We understand that buying or selling a property can be a complex process, which is why we are here to support you every step of the way. We believe in being transparent with our clients about our fees and costs, so you always know what to expect. Our team is led by Nasar Ali and has over 20 years of experience in this area of law.
For residential conveyancing, our fees can differ depending on the details of your transaction. To give you an idea of what you might expect, please see below a representative example based on the purchase of a freehold property for £300,000 with the aid of a mortgage. However, please note that this is simply an example and will be subject to change when further details are obtained.
Additional fees may also apply depending on your specific circumstances, such as costs for works associated with newbuild or shared ownership properties, or costs for works associated with leasehold properties.
For a sale of freehold property for £300,000 with a charge registered, our estimate is as follows:
Summary of Estimated Professional Charges and Expenses:
Our Professional Charges £995.00 plus VAT
Dealing with Redemption £249.00 plus VAT
Bank Transfer Fee £35.00 plus VAT (per transfer)
HMLR & Search Fees (includes ordering and checking searches) £25.00 plus VAT
AML, Admin, Postage Charges/Costs/Fees £20.00 plus VAT
Add: Estimated Disbursements & Costs
Office Copies £12.00 (TBC)
ID Checks £7.20 plus (per name)
For a freehold purchase of £300,000 with the aid of a mortgage, we have pleasure in forwarding our estimate as follows:
Summary of Estimated Professional Charges and Expenses
Our Professional Charges/Cost £995.00 plus VAT
SDLT Return Fees/Costs £195.00 plus VAT
Acting for Lender Fee £249.00 plus VAT
Bank Transfer Fee £35.00 (per transfer) plus VAT
Search Fees (includes ordering and checking searches) £500.00 plus VAT
Admin, Postage and AML £20.00 plus VAT
VAT@ usual rate £398.80
Add: Estimated Disbursements & Costs
Government Stamp Duty £TBC at completion
AML ID Checks £7.20 (per name) inc VAT
Land Registration Fee £150.00 Exact fee to be confirmed at completion
Please note that fees can vary between each matter, and the above estimates are provided for informational purposes only. All work For a bespoke estimate on your purchase or sale, please do not hesitate to contact us using the enquiry format on our website or our direct phone line at 01234 350 244.
Once you confirm, we’ll take your instructions in a heartbeat and send over all the relevant documentation. Deo Volente Solicitors use third-party apps, such as Thirdfort, and send all the appropriate forms, letters, and questionnaires via email. You can send over your ID, any filled-in documents, and signed letters from the comfort of your own home. No need to pay for postage!
If you are buying a property with the aid of a mortgage, chances are you may require searches to be carried out. Your solicitors will request this usually near the beginning of a transaction. Ordering searches can be seen as a key stage in the transaction as it can take up to 4 weeks, on average, for all the results to come back. From a seller's viewpoint, you may wish to obtain an update on your buyers search results as this can help you to understand a possible timeframe for the transaction.
As Solicitors, we will require signed terms of business, along with other details, in order to proceed with your transaction. The quicker initial paperwork is returned, the sooner the conveyancing process can begin.
Another key stage in many conveyancing transactions, is the mortgage process. In some cases, this is carried out before the conveyancing process, however in most cases, it is carried out alongside the conveyancing. Given that this is a separate process, it can be subject to delays and it is best to stay on top of the progress so that you are aware of how it can affect the timeframe of your conveyancing. From a seller's viewpoint, it may be best to check with your solicitor if the buyer is obtaining a mortgage and to request timely updates on the progress so that you are aware of the possible affects it can have on your preferred completion date.
This is another key stage in the conveyancing process, which can affect the overall timeframe of the transaction. From the seller's viewpoint, the quicker the documents are returned, the sooner the draft contract paperwork can be issued to the buyer solicitors. From the buyers point of view, the sooner the draft contract pack is received by your solicitors, the sooner your solicitors can review and raise any enquiries accordingly.
This part of the process usually affects the timeframe of your conveyancing the most. After reviewing the draft contract pack, the buyer's solicitors will look to raise enquiries to which they require answers prior to the exchange. This process can be seen as a Question-and-answer session between both sets of solicitors until the buyer's solicitors are satisfied that all their questions have been answered. This can take anywhere from 2-8 weeks depending on the enquiries raised, and whether third-party solicitors are involved (i.e. as found commonly in Islamic Finance transactions).
We will do all the behind-the-scenes work. We want you to focus on making your new house a home.
Our fees start from £695*. Get in touch today to receive your free quote and find out more about how to get your property transaction on its feet* Fees do not include disbursements such as Local Search Fees, Stamp Duty Land Tax, Bankruptcy Search, etc. Don’t worry! We will be transparent about all the additional costs from the get-go! No hidden surprises here!