Fixed Fee Residential Conveyancing
Costs and Service Information
Residential Conveyancing
Prices
Please note that there will be two elements to the prices as set out below:
1. Fees charged by JMW; and
2. Fees payable to third parties.
Please ensure that you consider both parts of the price information.
SALE OF A RESIDENTIAL PROPERTY
Legal fees charged by JMW
The legal fees set out below are charged on the basis of fixed fees.
| FREEHOLD | LEASEHOLD | ||
|---|---|---|---|
| Property price range | Legal fee (excluding VAT) | Legal fee | |
| £0.00 - £149,999.99 | £550.00 - £1,250.00 | £800.00 - £1,450.00 | |
| £150,000.00 – £249,999.99 | £650.00 - £1,350.00 | £900.00 - £1,550.00 | |
| £250,000.00 - £349,999.99 | £750.00 - £1,450.00 | £1,000.00 - £1,650.00 | |
| £350,000.00 - £449,999.99 | £850.00 - £1,550.00 | £1,100.00 - £1,750.00 | |
| £450,000.00 - £549,999.99 | £950.00 - £1,650.00 | £1,200.00 - £1,850.00 | |
| £550,000.00 - £749,999.99 | £1,050.00 - £1,850.00 | £1,300.00 - £1,950.00 | |
| £750,000.00 - £999,999.99 | £1,150.00 - £2,150.00 | £1,400.00 - £2,350.00 | |
| £1,000,001.00 - £1,250,000.00 | £2,150.00 - £2,500.00 | £2,350.00 - £2,700.00 | |
| £1,250,001.00 - £1,500,000.00 | £2,500.00 - £2,950.00 | £2,700.00 - £3,150.00 | |
| £1,500,001.00 – £2,000,000.00 | £2,950.00 - £3,500.00 | £3,150.00 - £3,3750.00 | |
| £2,000,001.00 + | Please enquire for bespoke quote. | Please enquire for bespoke quote. |
Prices can vary for a range of issues including, but not limited to;
- Strict / short deadline requested for the sale of the property.
- Funds coming from overseas.
- Geographical location of lawyer instructed.
- Qualification / experience of lawyer instructed.
- Complexity of transaction.
- Complexity of lender requirements
Additional fees charged by JMW
| Chargeable service | Fee | |
|---|---|---|
| Expedition Fee | £1,000.00 | |
| Leasehold Fee | £250.00 | |
| Mortgage Fee | £175.00 | |
| HTB/Secondary Charges Fee | £150.00 (each) | |
| Shared Ownership Fee | £250.00 | |
| Key Undertaking | £100.00 | |
| Deed of Variation | £500.00 (starting from) | |
| Arranging Indemnity Policy | £50.00 | |
| Statutory Declaration/Statement of Truth | £200.00 | |
| Admin Fees (excluding VAT) | ||
| Telegraphic Transfer Fee | £35.00 | |
| ID Fee (per person)* | £20.00 | |
| ID Company ** | £50.00 | |
| Disbursements | ||
| Land Registry Documents | £3.00 (each) |
*Depending on level of checks required and whether facial recognition technology or the JMW app are used.
**Not including individual checks required
Work included and key stages of our fixed fee conveyancing services
The precise work and stages involved in the sale of a residential property vary according to the circumstances. However, we have set out the key stages involved in a typical sale transaction:
- Take your instructions and give you initial advice.
- Check the title of the property you are selling.
- Prepare documents, the contract of sale and deeds relating to your sale.
- Dealing with questions and enquiries raised by your buyer(s)’ solicitors.
- Reporting and providing information to you relating to the property you are selling.
- Exchanging contracts following any necessary negotiations on the terms.
- Approving the transfer deed from the buyer(s)’ solicitors.
- Completing your sale and accounting to you for the proceeds or receiving from you any monies required to complete the sale.
- Dealing with all post-completion matters, particularly repaying any outstanding mortgages or loans.
Services excluded
Our fixed fee conveyancing service will not include any of the following:
- Advice on the value of the property.
