Anaysse-Jacobs Solicitors
Conveyancing
HomeAbout the FirmAreas of ExpertiseConveyancingProbateCOVID19Current Vacancies and NewsDirections to OfficeContact UsLegal InformationPrivacy PolicyTerms of Website Use

Why Choose Us ?

  • We offer a no obligation  fixed price quote in writing
  • We are on the panel of the major banks and building societies
  • Your file will be looked after by a qualified solicitor at ALL  times
  • We provide a full  written report on the legal title   to the  property you are buying before you  commit  to exchange of contracts
  • We offer a speedy, efficient, competitively priced  service
  • All Legal  Fees and  Supplements are subject to a charge of VAT  at  the  current  rate (20%)
  • Disbursements are third party costs and  the  fees detailed  below are inclusive  of VAT or  VAT  does  not  apply

Indicative  Fees  on  The  Purchase of a  Residential  Property

£0      to       £999,000      Legal Fee   range  between  £625  and       £1,450 Plus VAT

Above £1m please contact our office

Supplements (Plus  VAT)

Help To Buy ISA (each ISA)                               £50

Help to Buy Equity Mortgage                             £125

Leasehold                                                        £50

New Build                                                        £125

Buy To Let                                                       £50

Shared Ownership                                            £125

Unregistered Land                                            £150 

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. When buying a leasehold property other disbursements may apply depending on the term of the lease. We will update you on the specific fees upon receipt and review of the lease from the seller's solicitors.

Search Fees (When lender accepts (personal searches – Local / Water/ Environment and chancel insurance)           £225.00 (VAT inclusive)

Click Here for Land Registry Fees

Click Here for Stamp Duty Rates

Bankruptcy Search (Each)                                 £2

Land Registry Priority Search                             £3

Electronic ID Verification                                   £20.40

TT Fee                                                             £24.00

Lawyer Checker                                               £12.00

Auction Transactions - Please contact our firm

We do not charge additional fees   for acting on behalf of the first mortgage lender.  If  you are obtaining a  second mortgage  or  a  Help to Buy  Equity Mortgage  is  being arranged ,  we  charge an  additional  fee  of  £125 plus VAT.


When Buying a Leasehold Property the following   disbursements  may  apply:- 
  • Landlord  Notice  fees
  • Notice of Transfer fee – This fee if chargeable as set out in the lease. Often the fee is between £10-£120.
  • Notice of Charge fee (if the property is to be mortgaged) – This fee is set out in the lease. Often the fee is between £10-£120
  • Deed of Covenant fee – This fee is provided by the management company for the property and can be difficult to estimate. Often it is between £120-£165.
  • Certificate of Compliance fee - To be confirmed upon receipt of the lease, as can range between £80-£165.

These fees vary from property to property and can on occasion be significantly more than the ranges given above. We can give you an accurate figure once we have sight of your specific documents.

You should also be aware that ground rent and service charge are likely to apply throughout your ownership of the property. We will confirm the ground rent and the anticipated service charge as soon as this we receive this information.

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. 

  
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 between 8-12 weeks.

 

Key Stages
Likely timescale
Obtaining instructions and identification evidence
1 week
Receiving draft contract papers, submitting searches and raising enquiries
1 to 2 weeks
Receiving search results, replies to enquiries and mortgage offer
Freehold: 1 – 2 weeks
Leasehold: 1 – 4 weeks
Exchanging contract and arranging completion
1 to 2 weeks
Registering your ownership at the Land Registry
Freehold: 2 weeks
Leasehold: 4 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 mortgage in principle, it could take 16 weeks. However, if you are buying a leasehold property that requires an extension of the lease, this can take significantly longer, between 16-20 weeks. In such, a situation additional charges may apply.

Our fee assumes that:

  1. this is a standard transaction and that no unforeseen matters arise including for example (but not limited to) a defect in title which requires remedying prior to completion or the preparation of additional documents ancillary to the main transaction
  2. this is the assignment of an existing lease and is not the grant of a new lease
  3. the transaction is concluded in a timely manner and no unforeseen complication arise
  4. all parties to the transaction are co-operative and there is no unreasonable delay from third parties providing documentation
  5. no indemnity policies are required. Additional disbursements may apply if indemnity policies are required.
Stages of the process

The precise stages involved in the purchase of a residential property vary according to the circumstances. However, below we have suggested some key stages that you may wish to include:

