03 Oct, 2013/ by Homeward Legal /Buyer, First Time Buyer, Remortgage, Sale & Purchase, Seller, Transfer of Equity
At Homeward Legal, we believe the price you are quoted for conveyancing fees is the price you should pay.
Many firms charge additional conveyancing fees over and above what they quote.
Often these "additional fees" are actually routine parts of the standard conveyancing process so no fee should be charged.
Detailing conveyancing fees
The following table is an example of the additional fees some firms charge. Homeward Legal will include all of these conveyancing fees when we give you a quote:
| Homeward Legal includes the following fees | Many solicitors will charge(check their terms and conditions) |
|---|---|
| Stamp Duty Land Tax (SDLT) fee | £100 |
| Notice/Deed of Assignment (does not include freeholder/landlord disbursements if applic.) | £100 |
| Exchanging contracts and completing the transaction within 5 days of each (simultaneous exchange and completion) | £50 to £100 |
| Fee for arranging or dealing with Indemnity Insurance issues (does not include disbursement cost of insurance policy) | £150 to £50 |
| Dealing with additional enquiries in relation to your property transaction | £150 |
| Dealing with a Freehold Management Company (not including freeholder/landlord disbursements) | £100 |
| Researching and setting up a Title Repair/Title Indemnity Policy (does not include cost of policy premium) | £50 |
| Providing copies of property searches | £30 |
| Obtaining copy documents from third parties (not including disbursement cost of document) | £50 |
| Professional Indemnity Contribution Fee | £100 |
| Removal of a registered Caution or Restriction at the Land Registry | £95 |
| Dealing with Apportionments on Leasehold transactions | £100 |
| Dealing with Notices of Assignment on Leasehold Transactions (does not include freeholder/Landlord disbursements if applicable) | £50 |
| Obtaining leasehold management information on leasehold sale (does not include freeholder/landlord disbursements if applicable) | £50 |
| Bank transfer (TT Fee): we include one free in our fee! | £35 ea |
| Arranging or dealing with Indemnity Insurance issues (does not include cost of insurance premium) | £150 to £50 |
| New-build property supplement on purchase transactions | £150 to £100 |
| Third-party ID checks | £75 |
| Inward payment processing fee | £35 |
| Fee for calculating service charge arrears (does not include actual service charges due) | £45 |
| Data Protection Act 1998, including access to personal records | £30 |
| Auction supplements | £100 |
| Preparation or approval of a Key Undertaking | £50 |
These conveyancing fees are listed with the most common descriptions used by conveyancing solicitors. Individual firms' descriptions of these fees may vary.