Fees

Residential

Our team has over 200 years’ combined experience in assisting clients with all types of residential property transactions

Purchase of freehold residential property

Our fees cover all of the work* required to complete the purchase of your new home, including dealing with registration at the Land Registry and dealing with the payment of Stamp Duty Land Tax (Stamp Duty) if the property is in England, or Land Transaction Tax (Land Tax) if the property you wish to buy is in Wales.

Conveyancer’s fees and disbursements

Property Price Range	Estimated Fee	VAT	Total
Up to £100,000	£850	£170	£1020
£100,001 to £150,000	£950	£190	£1140
£150,001 to £200,000	£1050	£210	£1260
£200,001 to £250,000	£1100	£220	£1320
£250,001 to £300,000	£1200	£240	£1440
£300,001 to £350,000	£1300	£260	£1560
£350,001 to £400,000	£1325	£265	£1590
£400,001 to £450,000	£1450	£290	£1740
£450,001 to £500,000	£1550	£310	£1860
£500,001 to £600,000	£1650	£310	£2100
£600,001 to £700,000	£1750	£350	£2100
£700,001 to £800,000	£1900	£380	£2280
£800,001 to £900,000	£2100	£420	£2520
£900,001 to £1,000,000	£2500	£500	£3000
Over £1,000,000		Price on Application

There will be an additional charge of £200 plus VAT if you are purchasing a property with the assistance of a residential mortgage.

There will be an additional charge of £350 plus VAT where you are purchasing a property with an Equity Loan supporting a Government Help to Buy Equity Loan or £50 for an Armed Forces Loan.

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 disbursements on your behalf to ensure a smoother process. The usual disbursements incurred in a purchase are:

Search Fees £450 approx (including VAT)

HM Land Registry Fee £150 (this is based on the price paid at the time of completion of the purchase) see https://www.gov.uk/guidance/hm-land-registry-registration-services-fees#scale-1-fees

Electronic Money Transfer Fee £48 (including VAT)

The above leasehold fees vary from property to property and can, on occasion, be significantly more than the ranges given above. We can give you an accurate figure once we have sight of your specific documents and confirmation from the Managing Agent. You should also be aware that ground rent and service charges are likely to apply throughout your ownership of the property. We will confirm the ground rent and the anticipated service charge as soon as we receive this information.

Total Estimated Disbursements: £648

Here is an example of the costs of a purchase at £250,000 with no mortgage:

Legal Fee £1320 (including VAT)

Search Fees £450 approx (including VAT)

Search Fees £450 approx

HM Land Registry Fee £150 (this is based on the price paid at the time of completion of the purchase) see https://www.gov.uk/guidance/hm-land-registry-registration-services-fees#scale-1-fees

Electronic Money Transfer Fee £48 (including VAT)

Estimated total fees and disbursements: £1,968 including VAT

Stamp Duty Land Tax (on purchase)

This depends on the purchase price of your property. You can calculate the amount payable by using HMRC’s Stamp Duty calculator – click here.

If the property is located in Wales, you can use the Welsh Revenue Authority’s Land Transaction Tax calculator – click here.

How long will my house purchase take?

How long it will take from your offer for the house being accepted until you can move into it will depend on a number of factors. The average process takes between 14 and 16 weeks.

It can be quicker or slower, depending on the number and approach of the parties in the chain. For example, if you are a first time buyer, purchasing a vacant property with a mortgage in principle, it could take 6 to 8 weeks.

However, if you are buying a leasehold property that requires an extension of the lease, this can take significantly longer, between 3 and 5 months. In such a situation, additional charges would apply.

Stages of the process

The precise stages involved in the purchase of a residential property vary according to the circumstances. However, below we have suggested some key stages that you may wish to include:

Take your instructions and give you initial advice

Check finances are in place to fund purchase and contact lender’s solicitors if needed

Receive and advise on contract documents

Carry out searches

Obtain further planning documentation if required

Make any necessary enquiries of the seller’s solicitor

Give you advice on all documents and information received

Go through conditions of mortgage offer with you

Send final contract to you for signature

Draft Transfer

Advise you on joint ownership

Obtain pre-completion searches

Agree completion date (date from which you own the property)

Exchange contracts and notify you that this has happened

Arrange for all monies needed to be received from the lender and you

Complete purchase

Deal with payment of Stamp Duty/Land Tax

Deal with application for registration at Land Registry

Our fee assumes that:

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.
This is the assignment of an existing lease and is not the grant of a new lease.
The transaction is concluded in a timely manner and no unforeseen complications arise.
All parties to the transaction are co‑operative and there is no unreasonable delay from third parties providing documentation.
No indemnity policies are required. Additional disbursements may apply if indemnity policies are required.

