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Costs for a Transfer of Equity

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

Property Value (£) Our Legal Fees (£)
1 - 999,999 £1000 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 apply:

  • Has a current mortgage  - £300.00 + VAT
  • Equity Release  - £300.00 + VAT
  • Leasehold  - £350.00 + VAT
  • Help to Buy equity loan  - £300.00 + VAT
  • Shared Ownership  - £200.00 + VAT
  • Freehold Management Company - £250 + VAT

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

Completion Searches (approx.) - £7 – £10 + VAT each

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 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.

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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