Call us today on 01253 858231

Conveyancing

If you are buying or selling a property, we provide a quick, plain speaking service and can progress your purchase as quickly as you like. We do not employ teams of people who are difficult to get hold of.

A photo of the front of 2 homes

Your matter will be handled a designated person, supervised by a partner, who will be working as part of a small team. We have a quick turnaround time on transaction and offer competitive fees.

Our Service

We will (depending on whether we are acting for the buyer or seller):

  1. Comply fully with the Law Society’s Protocol for Conveyancing transactions;
  2. Prepare or consider all initial documents including the contract, property information form, fixtures and fittings forms, legal title and any other such documents required by the individual circumstances of the transactions;
  3. Prepare or consider enquiries and prepare or consider the responses;
  4. Consider the search reports on a purchase;
  5. Prepare a report on purchase properties;
  6. Assist with the execution of the contract and transfer as well as any other documents that are required;
  7. Exchange and complete the transaction;
  8. Comply with all post completion requirements;
  9. Submit a Stamp Duty Land Tax return upon completion.

How much will it cost? - Purchase

If you are purchasing a freehold property, our fees on a purchase are:

Purchase price Our fee VAT Total
£0-£125,000 £500.00 £100.00 £600.00
£125,001 - £250,000 £550.00 £110.00 £660.00
£250,001 - £500,000 £600.00 £120.00 £720.00
£500,001 - £1,000,000 £750.00 £150.00 £900.00
Over £1,000,000 £500.00 £100.00 £600.00

Each transaction will also incur the additional charges set out below:

Additional charge and explanation Our fee VAT Total
Bank transfer fee £25.00 £5.00 £30.00
Independent ID verification (per person) £5.00 £1.00 £6.00

We are currently on the panels of Lloyds Banking Group (Halifax, Birmingham Midshires and Lloyds) and Barclays. If you are purchasing a property with any of these lenders, we would be delighted to assist you, but cannot act where the mortgage is provided by any other lender.

Depending on the specific nature of your purchase, we may also charge you the following:

Charge Our fee VAT Total
Purchase of a leasehold house £100.00 £20.00 £120.00
Purchase of any other leasehold property £150.00 £30.00 £180.00
Purchase of a shared ownership property £250.00 £50.00 £300.00
Gifted deposit £50.00 £10.00 £60.00
New build property £250.00 £50.00 £300.00

The above costs are for our fees only and all are subject to the disbursements on your matter.

Disbursements on a purchase

Please note that, subject to the relevant rules in operation at the time of your purchase and the value and nature of your purchase (i.e. whether you are a first time buyer or if you are purchasing a buy to let property), you may be required to pay Stamp Duty Land Tax on your purchase. This is not classified as a disbursement and we will advise you on your tax liability, if any, upon receipt of your instructions or specific enquiry.

Typically, the following searches are required for a purchase (all charges are inclusive of any VAT or insurance premium tax):

Local Authority’s current search fee (if Blackpool, Wyre or Fylde) £104.70 inc VAT
Drainage and Water search fee £66.30 inc VAT
Environmental search £61.80 inc VAT
Land Registry priority title search £3.00 no VAT
Bankruptcy search - £2 per seller named on the Register of Title £2.00 no VAT
Land charges search - £2 per seller named on the Register of Title £2.00 no VAT

It may transpire through the course of your purchase that further searches are required, but this is not typically so and most of our purchase matters complete having undertaken only the searches listed above.

You will have to pay a fee to register your property.

Purchase price Land Registry registration fee (no VAT)
£0 - £80,000 £20.00 no VAT
£80,001 - £100,000 £40.00 no VAT
£100,001 - £200,000 £100.00 no VAT
£200,001 - £500,000 £150.00 no VAT
£500,001 - £1,000,000 £295.00 no VAT
£1,000,000 and above £500.00 no VAT

How much will it cost? – Sale

If you are purchasing a freehold property, our fees on a purchase are:

Purchase price Our fee VAT Total
£0-£125,000 £450.00 £90.00 £540.00
£125,001 - £250,000 £500.00 £100.00 £600.00
£250,001 - £500,000 £600.00 £120.00 £720.00
£500,001 - £1,000,000 £750.00 £150.00 £900.00
Over £1,000,000 To be negotiated To be applied To be agreed

Each transaction will also incur the additional charges set out below:

Additional charge and explanation Our fee VAT Total
Bank transfer fee £25.00 £5.00 £30.00
Independent ID verification (per person) £5.00 £1.00 £6.00

We are currently on the panels of Lloyds Banking Group (Halifax, Birmingham Midshires and Lloyds) and Barclays. If you are purchasing a property with any of these lenders, we would be delighted to assist you, but cannot act where the mortgage is provided by any other lender.

Depending on the specific nature of your purchase, we may also charge you the following:

Charge Our fee VAT Total
Sale of a leasehold house £100.00 £20.00 £120.00
Sale of any other leasehold property £150.00 £30.00 £180.00
Sale of a shared ownership property £250.00 £50.00 £300.00

The above costs are for our fees only and all are subject to the disbursements on your matter.

Re-mortgages

We are currently on the panels of Lloyds Banking Group (Halifax, Birmingham Midshires and Lloyds) and Barclays. As such, we can only assist with re-mortgages when the borrowing is from one of these lenders. We charge £400 plus VAT for acting on a re-mortgage.

Our disbursements are limited to the Land Registry searches of £3 per document (there is no VAT on Land Registry charges) and typically the total cost of these is between £6-£15 depending on how many documents are registered and whether the property being re-mortgaged is freehold or leasehold.

Most lenders normally permit the purchase of no search insurance rather than undertaking new searches and this costs, inclusive of insurance premium tax:

Call us today on 01253 858231 or e-mail natalie.reason@mjvlaw.co.uk