Property purchasing fees
Based in Birmingham, Allerton & Gladstone Solicitors helps you by providing clear and easy to understand property purchasing fees as well as a professional service.
Our Property Purchasing Fees
The legal fee is determined by the property value. In 2023, the average conveyancing fees for buying a freehold house is £2,239. This includes the costs of the solicitor's legal fee, conveyancing disbursements and potential extra fees when buying a house at the average UK price of £277,000 (includes 20% VAT.)
In most transactions, our legal fees for handling the conveyancing on the purchase of a freehold residential property ranges from:
| Purchase | Fees |
|---|---|
| Legal Costs: | *Prices quoted exclusive of VAT* |
| Our legal fees cover all the work required to complete the purchase of your new home, including preparing and submitting the registration application at HM Land Registry and dealing with the payment of Stamp Duty Land Tax to HMRC. | |
| Up to a property value of £500,000 | £732.00 to £1,920.00 |
| Up to a property value between £500,000 and £1,000,000 | 1.5% of purchase price |
| Above £1,000,000 | Call for a quote |
| Disbursments: | |
| Disbursements are payable to third parties and are costs related to your matter, an example of this is Land Registry fees. We will tell you about any additional disbursements if they arise and agree these with you in advance. | |
| Local authority search, drainage/water search, and environmental search. | £350.00 |
| Anti-money Laundering checks | £30.00 per person |
| Lawyer Checker | £36.00 |
| HMLR office copies | £3.00 per document |
| Bankruptcy search | £2.00 per person |
| HM Land Registry Fee will vary according to the purchase price of the property you are seeking to purchase. | Typically, it can range from £20.00 - £910.00 |
| Stamp Duty Land Tax (SDLT) The SDLT payable on a property will vary according to the purchase price of the property. | Refer to HMRC website calculator |
| Although the above list is not comprehensive, please note additional disbursements may well apply, depending on the individual requirements of your transaction. |
| Purchase | Fees |
|---|---|
| Common Additional Costs to Expect: | (exc VAT) |
| Acting for Lender | £199.00 |
| Lender Separate representation fee | £399.00 |
| SDLT/LTT return form | £100.00 |
| Telegraphic Transfer Fee | £40.00 |
| Gifted Deposit | £75.00 per person |
| Corresponding with and collecting funds from a third party | £99.00 per person |
| Unregistered Property Fee | £399.00 |
| Expedited Completion | £199.00 |
| Delayed Completion | £199.00 |
| Digital Archiving Fee | £50.00 |
| Leasehold fee | £399.00 |
| New Build fee | £299.00 |
| Shared Ownership fee | £299.00 |
| Right to Buy fee | £199.00 |
| First Time Buyer ISA | £99.00 |
| Help to Buy Scheme | £99.00 |
| Transfer of Equity | £499.00 |
| Re-mortgage | £499.00 |
| Indemnity Insurance Arrangement | Variable |
| Purchase | Fees |
|---|---|
| Leasehold Conveyancing Costs: | |
| Landlord Sales Pack | £280.00 |
| Notice of Transfer Fee | £190.00 |
| Notice of Charge Fee | £140.00 |
| Deed of Covenant Fee | £280.00 |
| Certificate of Compliance Fee | £250.00 |
| Engrossment Fee | £150.00 |
| Purchase | Fees |
|---|---|
| Less common additional conveyancing fees: | *Associated additional fee* |
| Porting a pre-existing mortgage | £150.00 |
| Dealing with an HMO | £150.00 |
| Dealing with underpinning structural matters | £199.00 |
| Dealing with restrictions at HM Land Registry | £299.00 |
| Dealing with a certificate of bankruptcy registered on the title | £99.00 |
| Reviewing an existing AST tenancy on purchase | £99.00 |
| Additional fee for a guarantor being involved | £299.00 |
| Dealing with contaminated land | £150.00 |
| Dealing with defective titles | £99.00 |
| Dealing with solar panel documentation | £150.00 |
| Dealing with a building enforcement notice | £99.00 |
| Referrals: | |
| As a business we have developed relationships with various other professionals both regionally and nationally to ensure that we can offer our services in a competitive market place. In some instances, we may pay fees for work to referred to us. We pay such fees from our business marketing budget. We feel that this is important so that our clients are not obliged to pick up the cost of a referral. | The typical fee paid is between £75.00 and £350.00. |
If you are thinking of buying a property and would like further clarification on our property purchasing fees, Allerton & Gladstone Solicitors in Birmingham will be happy to help, just give us a call.
This firm is authorised & regulated by the Solicitors Regulation Authority (SRA) No: 805323
This firm does not accept service of proceedings by email or facsimile