Selling a Property Pricing Guidance

A breakdown of costs and stages involved in selling your property

Selling a property involves preparing the contract pack, dealing with enquiries from the buyer’s solicitor and managing the legal steps through to exchange and completion.

This page outlines how our pricing works when you’re selling a property and what you can expect at each stage of your sale. We aim to make everything as straightforward as possible, with clear advice and practical support from start to finish.

Read more here…

Our fees* cover all work expected to be required to complete the sale of your property, including dealing with the Land Registry.

Conveyancer’s fees and disbursements**

Legal fee £1,050.00 + VAT of £210.00 = £1,260.00 to £2,800.00 + VAT of £560.00 = £3,360.00 dependent on value of property and nature of its title (see table in section below)
Matter Assessment Fee £40.00 + VAT of £8.00 = £48.00
ID Verification with Thirdfort (per person) £40.00 + VAT of £8.00 = £48.00
Electronic money transfer fee £40.00 + VAT of £8.00 = £48.00
Land Registry copy documents usually £7.00 + VAT of £1.40 = £8.40

VAT payable on all “+VAT” items above, at the current rate of 20%

*Our fee assumes that the transaction is concluded in a timely manner and no unforeseen complications arise and that all parties to the transaction are co‑operative and there is no unreasonable delay from third parties providing documentation.

**Disbursements are costs related to your matter that are payable to third parties, such as Land Registry fees. We handle the payment of the disbursements on your behalf to ensure a smoother process.

Sale Price	Freehold Sale	+ VAT at 20%	Total	Leasehold Sale	+ VAT at 20%	Total
Up to 200k	£1,050.00	£210.00	£1,260.00	£1,550.00	£310.00	£1,860.00
200k to 300k	£1,150.00	£230.00	£1,380.00	£1,650.00	£330.00	£1,980.00
300k to 400k	£1,350.00	£270.00	£1,620.00	£1,850.00	£370.00	£2,220.00
400k to 500k	£1,450.00	£290.00	£1,740.00	£1,950.00	£390.00	£2,340.00
500k to 600k	£1,650.00	£330.00	£1,980.00	£2,150.00	£430.00	£2,580.00
600k to 800k	£1,950.00	£390.00	£2,340.00	£2,450.00	£490.00	£2,940.00
800k to 1m	£2,200.00	£440.00	£2,640.00	£2,800.00	£560.00	£3,360.00
1m+	Available upon request			Available upon request

Certain property sales involve additional legal steps that fall outside of our standard fee service. These are common examples where additional work may be required.

Redeeming a Help to Buy mortgage
Repayment of numerous mortgages and/or County Court Judgements
Dealing with any restrictions on the title deeds
Sales without vacant possession (for example, where a tenant is in situ)
Rectification of any title deed defects
Leased solar panels in situ

If you are currently paying a management company for the maintenance of public spaces or communal facilities, on selling the property you will be required to pay for an information pack from this management company, to pass to your buyer. This will cost in the region of £165.00 + VAT of £33.00 = £198.00 to £440.00 + VAT of £88.00 = £528.00.

Obtaining replies to a Leasehold Property Enquiries (LPE1) form from the bodies managing the site on which the property is located £330.00 + VAT of £66.00 = £396.00 to £660.00 + VAT of £132.00 = £792.00.

An LPE1 form is for capturing information about a property held by landlords, management companies and managing agents. For example, information about ground rent, insurance and service charges.

How long it will take from you accepting an offer until the sale completes will depend on a number of factors. The average process takes between 3–5 months. It can be quicker or slower, depending on the parties in the chain.

Stages of the process

The precise stages involved in the selling of a residential property vary according to the circumstances. However, below we have suggested some key stages that you may wish to include:

Take your instructions and give you initial advice
Send you property information and fixtures and fittings forms for completion (and leasehold information form if leasehold property)
Prepare and send contract documents
Receipt of enquiries from buyer’s solicitor and undertaking work to obtain the answers, which may include sending them to you or additional third parties for response
Send final contract to you for signature
Agree completion date (date from which you no longer own the property)
Take your authority to exchange contracts and notify you that this has happened
Arrange for all monies to be received from the buyer and sent to you/your lender
Complete sale

We’re here for you every step of the way…

Please note that the above figures and time estimates provided are purely intended as a guide. As every transaction is different, specific estimates for your matter will be provided at the commencement and during the course of your matter.

If you have any questions about the fees or the process, our friendly and knowledgeable Residential Property team is here to help you move forwards with confidence.

FROME

Senior Associate Chartered Legal Executive