Gloucester Conveyancing Fees
An indication of our charges is set out below:-
| Price | Sale | Purchase |
|---|---|---|
| Up to £125k | £775 plus VAT | £825 plus VAT |
| £125 to £250k | £825 plus VAT | £925 plus VAT |
| £250 to £350k | £925 plus VAT | £1,025 plus VAT |
| £350 to £400k | £975 plus VAT | £1,075 plus VAT |
| £400k to £500k | £1,075 plus VAT | £1,175 plus VAT |
| Over £500k | Please call to discuss | Please call to discuss |
Standard additions
| Leasehold sale | + £200 plus VAT |
| Leasehold purchase / shared ownership | + £200 plus VAT |
| New build | + £200 plus VAT |
| Help to Buy | + £200 plus VAT |
| Unregistered title sale | + £200 plus VAT |
| Unregistered title purchase | + £225 plus VAT |
| Trust Deeds | + £250 plus VAT |
Other transactions
| Transfer of Equity / Remortgage | £550 plus VAT |
| Voluntary First Registration of Title | £550 plus VAT |
Auction purchases
| Review auction pack and investigate title | £550 plus VAT |
| Conveyancing fee if purchase proceeds | £450 plus VAT |
Non-standard / Additional work
Depending on the complexity of matter or documentation, additional fees may apply at the fee earner’s hourly rate on all types of transaction, at the following rates:
| Name and Position | Qualification Year | Hourly Rate |
|---|---|---|
| Andrew Murfin, Solicitor | 1980 | £245 per hour plus VAT |
| Ann Davies, Conveyancing Executive | £170 per hour plus VAT |
Estimated Disbursements –
Purchase of Freehold Property
Standard Disbursements
| Standard searches (Local, Drainage and Environmental) | £200 approx inc VAT |
| Additional searches if required, eg - Flooding | £30 approx inc VAT |
| Land Charges search (to protect the buyer’s priority while registration formalities complete) | £3.00 |
| Land Registry fee (for recording the buyer and lender as the new owner depending on purchase price)formalities complete) | £135.00 approx |
| Bankruptcy search (for each party requiring mortgage finance) | £2.00 |
| Bankruptcy search (for each party requiring mortgage finance) Bank Telegraphic Transfer fee (to transfer funds to seller’s solicitors) | £14.40 inc VAT |
Stamp Duty and land registration fees
These are subject to change periodically, but current rates can be found using the web links below.
Stamp Duty rates
https://www.tax.service.gov.uk/calculate-stamp-duty-land-tax/#intro
Welsh LTT rates
https://lttcalculator.wra.gov.wales/
Land registration fees
https://www.gov.uk/guidance/hm-land-registry-registration-services-fees
First–time buyers and Stamp Duty
First-time buyers currently do not pay Stamp Duty on properties up to £300,000. For example, if the property is £450,000, you will pay no Stamp Duty on the first £300,000 and 5% on the remaining £150,000.
Non-standard disbursements
| Indemnity insurance policies | From £20.00 inc Insurance Premium Tax depending on nature of indemnity |
| Plan Search (planning consents in locality to property) | £24.00 |
| More than one mortgage offer | £100 plus VAT |
| More than one charge to redeem | £150 plus VAT |
Estimated Disbursements –
Sale of Freehold Property
Standard disbursements
| Land Registry fee (for updated copy of title deeds) | £6 |
| Bank Telegraphic Transfer fee (to redeem current mortgage or transfer balance of funds) | £14.40 inc VAT |