Lane & Co. Solicitors

Tel: 01242 524785

Fax: 01242 222784

Unit 52
Oakfield Close
GL20 8SD

Conveyancing Fees

Our fees cover all of the work* required to complete the purchase of your new home, including dealing with registration at the Land Registry and dealing with the payment of Stamp Duty Land Tax (Stamp Duty) if the property is in England, or Land Transaction Tax (Land Tax) if the property you wish to buy is in Wales.

Conveyancer's fees and disbursements

Referral fees are only charged in very exceptional circumstances. On the rare occasions this is the case, such fees will amount to no more than £100.00 + VAT, payable to introducing agents and you will be given notice of this before you agree to instruct us.

Disbursements are costs related to your matter that are payable to third parties, such as Land Registry fees. We handle the payment of the disbursements on your behalf to ensure a smoother process.

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.

When purchasing a new-build property from a developer, you will usually be required to pay to the builder’s solicitors a fee for preparing the necessary documents, on average £200+VAT.

How long will my house purchase take?

How long it will take from your offer being accepted until you can move in to your house will depend on a number of factors. The average process takes approximately 3 months.

It can be quicker or slower, depending on the parties in the chain. For example, if you are a first-time buyer, purchasing a new build property with a mortgage in principle, it could take 6 weeks, or of course longer if it hasn’t yet been built!

Stages of the process

The precise stages involved in the purchase of a residential property vary according to the circumstances. However, below we have suggested some key stages that you may wish to include:

When purchasing a leasehold property, a good deal of additional work is usually required. This again depends upon the nature of the particular transaction, but on average our costs will increase by £200.00 + VAT and the following disbursements may be incurred:

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.

If you are selling a leasehold property with a management company, you may well be required to pay for a management company pack, detailing insurance, service charge history and a wide range of other matters. Management companies often charge over £300.00 + VAT for this service.

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 as soon as this we receive this information.

The fees we have estimated for leasehold work assume the following:

If you wish to use an online quote calculator for residential conveyancing