- A physical inspection of the property.
- Advice on any planning implications unless instructed to do so which may be subject to additional charges.
- Checks on the property to ensure that it has been built in accordance with any planning permissions granted.
- Advice on any search result findings that identify contaminated land, fracking sites, or other environmental issues.
- Advice on tax or other accounting matters.
Approximate/ average timescales
How long it will take from the date you instruct your solicitor until the sale is completed, will depend on a number of factors. However, the average process takes around 12-16 weeks but can take longer for a leasehold property.
It can be quicker or slower depending on the parties in the chain and the efficiency of third parties involved in the sale such as the buyer’s solicitors, the solicitors representing other buyers and sellers in the chain, your buyer’s bank if they are taking out a mortgage, search providers and the relevant local authority to conduct your buyer’s local search.
Factors that could increase costs
In some circumstances, we may increase our fees to account for additional time, work or skill required to meet your instructions. Examples include:
- If there is a defect in the property title which requires remedying prior to completion.
- If we are required to discharge more than one mortgage or loan on the property.
- If we are required to obtain retrospective approval to any alterations to property or obtain an insurance indemnity policy in relation to any problem concerning the transaction.
- If a chief rent or ground rent is payable and you do not provide an up to date rent receipt.
PURCHASE OF A RESIDENTIAL PROPERTY
Legal fees charged by JMW (excluding VAT)
The legal fees set out below are charged on the basis of fixed fees.
| FREEHOLD | LEASEHOLD | ||
|---|---|---|---|
| Property price range | Legal fee | Legal fee | |
| £0.00 - £149,999.99 | £650.00 - £1,250.00 | £900.00 - £1,500.00 | |
| £150,000.00 – £249,999.99 | £750.00 - £1,350.00 | £1,000.00 - £1,700.00 | |
| £250,000.00 - £349,999.99 | £850.00 - £1,450.00 | £1,100.00 - £1,900.00 | |
| £350,000.00 - £449,999.99 | £950.00 - £1,550.00 | £1,200.00 - £1,995.00 | |
| £450,000.00 - £549,999.99 | £1050.00 - £1650.00 | £1,300.00 - £2,195.00 | |
| £550,000.00 - £749,999.99 | £1,150.00 - £1,950.00 | £1,400.00 - £2,250.00 | |
| £750,000.00 - £999,999.99 | £1250.00 - £2,150.00 | £1,500.00 - £2,650.00 | |
| £1,000,001.00 - £1,250,000.00 | £2,000.00 - £2,750.00 | £2,350.00 - £2,900.00 | |
| £1,250,001.00 - £1,500,000.00 | £2,250.00 - £3,250.00 | £2,500.00 - £3,500.00 | |
| £1,500,001.00 – £2,000,000.00 | £3,000.00 - £3,950.00 | £3,250.00 - £4,000.00 | |
| £2,000,001.00 + | Please enquire for bespoke quote. | Please enquire for bespoke quote. |
Prices can vary for a range of issues including, but not limited to;
- Strict / short deadline requested for the purchase of the property.
- Funds coming from overseas.
- Geographical location of lawyer instructed.
- Qualification / experience of lawyer instructed.
- Complexity of transaction.
- Complexity of lender requirements.
