Residential Conveyancing Fees

Our Pricing

At Vas Solicitors we have always prided ourselves on our jargon-free and transparent approach to our work and its costs. 

We feel it’s really important, in addition to providing you with an excellent service, that you know what you will pay for the service you expect to receive.  

Conveyancing Fees:  

Our residential conveyancing covers all aspects of a purchase right from the beginning up to the day of completion. We offer a fixed fee package for all our residential work which can be found below; 

Legal Fees: Our legal fees can typically range from £750 to £2750 depending on the purchase/sale price of the property as seen below: 

Purchase of freehold/leasehold residential property:

   Sale / Purchase Fees

Fees

Less than £200,00.00

£750 plus VAT

  £200,001.00 to £300,000.00

£850.00 plus VAT

£300,001.00 to £400,000.00

£950.00 plus VAT

£400,001.00 to £500,000.00

£1050.00 plus VAT

£500,001.00 to £600,000.00

£1250.00 plus VAT

£600,001.00 to £700,000.00

£1450.00 plus VAT

£700,001.00 to £800,000.00

£1650.00 plus VAT

£800,001.00 to £1,000,000.00

£2000.00 plus VAT

£1,000,000.00 to £1,500,000.00

£2750.00 plus VAT

More than £1,500,000.00

Please call to obtain a bespoke quote

Our additional fees in addition to the scale fees:

Our fees for dealing with Stamp Duty including SDLT return     £200 plus VAT
Our fees dealing with ID requirements £10 plus VAT

 Disbursements*

  • Telegraphic Transfer fee £15 
  • Search Fee Pack (e.g. local searches, drainage and environmental searches included) £250-£300
  • Bankruptcy search fee £2.00 (per name)
  • Lawyer Checker Search fee £14.40
  • Priority Search Fee £3.00 per search
  • Land Registry Fee: Depends on purchase price – please visit Land Registry to confirm fees: https://www.gov.uk/guidance/hm-land-registry-registration-services-fees
  • Stamp Duty: Depends on purchase price and your circumstances. Please visit Stamp Duty Land Tax Return and check SDLT Calculator 
  • Companies House Search fees £5-£60 depending on the urgency
  • Winding up searches on companies – £5-£60 depending on the urgency
  • Companies House fees (£23 to companies House and agents fees of £10-£15)
  • SDLT and AP1 fee submission via online Provider £8-12

Stamp Duty 

Stamp Duty Land Tax (on purchase) 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. Please note that this is based on many variable factors and the level of disbursements could quite possibly increase depending on your circumstances. It is therefore vital that you obtain a matter-specific quote from us before proceeding to ensure that you can afford your purchase. 

SDLT Calculator: https://www.tax.service.gov.uk/calculate-stamp-duty-land-tax/#/intro

The above fees are given on the assumption that: 

  1. The matter will be a standard residential conveyancing and no unforeseen matters arise, including but not limited to a defect in the title which requires remedying prior to completion or preparation of additional documents ancillary to the main transaction 
  2. All parties to the transaction are cooperative and there is no unreasonable delay in third parties providing documentation or services. 
  3. Once instructed, your instructions to us do not change in a material way. An example of a material change would be that you instruct us that you are buying a property in your sole name but, after we are instructed, you decide to purchase the property jointly with a spouse or some other person. 

The Stages of your conveyancing matter:

  1. Take your instructions and give you initial advice 
  2. Check finances are in place to fund purchase and contact lender’s solicitors if needed 
  3. Receive and advise on contract documents 
  4. Carry out searches
  5. Obtain further planning documentation if required
  6. Make any necessary enquiries of seller’s solicitor
  7. Give you advice on all documents and information received
  8. Go through conditions of mortgage offer 
  9. Send final contract to you for signature
  10. Draft Transfer
  11. Advise you on joint ownership
  12. Obtain pre-completion searches 
  13. Agree completion date (date from which you own the property) 
  14. Exchange contracts and notify you that this has happened 
  15. Arrange for all monies needed to be received from lender and you
  16. Complete purchase 
  17. Deal with payment of Stamp Duty/Land Tax 
  18. Deal with application for registration at Land Registry 

Our fees cover all 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 (Stamp Duty) if the property is in England, or Land Transaction Tax (Land Tax) if the property is in Wales. 

Re-mortgage Fees: 

Our costs in connection with a re-mortgage is £750 plus Vat and costs of the disbursements up to £400,000 and beyond £400,000 then the scale fee above applies.

Timescales for your matter: 

On any transaction, the timescales are subject to change depending on many factors such as mortgage offers, searches, parties within the chain and so on. The average transaction takes between eight to ten weeks. It can be slower or quicker, and the following situations may give you an idea of timing scenario’s:- 

  1. For a first time buyer purchasing a brand new property with a mortgage in principle it could take 8 weeks if the property is ready for occupation.
  2. If you are buying a leasehold property that requires an extension to the Lease and raising enquiries from the Landlord or another third party, it can take significantly longer and between 10 – 16 weeks.
  3. If you are buying and selling a property and there is a chain of say three or four requiring mortgages and searches, this may typically take between 8 – 12 weeks. 
  4. The average mortgage takes between five and six weeks to be issued from the date of application.
  5. Local Authority searches and enquiries on a purchase can take around five weeks.

