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Conveyancing fees for selling a property

CONVEYANCING FEES FOR SELLING A PROPERTY UPDATE
CONVEYANCING FEES FOR SELLING A PROPERTY REGISTRATION

Sending you the final contract for signature.Summarizing any special conditions of a mortgage (purchase or remortgage only).Advising you on all documents and information received from the other side solicitor and from the search results.Raising enquiries with the other side solicitors.Drafting or receiving contract documentation and advising you.

Taking your instructions and giving you initial advice.

The precise stages involved in the sale or purchase of a residential property vary according to the circumstances, but we have set out below some of the key stages: In such a situation additional charges may apply. However, if you are buying a leasehold property that requires an extension of the lease, and you are buying with a mortgage, this will take significantly longer, averaging two and four months. For example, if you are a cash buyer, purchasing freehold property and there is no chain, it could take four to six weeks. It can be quicker or slower, depending on the parties in the chain. Completion will depend on a number of factors including other people in the chain, mortgage conditions, and replies to enquiries from the other side solicitor. We endeavor to report to you within six to nine weeks. We handle the payment of these on your behalf to ensure a compliant and smooth process.

CONVEYANCING FEES FOR SELLING A PROPERTY REGISTRATION

Land Registration fee Variable depending on value of property and nature of transactionĮxpenses and Disbursements are costs related to your matter that are payable to third parties, such as Land Registry fees.Land Registry Bankruptcy fee £2.00 per person.Independent Mortgage Provider (check your mortgage offer).Electronic identification check £7.92 plus VAT per person.Electronic money transfer fee £40.00 plus VAT.Search fees £280.00 plus VAT (these prices are subject to supplier changes).There will be additional fees if we are instructed to draft a new lease.

CONVEYANCING FEES FOR SELLING A PROPERTY UPDATE

There may be other disbursements set out in the lease relating to the property and we will update you on the specific fees upon receipt and review of the lease. We will confirm the ground rent and the anticipated service charge as soon as we receive this information.

Leasehold properties often attract ground rent and service charges and these are likely to apply throughout your ownership of the property.