Budget concerns are paramount to all of our clients, which is why we always give a clear indication of our costs from the outset. We will work with you closely to ensure we offer a service that reflects your needs.
1) Example Purchase of Freehold Property in Cheltenham by Sole Buyer for £299,950
Legal Fees £649 + vat
Land Registry Search £3 - Bankruptcy Search £2 - Search Pack £308.33 - Land Registry Fee £135 - Stamp Duty Land Tax £4,997
Anti Money Laundering ID Checks £46 + vat - Telegraphic Transfer £50 + vat - Stamp Duty Form Admin Fee £136.50 + vat - File Storage, Postage, Photocopying £35 + vat - Mortgage Admin Fee £150 + vat
2) Example Sale of Freehold Property by Joint Owners for £199,950
Legal Fees £599 + vat
Office Copies £6
Anti Money Laundering ID Checks £92 + vat - Telegraphic Transfer £50 + vat - File Storage, Postage, Photocopying £35 + vat - Mortgage Redemption Admin Fee £120 + vat
Our fees cover all of the work required to complete the sale or purchase in a timely and compliant manner. Whilst such an occurrence is infrequent, we will inform you if any unforeseen extra work becomes necessary resulting in extra charges. For example, due to unexpected legal difficulties, or your requirements and circumstances significantly alter during the transaction.
Other charges can also apply, for example if you are using a HelpToBuy Scheme, or the property is Leasehold so we highly recommend you contact us for a tailored estimate:
The time taken to complete the purchase or sale of your property depends on several factors, for example the number of properties in the chain, the number of mortgage lenders involved, and if there are any Leasehold properties. The current national average is 2-3 months. If you are buying a new build home, with a mortgage, it will typically take 4 weeks.