Conveyancing Prices

Solicitors in Watford offering you help & support with conveyancing and property law

Overview of our Conveyancing Prices

Freehold Sale

Price under £400,000.00 – £900.00 + VAT
Price over £400,000.00 – £1000.00 + VAT
Price over £500,000.00 – £1,100.00 + VAT
Price over £750,000.00 – £1,200.00 + VAT
Price over £1,250,000.00 – from £1,600.00 + VAT but please speak to us

N.B. We reserve the right to charge an additional £100 + VAT if there is a charge/ mortgage.

Leasehold Sale

Price under £350,000.00 – £1150.00 + VAT
Price over £350,000.00 – £1,400.00 + VAT
Price over £500,000.00 – £1,700.00 + VAT
Price over £750,000.00 – £1,800.00 + VAT
Price over £1,250,000.00 – from £1,800.00 plus VAT but please speak to us

N.B. We reserve the right to charge an additional £100 + VAT if there is a charge/ mortgage.

Freehold Purchase (Except New Builds)

Price under £400,000.00 – £950.00 + VAT
Price over £400,000.00 – £1050.00 + VAT
Price over £500,000.00 – £1,200.00 + VAT
Price over £750,000.00 – £1,600.00 + VAT
Price over £1,250,000.00 – from £1,800.00 + VAT but please speak to us

If we are to act for your lender/mortgagee please add an additional £100.00 + VAT

Leasehold Purchase

Price under £350,000.00 – £1250.00 + VAT
Price over £350,000.00 – £1,500.00 + VAT
Price over £500,000.00 – £1,800.00 + VAT
Price over £750,000.00 – £1,950.00 + VAT
Price over £1,250,000.00 from £2,200.00 plus VAT but please speak to us

If we are to act for your lender/mortgagee please add an additional £100.00 + VAT

Remortgage (except equity release mortgages)

Minimum £550 + VAT if freehold.

Minimum £700 + VAT if leasehold.

Transaction involving more than one title (unless the overall title is more complicated than this – please see below)

Other conveyancing work

New build purchases/ Shared Ownership/ Transfers of Equity/ Lease Extensions/ Equity release mortgages

Please contact us

To the above charges you will need to add our conveyancing disbursements/ Stamp Duty Land Tax – please see Conveyancing Disbursements and Stamp Duty Land Tax.

Conveyancing Disbursements

Disbursements are costs related to your case that are payable by us to third parties. These need to be added to our own stated charges plus VAT – see table of our own charges. We have set out below the usual disbursements relevant to the transactions listed.

There should be little or no variation between our disbursements and those which other solicitors/conveyancing firms will charge you:

Freehold Sale

Land Registry/related fees: £6.00 per title/£3.00 for each additional title document.

Bank transfer fee for immediate redemption of any mortgage/other payments £36.00 per transaction.

Freehold Purchase

Preliminary searches: approx. £300.00 in this area, but check if the property out of the West Herts area.

Final Land Registry/related searches £3.00 per title.

Bankruptcy search (if mortgage) £2.00 for each name searched against.

Bank transfer fees for immediate transmission of funds £36.00 per transaction.

Land registration fee – this will be charged on a sliding scale. We can confirm the figure applicable to your particular transaction when you contact us, but in the meantime you can calculate the figure by going onto the Land Registry website.

Leasehold Sale

See freehold sale – also payments to managing agents/ freeholder for their responses to preliminary enquiries. We will need to establish these in each individual case.

Leasehold Purchase

See freehold purchase – also managing agents/ freeholder’s fees for notices/ compliance certificates/ any Deed of Covenant required – again we will need to establish these in each case.

Remortgage

See relevant purchase table above – please note full preliminary searches may not be necessary, but we will have to establish this.

Stamp Duty Land Tax (on purchase)

This likewise needs to be added to our own charges plus VAT – see table of our own charges. The amount depends on the purchase price of your property. You can calculate the amount you will need to pay by using HMRC’s website here, or if the property is located in Wales by using the Welsh Revenue Authority’s website here.

Freehold & Leasehold Sale/Purchase Transactions

How long will my transaction take?
This will depend on a number of factors. A straightforward case can proceed to completion in as little as 6 weeks to 2 months from your accepting your buyer’s offer/your offer being accepted. However, more complicated cases can and do take up to 3 months or longer. Complicated factors which are likely to cause delay include: the size of and number of parties in the conveyancing chain; any complicated or unregistered title; any mortgage you are taking out (purchase); any planning/related issue and/or any issue requiring the implication of an indemnity policy; (with a leasehold property) the need for information from the landlord/management company over (for example) shared services/service charges; if you are purchasing a new build property, when you will be very much in the hands of the estate builder; the need for/desirability of obtaining a Lease extension (leasehold sale or purchase).

Please note that a number of the above complicating factors may involve additional charges/disbursements which we will need to discuss with you in advance. Whatever happens, please bear in mind that you are in the hands of other parties in a conveyancing transaction, and progress will always depend generally on all parties being co-operative and sharing the same timescale objectives.

Stages of the Conveyancing Process

Again, these will vary according to the circumstances. However, the key stages you should be prepared for are set out below – some may not be applicable to your case, as we have tried to highlight appropriately:

  • Take your instructions and give you initial advice.
  • Purchase – check finances are in place and contact lender/lender’s solicitors if needed.
    Sale – obtain sufficient initial information regarding any secured mortgage finance to be discharged from the proceeds.
  • Purchase – receive and advise on contract documents.
    Sale – collect standard initial information/documents from you and then forward with draft Contract.
  • Purchase – carry out searches.
  • Obtain further planning documentation (if required).
  • Purchase – make any necessary enquiries of solicitor.
    Sale – deal with any such enquiries. Leasehold purchase – obtain enquiries of managing agents etc from seller’s solicitors.
  • Purchase – give you advice on all documents and information received.
  • Purchase – go through conditions of mortgage offer with you.
  • Send final Contract to you for signature (or meet with you for this purpose).
  • Purchase – draft Transfer/advice to you on joint ownership if applicable (usually at the same stage as the above).
  • Agree completion date.
  • Exchange Contracts and notify you that this has happened.
  • Purchase – obtain pre-completion searches.
  • Purchase – arrange for all monies needed to be received from lender and you.
    Sale – obtain all necessary financial redemption information.
  • Complete transaction.
  • Sale – account to you for net sale proceeds not required for connected purchase.
  • Purchase – deal with payment of Stamp Duty Land Tax.
  • Purchase – deal with application for registration at HM Land Registry.
  • Leasehold purchase – Notices of Transfer/Charge to Landlord/Managing Company – dealing with any Deed of Covenant.
  • Purchase – make final report to you/forward any final documents to you (or sometimes lender).

For help and advice, please contact us on: 01923 234607 or email Bobby Rakhit or Nikki Carlisle to arrange an appointment.

Key Areas Covered By Our Conveyancing & Property Department

Visit the pages below to learn more about our conveyancing & property solicitor services:

Purchases

Purchases

Sales

Sales

Conveyancing Prices

Conveyancing Prices

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Great service from them when we sold our property. We are now using them again to buy.