Fixed Fee Residential Conveyancing

Purchase of freehold property

Our fees include all legal work involved in the purchase of your new home. The total fee is made up of two elements:

  • JMW’s fees;
  • Fees payable to third parties (known as ‘disbursements’).
  • We always provide a fixed fee quote at the outset, based on numerous factors including the property value and location; the work we believe will be involved and any additional information you provide.

    Once we have further information about our clients and their circumstances, plus the property itself, we are usually in a position to update the breakdown of any anticipated disbursements and additional fees.

    A summary of our fees is set out below.

    JMW Solicitors LLP professional fees Cost + VAT
    Legal Fees £450.00 - £1500.00 +VAT
    Additional fees which include JMW's administration costs
    Mortgage Fee (if applicable) £100.00 - £250.00 + VAT
    Fee for Land Tax Form Completion £75.00 + VAT
    Bank transfer Fee £35.00 + VAT
    ID search admin Fee £5.00 + VAT
    Lawyer Checker Fee £15.00 + VAT
    Disbursements (expenses we incur on your behalf)
    Land Registry Registration Fee £135.00
    Search Fees from £186.00
    Bankruptcy Fee £2.00 + VAT
    Land Registry Searches £3.00 + VAT
    Total £1,036.00
    VAT £137.00
    Total Fees inc. VAT and Disbursements from £1,133.00


    The estimates above do not include stamp duty or land tax, which may be payable depending on the purchase price of your property and whether it is your primary residence. 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.

    Additional fees may be payable depending on the nature property, the complexity of the transaction or the work you ask us to carry out. Examples of additional fees are as follows:

    • Notice of transfer fee (may be chargeable under the lease)
    • Notice of charge fee (applies if the property is to be mortgaged and is set out in the lease)
    • Deed of covenant fee (charged by the management company)
    • Certificate of compliance fee (may be chargeable under the lease)
    • If your lender makes detailed instructions requiring us to deal with matters other than those relating to the title to the property
    • If your lender instructs another conveyancer to act for them
    • If the lender requires anything other than a simple certificate of title (a simple certificate of title is standard with most lenders) in order to release the mortgage funds
    • If a trust document is required
    • If there is a defect in the property title which requires remedying prior to completion
    • Purchase by a limited company or if personal guarantees are required
    • If the property is new build or shared ownership
    • If help to buy or a help to buy ISA or Lifetime ISA
    • If the property is a House in Multiple Occupation

Assumptions

Our fee estimate 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.

Stages of the process

Below is an overview of the various stages during a purchase transaction:

    • Take your instructions and give you initial advice
    • Check finances are in place to fund purchase and contact lender's solicitors if applicable
    • Receive and advise on contract documents
    • Carry out searches
    • Obtain further planning documentation if required
    • Make any necessary enquiries of seller's solicitor
    • Give you advice on all documents and information received
    • Go through conditions of mortgage offer with you
    • Send final contract to you for signature
    • Agree 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 any lender
    • Complete purchase
    • Deal with payment of Stamp Duty/Land Tax
    • Deal with application for registration at Land Registry

Services excluded

Our service will not include any of the following:

    • Advice on the value of the property.
    • Advice on the suitability of your mortgage or any other financial arrangements.
    • A physical inspection of the property.
    • Advice on any planning implications unless instructed to do so which may be subject to additional charges.
    • Checks on the property to ensure that it has been built in accordance with any planning permissions granted.
    • Advice on any search result findings that identify contaminated land, fracking sites or other environmental issues.
    • Advice on tax (other than SDLT).

Purchase of leasehold property

Our fees include all legal work involved in the purchase of your new home. The total fee is made up of two elements:

  • JMW's fees;
  • Fees payable to third parties (known as disbursements)

We always provide a fixed fee quote at the outset, based on numerous factors including the property value and location; the work we believe will be involved and any additional information you provide.

