How much does conveyancing cost?

  • Posted

Rachael Kennett

Residential Conveyancer

 

Legal Fees

Our fees reflect the high level of expertise and personalised service we offer.  We invest in the best resources and practices to ensure that you receive exceptional results.  While we understand that cost is an important consideration, we are confident that the value you will receive from our services will significantly outweigh the investments.  Your satisfaction is our top priority.  You can find a general guid for our legal fees on our website chubb-bulleid.co.uk.  

Below we have outlined the anticipated disbursements for a standard purchase transaction.

ID Fee

Thirdfort

Sale and purchases allow large amounts of money to be transferred in a single transaction.  This makes conveyancing an attractive option for money launderers and fraudsters. 

It is therefore necessary to treat all conveyancing transactions as a high-risk activity.  As such we must undertake due diligence and ongoing monitoring. 

We use Thirdfort to make things more secure for you.  It verifies your identity and, where necessary, checks where your money has come from.  Verifying your identity with Thirdfort is quick, secure and easier for you.  All done within the Thirdfort App. 

The costs of undertaking this search is £25.00 plus VAT.

Searches

Conveyancing searches are essential to ensure that all legal aspects of the property transaction are thoroughly checked before the purchase or sale is completed.  These searches provide vital information about the property and the surrounding area, helping to identify potential risks and issues. 

We work with leading search providers who ensure that the data we receive is reliable and accurate.  These providers are regulated, and they use the latest technology to gather data directly from local authorities, government agencies, and trusted commercial databases.  The search pack is approximately £450.00 (£500.00 for London properties) but varies depending on the property.

Stamp Duty

The government has announced an increase in stamp duty rates, which may impact your property transaction moving forward.  The updated rates will apply to purchases made on or after 1 April 2025.

This means if you are considering buying or selling property in the near future, it’s important to be aware of these changes and how they could affect your costs. 

The government stamp duty calculator gives an indication of how stamp duty liability is changing in England. 

As part of our services, we are unable to provide specific advice on stamp duty matters.  For detailed and accurate guidance tailored to your situation, we recommend consulting a qualified tax professional or legal advisor who specialises in stamp duty. 

 

Land Registry

The charges for registering documents with the Land Registry can vary depending on the type of transaction and value of the property.  Ranging from £20.00 to £455.00.

Title Deeds of Plan Copies: if you require copies of the title deeds or plan of the property from the Land Registry there is a charge of £7.00 per document. 

Bank Charges

We have put in place procedures to ensure we protect client money as per The Solicitors Regulatory Authority’s Accounts Rules 2019.  Our accounts team have responsibility of ensuring that all transactions are compliant with the Solicitors Accounts Rules.  We ensure that all client money is safe guarded, and our internal procedures are adhered to when paying out client money. 

The following charges are attached to bank transfers:

  1. CHAPS/TT (same day transfer) – £36.00 including VAT
  2. BACS (3 working days from the date sent) – £36.00 including VAT

Please note the fees set out above are subject to change.  We will ensure that you are fully informed of any adjustments throughout the process. 

If you have any questions or would like further clarification regarding the charges, please contact our conveyancing department for a bespoke Fee Estimate.