Residential Conveyancing Costs
The costs involved for the purchase of a freehold or leasehold residential property
New Enquiries
New Enquiries
The costs involved for the purchase of a freehold or leasehold residential property
When obtaining an estimate of cost, the fees together with disbursements included cover everything we envisage your transaction will require to smoothly progress from start through to completion.
Our purchase estimate includes BHP Law’s fees, VAT payable on the same, ID check, basic search pack, HMRC Stamp Duty Land Tax (if applicable), Land Registry searches and Land Registry registration fee.
Our sale estimate includes BHP Law’s fees, VAT payable on the same, ID check, HM Land Registry official copy documents.
Our re-mortgage estimate includes BHP Law’s fees, VAT payable on the same, ID check, HM Land Registry official copy documents.
If you are purchasing a Leasehold property you could have additional extras to pay such as:
If you are purchasing a Leasehold property you should also be aware that the property will more than likely be subject to annual Ground Rent and Service Charge payments.
We will of course make you fully aware of any such additional fees when we are aware of the same.
If you are selling a Leasehold property it is more than likely that your buyer’s solicitor will request a Management Company/Landlords sale pack. Most Management Company/Landlord’s charge an administration fee in this regard and it is usually around the £200-300 mark. We will request the same once instructed and make you aware of the fee before we request the same.
BHP Law calculate their fees on the basis of the value of the property you are purchasing/selling/re-mortgaging. It is calculated this way as the higher the value of a property the higher the risk.
Stamp Duty Land Tax is also calculated on the value of the property. You can calculate the same by visiting HMRC’s website or if the property is located in Wales by using the Welsh Revenue Authority’s website.
HM Land Registry calculate their registration fee again on the value of the property and also factors such as whether the property already registered can have am impact. If the property is unregistered fees will be higher.
How long it will take from the outset to completion of your transaction will depend on a number of factors. The average process takes 6-8 weeks. It can be quicker or slower depending on the parties in the chain. For example we generally indicate that a Leasehold transaction will take longer and a time scale of 8-10 weeks is more realistic.
You will be assigned to a member of the team who will be your personal conveyancing specialist. Our team has over 100 years of collective experience in Residential Conveyancing.
Your Residential Conveyancing Team
Associate
Claire graduated in 1999 from Northumbria University and secured a training contract in Sunderland, qualifying as a solicitor in 2001, Claire specialized…
Team Leader/Conveyancing Executive
Jemma is our Residential Conveyancing team leader based at our Darlington office with over 14 years experience. She joined BHP Law in 2010 and during…
Solicitor
Emily trained with Co-op Legal Services in London and Manchester where she worked in the family and probate departments and qualified into family law…
Solicitor
Lauren obtained her law degree from the University of Cumbria, graduating in 2012 and started her LPC at Northumbria University, graduating the following…
Conveyancing Executive
Dorothy has worked for BHP Law since 1987 initially as secretary for Norman Hart (now retired partner) and training as a fee earner in residential conveyancing…
Conveyancing Executive
Nicola joined BHP Law as a conveyancing secretary in 2015. Following two years working as a conveyancing secretary at another local firm, Nicola returned…
Conveyancing Executive
Lorna joined BHP as a secretary in our residential conveyancing team in 2019 bringing a wealth of experience working in residential and commercial conveyancing…
Paralegal
Susan started working at BHP Law in 1996 as a secretary in the conveyancing department. Over the years she has gained valuable knowledge in conveyancing…
Trainee Legal Executive
Sara completed her Law degree in July 2016 at Teesside University and began working in a local firm doing residential conveyancing. She completed her…
