A friendly, approachable and professional law firm

Property and Conveyancing


young couple buying their first house

Click here for a fast no obligation Conveyancing Quote on your purchase and/or sale. 

Our services include Buying & selling property, conveyancing, re-mortgages, transferring property, leasehold enfranchisement, and setting-up flat management companies.

Moving house? Buying to let? Re-mortgaging? Releasing equity? Leasing a property? Should you buy your freehold?

Buying a property is likely to be the most expensive purchase you will ever make so you need to make sure that you are properly represented by a firm whom you can trust and meet face to face. It can cost thousands of pounds to rectify defective titles and therefore our advice is to steer clear of the cheapest quotes as this can jeopardise property moves and cause untold stress.

We understand that buyers shop around for the cheapest conveyancing quote. If you are doing so, please make sure that you are comparing like with like. We often find that other firms provide prospective clients with a ‘headline’ quote that does not include a number of additional costs or does not clearly include VAT. Pearcelegal is completely open about our costs from the outset and therefore you are able to budget without any nasty shocks later. Occasionally, problems can arise and if any additional expense is likely, we will advise you as soon as possible.

To give you an idea of potential costs associated with a Sale or Purchase, please see our guide below:

 

SALE                                                                                                     FEE (Inclusive of VAT)

Up to £150,000.00                                                                              £894.00

Up to £250,000.00                                                                              £954.00

Up to £350,000.00                                                                              £1,014.00

Up to £500,000.00                                                                              £1,074.00

Up to £1,000,000.00                                                                           £1,440.00

Over £1,000,000                                                                               by negotiation

 

 

PURCHASE                                                                                       FEE (Inclusive of VAT)

Up to £150,000.00                                                                              £954.00

Up to £250,000.00                                                                              £1,014.00

Up to £350,000.00                                                                              £1,074.00

Up to £500,000.00                                                                              £1,110.00

Up to £1,000,000.00                                                                           £1,500.00

Over £1,000,000                                                                              by negotiation

In addition to the above fees, there will be a number of searches required which will depend on the location and type of property being purchased.  These searches will usually cost in the region of £300-£400.  We will discuss the search requirements with you when preparing a tailored quotation.

In addition to above there will be extra costs for:

(All Costs are inclusive of VAT)

Mortgage Redemption Fee     (per mortgage)                                    £90.00

New Mortgage Fee                                                                                      £114.00

Stamp Duty Land Tax Return Fee                                                           £90.00

Telegraphic Transfer Fee                                                                          £42.00

Leasehold Supplement                                                                             £150.00

New Build                                                                                            £150.00 – £220.00

Help To Buy ISA                                                                                        £90.00

Help To Buy Scheme                                                                               £180.00

 

Stamp Duty  varies depending on the value of the property and the status of the purchasers.  Information regarding Stamp Duty calculations can be found on the Government website here: Stamp Duty Calculator.  We will provide you with details of any Stamp Duty payable when you request a tailored quote from us.

The time taken to complete a sale or purchase transaction will depend on a number of factors including the number of properties in the sale and purchase chain, any specific issues or requirements for additional reports, the funding arrangements and the other professionals acting in the chain of transactions.  For a straight forward cash purchase with no chain, completion could take place within 6 weeks.  For more complex transactions in a lengthy chain of property transactions, completion could take up to 6- 12 weeks.  

Your transaction will be undertaken by one of our experienced Conveyancers:

Elaine Cox (45 years experience in Residential Conveyancing) – £195 + VAT per hour*

Alison Bates (33 years experience in Residential Conveyancing) – £195 + VAT per hour*

Support Staff – £130 + VAT per hour*

*Work will be undertaken on an agreed fixed fee basis.  Hourly rates will only be charged in exceptional circumstances for complex matters where a fixed fee cannot be provided.

Our team will be happy to handle the conveyancing of your residential property sales and purchases, please give us a call on 0121 270 2706 or use our On-Line Conveyancing Quote form so that we can provide you with a more accurate, tailored quote.