Residential Conveyancing Fees

At Adams Harrison we pride ourselves on the service we provide and the fact that the majority of our work comes from recommendations and from repeat business from existing clients and their families. We also feel that one of our strengths is that we do not pay referral fees to estate agents to get work which means that the work we get is based on our reputation and continued excellent service and not because we pay for it. This fact is reflected in the reviews we regularly receive from our clients which can be seen in the review section of our website.

Below are details of our fees. We have set out our basic fees which are quoted for on a fixed fee basis and also listed various additions that might be added depending type of property and nature of the conveyance.

Our fees for a property sale or purchase will vary depending on the value of the property and set out below is a guide of our fees for your reference and note for the purposes of the VAT referenced this is 20%:

Leasehold Sale  
Up to £250,000 £1,200 plus 20% vat
Up to 500,000 £1,450 plus 20% vat
Up to £1,000,000 From £1,650 plus 20% vat
Upwards of £1,000,000 Bespoke quotation will be provided

 

Leasehold Purchase  
Up to £250,000 £1,500 plus 20% vat
Up to £500,000 £1,750 plus 20% vat
Up to £750,000 £1,900 plus 20% vat
Upwards of £750,000 From £2,000 plus 20% vat

 

Freehold Sale  
Up to £125,000 £800 plus 20% vat
Up to £250,000 £900 plus 20% vat
Up to £500,000 £1,200 plus 20% vat
Up to £750,000 £1,400 plus 20% vat
Upwards of £750,000 From £1,500 plus 20% vat

 

Freehold Purchase  
Up to £125,000 £800 plus 20% vat
Up to £250,000 £900 plus 20% vat
Up to £500,000 £1,200 plus 20% vat
Up to £750,000 £1,400 plus 20% vat
Up to £900,000 £1,800 plus 20% vat
Upwards of £900,000 From £2,000 plus 20% vat

In addition to our fees highlighted above disbursements will also be applied to sale matters. Disbursements are costs related to your matter but are payable to third parties such as Land Registry fees. These included but are not limited to:
• Identity checks – £5.95 per person
• Downloading title documents from Land Registry – £6-24
• Electronic transfer charge – £48

Furthermore you will need to consider adding the following disbursements on a purchase which will also include an identity check (if you do not have a linked sale transaction) and further electronic transfer charge.

• Stamp Duty – please see attached link for details of stamp duty payable. https://www.tax.service.gov.uk/calculate-stamp-duty-land-tax/#/intro
• Land Registration fee – please see attached link to the Land Registry website for registration fees. https://www.gov.uk/guidance/hm-land-registry-registration-services-fees#scale-1-fees
• Mortgage fee of £125 +VAT for reviewing and reporting on your mortgage product if one is applicable.
• Searches (enviro, water, local) – average cost £350 – £500: Highways search fees – average cost £75 -£150.
• Possible additional disbursements; Mining search – £24; Flood search – £24; Plans search – £28; Indemnity insurance – average cost £250.

Do keep in mind that these costs are based on typical house sales and purchases and there may be additional fees imposed for new build, shared ownership or complex transactions. We also reserve the right to increase the fees should we uncover any issues during the conveyancing process that are to be considered out of the ordinary. Examples of these would include defects with the legal titles being considered, unregistered land and planning or building regulation concerns. It is not possible to provide an exhaustive list of issues that could lead to delays or an increase in fees so it is always best to contact us directly should you be looking to deal with one of these types of properties or a property that you believe would not be considered a typical transaction as our expert team will be able to advise you on potential additional costs and disbursements over the phone.

The average process takes about 10 – 12 weeks from receipt of papers. It can be quicker or slower depending upon the parties in the chain for example if one party in the chain needs a mortgage and that takes some time to get that that can delay matters. The precise stages involved in the purchase of a residential property vary according to the circumstances. However we have suggested some key stages:-
• Taking your instructions and giving you initial advice.
• Receiving and advising on contract documentation.
• Carry out searches and obtain planning documentation if required.
• Making any necessary enquiries of the seller’s solicitors.
• Giving you advice on all documents and information received.
• Going through the conditions of any mortgage offer with you.
• Sending the final contract to you for signature.
• Agree a completion date (date from which you own the property).
• Exchanging contracts and notifying you that this has happened.
• Arrange for all monies needed to be received from lender and you.
• Complete the purchase.
• Deal with payment of Stamp Duty Land Tax.
• Deal with the application at the Land Registry.

If you would like to discuss any of this in more detail we would refer you to our Team Page for details of the individuals (and qualification and level of experience) who will carry out work for you located at our various offices. All members of the team and their support staff will be happy to discuss your needs in more detail.

Please click on the image below to download a copy of our conveyancing services leaflet.