E & C Solicitors, 57 Hythe Street, Dartford, Kent. DA1 1BG

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Indicative Legal Fees and Disbursements for Residential and Commercial Conveyancing

All our Conveyancing Fees are based on the "Standard Work" required to complete such matters, these vary dependent on each matter, whether sale, purchase, remortgage or transfer of equity. Below is a guideline as to what your legal fees and disbursements may look like dependent on the transaction you are looking at instructing us for.

Please note that our Legal Fees are fixed, however, they are only fixed on the basis of the "Standard Work", we will advise you of any additional costs as and when they arise, included in this document is a non-exhaustive list of what additional work may look like.

All our quotations are based on an "estimate" as we cannot at the time of quoting know all of the relevant details of the transaction to provide certain fees for disbursements of know if any additional work will be required.

Time Estimates

It is hard to determine how long a transaction will take from instruction to completion and unfortunately, this is not the same across all conveyancing firms and other third parties involved with the conveyancing process. However, the current average, from multiple sources, would be between 8 to 12 weeks from sending/receiving the draft contract paperwork to completion of the matter. Time estimates are as stated, they are "estimates", there are several elements within a conveyancing transaction that can determine whether a matter will take longer than others.

You should also be advised that Sale matters will feel substantially quicker than a Purchase matter, and if you are both selling and purchasing a property it will seem like the sale if moving along faster than the purchase. This is merely because when you sell a property, most of the work is on the purchaser's solicitor's hands to deal with, you are merely answering the buyer's enquiries and then signing the contract paperwork.

Key Stages and Standard Work

The Standard Work required varies for each transaction and may vary from firm to firm. However, we note that the general standard work for sale and purchase matters generally includes the key stages of a transaction which are as follows:

  • Obtaining your instructions and carrying our mandatory identity checks;
  • Drafting or reviewing the draft contract and relevant documentation for the title of the property;
  • Advising on any title issues/defects (not including any remedial work required);
  • Raising and answering the buyer's solicitor's enquiries and reporting to you on the contract and the title matters;
  • Exchanging and completing the matter and dealing with the registration of any completed transfer

Who will undertake your matter:

Estate and Corporate Solicitors have a wealth of Conveyancing Expertise in the Firm and each of the Fee Earners have years of experience dealing with all aspect of Conveyancing Transactions. Our current Fee Earners are:

  • Victor Aigbogun (Solicitor and Director): £350.00 + VAT per hour
  • Linda Atele (Licenced Conveyancer and Director): £250.00 + VAT per hour
  • Charles Kelly (CILEx Advanced Paralegal): £200.00 + VAT per hour

Our Legal fees and Disbursements are set out as follows:

Conveyancing - Freehold - Legal Fees

Value

Sale + VAT

Purchase + VAT

Remo + VAT

Less than £50,000

£800

£900

£750

£50,001 - £150,000

£900

£1000

£750

£150,001 - £300,000

£1000

£1100

£850

£300,001 - £450,000

£1100

£1200

£950

£450,001 - £600,000

£1200

£1300

£1150

£600,001 - £999,999

£1300-£1999

£1350-£1999

£1250-£1999

* all legal fees are subject to VAT which is charged at 20%.*

** those properties valued over £1,000,000.00 shall be charged at £2,000.00 + VAT or 0.5% of the property value, whichever is the larger.

*** please note that if the property is being sold/purchased at auction there will be an additional fee of £200.00 +VAT added due to the nature of such matters. Similarly, this fee will apply to matters where there is an unregistered title, new build or shared ownership.

**** there is an additional fee of £200.00 + VAT if there is a mortgage to redeem on a sale and remortgage matter for the administration work required to deal with this. If there are any additional mortgages or other charges to redeem, there are additional fees applicable.

***** if Estate and Corporate Solicitors are to act on behalf of a lender in a purchase there will be an additional fee of £300.00 + VAT for the work required in doing so.

****** if there is a Stamp Duty Land Tax submission to be made on any purchase matter, and you have not provided the relevant signed form, there will be an additional fee of £100.00 + VAT payable for us to complete this for you.

Conveyancing - Leasehold - Legal Fees

Value

Sale + VAT

Purchase + VAT

Remo + VAT

Less than £50,000

£1100

£1300

£850

£50,001 - £150,000

£1300

£1500

£850

£150,001 - £300,000

£1500

£1700

£1050

£300,001 - £450,000

£1700

£1900

£1250

£450,001 - £600,000

£1900

£2100

£1450

£600,001 - £999,999

£2100-£3000

£2800-£3100

£1650-£1899

* all legal fees are subject to VAT which is charged at 20%.*

** those properties valued over £1,000,000.00 shall be charged at £3,000.00 + VAT or 0.5% of the property value, whichever is the larger.

*** please note that if the property is being sold/purchased at auction there will be an additional fee of £200.00 +VAT added due to the nature of such matters. Similarly, this fee will apply to matters where there is an unregistered title, new build or shared ownership.

