Moving house? Re-Mortgaging?

Ring Cornfield Law LLP today and ask to speak to our conveyancing department.Russell Dicker is a solicitor, Member and Head of the conveyancing department . Russell qualified in 2016. He is works with his team of Conveyancing Assistant Jo Groombridge and secretaries Jenny Mason and Anna Rieder. Using the most up-to-date case management systems and online search methods the department can offer a highly personalised service geared to your needs and requirements.

Choose Cornfield Law LLP for local knowledge, expertise and experience, individual personal service and modern technology.

Contact Russell on 01323 412 512 or email russell.dicker@cornfieldlaw.co.uk
Telephone for a quotation on 01323 412512.

CHARGING POLICY

We charge a fixed fee for carrying out residential conveyancing, both sales and purchases.

Property Price	Freehold Sale	Leasehold Sale	Freehold Purchase	Leasehold Purchase
Up to £250,000.00	£945.00 Plus VAT of £189.00	£1,245.00 Plus VAT of £249.00	£945.00 Plus VAT of £189.00	£1,245.00 Plus VAT of £249.00
£250,001.00 - £400,000.00	£1,145.00 Plus VAT of £229.00	£1,445.00 Plus VAT of £289.00	£1,145.00 Plus VAT of £229.00	£1,445.00 Plus VAT of £289.00
£400,001.00 - £500,000.00	£1,295.00 Plus VAT of £259.00	£1,595.00 Plus VAT of £319.00	£1,295.00 Plus VAT of £259.00	£1,595.00 Plus VAT of £319.00
£500,001.00 - £750,000.00	£1,495.00 Plus VAT of £299.00	£1,795.00 Plus VAT of £359.00	£1,495.00 Plus VAT of £299.00	£1,795.00 Plus VAT of £359.00
£750,001 - £1,000,000.00	£1,995.00 Plus VAT of £399	£2,295.00 Plus VAT of £459.00	£1,995.00 Plus VAT of £399	£2,295.00 Plus VAT of £459.00
£1,000,000.00 plus	Price upon request	Price upon request	Price upon request	Price upon request

Electronic Money Transfer Fee (TT) - £35.00 Plus VAT of £7.00 per TT 

 

 

 

DISBURSEMENTS

        FREEHOLD SALE

• Office Copy Entries HMLR:   £6-£18 (No VAT)
• AML Money Laundering Check: £3.28 per person inclusive of VAT

      FREEHOLD PURCHASE

• Searches, Local Authority, Water, Environmental, Planning and Climate Change: up to £500 plus VAT of up to £100
• Stamp Duty Land Tax:  Please see Stamp Duty Land Tax Calcutaltor
• Land Registry Fees:  Please see HM Land Registry fees
• Priority Search: £3.00 (No VAT)
• Bankruptcy Search: £2.00 per person (No VAT)
• AML Money Laundering Check: £3.28 per person inclusive of VAT

   LEASEHOLD SALES

• Office copy entries: £6 - £18  (No VAT)
•  Management pack:  £200 - £750 plus VAT of up to £40 - £150
• AML Money Laundering Check: £3.28 per person inclusive of VAT

    LEASEHOLD PURCHASE

• Searches, Local Authority, Water Environmental, Planning and Climate Change:  up to £500 plus VAT of up to £100
• Land Registry Fees: Please see HM Land Registry fees.
• Stamp Duty Land Tax: Please see Stamp Duty Land Tax Calculator no VAT,
• Priority Search: £3.00 (No VAT)
• Bankruptcy Search: £2.00 per person (No VAT)
• AML Money Laundering Check: £3.28 per person inclusive of VAT
• Notice of Transfer Fee to advise the freeholder of the transfer, £50-£250 plus VAT OF £10 - £50.
• Notice of Charge Fee, if buying with a mortgage. If charged, it will be mentioned in the lease in the region of £50-£200 plus VAT £10 - £40
• Deed of Covenant fee, calculated by the management company, in the region of £50-£300 plus VAT £10 - £60

 

Re-mortgage only

Our costs would be £650.00 plus VAT of £130.00 where the transaction is straight forward. If other factors come to light during the transaction such as unregistered property or defective title, or lack of building regulations or planning permissions obtained, this will cause delays and increase costs.

 Searches, office copy entries, Land Registry fees, all as above, all non vatable.

Transfer of Equity

Our costs for a standard Transfer of Equity where a lender is not involved is £450.00 Plus VAT of £90.00. If a lender is involved, our costs are £650.00 Plus VAT of £130.00.

Searches, office copy entries, Land Registry fees, all as above, all non vatable.

How long will my house purchase/sale take?

 

All sales and purchases vary. The average takes between 6-12 weeks. A long chain with many buyers and sellers could cause holdups or even break down altogether. A mortgage offer could be slow to come through. A leasehold property in need of a lease extension again could cause lengthy delays as negotiations with the freeholder take place, anything from 3-6 months or even more. A lease extension would of course result in extra charges.

Key Stages of the Process:

 

• Taking your first instructions, ID, advising as necessary and reviewing mortgage offer if required.
• Receiving and advising on contract documents if a purchase. Preparing contract documents for a sale.
• Carrying out local authority searches, water searches and others as required. Obtaining further planning documentation or other searches as required.
• Making enquiries of the other side.
• Advising you on the documents and information received. Reviewing the conditions of the Mortgage Offer with you, if appropriate.
• Sending the contract to you for signature and agreeing with you and the other side a completion date.
• Exchanging contracts and informing you of this.
• Arranging for all mortgage monies to be received from the lender and from you. Completing the purchase and forwarding purchase funds.
• Dealing with payment of stamp duty land tax and registering the property with the Land Registry.