Residential Sale Pricing

Thank you for looking at our property services. Whether you are a first-time buyer or an experienced investor, we are here to take the stress out of selling residential property.

We will guide you through each step of your transaction and offer a service that that fits your exact requirements. Where necessary we can recommend other professionals such as Surveyors, IFA’s and property valuers.

At a time where money really matters, we always provide a quality service at a fair price. We will keep you up-to-date with all of the relevant information so you can make informed decisions and have complete confidence that every detail has been properly taken care of.

Why Huggins Lewis Foskett

We have an experienced team who understand the stress involved in buying, selling or re-mortgaging your property. Our approach is simple; we provide a first-class service from our expert team who make the difference by removing confusion and uncertainty, dealing with all of the legal details of a property transaction on your behalf.

Our property conveyancers and solicitors have the legal and technical “know how” to resolve issues as they arise in a professional and efficient manner. We understand that communication is key, so will make sure we answer your questions in plain English and ensure you are kept up-to-date with everything you need to know.

We also feel that it provides reassurance and gives you an outlet for any concerns that you may have. Potentially this is the biggest investment of your life and we not only want to provide a first-class service, but also achieve value for money and no hidden fees.

We are proud to be on most Lender Panels and to hold CQS Accreditations, issued by the Law Society. This involves the firm undergoing a rigorous audit process which ensures we maintain the highest levels of client care.

Pricing

You can use our online Conveyancing Calculator [link to calculator] give you an accurate estimate of the fees likely for your sale. For convenience, however, we set out more detailed information in our Residential Conveyancing Terms and below: -

We charge a standard professional fee for selling your property which incorporates the basic work required to sell your property. Our fees are based upon the value of your property and reflect the level of financial responsibility we undertake when progressing your Matter.

Our standard professional fees are as follows: -

Value of the property

Standard Professional Fee

£0-£500,000

£850.00 plus VAT

£501,000 - £600,000

£895.00 plus VAT

£601, 000 - £700,000

£950.00 plus VAT

£701,000 – £800,000

£1,000 plus VAT

£801,000 - £900,000

£1,100 plus VAT

£901,000 – £1,000,000 plus

£1,150 plus VAT

£1,000,001 - £1,200,000

£1,250 plus VAT

£1,200, 001 and above

We would prefer to discuss this with you so that we can provide a quote on a more personal basis

In addition to our standard professional fees, we may have to undertake additional work on your behalf in the course of progressing your Matter. These additional fees are as follows: -

Additional work

Additional Fees

Preparing a general power of attorney enabling a third party to execute documents on your behalf

£150 plus VAT

Preparing Statutory Declarations (for e.g. defects in title, missing deeds, possessory title applications)

£150.00 plus VAT per hour

Dealing with third party lawyers (in e.g. matrimonial disputes)

£150.00 plus VAT per hour

Supplementary fee where your property is leasehold (covering the additional work completed by us)

£150 plus VAT

Supplementary fee where your property is unregistered land (covering the additional work completed by us to establish your ownership to the satisfaction of the purchaser)

£150 plus VAT

Redemption of your existing mortgage

£75 plus VAT

Where completion is required in 14 days or less

£100 plus VAT

Abortive fees where your matter does not progress to completion

£pro rata based upon the amount of work done prior to withdrawal

Requesting historical files from our Archive or deeds held in our Secure Deeds Store

 

£25.00 per file/Deed Record

Bank Charge for arranging same day electronic payments (sterling)

£30 plus VAT

Bank Charge for arranging overseas payment (i.e. non GPB) electronic payments

£60 plus VAT

We do not currently charge additional fees for:

  • Preparing Deeds of postponement
  • Preparing Deeds of grant or variation of rights
  • Removal a registered caution
  • Obtaining copies of planning or building regulations consents (where the documents are in the public domain)
  • Administering a retention of funds upon completion

During the course of your Matter, there will be third party costs (called ‘disbursements’) which we have to pay and for which we are allowed to recover the cost. Possible disbursements incurred during the sale of your property include:-

Official copies of your property title documents (including title, plan, leases, deeds, agreements etc)

£3.00 per document

Cheques returned unpaid

£30

Indemnity insurance to cover defects on your title, unknown covenants, missing planning permissions or building control certifications etc

£premium to be advised upon obtaining quotations for the same

Freeholder Management Pack  and/or Management Company Sales Pack (where your property is leasehold your freeholder and/or their management company is likely to charge a fee for providing up to date insurance, service charge and other information requested by your purchaser

£fee to be advised upon making contact with your freeholder

 

Should additional disbursements be likely, we will advise you of the cost before these are incurred.

In accordance with 7.3 of our Terms of Business, once you have instructed us to proceed, we will ask you to provide a payment of £300 on account before we provide any Services or act in connection with your Matter.

Timescales

For any transaction, the timescales are subject to change depending on when your offer is accepted and factors involved such as:

  • Number of parties in the chain
  • Whether you have a mortgage in place
  • Whether you are buying a new build property
  • Whether you need a lease extension for a leasehold property

A typical transaction will take between 10-14 weeks. However, if any of the above apply, or there are other factors we need to take into consideration, it may increase the time by a further 4-6 weeks and additional charges may occur. We will discuss this with you at the earliest opportunity so you always have a clear picture of how long things are likely to take.

Key Milestones

With every transaction there are key milestones, which may vary according to individual circumstances. They may be as follows:

  • Taking your instructions and give initial advice based on the information you have provided
  • Checking finances are in place to fund the purchase and contacting the lender’s solicitors if needed
  • Receiving and advising on contract documents
  • Undertaking searches
  • Obtaining further planning documentation if required
  • Making any necessary enquiries of the seller’s solicitor
  • Providing advice on all documents and information received
  • Advising you of the mortgage offer conditions
  • Finalising contracts and sending to you for signature
  • Agreeing a completion date (the date from which you will legally own the property)
  • Exchanging contracts and notifying you that this has happened
  • Ensuring all monies have been received from you and the lender(s)
  • Completing the purchase
  • Dealing with payment of Stamp Duty/Land Tax
  • Completing and submitting an application for registration at the Land Registry

For further information on selling residential property and re-mortgaging/transfer of equity, please see our Residential Conveyancing Terms