Please select from one of the following
Disbursements – additional fees of £200-£300
Bankruptcy search (£2-£4 per person taking out the mortgage):
Your mortgage lender will need to check that you have not been declared bankrupt.
Land Registry office copies: (£4-£8):
To confirm that the individual selling the property you wish to purchase is the owner.
Electronic ID verification (£2-£18 per person taking out the mortgage):
We will need proof of your recent address and ID documentation. These details will be checked using national records to ensure all information is correct.
Local authority searches (£100-£200):
A local authority search will be undertaken to ensure that the council do not have plans to make any changes that will affect your property in the future. For example, planned major road schemes, contaminated land or if your property is in a conservation area. The cost of this search will differ depending on the area you live in.
Water and drainage search (£30-£40 plus VAT):
Costs will vary depending on your water company. This search will confirm if your property is connected to mains water, drainage and surface water drainage. The latter is becoming more and more important due to flooding being a major concern.
Environmental search (£30-£35 plus VAT):
This search will check if there is any contaminated land near your property.
Telegraphic transfer fee (£25-£45 plus VAT):
This is a charge by your bank to cover the cost of transferring the money used to buy the property to the seller’s conveyancing solicitor.
Mortgage handling fee (£60-£80):
We will charge a fee for working with your bank or mortgage provider and taking care of the legal work involved in setting up your mortgage.
HMLR final search (£3-£7):
A final search that is carried out just before completion.
Land Registry Charge (£20-£910):
This is a fixed cost and the fee depends on the value of your property. These can be paid electronically or by post. Land Registry charges are outlined below:
Electronic fee (£)
Postal fee (£)
|£1,000,001 and over||£455||£910|
Land Registry office copies (£4-£8):
Confirmation that you are the legal owner of the property that is being sold.
Telegraphic transfer fee (£25-£45):
The fee charged when transferring money to pay off your existing mortgage.
Mortgage redemption fee (£60-£80):
We charge if there is legal work involved to pay off the remainder of your mortgage.
Stages of the Conveyancing Process
- Check that finances are in place to fund the purchase and contact the lender’s solicitors if needed
- Receive and advise on the contract documents
- We will carry out searches
- Obtain further planning documentation if required
- Make any necessary enquiries of seller’s solicitor
- Give you advice on all documents and information received
- Go through the conditions of the mortgage offer with you
- We will send the final contract to you for signature
- Agree a completion date (date from which you own the property)
- Exchange contracts and notify you that this has happened
- Arrange for all monies needed to be received from lender and you
- Complete the purchase
- Deal with the payment of Stamp Duty/Land Tax
- Deal with the application for registration at the Land Registry
How long will my house purchase take?
The average process takes between 10-16 weeks. It can be quicker or slower, depending on the parties in the chain.
For example, if you are a first time buyer, purchasing a new build property with a mortgage in principle, it could take 10 weeks. However, if you are buying a leasehold property that requires an extension of the lease, this can take significantly longer, between 3 and 5 months. In such, a situation additional charges would apply.
Our solicitor fee makes a number of assumptions:
- That this is a standard transaction and that no unforeseen matters arise including for example (but not limited to) a defect in title which requires remedying prior to completion or the preparation of additional documents ancillary to the main transaction
- That this is the assignment of an existing lease and is not the grant of a new lease
- The transaction is concluded in a timely manner and no unforeseen complications arise
- All parties to the transaction are co-operative and there is no unreasonable delay from third parties providing documentation
- No indemnity policies are required. Additional disbursements may apply if indemnity policies are required