Pricing

Residential Conveyancing

Who will work on my matter?

We have an experienced team of conveyancers, many of whom are qualified solicitors, each supported by staff who will also work on your matter

On instruction you will be allocated a dedicated fee-earner and we will advise you of their contact details and those of the rest of their team so you know exactly who is working on your matter for you and who you can contact with any queries.

Full details of the team, including individual profiles can be found here

https://www.fdrlaw.co.uk/site/for-you/conveyancing-solicitors/

What will you do and how much will it cost?

Sale of a freehold residential property

What we will do

The precise stages involved in the sale of a residential property vary according to the circumstances. However, the following are the main steps we would take in the vast majority of cases: -

  • Take your instructions and give you initial advice
  • Obtain title documents
  • Draft contract papers and submit them to the buyer’s solicitor
  • Obtain preliminary redemption figures for any charges/mortgages registered against the property
  • Deal with any enquiries raised by the buyer’s solicitor
  • Send final contract to you for signature
  • Agree completion date (date from which the buyer will own the property and you must move out by)
  • Exchange contracts and notify you that this has happened
  • Obtain final redemption figures
  • Complete sale
  • Deal with redemption of any charges/mortgages
  • Account to you for the proceeds of sale

What might it cost

Our fees cover all of the work* required to complete the sale of your home, including dealing with repaying any mortgages registered against the property at the Land Registry and (if you do not wish to do so yourself) settling your estate agents account.

Disbursements are costs related to your matter that are payable to third parties, such as Land Registry fees. We handle the payment of the disbursements on your behalf to ensure a smoother process.

Our fees and disbursements can be calculated using our on-line quote generator which can be accessed here:

https://fdrlaw.wp.perfectportal.co.uk/

* Our fee assumes that:

  1. 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 alongside the main transaction
  2. the transaction is concluded in a timely manner and no unforeseen complications arise
  3. all parties to the transaction are co-operative and there is no unreasonable delay from third parties providing documentation
  4. no indemnity policies are required. Additional disbursements may apply if indemnity policies are required.

How long will my house sale take?

How long it will take from your buyer’s offer being accepted until you can move out of your house will depend on a number of factors. The average process takes between 6-8 weeks.

It can be quicker or slower, depending on the parties in the chain. For example, if you are selling an empty property to a first time buyer, with a mortgage in principle, it could take 4-6 weeks.

Sale of a leasehold residential property

What we will do

The precise stages involved in the sale of a residential property vary according to the circumstances. However, the following are the main steps we would take in the vast majority of cases: -

  • Take your instructions and give you initial advice
  • Obtain title documents
  • Draft contract papers and submit them to the buyer’s solicitor
  • Obtain preliminary redemption figures for any charges/mortgages registered against the property
  • Obtain replies to standard leasehold enquiries from the freeholder/managing agents
  • Deal with any enquiries raised by the buyer’s solicitor
  • Send final contract to you for signature
  • Agree completion date (date from which the buyer will own the property and you must move out by)
  • Exchange contracts and notify you that this has happened
  • Obtain final redemption figures
  • Complete sale
  • Deal with redemption of any charges/mortgages
  • Account to you for the proceeds of sale

What might it cost

Our fees cover all of the work* required to complete the sale of your home, including dealing with repaying any mortgages registered against the property at the Land Registry and (if you do not wish to do so yourself) settling your estate agents account.

Disbursements are costs related to your matter that are payable to third parties, such as Land Registry fees. We handle the payment of the disbursements on your behalf to ensure a smoother process. There are certain disbursements which will be set out in the individual lease relating to the Property. The disbursements which we anticipate will apply are set out separately below. This list is not exhaustive and other disbursements may apply depending on the term of the lease, particularly where the property is an apartment and/or a retirement property. We will update you on the specific fees once we have obtained a copy of your lease and contacted any freeholder/managing agents involved.

Our fees and disbursements can be calculated using our on-line quote generator which can be accessed here: -

https://fdrlaw.wp.perfectportal.co.uk/

Leasehold properties, especially flats, are more complicated to deal with, which is why our fees are higher than for freehold properties

* Our 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 alongside 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 providing documentation
  • no indemnity policies are required. Additional disbursements may apply if indemnity policies are required.

Anticipated Disbursements*

  • Licence to Assign fee – This fee if chargeable is sometimes set out in the lease but more frequently is fixed by the freeholder or their managing agents. Often the fee is between £50- 250 plus VAT
  • Leasehold Information Pack fee – This fee is payable to the Managing Agents for providing standard information that must be provided by sellers on the sale of a leasehold property (if the property is a leasehold house with a minimal ground rent then this may not be required). Often it is between £150-£300 plus VAT
  • Ground Rent receipt fee – you will be required to prove to the buyer that any ground rent is paid up to date and this fee may be charged by the freeholder if you do not already have a receipt. Often it is between £25-£50 plus VAT

*These fees vary from property to property and can on occasion be significantly more than the ranges given above. We can give you an accurate figure once we have sight of your specific documents.