  • Take your instructions and give you initial advice
  • Check finances are in place to fund purchase and contact lender's solicitors if needed
  • Receive and advise on contract documents
  • Carry out searches
  • Obtain further planning documentation if required
  • Make any necessary enquiries of seller's solicitor
  • Give you advice on all documents and information received
  • Go through conditions of mortgage offer with you
  • Send final contract to you for signature
  • Agree 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 lender and you
  • Complete purchase
  • Deal with payment of Stamp Duty/Land Tax
  • Deal with application for registration at Land Registry
 

Indicative Fees on the Sale of a Residential Property

£0       to       £999,000       Legal Fee    range  between  £625   to    £1,450  plus VAT

Supplements (Charge is  subject to  VAT)

Leasehold                                                        £50 

Shared Ownership                                            £125

Unregistered Land                                            £150 

Redemption  of  the first  charge  is  included in our fee, a  Charge  of  £125 plus VAT  is made for  each additional  charge, restriction or notice registered on the  title.

If the  property  you  are selling  is a   leasehold   property  the  Landlord/  freehold  owner and  or  Management  Company may  charge  a fee to provide  a  pack of  information which  the   Buyer  will  require.  These  are third party  costs  which  we  can  only  confirm  during the  course of the transaction. However, you can enquire with the Landlord what their charges are   at any time.

Disbursements: 

Land Registry                                                  £3.00

Electronic ID Verification                                  £20.40

TT Fee (each)                                                  £24.00

Auction Transactions - Please contact our firm

 

How long will my house sale  take?

How long it will take from accepted your Buyers offer  until you complete your sale will depend on a number of factors. The average process takes between 8-12 weeks.

It can be quicker or slower, depending on the parties in the chain. For example, if you are have an onward purchase and there is a chain involved  it could take more than 8-12  weeks.

 Our fee assumes that:

  1. this is a standard transaction and that no unforeseen matters arise including for example (but not limited to) a defect in title which requires remedying prior to completion or the preparation of additional documents ancillary to the main transaction
  2. this is the assignment of an existing lease and a  new lease will not be granted on completion
  3. the transaction is concluded in a timely manner and no unforeseen complication arise
  4. all parties to the transaction are co-operative and there is no unreasonable delay from third parties providing documentation
  5. no indemnity policies are required. Additional disbursements may apply if indemnity policies are required.
Stages of the process

The precise stages involved in the sale  of a residential property vary according to the circumstances. However, below we have suggested some key stages that you may wish to include:

  • Take your instructions and give you initial advice
  • Obtain up to date title documentation  and redemption statements  ,where there is a charge  on the property
  • Obtain Landlord/Management Company Pack  where the property is a leasehold
  • Prepare contract documents to forward  to the Buyers solicitors and reply to  enquiries with your assistance
  • Approve the  Buyers  form of  Transfer  and send Contract and  Transfer to you for signature
  • Only  when we  have  been able to  satisfy the buyer a nd their solicitor  as  to the terms of the sale  and legal title  can we require them to exchange contracts and bind  the Buyer and you
  • Agree a completion date
  • Exchange contracts and notify you that this has happened
  • Report  to you on  all  financial matters , pay  off  your  mortgage, Estate  Agents  Fees  and account to you for the net  proceeds  of sale
  • Forward  title deeds and   documents  to the  Buyers Solicitors.

 

Indicative Fees for Remortgage and Transfer of Equity (all fees are subject to  VAT)  

Remortgage Legal fee                                   £500

Where   value of property is under £999,999

Transfer of Equity Legal Fee                         £450

Supplements (Charge is subject to  VAT) 

Leasehold                                                        £50 

Buy To Let                                                       £50

Disbursements: 

Search Insurance                                           £20-£60 (Depends on property Value)


Click Here for Land Registry Scale 2

 

Stamp Duty  can  apply on a  transfer of  equity  and depends on a number of  factors

Bankruptcy Search (Each)                                 £2

Land Registry Priority Search                             £3

Electronic ID Verification                                   £20.40

TT Fee (each)                                                  £24.00

  

Landlord  Notice  fees   may apply  if the   transfer of  equity   or  the  property  being  remortgaged   is a  flat.  These  are third party  costs  which  we  can  only  confirm  during the  course of the transaction. However, you can enquire with the Landlord what their charges are   at any time.

For a   Fixed  fee  no  obligation  quote ,  please email  us  or  call  02083165000

Legal Fees and  Supplements  are subject  to VAT at the current rate of 20%. Our VAT Registration Number  is 340497793

EMAIL
Anaysse-Jacobs Solicitors, Second Floor, Equitable House, 7 General Gordon Square, London SE18 6FH
 
Anaysse-Jacobs Solicitors is regulated by the Solicitors Regulation Authority  

SRA