(Joint Purchase - Replacing Main Residence - UK Resident)

Legal costs £1,095.00 plus VAT at 20% (Total £1314.00)

Stamp Duty Land Tax Fee £80.00 plus VAT at 20% (Total £96.00)

Bank Transfer Fee £35.00 plus VAT@ at 20% (Total £42.00)

On-boarding and ID Verification Fee £35.00 plus VAT at 20% (Total £42.00)

Land Registry Searches £7.00 (no VAT)

Additional Costs

Stamp Duty Land Tax £12,500.00 (replacing existing residence)

Land Registry Fee £150.00

Searches

Local and Drainage Search £105.70 (inc. VAT)

Environmental Search £74.20 (inc. VAT) (recommended)

Plan Search £48.19 (inc. VAT) (recommended)

Please note that the above is an example of our fees for purchasing your property as an existing property owner who has been resident in the UK for 182 days or more in the last 12 months before the effective date of the purchase. Please contact us on the enquiry form for an individual estimate based on your personal circumstances.

Please note that when providing you with an individual estimate, we will include all of the charges relating to your transaction. Should something come to light during the transaction we would notify you immediately and obtain your instructions before undertaking any additional chargeable work. Please note this is unlikely with Residential Conveyancing.

See definitions below in relation to both the Purchase and Sale Section of the costs

Legal costs £1,095.00 plus VAT@ 20%

Bank Transfer Fee £35.00 plus VAT@ 20%

On-boarding and ID Verification Fee £35.00 plus VAT@ 20%

Land Registry Searches £6.00-£24.00 (no VAT)

Please note that the above is an example of our fees for selling your property. Please contact us for an individual estimate.

The individual estimate we provide to you includes all of the charges we make. We do not provide a schedule or list of additional charges. You are unlikely to be charged more than that provided for in your individual estimate. Should something come to light during your transaction that was not reasonably foreseeable at the time of providing you with an estimate of costs we would notify you and take instructions before undertaking any additional chargeable work.

See definitions below in relation to both the Purchase and Sale Section of the costs

Legal Costs
In relation to the property transaction these are the charges we make for acting for you in relation to the purchase of your property. Please refer to the Residential section of our website for more information in relation to the service we provide for you.

Bank Transfer Fee
In relation to the property transaction this is the fee we charge for transferring funds in relation to your transaction and in accordance with your instructions. The fee includes the fee the bank charges us for making a CHAPS payment together with an element of costs for carrying out the due diligence required to ensure that payment is made to the correct beneficiary at the right time.

On-boarding and ID Verification Fee
Is a fee we charge for undertaking due-diligence, and where necessary enhanced due-diligence, including the cost of obtaining third party electronic identity verification together with source of funds and anti-money laundering checks as part of our on-boarding process.

Stamp Duty Land Tax (“SDLT”) and SDLT Return Fee
Stamp Duty Land Tax is the Tax payable by you in relation to your transaction. The above estimate is based on a purchase by a UK resident who is not a 1st time buyer and who is replacing their main residence. The amount of Stamp Duty Land Tax payable on any transaction will be specific to the purchaser’s circumstances and we will ask you to provide us with a completed information form relating to Stamp Duty Land Tax to enable us to provide you with an individual estimate.

We charge a fee for preparing and submitting the HMRC SDLT Tax Return on your behalf. Please note that the Tax Return must be prepared, submitted and Tax paid within 14 days of the date of completion of your purchase. If the Return is not submitted and Tax paid within the time limit afforded by HMRC you will be subject to a fine of £100.00 for late filing.

Land Registry Searches
These are the documents we obtain from HM Land Registry on behalf of your Lender and you and include a bankruptcy search for each purchaser at £2.00 per search and a search with priority immediately before we complete your purchase at £4.00.

Land Registry Fee
This is the fee charged by HM Land Registry for dealing with our application to register you as the new owner of the property. The fee will vary depending upon the purchase price of the property and we would ask that you contact us using the enquiry form to enable us to provide you with an individual estimate for your purchase.

Searches
These are searches we put in place on your behalf and in accordance with your instructions which relate to the specific property in relation to the Local and Drainage Search and the property and wider environmental for the Environmental and Plan Search.