Our fees cover all the work required to complete the sale of your home, including the discharge of 1 mortgage, subject to the matters mentioned at the end of this section (which is not an exhaustive lsit), which will involve additional fees and possibly disbursements.
If the matter requires additional work of the nature mentioned above, you will be informed of this, and what the additional cost will be, at the earliest possible time.
Sale of a typical freehold registered house
Price bracket £ Our charges £ Vat on charge £ Total £
0- 100,000 560.00 112.00 672.00
100,001 - 250,000 620.00 124.00 744.00
250,001 - 400,000 650.00 130.00 780.00
400,001 - 550,000 750.00 150.00 900.00
550,001 - 1,000,000 850.00 170.00 1,020.00
1,000,001 - 2,000,000 1,500.00 300.00 1,800.00
Electronic money transfer fee £35.00 plus VAT total £42.00 per transfer, estimated 2 required, one to pay off the mortgage and the other of the net sale proceeds to the Client
HM Land Registry fees for Office Copy entries of title details - estimated £20.00
Sale of a typical leasehold registered house on a long lease
Our charges will be, as outlined for the sale of a freehold registered house, plus an additional £50.00 plus VAT in each price band, to reflect the additional work required for this type of property.
These will be as outlined for the sale of a freehold registered property plus the following additional charges:-
HM Land Registry fees for office copies of the Lease and of the freehold interest in the property - estimated at £35,.00
Other fees payable to the ground landlord or management company under the terms of the lease - unknown at this stage.
Sale of a typical leasehold registered flat
Our charges will be as outlined for the sale of a freehold registered proeprty, plus an additional £150.00 plus VAT, in each price band, to reflect the additional work required for this type of property.
These will be as outlined for the sale of a freehold registered property, plus the following additional charges:-
HM Land Registry fees for office copy of the Lease and of the freehold interest in the property - estimated £35.00
Fees payable to the ground landlord or managment company for a pre-assignment pack - varies with each transaction and can be anywhere from £150.00 plus VAT to £350.00 plus VAT or even possibly more.
Other fees payable to the ground landlord or management company under the terms of the lease - unknown at tis stage.
Sale of an unregistered freehold house
Our charges would be as outlined above for a registered freehold house, plus additional charges of £200.00 plus VAT for the additional work involved in perusing unregistered deeds and preparing epitome of title.
As above on the sale of a registered freehold house, save that there will be no fees for office copies from the Land Registry.
The following additonal charges will apply:-
HM Land Registry fee for Index Map search £4.00
HM Land Charges Registry land charge search fees and office copy fees - estimated £12.00.
Matters not included in the fees quoted above which will incur additional charges
Our fee assumes that:-
a. This is a standard transaction, and that no unforseen matters arise, including for example (but not limited to ) a defect in title, which requires remedying by the completion , or preparation of additional documents, such as statutory declarations.
b. No indemnity policy is required to be arranged, to overcome a defect in title.
c. There is no more than 1 mortgage to be discharged.
d. The property is not let out.
e. The property is not subject to any restrictions on its sale.
f. It is not the sale of a property bought with the aid of a Help to Buy mortgage.
g. It is not the sale of a property which is an affordable home.
h. It is not the sale of a freehold property on an estate where there is a management company maintaining the common parts.
i. It is not a transaction involving extending a lease.
j. It is not a transaction requiring the acquisition of the freehold of a property, or, requiring serving of notices to acquire the freehold and assigning the benefit to the buyer.
k. It is not a transaction involving more than one legal interest in a property.
l. It is not the sale of part of the property, where additinal rights, reservations of rights and covenants might be required.
m. It is not a transaction, where we are required to prepare a plan relating to the land to be sold.
n. It is not the sale of a property at auction.
o. It is not a sale where there are multiple owners, who need to be communicated with separately.
p. There is no Islamic mortgage.