Conveyancing: Sale of a freehold residential property
Our fees cover all of the work required to complete the sale of your freehold property.
Our fees for a typical residential house sale range from around £795 for a simple transaction to around £6,000 for a substantial historic building on unregistered land. These figures may, however, vary in cases with special complications. That is why we will always give you an individual cost estimate at the start of the transaction, taking into account the actual features of your purchase. We will always advise you immediately about any complication, and discuss the potential impact on the price before any additional charges are incurred.
Here is an example of a costs estimate for our conveyancing fees and disbursements for a freehold sale (registered title) at £150,000 and redeeming a mortgage:
|HM Land Registry official copy entries||£6.00|
|Costs in connection with electronic money transfer fee (to existing redeem mortgage)||£40.00|
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.
How long will my sale take?
The sale of a property will typically complete within 8 to 10 weeks from the issuing of contract papers by us to the buyer’s solicitors. Whether or not this timescale is achievable will depend on a number of factors, some of which will be outside of our control, such as receipt of searches by the buyer, receipt of a mortgage offer by the buyer (if appropriate), receiving and replying to enquiries made by the buyer’s solicitor, and general co-operation by the buyer, the buyer’s solicitor and other parties in the chain. It will become clear as the matter proceeds whether this timescale will be achievable.
Stages of the process
The precise stages involved in the sale of a residential property vary according to the circumstances, however, some of the key stages are:
Our fee assumes that:
Below is a list of the types of things for which we charge more:
NB: This list is not intended to be exhaustive.