Residential Property Services
SPECIALIST TEAM
At Dunn & Baker Solicitors we understand that one of the most important things in anyone’s life is their home.
Whether you own a property or rent, we know that your home means much more to you than just bricks and mortar.
Whether you are buying, selling, investing, letting, or simply searching for your dream home, there will be times when you need a property law expert to help everything run smoothly. Should you encounter problems with your property, having a knowledgeable legal expert on your side is invaluable.
Our experienced legal experts provide a wide range of services to help safeguard your home or property investments. Covering all aspects of property law, we are here to provide guidance and support whatever your circumstances may be.
With no hidden costs and a same day response promise, our friendly legal experts make property law straightforward and hassle free. We will explain all the processes clearly and answer any questions you may have.
Contact us today and we will arrange for you to have a FREE initial consultation with one of our specialist legal experts.
Associated Services
Buying property at auction can be an exciting experience and is often a great way to get a good deal. However, it can also be a step into the unknown – particularly if it’s your first time. By talking to a legal expert before buying at auction, you can approach the process with confidence and avoid costly mistakes.
Dunn & Baker Solicitors can advise you on all the important aspects to consider before bidding at auction, helping to ensure that any property you do bid on will be a sound investment. We can also take care of all the legal practicalities of the sale or purchase, from checking property ownership to arranging searches. Our friendly and knowledgeable legal experts will give you all the guidance you need.
With our help, buying a property at auction can be very rewarding. Contact us today to speak to one of our legal experts. With our same day response promise and no hidden costs policy, we make property law straightforward and hassle-free.
Your home is important – a place where you should feel safe and secure. However, when housing disputes arise, your home can become a cause of anxiety.
Therefore, it is important to try and resolve housing disputes as quickly as possible and sometimes you may need legal help to tackle the issues you are facing.
At Dunn & Baker Solicitors, we have successfully helped many people resolve a wide range of housing disputes from problems with neighbours or landlords, to dealing with tenancy issues.
When you talk to our legal experts, they will explain your rights and support you through the next steps. Together, we will tackle any concerns you may have.
Our dispute experts can advise on property law and are here to provide the help and guidance you need. Contact us today to arrange your FREE initial consultation.
More and more people are enjoying the rewards of investing in property.
Buying to let is a great way to ensure that your property provides a regular income and strong return on your investment. The key to successful property investment is to do your homework and seek expert legal advice before investing in a property.
There are different legal requirements when purchasing a property to let than when purchasing your own residential home – so it is always worth speaking with a legal expert that specialises in this area.
Our legal experts provide friendly, common-sense advice for all aspects of property investment. We will explain what rights you have as a landlord and help you understand the responsibilities you have to your tenants. For first-time landlords our advice is invaluable, providing the peace of mind that everything is in place and legally sound.
For advice about investment and buy to let properties, contact one of our legal experts today. We offer a FREE initial consultation so that you can find out about the process, timescales and costs with no obligations.
Dunn & Baker Solicitors advise businesses and individuals who are looking to develop land or buildings. You can trust us to support you through the legal process of purchasing, setting up and then selling or letting your property.
Developing commercial property can be an involved process. Title investigation, estate set up for your individual plots or flats and then selling them on all require careful consideration to ensure each stage proceeds smoothly.
Helping businesses and individuals work towards a successful outcome is what Dunn & Baker Solicitors can do for you. We explain each stage of the process, likely timescales, and costs involved.
Everything is discussed in plain English so you always know and understand what is happening. We will deal with any questions promptly. The legal experts in our commercial property team have decades of combined experience and, with their knowledge, it means your development is in good hands.
Contact us today for a FREE initial consultation.
As a homeowner, at some point you may wish to consider remortgaging – either to take advantage of a better mortgage deal or to release money from your property and, with different mortgage providers offering different deals, you may wish to consider changing to a new lender.
At Dunn & Baker Solicitors, we make remortgaging as quick and simple as possible. We will guide you through the process, taking care of any paperwork and legal checks.
