Please note that any mention of VAT on fees throughout this page refers to the standard rate of 20%.
| Property Value | Estimated Fee | VAT | Total |
|---|---|---|---|
| Up to £100,000.00 | £975.00 | £195.00 | £1,170.00 |
| Up to £150,000.00 | £1,025.00 | £205.00 | £1,230.00 |
| Up to £200,000.00 | £1,100.00 | £220.00 | £1,320.00 |
| Up to £250,000.00 | £1,150.00 | £230.00 | £1,380.00 |
| Up to £300,000.00 | £1,250.00 | £250.00 | £1,500.00 |
| Up to £350,000.00 | £1,325.00 | £265.00 | £1,590.00 |
| Up to £400,000.00 | £1,350.00 | £270.00 | £1,620.00 |
| Up to £450,000.00 | £1,415.00 | £283.00 | £1,698.00 |
| Up to £500,000.00 | £1,475.00 | £295.00 | £1,770.00 |
| Up to £600,000.00 | £1,515.00 | £303.00 | £1,818.00 |
| Up to £700,000.00 | £1,615.00 | £323.00 | £1,938.00 |
| Up to £800,000.00 | £1,715.00 | £343.00 | £2,058.00 |
| Up to £900,000.00 | £1,815.00 | £363.00 | £2,178.00 |
| Up to £1,000,000.00 | £1,915.00 | £383.00 | £2,298.00 |
Our fees cover all of the work required to complete the sale of your property and, if you have one, the repayment of your mortgage. There are disbursements that you may have to pay.
Example Costs
Selling a flat for £150,000.00
| Our Fee | £1025.00 |
| Bank Charges | £30.00 |
| VAT | £211.00 |
| Land Registry (Estimated) | £20.00 |
| Management Company (Estimated) | £200.00 |
| Sub-Total | £1486.00 |
Disbursements
Additional fees, payable to a third party, handled by us.
Standard Disbursements are:
- Bankruptcy Search: £2.00 per person
- Calculate Land Registry Fees Here
Anticipated Leasehold Disbursements are:
- Fees payable to the landlord or management company for providing information. Typically between £100.00 – £280.00
These fees vary from property to property. Contact us to get an accurate figure.
Here are some frequently asked questions
How long will my property purchase take?
There are many factors involved with the timescale of a leasehold sale. The average process takes between 10-14 weeks. This can vary based on all parties in the chain.
What does the fee assume?
Our fee assumes that:
- This is a standard transaction, and no unforeseen matters arise, including, for example, (but not limited to) a defect in title which requires remedying before completion or the preparation of additional documents ancillary to the main transaction.
- This is the assignment of an existing lease and is not the grant of a new lease.
- The transaction is concluded promptly, and no unforeseen complications arise.
- All parties to the transaction are cooperative, 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.
- Your property is registered at the Land Registry. If not, additional charges will apply.
What is the process?
The precise stages of selling a leased property vary according to the circumstances. However, below some of the key stages are mentioned:
- Take your instructions and give you initial advice.
- Ask you to complete proper information forms.
- Prepare and send the contract documents to the buyer’s conveyancer
- Reply to buyer’s enquiries
- See you to sign the final contract and Transfer.
- Agree on the completion date (the date that you are to hand over the keys for the property)
- Exchange contracts and notify you that this has happened
- Obtain a repayment figure from your Lender.
- Complete sale
- Repay your mortgage