OUR LEGAL FEES:

At the outset we will give our best estimate of likely charges, government taxes and disbursements which will arise. Please note these can vary where complications arise. Should complications arise, we will notify you of any increase in fees and keep you informed throughout.

Please refer to the table below for a guide to our legal costs.  In addition to our legal costs, there are additional associated costs for which you are liable (most of which are listed in the tables below).  For example, if you are buying with the aid of a mortgage, provided that we are on the Lender’s Panel and they instruct us to act, we will charge an additional Legal Fee of£200.00 (exc. VAT)for acting for your mortgage provider. If we are not on the Lender’s Panel, or they do not instruct us to act, then they will usually appoint their own solicitors and you may be required to pay their fee

In addition to our costs, there are also disbursements for which you will be liable. Disbursements are costs related to your transaction that are payable to third parties such as Local Authority Searches, Land Registry fees and Telegraphic Transfer (TT) charges.
 
Transactions vary and not all disbursements will apply to all transactions.
 
Stamp Duty or Land Tax may be payable on property purchases. Any Stamp Duty or Land Tax you need to pay will need to be deposited with us before completion of the transaction and we will pay it on your behalf.

The amount of Stamp Duty or Land Tax payable depends on various factors, including the value of the property.  You can calculate the amount you will need to pay by using HMRC’s website or if the property is located in Wales by using the Welsh Revenue Authority website.

 
Below are details of our fees in relation to residential conveyancing and associated costs.

Our fees for property transactions are highly competitive with other high street law firms and are agreed at the outset to avoid any confusion. However, please note that this is not a conclusive list. Should your matter become overly complicated, we reserve the right to review costs and you will be informed accordingly.


FREEHOLD

SALE PRICE:LEGAL COSTS EXCLUSIVE OF VAT:
​>£500,000.00
£1000.00
£500,001.00-£700,000.00
£1150.00
£700,001.00-£1,000,000.00
£1300.00
£1,000,000.000+

Price quoted on application




LEASEHOLD

SALE PRICE:LEGAL COSTS EXCLUSIVE OF VAT:
​>£500,000.00
£1200.00
£500,001.00-£700,000.00
£1300.00
£700,001.00-£1,000,000.00
£1400.00
£1,000,000.000+

Price quoted on application




 RE-MORTGAGE TRANSACTIONS

LEGAL COSTS EXCLUSIVE OF VAT:            
FREEHOLD:        £700.00   
LEASEHOLD:        £900.00   


 


TRANSFER OF EQUITY

LEGAL COSTS EXCLUSIVE OF VAT:           
FREEHOLD:        £500.00   
LEASEHOLD:
     £650.00



Commercial Property transactions are quoted on application.

 

ACTING FOR LENDER:


In the event that Moreland & Co, act for your mortgage lender, there is an additional charge of £200.00 plus VAT. If we are not on the Lender’s Panel, or they do not instruct us to act, then they will usually appoint their own solicitors and you may be required to pay their fee

 
Please be advised the above prices are based on the following:

  • The matter proceeds in the usual way and we do not encounter any overly complicated issues.
  • The transaction does not involve the grant of a new lease/lease extension.
  • There is honest communication between us. 
  • There are no defects in the title or with the title documents.

 


DISBURSEMENTS:



SALES:COST OF DISBURSEMENT:
Land registry searches
From £6.00                              
Bank Transfer Fee (TT Fees)
£36.00 inclusive of VAT
General Disbursements
£45.00 exclusive of VAT
Management pack
£250.00 (estimate)
Anti-Money Laundering (AML) check
£6.00 per person




PURCHASES:COST OF DISBURSEMENT:
Stamp duty
Price dependant on Buyer’s              circumstances 
Land registration Fee
Dependant on purchase price
Land Registry searches
£2.00 - £7.00
Bank Transfer Fee (TT Fees)
£36.00 inclusive of VAT
General Disbursements
£50.00 exclusive of VAT
Search pack**
£300.00 inclusive of VAT
Freeholder registration fee                                               
£50.00 - £200.00 (estimate)



** A search pack contains numerous searches with enquiries that are submitted to various authorities which provide you with more information about the property that you plan to purchase.

Our bespoke search Pack includes:

  • Local Authority Search
  • Water and Drainage Search
  • Environmental Search
  • Chancel Repair Insurance
  • AML Search
  • Search Pledge


 
Our  Search Pack includes a  unique protection (a
Search Pledge) which means that, in the event that your purchase goes abortive,  our search provider will provide a free set of further searches  on your next transaction (subject to conditions).

 
For further information on any of our Residential Conveyancing services, or to make an appointment for an informal first discussion, please call Danny Dionissiou on +44 (0) 20 8364 3677. Alternatively, you can e-mail your enquiry to dnd@morelandlaw.co.uk.

Initial consultations are free of charge.

Residential Conveyancing Fees

Est. 2004

SOLICITORS

MORELAND & CO

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