All matters will be dealt with by Jonathan Henley a qualified Solicitor with over 35 years post qualification experience in Conveyancing. He is ably supported by a long serving team with bags of conveyancing knowledge. Henleys has achieved and maintains the Law Society’s Conveyancing Quality Standard.

Every transaction is different and our fees will reflect the particular details of your sale and your purchase. For example, dealing with the purchase of a flat with a short lease or buying a property in a brand new development, will involve much more work than buying a freehold terraced house. Because of this, we are not able to give you a reliable estimate of the cost of our services until we have the full details of what your personal transaction will involve, including the type of property that you are purchasing. It follows that if a transaction has unexpected complications we would always inform you of that and discuss with you the potential consequences, and advise you of the additional work to be carried out before any extra charges are made.

Our range of fees for sale and purchases are set out below and are exclusive of VAT and disbursements. This is only a guide and we will be happy to provide you with a personalised fee estimate for all transactions.

 

Property valueSalePurchaseLeasehold and New
<£0-250k £730 – £760£740 – £770Up to £200 in addition
£250k – £500£750 – £780£760 – £800
£500 – £1m£790 – £900£800 – £950
£1m plus On request On request

We also charge £35 plus VAT to deal with the compiling and filing of the SDLT return.

Electronic money transfer fee of £35 plus VAT.

These are the fees that are subject to VAT.

Disbursements

Disbursements are costs related to your matter that are payable to third parties, such as search fees. We handle the payment of the disbursements on your behalf to ensure a smoother process. The disbursements which we anticipate will apply are set out separately below. This list is not exhaustive and other disbursements may apply.

  • HM Land Registry fee: this is calculated according to the amount of the purchase price (Example on a Purchase £200k to £500k for an average purchase it is £135.);
  • Search fees: £260-£400. This includes Local Search, Water and Drainage Search, Environmental Search and Chancel Liability Insurance. (Local Searches vary according to Local Authorities Pricing, and additional searches are sometimes required)

These fees are not subject to VAT.

SDLT/Stamp Duty 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 the tools on HMRC’s website or if the property is located in Wales by using the Welsh Revenue Authority’s website.

Purchase of a freehold residential property

Our fees cover all of the work required 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 (SDLT) if the property is in England, or land transaction tax (Land Tax) if the property you wish to buy is in Wales.

Stages of the process

The precise stages involved in the purchase of a residential property vary according to the circumstances and typically include:

  • taking your instructions and giving you initial advice;
  • checking finances are in place to fund your purchase and contacting your lender’s solicitors where required;
  • receiving and advising on contract documents;
  • carrying out searches;
  • obtaining further planning documentation if required;
  • making any necessary enquiries of the seller’s solicitor;
  • reporting to you and providing advice on all documents and information received;
  • going through the conditions of the mortgage offer with you;
  • sending the final contract to you for your signature;
  • agreeing the completion date (the date from which you own the property);
  • exchanging contracts and notifying you that this has happened;
  • drafting the transfer;
  • advising you on joint ownership;
  • obtaining pre-completion searches;
  • arranging for all monies needed to be received from the lender and you;
  • completing your purchase;
  • dealing with payment of SDLT/Land Tax; and
  • dealing with the application for registration at the Land Registry and any other post completion formalities that may arise.

Purchase of a leasehold residential property

The stages of the process and the fees and disbursements are similar to those of a freehold purchase except that the lessor/managing agents will charge notice fees, and possibly certificate fees and deed of covenant fees. We will deal with these matters as part of the conveyancing process, but any charges that they make will be your responsibility to pay.

 

Our fees cover all the work required to complete the purchase of your flat, including dealing with registration at the Land Registry and dealing with the payment of SDLT if the property is in England, or land transaction tax (Land Tax) if the property is in Wales.

Sales

The stages in a sale are in essence the mirror image of a purchase.

Mortgages and re-mortgages

Our fees cover all of the work required to complete the mortgage or re-mortgage of your new or existing home, including dealing with the redemption of any existing mortgage secured over your property, the registration at the Land Registry of the new mortgage and, if a leasehold property, service of notice of mortgage on the landlord and/or management company. These fees are indicative of acting on behalf of private individuals and do not apply to companies who are looking to raise finance on a property.

The precise stages vary according to the circumstances of each transaction and typically include:

  • taking your instructions and giving you initial advice;
  • carrying out searches;
  • obtaining further planning documentation if required;
  • going through the conditions of the mortgage offer with you;
  • arranging for you to sign the mortgage deed;
  • setting a completion date for the drawdown of funds as well as obtaining a redemption figure if appropriate;
  • arranging for all monies needed to be received from the lender and you;
  • completing the mortgage/re-mortgage; and
  • dealing with the application for registration at Land Registry and if the property is leasehold serving notice of mortgage on the landlord/management company.

Our fees are based upon the amount of the new loan.

If the loan is up to £500,000 our charges are between £400 and £500 plus VAT and disbursements; if the loan is between £500,001 and £1 million then our charges are between £500 and £650 plus VAT and disbursements. The Land Registry fee which is chargeable in order to register the charge is calculated on the value of the mortgage advance and we will confirm this to you when we take your initial instructions with regard to the level of the charge.

As we stated at the start, each transaction is different and the total cost consists of a number of separate elements. We will be happy to discuss and explain these costs on the telephone and/or in a bespoke quotation by email or post detailing the cost and giving a final total. Please call 01256 840084 and ask for Jonathan Henley or email jonathan.henley@henleyssolicitors.co.uk  with as much detail of your transaction as possible.

Probate

Jonathan Henley charges £220 per hour.

The cost of obtaining an average grant of probate where no Inheritance Tax is payable and the executors collect in the assets is in the region of £800 plus vat. The court fee is currently £165 and additional office copies are £1.50.

Please call for more details.

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