How long will my property house sale take?

How long it will take from your buyer’s offer being accepted until you can move out of your house will depend on a number of factors. The average process takes between 6-8 weeks.

It can be quicker or slower, depending on the parties in the chain. For example, if you are selling an empty property to a first time buyer, with a mortgage in principle, it could take 4-6 weeks.

However, if you are selling a leasehold property that requires an extension of the lease, this can take significantly longer, between 3 and 6 months. In such a situation additional charges would apply.

Purchase of a freehold residential property (including New Build)

What we will do

The precise stages involved in the purchase of a residential property vary according to the circumstances. However, the following are the main steps we would take in the vast majority of cases: -

  • Take your instructions and give you initial advice
  • Check finances are in place to fund purchase and contact lender's solicitors if needed
  • Receive and advise on contract documents
  • Carry out searches
  • Obtain further planning documentation if required
  • Make any necessary enquiries of seller's solicitor
  • Give you advice on all documents and information received
  • Go through conditions of mortgage offer with you
  • Send final contract to you for signature
  • Agree completion date (date from which you own the property)
  • Exchange contracts and notify you that this has happened
  • Arrange for all monies needed to be received from lender and you
  • Complete purchase
  • Deal with payment of Stamp Duty/Land Tax
  • Deal with application for registration at Land Registry

What might it cost

Our fees cover all of 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 you wish to buy is in Wales.

Disbursements are costs related to your matter that are payable to third parties, such as Land Registry fees. We handle the payment of the disbursements on your behalf to ensure a smoother process.

Our fees and disbursements can be calculated using our on-line quote generator which can be accessed here: -

https://fdrlaw.wp.perfectportal.co.uk/

* Our 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 alongside 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 providing documentation
  • no indemnity policies are required. Additional disbursements may apply if indemnity policies are required.

Stamp Duty or Land Tax (on purchase)

This 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 here.

How long will my house purchase take?

How long it will take from your offer being accepted until you can move in to your house will depend on a number of factors. The average process takes between 8-12 weeks. Where the property is new-build, the timescale is dictated by the builder and depends on how far along the construction of the property is.

It can be quicker or slower, depending on the parties in the chain. For example, if you are a first time buyer, purchasing an empty property with a mortgage in principle, it could take 4-6 weeks.

Purchase of a leasehold residential property (including New Build)

What we will do

The precise stages involved in the purchase of a residential property vary according to the circumstances. However, the following are the main steps we would take in the vast majority of cases: -

  • Take your instructions and give you initial advice
  • Check finances are in place to fund purchase and contact lender's solicitors if needed
  • Receive and advise on contract documents
  • Receive and advise on Leasehold information
  • Carry out searches
  • Obtain further planning documentation if required
  • Make any necessary enquiries of seller's solicitor
  • Give you advice on all documents and information received
  • Go through conditions of mortgage offer with you
  • Send final contract to you for signature
  • Agree completion date (date from which you own the property)
  • Exchange contracts and notify you that this has happened
  • Arrange for all monies needed to be received from lender and you
  • Complete purchase
  • Deal with payment of Stamp Duty/Land Tax
  • Deal with application for registration at Land Registry

What might it cost

Our fees cover all of 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 you wish to buy is in Wales.

Disbursements are costs related to your matter that are payable to third parties, such as Land Registry fees. We handle the payment of the disbursements on your behalf to ensure a smoother process. There are certain disbursements which will be set out in the individual lease relating to the Property. The disbursements which we anticipate will apply are set out separately below. This list is not exhaustive and other disbursements may apply depending on the term of the lease. We will update you on the specific fees upon receipt and review of your specific lease .

Our fees and disbursements can be calculated using our on-line quote generator which can be accessed here: -

https://fdrlaw.wp.perfectportal.co.uk/

Leasehold properties, especially flats, are more complicated to deal with, which is why our fees are higher than for freehold properties

* Our 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 alongside 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 providing documentation
  • no indemnity policies are required. Additional disbursements may apply if indemnity policies are required.

Anticipated Disbursements*

  • Notice of Transfer fee – This fee if chargeable is sometimes set out in the lease but more frequently is fixed by the freeholder or their managing agents. Often the fee is between £50- £120 (plus VAT).
  • Notice of Charge fee (if the property is to be mortgaged) – This fee if chargeable is sometimes set out in the lease but more frequently is fixed by the freeholder or their managing agents. Often the fee is between £50- £120 (plus VAT).
  • Deed of Covenant fee – This fee is provided by the management company for the property and can be difficult to estimate. Often it is between £100 and £150 plus VAT
  • Certificate of Compliance fee - To be confirmed upon receipt of the lease or the management Information pack, as can range between £100 and £150 plus VAT.