**** there is an additional fee of £200.00 + VAT if there is a mortgage to redeem on a sale and remortgage matter for the administration work required to deal with this. If there are any additional mortgages or other charges to redeem, there are additional fees applicable.

***** if Estate and Corporate Solicitors are to act on behalf of a lender in a purchase there will be an additional fee of £300.00 + VAT for the work required in doing so.

****** if there is a Stamp Duty Land Tax submission to be made on any purchase matter, and you have not provided the relevant signed form, there will be an additional fee of £100.00 + VAT payable for us to complete this for you.

Conveyancing - Disbursements

Disbursement

Sale

Purchase

Remortgage

Telegraphic Transfer

£48

£48

£48

Admin & Postage

£100

£100

£100

Office Copies & Plans

£4.20 per doc

N/A

£4.20 per doc

Identity Check

£7.80 per person

£7.80 per person

£7.80 per person

Lawyer Checker Fee

£15.00

£15.00

£15.00

Local Authority Search

£300 (auctions)

£300

£250 (or Indemnity Policy)

Land Registry Fee

N/A

Check Value

Check Value

Stamp Duty

N/A

To be determined

N/A

Official Search

Unregistered - £4.90

£4.20 per title

£4.20 per title

Bankruptcy - per client

£3.20

£3.20

£3.20

* Disbursements are inclusive of VAT unless otherwise stated. If VAT is chargeable it is at 20%

Conveyancing - Additional Transactions - Legal Fees

Transaction

+ VAT

Transaction

+VAT

Dealing with Help to Buy Loan

£600

Drafting a Deed of Trust / Declaration or Trust

£550 / £180

Redeem a Help to Buy

£950

Declaration a Declaration of Solvency

£250

Transfer of Equity - with a Mortgage

£950 (off) £1000 (on)

Drafting a Deed of Gift

£300

Transfer of Equity - without a Mortgage

£750 (off) £800 (on)

Drafting a Statutory Declaration

£250

* all legal fees are subject to VAT which is charged at 20%.*

Conveyancing - Additional Transactions - Disbursements

Disbursement

Transfer of Equity

Rdeeming a Help to Buy

Telegraphic Transfer

£48

£48

Admin & Postage

£100

£100

Office Copies & Plans

£4.20 per doc

£4.20 per doc

Identity Check

£7.80 per person

£7.80 per person

Lawyer Checker Fee

£15.00

£15.00

Land Registry Fee

Property Value/Consideration

N/A

Stamp Duty

Property Value/Consideration

N/A

Official Search

£4.20 per title

N/A

Bankruptcy - per client

£3.20

£3.20

* Disbursements are inclusive of VAT unless otherwise stated.

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Fees payable for Additional Work carried out (fees are subject to VAT @ 20%)

Dealing with leasehold properties (if Freehold when quoted) £300.00
Dealing with second management information pack £150.00
Approval of a Deed of Variation of a lease £600.00
Drafting a Deed of Covenant £250.00
Approving a Deed of Covenant £200.00
Dealing with Unregistered land £200.00
Dealing with a New Build element £200.00
Dealing with a property under a shared ownership scheme £200.00
Dealing with a third party/gifted deposit (per gift) £300.00
Drafting a Declaration of Trust (depending upon the complexity) £200.00
Dealing with 3rd party lawyers £300.00
Drafting a Statutory Declaration / Statement of Truth £250.00
Dealing with a restriction on the title (per restriction) £100.00
Dealing with a 2nd lender (not Help to Buy) £300.00
Dealing with a Company Mortgage £400.00
Dealing with an offer of Bridging Loan £400.00
Dealing with Help to Buy ISA/Lifetime ISA (per ISA) £100.00
Dealing with a Help to Buy Equity scheme mortgage £600.00
Redeeming 2nd & subsequent charges/cautions £200.00
Auction Pack approval prior to auction £400.00
Approval of a Deed of Easement £500.00
Arranging Indemnity Insurance (per policy) £100.00
Preparing or approving a Key Undertaking £200.00
Preparing or approving a Licence to Occupy £300.00
Serving notice to complete (delayed completion) £150.00
Holding a retention on account after completion £100.00
Dealing with a Deed of Postponement £300.00
Approving a Solar Panel Lease £500.00
Dealing with the amendment of a Solar Panel Lease £350.00
Contract Race (Dealing with more than one buyer at once) £500.00
Approval of an Assured Shorthold Tenancy Agreement £300.00
Retrieving a file from archive at your request (after completion)/Archiving Fee £75.00
Dealing with Stock transfer/Share certificate/application for membership £100.00
Dealing with a Management Company/Rent Charge on Freehold property £250.00
Preparing a Declaration of Solvency £250.00
Dealing with a Company selling a residential property £250.00
Sale/purchase with existing Assured Shorthold Tenancy £200.00
Drafting a Transfer of Part £400.00
Completing compliance certificate to satisfy restriction on title £150.00

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