Whether you are a first-time buyer or an investor, we are
here to take the stress out of buying and selling a home.
Residential Conveyancing Pricing
We will guide you through each step of the transaction and tailor our service to your personal requirements, so you get exactly the service you need.
Pricing
We typically work on a fixed fee basis, so that from the outset you will know what the fees will be for your transaction.
If during the transaction there is a new development or the matter becomes more complicated than envisaged at the outset, we will discuss the change in fees with you and agree a way forward.
Sales
Type
Fees
Sale up to £500,000
£1300 plus VAT @20%
Sale over £500,000
£1500 plus VAT @20%
Sale over £750,000
£1700 plus VAT @20%
Sale over £1 million
Assessed on a Case-by-Case basis
If selling a Leasehold Property, there is a supplemental fee of £200 to be added to the fees above.
Purchases
Type
Freehold Purchase up to £500,000
£1500 plus VAT @20%
Leasehold Purchase up to £500,000
£1800 plus VAT @20%
Freehold Purchase over £500,000
£1600 plus VAT @20%
Leasehold Purchase over £500,000
£2000 plus VAT @20%
Freehold Purchase over £750,000
£1800 plus VAT @20%
Leasehold Purchase over £750,000
£2500 plus VAT @20%
Purchase over £1 million
Please contact us and we will provide a quote based on the individual circumstances.
Remortgages
Remortgage (leasehold or freehold)
Type
Added to the above fees will be a completion administration fee of £30 plus VAT in respect of each electronic bank transfer. This is to cover the large amount of time spent on actual completion, phoning all parties, giving email instructions to accounts and the banks to check on and effect electronic payments and ensure smooth running of completion.
There will also be a fee of £9.99 plus VAT @20% for an electronic ID check per person.
The above prices do not relate to any Deputyship residential conveyancing carried out by the firm.
£1100 plus VAT @20%
Fees
Disbursements
In addition to legal fees, you will also incur some third party costs known as disbursements. They may include the following:
Sales
Disbursement
Land Registry documents
Approximate Cost
From £6.00
Management Pack (if property leasehold)
From £150 plus VAT @20% depending on the charges made by the managing agent
Purchases
Disbursement
Searches
Approximate Cost
£400 – £500
Land Registry Registration Fee
HM Land Registry Fee Calculator
Stamp Duty Land Tax
Stamp Duty Land Tax Calculator
Lawyer Checker
£12 plus VAT @20%
Notice of Transfer (leasehold only)
Calculated based on terms of lease
Service
Sales
We set out below the key stages of a sale transaction:
- Prepare pre-contract package
- Send pre-contract package to buyers solicitor
- Answer any additional enquiries raised
- Exchange contracts
- Answer requisitions and approve draft transfer
- Send completion statement
- Obtain redemption statement from lender (if applicable)
- Completion
Purchases
We set out below the key stages of a purchase transaction:
- Examine pre-contract package
- Make additional searches
- Check title
- Raise enquiries and resolve any queries
- Approve contract of sale
- Prepare Report on Title
- Exchange contracts
- Raise requisitions on title and prepare draft transfer
- Make pre-completion searches
- Prepare financial statement
- Completion
- Pay Stamp Duty Land Tax
- Give Notice of Assignment (where applicable)
- Deal with registration of title
Timeframe
The timeframe for the average conveyancing transaction is between eight and twelve weeks.
Assumptions
The fees set out above assume that the matter is a standard transaction with no complexities or unforeseen matters. If the transaction proves substantially more complex or time consuming than expected, we reserve the right to reflect on our fees.
Additional fees will apply if the following are required:
- Licence to Assign;
- Licence to Alter;
- Declaration of Trust;
- Deeds including Deeds of Variation, Deeds of Covenant etc…;
- Grant of new lease.
If the matter proves abortive, work carried out and disbursements incurred up until that point would remain chargeable.
Fee Earners
Lisa heads the Property Department at Gillhams Solicitors and is a partner in the firm. Lisa specialises in residential property matters including leasehold enfranchisement. Lisa has 10+ years Post Qualification Experience and her hourly rate is £375 plus VAT at 20%.
Anisha Varma
Anisha is a qualified solicitor in the Property Department and assists Lisa Cornish with all aspects of residential conveyancing. Anisha’s hourly rate is £300.00 plus VAT at 20%.
For legal advice on any property related matter, complete the form below, email us at solicitors@gillhams.com or call us on +44(0)20 8965 4266.
Contact us
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Accreditations
Gillhams Solicitors LLP. is authorised and regulated by the Solicitors Regulation Authority SRA No:488436