Additional fees charged by JMW (excluding VAT)
| Chargeable service | Fee |
|---|---|
| Expedited Fee | £1,000.00 |
| Leasehold Fee | £295.00 |
| Mortgage Fee (dual representation) | £215.00 |
| Mortgage Fee (seperate lenders solicitors) | £450.00 |
| Gifted Deposit Fee | £150.00 |
| New Build Fee | £450.00 |
| Shared Ownership Fee | £350.00 |
| Help to Buy Equity Loan Fee | £400.00 |
| Help to Buys ISA Fee | £50.00 |
| LISA Fee | £95.00 |
| Deed of Variation | £500.00 (starting from) |
| Arranging Indemnity Policy | £50.00 |
| Statutory Declaration/Statement of Truth | £200.00 |
| BTL/HMO Properties | £200.00 |
| Admin Fees (excluding VAT) | |
| Telegraphic Transfer Fee | £35.00 |
| ID Fee (per person)* | £20 |
| ID Fee (Company)** | £50.00 |
| Lawyer Checker Fee | £23.00 |
| SDLT Fee | £95.00 |
| Disbursements | |
| Search Pack | £195.00 (inc. VAT) |
| Bankruptcy Search Fee (per person) | £2.00 |
| Land Registry Fee | £3.00 |
| Companies House Registration | £15.00 |
| Land Registry Fee | Based on the value of the property being purchase*** |
| Stamp Duty Land Tax | Based on the value of the property being purchased and number*** |
| Mortgage Fee (dual representation) | £215.00 |
| Mortgage Fee (separate lenders solicitors) | £450.00 |
*Depending on level of checks required and whether facial recognition technology or the JMW app are used.
**Not including individual checks required
*** We will be able to confirm your exact fee once we have specific information about your purchase.
Work included and key stages
The precise work and stages involved in the purchase of a residential property vary according to the circumstances. However, we have set out the key stages involved in a typical purchase transaction that are included in our fixed fee conveyancing:
- Take your instructions and give you initial advice.
- Check finances are in place to fund the purchase and contact the lender's solicitors if needed.
- Receive and advise on contract documents.
- Carry out searches.
- Make any necessary enquiries of seller's solicitor.
- Give you advice on all documents and information received.
- Go through the conditions of mortgage offer with you.
- Check the title of the property and prepare the document to transfer ownership to you.
- Send the final contract to you for signature and ask you to pay the agreed deposit to us so that contracts can be exchanged.
- Agree a completion date (date from which you own the property).
- Exchange contracts and notify you that this has happened.
- Arrange for all monies needed to be received from the lender (if applicable) and you.
- Complete purchase.
- Deal with payment of Stamp Duty Land Tax.
- Deal with application for registration at Land Registry.
- Notify you and your lender (if applicable) of registration once confirmed.
Services excluded
Our fixed fee conveyancing service will not include any of the following:
- Advice on the value of the property.
- Advice on the suitability of your mortgage or any other financial arrangements.
- A physical inspection of the property.
- Advice on any planning implications unless instructed to do so which may be subject to additional charges.
- Checks on the property to ensure that it has been built in accordance with any planning permissions granted.
- Advice on any search result findings that identify contaminated land, fracking sites, or other environmental issues.
- Advice on tax (other than SDLT) or other accounting matters.
Approximate/ average timescales
How long it will take from instructing your solicitor until you can move into your house will depend on a number of factors. However, the average process takes around 12-16 weeks but can be longer in leasehold matters.
It can be quicker or slower depending on the parties in the chain and the efficiency of third parties involved in the purchase such as the seller’s solicitors, the solicitors representing other buyers and sellers in the chain, your bank if you are taking out a mortgage, search providers and the relevant local authority to conduct your local search.
Factors that could increase costs
In some circumstances we may increase our fees to account for additional time, work or skill required to meet your instructions. Examples include:
- If your lender makes detailed instructions requiring us to deal with matters other than those relating to the title to the property.
- If your lender instructs another conveyancer to act for them.
- If the lender requires anything other than a simple certificate of title (a simple certificate of title is standard with most lenders) in order to send the mortgage funds to our firm.
- If a trust document is required.
- If there is a defect in the property title which requires remedying prior to completion.
- If the transaction requires a new lease to be granted rather than an assignment of an existing lease.
