Residential Property – Sales

Sales

Fees

Our fees will cover the standard work required to complete your sale, including repayment of any mortgages.

Each matter is unique and the details of our fees are a guide for a standard transaction. Additional charges may apply for any of the following circumstances:-

  • Newbuilds
  • Shared Ownership
  • Multiple Owners
  • Homebuy
  • Auction properties
  • Perfecting a defective title
  • Dealing with lease extensions or deeds of variation to leases.
  • Transfers of equity and gifts

 

The above list is not exhaustive and so we recommend that you contact us so that we can discuss the details of your matter and provide a personal and tailored estimate for you.

Please click here to see details of our fees

Our fees do not include disbursements, which are costs related to your matter that are payable to third parties. We will handle these payments on your behalf to ensure a smooth process. There will be some disbursement that we can calculate at the beginning of the transaction but some may arise or may not be able to be confirmed until the process is underway. Below is a list of common disbursements although this list is not exhaustive and will depend on the details of the sale (such as whether it is a flat or a house):

Land Registry copy documents fees – this will depend on if the property is registered and will vary from around £6 to £20.

Copy documents or guarantees that may be lost  – We will notify you of these charges  if they arise.

Electronic Transfer fee – £35 plus VAT – We will have to make this charge for each time we are required to transfer money electronically, such as paying off a mortgage.

VAT – Where fees attract VAT, we will automatically pay this.

Leasehold fees – If you are selling a leasehold property there will be additional fees to pay to the landlord/managing agent. We will not know these until we receive further information but we will inform you once we are aware of the details.

Indemnity policies – these can be useful in protecting against certain issues or defects.

Timescale

As with a purchase, the time scale for a matter to complete from start to finish is difficult to estimate as many factors come into play, such as the length of a chain, the types of property involved and the parties within the chain. A standard sale would normally take between 8 to 12 weeks to complete.

Stages of the Process

These are some of the stages of a sale although each matter is unique and so the below is only a guide:

  • Take your instructions and give initial advice
  • Check financial sums secured on the property
  • Issue contract and title documents to the buyer’s solicitor
  • Reply to enquiries raised by the buyer’s solicitor
  • Send documents to you to sign
  • Agree a date for completion and exchange contracts
  • Confirm funds payable on completion such as mortgage redemption figure and estate agents commission
  • Complete the purchase, pay off any mortgages and the estate agents.

People

Our people in carrying out conveyancing are listed below. Please visit their individual profiles on the website for further details:

  • Catharine Morrison – Solicitor  – Qualified 2003 – £210 per hour plus vat
  • Marie Giles – Solicitor – Qualified 2001 – £210 per hour plus vat
  • Claire Coffin – Solicitor – Qualified 2008 – £210 per hour plus vat