Pricing – Residential Property

Untitled Document

Service
Freehold Sale Less than £300,000
Total cost	£1,135-£1,300 plus VAT @ 20%
Basis for charges – hourly rate or fixed fees or combination of both	Fixed fee
Experience and qualifications of those carrying out the service	Find out more
Experience and qualifications of the Supervisors	Find out more
Description of and cost of likely disbursements or average cost or range of costs	“OC1” form please refer to: Find out more Bank Fee (Per Transfer) – £34 plus VAT (Palmers administration fee) £6 plus VAT (Bank Fee) Customer Due Diligence Checks: e-Verification fee of £15.00 + VAT at 20% per anti-money laundering search Source of Funds of £15 + VAT at 20% Know-Your Business fee of £30 + VAT at 20% in addition to any e-Verification or Search of Funds required
Key stages of the matter and likely timescales for each stage	10 – 16 weeks
Freehold Sale £300,001 - £600,000
Total cost	£1,425-£1,800 plus VAT @ 20%
Basis for charges – hourly rate or fixed fees or combination of both	Fixed fee
Experience and qualifications of those carrying out the service	Find out more
Experience and qualifications of the Supervisors	Find out more
Description of and cost of likely disbursements or average cost or range of costs	“OC1” form please refer to: Find out more Bank Fee (Per Transfer) – £34 plus VAT (Palmers administration fee) £6 plus VAT (Bank Fee) Customer Due Diligence Checks: e-Verification fee of £15.00 + VAT at 20% per anti-money laundering search Source of Funds of £15 + VAT at 20% Know-Your Business fee of £30 + VAT at 20% in addition to any e-Verification or Search of Funds required
Key stages of the matter and likely timescales for each stage	10 – 16 weeks
Freehold sale £600,001 - £900,000
Total cost	£1,875-£2,700 plus VAT @ 20%
Basis for charges – hourly rate or fixed fees or combination of both	Fixed fee
Experience and qualifications of those carrying out the service	Find out more
Experience and qualifications of the Supervisors	Find out more
Description of and cost of likely disbursements or average cost or range of costs	“OC1” form please refer to: Find out more Bank Fee (Per Transfer) – £34 plus VAT (Palmers administration fee) £6 plus VAT (Bank Fee) Customer Due Diligence Checks: e-Verification fee of £15.00 + VAT at 20% per anti-money laundering search Source of Funds of £15 + VAT at 20% Know-Your Business fee of £30 + VAT at 20% in addition to any e-Verification or Search of Funds required
Key stages of the matter and likely timescales for each stage	10 – 16 weeks
Freehold sale £900,001 +
Total cost	£2,825 or 0.25% Of Price (which ever is the higher) plus VAT @ 20%
Basis for charges – hourly rate or fixed fees or combination of both	Fixed fee
Experience and qualifications of those carrying out the service	Find out more
Experience and qualifications of the Supervisors	Find out more
Description of and cost of likely disbursements or average cost or range of costs	“OC1” form please refer to: Find out more Bank Fee (Per Transfer) – £34 plus VAT (Palmers administration fee) £6 plus VAT (Bank Fee) Customer Due Diligence Checks: e-Verification fee of £15.00 + VAT at 20% per anti-money laundering search Source of Funds of £15 + VAT at 20% Know-Your Business fee of £30 + VAT at 20% in addition to any e-Verification or Search of Funds required
Key stages of the matter and likely timescales for each stage	10 – 16 weeks
Freehold purchase Less than £300,000
Total cost	£1,185 - £1,400 plus VAT @ 20%
Basis for charges – hourly rate or fixed fees or combination of both	Fixed fee
Experience and qualifications of those carrying out the service	Find out more
Experience and qualifications of the Supervisors	Find out more
Description of and cost of likely disbursements or average cost or range of costs	Search disbursements determined by locality Stamp Duty Find out more Bank Fee (Per Transfer) – £34 plus VAT (Palmers administration fee) £6 plus VAT (Bank Fee) Customer Due Diligence Checks: e-Verification fee of £15.00 + VAT at 20% per anti-money laundering search Source of Funds of £15 + VAT at 20% Know-Your Business fee of £30 + VAT at 20% in addition to any e-Verification or Search of Funds required Land registration fee (Scale 1 fee); Priority Search and Bankruptcy Search: Any combination of these disbursements can vary between £6 to £500 + VAT at 20% (where applicable)
