Glamis Solicitors

Residential Conveyancing Prices

Please note this is only indicative of our fees and services and we will be happy to provide a free cost estimate on request

Sales

Freehold/ Leasehold and Shared Ownership

This fee is dependent on the price of the property. For properties worth up to £1.5million our fees range from £950.00 plus VAT to £2,500.00 plus VAT and disbursements

If the property is leasehold, we add a supplement of £200.00 plus VAT for the additional work involved.

For the sale of a typical freehold property for £450,000.00, our fees will usually be as follows: -

Our fees = £1,195.00 plus VAT

Our fee for arranging a bank transfer = £40.00 plus VAT

The usual disbursements i.e. payments to other organisations made on your behalf would be: -

Anti- Money laundering search £10.00 plus VAT per individual

Land Registry Official Copy Title and Plan = £6.00

No property transaction is the same so our fees may reflect the requirements of that transaction. Additional fees may apply for dealing with a Lease Extension, unregistered titles, indemnity insurance for a defective title. Please note these issues will be reported to you should they arise, and additional fee applies

The usual work to be carried out will be: -

• Liaising with the estate agents and solicitors for the buyer.
• contacting the Freeholder/Management Company and obtaining the Sale Pack (this normally involves paying their fee, which would be an additional disbursement).
• drafting the Contract.
• providing the Buyer’s Solicitor with the Contract and supporting documents. 
• obtaining your responses to enquiries raised by the Buyer’s Solicitor.
• obtaining the Buyer’s Solicitor’s approval of the Contract.
• approving the Transfer form.
• arranging for you to sign the Contract and Transfer Form with a view to exchange of contracts.
• effecting an exchange of Contracts and agreeing a completion date.
• preparing a completion statement.
• attending to completion.
• discharging any service charge, ground rent or other such arrears and accounting to you with the proceeds of sale.

If you have a mortgage on the property that needs to be discharged, our fees also include:

• requesting a redemption statement from your lender.
• providing you with a completion statement.
• discharging the mortgage on completion.
• obtaining confirmation from your lender that their charge over the property at the Land Registry has been removed.

An average estimate for completion of a transaction from us being instructed to completion of the sale, would be approximately 8-12 weeks

Purchases

Freehold/ Leasehold and Shared Ownership

The fee will depend upon the price of the property. For properties worth up to £1.5million our fees range from £950.00plus VAT to £2,500.00 plus VAT and disbursements.

If the property is leasehold, we add a supplement of £200.00 plus VAT for the additional work involved.

For the purchase of a typical freehold property for £450,000.00, our fees and disbursements will usually be as follows: -

Our fees = £1,195.00 plus VAT

Our fee for arranging a bank transfer = £40.00 plus VAT

Disbursements i.e. payments to other organisations on your behalf would include: -

Stamp Duty Land Tax (Dependent on purchase price and rules at time of purchase)

Land Registry Fee = £135.00

Search Fees (estimated) (can vary according to Local Authority) 215.00 (plus VAT where applicable).

Land Registry Searches (estimate) = £8.00

Anti-money laundering search £10.00 plus VAT per individual

No property is the same, so our fees may reflect the requirements of the transaction.

The usual work to be carried out will be: -

• receiving draft papers from the Seller’s Solicitors.
• obtaining searches
• inspecting the legal title of the property and raising enquiries
• reporting to you on the title and responses received to our enquiries.
• conducting the pre completion Land Registry searches and any necessary Land Charges searches. 
• drafting and/or approving the Transfer document and Stamp Duty Land Tax return. 
• arranging for you to sign the Transfer and Stamp Duty Land Tax return.
• preparing a completion statement.
• effecting completion.
• submitting the Stamp Duty Land Tax return and paying any necessary Stamp Duty Land Tax.
• registering your interest at the Land Registry and thereafter providing you with a copy of the title. 

If you are buying with a mortgage from a mainstream lender, for a further £200.00 to £300.00 plus VAT, we would also deal with: -

• receiving, reviewing, and advising you on the terms and conditions of your mortgage.
• reporting to and acting on behalf of your lender.
• arranging for you to sign the Mortgage Deed.
• requesting funds from your lender
• registering Mortgage Lender’s interest at the Land Registry.

An average estimate for the time the transaction takes, from us being instructed to completion of the purchase, would be between 8 to 12 weeks. 

Re-Mortgages

Our fees are approximately £550.00 plus VAT and disbursements for a residential freehold mortgage depending on the amount being borrowed.

A typical freehold residential mortgage for £250,000.00 will usually be £550.00plus VAT and disbursements (payments to other organisations on your behalf).

Our fee for arranging a bank transfer = £40.00 plus VAT

Disbursements will include:-

Land Registry Official Copy Title and Plan = £6.00

Land Registry Fee (estimate) = £40.00

Search Fees (estimated) (can vary according to Local Authority) £215.00 (plus VAT where applicable).

Land Registry Searches (estimate) = £8.00

Anti-money laundering search £10.00 plus VAT per individual

No property is exactly the same so our fees may reflect the particular requirements of the transaction.

The usual work to be carried out will be: -

• obtaining relevant searches and reporting to you on the same. 
• inspecting the legal title of the property
• reporting to you and your lender on the results of the searches & the legal title
• receiving, reviewing, and advising you on the terms and conditions of your mortgage.
• arranging for you to sign the Mortgage Deed.
• conducting the pre completion Land Registry searches and any necessary Land Charges searches. 
• preparing a completion statement.
• requesting funds from your lender
• effecting completion.
• registering Mortgage Lender’s interest at the Land Registry

An average time for the transaction would be 4 to 8 weeks.