Sale of residential freehold property

Our property lawyers will guide you through every stage of your transaction, advising you in respect of the legal issues facing you when you purchase your property.

We deal with residential property of varying sizes and complexities ranging from flats to holiday homes to large country houses with agricultural land and forestry.

You will receive our friendly and personal service, with back-up as required from the rest of our property team to ensure that your matter is dealt with promptly and efficiently.

We take pride in being the first law firm in Buckinghamshire and one of the first law firms in England to be accepted as members of the Law Society Conveyancing Quality Scheme (CQS). This accolade shows that we maintain the highest standards of residential conveyancing.

Fees

Our fees are based on hourly rates which are dependent on the experience and seniority of the fee earner dealing with your work. These are set out below:

Solicitor – £220 plus VAT

Partner – £320 plus VAT

Fee Earners

The members of our property team are:

Our fee earners may be assisted from time to time by paralegals and trainee solicitors. Our supervision policy ensures that all work is appropriately supervised in accordance with the SRA code conduct.

On average, the sale of a freehold residential property (without a mortgage) involves between 5 to 7 hours’ work at the relevant fee earner’s hourly rate. If there is a mortgage registered against the property, between 1 to 2 hours’ work may be required to discharge the mortgage on completion. Of course, each transaction is unique and varies in complexity and costs can increase depending on whether a matter becomes protracted.

We have provided an example below of the likely costs involved in the sale of a property for £750,000 (with no mortgage). The example is for illustration purposes only. Please contact one of our fee earners to obtain an estimate specific to your transaction.

Our legal charges :-

Approx. £1,100 to £2,240 plus VAT depending on the fee earner handling your transaction.

Likely disbursements:-

  • Land Registry official copies – approx. £15.00.

The above costs are reflective of the following work being carried out on your behalf:

  • Taking detailed instructions from you.
  • Downloading title documentation from the Land Registry; drafting the contract; obtaining copies of planning documents from the Local Authority and any other documents which are required to produce the contract package.
  • Assisting you in completing the standard Protocol forms - Property Information Form and Fittings and Contents Form. 
  • Dealing with enquiries raised by the buyer’s lawyers and liaising with you to provide solutions to any issues encountered.
  • Reviewing and negotiating the provisions of the transfer deed.
  • Advising and reporting to you on the terms of the contract and transfer deed.
  • Dealing with exchange and completion.

The above estimate is based on the following assumptions:

  • The transaction is straightforward, and no substantial legal issues arise during our investigations.
  • The property is registered at the Land Registry and the transfer relates to the whole of a single registered title.
  • The contract is unconditional and involves only one buyer and one seller.
  • The property is sold with vacant possession.
  • Completion takes place on the completion date and there are no breaches of the terms of the contract.
  • There are no delays which are outside this firm’s control.

We provide our clients with regular (usually weekly) updates on costs on a free of charge basis and if an issue arises during a transaction which was not anticipated when the original fee estimate was given, we will provide a revised estimate.

Time scale

A conveyancing transaction usually takes between 6 – 10 weeks to complete, subject to the length of any chain involved.