CONVEYANCING FEES

RESIDENTIAL

We pride ourselves on providing a fixed fee for residential conveyancing with no hidden extras. We do not charge for completing a Stamp Duty Form, for acting on behalf of your lender, or for storing and retrieving your file. Our fees range from £750 – £1,000 exclusive of VAT depending on the sale/purchase price of the Property, whether the Property is Leasehold, Freehold, a New Build, or whether you are using the Help to Buy Equity Scheme. Please contact us for a personal and detailed quote. You can either use our enquiry form on our ‘Contact Us’ tab or you can email legal@whethamandgreen.com.

SELLING YOUR PROPERTY

Our fees range from £750 – £975 plus VAT based on the sale price of your Property. The disbursements you are likely to incur are as follows:-

  • Land
    Registry documents: £15 (approx.)
  • Bank
    Transfer Fee: £35 plus VAT (to redeem any existing mortgage you may have)
  • Bank
    Transfer Fee: £35 plus VAT (to send any net sale proceeds to you. Alternatively,
    you may have a cheque for which there is no fee).

If the Property is Leasehold, please note that we do charge an additional £50 plus VAT. You may also be required to pay for a Management Pack for the buyer and this is customary on every sale of a Leasehold Property. A Management Pack can vary in price from £100 – £500 depending on the selected Management Company and their charges.

BUYING A PROPERTY

Our fees range from £785 – £1,100 plus VAT based on the purchase price of the Property. The disbursements you are likely to incur are as follows:-

  • Searches:
    £350 (approx.)
  • Land
    Registry Fee £40-£910 depending on the purchase price of the Property.
  • Bank
    Transfer Fee: £35 plus VAT (to send purchase money to the Sellers’ solicitors
    at completion)
  • Stamp
    Duty: variable and based on the purchase price of the Property, whether you are
    a first-time buyer or whether this is an additional property. You can work out
    your stamp duty liability by using this calculator: https://www.tax.service.gov.uk/calculate-stamp-duty-land-tax/#/intro.

If the Property you are purchasing is Leasehold, please note that we do charge an additional £50 plus VAT. You may also be required to pay for additional fees to the Landlord and these include:

  • Notice
    Fees: this is a fee payable to the Management Company to notify them of your
    new ownership and any mortgage on the Property. Fees vary per management
    company but are usually in the range of £50-£100 plus VAT each.
  • Deed
    of Covenant Fee: this is a fee payable to the Management Company when you enter
    into a Deed of Covenant. A Deed of Covenant is a document that you sign to
    confirm that you will comply with any regulations contained in the Lease.

If the Property you are purchasing is a New Build, please note that we do charge an additional £100 plus VAT in view of the exchange deadline and investigation of title.

If you are purchasing a Property using the Help to Buy scheme, we charge a flat fee of £1,000 plus VAT together with the disbursements referred to above.

REMORTGAGING
YOUR PROPERTY

Our fee for a remortgage is £400 plus VAT. The disbursements you are likely to
incur are as follows:-

  • Land
    Registry documents: £15 (approx.)
  • Bank
    Transfer Fee: £35 plus VAT (to redeem your existing mortgage)
  • Searches:
    £350 (approx.) or alternatively you can take out search insurance which is
    based on the value of the Property and ranges from £14-£155.
  • Land
    Registration Fee: £20-£125 as this is based on the value of the Property.
  • Notice
    of Charge Fee (only if the Property is
    Leasehold)
    : depending on the Management Company but approximately £50.

TRANSFER OF EQUITY

Our fee for a Transfer of Equity is £500 plus VAT. The disbursements you are likely
to incur are as follows:-

  • Land
    Registry documents: £15 (approx.)
  • Bank
    Transfer fee: £35 plus VAT each (to redeem any mortgage, to send the money to
    the other party’s solicitors, or to send any money due back to you).
  • Land
    Registration Fee: £20 – £125 depending on the value of the Property.

ASSENT OF PROPERTY

Our fee for an Assent (which is a Transfer of the Property under a Will) is £250
plus VAT. The disbursements you are likely to incur are as follows:-

  • Land
    Registry documents: £10 (approx.)
  • Land
    Registration fee: £20-£125 depending on the value of the Property.

LEASE EXTENSIONS

Acting on behalf of the Landlord

Our fee for preparing a Lease Extension is £1,200 plus VAT. The disbursements you
are likely to incur are as follows:-

  • Land
    Registry documents: £15 (approx.)
  • Bank
    Transfer Fee: £35 plus VAT (to send the proceeds to you at completion)

Acting on behalf of the Tenant

Our fee for reviewing a Lease Extension document is £500 plus VAT. The other
disbursements you are likely to incur are as follows:-

  • Land
    Registry documents: £10 (approx.)
  • Land
    Registration Fee: £40-£250 depending on the premium of the Lease Extension.
  • Bank
    Transfer Fee: £35 plus VAT (to send the premium to the Freeholders’
    solicitors).

The exact costs will depend on the individual circumstances of your matter, which is why we would recommend you to directly contact us via phone or email.