Rawlins Davy (est. 1832) Solicitors & Mediators for Business and Private Clients.
Sale of a freehold residential property
Our fees cover all of the work required to complete the sale of your home. Legal fees are the charges that Rawlins Davy make for our time spent on the matter and are calculated according to the value of the property. Disbursements are costs related to your matter that are payable to third parties, such as for office copy entries. We handle the payment of the disbursements on your behalf to ensure a smoother process. Our scale of fees is set out below. Conveyancer’s fees and disbursements
Legal fees are calculated according to the value of the property.
|Up to £150,000||£900 plus VAT||Total £1080|
|£150,001 to £300,000||£925 plus VAT||Total £1110|
|£300,001 to £500,000||£950 plus VAT||Total £1140|
|£500,001 to £750,000||£1050 plus VAT||Total £1260|
|£750,001 to £1 million||£1500 plus VAT||Total £1800|
|In excess of £1 million||0.33% of purchase price plus VAT|
|Additional legal fee where sale includes discharging mortgage||£100 plus VAT Total||£120|
|Electronic money transfer fee||£30 plus VAT||Total £36|
|Office Copy Entries||£15|
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 HMRC’s website or if the property is located in Wales by using the Welsh Revenue Authority’s website here.
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 complication arise.
- all parties to the transaction are co-operative and there is no unreasonable delay from third parties providing documentation
- no indemnity policies are required. Additional disbursements may apply if indemnity policies are required.
Should one or more of the above arise we reserve the right to vary our fee from the scales above, but we will always seek your approval of any variation before additional fees are incurred.
To meet our residential property team please click below
For more information on Selling a Freehold Property, we have prepared an article which details how long a freehold property takes to sell.
What Our Clients Say About Our Services
Rawlins Davy have helped us with a number of business legal services - they are professional, friendly and extremely helpful. Would certainly recommend them as the best Solicitors in Bournemouth.
A huge thank you to Rosemary Bowman for the highly efficient and professional way she handled the conveyancing of my late mother's property. Would happily recommend her services to anyone wanting a top-class Solicitor.