REMORTGAGE OF A RESIDENTIAL PROPERTY
Legal fees charged by JMW
The legal fees set out below are charged on the basis of fixed fees.
| Property price range | Legal fee | VAT (charged at 20%) | Total fee |
|---|---|---|---|
| £0.00 - £149,999.99 | £450-£700 | £90 - £140 | £540 - £840 |
| £150,000.00 – £249,999.99 | £500-£750 | £100 - £150 | £600 - £900 |
| £250,000.00 - £349,999.99 | £550-£800 | £110 - £160 | £660 - £960 |
| £350,000.00 - £449,999.99 | £600-£850 | £120 - £170 | £720 - £1,020 |
| £450,000.00 - £549,999.99 | £650-£900 | £130 - £180 | £780 - £1,080 |
| £550,000.00 - £749,999.99 | £700-£950 | £140 - £190 | £840 - £1,140 |
| £750,000.00 - £999,999.99 | £750-£1,000 | £150 - £200 | £900 - £1,200 |
| £1,000,000.00 + | £PoA | £PoA | £PoA |
Prices can vary for a range of issues including, but not limited to;
- Strict / short deadline requested for the remortgage of the property.
- Funds coming from overseas.
- Geographical location of lawyer instructed.
- Qualification / experience of lawyer instructed.
- Complexity of transaction.
- Complexity of lender requirements.
Additional fees charged by JMW
| Chargeable service | Fee | VAT (charged at 20%) | Total fee |
|---|---|---|---|
| Telegraphic transfer fee | £35 | £7 | £42 |
| Electronic identity check - Individual* | £20 | £4 | £24 |
| Electronic identity check - Business** | £50 | £10 | £60 |
| Lawyer Checker fee | £20 | £4 | £24 |
*Depending on level of checks required and whether facial recognition technology or the JMW app are used.
**Not including individual checks required
Fees payable to third parties (‘disbursements’)
| Description of disbursement | Fee | VAT (20%) | Total fee |
|---|---|---|---|
| Search fees (if required by your lender) might have option to proceed on search indemnity policy* | £20- 250 approx depending on whether search indemnity can be used in lieu of searches | £4 - £50 | £24 - £300 |
| Land Registry Fee ** | Dependent on property value and property type. Please visit https://www.gov.uk/guidance/hm-land-registry-registration-services-fees to calculate your fee. ** |
* The number and nature of searches that you will require may vary depending on the property and/or any mortgage lender.
** We will be able to confirm your exact fee once we have specific information about your mortgage/ remortgage.
Work included and key stages
The precise work and stages involved in the mortgage or remortgage of a residential property vary according to the circumstances. However, we have set out the key stages involved in a typical mortgage/ remortgage transaction:
- Take your instructions and give you initial advice.
- Obtaining your title deeds.
- Checking the title of your property.
- Carrying out a Local Authority search if required by your lender.
- Acting on your mortgage lender’s instructions.
- Explaining the terms of your mortgage to you.
- Preparing the mortgage and other documents and obtaining your signature to them where appropriate.
- Reporting to the mortgage company and obtaining the mortgage advance.
- Completing the remortgage. This is the date when the old mortgage will be repaid and the new mortgage will commence.
- Registering the transaction with the Land Registry.
- Forwarding the title documents to the mortgage company and accounting to you for any money held on your behalf.
Services excluded
Our service will not include any of the following:
- Advice on the value of the property.
- Advice on the suitability of your mortgage or any other financial arrangements.
- A physical inspection of the property.
- Advice on any search result findings that identify contaminated land, fracking sites, or other environmental issues.
- Advice on tax (other than SDLT) or other accounting matters.
Approximate/ average timescales
The length of time that it will take to complete your mortgage or remortgage will depend on a number of factors. However, the average process takes around 4-8 weeks depending on circumstances and title.
It can be quicker or slower depending on the parties in the chain and the efficiency of third parties involved in the mortgage or remortgage such as your lender, search providers and the relevant local authority to conduct your local search if required.
Factors that could increase costs
In some circumstances we may increase our fees to account for additional time, work or skill required to meet your instructions. Examples include:
- If your lender makes detailed instructions requiring us to deal with matters other than those relating to the title to the property.
- If your lender instructs another conveyancer to act for them.
- If the lender requires anything other than a simple certificate of title (a simple certificate of title is standard with most lenders) in order to send the mortgage funds to our firm.
- If a trust document is required.
- If there is a defect in the property title which requires remedying prior to completion.