Key stages of the matter and likely timescales for each stage	10 – 16 weeks
Freehold Purchase £300,001 - £600,000
Total cost	£1,475-£1,950 plus VAT @ 20%
Basis for charges – hourly rate or fixed fees or combination of both	Fixed fee
Experience and qualifications of those carrying out the service	Find out more
Experience and qualifications of the Supervisors	Find out more
Description of and cost of likely disbursements or average cost or range of costs	Search disbursements determined by locality Stamp Duty Find out more Bank Fee (Per Transfer) – £34 plus VAT (Palmers administration fee) £6 plus VAT (Bank Fee) Customer Due Diligence Checks: e-Verification fee of £15.00 + VAT at 20% per anti-money laundering search Source of Funds of £15 + VAT at 20% Know-Your Business fee of £30 + VAT at 20% in addition to any e-Verification or Search of Funds required Land registration fee (Scale 1 fee); Priority Search and Bankruptcy Search: Any combination of these disbursements can vary between £6 to £500 + VAT at 20% (where applicable)
Key stages of the matter and likely timescales for each stage	10 – 16 weeks
Freehold Purchase £600,001 - £900,000
Total cost	£1,975-£2,800 plus VAT @ 20%
Basis for charges – hourly rate or fixed fees or combination of both	Fixed fee
Experience and qualifications of those carrying out the service	Find out more
Experience and qualifications of the Supervisors	Find out more
Description of and cost of likely disbursements or average cost or range of costs	Search disbursements determined by locality Stamp Duty Find out more Bank Fee (Per Transfer) – £34 plus VAT (Palmers administration fee) £6 plus VAT (Bank Fee) Customer Due Diligence Checks: e-Verification fee of £15.00 + VAT at 20% per anti-money laundering search Source of Funds of £15 + VAT at 20% Know-Your Business fee of £30 + VAT at 20% in addition to any e-Verification or Search of Funds required Land registration fee (Scale 1 fee); Priority Search and Bankruptcy Search: Any combination of these disbursements can vary between £6 to £500 + VAT at 20% (where applicable)
Key stages of the matter and likely timescales for each stage	10 – 16 weeks
Freehold Purchase £900,000 +
Total cost	£2,925 or 0.25% Of Price (which ever is the higher) plus VAT @ 20%
Basis for charges – hourly rate or fixed fees or combination of both	Fixed fee
Experience and qualifications of those carrying out the service	Find out more
Experience and qualifications of the Supervisors	Find out more
Description of and cost of likely disbursements or average cost or range of costs	Search disbursements determined by locality Stamp Duty Find out more Bank Fee (Per Transfer) – £34 plus VAT (Palmers administration fee) £6 plus VAT (Bank Fee) Customer Due Diligence Checks: e-Verification fee of £15.00 + VAT at 20% per anti-money laundering search Source of Funds of £15 + VAT at 20% Know-Your Business fee of £30 + VAT at 20% in addition to any e-Verification or Search of Funds required Land registration fee (Scale 1 fee); Priority Search and Bankruptcy Search: Any combination of these disbursements can vary between £6 to £500 + VAT at 20% (where applicable)
Key stages of the matter and likely timescales for each stage	10 – 16 weeks
Leasehold Sale Less than £300,000
Total cost	£1,185 - £1,500 plus VAT @ 20%
Basis for charges – hourly rate or fixed fees or combination of both	Fixed fee
Experience and qualifications of those carrying out the service	Find out more
Experience and qualifications of the Supervisors	Find out more
Description of and cost of likely disbursements or average cost or range of costs	“OC1” form please refer to: Find out more Bank Fee (Per Transfer) – £34 plus VAT (Palmers administration fee) £6 plus VAT (Bank Fee) Customer Due Diligence Checks: e-Verification fee of £15.00 + VAT at 20% per anti-money laundering search Source of Funds of £15 + VAT at 20% Know-Your Business fee of £30 + VAT at 20% in addition to any e-Verification or Search of Funds required
Key stages of the matter and likely timescales for each stage	10 – 16 weeks
Leasehold Sale £300,001 - £600,000
Total cost	£1,525-£1,900 plus VAT @ 20%
Basis for charges – hourly rate or fixed fees or combination of both	Fixed fee
Experience and qualifications of those carrying out the service	Find out more
Experience and qualifications of the Supervisors	Find out more