*These fees vary from property to property and can on occasion be significantly more than the ranges given above. We can give you an accurate figure once we have sight of your specific documents.

You should also be aware that ground rent and service charge are likely to apply throughout your ownership of the property. We will confirm the ground rent and the anticipated service charge as soon as this we receive this information.

Stamp Duty or Land Tax (on purchase)

This 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 here.

How long will my property purchase take?

How long it will take from your offer being accepted until you can move in to your house will depend on a number of factors. The average process takes between 8-12 weeks. Where the property is new-build, the timescale is dictated by the builder and depends on how far along the construction of the property is.

It can be quicker or slower, depending on the parties in the chain. For example, if you are a first time buyer, purchasing an empty property with a mortgage in principle, it could take 4-6 weeks. However, if you are buying a leasehold property that requires an extension of the lease, this can take significantly longer, between 3 and 6 months. In such a situation additional charges would apply.

Re-mortgage of a freehold residential property

What we will do

The precise stages involved in the re-mortgage of a residential property vary according to the circumstances. However, the following are the main steps we would take in the vast majority of cases: -

  • Take your instructions and give you initial advice
  • Obtain and review the title documentation
  • Obtain preliminary redemption figures for any charges/mortgages registered against the property
  • Carry out searches (if required by the lender)
  • Go through conditions of mortgage offer with you
  • Agree completion date with you (date from which the mortgage will change)
  • Arrange for all monies needed to be received from lender and you
  • Obtain final redemption figures
  • Complete re-mortgage
  • Deal with application for registration at Land Registry

What might it cost

Our fees cover all of the work* required to complete the re-mortgage of your property new home, including dealing with registration at the Land Registry.

Disbursements are costs related to your matter that are payable to third parties, such as Land Registry fees. We handle the payment of the disbursements on your behalf to ensure a smoother process.

Our fees and disbursements can be calculated using our on-line quote generator which can be accessed here: -

https://fdrlaw.wp.perfectportal.co.uk/

* Our 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 alongside 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 providing documentation
  • no indemnity policies are required. Additional disbursements may apply if indemnity policies are required.
  • There is no associated transfer of equity (i.e either adding or removing a party to/from the property and mortgage). In this situation additional fees would apply

How long will my re-mortgage take?

How long it will take from your new mortgage offer being issued until you can switch lenders will depend on a number of factors. The average process takes approximately 2-4 weeks.

It can be quicker or slower, depending on the lender involved. For example, if the title to the property is simple and there is no existing mortgage then it could take 2 weeks. However, if the lender requires searches to be carried out rather than accepting search indemnity the process could take 4-6 weeks.

Re-mortgage of a Leasehold residential property

What we will do

The precise stages involved in the re-mortgage of a residential property vary according to the circumstances. However, the following are the main steps we would take in the vast majority of cases: -

  • Take your instructions and give you initial advice
  • Obtain and review the title documentation
  • Obtain preliminary redemption figures for any charges/mortgages registered against the property
  • Carry out searches (if required by the lender)
  • Obtain and review replies to standard leasehold enquiries from the freeholder/managing agents
  • Go through conditions of mortgage offer with you
  • Agree completion date with you (date from which the mortgage will change)
  • Arrange for all monies needed to be received from lender and you
  • Obtain final redemption figures
  • Complete re-mortgage
  • Deal with application for registration at Land Registry

What might it cost

Our fees cover all of the work* required to complete the re-mortgage of your property new home, including dealing with registration at the Land Registry.

Disbursements are costs related to your matter that are payable to third parties, such as Land Registry fees. We handle the payment of the disbursements on your behalf to ensure a smoother process.

Our fees and disbursements can be calculated using our on-line quote generator which can be accessed here: -

https://fdrlaw.wp.perfectportal.co.uk/

* Our 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 alongside 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 providing documentation
  • no indemnity policies are required. Additional disbursements may apply if indemnity policies are required.
  • There is no associated transfer of equity (i.e. either adding or removing a party to/from the property and mortgage). In this situation additional fees would apply

Anticipated Disbursements*

  • Notice of Charge fee– This fee if chargeable is sometimes set out in the lease but more frequently is fixed by the freeholder or their managing agents. Often the fee is between £50- £120.
  • Leasehold Information Pack fee – This fee is payable to the Managing Agents for providing standard information that must be checked by the solicitor for the new lender on the re-mortgage of a leasehold property (if the property is a leasehold house with a minimal ground rent then this may not be required). Often it is between £150-£300 plus VAT

How long will my re-mortgage take?

How long it will take from your new mortgage offer being issued until you can switch lenders will depend on a number of factors. The average process takes approximately 2-4 weeks.

It can be quicker or slower, depending on the lender involved. For example, if the title to the property is simple and there is no existing mortgage then it could take 2 weeks. However, if the lender requires searches to be carried out rather than accepting search indemnity the process could take 4-6 weeks.