Once we have further information about our clients and their circumstances, plus the property itself, we are usually in a position to update the breakdown of any anticipated disbursements and additional fees.

A summary of our fees is set out below.

JMW Solicitors LLP professional fees Cost + VAT
Legal Fees £450.00 - £1500.00 +VAT
Additional fees which include JMW's administration costs
Leasehold £100.00 - £250.00 + VAT
Mortgage Fee (if applicable) £100.00 - £250.00 + VAT
Fee for Land Tax Form Completion £75.00 + VAT
Bank transfer Fee £35.00 + VAT
ID search admin Fee £5.00 + VAT
Lawyer Checker Fee £15.00 + VAT
Disbursements (expenses we incur on your behalf)
Land Registry Registration Fee £135.00
Search Fees from £186.00
Bankruptcy Fee £2.00 + VAT
Land Registry Searches £3.00 + VAT
Total £1,136.00
VAT £157.00
Total Fees inc. VAT and Disbursements from £1,253.00


The estimates above do not include stamp duty or land tax, which may be payable depending on the purchase price of your property and whether it is your primary residence. 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.

Additional fees may be payable depending on the nature property, the complexity of the transaction or the work you ask us to carry out.

*These fees vary from property to property and can on occasion be significantly more than the ranges given above. We can give you an accurate figure once we have sight of your specific documents.

You should also be aware that ground rent and service charge are likely to apply throughout your ownership of the property. We will confirm the ground rent and the anticipated service charge when we report to you on the terms of the lease and contract.

Assumptions

Our fee estimate 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 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.

Stages of the process

Below is an overview of the various stages during a purchase transaction:

    • Take your instructions and give you initial advice
    • Check finances are in place to fund purchase and contact lender's solicitors if applicable
    • Receive and advise on contract documents
    • Carry out searches
    • Obtain further planning documentation if required
    • Make any necessary enquiries of seller's solicitor
    • Give you advice on all documents and information received
    • Go through conditions of mortgage offer
    • Send final contract to you for signature
    • Draft Transfer
    • Advise you on joint ownership
    • Obtain pre-completion searches
    • Agree 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 any lender
    • Complete purchase
    • Deal with payment of Stamp Duty/Land Tax
    • Deal with application for registration at Land Registry.

Services excluded

    Our service will not include any of the following:

    • Advice on the value of the property.
    • Advice on the suitability of your mortgage or any other financial arrangements.
    • A physical inspection of the property.
    • Advice on any planning implications unless instructed to do so which may be subject to additional charges.
    • Checks on the property to ensure that it has been built in accordance with any planning permissions granted.
    • Advice on any search result findings that identify contaminated land, fracking sites or other environmental issues.
    • Advice on tax (other than SDLT).

Sale of property

Our fees include all legal work involved in the sale of your home. The total fee is made up of two elements:

  • JMW's fees;
  • Fees payable to third parties (known as 'disbursements').

We always provide a fixed fee quote at the outset, based on numerous factors including the property value and location; the work we believe will be involved and any additional information you provide.

Once we have further information about our clients and their circumstances, plus the property itself, we are usually in a position to update the breakdown of any anticipated disbursements and additional fees.

A summary of our fees is set out below:

    JMW Solicitors LLP professional fees Cost + VAT
    JMW Solicitors LLP Professional Fees £400.00 - £1500.00 + VAT
    Bank transfer fee £35.00 + VAT
    ID search admin fee £5.00 + VAT
    Disbursements (expenses we incur on your behalf)
    Official copy entries from Land Registry £6.00 + VAT
    Total £446.00
    VAT £89.20
    Total Fees inc. VAT and Disbursements £535.20

Additional fees may be payable depending on the nature property, the complexity of the transaction or the work you ask us to carry out. Examples include:

    • If there is a defect in the property title which requires remedying prior to completion
    • If we are required to discharge more than one mortgage or loan on the property
    • If we are required to obtain retrospective approval to any alterations to a property or obtain an insurance indemnity policy in relation to any problem concerning the transaction

Assumptions

    Our fee estimate 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
    • consent is not required from others in order for you to sell the property
    • 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.

