The following charges are based on a typical registered freehold residential property purchase by 2 people at £190,000 in England with a mortgage (not first time buyers):
|Fees and Disbursements
|Cost including VAT
|HM Land Registry fee
|Electronic money transfer fee
|Land registry fee
|Lawyer checker fee
|Electronic ID check (per person)
The Stamp Duty or Land Tax you pay depends on the purchase price of your property, and whether or not you are a UK resident.
The current threshold, where Stamp Duty Land Tax starts to apply, is currently set at £250,000.00 for a residential property (not first time buyer or second property). If your purchase price exceeds this sum, then you would pay Stamp Duty or Land Tax on any amount over the £250,00.00. Therefore, for our example above, there would be no Stamp Duty Land Tax to pay.
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 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.