Our friendly legal experts are experienced in all areas of property law but will always speak your language, not legal jargon, giving you the confidence that you are making the right decisions at every stage.
With our FREE initial telephone conversation and no hidden costs policy, finding out more about your remortgaging options is straightforward. Contact us today to arrange a chat with one of our legal experts.
There are many reasons for moving house but the one thing that everyone buying or selling a property has in common is that they want the process to be as smooth and as hassle-free as possible.
One of the most important factors in the success of your sale or purchase is having the right legal expert. Although conveyancing fees can be very similar from one legal expert to another, the service you receive can vary greatly. It is therefore important to choose a legal expert who has your best interests at heart – remember, you have a choice about which solicitor you use and do not have to employ the one recommended by your mortgage provider.
At Dunn & Baker Solicitors, we make buying and selling property straightforward. We will keep the process on track, giving you clear timescales, eliminating delays and keeping you posted at every step. Our conveyancing fees are easy to understand and cover any necessary legal checks and searches. We have an easy to use online conveyancing quote tool that will provide you an instant quote or, alternatively, why not call or email our conveyancing team who will be happy to provide you with a tailored quote. We also give you our ‘same day response’ promise which we know is really important when you are buying or selling a home.
We will ensure that all your property documentation is checked and explained thoroughly and we can liaise with your lender, estate agent and other parties to ensure that there is clear and prompt communication between everyone at all times.
Whether you are buying a property or selling a house, there are lots of things to think about. By trusting Dunn & Baker Solicitors to handle your conveyancing, you can relax, safe in the knowledge that all the legal details are taken care of.
That is why our clients recommend us to their friends and family. So whether you are buying a home or selling a property, for fast, friendly, local advice contact us today.
Are you looking to transfer the ownership of a property from one person to another?
Although it may appear to be a fairly straightforward process, it’s important that it is completed correctly to ensure everything progresses smoothly and to avoid unexpected problems in the future.
Our legal experts can help with every stage of a transfer of title, providing the support to complete your transfer efficiently and correctly. We’ll contact the Land Registry on your behalf and ensure that all the necessary documentation is completed properly. We will also explain any factors that may arise from the transfer, giving you the peace of mind that all the legal details have been covered correctly.
We’ll keep you informed throughout every stage to help ensure that your transfer process is swift and straightforward. So if you’d like to chat with our experts about a transfer of title, contact us today for your FREE initial consultation.
FREE instant conveyancing quote
Dunn & Baker Conveyancing App
Our conveyancing fees are easy to understand and cover any necessary legal checks and searches.
We have an easy to use ONLINE CONVEYANCING QUOTE TOOL that will provide you an instant quote or, alternatively, why not call or email our conveyancing team who will be happy to provide you with a tailored quote.
We also give you our ‘same day response’ promise which we know is really important when you are buying or selling a home.
The Dunn & Baker Conveyancing App not only makes it easier to communicate with your conveyancer throughout your transaction, it can also speed up progress and eliminate delays when waiting for documents to be sent and returned.
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As if this wasn’t exciting enough, IT’S FREE for our clients!
FEE GUIDES AND FACT SHEETS
With no hidden costs and a same day response promise, our friendly legal experts make property law straightforward and hassle free. We will explain all the processes clearly and answer any questions you may have.
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.
Although we generally provide our conveyancing services at a fixed fee, there may be some circumstances where the work required to progress a transaction falls outside of the standard fixed fee for that transaction. Should this be the case, we will always notify you of this in advance of undertaking the additional work and provide you with an estimated cost for it.
The following are an example of the anticipated costs involved in a standard fixed fee cost for one client purchasing a freehold house at £250,000 in the EX1 postcode area. Please note, legal fees, search fees and stamp duty will differ from this example depending on factors such as the purchase price of a property and whether it is freehold or leasehold. Our fee example 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 providing documentation; and
- No indemnity policies are required. Additional disbursements may apply if indemnity policies are required.
