Carreg Law’s fees

Our legal fees are fixed and range from between £350 - £2,500 plus VAT. 

In order to be as transparent as possible, our usual purchase of a standard residential property with a value of say £200,000 will be £750 plus VAT. However, the purchase or sale of a property is a complex process, hence the need in our view, to instruct a professional person in the form of a solicitor. 

Fees for a conveyancing matter vary depending on the instructions but are usually fixed at the point of instruction.

Factors which influence the quote are:-

1.     Whether it is a freehold or leasehold;

2.     Whether the property is registered or unregistered;

3.     Whether there is a mortgage;

4.     How many of you are buying the property;

5.     The location of the property;

6.     Whether there is additional agricultural land;

7.     Whether it is a shared ownership property;

8.     Whether it is a new build property;

9.     Whether you are relying on any gifts to pay for your deposit;

Using unregulated lenders or bridging finance may also affect the fees.

Expenses/disbursements

If you require searches, then the Local Authorities, Water Utility Companies and Enviro-Search agents provide these and the costs usually range between £250 – £270 inclusive of VAT – depending on the area being searched. We also ask some additional questions of the Local Authority to ensure that we have as much relevant information as possible about the property being purchased. We will obtain these searches for you and will require money paid on account to cover the cost and we usually say they should be obtained immediately you are satisfied with any survey that you have arranged.

There will also be HM Land Registry fees the highest of which will be paid to register the property following completion. These are fixed by the Government. In addition to the land registration fee, we are also required to undertake some searches of the Land Registry or Land Charges Dept and these come to, usually, £4 – 10 plus VAT. 

You may also be liable to pay stamp duty land tax (in England) or the Land Transaction Tax (in Wales) and this tax is based on the value of the property, where the property is located, whether you are a first-time buyer and whether you own another property among other factors.

Carreg Law’s fees

Our usual sale of a standard residential property with a value of say £200,000 will be £650 plus VAT.

If there is a transfer of part of land and we need a decent plan that is Land Registry compliant, we charge £79 plus VAT. This includes the Ordnance Survey and supplier fee.

Expenses/disbursements

If you are selling a property, we will need to obtain Office Copy Entries from the Land Registry, and these are usually between £9 – £24 plus VAT.

If it is a Leasehold property that you are selling, you are likely to be required to obtain a Management Pack from the leasehold management agent and (often) the freeholder. The fees charged by both can vary from between £100 plus VAT to £600 plus VAT.