This Tariff and guide have been prepared to explain the additional services that may fall outside work associated with a residential property sales and purchases.
If in the course of selling or buying your property a defect is identified then a fee will be charged for the additional work in rectifying this. A quotation can be given once the nature of the defect has been established.
If a title defect has been identified and an insurance policy is taken out to protect against future liability then the fee for the legal work involved will be £50.00 plus VAT (£60.00)
If during the sale or purchase it is necessary for us to prepare a statutory declaration then the fee for the legal work in preparing a document will be £150.00 plus VAT (£180.00)
If there is a title restriction registered or to be registered against your property or against the property you are buying the fee for the legal work in complying with it will be £175.00 plus VAT (£210.00)
If you require us to peruse and note any survey then the fee for this will be £75 plus VAT (£90.00)
If during the transaction we need to deal with another firm, the fee for the legal work involved in those dealings will be £350.00 plus VAT (£420.00)
When a property lacks rights for proper use and enjoyment (e.g. any access) and it is necessary for a deed to be prepared to correct this, a quotation can be given once the nature of the additional documentation has been established.
If we have to go out to inspect a property there will be an additional charge of £150 plus VAT (£180.00)
If the property you are selling or buying has more than one registered or unregistered titles the fee for the additional legal work in dealing with those titles will be £80.00 plus VAT (£96.00)
If there is more than one Seller we have to deal with at different addresses then there will be an additional charge of £80.00 per person plus VAT (£96.00)
If you sell your property and instruct us to send out more than one set of contracts to prospective buyers a quotation can be given once the nature of the extra work has been established.
If you have more than one loan on the property you are selling we will be required to clear the additional loan on completion and the fee for the additional legal work involved in dealing with each additional loan on completion will be £75.00 plus VAT (£90.00)
If you ask us to prepare a Declaration of Trust to record unequal contributions made in the purchase of your property then the fee for the additional legal work will be £275.00 plus VAT (£330.00)
Where a third party (e.g. parents) are gifting money to you as part of a transaction, we have to carry out additional money laundering checks and liaise with the lender. The fee for this will be an additional £100.00 plus VAT (£120.00)
If the property you are buying or selling has not been registered with the Land Registry, the fee for additional legal work undertaken with the unregistered title will be £250.00 plus VAT (£300.00)
Sale of a Probate Property £85 + VAT (£102.00)
Most Lenders require us to give them a minimum of 5 working days’ notice when requesting the transfer of mortgage funds. The request is normally given after contracts have been exchanged. Consequently, if there is less than 5 working days between exchange and completion we reserve the right to charge a fee for the additional legal work involved in completing the transaction at short notice which will be £85.00 plus VAT (£102.00)
If in the course of a purchase or re-mortgage transaction it becomes necessary to prepare a deed of Postponement or Deed of Priority, then the fee for the legal work involved will be £85.00 plus VAT (£102.00)
If in the course of selling or re-mortgaging your property it becomes necessary to obtain retrospective consent for e.g. extensions or alterations (under an earlier covenant) then the fee for the legal work involved in obtaining retrospective consent will be £100.00 plus VAT (£120.00)
If you, or your transaction, requires proceeding urgently and has to be given priority then you will be charged a fee accordingly. This will depend on the circumstances but a charge of £350.00 plus VAT would be normal (£420.00)
If either we have to make a retention from the purchase price or retain such a figure then the fee for the legal work involved will be £75 plus VAT.
If a deed of Covenant is required when you sell or buy your property, the fee for the legal work for preparing it will be £110.00 plus VAT (£132.00)
If a sale is by Power of Attorney there is an additional charge of £150.00 plus VAT (£180.00)
It maybe that during the course of selling or buying your property that an indemnity policy is needed to be put in place. If this is the case there will be an additional charge of £50 + VAT for placing the same (£60.00)
| Lease Extension | £850.00 + VAT = £1,020 |
| Shared Ownership Purchase/Sale (Wyre Forest) | £150 + VAT = £180.00 |
| Shared Ownership Purchase/Sale (Non-Wyre Forest) | £200 + VAT = £240.00 |
| Buy to Let | £100.00 + VAT = £120.00 |
| Voluntary First Registration | £600.00 + VAT = £720.00 |
| If this involves an Assent/Transfer | £700.00 + VAT = £840.00 |
You will also have to pay Land Registry Fees and Stamp Duty as appropriate – please see below.
Assuming property already registered under one title and whole of that property being sold – if this is not the case please telephone or email for specific quote
| PROPERTY PRICE | PURCHASE – LAND REGISTRY |
|---|---|
| Up to £100,000 | £40 |
| £100,001 - £175,000 | £100 |
| £175,001 - £250,000 | £150 |
| £250,001 - £300,000 | £150 |
| £300,001 - £400,000 | £150 |
| PROPERTY PRICE | PURCHASE – LAND REGISTRY |
|---|---|
| £400,001 - £500,000 | £150 |
| £500,001 - £600,000 | £295 |
| £600,001 - £700,000 | £295 |
| £700,001 - £800,000 | £295 |
| £800,001 - £900,000 | £295 |
| £900,001 - £1,000,000 | £295 |
| £1,000,001+ | Please telephone |
These can vary if you have more than house, Or are a Company, or a Trust in which case different rates apply. Please telephone or email with your specific situation.
First time Buyers have usually no charge up to £300,000.00
| PROPERTY PRICE | PURCHASE STAMP DUTY |
|---|---|
| Up to £100,000 | £0 |
| £100,001 - £175,000 | £1,000 |
| £175,001 - £250,000 | £2,500 |
| £250,001 - £300,000 | £5,000 |
| £300,001 - £400,000 | £10,000 |
| £400,001 - £500,000 | £15,000 |
| £500,001 - £600,000 | £20,000 |
| £600,001 - £700,000 | £25,000 |
| PROPERTY PRICE | PURCHASE STAMP DUTY |
|---|---|
| £700,001 - £800,000 | £30,000 |
| £800,001 - £900,000 | £35,000 |
| £900,001 - £1,000,000 | £43,750 |