We recommend you use our online quote tool or contact your local Dunn & Baker Solicitors office for a tailored quote.
| Professional Charges | NET | VAT (at 20%) | GROSS |
| Legal Fee* | £1,175.00 | £235.00 | £1,410.00 |
| Electronic Bank Transfer Fee* | £35.00 | £7.00 | £42.00 |
| Search Pack* | £300.00 | £60.00 | £360 |
| ID Check* (per person) | £20.00 | £4.00 | £24.00 |
| Mortgage Fee* | £95.00 | £19.00 | £114.00 |
| SDLT Fee* | £95.00 | £19.00 | £114.00 |
| Electronic Source of Funds Check* (per person) | £30.00 | £6.00 | £36.00 |
| Manual Source of Funds Check* (per person) | £75.00 | £15.00 | £90.00 |
| Management Company Fee* (if applicable) | £100.00 | £20.00 | £120.00 |
| Third Party Disbursements* | NET | VAT (at 20%) | GROSS |
| Land Charges Search* (per person) | £8.00 | £1.60 | £9.60 |
| Land Registry Search* (per title) | £9.00 | £1.80 | £10.80 |
| Land Registry Fee* (Electronic) | £150.00 | £0.00 | £150.00 |
| Stamp Duty Land Tax | £0.00 | £0.00 | £0.00 |
| Purchase Total | £2,092.00 | £388.40 | £2,480.40 |
*please see below Definitions / Glossary section for definitions of these terms.
Please note, Stamp Duty Land Tax (SDLT) charges are dependent on your property’s purchase price. To find out more information on SDLT including the rate for the property you are purchasing, visit https://www.gov.uk/stamp-duty-land-tax/residential-property-rates
Stages of the Process
The precise stages involved in the purchase of a residential property will vary according to the circumstances. However, these bullet points below give a general overview of the key stages within the conveyancing process:
- Take your instructions and give you initial advice.
- Check finances are in place to fund your purchase and contact the 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 the conditions of your mortgage offer with you (if applicable).
- Send the final contract to you for signature.
- Agree a 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 you and the lender (if applicable).
- Complete your purchase.
- Deal with the payment of Stamp Duty/Land Tax.
- Deal with the application for registration at Land Registry.
How Long Will My Property Purchase Take?
How long it will take from your offer being accepted until you can move in to your house will depend on a number of factors. The average process takes between 8-10 weeks.
It can be quicker or slower, depending on the parties in the chain. For example, if you are a first time buyer purchasing a new build property with a mortgage in principle, it could take 4 weeks to get to exchange and then completion will be whenever the property is structurally complete. However, if you are buying a leasehold property that requires an extension of the lease and a lengthy chain is involved, this can take significantly longer – between 3-9 months. In such a situation, additional charges would apply. Should this be the case, we will always notify you of this in advance to undertaking the additional work and provide you with an estimated cost for it.
Further Information
For further information on buying or selling your home please visit gov.uk https://www.gov.uk/buy-sell-your-home
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 are buying is in Wales.
Although we generally provide our conveyancing services at a fixed fee, there may be some circumstances where the work required to progress a transaction falls outside of the standard fixed fee for that transaction. Should this be the case, we will always notify you of this in advance of undertaking the additional work and provide you with an estimated cost for it. 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 this we receive this information.
The following are an example of the anticipated costs involved in a standard fixed fee cost for one client purchasing a leasehold property at £250,000 in the EX1 postcode area. Please note legal fees, search fees and stamp duty, will differ from this example depending on factors such as the purchase price of a property and whether it is freehold or leasehold. Our fee example 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; and
- No indemnity policies are required. Additional disbursements may apply if indemnity policies are required.
