Price and service information
Conveyancing Price List 2019
Fixed Fees (ex VAT)
|Fixed Fees (ex VAT)||Sale £s||Purchase £s||Re-mortgage £s||Transfer of Ownership £s|
|Up to 299,999||725||775||675||500|
|300,000 – 499,999||795||825||675||500|
|500,000 – 999,999||875||925||675||500|
|First Time Buyer (Up to £299,999)||-||695||-||-|
Extra Charges (ex VAT)
|Help to Buy ISA||£50|
|Help to Buy Scheme||£50|
|Gifted Family Purchase Funding||£100|
|3rd Party Purchase Funding||£100|
|Declaration of Trust||£150|
|Other Deed||On enquiry, based on £200 per hour|
|Obtaining Indemnity policy||£25 per policy for self-issue
For bespoke, up to £100
|Supplement for liaising with 3rd party firm||£150|
|HMRC return to secure SDLT refund||£50|
|Overseas purchasers’ ID and Money Laundering||£650|
|Abortive Fee||50% of quoted fee|
|SDLT return for purchaser(s) with interest in another property||£75*|
|Completion of Stamp Duty Return||£50|
|Surrender and re-grant of Lease where part of sale or purchase||On enquiry, based on hourly rate of £200|
|Surrender and re-grant of Lease where not part of sale or purchase||On enquiry, based on hourly rate of £200|
Reductions (ex VAT) **
*Subject to advice to refer to specialist accountant where appropriate
**Where a surrender and re-grant is required reduction does NOT apply (see also fee scale above)
To obtain a Grant of Probate (non-taxable Estate):
Work involved – We will have a meeting with you, advise you on your obligations as an Executor, notify all companies of the death, organise valuations of assets and liabilities, organise payment of funeral expenses, prepare a statement detailing the Estate value, prepare the inheritance tax return and Oath for Executors, have another meeting with you to sign the paperwork and swear the Oath. We will send the application to the Probate Registry and obtain the Grant of Probate for you. You can then administer the Estate yourself. We can quote if you decide you would prefer us to carry on with the administration.
Typical price is a fixed fee of £1,500 plus VAT however we will provide a bespoke quote tailored to you when we have our initial meeting and have looked through exactly what the particular Estate requires.
There is a Probate Court fee of £155 and an additional 50p for each sealed copy of the Grant that is required.
Obtain a Grant of Probate (taxable Estate):
The service would be the same however typically there are more assets involved and a full inheritance tax account is required which necessitates more work as every value must be accurate to comply with HMRC’s requirements. We would also organise payment of the inheritance tax and calculate it.
A typical price would therefore start at £3,000 plus VAT but we would provide a bespoke quote tailored to each Estate’s individual requirements at our initial meeting as it is important to us that we achieve a price that we are all happy with. .
Administering the Estate (non-taxable):
Service is: Initial meeting, go through deceased’s personal papers. Advise you of your duties as an Executor. Notify all companies of the death, organise valuations of all assets and liabilities. Organise payment of the funeral expenses. Notify all beneficiaries of the gifts they have been left and identify them. Keep the Beneficiaries updated throughout the Etate administration. Organise insurance renewals. Prepare a statement valuing the Estate. Prepare the inheritance tax return and Oath for Executors. Prepare forms to close or transfer the assets. Have a meeting to go through all paperwork. Obtain the Grant of Probate.
Register the Grant with the asset holders. Organise closure or transfer of the assets. Pay all liabilities. Pay any cash gifts. Prepare a full set of Estate Accounts. Assess whether any income tax or capital gains tax is payable. Distribute and finalise the Estate. Correspondence throughout.
Typical price – £3,000 – £5,000 plus VAT
A taxable Estate will be more expensive and typical prices can range from £6,000 – £15,000 plus VAT.
A taxable Estate is more expensive as they often involve more assets, it is necessary to organise payment of the inheritance tax, calculate the inheritance tax, apply any exemptions and reliefs. We also advise on capital gains tax as often investments are involved and we can mitigate any capital gains tax liability by using the Beneficiaries’ annual exemptions.
Please note where we are Executors we charge an additional fixed fee of £500 plus VAT. We also charge a fixed fee of £300 plus VAT to register the death.