View Storrar Cowdry fees for: Conveyancing
Conveyancing
Our conveyancing team estimate to fees you will likely need to pay follow.
Unless otherwise stated all fees include VAT at the current standard rate of 20%.
Why might our Conveyancing fee vary?
Factors that may result in a change from the fees indicated below include:
- Where the complexity of the title requires additional investigation, re-drafting of deeds or reporting to interested parties so as to ensure that the property is good and marketable and/or we are able to give a clear Certificate of Title to a proposed mortgage lender
- Where the mortgage lender instructs its own solicitors and we are required to attend to additional enquiries raised by that firm
- Where we are required to expedite matters
- Where properties have added complications i.e. barn conversions, isolated rural properties as well as leaseholds and new builds
Before you commit to paying, we will explain to you any variance from the indicative fee if this is apparent from the outset. We will also keep you updated at all times if any of these, or other, factors are likely to result in an increase in our fee.
Property Purchase Fees
| Purchase Price (£) | Excluding VAT | VAT | Including VAT |
| £0 - £200,000 | £1,250.00 | £250.00 | £1,500.00 |
| £200,001 - £500,000 | £1,750.00 | £350.00 | £2,100.00 |
| £500,001 - £1,000,000 | £2,250.00 | £450.00 | £2,700.00 |
| Over £1m - 0.25% plus VAT | | | |
What additional charges will arise?
- Add £250 (inc. VAT) to the fees estimate for leasehold house purchases
- Add £250 (inc. VAT) to the fees estimate for leasehold apartment purchases
- Add £120 (inc. VAT) to the fees estimate if buying with a mortgage
What other costs may arise?
You may have to pay certain expenses, taxes and other costs, in addition to those set out above. To the extent that such costs relate to amounts that we must pay to third parties, they are known as “disbursements”. Any other costs, expenses and disbursements most likely to arise are as follows:
| Legal & Admin Fees | Fee |
| Bank Transfer Admin Fee | £36.00 (inc. VAT) |
| Simple Charge Document | £300.00 (inc. VAT) |
| Declaration of Trust | £300.00 (inc. VAT) |
| Case Management Legal and Admin fee | £72.00 (inc. VAT) |
| Additional Fees for New Build Properties | £600.00 (inc. VAT) |
| Help to Buy ISA | £60.00 (inc. VAT) |
| Lifetime ISA | £90.00 (inc. VAT) |
| Disbursements / Payments to Third Parties | Fee |
| Land Registry Fee (no VAT) | Variable – see online calculator on Land Registry website |
| Search Pack | £300.00 – £480.00 (inc. VAT) depending on charges levied by Local Authority |
| Bank’s Charges Per Money Transfer | £14.40 (inc. VAT) |
| Bankruptcy Search | £2.00 (NO VAT) |
| Land Registry Official Search | £3.00 (NO VAT) |
Property Sale Fees
| Sale Price (£) | Excluding VAT | VAT | Including VAT |
| £0 - £200,000 | £1,100.00 | £220.00 | £1,320.00 |
| £200,001 - £500,000 | £1,600.00 | £320.00 | £1,920.00 |
| £500,001 - £1,000,000 | £2,000.00 | £400.00 | £2,400.00 |
| Over £1m - 0.15% plus VAT | | | |
What additional charges will arise?
- Add £180 (inc. VAT) to the fees estimate for leasehold property sales
- Add £90 (inc. VAT) to the fees estimate if redeeming a mortgage
What other costs may arise?
