*We will agree a bespoke quote with you for completing your sale and purchase.
Land Registry Fee – dependant on purchase price
Stamp Duty Land Tax – dependent on various factors
Sale work will consist of the following:
Purchase work will consist of the following:
We will not be carrying out any enquires into the past use of the property and will assume that you will be using it for residential purposes. The local search will not reveal planning applications in the vicinity of the property and if you require more information about this we would recommend that you look on the local Council’s website. We will not be dealing with the transfer of any guarantees and you will need to take appropriate meter readings and notify the utility companies accordingly. We would also recommend that you have your own survey carried out as you buy the property subject to the phrase “the buyer beware”.
We also suggest that you ensure you can arrange suitable buildings insurance before we exchange contracts and start insurance cover as soon as we have confirmed to you contracts have been exchanged.
Fees have been calculated on the basis that:
If it becomes apparent that there are unforeseen circumstances in connection with the sale and purchase we may have to increase our charges, but if that is the case, we shall inform you before we incur any additional costs. If you are buying a leasehold property we may have to give formal notice to the freeholder that you are the new legal owner and there may be fees charged by the freeholder.
If you are selling a leasehold property we may have to obtain management information from the managing agents or freeholder. They may make a charge for providing this information which you will need to pay for. The fees payable for the transmission of your SDLT return do not include any subsequent correspondence with HMRC except in circumstances where an issue has been caused by us. If we find that any other additional expenses need to be incurred after we have considered the contract, searches and title documents, we shall let you know the reason for the extra expense, the likely amount, and when we shall need payment. If for any reason, we have to abort the transaction related to the sale or purchase of your property, we will break the transaction down into stages and advise what percentage of the estimated fee will be charged.
We have set out below the fees we charge for a straightforward application to obtain a Grant of Probate, Grant of Letters of Administration with Will Annexed or Grant of Letters of Administration:
*The Probate Registry fee is currently under review by the Government
These costs are based on the time taken to prepare the application forms. Should the application be unusual in nature or in time required to make it we will advise you in advance of how much additional work is envisaged and what the additional costs would be.
These costs do not include any charges for the administration of a deceased’s estate.
The Administration of a deceased’s estate would be charged at an hourly rate. This would involve all the elements of winding up and distributing a deceased estate. It would not include any costs incurred for the sale of particular assets (i.e selling a house or a stockbroker’s commission selling shares). A lot depends on the complexity of the estate and the number of beneficiaries.
Recent costs have ranged from £1,850 plus VAT to £7,900 plus VAT.
A solicitor’s charges must be fair and reasonable having regards to all the circumstances of the matter with which they are dealing. The Law Society prescribes what fees are reasonable for dealing with the administration of an estate and allows solicitors to charge a ‘value element’ on top of their hourly charge to reflect the particular level of risk and responsibility involved in the work being undertaken – and in particular the complexity of it, the skill and specialised knowledge involved in it, the number and importance of documents to be considered. The maximum percentage element chargeable is 1.5% of the value of the estate. It is unusual for us to charge a value element and on the occasions where we do, we agree that with our client
The costs of locating beneficiaries (Genealogist’s fees) would be extra and would depend on the amount of research undertaken.
(i.e. Mr & Mrs)
(i.e. Mr & Mrs)