Conveyancing Pricing

References to VAT are to the prevailing rate, which is currently 20%.

Every house move is unique. Every title to every property is different. - To keep our fees fair and competitive our charges vary depending on whether the property is freehold or leasehold, whether there are any third parties involved, such as a management company and also the price or value of the property. We will always strive to be as completely transparent and open about the potential costs involved with your house move or remortgage. However, it is sometimes the case that the true complexity of your house move or remortgage isn’t always known at the point you instruct us. At the point that we provide you with a cost estimate, we will send you examples of the instances where an additional fee may become payable and what that fee may be.

 

As every property transaction is different, we are only able to give you an indication of the averages of our fees, which averages vary depending on the value of the property. We have set out the averages below:

   

SALE			PURCHASE
Price Bracket	Average Fee		Price Bracket	Average Fee
£0-249,999	£905		£0-249,999	£1,027
£249,999 - 499,999	£910		£249,999 - 499,999	£1,137
£500,000 - 749,999	£1,152		£500,000 - 749,999	£1,348
£750,000 - 999,999	£1,382		£750,000 - 999,999	£1,948
£1m +	£2,745		£1m +	£3,935

 

If you are buying or selling a freehold property, without a mortgage or any third party involvement, for example, your fee is likely to be lower than average. If you are buying a leasehold property, with a mortgage and a gifted deposit, for example, your legal fee may be above average.

Our fees for dealing with a typical mortgage or remortgage of a residential property can vary depending on whether your property is freehold or leasehold, how complex the mortgage lender’s requirements are and whether or not the owner is a company or an individual. As every property transaction is different, we are only able to give you an indication of the averages of our fees. Our average private mortgage fee is £788 and our average company mortgage fee is £1,035.

The average fees quoted above include bank transfer fees, ID verification fees, the costs involved in acting for lender or discharging an existing mortgage, acting as Stamp Duty Land Tax Agent, use of our online, inter-active portal, and where appropriate, the payment of a referral fee to an Introducer, which may not always apply.

The average fees quoted above do not include disbursements, i.e. fees which are paid by us to third parties as part of the conveyancing process. These include fees for Searches - enquiries made with the local, water and coal authorities and with the environment agencies (prices of search packs vary according to the location and type of property but average around £300 plus VAT), and fees payable to the Land Registry, either to download title documents or to register your ownership (details of current Land Registry charges can be found here).

The average fees quoted above also do not include any stamp duty. Stamp duty is a complicated tax and special rules and rates apply to individual circumstances. Reliefs may also be available. We always recommend that you get independent tax advice from a tax specialist, accountant or financial advisor.

If you have been recommended to use our services by an estate agent, you may have already received an estimate of our fees. If you would like us to confirm this or if you would like a detailed and bespoke estimate of our fees, then you can contact us using the links below:-

 

Email: getmoving@ramsdens.co.uk 

Telephone our New Business Team on Freephone: 0808 168 5643

Or complete our online enquiry form.

 

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