Fees - Purchase of freehold residential property

Residential Property

Department Contacts

Peter Fitzmaurice

Solicitor & Partner

Kirsty Sjoholm

Conveyancing Executive

Client Testimonials

I used Borlase after being advised to call them regarding a property misrepresentation claim. Allanagh Hocking guided us expertly. Read more..

Carl

Litigation Client

“I recently sold and bought a house. Sophie Smith was great — very professional and nothing was too much trouble. I would recommend Borlase.”

Estelle

Conveyancing Client

“This review is well deserved — I’ve used many firms, some good, some poor. Hayley Cornish at Borlase responded quickly, sorted issues, was. Read more..

Ryan

Conveyancing Client

I was initially unsure about working with Neil, simply because I couldn’t find him listed on the Borlase website. Once it was confirmed he was Read more..

Phillis Bawden

Wills, Trusts and Probate Client

Neil was an absolute pleasure to deal with from start to finish. He is incredibly friendly and approachable and immediately puts you at ease… Read more..

Anonymous client

Wills, Trusts and Probate Client

There are not enough words to express how much we both appreciate everything Claire has done for us. Her support meant a great deal, and we are extremely grateful. Please also pass on our thanks to Allanagh

Anonymous client

Family Client

This was by far one of the most relieving and happy emails I’ve received. Everything was handled so efficiently, and I’m incredibly grateful for the support. I can finally move forward with confidence

Anonymous client

Family Client

It was lovely to meet Claire in person, and I just wanted to say thank you for everything she did. She made me feel completely at ease during a very stressful situation, and her support was invaluable

Residential

Fees

Purchase of freehold residential property

Conveyancer’s fees and disbursements

Disbursements

Search Fees £450 approx (including VAT)

HM Land Registry Fee £150 (this is based on the price paid at the time of completion of the purchase) see https://www.gov.uk/guidance/hm-land-registry-registration-services-fees#scale-1-fees

Electronic Money Transfer Fee £48 (including VAT)

Total Estimated Disbursements: £648

Here is an example of the costs of a purchase at £250,000 with no mortgage:

Legal Fee £1320 (including VAT)

Search Fees £450 approx (including VAT)

Search Fees £450 approx

HM Land Registry Fee £150 (this is based on the price paid at the time of completion of the purchase) see https://www.gov.uk/guidance/hm-land-registry-registration-services-fees#scale-1-fees

Electronic Money Transfer Fee £48 (including VAT)

Estimated total fees and disbursements: £1,968 including VAT

Stamp Duty Land Tax (on purchase)

How long will my house purchase take?

Stages of the process

Take your instructions and give you initial advice

Check finances are in place to fund purchase and contact lender’s solicitors if needed

Receive and advise on contract documents

Carry out searches

Obtain further planning documentation if required

Make any necessary enquiries of the seller’s solicitor

Give you advice on all documents and information received

Go through conditions of mortgage offer with you

Send final contract to you for signature

Draft Transfer

Advise you on joint ownership

Obtain pre-completion searches

Agree completion date (date from which you own the property)

Exchange contracts and notify you that this has happened

Arrange for all monies needed to be received from the lender and you

Complete purchase

Deal with payment of Stamp Duty/Land Tax

Deal with application for registration at Land Registry

Our fee assumes that:

Fees - Purchase of freehold residential property

Department Contacts

Peter Fitzmaurice

Solicitor & Partner

Kirsty Sjoholm

Conveyancing Executive

Client Testimonials

Carl

Litigation Client

Estelle

Conveyancing Client

Ryan

Conveyancing Client

Phillis Bawden

Wills, Trusts and Probate Client

Anonymous client

Wills, Trusts and Probate Client

Anonymous client

Family Client

Anonymous client

Family Client

Anonymous client

Family Client

Flora Day