Stages of the process

    Below is an overview of the various stages during a sale transaction:

    • Take your instructions and give you initial advice.
    • Check the title of the property you are selling.
    • Obtaining redemption figures from any lenders
    • Prepare documents, the contract of sale and deeds relating to your sale.
    • Dealing with questions and enquiries raised by conveyancers acting for the buyer(s)
    • Reporting and providing information to you relating to the property you are selling.
    • Exchanging contracts following any necessary negotiations on the terms.
    • Approving the transfer deed from the buyer(s)’ solicitors.
    • Completing your sale and accounting to you for the proceeds or receiving from you any monies required to complete the sale.
    • Dealing with all post-completion matters, particularly repaying any outstanding mortgages or loans.

Services excluded

    Our service will not include any of the following:

    • Advice on the value of the property.
    • A physical inspection of the property.
    • Checks on the property to ensure that it has been built in accordance with any planning permissions granted.
    • Advice on tax (other than SDLT).

Remortgage of property

Our fees include all legal work involved in the remortgage of your home. The total fee is made up of two elements:

  • JMW's fees;
  • Fees payable to third parties known as 'disbursements').

We always provide a fixed fee quote at the outset, based on numerous factors including the property value and location; the work we believe will be involved and any additional information you provide.

Once we have further information about our clients and their circumstances, plus the property itself, we are usually in a position to update the breakdown of any anticipated disbursements and additional fees.

A summary of our fees is set out below:

      JMW Solicitors LLP professional fees Cost + VAT
      JMW Solicitors LLP Professional Fees £250.00 - £1500.00 + VAT
      Telegraphic Transfer Fee £35.00 + VAT
      ID Fee £5.00 + VAT
      Disbursements (expenses we incur on your behalf)
      Search Indemnity Fee £33.60
      Office Copy Entries £6.00 + VAT
      Land Registry Searches £3.00 + VAT
      Land Registry Registration Fee £20.00
      Bankruptcy Fee £2.00 + VAT
      Total £354.60
      VAT £60.20
      Total Fees inc VAT and Disbursements £414.80

Additional fees may be payable depending on the nature property, the complexity of the transaction or the work you ask us to carry out. Examples include:

    • your lender makes detailed instructions requiring us to deal with matters other than those relating to the title to the property
    • your lender instructs another conveyancer to act for them
    • your lender requires anything other than a simple certificate of title (a simple certificate of title is standard with most lenders) in order to release the mortgage funds
    • a trust document is required
    • there is a defect in the property title which requires remedying prior to completion.

Assumptions

    Our fee estimate 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.

Stages of the process

    Below is an overview of the various stages during a purchase transaction:

    • Take your instructions and give you initial advice.
    • Obtaining your title deeds.
    • Checking the title of your property.
    • Carrying out a Local Authority search if required by your lender.
    • Acting on your mortgage lender’s instructions.
    • Explaining the terms of your mortgage to you.
    • Preparing the mortgage and other documents and obtaining your signature to them where appropriate.
    • Reporting to the mortgage company and obtaining the mortgage advance.
    • Completing the remortgage. This is the date when the old mortgage will be repaid and the new mortgage will commence.
    • Registering the transaction with the Land Registry.
    • Forwarding the title documents to the mortgage company and accounting to you for any money held on your behalf.

Services excluded

    Our service will not include any of the following:

    • Advice on the value of the property.
    • Advice on the suitability of your mortgage or any other financial arrangements.
    • A physical inspection of the property.
    • Advice on any planning implications unless instructed to do so which may be subject to additional charges.
    • Checks on the property to ensure that it has been built in accordance with any planning permissions granted.
    • Advice on any search result findings that identify contaminated land, fracking sites or other environmental issues.
    • Advice on tax (other than SDLT).

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