Purchasing a Freehold Property

Purchasing a Freehold Property

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.

What Sets Us Apart
Here at Dutton Gregory, our experience speaks for itself. With over 250 years of combined knowledge between them, our Residential teams pride themselves on client care and quality service, paving the way for you to fully enjoy the excitement of purchasing your new home.
Our Services:
  • Are always overseen by a qualified solicitor, keeping you in safe hands.
  • Have been established since the 1800’s, with solid local knowledge and an excellent reputation.
  • Remain direct and personal for you. No call centres, just easily contactable, friendly faces, on the phone or in person.
  • Have you in mind, with a true belief in training, and a focus on staff development across all levels, from Assistant to Partner, ensuring you receive the highest possible service year on year
For more information on our Residential Teams, including qualifications and experience of individual staff members, please click here.

To receive a fully personalised quote, please complete our How Can We Help form to the right of this page, call 01202 315005 or email contact@duttongregory.co.uk

Professional Conveyancing Fees

Cost of Property

Average Conveyancing Fee

Up to £300,000

£900 + VAT

£300,000 - £350,000

£950 + VAT

£350,000 - £400,000

£1000 + VAT

£400,000 - £450,000

£1050 + VAT

£450,000 - £500,000

£1150 + VAT

£500,000 - £600,000

£1250 + VAT

£600,000 - £800,000

£1450 + VAT

£800,000 - £1,000,000

£1650 + VAT

£1,000,000+

£1750 + VAT

 

Breakdown of costs not included in the above:

  • ID Check £25.00 + VAT (if we act for you on a sale and a purchase, we will only charge this once)
  • SDLT Admin Fee £50.00 + VAT
  • Conveyancing Searches £220.00 + VAT
  • Obtaining Official Copy of Title Deed £15 + VAT
  • Same-Day Bank Transfer Fee (CHAPS) £35.00 + VAT
  • Land Registry and Bankruptcy Searches £10.00 + VAT

Subtotal of costs not included in our Conveyancing Fee: £345 + VAT


Disbursements / Third Party

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.

If required, these costs are not included in our Conveyancing Fee.


Example of Estimated Total*

For example, if you are looking to purchase a £495,000 property, the estimated total (including required disbursements/third party) would be around: £16,170 + VAT.


*There are a range of factors that could increase the cost of our service. For example:

  • If legal title is defective or part of the property is unregistered.
  • If we discover building regulations or planning permission has not been obtained.
  • If crucial documents we have requested from you or a third party have not been provided.
  • Referral fees
  • New Build properties / developer engrossment fees
  • SDLT surcharges.
  • In the event that we are instructed to deal with a Mortgage – this is around £125.00 + VAT (average fee, dependant on lenders requirements).
  • If we need to obtain Indemnity Insurance Policy (if required) £30 + VAT (Policy premium paid by client and varies based on purchase price).
  • Help to Buy Equity Loan.

To receive a fully personalised quote, please complete our How Can We Help form to the right of this page, call 01202 315005 or email contact@duttongregory.co.uk

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 around 8-10 weeks.

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 Help to Buy mortgage in principle, it could take 10-12 weeks.


Stages of the process

The precise stages involved in the purchase of a freehold residential property vary according to the circumstances. However, below we have suggested some common key stages:

  1. Take your instructions and give you initial advice
  2. Check finances are in place to fund purchase and contact lenders if needed
  3. Receive and advise on contract documents
  4. Carry out searches
  5. Obtain further planning documentation if required
  6. Make any necessary enquiries of seller's solicitor
  7. Give you advice on all documents and information received
  8. Go through conditions of mortgage offer with you
  9. Advise on joint ownership
  10. Send final contract to you for signature
  11. Agree completion date (date from which you own the property)
  12. Finalise and agree financial statements
  13. Exchange contracts
  14. Arrange for all monies needed to be received from lender and you
  15. Obtain pre-completion searches
  16. Complete purchase
  17. Deal with payment of Stamp Duty Land Tax
  18. Deal with application for registration at Land Registry
  19. Once registered at Land Registry we will send details to you and any lender

 To receive a fully personalised quote, please complete our How Can We Help form to the right of this page, call 01202 315005 or email contact@duttongregory.co.uk

Please be aware that our pricing is subject to revision.