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Property value | Fee - Sale / freehold excluding VAT | Fee - Sale / leasehold excluding VAT | Fee - Purchase / freehold excluding VAT | Fee - Purchase / freehold excluding VAT |
---|---|---|---|---|
Less than £200,000 | 650 | 800 | 750 | 900 |
£201,000-£350,000 | 700 | 850 | 800 | 950 |
£351,000-£500,000 | 750 | 850 | 950 | 1000 |
£501,000- £750,000 | 800 | 850 | 900 | 1050 |
£751,000-£1million | 900 | 1050 | 1000 | 1150 |
Over £1million | 1100 | 1250 | 1200 | 1300 |
So the fee for your purchase is dependent upon the value of your Property plus the disbursements outlined above.
Property value | Fee - Sale / freehold excluding VAT | Fee - Sale / leasehold excluding VAT | Fee - Purchase / freehold excluding VAT | Fee - Purchase / freehold excluding VAT |
---|---|---|---|---|
Less than £200,000 | 650 | 800 | 750 | 900 |
£201,000-£350,000 | 700 | 850 | 800 | 950 |
£351,000-£500,000 | 750 | 850 | 950 | 1000 |
£501,000- £750,000 | 800 | 850 | 900 | 1050 |
£751,000-£1million | 900 | 1050 | 1000 | 1150 |
Over £1million | 1100 | 1250 | 1200 | 1300 |
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. The average process takes between 4-6 weeks.
It can be quicker or slower, depending on the parties in the chain. For example, if you are a first time buyer, purchasing a new build property with a mortgage in principle, it could take 4 weeks. However, if you are buying a leasehold property that requires an extension of the lease, this can take significantly longer, between 6 and 3 months. In such, a situation additional charges would apply.
This depends on the purchase price of your property. You can calculate the amount you will need to pay by using HMRC’s website or if the property is located in Wales by using the Welsh Revenue Authority’s website.
The precise stages involved in the purchase of a residential leasehold property vary according to the circumstances. However, below we have suggested some key stages that you may wish to include:
Be clear about interpreters’ fees. These are difficult to estimate, can rack up and are a significant proportion of the overall cost to consumers. This means even “fixed fees” may not always be particularly fixed.
We suggest that you provide a clear range of interpreters’ costs. Sometimes a client may only need a couple of hours with an interpreter, other applications may need 10 or 15 hours.
We also suggest that you make it clear that the number of hours needed will vary on the complexities of the case, and list typical indicators that a case will take a higher number of hours.
Often clients will bring a friend or another community figure to come and help interpret. Firms should make it clear that clients do not always have to use an interpreter of the firm’s choosing.
We cannot guarantee how long the Home Office will take to process your application. Read the current processing times.
We will normally be able to submit this type of application within 4 weeks of you instructing us, but we will let you know at the earliest opportunity if it is likely to take longer than this.
Please note the anticipated number of hours and fees are an estimate based on the facts above. All applications are likely to vary and of course, we can give you a more accurate estimate once we have more information about your specific case.
Debt value | Court fee | Our fee (incl. VAT) | Total |
---|---|---|---|
Up to £5,000 | £205 | £1200 | £1405 |
£5,001 - £10,000 | £455 | £2400 | £2855 |
£10,001 - £50,000 | 5% value of the claim £500.05-£2,500.00 | £3600 | £4100.05-£6100.00 |
The Legal Ombudsman can help you if we are unable to resolve your complaint ourselves. They will look at your complaint independently and it will not affect how we handle your case.
Before accepting a complaint for investigation, the Legal Ombudsman will check that you have tried to resolve your complaint with us first. If you have, then you must take your complaint to the Legal Ombudsman: