Conveyancer’s Fees and Disbursements – Selling a Freehold Residential Property

Our fees cover the work required to complete the sale of your home. Although, in general, we 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 to 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 TQ12 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:

  1. 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;
  2. this is the assignment of an existing lease and is not the grant of a new lease (for leasehold sales);
  3. the transaction is concluded in a timely manner and no unforeseen complications arise;
  4. all parties to the transaction are co-operative and there is no unreasonable delay from third parties providing documentation; and
  5. 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 GROSS
Legal Fee* £850.00 £170.00 £1,020.00
Electronic Transfer Fee* £30.00 £6.00 £36.00
ID Check* £8.00 £1.60 £9.60
Mortgage Fee* £95.00 £19.00 £114.00
Third Party Disbursements* NET VAT GROSS
Office copy entries* £6.00 £0.00 £6.00
Land Charge Searches* £2.00 £0.00 £2.00
Referral fee to third party if applicable* £0.00 £0.00 £0.00
Total
Sale Total £991.00 £196.60 £1,187.60
  • 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.
  • We will need to check finances are in place for the buyer to fund the purchase.
  • Receive and advise on contract documents.
  • Obtain further planning documentation if required.
  • Provide advice on all documents and information received.
  • Finalise contract and send to you for signature.
  • Agree completion date (the date which you legally own the property).
  • Exchange contracts and notify you that this has happened.
  • Complete purchase.

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, if your purchasers are a first time buyers, the number of parties in the chain, 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 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