Menu of Additional Services/Fees

All quotes are based upon the information provided at the outset of a matter. During the course of the transaction additional work may be required for matters which were not disclosed at the outset or which were unknown. Please see below a list of additional fees. Additional fees will be added to your final account if extra work has been undertaken. Please note the fees will below will be in addition to the scale fees.

Additional Work

Fees

SDLT Return

£200.00 plus VAT

  Leasehold Property

£150.00 plus VAT

  Transfer of Equity

£500.00 plus VA

Limited Company

£500.00 plus VAT

Share of the freehold

£200.00 plus VAT

ID1 Fees

£150.00 plus VAT

Occupier’s Consent

£225.00 plus VAT

Re-mortgage

£850.00 plus VAT

Second Charge

£150.00 plus VAT

Declaration of Trust (simple)

£200.00 plus VAT

Declaration of Trust (complex)

£500.00 plus VAT

Gift from Parents

£250.00 plus VAT

Gift from Third Parties (each gift)

£250.00 plus VAT

Lease Extension

Please call to obtain a personalised quote 

Non-Standard Restriction

£250.00 plus VAT

Contract Race

£200.00 plus VAT

Expedition Fee

£200.00 plus VAT

Purchase subject to tenancy

£250.00 plus VAT

Statutory Declaration

£200.00 plus VAT

Dealing with independent solicitors

Please call to obtain a personalised quote 

Flying Freehold

£250.00 plus VAT

Obtaining Bespoke Indemnity

£200.00 plus VAT

Property Team

Name

Position at Vas Solicitors

Qualifications

Relevant Experience

Hourly Rate plus VAT

Veeravagu Vaaheesan

Solicitor/Director

Solicitor of the senior courts

10+ PQE

£250.00

Evanjalin Vivekanandarajah

Solicitor/Director

Solicitor of the senior courts

3+ PQE

£165.00

Imalka Thusyanthan

Solicitor/Director

Solicitor of the senior courts

5 + PQE

£172.00

Akshya Kumar

Senior Solicitor

Solicitor of the senior courts

17+ PQE

£250.00

Anjalie Bala

Solicitor

Solicitor of the senior courts

1+ PQE

£165.00

Babita Issur

Trainee Conveyancer

10+ years of conveyancing experience 

£121.00

Ashwariya Kuhendiran

Paralegal

LLM

1+ years of conveyancing experience

£121.00

Sunjay Issur

Trainee Solicitor

LLB

3+ years of conveyancing experience

£121.00

Please note the following

It is only right to advise that our fee assumes that:-

  • The matter will be a standard residential conveyancing and no unforeseen matters arise, including but not limited to a defect in the title which requires remedying prior to completion or preparation of additional documents ancillary to the main transaction. 
  • The transaction is concluded in a timely manner and no unforeseen complication arises.
  • All parties to the transaction are cooperative and there is no unreasonable delay in third parties providing documentation or services.
  • Once instructed, your instructions to us do not change in a material way.  An example of a material change would be that you instruct us that you are buying a property in your sole name but, after we are instructed, you decide to purchase the property jointly with a spouse or some other person.

Exclusions

We do not undertake tax advice, with the exception of reporting and paying the stamp duty on a property transaction.

Our fees are fixed, however there may be factors which would typically increase the cost of the fees estimated above. Where there is likely to be any additional cost, we will make sure you are informed of this at the earliest opportunity and a clear estimate of those extra costs will be provided.

Factors that may lead to an increase in cost include:

  • If a legal title is defective or part of the property is unregistered
  • If you discover building regulations or planning permission has not been obtained
  • If crucial documents, we have previously requested from you have not been provided to us
  • If the property is a new build
  • If any of  the additional items set out above are required

Timescales

On any transaction, the timescales are subject to change depending on many factors such as mortgage offers, searches, parties within the chain and so on.  The average transaction takes between eight to ten weeks.  It can be slower or quicker, and the following situations may give you an idea of timing scenario’s:-

  1. For a first time buyer purchasing a brand new property with a mortgage in principle it could take 8 weeks if the property is ready for occupation. 
  2. If you are buying a leasehold property that requires an extension to the Lease and raising enquiries from the Landlord or another third party, it can take significantly longer and between 10 – 16 weeks.
  3. If you are buying and selling a property and there is a chain of say three or four requiring mortgages and searches, this may typically take between 8 – 12  weeks.
  4. The average mortgage takes between five and six weeks to be issued from the date of application.
  5. Local Authority searches and enquiries on a purchase can take around five weeks.

Abortive fees

Sometimes a sale or purchase does not proceed for a number of reasons.  We do charge for work undertaken on your behalf in such a situation together with any disbursements incurred on your behalf as follows:

Stage

Buying Property

Selling Property

Our Professional Fees

1.

File opened, initial letters sent and documents returned, pre-exchange searches requested, received, printed and reported.

File opened, initial letters sent, contract package prepared and sent to buyer’s solicitors

£240 Inc. VAT

2.

Mortgage offer received and reported with deed, enquiries raised on contract package provided

Redemption figure requested, enquiries answered

£300 Inc. VAT

3.

Contract Report prepared, all documents sent to client for signing

Contract documents sent to client for signing

£360 Inc. VAT

4.

File ready for exchange of contracts. Completion Statement prepared and finances organised

File ready for exchange of contracts. Completion Statement prepared and finances organised

£420 Inc. VAT