Our fees cover all of the work* required to complete the remortgage of your freehold property.
Conveyancer’s fees:
Below is a range of the fees that we may typically charge for a remortgage (all charges include VAT at 20%):
- Legal fees: £540 to £1,200* (depending upon the value/location of the property and the complexity of the case)
- Electronic money transfer fee: £36
- Estimated total: between a subtotal of £576 and £1,236
*Our fees above assume that:
- it 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
- 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)
Disbursements:
These 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.
You will have to pay:
- Freehold Office Copy Entries: £6.00
Example of fees:
Below is a specific example of a remortgage quotation for a freehold property with a mortgage of £200,000, and dealing with our Coventry office (all charges include applicable VAT at 20%):
| Freehold remortgage at: | £200,000.00 |
| Telegraphic Transfer Fee | £36.00 |
| Land Registry Title Deeds | £6.00 |
| Legal Fees | £540.00 |
| Total | £582.00 |
The above is a specific example, quotes will vary between our offices.
- the legal fees for properties worth in excess of £1m are to be determined on a case by case basis and you will need to call our offices for a quotation
- we will always supply you with a quotation and agree a fee with you before commencing work
- if additional fees are to be charged details will be provided if and when they arise and we will agree any additional legal fees with you first
