Residential Conveyancing - Selling | Wayne Leighton Solicitors

SELLING
Our fees	We would estimate our fee to be 0.15% plus VAT* of the sale price with a minimum fee of £1050.00 plus VAT plus disbursements. *VAT will be charged at current rate of 20%.
	We also charge for remitting funds by telegraphic transfer at £50 plus VAT* for each transfer.
Disbursements Disbursements are costs related to your matter that are payable to third parties, such as search fees and land registry fees. We handle the payment of the disbursements on your behalf to ensure a smoother process.	Office copy entries and title documents from the Land Registry from £3 per document plus VAT*.
Additional Legal Services	The above is based on a standard freehold sale, if you are selling a leasehold property there will be an additional fee from between £200 - £350 plus VAT* payable to us. There will also be additional fees payable to your managing agent/landlord for providing replies to management enquiries. We will advise you of these as soon as we have this information.
	If the transaction involves other aspects of additional legal work to undertake further fees may be payable. We will advise you of any additional fees as soon as we are able.
Services included in a sale	Provide you with a dedicated and experienced fee earner to work on your matter Take your initial instructions Obtain title documents from the Land Registry and prepare contact pack once you have completed the initial property information forms for the property you are selling Draft your contract for sale and issue to the Buyer’s Conveyancer Forward you for your instructions any enquiries raised by your Buyer’s Conveyancer. Send you the final contract and arrange for you to sign in readiness for exchange Agree completion date Exchange Contracts and notify you that this has happened. Approve Transfer from the Buyer’s Conveyancer and send to you for signature and witnessing. Complete your transaction and send you the proceeds of sale once all fees and balances due have been paid. Send executed Transfer to the Buyer’s Conveyancer. In relation to leasehold properties, we will also: Obtain a copy of your Lease from the Land Registry/ you Contact the Landlord/ Managing Agent for replies to Standard Leasehold Enquiries and raise any specific enquiries raised by your Buyer’s Conveyancer to the Landlord or their agents. Advise you of any additional costs required pursuant to the Lease in respect of Landlord/ Managing Agents/ Management Company involved, as appropriate Advice on service charge and ground rent pursuant to the Lease. Where we are acting for you in relation to the discharge of a mortgage/ charge with a high street lender additional fee of £150 + VAT* will apply, to include the following service: Obtaining a redemption statement Transferring the redemption amount to the Lender on completion Obtaining discharge documents and sending to the Buyer’s Conveyancer following completion.
	Whilst every effort has been made to ensure the above fees are accurate, we reserve the right to raise further charges if the complexity or amount of work involved exceeds levels anticipated at the outset. Please note that the cost of disbursements is subject to any increases (which are out of our control) which may be imposed by third party suppliers, or if some of the information on which our quotation is based proves later to be incorrect. Our fees are applicable only to property situated in England and Wales.

*VAT is charged at the current rate of 20%