Our fees cover the work required to complete the purchase of your property* 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.
Please note that our fees are dependent on the value of the property being purchased/sold. A full quote will be provided to you upon request and further details of the property being received. Our minimum fee per transaction is £850.00 plus VAT (at 20% £170.00) and disbursements. We have provided a (non- exhaustive) scale of our fees below as well as a working example of potential costs, for your information.
* 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.
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.
No indemnity policies are required. Additional disbursements may apply if indemnity policies are required – please see below for further details.
Property Purchase - Scotts Hall & Birtles Solicitors Fees
Property Value | Scotts, Hall & Birtles Fee | VAT (at 20%) | Total |
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Up to £150,000 | £850.00 | £170.00 | £1,020.00 |
£150,001 – £250,000 | £925.00 | £185.00 | £1,110.00 |
£250,001 – £350,000 | £1,025.00 | £205.00 | £1,230.00 |
£350,001 – £450,000 | £1,200.00 | £240.00 | £1,440.00 |
£450,001 to £500,000 | £1,395.00 | £279.00 | £1,674.00 |
£500,001 to £600,000 | £1,535.00 | £307.00 | £1,842.00 |
£600,001 to £700,000 | £1,655.00 | £331.00 | £1,986.00 |
£700,001 to £800,000 | £2,090.00 | £418.00 | £2,508.00 |
£800,001 and over | Enquire |
The following additional fees (plus VAT at 20%) may be required:
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Leasehold properties - £400.00 (plus VAT at 20% £80.00)
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Acting for a lender(Lender Legal Advisor fee) - £270.00 (plus VAT at 20% £54.00)
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New Build - £400.00 (plus VAT at 20% £80.00)
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Help to Buy ISA - £50.00 (plus VAT at 20% £10.00)
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Help to Buy Equity Loan - £300.00 (plus VAT at 20% £60.00)
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Deed of Easement* (to grant rights) - £500.00 (plus VAT at 20% £100.00)
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Deed of Grant or variation rights* - £500.00 (plus VAT at 20% £100.00)
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Deed of Guarantee - £200.00 (plus VAT at 20% £40.00)
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Deed of Postponement - £125.00 (plus VAT at 20% £25.00)
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Drafting or approval of Assured Tenancy Agreement - £250.00 (plus VAT at 20% £50.00)
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Electronic Identification Fee - £11.25 (plus VAT at 20% £2.25)
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Purchase of a Freehold reversion for a Leasehold Property (Standalone) - £750.00 (plus VAT at 20% £60.00)
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Serving Section 42 Notice and Assignment of Rights under a Lease Extension* - £750.00 (plus VAT at 20% £150.00)
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Statutory Declaration/Statement of Truth* - £200.00 (plus VAT at 20% £40.00)
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Transfer of Equity (Standalone) - £750.00 (plus VAT at 20% £150.00)
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Deed of Easement (Standalone) - £750.00 (plus VAT at 20% £150.00)
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Statutory Declaration/Statement of Truth (Standalone) - £500.00 (plus VAT at 20% £100.00)
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Lender appoints 3rd party solicitor - Enquire
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Unregistered Title - £270.00 (plus VAT at 20% £54.00)
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Electronic Transfer Fee - £35.00 (plus VAT at 20% £7.00)
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Equity Release - £1,250.00 (plus VAT at 20% £250.00)
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Minimum fee on Standalone - £500.00 (plus VAT at 20% £100.00)
*where part of another transaction
Land Registry Fees (Scale 1 - Electronic)
Property Value | Land Registry Fee | Land Registry Fee-1 |
---|---|---|
(for transfer/dealings of whole) | (all other scale 1 applications) | |
Up to £80,000 | £20.00 | £45.00 |
£80,001 – £100,000 | £40.00 | £95.00 |
£100,001 – £200,000 | £100.00 | £230.00 |
£200,001 – £500,000 | £150.00 | £330.00 |
£500,001 – £1 million | £295.00 | £655.00 |
Over £1 million | £500.00 | £1,105.00 |
For First Registration fees please enquire.
Example of Scotts Hall & Birtles Solicitors fees and disbursements for purchase of a £120,000 freehold property in Richmondshire:
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Scotts Hall & Birtles Solicitors legal fees - £850.00 plus VAT (at 20% £170.00)
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Lender Legal Advisor fee - £150.00 plus VAT (at 20% £30.00) (not always payable - dependent upon the transaction requirements)
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Help to Buy ISA Fee - £50.00 plus VAT (at 20% £10.00) (not always payable - dependent upon the transaction requirements)
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Search fees:
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Local Authority - £362.75
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Drainage & Water - £104.93
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Environmental - £92.80
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Priority - £8.80
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Sim Search - £9.80
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Bankruptcy - £7.80 per person
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Land Registry fee - £100.00
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Electronic money transfer fee - £35.00 plus VAT (at 20% £7.00)
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Stamp Duty Land Tax - £0.00
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VAT payable at: 20%
Leasehold Property Purchase – additional disbursements
When purchasing a Leasehold property there are certain additional disbursements payable which will be set out in the individual lease relating to the Property. The disbursements which we anticipate will apply are set out separately below. This list is not exhaustive and other disbursements may apply depending on the terms of the lease. We will update you on the specific fees upon receipt and review of the lease from the seller’s solicitors.
Anticipated Disbursements
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Notice of Transfer fee – This fee if chargeable is set out in the lease. Often the fee is between £50.00 and £500.00.
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Notice of Charge fee (if the property is to be mortgaged) – This fee is set out in the lease. Often the fee is between £50.00 and £500.00.
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Deed of Covenant fee – This fee is provided by the management company for the property and can be difficult to estimate. Often it is between £50.00 and £500.00.
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Certificate of Compliance fee – To be confirmed upon receipt of the lease, as can range between £50.00 – £500.00.
Stamp Duty or Land Tax (on purchase)
SDLT depends on the purchase price of your property and on your individual circumstances. You can calculate the amount you will need to pay by using HMRC’s website or if the property is located in Wales by using the Welsh Revenue Authority’s website.
Property Sale – Scotts Hall & Birtles Solicitors fees
Please note that our fees are dependent on the assumptions in paragraph 3 above, and the value of the property being sold as per the first table above. A full quote will be provided to you upon request and further details of the property being received.
Our minimum fee per transaction is £850.00 plus VAT (at 20% £170.00) and disbursements. We have provided a sample of sale disbursements below for your information.
Anticipated Selling Disbursements
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Title Deeds - £8.40 (Freehold) £8.40 (Leasehold)
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Electronic money transfer fee £35.00 plus VAT (at 20% £7.00), per payment
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VAT payable at a rate of 20%
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For Leasehold properties there may be a Management Company fee – this varies depending on the Management Company but can be in the region of £250.00 plus VAT (at 20% £50.00 if applicable)
See our Property Sale Factsheet