You may have to pay certain expenses, taxes and other costs, in addition to those set out above. To the extent that such costs relate to amounts that we must pay to third parties, they are known as “disbursements”. Any other costs, expenses and disbursements most likely to arise are as follows:
| Legal and Admin Fees | Fee |
| Bank Transfer Admin Fee | £36.00 (inc. VAT) |
| Case Management Legal and Admin fee | £72.00 (inc. VAT) |
| Additional Fees for Leasehold Flat / Apartment | £120.00 (inc. VAT) |
| Disbursements / Payments to Third Parties | Fee |
| Bank’s Charges Per Money transfer | £14.40 (inc. VAT) |
| Official Copies (Freehold) | £6.00 (no VAT) |
| Official Copies (Leasehold) | £12.00 (no VAT) |
Remortgages
| Remortgage Cost (£) | Excluding VAT | VAT | Including VAT |
| 0-200,000 | £1,125.00 | £225.00 | £1,350.00 |
| 200,001-500,000 | £1,275.00 | £255.00 | £1,530.00 |
| 500,001-1,000,000 | £1,550.00 | £310.00 | £1,860.00 |
| Over £1m - 0.25% plus VAT | | | |
What additional charges will arise?
- Add £180 (inc. VAT) to the fees estimate for leasehold property sales
- Add £90.00 (inc. VAT) to the fees estimate if redeeming a mortgage
What other costs may arise?
You may have to pay certain expenses, taxes and other costs, in addition to those set out above. To the extent that such costs relate to amounts that we must pay to third parties, they are known as “disbursements”. Any other costs, expenses and disbursements most likely to arise are as follows:
| Legal and Admin Fees | Fee |
| Bank Transfer Admin Fee | £36.00 (inc. VAT) |
| Case Management Legal and Admin fee | £72.00 (inc. VAT) |
| Additional Fees for Leasehold Flat / Apartment | £120.00 (inc. VAT) |
| Disbursements / Payments to Third Parties | Fee |
| Bank’s Charges Per Money transfer | £14.40 (inc. VAT) |
| Official Copies (Freehold) | £6.00 (no VAT) |
| Official Copies (Leasehold) | £12.00 (no VAT) |
Timescale and key stages of the process
These are the key stages of the conveyancing process in a sale:
1) Taking your instructions
2) Obtaining details from your mortgage lender
3) Completion by you of Property Information Forms
4) Obtaining a copy of the registered title from the Land Registry
5) Sending draft contract and supporting documents to the buyers’ conveyancer
6) Responding to enquiries
7) Agreeing a completion date and exchanging contracts
8) Completion.
These are the key stages of the conveyancing process in a purchase:
1) Taking your instructions
2) Receiving a draft contract and supporting documents
3) Receiving a mortgage offer
4) Carrying out searches and title investigation
5) Preparing a property report for you
6) Executing documents and provision by you of a deposit
7) Agreeing completion date and exchanging contracts
8) Completion.
A transaction of this sort will typically take 8-10 weeks to complete, but this may vary. Typical factors which may influence the duration include:
1) If the property is leasehold and/or additional enquiries need to be raised of third parties
2) If the property has not previously been registered at the Land Registry
3) Where the title is found to be defective and not acceptable for lending purposes in its current state.
If you wish to re-mortgage your property, the key stages are:
1) Taking your instructions
2) Carrying out searches and title investigation
3) Receiving a mortgage offer
4) Executing documents
5) Agreeing completion date and requesting mortgage funds
6) Completion.
A re-mortgaging transaction will typically take 6-8 weeks to complete, but this may vary. Typical factors which may influence the duration include:
1) If the property is leasehold and/or additional enquiries need to be raised of third parties
2) If the property has not previously been registered at the Land Registry
3) Where the title is found to be defective and not acceptable for lending purposes in its current state.
Whatever your transaction, we will keep you updated at all times if any of these, or other, factors are likely to result in delay.
Who will be dealing with your transaction?
The transaction will typically be handled by a fee-earner who is a solicitor or Paralegal, in our Residential Property team.
A solicitor acting for you may be described in correspondence as a “Partner”, or a “Solicitor”. Our paralegals are not (yet) solicitors, and usually have no other formal legal qualification.
We will always ensure that the fee-earner acting for you has the requisite level of experience to handle your transaction competently. In any event, all work will be supervised by a Partner, being the most senior member of the team allocated to you.
Once you know who will be in the team allocated to your transaction, you will be able to find out more information about the team by visiting the Residential Conveyancing section on our website.
