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Conveyancing Quote

For a bespoke quotation fee please contact Carole Conroy on 01756 708756 or cc@fosterlawsolicitors.com.

CONVEYANCING FIXED FEE

Purchase of a freehold property

Conveyancer's fees and disbursements (payments to other companies):

Fosterlaw fee £xx
plus VAT@ 20% £xx

SEARCH FEES: (approximately £300)

Local Authority Search £xx
Drainage & Water Enquiry £xx
Environmental Search £xx
Coal Authority Search £xx
Land Registry fee £xx
Electronic money transfer fee £30.00
Chancel Indemnity Insurance Policy £11.20
TOTAL £xx

Disbursements are costs relating to your matter that are payable to third parties, such as Land Registry fees – landregistry.data.gov.uk/fees-calculator. We handle the payment of the disbursements on your behalf to ensure a smoother process.

Stamp Duty (on your purchase)

This depends on the purchase price of your property. You can calculate the amount you will need to pay by using www.gov.uk/stamp-duty-land-tax.

Estimated total £xx

How long will my house purchase take?

How long it will take from your offer being accepted until you can move into your house will depend on a number of factors. The average process takes between 6 – 8 weeks.

It can be quicker or slower depending on the parties in the chain. For example if you are buying a leasehold property and there is a management company involved this can take significantly longer.

Stages of the process:

The precise stages involved in the purchase of a residential property vary according to the circumstances. However, below we have suggested some key stages that you may wish to include:

  • 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 necessary enquiries of seller's solicitors
  • Give you advice on all documentation 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
  • Deal with application for registration at Land Registry

Purchase of a leasehold residential property

Our fees cover all 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.

Conveyancer's fees and disbursements:

Fosterlaw fee £xx
plus VAT@ 20% £xx

SEARCH FEES: (approximately £300)

Local Authority Search £xx
Drainage & Water Enquiry £xx
Environmental Search £xx
Coal Authority Search £xx
Land Registry fee £xx
Electronic money transfer fee £30.00
Chancel Indemnity Insurance Policy £11.20
TOTAL £xx

Disbursements:

These are costs related to your matter that are payable to third parties, such as search fees. We handle the payment of the disbursements on your behalf to ensure a smoother process. There are certain disbursements which will be set out in the individual lease relating to the property. The disbursements which we anticipate will apply are set out separately below. This list is not exhaustive and other disbursements may apply depending on the term of the lease. We will update you on the specific fees upon receipt and review of the lease from the seller's solicitors.

Anticipated Disbursements*:

  • Notice of Transfer fee – this fee if chargeable is set out in the lease. Often the fee is between £150 to £350.
  • Notice of Charge fee (if the property is to be mortgaged) – this fee is set out in the lease. Often the fee is between £50 and £100.
  • 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 and £300.
  • Certificate of Compliance fee – to be confirmed upon receipt of the lease, as can range between £150 - £200.

*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 the 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.

Stamp Duty:

This depends on the purchase price of your property. You can calculate the amount you will need to pay by using www.gov.uk/stamp-duty-land-tax

Grand total £xx

The precise stages involved in the purchase of a residential leasehold property vary according to the circumstances. However below we have suggested some key stages that you may wish to include:

  • 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
  • Send final contract to you for signature
  • Draft transfer
  • Advise you on joint ownership
  • Obtain pre-completion searches
  • 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
  • Deal with application for registration at Land Registry

How long will my house purchase 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 8-12 weeks. It can be quicker or slower, depending on the parties in the chain.

*Our fee assumes that:

  • a) 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
  • this is the assignment of an existing lease and is not the grant of a new lease
  • b) this is the assignment of an existing lease and is not the grant of a new lease
  • c) the transaction is concluded in a timely manner and no unforeseen complication arise
  • d) all parties to the transaction are co-operative and there is no unreasonable delay from third parties providing documentation
  • e) no indemnity policies are required. Additional disbursements may apply if indemnity policies are required.

Sale of a freehold property

Our fees cover all of the work required to complete the sale of your home, including redeeming any mortgage.

Conveyancer's fees and disbursements (payments to other companies):

Fosterlaw fee £xx
plus VAT@ 20% £xx
Land Registry Office copies £12.00
Electronic money transfer fee £30.00
Total £xx

Disbursements are costs relating 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 your offer being accepted until you can move out of your house will depend on a number of factors. The average process takes between 6 – 8 weeks.

It can be quicker or slower depending on the parties in the chain. For example if you are selling a leasehold property and there is a management company involved this can take significantly longer.

Stages of the process:

The precise stages involved in the sale of a residential property vary according to the circumstances. However, below we have suggested some key stages that you may wish to include:

  • Take your instructions and give you initial advice
  • Draft contract documents
  • Deal with replies to enquiries
  • Make necessary enquiries of you
  • Give you advice on all documentation and information received
  • Send final contract to you for signature
  • Agree completion date (date from which you will not own the property)
  • Exchange contracts and notify you that this has happened
  • Complete sale
  • Deal with redeeming any mortgage

Sale of a leasehold residential property:

Our fees cover all the work required to complete the sale of your home, including dealing with the management company.

Conveyancer’s fees and disbursements:

Fosterlaw fee £xx
plus VAT@ 20% £xx
Land Registry Office copies £24.00
Electronic money transfer fee £30.00
Total £xx

Disbursements:

These 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. There are certain disbursements which will be set out in the individual lease relating to the property. The disbursements which we anticipate will apply are set out separately below. This list is not exhaustive and other disbursements may apply depending on the term of the lease. We will update you on the specific fees upon receipt and review of your lease.

Anticipated Disbursements*:

Replies to management company enquires required on a sale. These can range between £200 to £400.

*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 the ground rent and service charge are likely to need apportioning on completion.

Grand total £xx

The precise stages involved in the sale of a residential leasehold property vary according to the circumstances. However below we have suggested some key stages that you may wish to include:

  • Take your instructions and give you initial advice
  • Apply for replies to management company enquiries
  • Draft contract documents
  • Deal with replies to enquiries
  • Make necessary enquiries of you
  • Give you advice on all documentation and information received
  • Send final contract to you for signature
  • Agree completion date (date from which you will not own the property)
  • Exchange contracts and notify you that this has happened
  • Complete sale
  • Deal with redeeming any mortgage

How long will my house sale take?

How long it will take from your offer being accepted until you can move out of your house will depend on a number of factors. The average process takes between 8-12 weeks. It can be quicker or slower, depending on the parties in the chain.

*Our fee assumes that:

  • a) 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
  • b) this is the assignment of an existing lease and is not the grant of a new lease
  • c) the transaction is concluded in a timely manner and no unforeseen complication arise
  • d) all parties to the transaction are co-operative and there is no unreasonable delay from third parties providing documentation
  • e) no indemnity policies are required. Additional disbursements may apply if indemnity policies are required.
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