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Costs to buy and sell a property

Costs for Buying a Property

Before we commence with any transaction we will provide you with an estimate of the legal fees for your specific transaction.

Property Value (£) Legal Fees (£)
1 - 200,000 1200.00 plus VAT
200,001 - 300,000 1200.00 plus VAT
300,001 - 400,000 1250.00 - 1300 plus VAT
400,001 - 500,000 1350.00 plus VAT
500,001 - 750,000 1350.00 - £1500.00 plus VAT
750,001 - 999,999 1500.00 - 1750.00 plus VAT
1,000,000+ 0.25% of the price

You will also incur a one off bank transfer fee of £30 + VAT

The following charges will also apply if relevant to the property you are buying:

  • New Build Property  - £200.00 + VAT
  • Listed Building  - £200.00 + VAT
  • Help to Buy Equity Loan - £300 + VAT
  • Shared Ownership  - £200.00 + VAT
  • Leasehold  - £200.00 + VAT

You will also incur the following payments to third parties (Disbursements):

Searches (approx.)  - £300- £400 + VAT

Stamp Duty Land Tax:

You must pay Stamp Duty Land Tax (SDLT) if you buy a property or land over £125,000 in England and Northern Ireland.

The amount you will pay will depend on the value of the property and your personal circumstances

You can use HM Revenue and Customs’ (HMRC) Stamp Duty Land Tax calculator to work out approximately how much tax you will need to pay.

Land Registry fees:

All property purchases need to be registered at the Land Registry and they charge a fee for doing this. Their fee is dependent on the value of the property. You are able to work out the exact amount you will be charged via this link to the Land Registry’s fees calculator.

Note; please be aware that fees and disbursements may be subject to change during the course of the transaction as more information becomes available. This is unlikely; however, we will inform you if any work becomes necessary due to unforeseen complexities or a change in your requirements or circumstances. We will confirm to you the charges for such extra work before incurring the extra costs. Please note that such extra charges may apply even where a fixed fee has been agreed.

Costs for Selling a Property

Before we commence with any transaction we will provide you with an estimate of the legal fees for your specific transaction.

Sale Price (£) Legal Fees (£)
1 - 200,000 1000.00 plus VAT
200,001 - 300,000 1000.00 plus VAT
300,001 - 400,000 1000.00 - 1150.00 plus VAT
400,001 - 500,000 1150.00 - 1200.00 plus VAT
500,001 - 750,000 1200.00 - 1350.00 plus VAT
750,001 - 999,999 1500.00 plus VAT
1,000,000+ 0.15% of the price

You will also incur a one off bank transfer fee of £30 + VAT

If your property is any of the following, the following charges will also apply:

  • Shared Ownership          £200.00 + VAT
  • Listed Building                  £200.00 + VAT
  • Leasehold                       £200.00 + VAT

You will also incur the following payments to third parties (Disbursements):

Copy Documents from HM Land Registry (approx.) £3 - £20 + VAT

Please be aware that fees and disbursements may be subject to change during the course of the transaction as more information becomes available. This is unlikely, however, we will inform you if any work becomes necessary due to unforeseen complexities or a change in your requirements or circumstances.  We will confirm to you the charges for such extra work before incurring the extra costs. Please note that such extra charges may apply even where a fixed fee has been agreed.

We have taken all reasonable steps to ensure the price information set out on our website provides an accurate and realistic indication of the costs of obtaining certain legal advice today, but we may update the information at any time in the future.

Whilst we hope this information is helpful as an initial guide, we will provide you with a specific fee proposal and a copy of our standard terms of business when you instruct us to undertake work.

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