Services
Residential Sale Pricing
The tables below set out our base fees plus the additional fees that may be chargeable depending on your transaction and individual requirements. Alternatively, we would be happy to provide a bespoke, no-obligation quote.
Residential Sale Pricing
It is possible that factors will arise during the transaction which will increase the fee estimate. For example, your requirements may change or an unforeseen issue may arise. We will always inform you in writing of the estimated additional fees as soon as practicable.
Properties in London
Property Price |
Freehold Fees |
Total |
Leasehold Fees |
Total |
|
£0 – £499,999 |
£1418 + £284 VAT |
£1702.00 |
£1733 + £347 VAT |
£2080.00 |
|
£500,000 – £749,999 |
£1680 + £336 VAT |
£2016.00 |
£1995 + £399 VAT |
£2394.00 |
|
£750,000 – £999,999 |
£1995 + £399 VAT |
£2394.00 |
£2310 + £462 VAT |
£2772.00 |
|
£1,000,000 + |
1/4 % + VAT |
tbc |
1/4 % + £525 + VAT |
tbc |
Properties outside of London
Property Price |
Freehold Fees |
Total |
Leasehold Fees |
Total |
|
£0 – £249,999 |
£1200 + £240 VAT |
£1440.00 |
£1500 + £300 VAT |
£1800.00 |
|
£250,000 – £499,999 |
£1400 + £280 VAT |
£1680.00 |
£1700 + £340 VAT |
£2040.00 |
|
£500,000 – £749,999 |
£1600 + £320 VAT |
£1920.00 |
£1900 + £380 VAT |
£2280.00 |
|
£750,000 – £999,999 |
£1800 + £360 VAT |
£2160.00 |
£2100 + £420 VAT |
£2520.00 |
|
£1,000,000 – £1,449,999 |
£2200+ £440 VAT |
£2640.00 |
£2500 + £500 VAT |
£3000.00 |
|
£1,500,000 – £1,999,999 |
£2600 + £520 VAT |
£3120.00 |
£2900 + £580 VAT |
£3480.00 |
Additional Fees that may be payable:
Item |
Amount |
VAT |
|
Each bank transfer fee |
£35.00 |
£7.00 |
|
Unregistered Property fee |
£150.00 |
£30.00 |
|
Help to buy redemption |
£150.00 |
£30.00 |
|
Director/Head of Department surcharge |
£350.00 |
£70.00 |
Disbursements
In addition to our fees, “disbursements” will be payable. Disbursements are costs related to your matter that are payable to third parties, such as Land Registry fees. We handle the payment of all disbursements on your behalf.
Anticipated Disbursements
Price |
Land Registry Documents |
Each anti-money Laundering search |
Management Co / Landlord pack* |
|
Freehold |
£6-£9 +VAT |
£4.17 + £0.83 VAT |
£0 |
|
Leasehold |
£15 +VAT |
£4.17 + £0.83 VAT |
£0 – £350 |
* The pack fees vary from property to property and can, on occasion, be more than the ranges provided. We will be able to give you an accurate figure once we have contacted the Management Company and/or Landlor
Time Scales
The timescale depend on factors such as (but not limited to):
- The number of parties in the chain
- Whether the buyer has a mortgage in place
- Whether the buyer requests lease extension for a leasehold property
- Whether the searches flag up any issues
- Whether buyer’s survey reveals any issues
A typical transaction will take between 8 – 12 weeks, however if any of the above factors apply, your sale could take longer. We will keep you updated as to our progress throughout the transaction.
If exchange and/or completion is required more quickly than the usual time frame we will make an additional charge for expediting the matter. This will be based upon the speed required.
Key Milestones
The milestones will vary according to individual circumstances but are likely to include:
- Confirming your initial instructions and verifying your identity
- Considering your title to the Property
- Drafting and agreeing the terms of the contract for sale
- Supplying information to the Buyer’s solicitor
- Obtaining a redemption statement from your mortgage lender (if applicable)
- Answering pre-contract enquiries raised by the Buyer’s solicitors
- Agreeing the terms of the deed that will transfer ownership of the property
- Sending the contract and transfer deed to you for signature
- Exchanging contracts once everyone is ready and a completion date agreed
- On the completion date:
- Receiving the purchase price from the Buyer’s solicitor
- Redeeming your mortgage(s) (if applicable)
- Paying the estate agents from the proceeds of sale (if applicable)
- Distributing the net proceeds of sale to you
Exclusions
We do not undertake tax advice.
Our fixed fees assume that:
- No complications or unforeseen matters arise during the transaction. This includes, but is not limited to, (i) a defect in title which require remedying prior to completion and (ii) the preparation of additional documents ancillary to the main transaction such as a deed of variation
- The entire property is included in the sale and this is not a “sale of part”
- A leasehold sale is an assignment of an existing lease and not the grant of a new lease
- All parties to the transaction are co-operative and do not cause unreasonable delay
- No indemnity policies are required.Additional disbursements may apply if indemnity policies are required
Work will be carried out by the members of the Residential Property Team whose profiles you will find here:
