Our Fees
What they cover
Our fees cover all of the work required to complete your transaction from start to finish. You can find details of how we calculate our conveyancing charges below. For a quote specifically tailored to your case please just drop us an email at Info@platinumsolicitors.co.uk and we can provide you with an exact quote.
Conveyancing Fees
| Conveyancing Fees | Description | Fee |
|---|---|---|
| Sale | Depending on value of property range between; | £800.00 - £1,200.00 plus VAT |
| Purchase | Depending on value of property range between; | £1,000.00 -£2,000.00 plus VAT |
| Transfers of Equity | i.e shares in a property | £400.00 plus VAT - £600.00 plus VAT |
| Independent Legal Advice | Relating to property transactions | £250.00 plus VAT - £200.00 plus VAT each for joint couples |
| ID1 Forms | - | £75.00 plus VAT |
| Property values in excess of 1 Million will require a bespoke quote |
Other Fees
| Other Fees | Fee | |
|---|---|---|
| I.D. and Money Laundering online Check | Free of charge is you are able to attend the office with your original ID. | £15.95 plus VAT (per person) |
| Bank transfer fee | This is if at any point during the transaction, money needs to be sent by telegraphic transfer. | £36.00 (inclusive of VAT) |
Freehold Sale Disbursements
Just like other conveyancers, in addition, we charge disbursement costs these 'disbursements' are payments that we make to third parties on your behalf and are fixed and the same no matter who your solicitor is.
| Freehold Sale Disbursements | Fee | |
|---|---|---|
| OCEs (Official Copy of Title) | Freehold Property | £6.00 (Approx) |
| Management Company Info Pack (If Required) | Leaseholds and freeholds with management companies only | £100.00 - £400.00 plus VAT (Approx) |
Leasehold Sale Disbursements
| Leasehold Sale Disbursements | Fee | |
|---|---|---|
| OCEs (Official Copy of Title) | Leasehold Property | £15.00 (Approx) |
| Management Information Pack | This fee if chargeable is information needed from the Landlord/Management Company/Freeholder. | £100.00- £500.00 plus VAT. (Approx) |
| Consent / Licence to Assign Fee | This fee is set out in the lease | £50.00- £300.00 (If applicable) (Approx) |
| Exit Fee / sinking fund contribution on resale | These fees vary from property to property and can on occasion be significantly more than the ranges given above. We can give you an accurate figure once we have sight of your specific documents.(If applicable) | 0.25% or 1% of the sale price (Approx)(if applicable) |
| Ground Rent/Service Charges | You should also be aware that ground rent and service charge are likely to apply throughout your ownership of the property. We will confirm the ground rent and the anticipated service charge as soon as this we receive this information. | TBC |
Freehold Purchase Disbursements
| Freehold Purchase Disbursements | Fee | |
|---|---|---|
| Local, Environmental, Drainage Search | - | £250.00 plus VAT (Approx) |
| Coal Authority Search | If Applicable | £40.00 (Approx) |
| Chancel Repair Search | If Applicable | £60.00 (Approx) |
| Land Registry Fee |
Property Price Up to £80,000 £80,001 to £100,000 £100,001 to £200,000 £200,001 to £500,000 £500,001 and above £1,000.001 and over |
£20.00 £40.00 £100.00 £150.00 £295.00 £500.00 |
| Land Registry Search | - | £3.00 |
| Bankruptcy Search | - | £2.00 (per person) |
| Stamp Duty | Stamp Duty or Land Tax This depends on the purchase price of your property. You can calculate the amount you will need to pay by using the tools on HMRC's website or if the property is located in Wales by using the Welsh Revenue Authority's website. Stamp Duty Calculator: https://www.tax.service.gov.uk/calculate-stamp-duty-land-tax/#/intro |
Leasehold Purchase Disbursements
These fees vary from property to property and can on occasion be significantly more than the ranges given above. We can give you an accurate figure once we have sight of your specific documents. You should also be aware that ground rent and service charge are likely to apply throughout your ownership of the property. We will confirm the ground rent and the anticipated service charge as soon as this we receive this information.
| Leasehold Purchase Disbursements | Fee | |
|---|---|---|
| Notice of Transfer fee | This fee if chargeable is set out in the lease | £50.00- £150.00 (Approx) |
| Notice of Charge fee | If the property is to be mortgaged - This fee is set out in the lease. Often the fee is between | £50.00- £150.00 (Approx) |
| Deed of Covenant fee | This fee is provided by the management company for the property and can be difficult to estimate. | £75.00 - £200.00 (Approx) |
| Certificate of Compliance fee | To be confirmed upon receipt of the lease. | £50.00 - £200.00 (Approx) |
