Our fees cover all of the legal work required to complete the sale of the property based in England & Wales.
The information is based on a number of assumptions and particular the fee assumes that:
this is a standard transaction and that no unforeseen matters arise including for example (but not limited to) a defect in title or lease which requires remedying prior to completion or the preparation of additional documents ancillary to the main transaction
- the transaction is concluded in a timely manner and no unforeseen complication arise
- all parties to the transaction are co-operative and there is no unreasonable delay from third parties providing documentation
- no indemnity policies are required. Additional disbursements may apply if indemnity policies are required.
There may be circumstances when other costs may be incurred due to particular circumstances of your particular transaction but we will advise you if this becomes the case and will tell you about any additional costs when the arise: –
What happens if the transaction does not complete:
If the matter becomes abortive and does not proceed, we will charge a proportion of our fee based on work undertaken by us to that point together with any disbursements incurred.
Do we pay referral fees to people who introduce conveyancing clients to us?
Some firms of solicitors will pay a sum of money as a reward to an introducer of conveyancing work to them, this is usually known as a referral fee. Such arrangements can exist for example between the solicitors and estate agents or financial advisers. We do make such payments to some referrers. Always insist that any introducer tells you about a referral fee or reward they receive before introducing you to a firm of solicitors, as their recommendation may be motivated by a financial interest and not based solely on whether they think the solicitor can do a good job for you. We will advise you in advance if we are paying a referral fee.
The experience of the people who may carry out the work for you:
Please see links on our website regarding individual team members
The typical timescales and key stages of the purchase transaction:
How long it will take from the offer being accepted until you can move in to your house will depend on a number of factors. On average the process takes between 2-4 months for houses and 3-4 months for flats.
It can be quicker or slower, depending on the parties in the chain.
Stages of the process:
The precise stages involved in the purchase of a residential property vary according to the circumstances but will typically include:
- Take your instructions and give you initial advice
- Advise on contract documents
- Obtain the management pack
- Supplying information to you and those involved with the transaction;
- Checking the title of the property you are selling;
- Preparing documents, the sale contract and deeds relating to your sale;
- Dealing with questions and enquiries raised by your buyer’s Solicitors;
- Reporting and providing information to you relating to the property you are selling;
- Exchanging contracts, following any necessary negotiations on the terms;
- Approving the transfer deed to the buyers;
- Completing your sale and accounting to you for the proceeds or receiving from you any monies required to complete the sale;
- Dealing with all post-completion matters, particularly repaying any outstanding mortgages or loans.
Mortgages and Remortgages
A mortgage or re-mortgage occurs either when a mortgage is placed on a property which has no mortgage or you redeem the existing mortgage and transfer the mortgage to a new lender. The fees for our mortgage and remortgage price information apply only apply if you are using a mainstream or high Street Lender. If you have a mortgage offer with a non-mainstream lender, then our fees will be higher.
It is important to note that you cannot normally remortgage unless you have owned the property for a period of six months. If you wish the remortgage to go through within the six months period you must check with your lender as to whether this is possible.
The information is based on a number of assumptions and particular the fee assumes that:
- this is a standard transaction
- the transaction is concluded in a timely manner and no unforeseen complication arise
- all parties to the transaction are co-operative and there is no unreasonable delay from third parties providing documentation
- no indemnity policies are required. Additional disbursements may apply if indemnity policies are required.
There may be circumstances when other costs may be incurred due to particular circumstances of your particular transaction but we will advise you if this becomes the case and will tell you about any additional costs when the arise.
What happens if the transaction does not complete:
If the matter becomes abortive and does not proceed, we will charge a proportion of our fee based on work undertaken by us to that point together with any disbursements incurred.
Do we pay referral fees to people who introduce conveyancing clients to us?
Some firms of solicitors will pay a sum of money as a reward to an introducer of conveyancing work to them, this is usually known as a referral fee. Such arrangements can exist for example between the solicitors and estate agents or financial advisers. We do make such payments to some referrers. Always insist that any introducer tells you about a referral fee or reward they receive before introducing you to a firm of solicitors, as their recommendation may be motivated by a financial interest and not based solely on whether they think the solicitor can do a good job for you. We will advise you in advance if we are paying a referral fee.
The experience of the people who may carry out the work for you:
Please see links on our website regarding individual team members
The typical timescales and key stages of the purchase transaction:
How long it will take from the offer being made until the re-mortgage is completed and registered will depend on a number of factors. On average the process takes between 4-6 weeks.
It can be quicker or slower, depending on the parties involved.
Stages of the process:
The precise stages involved in the purchase of a residential property vary according to the circumstances but will typically include:
- Obtaining details from you as to the whereabouts of your Title Deeds (if applicable). If you have a mortgage on the property, it is likely that the title deeds will be with your lender. If this is the case, we will require the details of your lender as well as your account number.
- Investigating the title of the property and obtaining a redemption figure for your existing mortgage