Terms & Conditions
Terms of Business
Our full Terms of Business can be found by clicking this link.
Your Conveyancing Quote – Terms & Conditions
The conveyancing fees quoted are for the lawyer to do your legal work for you.
The third-party expenses are the charges that your lawyer may have to pay to other organisations to enable you to move. These are estimates, and might vary, dependant on the location of your property or any specialist lender requirements (e.g. buy to let). Your lawyer will tell you immediately if there are likely to be changes in these costs. Some of the circumstances that would lead to an increase in the costs are included in the important information below.
If you need further information on any of these points before making your decision, please don’t hesitate to call us on 0800 118 1500.
1. The client ID fee quoted is per person, and the Telegraphic Transfer Fee is for each transfer.
2. The total amount of VAT and Stamp Duty and other payments may be subject to alteration if the rates are changed by the Government after the date of the issue of this form. Currently, any reference to VAT in our fees should be calculated at 20%.
3. Please note that the fees must be paid on or before completion in accordance with our terms and conditions. We normally ask you to pay certain third party expenses, e.g. search fees, upon receipt of instructions.
4. You might have to provide for payment to other parties, e.g. your lender for their valuation, or your Surveyor or Estate Agent, and you should check with them the amounts they will require, inclusive of VAT where appropriate.
5. Please remember that your property may be one of the biggest assets for you and your family. It is important that you consider making a will to best decide who is to benefit in the event of your death. Our Trusts and Estates department will be happy to help you—just let your lawyer know and they’ll introduce you to one of the team.
6. We have prepared your quotation on the basis of what you have told us, and we assume that the transaction will not turn out to be substantially more complex or time consuming than we expect.
7. Circumstances which will lead to an increase in our conveyancing fees include the following:You are being gifted the deposit: £75 + VAT
- You will be funding the purchase with a Help to Buy or LifetimeISA: £50 + VAT per ISA bonus
- Arranging indemnity insurance (per policy): £50 + VAT
- The Property is listed: £100 + VAT
- You are purchasing with the Help to Buy (including Forces HTB) scheme £100+ VAT
- When purchasing residential property through a limited company or a Special Purpose Vehicle (SPV) created for that purpose, your funder may require the directors and/or shareholders to provide personal guarantees to support the loan – we are able to offer the following competitive rates for this advice: £375 plus VAT for one person, £550 + VAT for two people, and an additional £175 + VAT for each person thereafter.
- The property is leasehold: £250 + VAT
- Redemption of a mortgage: £150 + VAT
- The property is subject to the Building Safety Act: £750 +VAT if it is applicable during a sale, remortgage or transfer. If the Building Safety Act is applicable during a purchase, the work is charged at £1000 + VAT.
- Kindly note that if the property is leasehold there may be other third-party charges which will be confirmed by your conveyancer
- When purchasing through a limited company, if the company has only one director, the Company’s articles of association (Articles) may require amending to allow for the sole director to form a quorum and take decisions on behalf of the Company. If following a review of your Articles, the quorum provisions need to be amended, we can amend these provisions on your behalf. – Please note we will only amend the relevant quorum provisions and will not provide any advice on any of the other provisions of your Articles. The new articles of association will need to be adopted prior to drawdown and completion of your transaction. The additional fee to amend the Articles will be £300 + VAT.
8. Circumstances which will lead to an increase in third party expenses include the following:
- Some lenders employ a third-party panel manager and will levy a charge to you to cover their cost—this will typically be between £12-£35 + VAT.
- Wherever possible we use the Land Registry’s online service to lodge your application, and the fees quoted are for this service. However, this isn’t possible for new build properties or new leases (or in certain other circumstances), in which case the fee will be double the amount quoted.
- Upon completion of your property transaction, we will register your new ownership at HM Land Registry. We will provide you with details of the updated title register, confirming you as the registered owner of the property, and your obligations, for a fee of £30 + VAT.
- Mining Report: £50 + VAT (if required).
- In April 2016, the government introduced an increase in the Stamp Duty payable on the purchase of a second property. We have estimated the Stamp Duty payable based on the information you have given to us. If that information changes, then the duty payable may be significantly different.
- If your property is Leasehold, there may be additional fees payable to the Land Registry and third parties.
- There is a fee of £25 payable to Companies House to register a mortgage if the transaction is in the name of a company.
- Cost involved in investigating and advice on management charges in communal areas and additional post completion work involved in servicing notices to the management company – £150 plus VAT.
Additional Note:-
- From 1st April 2025, there will be several changes coming into effect which will change your Stamp Duty Land Tax calculation:
- The NIL rate threshold which is currently £250,000 will return to the previous level of £125,000.
- The NIL rate threshold for first-time buyers which is currently £425,000 will return to the previous level of £300,000.
- The maximum purchase price for which First-Time Buyers Relief (a reduced stamp duty rate) can be claimed is currently £625,000 and will return to the previous level of £500,000.
- If you are purchasing a New Build Property, where an anticipated legal completion date has been provided by the Developer (which suggests completion may take place prior to 1st April 2025) you should also consider the long stop dates within the Contract for Sale in the possible event legal completion is delayed. As such we advise you to budget for potential increases in your Stamp Duty Land Tax liability.
- Where you have exchanged contracts prior to 1st April 2025 and
- completion has not taken place on or before 31st March 2025, the above changes will still apply and your Stamp Duty Land Tax liability will change. Please contact us should you have any queries or concerns.
- In Wales, the land transaction thresholds/rates are different to those in England and a tailored calculation will be provided to you in respect of any Land Transaction Tax payable. There is no extra relief for first-time buyers
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