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Legal fees and Disbursements
Please note we do not act on transactions where the property is or may be subject to the Building Safety Act 2022
Price of Property | £0-£100,000 | £100,000-£125,000 | £125,000-£200,000 | £200,000-£300,000 | £300,000-£400,000 | £400,000-£500,000 | £500,000-£700,000 |
Legal Fees | £950.00 | £1025.00 | £1025.00 | £1075.00 | £1125.00 | £1150.00 | £1250.00 |
Please contact us direct for a quote for any sale transactions over £700,000.00
The fees above do not include VAT and are subject to change if complexities with individual transactions materialise.
For Shared Ownership and any defects in title the above quotes may increase according to the amount of extra work involved.
Additional Costs and Disbursements Costs are approximate, do not include VAT (unless shown) and are subject to details of individual transactions | |
Land Registry Official Copies of Documents | £3.00 for the Register £3.00 for the Plan. £3.00 – £24.00 for further supporting documents where applicable. |
Bank Transfer Fee | £30.00 (Including VAT) |
Anti Money Laundering Identification Checks (If a third party is providing you with a gifted deposit we will need to carry out identity checks on them as well) | £7.80 per individual |
Requests for investigation into additional land | £50.00 plus VAT |
Work required in respect of any third party restrictions registered against your title | £75.00 plus VAT |
Dealing with any other charge holders over and above your main mortgage lender | £50.00 plus VAT |
Archived file retrieval following completion | £25.00 plus VAT |
Advice required for issues following completion (non complex) | £50.00 plus VAT |
Disbursements are any payment made, or for which a liability to pay has been incurred, by a CLC regulated individual or body to a third party on behalf of a Client; disbursements are deemed to include: stamp duty land tax; Land Registry fees; Local Authority, Identity Checks and any other applicable search fees.
Our legal fees cover all of the work required to complete the sale of your freehold property. This will include liaising with and dealing with the repayment of any legal charges or financial commitments registered against your property.
Freeholder / Management Company
Generally the owner of a Leasehold property will pay Ground Rent to a Freeholder and Service Charges to a Management Company. The buyer’s legal representative will request various information relating to these charges and the Freeholder and Management Company will make a charge for providing such information. These charges vary between transactions, however we will endeavour to confirm these charges to you as soon as we are able.
Prior to completion of the transaction you will be asked to settle any Ground Rent / Service charge that is due for your period of ownership of the property.
Our fees are based on the assumption that:
If your transaction falls through for any reason we will charge for the work that has already been completed. We will look to keep these fees to a minimum where possible. The fees to be charged will be confirmed to you at the time the transaction ceases.
The timescales for your property sale, from you accepting the offer from your buyer will depend on a number of factors and are generally dictated by how quickly your buyer’s side of things move forward. The average time for a standard sale to complete is currently 12-16 weeks. Please note that these timescales increase for a leasehold matter due to the complexities.
Tyto Property & Probate Lawyers Ltd is authorised and regulated by the Council for Licensed Conveyancers (Licence Number: 14731).
Tyto Property & Probate Lawyers is a trading name of Tyto Property & Probate Lawyers Ltd, a company registered in England and Wales, Company No.15453858, registered Address 90A High Street, Crowle, North Lincolnshire DN17 4LB
