Financial Remedy Proceedings Remitted to High Court
The Court of Appeal has set aside a financial remedy order in a divorce between a wealthy couple, finding that it was necessary for the case to be reheard. ...
Continue readingThank you for looking at our property services. We provide various services relating to property transactions including:-
- Remortgage
- Transfer of equity
- Staircase of shared ownership
- Lease extensions
- Freehold Enfranchisement
- Licence for alternation
- Licence to assign
This is not an exhaustive list. If you have any property transactions please feel free to contact us and we will advise you if we can act for you.
Costs
We typically work on a fixed fee basic, so that you know from the outset what your fees and costs will be for your transaction. If during the transaction there is a new development or an unanticipated work we will discuss the change of fees with you and agree prior to proceeding. This would usually occur if you change your instructions or your matter involves unforeseen complexity or additional work.
VAT will be payable on our fees and some disbursements, currently 20% and we will clearly confirm which disbursements carry VAT in our formal quotation or as we advise you to incur them.
| Item | Amount | VAT | Subtotal |
|---|---|---|---|
| Our Fees | |||
| Remortgage fee*
Secondary Lenders* Transfer of equity* Intermediate Staircasing (under 80%) / equity redemption* Final Staircasing* Final Staircasing along with sale Lease Extension (agreed) Lease Extension statutory
Deed of Variation Freehold Enfranchisement Licence for Alteration Licence to Assign Declaration of Trust Independent Legal Advice (Additional (per) Person ) (Additional (per) Documents)
* For properties with value over £750,000 fees may be higher please contact for specific costs |
£950
£1250 £850 £950
£1500 £750 £1500 £3000-£4000 (approximately) £1250 £2500 – £3500 £1250 £650 £650 £550 £150 £150
|
£190
£250 £170 £190
£300 £150 £300 TBC
£300 TBC £250 £130 £130 £110 £30 £30 |
£1140
£1500 £1020 £1140
£1800 £900 £1800 TBC
£1500 TBC £1500 £780 £780 £660 £180 £180
|
| Additional fees applicable to all
Land registry searches & due diligence Bank Transfer (per transfer |
£100 £45 |
£20 £9 |
£120 £54 |
If re-mortgaging as a corporate vehicle (re-mortgaging a residential property through a Limited company) there is a supplemental fee of £250.00 plus VAT (£300.00 Inc. VAT) plus £22.20 companies house filing fee. This is due to company’s house registration requirements and additional documents required for lending purposes.
Disbursements
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. We charge only the actual amount paid and do not add any service charge to these
| Disbursements | Amount | VAT | Subtotal |
|---|---|---|---|
| HM Land Registry Fee
SDLT Searches (Subject to VAT)
Indemnity Policies
|
As per HMLR Fee table based on value
https://www.gov.uk/guidance/hm-land-registry-registration-services-fees
If applicable as per HMRC rates If applicable
If applicable
|
||