How much will my Conveyancing transaction cost?
The following sets out the costs and fees for the work involved in a sale or purchase or re-mortgage of a residential property in England and Wales
Please note that the fees will vary depending on the value of the property. A guide to our fees for a purchase transaction appears below:
Please note that transactions where the purchase price is above £750,000 will require an individual bespoke quotation depending on the specifics of the property
Our Sale fees
Please note that transactions where the sale price is above £750,000 will require an individual bespoke quotation, depending on the specifics of the property
Every property transaction is unique. Should we be required to carry out additional work, then additional fees will become payable. As a guide, examples of the situations where additional fees would be incurred are as follows
For a more detailed list of possible additional charges click here.
What do the fees include?
Our fees cover all of the work required to complete the purchase of your new home. This includes registering the transaction at the Land Registry and dealing with the payment of Stamp Duty Land Tax if applicable.
Additional fees or disbursements
Disbursements are costs related to your matter that are payable to third parties - for example search fees, land registry fees - these are additional and will be discussed and explained before they are incurred. In conveyancing transactions disbursements are fairly standard and can be identified at the outset of the process.
Sometimes costs will be payable to third parties. These include search fees and Land Registry fees. We will handle the payment of these fees on your behalf of ensure a smoother process.
Please note that these fees can vary depending on the purchase / sale price, and in the case of Leasehold property, according to the fees set by the Freeholder or Management Company. We will add the fees to our completion statement for your approval before exchange and completion.
A guide to possible fees and disbursements is as follows:
Land Registry Fee – see list of current registration fees at https://www.gov.uk/guidance/hm-land-registry-registration-services-fees
Notice of Transfer fee – details usually appear in the Lease and can range between £50 - £300 + VAT
Notice of Charge fee (if there is to be a mortgage on completion). This fee also appears in the Lease and can range between £50 - £300 + VAT
Deed of Covenant fee. This is an individual fee charged by the Management Company and often ranges between £50 - £300 + VAT
Certificate of Compliance fee – sometimes the Land Registry will require a certificate to enable registration to take place. It is often set out in the Lease and can range between £50 - £200 + VAT
NB for Leasehold properties you need to be aware the ground rent and service charges are likely to apply throughout your ownership of the property. We will confirm the full details to you in our report on the property, as soon as we receive details from the Management Company
What are the stages involved in purchasing a property?
HOURS & LOCATION
Registered office and practice address:
AMS SOLICITORS PRESTON
1B Fairways Office Park,
Tel: 01772 653 333
Fax: 01772 653 443
Monday 9:00 am to 5:00 pm
Tuesday 9:00 am to 5:00 pm
Wednesday 9:00 am to 5:00 pm
Thursday 9:00 am to 5:00 pm
Friday 9:00 am to 5:00 pm
We are contactable 24/7. Just use the form above and we will get in touch with you.
How long does the process take?
How long 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 to 8 weeks.
What qualifications do the team hold?
All our conveyancing work is supervised by a qualified Solicitor. Specific experience of individual team members can be seen in the team member profiles.
Contact us for a Conveyancing Quote
To speak with a member of our team, please email email@example.com or call us now on 01772 653333