Price Guide

Below you will find an example of the costs (and work involved) * to complete the purchase of your new home, including dealing with registration at the Land Registry and dealing with the payment of Stamp Duty Land Tax (Stamp Duty) if the property is in England, or Land Transaction Tax (Land Tax) if the property you wish to buy is in Wales.

* Please note that the amount you will pay depends on the price of the property and the complexity of the work involved. We can give you a fixed cost once we have details of the property and your circumstances. We have provided a typical example of a property costing £175,000 with or without a mortgage.  Land Registry Fees are charged on a sliding scale depending on the transfer value. You can calculate the amount of the Land Registry fee by visiting the Land Registry’s Website

Example of Property costing £175,000

  • Legal fee if there is no mortgage                               £650.00 (+ VAT of £130.00)
  • Fee for acting on behalf of your mortgage lender       £75.00(+VAT of £15.00)                         (if applicable)

Disbursements (for the above example)

  • Search fees:                                                              £242.00          
  • HM Land Registry fee:                                                £95.00
  • Electronic money transfer fee:                                    £40.00 plus VAT of £8.00
  • Electronic identification fee (per person):                     £4.00 plus VAT of 80p
  • Electronic Storage of File:                                            £5.00 plus VAT of £1.00

                                                           Estimated total: £1,265.80

Disbursements are costs related to your matter that are payable to third parties, such as Land Registry fees. We handle the payment of the disbursements on your behalf to ensure a smoother process.

Stamp Duty or Land Tax (on purchase)

This depends on the purchase price of your property. You can calculate the amount you will need to pay by using HMRC’s website or if the property is located in Wales by using the Welsh Revenue Authority’s website here.

In this example of a property valued at £175,000 the Land Tax charge would be £0.00


Additional Costs to above if dealing with a Leasehold property:

  • Legal Fee: + £75.00 plus VAT of £15.00
  • Notice of Transfer fee – This fee if chargeable is set out in the lease. Often the fee is between £50 – £100
  • Notice of Charge fee (if the property is to be mortgaged) – This fee is set out in the lease. Often the fee is between £50 – £100.
  • Deed of Covenant fee – This fee is provided by the management company for the property and can be difficult to estimate. Often it is between £175 – £250.
  • Certificate of Compliance fee – To be confirmed upon receipt of the lease, as can range between £50 – £150.

These fees vary from property to property and can on occasion be significantly more than the ranges given above. We can give you an accurate figure once we have sight of your specific documents.

You should also be aware that ground rent and service charge are likely to apply throughout your ownership of the property. We will confirm the ground rent and the anticipated service charge as soon as we receive this information.

Our fee assumes that:

  1. this is a standard transaction and that no unforeseen matters arise including for example (but not limited to) a defect in title which requires remedying prior to completion or the preparation of additional documents ancillary to the main transaction
  2. If it is a leasehold property, that this is the assignment of an existing lease and is not the grant of a new lease
  3. the transaction is concluded in a timely manner and no unforeseen complications arise
  4. all parties to the transaction are co-operative and there is no unreasonable delay from third parties providing documentation
  5. no indemnity policies are required. Additional disbursements may apply if indemnity policies are required.

Factors that would typically increase the cost of the service.

  • If legal title is defective or part of the property is unregistered
  • If we discover building regulations or planning permission has not been obtained
  • If crucial documents that we have requested have not been provided.
  • If you are having assistance from Help to Buy Wales or Help to Buy ISA

 Stages of the process

The precise stages involved in the purchase of a residential property vary according to the circumstances. However, below are the typical key stages that would be involved in the transaction:

  • Take your instructions and give you initial advice
  • Check finances are in place to fund purchase and contact lender’s solicitors if needed
  • Receive and advise on contract documents
  • Carry out searches which currently take between 4-6 weeks
  • Obtain further planning documentation if required
  • Make any necessary enquiries of seller’s solicitor
  • Give you advice on all documents and information received
  • Go through conditions of mortgage offer with you
  • Send final contract to you for signature
  • Agree completion date (date from which you own the property)
  • Exchange contracts and notify you that this has happened
  • Arrange for all monies needed to be received from lender and you
  • Complete purchase
  • Deal with payment of Stamp Duty/Land Tax
  • Deal with application for registration at Land Registry

Due to the current activity in the property market and the ongoing effect of the pandemic we are finding that transactions are taking at least 10 – 12 weeks to complete.    It can be less and it can be more depending upon the various factors within the process including the effect of a chain and more particularly the requirements and demands of other property owners.

The Director with responsibility for conveyancing is Anthea Phillips.  Also in the department are  Solicitors: Haydn Williams, Mary Evans, Telor Dyer, Gareth Phillips, Hayley Knights and Conveyancing Assistant, Ann-Marie Jenkins.