Residential conveyancing fees
DPM LEGAL RESIDENTIAL FEE SCHEDULE
This schedule is a guide to the fees charged by DPM Legal for the provision of legal services provided to clients relating to residential properties.
PLEASE NOTE: ALL the fees quoted below are subject to VAT and are shown EXCLUDING VAT. The disbursements are INCLUSIVE of VAT.
SALE
Basic Sale Fee
| Property Value: |
Our Fees: |
The Basic Sale Fee is applicable to all sale transactions and is based on a sliding scale, determined by the property’s market value.
The Basic Sale Fee covers the standard conveyancing work required when selling a property.
|
| £0 - £200,000 |
£700 |
| £200,001 – £300,000 |
£800 |
| £300,001 - £400,000 |
£900 |
| £400,001 - £500,000 |
£1,000 |
| £500,001 - £700,000 |
£1,200 |
| £700,001 - £900,000 |
£1,300 |
| £900,001 - £1,100,000 |
£1,400 |
| £1,100,001 - £1,250,000 |
£1,500 |
| £1,250,000+ |
POA |
Additional Fees
| Property is leasehold |
£150 |
Additional Fees are payable on top of the Basic Sale Fee where extra work is required. They are only payable if relevant, for example, if the property is leasehold an additional £150 +VAT will be payable. |
| Redemption of mortgage (per mortgage) |
£50 |
| Money transfer fee (per transfer) |
£30 |
| Sale of part |
£350 |
| Unregistered Title |
£100 |
| Shared Ownership Property |
£350 |
| Key undertaking |
£100 |
| |
|
|
Disbursements
| Land Registry documents |
£6+ |
Disbursements are costs that are incurred throughout the sale process, that are charged at cost price to the client. These will vary depending on the transaction.
|
| |
|
| |
|
| |
|
Other Points to Note:
In addition to the costs listed above on a sale there may also be third party costs you should consider such as agent’s fees and lender’s redemption fees.
PURCHASE
Basic Purchase Fee
| Property Value: |
Our Fees: |
The Basic Purchase Fee is applicable to all purchase transactions and is based on a sliding scale, determined by the property’s market value.
The Basic Purchase Fee covers the standard conveyancing work required when selling a property.
|
| £0 - £100,000 |
£800 |
| £100,001 – £200,000 |
£900 |
| £200,001 - £300,000 |
£1,000 |
| £300,001 - £400,000 |
£1,100 |
| £400,001 - £500,000 |
£1,200 |
| £500,001 - £700,000 |
£1,300 |
| £700,001 - £900,000 |
£1,400 |
| £900,001 - £1,100,000 |
£1,500 |
| £1,100,001 - £1,250,000 |
£1,600 |
| £1,250,000+ |
POA |
Additional Fees
| Property is leasehold |
£200 |
Additional Fees are payable on top of the Basic Purchase Fee where extra work is required. They are only payable if relevant, for example, if the property title is not registered at HM Land Registry, an additional fee of £100+VAT will be payable.
|
| Acting for your lender |
£150 |
| Dealing with third party solicitor (i.e. lender solicitors) |
£250 |
| Second title |
£250 |
| Gifted deposit (per gift) |
£275 |
| New Build |
£350 |
| Help to Buy funding |
£250 |
| Restriction on the title |
£75 |
| Auction purchase |
£250 |
| Transfer of part |
£350 |
| Money transfer fee (per transfer) |
£30 |
| Shared ownership/right to buy |
£350 |
| Key undertaking |
£100 |
| Unregistered Title |
£100 |
Disbursements
| Searches |
£300
|
Disbursements are costs that are incurred throughout the buying process, that are charged at cost price to the client. These will vary depending on the transaction.
|
| Land Registry fees |
Variable based on a sliding scale dependant on the property value
|
| Stamp Duty Land Tax/ Land Transaction Tax |
Variable based on a sliding scale dependant on the property value
|
| Official Search |
£3 |
| Bankruptcy Search |
£2 per search |
| |
|
Other Points to Note:
In addition to the costs listed above on a sale there may also be third party costs you should consider such as freeholder and/or management company fees and lender’s arrangement fees.
Basic Remortgage Fee
The Basic Remortgage Fee is applicable to all remortgage transactions. The fee covers the remortgage of one title.
Basic Remortgage Fee £750.00
Additional Fees
| Property is leasehold |
£100 |
Additional Fees are payable on top of the Basic Remortgage Fee where extra work is required. They are only payable if relevant.
|
| Additional Title |
£250 |
| Restriction on title |
£100 |
| Money transfer fee (per transfer) |
£30 |
| Transfer of equity |
£250 |
Disbursements
| Searches |
£300 |
Disbursements are costs that are incurred throughout the remortgage process, that are charged at cost price to the client. These will vary depending on the transaction.
|
| No Search Insurance (instead of searches subject to lender consent) |
£15 - £150 based on property value |
| Land Registry fees and documents |
Variable based on a sliding scale dependant on the property value |
| Official SearchFreeholder notice fee (if applicable) |
Variable based on the terms of the lease. |
| Official Search of Whole |
£3 |
| |
Disclaimer:
We use a clear pricing policy, however, we reserve the right to increase the fees stated above if the transaction becomes particularly protracted or complex. We will always keep clients fully informed if this becomes necessary.
Fees correct as at December 2018