Residential Conveyancing Fee Structure For Selling A Property

Our fees cover all of the work required to complete a sale of your home including drafting the contract, dealing with enquiries, redeeming a mortgage, dealing with estate agents.

How long will my house sale take?

How long it will take from you accepting an offer until the sale completes will depend on a number of factors. The average process takes between 8 – 10 weeks.

It can be quicker or slower, depending on the parties in the chain. For example, if you are selling to a first-time buyer with a mortgage in principle then it could take 8 weeks. However, if the person buying your property also has a property to sell and there are numerous parties below them all with properties to sell, this can take significantly longer, between 12 – 16 weeks. The chain will only move as quick as the slowest person in it.

Stages of the process

The precise stages involved in the sale of a residential property vary according to the circumstances. However, below we have listed the key stages:-

  • Take your instructions and give you initial advice
  • Send out our client care pack to you with initial protocol forms for you to complete and return.
  • Obtain title information documents from the land registry.
  • Prepare and submit contracts to the buyer’s solicitors.
  • Deal with any enquiries raised by the buyer’s solicitors .
  • Discuss with you any enquiries raised and obtain further documentation from you should this be required, such as planning documents, ground rent information, service charge information and management packs if you are selling an apartment or a property on an estate where there is a management company.
  • Obtain a redemption figure from your current lender.
  • Send final contract out to you for signature.
  • Agree a completion date.
  • Exchange contracts and notify you this has happened.
  • Prepare an invoice and completion statement.
  • Receive monies on the day of completion, discharge any mortgage and pay any estate agents fees on your behalf.

Estimated Costs

We have prepared a table (see below) of the estimated costs of a sale of both leasehold and freehold property, there are additional fees for selling an apartment and you will also have to pay for a management pack. The cost of this varies between management companies and you would have to enquire of your management company to ascertain this fee.

Disbursements

Disbursements are costs related to your matter that are payable to third parties, such as Land Registry fees. We handle the payment of the disbursement on your behalf to ensure a smoother process. The disbursements quoted are on the basis that only one will be required, if more than one document needs to be obtained from the land registry these will incur additional costs.

Our fee assumes that:

  1. This is a standard transaction and that no unforeseen matters arise including for example (but not limited to) a defect in title which requires remedying prior to completion or the preparation of additional documents ancillary to the main transaction.
  2. There is only one mortgage to redeem.
  3. The transaction is concluded in a timely manner and no unforeseen complications arise
  4. All parties to the transaction are co-operative and there is no unreasonable delay from third parties providing documentation
  5. No indemnity policies are required. Additional disbursements will apply if indemnity policies are required.
  6. You do not require assistance in a different language (for example, Polish or Russian).
  7. There may be additional charges depending on the locality of the property you are selling.

For properties priced at £1,000,000.00 or more we charge at a charging rate of £150-180 plus VAT (depending on the fee earner handling your case) plus disbursements.

 

Sale price £0 – £200,000.00
Fees £695.00
VAT £139.00
TT £36.00
OCE £6.00
ID search £2.53 per person
Total £878.53
Additional fee for apartment £150.00
Vat £30.00
Total £1058.53

 

Sale Price £200,001.00- £300,000.00
Fees £750.00
VAT £150.00
TT £36.00
OCE £ 6.00
ID search £2.53 per person
Total £944.53
Additional fee for apartment £150.00
Vat £30.00
Total £1124.53

 

Sale price £300,001.00- £500,000.00
Fees £795.00
VAT £159.00
TT £36.00
OCE £ 6.00
ID search £2.53 per person
Total £998.53
Additional fee for apartment £150.00
Vat £30.00
Total £1178.53

 

Sale Price £500,001.00- £750,000.00
Fees £950.00
VAT £190.00
TT £36.00
OCE £6.00
ID search £2.53 per person
Total £1184.53
Additional fee for apartment £150.00
Vat £30.00
Total £1364.53

 

Sale Price £750,001.00- £999,999.00
Fees £1050.00
VAT £210.00
TT £36.00
OCE £6.00
ID search £2.53 per person
Total £1304.53
Additional fee for apartment £150.00
Vat £30.00
Total £1484.53

Meet our Conveyancing Team

Testimonials

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Extremely helpful and considerate. Very attentive . Nothing was too much trouble from the first phone call to receiving a hard copy of the will. Couldn’t have asked for more. I would not hesitate in recommending you to friends and family. A fantastic service all round. Thank you Michaela.

Mr M

I would like to thank you (Paul Fitton) for your most professional guidance and advice, I appreciate the effort and time you devoted to my issues on this subject.

Mr S

Mr Nattrass is always understanding and helpful and takes time to listen and explain. It is always a pleasure to deal with him. Also, your reception staff are lovely and welcoming.

Mrs J

The service we received from Helen Green was fantastic, nothing was too much trouble. We would recommend Helen without question.

Mr J

The service provided was excellent. Many thank to John Nattrass for all his input and execution of our wills.

Mrs H

I would like to commend Michaela for her warmth, compassion and professionalism. It was because of her superb persona that I am using McHale & Co. Thank you very much Michaela!

Miss J

We are grateful for your work on our behalf. You ensured that the necessary process was done smoothly and efficiently and you have been a pleasure to deal with.

Mr G.

Excellent service and prompt replies to everything that we wanted. Very professional in these unusual times.

Mrs. S.

Very happy with McHale & Co dealing with my Mother’s Deed of Probate and sale of her house, very helpful during a difficult time.

Ms. C Jones

Outstanding service. A breath of fresh air!

Ms. M

I would like to thank McHale & Co Solicitors for their excellent work.
The support Helen provided me with was above and beyond, it was her professionalism and her personal and effective responses which made such a difficult time for me a lot more bearable.
I would have no hesitation in using McHale & Co again and will certainly recommend them to family, friends and colleagues.

Mrs B

On behalf of us both, I’d like to thank you Phillippa, for the support and guidance you have given us throughout this process, your service has been second to none.

Again, thank you so much.

Mr & Mrs M

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