Guide to Prices
Conveyancing Price Guide
Conveyancing covers a wide range of transactions including buying or selling your home, buying an investment property, changing the ownership of property between family members (or others), or even buying at auction. It also covers matters such as re-mortgage work and equity release loans. At Brindley Twist Tafft & James we have a very experienced and dedicated team of conveyancing lawyers who are here to help you through every stage of the process.
We offer clear advice on the important points you need to know but won’t overload you with the technical parts you don’t. After all, it’s our job to ensure that the title to the property you are buying is not defective, and to ensure that where you are having a mortgage, that all the mortgagee’s requirements are met. That said, we do of course provide updates and report to you along the way.
The process can be stressful. There’s no getting away from that – but it’s our job to ensure that we take that stress away from you and manage your case from start to finish by providing both a professional, but personal service where you will have access to your appointed Lawyer and their dedicated secretary throughout. We are definitely not the sort of place where you never speak to the same person twice.
We are proud of our history and reputation as being professional, friendly and personable – which is evidenced by the fact that the majority of our clients are long established, where we have acted for generation after generation, or have been introduced by way of recommendation from existing clients.
When you are selling or buying a house, the costs incurred are made up of various factors. These include:
Our legal fees plus VAT at 20%
Disbursements – Disbursements are costs related to your matter that are payable to third parties, such as Land Registry and Inland Revenue (HMRC). We handle the payment of the disbursements on your behalf to ensure a smoother process
Surveyors fees – usually payable directly by you to your chosen Surveyor
We are very happy to provide you with a tailored quote based on your individual circumstances so please get in touch with us.
Price guide to buying a property
What charges will I need to pay?
We charge on a fixed fee basis, based on the purchase price of the property you are buying. Please note, we charge VAT at 20%.
Our fixed fees are based on the following:
PURCHASES | FREEHOLD | LEASEHOLD |
Up to £200,000 | £1,150.00 plus VAT | £1,350.00 plus VAT |
£200,000 – £350,000 | £1,350.00 plus VAT | £1,550.00 plus VAT |
£350,000 – £500,000 | £1,495.00 plus VAT | £1,695.00 plus VAT |
£500,000 – £1 million | Fee will be based on a percentage of the purchase price plus VAT | Fee will be based on a percentage of the purchase price plus VAT |
£1 million and over | Fee will be based on a percentage of the purchase price plus VAT | Fee will be based on a percentage of the purchase price plus VAT |
Price guide to selling a property
What charges will I need to pay?
We charge on a fixed fee basis, based in the sale price of the property you are selling. Please note, we charge VAT at 20%.
Our fixed fees are based on the following:
SALES | FREEHOLD | LEASEHOLD |
Up to £200,000 | £1,150.00 plus VAT | £1,350.00 plus VAT |
£200,000 – £350,000 | £1,350.00 plus VAT | £1,550.00 plus VAT |
£350,000 – £500,000 | £1,495.00 plus VAT | £1,695.00 plus VAT |
£500,000 – £1 million | Fee will be based on a percentage of the sale price plus VAT | Fee will be based on a percentage of the sale price plus VAT |
£1 million and over | Fee will be based on a percentage of the sale price plus VAT | Fee will be based on a percentage of the sale price plus VAT |
Re-mortgage
What charges will I need to pay for a re-mortgage?
The example below shows you the charges likely to be incurred in a typical re-mortgage transaction. Please note, we charge VAT at 20%.
Re-mortgage of freehold or leasehold residential property by one person with one registered mortgage
Fees and Disbursements | Cost | VAT at 20% | Cost including VAT |
Legal fee | £895.00 | £179.00 | £1074.00 |
HM Land Registry document fees | £12.00 | Nil | £12.00 |
HM Land Registry registration fee | £100.00 | Nil | £100.00 |
Bankruptcy search fee (per person) | £6.00 | Nil | £6.00 |
Electronic money transfer fee | £40.00 | £8.00 | £48.00 |
Electronic ID check (per person) | £30.00 | £6.00 | £36.00 |
Estimated total | £1276.00 |
How long will my re-mortgage take?
This depends in the main on your new lenders requirements. If searches are required then this can mean a slight delay whilst search results are awaited, however the majority of lenders will accept search insurance which does speed up the process.
On average, we would expect a re-mortgage to be completed within 3-4 weeks for a freehold, and within 5-6 weeks for a leasehold.
Pricing Assumptions
The prices provided above are a general guide. Our estimated 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 which requires remedying prior to completion, or the preparation of additional documents ancillary to the main transaction
the property is not in a block over 11 metres or 5 storeys or more in height
the transaction is concluded in a timely manner and no unforeseen complications arise
all parties to the transaction are co-operative and there is no unreasonable delay from third parties in providing documentation
you are not an investment buyer
no indemnity insurance is required
As each transaction is different we are very happy to discuss your individual situation and provide you with a more precise and personalised quote, so please do get in touch with us.
Get in touch with our expert Solicitors today
Our team of highly experienced solicitors work from offices in Coventry, Warwick, Balsall Common and Southam. Our solicitors work across the whole of the Coventry and Warwickshire region, as well as further afield.
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