We recommend you use our online quote tool or contact your local Dunn & Baker office for a tailored quote.
| Professional Charges | NET | VAT (at 20%) | GROSS |
| Legal Fee* | £1,175.00 | £235.00 | £1,410.00 |
| Leasehold Fee* | £500.00 | £100.00 | £600.00 |
| Electronic Bank Transfer Fee* | £35.00 | £7.00 | £42.00 |
| Search Pack* | £300.00 | £60.00 | £360 |
| ID Check* (per person) | £20.00 | £4.00 | £24.00 |
| Mortgage Fee* | £95.00 | £19.00 | £114.00 |
| SDLT Fee* | £95.00 | £19.00 | £114.00 |
| Electronic Source of Funds Check* (per person) | £30.00 | £6.00 | £36.00 |
| Manual Source of Funds Check* (per person) | £75.00 | £15.00 | £90.00 |
| Management Company Fee* (if applicable) | £100.00 | £20.00 | £120.00 |
| Third Party Disbursements* | NET | VAT (at 20%) | GROSS |
| Land Charges Search* (per person) | £8.00 | £1.60 | £9.60 |
| Land Registry Search* (per title) | £9.00 | £1.80 | £10.80 |
| Land Registry Fee* (Electronic) | £150.00 | £0.00 | £150.00 |
| Stamp Duty Land Tax* | £0.00 | £0.00 | £0.00 |
| Notice of Transfer Fee* | £100.00 | £20.00 | £120.00 |
| Notice of Charge Fee* | £100.00 | £20.00 | £120.00 |
| Purchase Total | £2,792.00 | £528.40 | £3,320.40 |
*please see below Definitions / Glossary section for definitions of these terms.
Stamp Duty Land Tax charges are dependent on your property’s purchase price. To find out more information on SDLT including the rate for the property you are purchasing, visit https://www.gov.uk/stamp-duty-land-tax/residential-property-rates
Please note, there are certain disbursements which will be set out in the individual lease relating to the property. The disbursements which we anticipate have been included in the above example, however this is not exhaustive and other disbursements, may apply depending on the term of the lease. We will update you on the specific fees upon receipt and review of the lease from the seller’s solicitors.
Stages of the Process
The precise stages involved in the purchase of a residential leasehold property vary according to the circumstances. However, these bullet points below give a general overview of the key stages within the conveyancing process:
- Take your instructions and give you initial advice.
- Check finances are in place to fund your purchase and contact the 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 the conditions of your mortgage offer (if applicable).
- Send the final contract to you for signature.
- Draft the Transfer.
- Advise you on joint ownership (if applicable).
- Obtain pre-completion searches.
- Agree a 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 you and the lender (if applicable).
- Complete your purchase.
- Deal with the payment of Stamp Duty/Land Tax.
- Deal with the application for registration at Land Registry.
How Long Will My Property Purchase Take?
How long it will take from your offer being accepted until you can move in to your house will depend on a number of factors. The average process takes between 8-10 weeks. It can be quicker or slower, depending on the parties in the chain. For example, if you are a first time buyer, purchasing a new build property with a mortgage in principle, it could take 4 weeks to exchange with completion set for whenever the property is structurally complete. However, if you are buying a leasehold property that requires an extension of the lease and there is a length chain involved, this can take significantly longer – between 3-9 months. In such a situation, additional charges would apply.
Further Information
For further information on buying or selling your home please visit gov.uk https://www.gov.uk/buy-sell-your-home
Our fees cover the work required to complete the sale of your home. Although we generally provide our conveyancing services at a fixed fee, there may be some circumstances where the work required to progress a transaction falls outside of the standard fixed fee for that transaction. Should this be the case, we will always notify you of this in advance of undertaking the additional work and provide you with an estimated cost for it.
The following is an example of the anticipated costs involved in a standard fixed fee price for one client selling a freehold property at £250,000 in the EX1 postcode area. Please note, legal fees will differ from this example depending on factors such as the sale price of a property and whether it is freehold or leasehold. Our fee example 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 (for leasehold sales);
- 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; and
- No indemnity policies are required. Additional disbursements may apply if indemnity policies are required.
