Property Purchase
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.
We are required to charge VAT. VAT is a government tax that we are required to charge, and will usually be added at 20% to our fees and disbursements, except where we indicate the disbursements are outside the scope of VAT. The fees listed are our average fee ranges for a purchase transaction. The fee (including additional fees and disbursements) may vary depending on the source of the instruction, your solicitor’s experience and location, the property price and what work we are required to do.
Please note the fee range will vary depending on the work required. Please complete the form below for an immediate quote or contact us for a quote tailored to your particular transaction.
Our Residential and Commercial Conveyancing Team
Our team brings together over more than 10 years of combined experience in delivering high-quality legal services in all aspects of residential and commercial conveyancing. We have particular expertise in advising on high-value property purchase and sales. Your matter may be handled by any one of four team members, all of whom operate under the supervision of Raphael Newton, Director and Head of Residential and Commercial Conveyancing.
Raphael Newton – Director |COLP | COFA
Raphael Newton leads the department and has over 10 years of experience in Conveyancing, with a focus on Residential and Commercial conveyancing. Since qualifying in 2016, he has supported hundreds of individuals and families through the conveyancing process. Raphael Newton holds an Honours degree in Law from South Bank University. He completed her training contract at A.Vincent Solicitors and joined our firm in 2018, becoming a Director in 2018. He continues to develop his expertise through ongoing professional training in Residential and Commercial Conveyancing. He is also fluent in French, allowing him to assist a diverse range of clients.
Fadeke Oralusi – Senior Solicitor
Fadeke qualified as a solicitor in 2022, having studied at the BPP University achieving Graduate Diploma in Law and the Legal Practice Course. A longstanding member of our conveyancing team, Fadeke has extensive experience with complex residential and commercial conveyancing, having handled over a 100 such matters. She is also fluent in Yoruba, allowing her to assist a diverse range of clients.
Folake Coker – Director | Senior Solicitor
Folake has been part of our conveyancing team since qualifying as a solicitor in 2017. She holds a LLB Law degree from the London Metropolitan University of Sheffield and completed his legal training at the London Metropolitan University. Before joining us, John gained experience in residential conveyancing, probate, immigration, and commercial property. Since qualifying, he has successfully advised on over 100 residential and commercial matters and continues to build his specialism in this field.
Disbursement:
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.
Stage Of the Process
The precise stages involved in the sale of a residential property vary according to the circumstances; however below we have outlined the traditional stages we carry out on a standard sale.
Take your instructions and give you initial advice;
Check finances are in place to fund any related purchase (if applicable);
Respond to any pre contract enquiries;
Obtain a copy of the Title and prepare a contract to send to purchasers Solicitors;
Collate information on fixtures and fittings and send to purchasers Solicitors;
Respond to any raised enquiries;
Receive transfer and arrange signature with you;
Arrange an exchange and completion date;
Obtain redemption statement from any relevant Lender to settle any outstanding amount on the mortgage;
Transfer any remaining money from sale to the seller.
SDLT (Stamp Duty Land TAX) 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.
Time Duration
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 between 8-12 weeks. It can be quicker or slower, depending on the parties in the chain and the timeliness of each party’s responses and returning documents. For example, if you are a first-time buyer, purchasing a new build property with a mortgage in principle, it could take 8 weeks. However, if you are buying a leasehold property that requires an extension of the lease, this can take significantly longer, between 12 to 18 weeks. In such a situation additional charge would apply.
