OUR FEES

CONVEYANCING

Conveyancing Standard Prices
Our standard prices for your sale or purchase are:

PROPERTY PRICE

Under £100,000
£100,000 – £149,999
£150,000 – £199,999
£200,000 – £299,999
£300,000 – £399,999
£400,000 – £499,999
£500,000 – £599,999
£600,000 – £699,999
£700,000 – £799,999
£800,000 – £899,999
£900,000 – £999,999
£1,000,000 – £1,499,999
£1,500,000 – £1,999,999

FEES

£700 + VAT ( £ 140)= £ 840
£750 + VAT £ 150 =£ 900
£800 + VAT 160=£ 960
£850 + VAT £ 170 = £ 1020
£900+ VAT £ 180= £1080
£950 + VAT £ 190= £ 1140
£1000 + VAT £ 200= £1200
£ 1050 + VAT £ 210= £ 1260
£1100+ VAT £ 220= £ 1320
£1150 + VAT £230 =£ 1380
£1,200 + VAT £ 240= 1440
£1,250 + VAT £ 250= £ 1500
£1,300 + VAT£ 260= £ 1560

The above fees are negotiable.

ADDITIONAL CHARGES

In some instances we make an additional charge on top of our usual fees to take into account the extra work we have to carry out. Some examples of when we make an additional charge include:

  • If the buyer is buying the property with a mortgage we charge additional fee of £ 295 plus vat (£59) = total £ 354 and for sale transaction to redeem the mortgage we charge £150 plus vat£ £30) total £ 180
  • If a property is a new build there is an additional fee of £120 + VAT (a total of £144).
  • If you are buying using the Help to Buy scheme there is an additional fee of £120 + VAT (a total of £144).
  • If you are using a Help to Buy ISA there is an additional fee of £50 + VAT (a total of £60) per ISA.
  • If you require a Statutory Declaration our fees start from £125 + VAT depending on complexity.
  • If you required a Declaration of Trust our fees start from £150 + VAT depending on complexity.

DISBURSEMENTS

Along with our fees you will also need to pay any disbursements related to your sale or purchase. Disbursements are third party costs which we will incur on your behalf as part of your transaction. Generally the following disbursements are incurred (please note that these costs are estimates only and we will advise you of the actual costs for your matter as soon as this information is available).

SALE PRICE
Office copy entries - freehold £6
Office copy entries – leasehold £12
Management pack – leasehold management company xxx £ Price varies depending on
PURCHASE PRICE PRICE
Searches (Coal, Local and Drainage) £125
Land Registry Search £3
Bankruptcy Search (per person) £2
Telegraphic Transfer fee £30 plus vat
Land Registry fees See table below, we shall always try and register the property for you online if possible.
PURCHASE PRICE LAND REGISTRY FEE ONLINE LAND REGISTRY
Up to £80,000 £40 £20
£80,001 - £100,000 £80 £40
£100,001 - £200,000 £190 £95
£200,001 - £500,000 £270 £135
£500,001 - £1,000,000 £540 £270
£1,000,000 and over £910 £455

STAMP DUTY

Stamp duty is set by the Government and subject to changes. As at the time of writing (December 2018) the following Stamp Duty rates apply to properties in England.

First time buyers do not pay Stamp Duty on the first £300,000 of a property worth under £500,000. Between £300,001 and £500,000 they pay Stamp Duty at 5%. First time buyers purchasing a property worth over £500,000 are not entitled to this relief.

PURCHASE PRICE STAMP DUTY RATE BUY TO LET/ADDITIONAL HOME RATE
Up to £125,000 0% 3%
£125,001 - £250,000 2% 5%
£250,001 - £925,000 5% 8%
£925,001 - £1,500,000 10% 13%

OUR SERVICES

At Kingly Solicitors our experienced Solicitor will have the day to day running of your matter supported by our friendly secretaries. On average a standard sale and purchase should take between 4 to
6 weeks however this is affected by other factors including any issues in the chain.
Our fees include:

  • Taking your initial instructions;
  • Checking finances are in place;
  • Checking title documents;
  • Submitting or receiving contract documents;
  • Carrying out searches and sending enquiries to the other side;
  • Answering enquiries raised;
  • Preparing title and search reports to you;
  • Go through mortgage documents with you;
  • Send Contract to you for signature;

  • Obtaining mortgage redemption figures from your lender;
  • Agree completion dates with you and the other side;
  • Exchange contracts and advise you once this has happened;
  • Arrange the transfer of moneys to complete on your sale/purchase;
  • Completing your sale/purchase;
  • Discharge any mortgage or legal charge;
  • Remit any outstanding balances to you;
  • On your purchase submit an application to the Land Registry;
  • On your purchase deal with the payment of Stamp Duty on your behalf.

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