House prices ‘rebounded in April’
Following a report by one of the UK’s biggest mortgage lenders, Halifax, house prices have picked up in April following a fall ...
Read moreIncluding dealing with registration at the Land Registry and dealing with the payment of Stamp Duty Land Tax (Stamp Duty) if the property is in England, or Land Transaction Tax (Land Tax) if the property you wish to buy is in Wales.
The information is based on a number of assumptions and in particular the fee assumes that:
From | To | Freehold | Leasehold |
£0 | £200,000 | £775 (+£155) | £995 (+£199) |
£200,000 | £300,000 | £845 (+£169) | £1,095 (+£219) |
£300,000 | £400,000 | £895 (+£179) | £1,145 (+£229) |
£400,000 | £500,000 | £995 (+£199) | £1,245 (+£249) |
£500,000 | £600,000 | £1,200 (+240) | £1,450 (+£290) |
£600,000 | £750,000 | £1,350 (+£270) | £1,600 (+£320) |
£750,000 | £1,000,000 | £1,500 (+£300) | £1,750 (+£350) |
£1,000,000 | plus | refer | refer |
Plus disbursements
SDLT forms | £30 (+£6) |
Each additional Management Company involved for Leaseholds | £50 (+£10) |
Declaration of Trust | £150 (+£30) |
Statutory Declaration & Indemnity insurance (ie lack of easement) | £150 (+£30) |
Help to Buy ISA (per ISA) | £50 (+£10) |
Help to Buy Scheme (Government Scheme) | £250 (+£50) |
Shared Ownership | £250 (+£50) |
New build properties | £250 (+£50) |
Transfer of Equity (no mortgage) | £350 (+£70) |
Transfer of Equity (with mortgage) | £575 (+£115) |
Mortgage / Remortgage (properties up to £500k) | £550 (+£110) |
(properties over £500k) | £750 (+£150) |
Equity Release | £750 (+£150) |
There may be circumstances when other costs may be incurred due to particular circumstances of your particular transaction, but we will advise you if this becomes the case and will tell you about any additional costs when they arise.
Printable PDFTimings and Stages
How long it will take from your offer being accepted until you can move in to your house will depend on a number of factors. On average the process takes about 6-12 weeks.
It can be quicker or slower, depending on the parties in the chain. For example, if you are purchasing property with a mortgage and also selling without a chain it could take 16 weeks.
Purchase of a leasehold property could take longer as it is necessary to check both the leasehold and freehold titles and management company information.
Stages of the process
The precise stages involved in the purchase of a residential property vary according to the circumstances but will typically include:
What happens if the transaction does not complete:
Abortive Costs Stage – % of our charge
Anticipated Leasehold Purchase
Karen is a Conveyancer in our Residential Property team
Kathryn is a Legal Secretary in our Property team in Plymouth
Margaret is a Conveyancer in our Residential Property Team
Amy is a Conveyancer in our Residential Property team
Lydia is a Legal Secretary in our Residential Property team in Torquay
Christine is a Solicitor in our Residential Property team
Cameron is a Partner and Head of our Property team in Exeter
Rebecca is a Trainee Licenced Conveyancer in our Residential Property team in Exeter
Judy is a Chartered Legal Executive in our Residential Property team in Torquay
Lucy is a Legal Secretary in our Residential Property team in Exeter
Sophie is a Trainee Chartered Legal Executive in our Residential team
Abby is a Legal Assistant in our Residential Property team in Exeter
Katy is a Legal Secretary in our Residential Property team in Torquay
Samantha is a Legal Secretary in our Residential Property team in Plymouth
Alana is a Legal Assistant in our Residential Property team in Torquay
Following a report by one of the UK’s biggest mortgage lenders, Halifax, house prices have picked up in April following a fall ...
Read more