We recommend you use our online quote tool or contact your local Dunn & Baker Solicitors office for a tailored quote.
| Professional Charges | NET | VAT (at 20%) | GROSS |
| Legal Fee* | £1,125.00 | £225.00 | £1,350.00 |
| Electronic Bank Transfer Fee* | £35.00 | £7.00 | £42.00 |
| ID Check* (per person) | £20.00 | £4.00 | £24.00 |
| Mortgage Fee* | £95.00 | £19.00 | £114.00 |
| Management Company Fee* (if applicable) | £100.00 | £20.00 | £120.00 |
| Third Party Disbursements* | NET | VAT (at 20%) | GROSS |
| Office Copy Entries* (per document) | £9.00 | £1.80 | £10.80 |
| Sale Total | £1,384.00 | £276.80 | £1,660.80 |
*please see below for definitions of these terms
Stages of the Process
The precise stages involved in the sale of a residential property vary according to the circumstances. However, these bullet points below give a general overview of the key stages within the conveyancing process:
- Take your instructions and give initial advised based on the information you have provided.
- Issue contract pack and supporting documents to the buyer’s solicitors.
- Review and answer enquiries raised by the buyer’s solicitors.
- Finalise the contract and send to you for signature.
- Agree a completion date (the date which you legally cease owning the property).
- Exchange contracts and notify you that this has happened.
- Complete sale.
- Pay estate agents fees (if any) from proceeds of sale.
How Long Will My Property Sale Take?
How long it will take from you accepting an offer until you can move from your house will depend on a number of factors. The average process takes between 8-10 weeks. It can be quicker or slower, depending on the parties in the chain, for example, the number of parties in the chain, if your purchasers are a first time buyers, if the buyer is financing the purchase with a mortgage or cash, or whether there any issues flagged up through the searches or survey. If you are selling a leasehold, property there may be even issues with the lease. In such a situation, additional time and charges would apply.
Further Information
For further information on buying or selling your home please visit gov.uk https://www.gov.uk/buy-sell-your-home
Our fees cover the work required to complete the sale of your home. Although we generally provide our conveyancing services at a fixed fee, there may be some circumstances where the work required to progress a transaction falls outside of the standard fixed fee for that transaction. Should this be the case, we will always notify you of this in advance of undertaking the additional work and provide you with an estimated cost for it.
The following is an example of the anticipated costs involved in a standard fixed fee price for one client selling a freehold property at £250,000 in the EX1 postcode area. Please note, legal fees will differ from this example depending on factors such as the sale price of a property and whether it is freehold or leasehold. Our fee example 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 (for leasehold sales);
- 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; and
- No indemnity policies are required. Additional disbursements may apply if indemnity policies are required.
We recommend you use our online quote tool or contact your local Dunn & Baker Solicitors office for a tailored quote.
| Professional Charges | NET | VAT (at 20%) | GROSS |
| Legal Fee* | £1,125.00 | £225.00 | £1,350.00 |
| Electronic Bank Transfer Fee* | £35.00 | £7.00 | £42.00 |
| ID Check* (per person) | £20.00 | £4.00 | £24.00 |
| Mortgage Fee* | £95.00 | £19.00 | £114.00 |
| Third Party Disbursements* | NET | VAT (at 20%) | GROSS |
| Office Copy Entries* (per document) | £9.00 | £1.80 | £10.80 |
| Sale Total | £1,284.00 | £256.80 | £1,540.80 |
*please see below for definitions of these terms
Stages of the Process
The precise stages involved in the sale of a residential property vary according to the circumstances. However, these bullet points below give a general overview of the key stages within the conveyancing process:
- Take your instructions and give initial advised based on the information you have provided.
- Issue contract pack and supporting documents to the buyer’s solicitors.
- Obtain information direct from the Landlord or Management Company (the Landlord or Management Company may charge an additional fee for this).
- Review and answer enquiries by the buyer’s solicitor.
- Finalise the contract and send to you for signature.
- Agree a completion date (the date which you legally cease owning the property).
- Exchange contracts and notify you that this has happened.
- Complete sale.
- Pay estate agents fees (if any) from proceeds of sale.
How Long Will My Property Sale Take?
How long it will take from you accepting an offer until you can move from your house will depend on a number of factors. The average process takes between 8-10 weeks. It can be quicker or slower, depending on the parties in the chain, for example, the number of parties in the chain, if your purchasers are a first time buyers, if the buyer is financing the purchase with a mortgage or cash, or whether there any issues flagged up through the searches or survey. If you are selling a leasehold, property there may be even issues with the lease. In such a situation, additional time and charges would apply.
