Residential Property

Our property lawyers deal with residential  property, freehold and leasehold. The firm has invaluable knowledge from its decades of acting in the local domestic market.

 

The main areas of work are:

  • Residential sales and purchases
  • Rights of way and easement
  • Matrimonial sales
  • Boundary disputes
  • New Build and Estate sales
  • Landlord & tenant matters.

 

When purchasing a property there are various aspects involved in the Purchase.

 

Our services are for a purchase will typically include :

(a)       investigating the title to the property, to include:

(i)    carrying out searches with respect to title and local   government information for the property;

(ii)        reviewing replies given by the seller to pre-contract                                  enquiries;

(b)       negotiating a purchase contract;

(c)       negotiating a transfer document;

(d)       advising you in respect of your mortgage offer;

(e)       preparing a report on title;

(f)       proceeding to exchange of contracts and then completion of the               purchase;

(g)       transferring funds by telegraphic transfer to the seller’s solicitors              and for relevant taxes;

(h)      calculating stamp duty land tax (SDLT) on the purchase and                     preparing and submitting to HM Revenue & Customs the                          appropriate  SDLT forms; and

(i)        registering the purchase and the mortgage at the Land Registry

 

There are various different aspects to consider with regard to the costs and expenses involved in a Purchase.

 

Conveyancers Fees

 

Our fee range are dependent on the value and complexity of the transaction and a detailed quote should be sought in relation to any transaction.

 

Purchase fees

 

Our Indicative fees  (exclusive of VAT) would be:

Price Band Freehold Fee Leasehold Fee
£0 -£150,000 £650 £750
£150,001 - £250,000 £725

£825

£250,001 - £500,000 £850 £950
£500,001 - £750,000 £1,000 £1,100
£750,001 - £1,000,000 £1,200 £1,350

 

In addition to the Conveyancer Fees there are other payments made in respect of the Conveyancing transaction by way of disbursements including search fees for the Local Authority, the Drainage Authorities and Environmental Searches

 

These fees may vary depending on the area but would typically be between £220.00-£300.00.

 

Land Registry Fees are also payable in connection with a Purchase at the rate determined by the Land Registry, and dependent on value.

 

We always seek to register electronically but some applications do require a full fee to be paid.

 

The Current Land Registry fee bands are as follows:-

Price Band Full Fee Electronic Fee
£0 - £80,000 £40 £20
£80,001 - £100,000 £80 £40
£100,001 - £200,000 £190 £95
£200,001 - £500,000 £270 £135
£500,001 - £1,000,000 £540 £270
£1,000,000 + £910 £455

In addition to the above then you will have to take into account the SDLT liability which again is dependent on the rate set by the Government but has to be paid within 14 days of Completion.

 

Please note that there are often other areas which become relevant for additional services that may apply and these would, for instance, include:

 

Scanning and file storage fee: £35 + VAT

Telegraphic Transfer fee: £25 + VAT

 

Please contact us for a detailed quote

Sale Fees

 

When selling a Property there are no search fees usually required although there are disbursements involved in obtaining copies of the title.

 

With leasehold sales there will usually be disbursements in obtaining copies of the Management Pack from the Landlord and Management Company. These  costs can  vary considerably and the cost of obtaining the Management Pack will be paid separately. 

Price Band Freehold Fee Leasehold Fee
£0 - £150,000 £650 £750
£150,001 - £250,000 £725 £825
£250,001 - £500,000 £825 £925
£500,001 - £750,000 £925 £1,025
£750,001 - £1,000,000  £1025 £1,125
£1,000,001 + Please contact us for a detailed quote

Contact us to arrange a meeting

Address

Luttons Dunford Solicitors
49 Brunswick Road
Gloucester

GL1 1JS

 

Tel: 01452 529751

 

Luttons Dunford Solicitors 

16 Imperial Square

Cheltenham

GL50 1QZ

 

Tel: 01242 588570

 

E-mail: info@luttonsdunford.co.uk

 



Or use our contact form.

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