Conveyancing Prices | Bradford, Yorkshire

walker@rhodeswalker.co.uk

PRICES

Sale and purchase of residential property

Rhodes & Walker fees cover all of the work required to complete the purchase of your new home, including dealing with registration at the Land Registry and dealing with payment of Stamp Duty Land Tax if the property is in England, or Land Transaction Tax if the property you purchase is in Wales.

Sale Bracket	Legal Fee to Client
Up to £250k	£550
Up to £500k	£600
£500k+	£750

Purchase Bracket	Legal Fee to Client
Up to £250k	£575
Up to £500k	£650
£500k+	£750

Remortgage	Legal Fee to Client
Flat fee of	£400

Transfer of Equity	Legal Fee to Client
No mortgage Involved	£400

Transfer & Remortgage	Legal Fee to Client
Flat fee of	£700

There are certain types of residential property transactions that require additional time and work in order for the process to move as smoothly as possible. Here we have listed our additional charges for these instances. Again, these fees exclude VAT.

** For properties priced at over £1,000,000 a fee of 0.15% will be applied, to both sale and purchase transactions **

Leasehold Property	£400
If the property is unregistered at HM Land Registry	£200
Same day bank transfer fee (purchase price, mortgage redemption)	£40
Mortgage instruction (charge will depend on nature of lender and complexity of instructions)	£125
File storage fee	£40
If you are receiving gifted funds in order to purchase a property	£100

DISBURSEMENTS

With every transaction there are disbursements which are payments to third parties required in relation to your matter. The most common disbursements are listed below.

Disbursements on sale transactions	Cost
Land Registry office copies (Freehold)	£6-£15
Land Registry office copies (Leasehold)	£15-£30
Identity checks per person	£12.15

Disbursements on purchase transactions	Cost
Searches	We do offer search product where an agent is paid to undertake the searches with the authority themselves. Our current provider has a standard pack charge of £186.50 (at the Leeds office)
Land Registry fee	This is dependent on the purchase price of your property. This fee is set by HM Land Registry and their charges are as follows:
	0-80,000 - £20
	80,0001 - 100,000 - £40
	100,001 - 200,000 - £100
	200,001 - 500,000 - £150
	500,001 - 1,000,000 - £295
	1,000,001 and over - £500
	Please note that if you are purchasing unregistered land or part of an existing title (a Transfer of Part) The Land Registry fee increases. We would make you aware of this as soon as this becomes apparent. Most new-build transactions are a Transfer of Part application.
Land Registry bankruptcy searches	£2.90
Land Registry Priority search	£3.90
Identity checks per person	£12.15 + VAT per person

Call us on 0113 322 5333 or 01274 452 104

Rhodes & Walker can help with your conveyancing. Book your appointment today.

STAMP DUTY LAND TAX

This depends on the purchase price of your property and your circumstances. You can calculate the amount you will need to pay by using HMRC’s website here https://www.gov.uk/stamp-duty-land-tax

THIRD PARTY CHARGES

There are in some cases additional costs that need to be paid to third parties that we cannot always quote for at the outset of a transaction. We will of course make you aware as soon as these costs arise. These are most commonly found in leasehold transactions, but can sometimes appear in freehold purchases of properties on estates with ‘managed areas.’

These additional costs are most commonly paid to a landlord, management company, managing agent or their solicitor on completion. There are four main separate charges that can be levied and these are detailed below. Again this excludes VAT.

Notice of assignment/purchase	£35-£150
Notice of Charge	£35-£150
Deed of Covenant fee	£75-£250
Land Registry compliance certificate	£75-£250

As you can see above, these fees vary depending on who they are payable to. The range could be even greater, the above fees are the average costs we have come across.

ADDITIONAL SERVICES OR FACTORS

If you instruct us via a referral agent that may increase overall costs. The referral agent will provide you with a detailed quote which you may decide whether or not to accept.

If unforeseen issues arise there may be additional charges but we will tell you about these in advance and agree them with you before costs are incurred.