Notes:
Our estimate has been supplied on the basis of the work we expect to carry out in a standard conveyancing transaction. If your
matter requires additional work that is not included in this estimate, you will be informed of this and what the additional cost will be
at the earliest possible moment. Matters typically exceed the estimated fee when they are more complicated. It is important for
you to appreciate that the estimate provided is based on a number of assumptions, including but not limited to:
• The property is registered at the Land Registry;
• There are no title defects that need to be rectified or insured against;
• You have one lender who is co-operative in respect of providing settlement figures when required;
• If the property has been extended or altered that you are in possession of all the necessary documentary evidence of compliance
with planning and building regulations and title covenant consent as appropriate;
• You have full records and compliance certificates for all services;
• If leasehold or subject to a rent that you have receipt for all payments and have not breached any title covenants;
• Any joint sellers are in agreement and they do not require separate correspondence or representation
On a leasehold sale or where a freehold rent charge is payable, you will be expected to provide to your buyer a management pack
from each agent that collects your ground rent and/or service charge. The exact cost will be unknown at this point.
On a leasehold transaction additional work will need to be undertaken and we will make an additional charge to you of a minimum of
£200 plus VAT.
In the event there is a title, planning or other defect which your buyer requires to be insured against it may be necessary for you to
cover the cost of an indemnity insurance policy. The exact cost will be unknown at this point.
If you have any mortgages, charges, restrictions or similar affecting the property that need to be redeemed, removed or otherwise
complied with then we will make an additional charge to you of a minimum of £100 plus VAT.
Where a lawyer check search is required on completion an additional fee of £20 plus VAT will be incurred.
All cases will incur a correspondence fee of £40 plus VAT and a file storage fee of £60 plus VAT.
Where a bank transfer is required an additional fee of £40 plus VAT per transfer will be incurred.
Please note in the event that your matter goes abortive at any stage we reserve the right to charge for the work carried out by us.
If you are happy with the information provided, we would be delighted to act for you.
