Selling a property can be an exciting but also daunting process. There are different legal aspects that should be considered. Here at Kirbys Solicitors Limited we have property solicitors who can assist you with expert legal advice for all questions and tasks around selling a residential property.
Based on the value of the property we can give you a fee estimate.
For example, if you are selling a freehold property with a value £350,000 the fee will be £895.00 plus VAT of £179.00 and Disbursements.
Our example of conveyancer’s fees and disbursements based on a selling price of £350,000 are:
Item | Cost | VAT Amount (20%) | Total |
Legal Fee | £895.00 + VAT | £179.00 | £1,074.00 |
Land registry office copy | £6.00 + VAT | £1.20 | £7.20 |
Transfer fee to redeem mortgage (if applicable) | £35.00 + VAT | £7.00 | £42.00 |
Transfer fee to send Sale funds (if applicable) | £35.00 + VAT | £7.00 | £42.00 |
The precise stages involved in the sale of a residential property vary according to the circumstances. Here are some of the key stages that often apply:
It is often difficult to give a precise indication of the likely timescale, as it depends on such things as whether you, or your buyer in the case of a sale, are obtaining a mortgage, whether there is a chain of properties involved, or whether there are any other unusual circumstances involved. The average process can take between 10-12 weeks but please remember that this is very much an average figure. We will update you as the work progresses and as and when it becomes necessary to amend any indication we have given, or becomes possible to improve on the indications we have given you.