Our Fees

We strive to be as clear about our fees as possible, and will never exceed an estimate without explaining why and getting authority to charge the extra fees. However, the nature of legal work means that in some cases we cannot predict what work will be involved or how other parties (or their lawyers) may act.  Further, we often have to incur expenses, such as search fees, that are fixed by other organisations, and these change from time to time or cannot always be assessed accurately at the outset. As a result, all figures given in respect of our fees and likely disbursements are estimates only and, on this website or during initial telephone conversations are general estimates that may not apply once details of a particular piece of work become clear.

If you want us to handle any work for you, we will always give you a written estimate (sometimes quoting a fixed fee) to replace the general information supplied here or by telephone.

All our fees are subject to the addition of VAT at the appropriate rate. Most disbursements are free of VAT

The following outlines our normal fees, but please speak to us about your specific circumstances, so we can tailor our service (and therefore our fees) to suit you.

RESIDENTIAL CONVEYANCING

Sales and purchases

Freeholds

  • For properties priced up to £250,000, we charge £995.
  • For properties priced between £250,001 and £500,000, our fee is £1,095;
  • between £500,001 and £750,000, it is £1,245;
  • between £750,001 and £1M, £1,495;
  • from £1,000,001 to £1.5M, £1,745;
  • above £1.5M, £1,995.

In each case, we also charge £35 for each same-day electronic funds transfer and all disbursements (payments we make on behalf of the client) that we incur.

We are happy to issue free detailed estimates without obligation, and guarantee there are no hidden extras.

All our fees are subject to the addition of VAT at the appropriate rate. Most disbursements are free of VAT

Leaseholds

Our fees are as for freehold properties plus an extra £500 for the substantial extra work that is involved

New builds

Our fees are as for freehold or leasehold properties (as appropriate) plus an extra £200 for the substantial extra paperwork that is involved and needs to be combed through

Mortgages

Where a mortgage is created at the same time as the property is purchased, we do not charge an extra. Because our business is so young, we are not yet members of the conveyancing panels for all lenders, but we have made arrangements with other firms to carry out the mortgage work in an efficient and co-operative way at no extra cost to the client.

For re-mortgages or mortgages not associated with a purchase, our fee structure is –

  • If there is no existing mortgage to redeem: £450
  • If there is an existing mortgage to redeem: £550

The disbursements are likely to be –

  • Local and drainage searches: £300 (budget figure) – though some lenders will accept indemnity insurance cover at a lower cost instead
  • Land Registry copy charges: £20 (budget figure)
  • Land Registry search fee: £4
  • Bankruptcy search fees: £2 per owner
  • Land Registry registration fee: £50 upwards, depending on the amount of the loan

Leasehold properties: add £200 and a further £10 for a copy of the lease and £75 for the landlord’s registration fee

All our fees are subject to the addition of VAT at the appropriate rate. Most disbursements are free of VAT

Auctions

Pre-auction investigation and report: £400 (£500 for leasehold property or property subject to a tenancy)

Post-auction conveyancing at a price under £40,000: £435

Post-auction conveyancing where the price is £40,000 or more: £635

All our fees are subject to the addition of VAT at the appropriate rate. Most disbursements are free of VAT

Transfers of equity

Our basic fee for dealing with a transfer of equity is £400, where no lenders are involved, no payment is being made by any party to the transfer and no searches or enquiries are required.

Additional charges apply in more complex circumstances –

  • Where there is an existing mortgage to continue, but still with no searches or enquiries required: £50
  • Where there is an existing mortgage to discharge: £50
  • Where a new mortgage is required: £150 (plus the cost of searches or search insurance, as required by the lender)
  • Where a leasehold property is involved: £100

All our fees are subject to the addition of VAT at the appropriate rate. Most disbursements are free of VAT

Residential tenancies

To review a draft assured shorthold tenancy agreement for the tenant: £200

To draft (or review) an assured shorthold tenancy agreement for the landlord: £500

All our fees are subject to the addition of VAT at the appropriate rate. Most disbursements are free of VAT

COMMERCIAL CONVEYANCING

Property sales and purchases

Our fees will usually be between £1,500 and £5000, depending on the circumstances.  Please speak to Malcolm McLean to discuss these and he will arrange to send you a written, detailed estimate.

In each case, we also charge £35 for each same-day electronic funds transfer and all disbursements (payments we make on behalf of the client) that we incur.

All our fees are subject to the addition of VAT at the appropriate rate. Most disbursements are free of VAT

Auctions:

Pre-auction investigation and report: £400 (£500 for leasehold property or property subject to a tenancy)

Post-auction conveyancing at a price under £40,000: £435

Post-auction conveyancing where the price is £40,000 or more: £635

All our fees are subject to the addition of VAT at the appropriate rate. Most disbursements are free of VAT

Non-property sales and purchases

Sales and purchases of business assets only, with no property involved: £1,200

New business leases

Review and report (only) on draft lease for the tenant: £500 to £600

The granting/taking of a short lease (up to 7 years): £1,000

The granting/taking of a short lease (up to 7 years) with no searches or enquiries required: £800

The granting/taking of a long lease (over 7 years): £1,200

All our fees are subject to the addition of VAT at the appropriate rate. Most disbursements are free of VAT

WILLS

Single simple Will: £150

A couple’s mirror Wills: £250

More complex Wills: to be discussed and agreed

All our fees are subject to the addition of VAT at the appropriate rate. Most disbursements are free of VAT

LASTING POWERS OF ATTORNEY

To prepare and register a Lasting Power of Attorney: £400 per LPA*

To register a Lasting Power of Attorney prepared by the client: £200 per LPA*

* These fees are halved for local “Love Tenterden” cardholders

NB: There is also a registration fee of £110 (no VAT) per LPA charged by the Office of the Public Guardian

All our fees are subject to the addition of VAT at the appropriate rate. Most disbursements are free of VAT

ADMINISTRATION OF ESTATES

To obtain a grant of probate or letters of administration, if the client supplies the relevant completed HMRC forms and deals with the winding up and distribution work and there are no challenges: £500

To handle the full winding up of an estate, assuming no challenges and no disputes between beneficiaries and personal representatives: £2,500 to £10,000 – a more precise estimate will be supplied when details of the estate are given to us, and can be adjusted (upwards or downwards) to reflect the actual amount of work involved.  Alternatively, if supplied with full details, we can agree a fixed fee, which will cover the work detailed in the fixed fee agreement: any additional work would not be covered by this. The first step towards this would be the completion of our Questionnaire for personal representatives

Assisting personal representatives on an ad hoc basis: £200 per hour

All our fees are subject to the addition of VAT at the appropriate rate. Most disbursements are free of VAT