The fees and processes below cover all of the work required that may be required to complete the sale of your residential property.
Assumed Purchase Price: £200,175
Conveyancer’s fees and disbursements
- Legal fees are usually between £520 - £1250 | Average £700
- Electronic money transfer fee: £0.00
- VAT payable fee ranges between £110 - £300 | Average £160
Estimated total: £846
Referral fee (if any)
- Amount of referral fee paid: Where we pay a referral fee, it is no more than £100 and we will disclose this at the time of taking your instructions.
- The recipient of the referral fee will only ever be your estate agent
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.
Our experience is that 10% of all properties sold as Freehold have a Management Company maintaining the grounds. This cost could be between £100-£500.
Estimated Sub Total: £300
How long will my house sake take?
How long it will take from your offer being accepted until you can move into your house will depend on a number of factors. The average process takes between 6–12 weeks.
It can be quicker or slower, depending on the parties in the chain. For example, if you are a first-time buyer purchasing a new build property with a mortgage in principle, it could take 4-6 weeks.
Stages of the process
The key stages of the process include:
- Take your initial instructions and provide initial advice;
- Send you our letter of engagement and confirmation of instructions with Property Information Forms and Fixtures and Fittings and Contents form;
- Obtain a copy of the title to the property and prepare a Contract.
- Send the draft Contract, copy title documents, Property Information Forms and Fixtures, Fittings and Contents form to the Buyer's Solicitors.
- Deal with enquiries the Buyers solicitors raise liaising with you as necessary;
- Agree the terms of the Contract;
- Send the Contract to you to sign;
- Prepare completion statement giving details of payments due to any existing mortgage lender, agent, legal fees etc;
- Exchange contracts and notify you that this has happened;
- Complete sale;
- Deal with redemption of any mortgage;
- Deal with payment to estate agent for marketing fees;
- Account to you with the sale proceeds;
- Send Transfer Deed and any other documentation necessary to Buyers solicitors;