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Conveyancing

Sale of a freehold residential property


All our conveyancers are experienced qualified solicitors who deal personally with your sale from start to finish.

Our Conveyancers fees cover all of the work* required to complete the sale of your property; including drafting the legal documentation and replying to enquiries.

 
Conveyancer's fees
Legal fee  
£0-100K                       £495

£100-150K                   £595

£150- 200K                  £695

£200- 250K                  £895

£250- 300K                  £995

£300-400K                   £1,150

£400K+                        minimum £1250 (full details on request)

VAT payable at 20% of Legal fee

Disbursements

Disbursements are costs related to your matter that are payable to third parties, such as for Land Registry documents. We handle the payment of the disbursements on your behalf to ensure a smoother process.

E-conveyancing fee £25 plus VAT
Land Registry title documents £6 per land registry title
Jacklyn Dawson do not pay referral fees

* Our legal fee above assumes that:

this is a standard transaction and that no unforeseen matters arise including for example (but not limited to) a defect in title which we are required to remedy prior to completion or the preparation of additional documents ancillary to the main transaction
the transaction is concluded in a timely manner and no unforeseen complications arise.
all parties to the transaction are co-operative and there is no unreasonable delay from third parties providing documentation
no indemnity policies are required - additional disbursements may apply if indemnity policies are required and you agree to, or are obliged to pay for such a policy
This is not a newly built property being sold by the developer/builder
 
How long will my house sale take?
How long it will take from you accepting an offer until you sale completes will depend on a number of factors. The average process takes between 6-8 weeks.

It can be quicker or slower, depending on the parties in the chain. For example, if you are selling to a first time buyer with a mortgage in principle, it could take 6 weeks. However, if you are selling a leasehold property that requires an extension of the lease, this is likely to take significantly longer, between 3 and 6 months and possibly even longer. In such a situation additional charges would apply.

 
Stages of the process
The precise stages involved in the sale of a residential property vary according to the circumstances. However, below we have listed some key stages:

Take your instructions and give you initial advice
Provide the Property Information form and Fixtures and Fittings form to you to be completed and assist you with completing the same
Obtain Land Registry Title documents or your deeds if the house is not yet registered at the Land Registry
Prepare contract documents
Respond to any necessary additional enquiries received from your buyer’s solicitor
Arrange for you to sign the Contract and Transfer document
Obtain redemption figures for any applicable mortgages over the property
Agree the completion date (date from which you will no longer own the property)
Legally bind you to sell the property by exchanging contracts and notify you that this has happened
Complete sale
Redeem Mortgages
Pay estate agents
Advise you to cancel buildings insurance for the property
Send net funds to you

 

Sale of a leasehold residential property


Our fees cover all of the work* required to complete the sale of your property; including drafting the legal documentation and replying to enquiries.

 
Conveyancer's fees
Legal fee 
£0-100K                       £745

£100-150K                   £845

£150- 200K                  £945

£200- 250K                  £1145

£250- 300K                  £1245

£300-400K                   £1400

£400K+                        minimum £1500 (full details on request)

VAT payable at 20% of Legal fee

Disbursements

Disbursements are costs related to your matter that are payable to third parties, such as for Land Registry documentation. We handle the payment of the disbursements on your behalf to ensure a smoother process. There are certain disbursements which will depend upon the terms in the individual lease relating to the Property. The disbursements relating to leasehold matters which we anticipate will apply are set out separately below. This list is not exhaustive and 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 and details from your freeholders or management company

E-conveyancing fee £25 plus VAT
Land Registry title documents £15
Jacklyn Dawson do not pay referral fees

Anticipated Disbursements relating to Leasehold matters**
Freehold Management pack - This fee is payable to the Freeholder for providing the relevant information required to sell the property – often it is between £250-300.
Management company pack - This fee is payable to the Management Company for providing the relevant information required to sell the property - often it is between £250-300.
Deed of Covenant fee – this fee is payable to the Freeholder and/or Management Company if they require a Deed of covenant that is prepared by themselves –often it is between £100-£150.
Licence to Assign fee – this fee is payable to the Freeholder and/or Management Company if the Lease requires a Licence from them to allow you to assign the lease to your buyer- often it is between £150-£250.
 

**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 charges will need to be paid for the whole period of your ownership of the property meaning we may need to arrange an apportionment of payment of either for the specific date of completion.

* Our fee assumes that:

this is a standard transaction and that no unforeseen matters arise including for example (but not limited to) a defect in title which we are required to remedy prior to completion or the preparation of additional documents ancillary to the main transaction
this is the assignment of an existing lease and is not the grant of a new lease
the transaction is concluded in a timely manner and no unforeseen complication arise
all parties to the transaction are co-operative and there is no unreasonable delay from third parties such as the Landlord and/or Management Company providing documentation
no indemnity policies are required. Additional disbursements may apply if indemnity policies are required and you agree to, or are obliged to pay for such a policy
This is not a newly built property being sold by the developer/builder
 
How long will my house sale take?