Description of and cost of likely disbursements or average cost or range of costs	“OC1” form please refer to: Find out more Bank Fee (Per Transfer) – £34 plus VAT (Palmers administration fee) £6 plus VAT (Bank Fee) Customer Due Diligence Checks: e-Verification fee of £15.00 + VAT at 20% per anti-money laundering search Source of Funds of £15 + VAT at 20% Know-Your Business fee of £30 + VAT at 20% in addition to any e-Verification or Search of Funds required
Key stages of the matter and likely timescales for each stage	10 – 16 weeks
Leasehold Sale £600,001 - £900,000
Total cost	£1,925-£2,700 plus VAT @ 20%
Basis for charges – hourly rate or fixed fees or combination of both	Fixed fee
Experience and qualifications of those carrying out the service	Find out more
Experience and qualifications of the Supervisors	Find out more
Description of and cost of likely disbursements or average cost or range of costs	“OC1” form please refer to: Find out more Bank Fee (Per Transfer) – £34 plus VAT (Palmers administration fee) £6 plus VAT (Bank Fee) Customer Due Diligence Checks: e-Verification fee of £15.00 + VAT at 20% per anti-money laundering search Source of Funds of £15 + VAT at 20% Know-Your Business fee of £30 + VAT at 20% in addition to any e-Verification or Search of Funds required
Key stages of the matter and likely timescales for each stage	10 – 16 weeks
Leasehold Sale £900,000 +
Total cost	£2,825 or 0.25% Of Price (which ever is the higher) plus VAT @ 20%
Basis for charges – hourly rate or fixed fees or combination of both	Fixed fee
Experience and qualifications of those carrying out the service	Find out more
Experience and qualifications of the Supervisors	Find out more
Description of and cost of likely disbursements or average cost or range of costs	“OC1” form please refer to: Find out more Bank Fee (Per Transfer) – £34 plus VAT (Palmers administration fee) £6 plus VAT (Bank Fee) Customer Due Diligence Checks: e-Verification fee of £15.00 + VAT at 20% per anti-money laundering search Source of Funds of £15 + VAT at 20% Know-Your Business fee of £30 + VAT at 20% in addition to any e-Verification or Search of Funds required
Key stages of the matter and likely timescales for each stage	10 – 16 weeks
Leasehold Purchase Less than £300,000
Total cost	£1,235- £1,500 plus VAT @ 20%
Basis for charges – hourly rate or fixed fees or combination of both	Fixed fee
Experience and qualifications of those carrying out the service	Find out more
Experience and qualifications of the Supervisors	Find out more
Description of and cost of likely disbursements or average cost or range of costs	Search disbursements determined by locality Stamp Duty Find out more Bank Fee (Per Transfer) – £34 plus VAT (Palmers administration fee) £6 plus VAT (Bank Fee) Customer Due Diligence Checks: e-Verification fee of £15.00 + VAT at 20% per anti-money laundering search Source of Funds of £15 + VAT at 20% Know-Your Business fee of £30 + VAT at 20% in addition to any e-Verification or Search of Funds required Land registration fee (Scale 1 fee); Priority Search and Bankruptcy Search: Any combination of these disbursements can vary between £6 to £500 + VAT at 20% (where applicable)
Key stages of the matter and likely timescales for each stage	10 – 16 weeks
Leasehold Purchase £300,001 - £600,000
Total cost	£1,575-£1,950 plus VAT @ 20%
Basis for charges – hourly rate or fixed fees or combination of both	Fixed fee
Experience and qualifications of those carrying out the service	Find out more
Experience and qualifications of the Supervisors	Find out more
Description of and cost of likely disbursements or average cost or range of costs	Search disbursements determined by locality Stamp Duty Find out more Bank Fee (Per Transfer) – £34 plus VAT (Palmers administration fee) £6 plus VAT (Bank Fee) Customer Due Diligence Checks: e-Verification fee of £15.00 + VAT at 20% per anti-money laundering search Source of Funds of £15 + VAT at 20% Know-Your Business fee of £30 + VAT at 20% in addition to any e-Verification or Search of Funds required Land registration fee (Scale 1 fee); Priority Search and Bankruptcy Search: Any combination of these disbursements can vary between £6 to £500 + VAT at 20% (where applicable)
Key stages of the matter and likely timescales for each stage	10 – 16 weeks
Leasehold Purchase £600,001 - £900,000
Total cost	£1,975-£2,800 plus VAT @ 20%
Basis for charges – hourly rate or fixed fees or combination of both	Fixed fee