Further Information
For further information on buying or selling your home please visit gov.uk https://www.gov.uk/buy-sell-your-home
Our fees cover all of the work required to complete the remortgage of your home, including dealing with registration at the Land Registry.
Although we generally provide our conveyancing services at a fixed fee, there may be some circumstances where the work required to progress a transaction falls outside of the standard fixed fee for that transaction. Should this be the case, we will always notify you of this in advance to undertaking the additional work and provide you with an estimated cost for it.
The following are an example of the anticipated costs involved in a standard fixed fee cost for one client remortgaging a freehold house at £250,000 in the EX1 postcode area. Please note, legal fees, search fees and stamp duty will differ from this example depending on factors such as the remortgage value of the property of the property, and whether it is freehold or leasehold. Our fee example 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 providing documentation; and
- No indemnity policies are required. Additional disbursements may apply if indemnity policies are required.
We recommend you use our online quote tool or contact your local Dunn & Baker Solicitors office for a tailored quote.
| Professional Charges | NET | VAT (at 20%) | GROSS |
| Legal Fee* | £750.00 | £150.00 | £900.00 |
| Electronic Bank Transfer Fee* | £35.00 | £1.00 | £42.00 |
| Search Pack* | £250.00 | £50.00 | £300.00 |
| ID Check* (per person) | £20.00 | £4.00 | £24.00 |
| Electronic Source of Funds Check* (per person) | £30.00 | £6.00 | £36.00 |
| Manual Source of Funds Check* (per person) | £75.00 | £15.00 | £90.00 |
| Management Company Fee* (if applicable) | £100.00 | £20.00 | £120.00 |
| Third Party Disbursements* | NET | VAT (at 20%) | GROSS |
| Land Charges Search* (per person) | £8.00 | £1.60 | £9.60 |
| Land Registry Search* (per title) | £9.00 | £1.80 | £10.80 |
| Land Registry Fee* (Electronic) | £45.00 | £0.00 | £45.00 |
| Office Copy Entries* (per document) | £9.00 | £1.80 | £10.80 |
| Purchase Total | £1,331.00 | £251.20 | £1,588.20 |
*please see below for definitions of these terms
Stages of the Process
The following bullet points below give a general overview of the key stages within the remortgage process. Please note, they may vary depending on the individual matter:
- Take your instructions and give initial advised based on the information you have provided.
- Requesting and reviewing Official Copies of the Title and obtaining an initial redemption statement from the existing lender.
- Leasehold properties will require the lease to be checked and enquiries made if relevant,
- Ordering searches if required.
- Checking the mortgage offer.
- Preparing for completion and agreeing a completion date.
- Requesting a final redemption statement from the existing lender.
- Requesting the mortgage advance from the new lender.
- Completion of the remortgage.
- Registration of the new lender’s charge at Land Registry.
How Long Will My Property Remortgage Take?
A standard remortgage usually takes between 6 and 8 weeks, although it can take longer if there are complications.
A transfer of equity is the name given to the transfer of a property from one owner, to joint owners, or from co-owners to one owner (e.g., on marriage or divorce). Our fees cover all of the work required to complete the transfer of equity of your home, including dealing with registration at the Land Registry. If you are the outgoing party to a transfer of equity, please contact us by phone to get a bespoke estimate.
Although we generally provide our conveyancing services at a fixed fee, there may be some circumstances where the work required to progress a transaction falls outside of the standard fixed fee for that transaction. Should this be the case, we will always notify you of this in advance to undertaking the additional work and provide you with an estimated cost for it.
The following are an example of the anticipated costs involved in a standard fixed fee cost for a transfer of equity from either sole to joint names, or joint to sole names, with us acting for the parties remaining on the title at the end of the transaction. Please note, legal fees, search fees and stamp duty will differ from this example depending on factors such as the value of the property of the property, and whether it is freehold or leasehold. Our fee example 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 providing documentation; and
- No indemnity policies are required. Additional disbursements may apply if indemnity policies are required.