How long it will take from you accepting an offer until completion will depend on a number of factors. The average process takes between 8-10 weeks. It can be quicker or slower, depending on the parties in the chain. For example, if you sell to a first time buyer, with a mortgage in principle, it could take 8 weeks. However, if you are selling a leasehold property that requires an extension of the lease, this can take significantly longer, between 3 and 6 months and possibly even longer. In such a situation additional charges would apply.

 
Stages of the process


The precise stages involved in the sale of a residential leasehold property vary according to the circumstances. However, below we have listed some key stages:

Take your instructions and give you initial advice
Provide the Property Information form, Leasehold Information form and Fixtures and Fittings form to you to be completed and assist you with completing the same
Obtain Land Registry Title documents including the leasehold title, freehold title and Lease
Prepare contract documents
Obtain leasehold information (Management company and/or Freeholder pack) from the Management Company and/or Landlord and forward to your buyer
Responding to any necessary additional enquiries received from your buyer’s solicitor
Obtain responses from the Management Company and/or Landlord to any additional enquiries raised by your buyers solicitors
Arrange for you to sign the Contract and Transfer document along with any other Deeds of Licences required
Obtain redemption figures for any applicable mortgages over the property
Agree the completion date (date from which you will no longer own the property)
Legally bind you to sell the property by exchanging contracts and notify you that this has happened
Obtain up to date ground rent and service charge figures and calculate an apportionment of the same
Complete sale
Redeem Mortgages
Pay estate agents
Advise you to cancel buildings insurance for the property unless insured on a landlords block policy
Send net funds to you
 
 

Purchase of a freehold residential property


All our conveyancers are experienced qualified solicitors who deal personally with your purchase from start to finish.

Our Conveyancers 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 Land Transaction Tax (Land Tax) if the property you wish to buy is in Wales, or Stamp Duty Land Tax (Stamp Duty) if the property is in England.

Conveyancer's fees
Legal fee  

£0-100K                       £495

£100-150K                   £595

£150- 200K                  £695

£200- 250K                  £895

£250- 300K                  £995

£300-400K                   £1,150

£400K+                        minimum £1250 (full details on request)

VAT payable at 20% of Legal fee

Disbursements

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. This list is not exhaustive and other disbursements may arise as the transaction progresses:

Search fees £216.20 in Newport £199.00 in Monmouth (prices will vary for other locations)
HM Land Registry fee will generally be based on the price of the property in scale 1. To access these figures please click the following link https://www.gov.uk/guidance/hm-land-registry-registration-services-fees
Electronic money transfer fee – Jacklyn Dawson do not charge these fees
E-conveyancing fee £30 plus VAT
Land Registry search fee £3 per Land Registry title
Land Charges- Bankruptcy search fee - £2 per name
Other applicable reports and searches – for example Coal Mining Search, Brine search or Flooding report – costs vary per property but will be provided if we become aware that additional reports are needed
Jacklyn Dawson do not pay referral fees

*Our legal fee above assumes that:

this is a standard transaction and that no unforeseen matters arise including for example (but not limited to) a defect in title which we are required to remedy prior to completion or the preparation of additional documents ancillary to the main transaction
the transaction is concluded in a timely manner and no unforeseen complications arise.
all parties to the transaction are co-operative and there is no unreasonable delay from third parties providing documentation
no indemnity policies are required -  additional disbursements may apply if indemnity policies are required.
This is not a newly built property purchased from the developer/builder
You do not require a help to buy mortgage or the proceeds of a help to buy ISA.
 
Land Tax or Stamp Duty
This depends on the purchase price of your property. You can calculate the amount you will need to pay by using by using the Welsh Revenue Authority's website here. or HMRC's website if the property is located in England.

 
How long will my house purchase take?
How long it will take from your offer being accepted until you can move in to your new home will depend on a number of factors. The average process takes between 6-8 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 4 weeks. However, if you are buying a leasehold property that requires an extension of the lease, this is likely to take significantly longer, between 3 and 6 months and possibly even longer. In such a situation additional charges would apply.

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

Take your instructions and give you initial advice
Check finances are in place to fund the 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
Meeting you to report face to face or provide you with a detailed report on the new home you are buying advising on the legal title as we as all documents and information received
Go through the conditions of mortgage offer with you
Arrange for you to sign the contract or send it to you for signature
Prepare the legal Transfer of the Property
Draft Land Transaction return or Stamp Duty Land Tax return on your behalf
Agree the completion date (date from which you own the property and can collect the keys and move in)
Advise you on joint ownership
Legally bind you to purchase the property by exchanging contracts and notify you that this has happened
Remind you to arrange buildings insurance for the house from exchange of contracts
Obtain and check pre-completion searches
Arrange for all monies needed to be received from lender and you
Complete the purchase and your new mortgage (if applicable)
Submit Land Transaction return with payment if required or if the property is in England Submit Stamp Duty Land Tax return with payment if required
Submit application for registration at Land Registry and pay application fee
Report to you on the completion of registration formalities

Purchase of a leasehold residential property


Our fees cover all 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 Land Transaction Tax (Land Tax) if the property is in Wales, or Stamp Duty Land Tax (Stamp Duty) if the property is in England.