Experience and qualifications of those carrying out the service	Find out more
Experience and qualifications of the Supervisors	Find out more
Description of and cost of likely disbursements or average cost or range of costs	Search disbursements determined by locality Stamp Duty Find out more Bank Fee (Per Transfer) – £34 plus VAT (Palmers administration fee) £6 plus VAT (Bank Fee) Customer Due Diligence Checks: e-Verification fee of £15.00 + VAT at 20% per anti-money laundering search Source of Funds of £15 + VAT at 20% Know-Your Business fee of £30 + VAT at 20% in addition to any e-Verification or Search of Funds required Land registration fee (Scale 1 fee); Priority Search and Bankruptcy Search: Any combination of these disbursements can vary between £6 to £500 + VAT at 20% (where applicable)
Key stages of the matter and likely timescales for each stage	10 – 16 weeks
Leasehold Purchase £900,001 +
Total cost	£2,925 or 0.25% Of Price (which ever is the higher) plus VAT @ 20%
Basis for charges – hourly rate or fixed fees or combination of both	Fixed fee
Experience and qualifications of those carrying out the service	Find out more
Experience and qualifications of the Supervisors	Find out more
Description of and cost of likely disbursements or average cost or range of costs	Search disbursements determined by locality Stamp Duty Find out more Bank Fee (Per Transfer) – £34 plus VAT (Palmers administration fee) £6 plus VAT (Bank Fee) Customer Due Diligence Checks: e-Verification fee of £15.00 + VAT at 20% per anti-money laundering search Source of Funds of £15 + VAT at 20% Know-Your Business fee of £30 + VAT at 20% in addition to any e-Verification or Search of Funds required Land registration fee (Scale 1 fee); Priority Search and Bankruptcy Search: Any combination of these disbursements can vary between £6 to £500 + VAT at 20% (where applicable)
Key stages of the matter and likely timescales for each stage	10 – 16 weeks
Mortgage or re-mortgage
Total cost	£995 plus VAT @ 20%
Basis for charges – hourly rate or fixed fees or combination of both	Fixed fee
Experience and qualifications of those carrying out the service	Find out more
Experience and qualifications of the Supervisors	Find out more
Description of and cost of likely disbursements or average cost or range of costs	Search disbursements determined by locality Stamp Duty Find out more Bank Fee (Per Transfer) – £34 plus VAT (Palmers administration fee) £6 plus VAT (Bank Fee) Customer Due Diligence Checks: e-Verification fee of £15.00 + VAT at 20% per anti-money laundering search Source of Funds of £15 + VAT at 20% Know-Your Business fee of £30 + VAT at 20% in addition to any e-Verification or Search of Funds required Land registration fee (Scale 1 fee); Priority Search and Bankruptcy Search: Any combination of these disbursements can vary between £6 to £500 + VAT at 20% (where applicable)

Note:-

Help To Buy Transactions – Will be subject to an additional charge not in excess of £500 plus VAT. Please contact the fee earner who will advise.

For Leasehold Transactions there will be a fee payable to both the Landlord and the Management Company. Your fee earner will advise during the transaction once they, in turn, have been advised.

Please note that our fees stated above are inclusive of mortgage redemption/new mortgage fees and the preparation of SDLT returns. These, and any other, inclusions will be fully itemised as appropriate within the formal, written, estimate of costs which we will send to you upon receipt of your formal enquiry.

Descriptive Example

We will:

Take your instructions and give you initial advice
Check finances are in place to fund purchase and contact lender’s solicitors if needed
Receive and advise on contract documents (purchase)
Issue contract documents (sale)
Carry out searches (purchase)
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 (purchase)
Advise you on joint ownership (purchase)
Send final contract to you for signature
Draft Transfer (purchase)
Obtain pre-completion searches (purchase)
Agree moving date
Exchange contracts and notify you that this has happened
Arrange for all monies needed to be received from lender (purchase)
Arrange for all monies needed to be received from you
Completion
Deal with completion formalities (leasehold transactions)
Deal with payment of Stamp Duty/Land Tax (purchase)
Deal with application for registration at Land Registry (purchase)