We recommend you use our online quote tool or contact your local Dunn & Baker office for a tailored quote.
Transfer of Equity (no mortgages)
| Professional Charges | NET | VAT (at 20%) | GROSS |
| Legal Fee* | £850.00 | £170.00 | £1,020.00 |
| Search Pack* (if required) | £250.00 | £50.00 | £300.00 |
| ID Check* (per person) | £20.00 | £4.00 | £24.00 |
| Electronic Source of Funds Check* (per person) | £30.00 | £6.00 | £36.00 |
| Manual Source of Funds Check* (per person) | £75.00 | £15.00 | £90.00 |
| Third Party Disbursements | NET | VAT (at 20%) | GROSS |
| Land Charges Search* (per person) | £8.00 | £1.60 | £9.60 |
| Land Registry Search* (per title) | £9.00 | £1.80 | £10.80 |
| Land Registry Fee* (Electronic) | £45.00 | £0.00 | £45.00 |
| Office Copy Entries* (per document) | £9.00 | £1.80 | £10.80 |
| Sale Total | £1,296.00 | £250.20 | £1,546.20 |
Transfer of Equity (additional borrowing from existing lender)
| Professional Charges | NET | VAT (at 20%) | GROSS |
| Legal Fee* | £950.00 | £190.00 | £1,140.00 |
| Search Pack* (if required) | £250.00 | £50.00 | £300.00 |
| ID Check* (per person) | £20.00 | £4.00 | £24.00 |
| Electronic Source of Funds Check* (per person) | £30.00 | £6.00 | £36.00 |
| Manual Source of Funds Check* (per person) | £75.00 | £15.00 | £90.00 |
| Third Party Disbursements | NET | VAT (at 20%) | GROSS |
| Land Charges Search* (per person) | £8.00 | £1.60 | £9.60 |
| Land Registry Search* (per title) | £9.00 | £1.80 | £10.80 |
| Land Registry Fee* (Electronic) | £45.00 | £0.00 | £45.00 |
| Office Copy Entries* (per document) | £9.00 | £1.80 | £10.80 |
| Sale Total | £1,396.00 | £270.20 | £1,666.20 |
Transfer of Equity (with remortgage to new lender)
| Professional Charges | NET | VAT (at 20%) | GROSS |
| Legal Fee* | £950.00 | £190.00 | £1,140.00 |
| Search Pack* (if required) | £250.00 | £50.00 | £300.00 |
| ID Check* (per person) | £20.00 | £4.00 | £24.00 |
| Mortgage Fee | £95.00 | £19.00 | £114.00 |
| Electronic Transfer Fee | £35.00 | £7.00 | £42.00 |
| Electronic Source of Funds Check* (per person) | £30.00 | £6.00 | £36.00 |
| Manual Source of Funds Check* (per person) | £75.00 | £15.00 | £90.00 |
| Third Party Disbursements | NET | VAT (at 20%) | GROSS |
| Land Charges Search* (per person) | £8.00 | £1.60 | £9.60 |
| Land Registry Search* (per title) | £9.00 | £1.80 | £10.80 |
| Land Registry Fee* (Electronic) | £45.00 | £0.00 | £45.00 |
| Office Copy Entries* (per document) | £9.00 | £1.80 | £10.80 |
| Sale Total | £1,526.00 | £296.20 | £1,822.20 |
*please see below Definitions / Glossary section for definitions of these terms.
Stages of the Process
The following bullet points below give a general overview of the key stages within the remortgage process. Please note, they may vary depending on the individual matter:
- Take your instructions and give initial advised based on the information you have provided.
- Requesting and reviewing Official Copies of the Title.
- Leasehold properties will require the lease to be checked and enquiries made if relevant.
- Ordering searches if required.
- Checking the mortgage offer (if any).
- Finalising the legal documentation and arranging signature of the same.
- Preparing for completion and agreeing a completion date.
- Requesting a final redemption statement from the existing lender and requesting the mortgage advance from the new lender (if applicable).