 
Conveyancer's fees
Legal fee 

£0-100K                       £745

£100-150K                   £845

£150- 200K                  £945

£200- 250K                  £1145

£250- 300K                  £1245

£300-400K                   £1400

£400K+                        minimum £1500 (full details on request)

VAT payable at 20% of Legal fee

Disbursements

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. There are certain disbursements which will be set out in the individual lease relating to the Property. The disbursements relating to leasehold matters which we anticipate will apply are set out separately below. This list is not exhaustive and other disbursements may arise as the transaction progresses:

Search fees £216.20 in Newport £199.00 in Monmouth (prices will vary for other locations)
HM Land Registry fee will generally be based on the price of the property in scale 1. To access these figures please click the following link https://www.gov.uk/guidance/hm-land-registry-registration-services-fees
Electronic money transfer fee – Jacklyn Dawson do not charge these fees
E-conveyancing fee £30 plus VAT
Land Registry search fee £3 per Land registry title
Land Charges- Bankruptcy search fee - £2 per name
Other applicable reports and searches – for example coal mining search, brine search or flooding report – costs vary per property but will be provided if we become aware that additional reports are needed

Jacklyn Dawson do not pay referral fees
Anticipated Disbursements relating to leasehold matters**
Notice of Transfer fee – If this fee if chargeable it is set out in the lease but the price maybe determined by the Management Company and/or Landlord - often the fee is between £50-£150.
Notice of Charge fee (if the property is to be mortgaged) – If this fee if chargeable it is set out in the lease but the price maybe determined by the Management company and/or Landlord -often the fee is between £50-£150.
Deed of Covenant fee – If this fee if chargeable it is set out in the lease but the price maybe determined by the Management company and/or Landlord - often it is between £150- £250.
Certificate of Compliance fee - If this fee if chargeable it is set out in the lease but the price maybe determined by the Management Company and/or Landlord – often it is between £50–£250.
**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 fee assumes that:

this is a standard transaction and that no unforeseen matters arise including for example (but not limited to) a defect in title which we are required to remedy prior to completion or the preparation of additional documents ancillary to the main transaction
this is the assignment of an existing lease and is not the grant of a new lease
the transaction is concluded in a timely manner and no unforeseen complication arise
all parties to the transaction are co-operative and there is no unreasonable delay from third parties providing documentation
no indemnity policies are required. Additional disbursements may apply if indemnity policies are required.
This is not a newly built property purchased from the developer/builder
You do not require a help to buy mortgage or the proceeds of a help to buy ISA
 
Land Tax or Stamp Duty
This depends on the purchase price of your property. You can calculate the amount you will need to pay by using by using the Welsh Revenue Authority's website here. or HMRC's website if the property is located in England.

 
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 8-10 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 mortgage in principle, it could take 4 weeks. However, if you are buying a leasehold property that requires an extension of the lease, this can take significantly longer, between 3 and 6 months and possibly even longer. In such a situation additional charges would apply.

 

Stages of the process
The precise stages involved in the purchase of a residential leasehold property vary according to the circumstances. However, below we have listed some key stages:

Take your instructions and give you initial advice
Check finances are in place to fund the purchase and contact lender's solicitors if needed
Receive and advise on contract documents
Carry out searches
Obtain further planning documentation and the Landlords consent for any alterations if required
Make any necessary enquiries of seller's solicitor including obtaining replies to leasehold information from the Management Company and/or Landlord
Meeting you to report face to face or provide you with a detailed report on the home you are buying advising on the legal title as we as all documents and information received
Go through the conditions of mortgage offer with you
Arrange for you to sign the contract or send it to you for signature
Prepare the legal Transfer of the Property
Draft Land Transaction return or Stamp Duty Land Tax return on your behalf
Agree the completion date (date from which you own the property and can collect the keys and move in)
Advise you on joint ownership
Legally bind you to purchase he property by exchanging contracts and notify you that this has happened
Remind you to arrange buildings insurance for the house from exchange of contracts
Obtain and check pre-completion searches
Arrange for all monies needed to be received from lender and you
Complete the purchase and your new mortgage (if applicable)
Deal with applicable notices, fees and documentation required by the Landlord/Management Company
Submit Land Transaction return with payment if required or if the property is in England Submit Stamp Duty Land Tax return with payment if required
Submit application for registration at Land Registry and pay application fee
 Report to you on the completion of registration formalities
 
 

 

 



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