Permitted Additional Charges

The Basic Conveyancing Fee incorporates the charge to be made by your Conveyancer in relation to the standard work required to convey your property. The following is a list of additional activity which falls outside the Basic Conveyancing Fee structure for which your Conveyancer will charge additional fees, as outlined below. Please note that the additional fees are estimated for guidance purposes only and may increase or decrease in accordance with the complexity and amount of work undertaken by ourselves in this respect.

Please note that should it be necessary for us to undertake additional work in relation to your conveyancing transaction, any estimate which you have been given, or the Basic Conveyancing Fee, may increase by between £50 and £300. We will not contact you in advance of carrying out such additional work, unless you confirm in writing that you wish us to do so, in order to ensure that your property transaction proceeds as quickly as possible to completion.

We will endeavour to inform you of situations whereupon additional charges will arise and provide you with an indication of the additional charges to be levied as soon as possible. The following additional activity will be charged at the following estimated additional costs. Where variations exist between the cost of additional work, the actual cost of this additional work will be assessed upon the complexity of the work undertaken by ourselves and any agreement which we have with any Introducer of legal work as to the cost of our charges in this respect.

Mortgage fees

Charges in respect of the legal work undertaken by ourselves in acting for your Lender will be payable by you in accordance with the Mortgage Conditions and at a charge of between £85.00 and £125.00 plus VAT for each mortgage, charge or loan discharged on a property sale transaction. A separate charge of between £85.00 and £215.00 plus VAT will be payable in respect of each mortgage, charge or loan taken out on a property purchase transaction.

Leasehold titles

The Basic Conveyancing Fee covers the conventional work associated with the conveyance of a freehold property. If the property subsequently transpires on receipt of title documentation to be leasehold, (i.e. a leasehold house, a flat, apartment, maisonette or housing association property), a standard leasehold supplement of between £150.00 and £200.00 plus VAT will be added to the Basic Conveyancing Fee in order to cover the additional leasehold work undertaken by ourselves in this respect.

Should we have to obtain a copy of your lease there will be a disbursement fee payable.

Unregistered titles

The Basic Conveyancing Fee will have been provided on the assumption that the property has been registered at the Land Registry. The vast majority of properties in England & Wales have now been registered at the Land Registry. In the event that it transpires that the property you are purchasing has not been registered at the Land Registry and is currently "unregistered", we will charge an additional fee of up to £150.00 plus VAT for deducing title to the property in this respect and effecting compulsory registration at the Land Registry following completion.

Additional activity

In the event that other legal documents or additional legal services are required or requested on the menu below, the following additional fees will apply in each instance. Please note that the prices quoted are estimates of our charges which may increase or decrease in accordance with the complexity or simplicity of each individual case.

Power of Attorney £100 plus VAT (each)
Tenancy Declaration of Trust £50 - £100 plus Vat
Deed of Trust £200 plus VAT
Transfer of Equity/Deed of Gift £150 plus VAT
Deed of Postponement £125 plus VAT
Deed of Grant or variation of rights £200 plus VAT
Deed of Guarantee £200 plus VAT
Deed of Covenant £150 plus VAT
Obtaining access to the premises between exchange of contracts and completion £100 plus VAT
Removal of a registered Caution £95 plus VAT
Drafting or approval of an Assured Tenancy Agreement £100 plus VAT
Mutual Deed of Covenant for flying Freehold £150 plus VAT
Reissuing contracts on second or subsequent transactions £200 plus VAT
Obtaining Copy Planning / Building regulation consent / dealing with Defects in Title £50 plus VAT & disbursements per issue
Transfer of Business Loan Facility / Overdraft £190 plus VAT
Transfer of Legal Aid Charge or other current loan £190 plus VAT
Drafting additional Contract packages for sale contract race £175 plus VAT (each)
Dealing with additional enquiries in relation to your property transaction £50 plus VAT & disbursements per issue or at the hourly rate
Deed of Easement (to grant rights) £200 plus VAT
Statutory Declaration, for Title rectification £95 plus VAT
Voluntary First Registration for a sale property £150 plus VAT
Exchanging contracts and completing the transaction within 5 days of each event £50 - £100 plus VAT
Deed of Assignment of Life Policy between policy holders £200 plus VAT
Service of Notices of Assignment or Reassignment to Life Co £40 plus VAT (each)
Telegraphic Transfer fees/Cheque Payment fees £39 plus VAT (each)
Electronic transmission of money outside the UK £60 plus VAT (each)
Cheque returned unpaid £15 plus VAT
Cheque stopped at Customer request £15 plus VAT
Stamp Duty Land Tax (completion of SDLT 1 form) £50 - £100 plus VAT
Stamp Duty Land Tax (electronic submission to Inland Revenue) £39 plus VAT
Copy Title Deeds following completion £40 plus VAT
File retrieval for you after Completion from Archive Storage £30 plus VAT
Data Protection Act 1998 - access to personal records £30 plus VAT
Purchase of Freehold reversion for a Leasehold property £295 plus VAT
Dealing with Third Party Lawyers (e.g on a matrimonial dispute) £190 plus VAT
Arranging / Dealing with Indemnity Insurance issues £50 plus VAT plus Disbursements per issue

In the event that additional work is undertaken by ourselves which cannot effectively be described as falling into one of the above mentioned additional fee categories, additional conveyancing charges will be calculated at a rate of £130 per hour (the "hourly rate") plus a 10% proportion thereof in respect of each telephone call and letter made or received.

Should you have any further queries with regard to the legal costs involved in your conveyancing transaction, please do not hesitate to contact us.

> Back to Transaction Guides

 
 

Get an Instant Quote Now

Selling your property

Leasehold Property?

 

Property Mortgaged?

 

Enter your transaction details and click the 'Generate Estimate' button below to generate your estimate.

 
 
Buying a property

First Time Buyer?

 

Leasehold Property?

 

Mortgage Required?

 

Enter your transaction details and click the 'Generate Estimate' button below to generate your estimate.

 
 
Both selling and buying

Leasehold Property?

 

Property Mortgaged?

 

Leasehold Property?

 

Mortgage Required?

 

Enter your transaction details and click the 'Generate Estimate' button below to generate your estimate.

 
 
Remortgaging a property

 

Enter your transaction details and click the 'Generate Estimate' button below to generate your estimate.

 
 
 

 
 

Client Testimonial

What our customers are saying

“I felt confident throughout my case that Convey365 would provide a great service and they did not let me down.”

Mr Dowding

 
 

NEED ANY HELP? CONTACT US

Call our New Business Team on

03304 450565

or simply click on the 'GO' button below to request a member of our team to call you back.

GO