- Completion of the transfer of equity.
- Registration of the new ownership of the property and new lender’s charge (if any) at Land Registry.
How Long Will My Property Transfer of Equity Take?
A standard transfer of equity usually takes between 6 and 8 weeks, subject to the timescales of any third party in the transaction, and if there are any other complications to overcome.
Certificate of Compliance Fee – this fee is payable to the Freeholder or Management Company. It is set by them and we have no control over the amount. Often the fee is between £100-£200 plus VAT.
Deed of Covenant Fee – this fee is payable to the Freeholder or Management Company. It is set by them and we have no control over the amount. Often the fee is between £100-£200 plus VAT.
Disbursements – these 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. We will ask you for funds to cover the anticipated disbursements in advance of us paying them.
Electronic Transfer Fee – this is charged per transfer for a same day transfer of funds. This will be required to repay your existing mortgage. If any sums are due to you and you would like it on the same day, a further fee will be payable.
ID Check (Per Person) – as part of our legal obligations, we are required to know who our clients are. To do this, we fully identify all clients, verify their identity and, if applicable, identify the source of their funds. We use a third party to check different public databases to help confirm identity and to also check the legitimacy of photographic identification.
Land Charges Search (Bankruptcy Search) – this costs £8 plus VAT per name – it is carried out on behalf of any mortgage lender to check for any bankruptcy registered against your name.
Land Registry Fee (Electronic) – this is the fee that the land registry charge to register the new owners of the property at the land registry.
Land Registry Search – this is carried out just before completion and is required to provide an update on the land registry title and ensure no further charges can be registered ahead of the registration of you, as new owner/s of the property.
Leasehold Fee – this is a supplementary legal fee in relation to the additional legal work required on a leasehold sale, purchase, remortgage or transfer of title.
Legal Fee – these are our charges for carrying out the work on your matter. Although we generally provide our conveyancing services at a fixed fee, there may be some circumstances where the work required to progress a transaction falls outside of the standard fixed fee transaction. Should this be the case, we will always notify you of this in advance of undertaking the additional work and provide you with an estimated cost for the same.
Management Company Fee – this is the supplementary legal fee in relation to the additional legal work required when a Management Company is involved in the transaction.
Mortgage Fee – this fee is charged as we are required to act for your mortgage lender in ensuring their security is protected. If buying, we receive your mortgage funds in readiness for completion. If redeeming a mortgage, this is the fee charged for acting on behalf of your mortgage lender in redeeming the loan to them.
Notice of Charge Fee (if the property is to be mortgaged) – this fee is payable to the Freeholder or Management Company. It is set by them and we have no control over the amount. Often the fee is between £100-£200 plus VAT.
Notice of Transfer Fee – this fee is payable to the Freeholder or Management Company. It is set by them and we have no control over the amount. Often the fee is between £100-£200 plus VAT.
Office Copy Entries – £9 plus VAT per document – these are documents from the Land Registry that show ownership of a property and any supporting documents such as the property title and plans.
Referral fee – if you were referred to our services by a third party (e.g. estate agent, legal comparison quote website) then a referral fee may apply. The referring party will make you aware of this at the point of referral. Should you have not been given this information, please let us know and we will confirm the amount.
SDLT Fee – this is the supplementary legal fee in relation to the additional work required to arrange submission of a Stamp Duty Land Tax (SDLT) return and payment of any SDLT due when purchasing or transferring ownership of a property.
Search Pack – an average search pack cost is between £300 and £350 plus VAT for a Local Authority Search, Drainage Search and Environmental Search.
Stamp Duty or Land Tax (on purchase) – this depends on the purchase price of your property. You can calculate the amount you will need to pay by using the HMRC website or, if the property is located in Wales, by using the Welsh Revenue Authority’s website.
Third Party Disbursements – these are additional costs charged by third parties which you are liable to pay. We make these payments on your behalf during your transaction and redeem any outstanding costs from you towards the end of your transaction. We ask for money on account at the outset of your matter in consideration of these.
