Price Transparency – Residential Conveyancing
No property is exactly the same and Bartons is known for providing bespoke legal series which means that our fees will reflect the individual details of your sale or purchase so we cannot provide a fixed quote via this site so do recommend that you telephone us to discuss your matter. Please note that any estimate we give is a “guide to likely price” and will normally not be fixed estimate.
An average price for the purchase or sale of a freehold property is £1,200.00 + VAT + expenses *
An average price for the purchase or sale of a leasehold property is £1,500.00 + VAT + expenses *
An average price for the remortgage of a freehold property is £700.00 + VAT + expenses *
An average price for the remortgage of a leasehold property is £900.00 + VAT + expenses *
We charge an additional fee for dealing with new build properties and with part of registered or unregistered titles because of the additional work involved.
Expenses * (these are sometimes known as disbursements) There will be other costs on top of Bartons costs. These are fees and charges we will need to pay on your behalf as part of the process and some examples are as follows:-
- Search fees (purchase and remortgage): Search fees start from £300.00 and the final total depends on the local authority and the types of searches you ask us to undertake. We do not spend your money on additional searches unless we have your instructions to do so.
- Land Registry fees: Land Registry fees can be found here – http://landregistry.data.gov.uk/fees-calculator.html.
- Freeholder Information Packs (sale and remortgage): The amount of these costs is different for each property and start from £150.00 + VAT.
- Notice & Deeds Charges (purchase and remortgage): The amount of these costs is different for each property and start from £50.00 + VAT.
- Bank Charges: Our typical charge is £30.00 + VAT.
- Stamp Duty Land Tax (purchase only): Stamp Duty Land Tax rates can be found here – https://www.tax.service.gov.uk/calculate-stamp-duty-land-tax/#/intro.
We understand the stress involved in moving home. The work we will carry out will involve:-
- Checking that your financial arrangements are in place;
- Obtaining Land Registry entries and drafting a Contract for Sale (approximately 1 week);
- Completing incidental information re fixtures and fittings and other inclusions and exclusions (approximately 1 -2 weeks);
- Receiving contracts and other property information (approximately 1 week);
- Undertaking searches and enquiries on the property (immediately);
- Raising requisitions on title and other issues (approximately 2-3 weeks);
- Preparing for exchange and completion (approximately 1 week);
- Dealing with the payment of SDLT (approximately 1 week post completion);
- Dealing with Land Registry applications (approximately 1 week post completion);
- Liaison with your lenders throughout; and
- Overall control of the transaction, including liaison with estate agents, etc.
Obviously, our fees do not include any external costs and charges that we may incur as part of the process (e.g. estate agents commission, removal costs, environmental remediation costs etc). You will also be responsible for these items.
Matters to Consider:-
- WE DO NOT PAY REFERRAL FEES.
- Some of the top complaints in relation to conveyancing solicitors are:
- not being informed of what is happening on a matter;
- inadequate legal advice; and
- delay in progressing a matter. All of the lawyers at Bartons dealing with your matter are either qualified lawyers or are in the process of qualifying. Bartons prides itself on speed of delivery and keeping all parties informed at all times and adopting a proactive approach to resolving any issues.
- These fees assume that the transaction is ‘standard’ and has no unforeseen issues that may lengthen the process or increase costs. The types of unforeseen issues we have handled in the past are:-
- Land not being included in the legal title;
- Right of ways being blocked over/obstructed;
- Defective lease meaning that it was not clear which parts of the property were owned by the seller;
- Sellers unwittingly using land not owned by them resulting in an application for adverse possession;
- Incorrect Land Registry plans meaning that boundaries were incorrect and needed to be corrected before the matter could progress;
- Issues with planning or building regulations;
- Private water and drainage issues;
- Lease extensions as add on to purchase or sale (if there is a short lease term remaining, a mortgage lender will require an extension); and
- Adverse Environment search resulting in further investigations.
The list is not exhaustive by any means.
This estimate of our costs is just an average price based on recent instructions; the actual cost to you will depend on a number of factors which we will discuss with you if you decide to instruct us.
Our price may look high compared to some other providers, but we would ask you to consider the work involved, the implications of you or us missing something, the deadlines involved, the availability of our professional insurance cover and a number of other factors in the complex conveyancing process, before comparing us on price alone. Buying a house is the biggest financial transaction most of us will make. Getting it wrong can have significant consequences.
Our people involved in doing the work will include:-
Directors & Supervisors – Raymond Hayes, Nicola Edgcombe, Claire Reynolds and Roseanna McNally.
Associates & Supervisors – Kristy Giles and Peter Yanoutsos.
Other Lawyers & Conveyancers – Jonathan Day, Daniel Maskell, Karen Hakin, Rebecca Lacey and Anna Zdanowska.
Support staff – Christine George, Adele Rogers, Amy Elliott, Hannah Gomm, Emma Pascoe, Laura Williams, Emily Brown, Jane Tytheridge, Luisa Macchia and Ellie Jones.
|LAWYER||Percentage of their time spent on given areas||the experience and qualifications of those who supervise the individuals who will be carrying out the work|
|Raymond Hayes||60% residential (and 40% commercial property)||Qualified as a solicitor in 1985|
|Nicola Edgcombe||95% residential (and 5% commercial property)||Qualified as a solicitor in 2004|
|Claire Reynolds||95% residential (and 5% commercial property)||Qualified as a solicitor in 2009|
|Roseanna McNally||60% residential (and 40% commercial property)||Qualified as a FCILEx in 2017|
|Peter Yanoutsos||60% residential (and 40% commercial property)||Qualified as a solicitor in 2008|
|Kristy Giles||95% residential (and 5% commercial property)||Qualified as a Chartered Legal Executive in 2006|
|Jonathan Day||30% residential (and 70% commercial property)||Qualified as a solicitor in 1992|
|Anna Zdanowska||100% residential|
|Rebecca Lacey||50% residential (and 50% commercial property)|