Conveyancing Fees for your Sale or Purchase

Value Freehold Sale Freehold Purchase Leasehold Sale or Purchase    
Min Max Min Max
up to £150k 595 795 695 895 895 1200
£150k-£350 845 995 795 995 995 1400
£350k-£500 945 1095 995 1095 1095 1500
£500k-£750 1095 1300 995 1400 1195 1700
over £750 1300 1500 1300 1600 1700 1900


All prices are plus VAT

There will also be the usual conveyancing disbursments and additional costs for a sale and purchase as below.

Sale

Disbursements and standard additional costs
Bank Transfer Fee – £54.00
Office Copies from the Land Registry – £6.00 Plus additional fees if we have to apply for transfers which are referred to in the title or a copy of a lease in leasehold cases.

Purchase

Disbursements and standard additional costs
Searches – £250.00
Bankruptcy Search – £4.00/Priority Search – £3.00
Land Registry Fees – This will depend how much you are purchasing for, see table below
Stamp Duty – This will depend how much you are purchasing for, see table below and there are also different rates for first time buyers or those who already own a property and are purchasing another one.

Stamp Duty Admin Fee – £75 plus vat – This is our fee for dealing with the stamp duty submission form.

Mortgage Fee – £100 plus vat -This is our admin fee for dealing with your mortgage.

Nicola Phillips Solicitors offers clients an excellent service. A direct telephone number straight through to your solicitors. We will ensure your transaction goes smoothly whether you are selling, investing or moving home. Let us take the stress out of your move. We will do all we can to do your conveyancing in accordance with your moving requirements.

The estimate of legal fees is based upon the property being of standard construction and that your transaction proceeds without major complication.

Notes to accompany purchase costs

Land Registry Fees are payable to register the property in your name. The Land Registry do vary these from time to time however these are correct at the time of this estimate. We do have online access to the Land Registry and if this is in use when we file your application and you do not have different solicitors acting for your lender then it will be possible to obtain a reduced price for the registration.

Value or amount Fee
£0 – £50,000 £40.00
£50,001 – £80,000 £70.00
£80,001 – £100,000 £120.00
£100,001 – £200,000 £190.00
£200,001 – £500,000 £270.00
£500,001 – £1,000,000 £540.00
£1,000,001 or over £910.00


If you transaction is one where we can do the registration online then your land registry fees will be 50% lower.

Search Fees: Where you are purchasing with a mortgage, your lender will insist on certain searches being carried out and we will report to you on the results. These include a Local, Drainage, Chancel and Environmental Search. Certain areas may also require a coal mining search and you will be advised if this is necessary. Our fees include an administration charge for organising the searches.

Stamp Duty is a government tax and is payable for all purchases over £125,000 at the following rates:

The Property or Lease Premium or transfer value Percentage of Value
Up to £125,000 0%
The next £125,000 (the portion from £125,001 to £250,000) 2%
The next £675,000 (the portion from £250,001 to £925,000 5%
The next £575,000 (the portion from £925,001 to £1.5 million) 10%
The remaining amount (the portion above £1.5 million) 12%

4 Bank Transfer Fee: This fee is to cover the bank’s charges and also any administration costs of this firm in sending funds electronically on completion.

The estimate covers all conventional work associated with the transfer of the whole of the property. Additional fees are payable for work outside the scope of the estimated work. These fees are payable even if the transaction does not proceed. It may be you are buying a newbuild or the property you are selling is unregistered for example.

In particular if there is less than seven working days between exchange and completion we will charge and additional £180 plus VAT to take account of the extra work involved in expediting the post exchange work.

VAT: VAT will be charged at the rate applicable on the date you are invoiced.