Purchase of a freehold residential property
An example of costs involved for a purchase by a couple, of a freehold residential property for £500,000 in the Tandridge area with a mortgage.
Conveyancer's fees and disbursements*
- Legal fee £1,400 plus VAT of £280
- Stamp duty land tax return £50 plus VAT of £10
- Search fees £205 plus VAT of £41
- No Search Chancel Indemnity £11 (no VAT)
- Land charges search £4 (no VAT)
- Search provider's fee for Land charges search £2.00 plus VAT of 40p
- Land registry priority search £3 (no VAT)
- Search provider's fee for priority search £1.00 plus VAT of 20p
- HM Land Registry fee £150 (no VAT)
- Electronic money transfer fee £30 plus VAT of £6
Estimated total: £2,193.60 plus any stamp duty payable
Stamp Duty or Land Tax
This depends on the purchase price of your property. You can calculate the amount you will need to pay by using the HMRC Stamp Duty Calculator or if the property is located in Wales by using the Welsh Revenue Authority Stamp Duty Calculator.
To contact one of our specialist freehold residential property team members simply email us at enquiries@dollman.co.uk or telephone us on 01883 347823. Or you can fill out our contact form or email our office and someone will be in touch within 24 hours.
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For a confidential discussion with a Residential Property solicitor, call us on...
Monday to Friday 9:30am to 5:30pm
Or email us on enquiries@dollman.co.uk or fill out our quick call back form and one of our solicitors will be happy to help you.
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Regulated by the Solicitors Regulation Authority
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Accredited under The Conveyancing Quality Scheme
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