Residential Conveyancing Table of Fees

From 01 April 2024

Main Fee

We charge our clients a main fee of 0.2% of the price paid (subject to a minimum of £800.00) and additional fees, as applicable, for transactions involving sales or purchases of properties.

Additional Fees

We also charge additional fees when one or more of the following apply to any transaction:

Details
£
Investigate an Unregistered Title 200.00
Deal with issues concerning a Defective Title200.00
Purchase of a New Built Property200.00
Approval of a new lease200.00
Act for a Lender in a contemporaneous mortgage150.00
Enter into a Direct Deed of Covenant with the Landlord100.00
Obtain Landlord’s Licence to Assign a Lease150.00
Obtain Landlord’s Consent to Mortgage150.00
Expedite a transaction150.00
Redemption of a Mortgage150.00
Complete Form SDLT100.00
Conduct Anti-money Laundering Check100.00
Deal with the introduction or change of a party mid-way100.00
Arranging a title or other indemnity insurance policy100.00
Bank money transfer - each30.00

Notes:
1. This list is non-exhaustive. We will quote separate fees for any transaction, which we think, is not straightforward or for any additional work, which is not in this Fee Table. Normally, we will do it in good time.
2. This table applies to all conveyancing transactions involving purchases and sales of residential properties up to the value of £1,000,000.00, each. If the value exceeds this amount, we will give a specific quote, upon demand.
3. Our minimum fee based on the value of any transaction (up to a value of £400,000.00) is £800.00 plus any applicable additional fees
4. VAT as appropriate will be payable on top of all our fees.
5. Disbursements are not included in our fees. These are, mainly, all fees paid for searches such as a Local Authority Search, Stamp Duty, Land Registry fees, or any other expense which becomes payable on behalf of the client to any third parties such as a Landlord of a leasehold property for registering a Notice of Assignment. These too will be payable on top of all our fees.
6. In some cases, our partners will allow discounts on our fees depending on the nature and the circumstances of an individual transaction such as prior knowledge of the client, transaction or the property.
7. We quote our fees on the basis that all work will progress on a straightforward manner to an exchange of contracts and completion thereafter. However, we will revise our quote if the transaction becomes complex at any time due to change in circumstances or clients’ instructions.
8. We will confirm all our quotes in writing once the client confirms our instructions to proceed.
9. As the transaction progresses, from time to time, we will review and revise all our quotes as necessary and let the client know about it.
10. Generally, our quotes will cover all the work that we do from the taking of the initial instructions and up to and including notifying the client of the conclusion of the transaction.
11. We will make pro- rata refunds to the clients if a transaction does not proceed to exchange and completion for any good reason, depending on the circumstances.
12. In our experience, normally, a purchase or sale would take about three months to complete from the time the we issue or receive the draft documents, as appropriately.

People who will be carrying out the work

Mr Abul Hassan, Solicitor, is our Senior Partner and the Head of our Conveyancing Department. Mrs Jenny Grace, Solicitor, is a Partner. Mr Saman Widyaratne, Solicitor, is an Associate. We employ Ms Rui Shi, Licensed Conveyancer. They all undertake residential conveyancing work with the help of other staff at the firm.

S H A HASSAN

CORBIN & HASSAN