Our Prices - Freehold

 

Purchase of a Freehold residential property

Our fees cover all of the work that is required to complete the purchase of your new home, including dealing with registration at the Land Registry and dealing with the payment of Stamp Duty Land Tax (Stamp Duty) if the property is in England, or Land Transaction Tax (Land Tax) if the property you wish to buy is in Wales.  

Please note the total estimated cost does not include stamp duty tax.

Referral Fee (if any)

If applicable Judge & Priestley will pay the fee of up to £250.00 for a referral made by an approved third party. 

Important Information ****

Our legal fee quoted above is for us to carry out the legal work for your Purchase.  The additional costs detailed above however are those we have to pay to other organisations and are essential to the conveyancing process.  These additional costs are estimates and may vary depending on the location of your property.  We handle the payment of these disbursements on your behalf to ensure a smoother process.

Search Pack – this includes the cost of official local, drainage and water and environmental searches for properties purchased within the LB Bromley.  

Bank Transfer Fee – this represents the cost of one bank transfer only.

Stamp Duty Land Tax Calculation – this depends on the purchase price of your property.  You can calculate the amount you will need to pay by using https://www.tax.service.gov.uk/calculate-stamp-duty-land-tax/#/intro

Land Registry Fees - AP1, these are the fees for a standard conveyancing transaction where we are able to upload the application via the Land Registry’s online portal. The Land Registry may however charge a higher fee for certain types of application. We will be able to clarify if this may be applicable once we have further specific information about the Property.

Unregistered land - most houses are now registered at the Land Registry, however, if a property is unregistered additional work will be involved which may incur a further charge.

The fees quoted in the tables assume that the matter is straight forward and that no unforeseen matters arise that may increase the cost we charge for the service, including but not limited to:

  • the legal title is discovered to be defective or part of the property is unregistered
  • you require completion earlier than 14 days from exchange.
  • the transaction is concluded in a timely manner and no unforeseen complication arise
  • all parties to the transaction are co-operative 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.

Should there be a need to increase the fees charged, we will alert you to the issues involved and discuss them with you as soon as is practicable.

How long will your purchase take?

How long it will take for your purchase to be finalised, so you can move in to your house will depend on a number of factors. On average, for a straight forward matter, we would expect the purchase process to take between 4 to 8 weeks, from the date that we receive the draft paperwork from the seller’s solicitor. It can be quicker or slower, depending on the parties in the chain.

 

Sale of a Freehold residential property

Referral Fee (if any)

If applicable Judge & Priestley will pay the fee of up to £250.00 for a referral made by an approved third party. 

Important Information ****

Our legal fee quoted above is for us to carry out the legal work for your Sale.  The additional costs detailed above however are those we have to pay to other organisations and are essential to the conveyancing process.  These additional costs are estimates and may vary depending on the location of your property.  We handle the payment of these disbursements on your behalf to ensure a smoother process

Bank Transfer Fee – this represents the cost of one bank transfer only.

Unregistered land - most houses are now registered at the Land Registry, however, if a property is unregistered additional work will be involved which may incur a further charge.

The fees quoted in the tables assume that the matter is straight forward and that no unforeseen matters arise that may increase the cost we charge for the service, including but not limited to:

  • the legal title is discovered to be defective or part of the property is unregistered
  • you require completion earlier than 14 days from exchange.
  • the transaction is concluded in a timely manner and no unforeseen complication arise
  • all parties to the transaction are co-operative 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.

Should there be a need to increase the fees charged, we will alert you to the issues involved and discuss them with you as soon as is practicable.

How long will your sale take?

How long it will take for your sale to be finalised will depend on a number of factors. On average, for a straight forward matter, we would expect the sale process to take between 8 to 12 weeks, from the date that we receive all the completed property forms from you, the client. It can be quicker or slower, depending on the parties in the chain.

Who will carry out this work for you?

Any conveyancing work conducted on your behalf, will be carried out by suitably qualified legal staff from our respected and specialist Residential Property team. The team is led by partner Madelaine Henwood. To view profiles of the partners, solicitors and other legally qualified individuals in the team, please click here.