, Partner and Senior Responsible Officer.

Probate

We anticipate this will take between 3 and 6 hours work at £200.00 per hour. Total costs estimated at £600.00 -£1,200.00 (+VAT).

The exact cost will depend on the individual circumstances of the matter. For example, if there is one beneficiary and no property, costs will be at the lower end of the range. If there are multiple beneficiaries, a property and multiple bank accounts, costs will be at the higher end.

We will handle the full process for you. This quote is for estates where:

  • There is a valid will
  • There is no more than one property
  • There are no more than 3 bank or building society accounts
  • There are no shares
  • There are no other intangible assets
  • There are 1-4 beneficiaries
  • There are no disputes between beneficiaries on division of assets. If disputes arise this is likely to lead to an increase in costs
  • There is no inheritance tax payable and the executors do not need to submit a full account to HMRC
  • There are no claims made against the estate

Disbursements included in this fee:

  • Probate application fee of £155.00
  • £5.00 to £7.00 Swearing of the oath (per executor)
  • Bankruptcy Search via Land Charges Department searches (£2.00 per beneficiary)
  • £150.00 - £300.000 for the post in The London Gazette and local Newspaper to protect against unexpected claims from unknown creditors.

Disbursements are costs related to your matter that are payable to third parties, such as court fees. We handle the payment of the disbursements on your behalf to ensure a smoother process.

Potential additional costs

  • If there is no will or the estate consists of any share holdings (stocks and bonds) there is likely to be additional costs that could range significantly depending on the estate and how it is to be dealt with. We can give you a more accurate quote once we have more information.
  • If any additional copies of the grant are required, they will cost 50p (1 per asset usually).
  • Dealing with the sale or transfer of any property in the estate is not included.

How long will this take?

On average, estates that fall within this range are dealt with within 3-12 months. Typically, obtaining the grant of probate takes 6-8 weeks. Collecting assets then follows, which can take between 3-8 weeks. Once this has been done, we can distribute the assets, which normally takes 2-8 weeks.

Debt recovery

Court Claims

The value of the Court Fee will depend on the amount you are claiming. A full breakdown of court fees and charges is found here https://www.gov.uk/government/publications/fees-in-the-civil-and-family-courts-main-fees-ex50.

We would expect our costs and court fees to be in the region of:

Debt value

Court fee

Our fee (incl. VAT)

Total

Up to £5,000

Up to £205.00

£480.00

£685.00

£5,001 - £10,000

£455.00

£720.00 (XVAT)

£1,175.00

£10,001 - £50,000

5% value of the claim

£960.00

Depends on Court Fee

These costs apply where your claim is in relation to an unpaid invoice which is not disputed and enforcement action is not needed. If the other party disputes your claim at any point, we will discuss any further work required and provide you with revised advice about costs if necessary, which could be on a fixed fee (e.g. if a one off letter is required), or an hourly rate if more extensive work is needed.

Anyone wishing to proceed with a claim should note that:

  • The VAT element of our fee cannot be reclaimed from your debtor.
  • Interest and compensation may take the debt into a higher banding, with a higher cost.
  • The costs quoted above are not for matters where enforcement action, such as the bailiff, is needed to collect your debt.

Our fee includes:

  • Taking your instructions and reviewing documentation
  • Undertaking appropriate searches
  • Sending a letter before action
  • Receiving payment and sending onto you, or if the debt is not paid, drafting and issuing claim
  • Where no Acknowledgment of Service or Defence is received, applying to the court to enter Judgement in default
  • When Judgement in default in received, write to the other side to request payment
  • If payment is not received within 7 days, providing you with advice on next steps and likely costs

Matters usually take 1-3 months from receipt of instructions from you to receipt of payment from the other side, depending on whether or not it is necessary to issue a claim. This is on the basis that the other side pays promptly on receipt of Judgement in default. If enforcement action is needed, the matter will take longer to resolve.