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Buying or Selling your Property

Hiring your own conveyancer or solicitor when buying or selling a property is crucial. Our legal experts protect your interests, navigate complex paperwork, facilitate smooth transactions by liaising with all parties, and provide professional advice tailored to your situation.

While it may cost more upfront, our expertise safeguards your rights and investment, ensuring a successful property deal without legal or financial risks.

The cost for a licensed solicitor to provide Independent Legal Advice on a purchase or sale depends on various factors, including the complexity and specific requirements of the case. On average, fees range from £149 to £249, but in some instances, they may be as high as £449.

STEP 1

Tell us what legal service you need using our contact form our contact us on 07780784827.

STEP 2

We will connect you with a solicitor who is an expert in your legal area.

STEP 3

A specialist solicitor will contact you to discuss your legal issue.

Conveyancing Fee’s

Freehold Purchase
£700 plus VAT

Leasehold Purchase
£850 plus VAT

Freehold Sale
£500 plus VAT

Leasehold Sale
£650 plus VAT

Freehold Remortgage
£400 plus VAT

Leasehold Remortgage
£500 plus VAT

Remortgage and Transfer of Equity
£750 plus VAT

Transfer of Equity
£400 plus VAT

Lease Extension
From £1,000 plus VAT

  • Expert Legal Advice
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  • Over 40 years experience combined
  • Handling legal complexities
  • Facilitating Smooth Transactions
  • 100's of happy clients

Disbursements – These costs are payable to a Third Party (Land Registry Bank Transfer Search Provider) and are required in all conveyancing transactions. The standard disbursements are as follows:-

Purchase and Remortgage Transactions

Bankruptcy Search – Mortgage lenders require us to conduct this search to determine whether the potential borrower has been made bankrupt this comes at a cost of £2 per person.

Priority Search –  This search is carried out at the Land Registry in order to protect you and your lender ensuring that no changes can take place to the title deeds before registration of your ownership and the lenders charge has taken place this is for 30 days after completion and comes at a cost of £3.

Land Registry Registration Fee – This is the fee charged by the Land Registry to register your ownership and charge on the title deeds. The fee for this is determined by the Land Registry and is based on a sliding scale depending on purchase price or charge amount of the property.

Post Complication/Archive Fee

This fee is for our specialist team to deal with the registration of your property and legal charge at the Land Registry. They will compile all relevant documents and arrange the submission at HM Land Registry for the update of the information on the title documents. Alongside this and where relevant they will keep your mortgage lender up to date with the progress of the application and provide confirmation of completion when received. The cost of this £80.00

Search Pack – This fee is payable to the search provider who will obtain and report information about the property and the immediate surrounding area held at the local authority, water services provider and the environmental board the cost of this is £250

Telegraphic Transfer Fee – This is the cost of arranging the bank transfer to send purchase monies to the sellers solicitors on the day of completion of £35 plus VAT.

Sale Transactions

Telegraphic Transfer Fee – This is the cost of arranging the bank transfer to send monies to your lender to settle the mortgage on the day of completion together with remitting to you for the balance due this comes to a cost of £35 plus VAT per transaction.

Copy Title Deeds – Payable to the Land Registry for the provision of the documents which make up the property’s title deeds. The Land Registry charge £3 per document.

For leasehold properties, you will need to pay for an official copy of lease which details the term of the lease, the amount of rent payable and all other obligations affecting the property. This costs £3.

It may be necessary to order other documents referred to in the Register of Title held at the Land Registry.

Legal IQ Conveyancing Fees

Independent Legal Advice for Property Transactions

Independent Legal Advice is a crucial service in property transactions, ensuring that all parties fully understand their rights, obligations, and potential risks involved in the transaction.

Why do I need to get independent legal advice?

You need to obtain independent legal advice to:

  1. Ensure you fully understand the legal implications of the transaction
  2. Protect your interests and rights
  3. Satisfy lender requirements, particularly in cases involving guarantees or complex arrangements
  4. Prevent future claims of undue influence or lack of understanding
  5. Make informed decisions about the transaction

What counts as independent legal advice?

Independent legal advice is provided by a qualified solicitor who:

  1. Has no connection to the other parties involved in the transaction
  2. Has no conflict of interest in the matter
  3. Provides impartial and unbiased guidance on the legal aspects of the transaction
  4. Explains the risks and implications of the agreement in clear, understandable terms

When do you need to get independent legal advice?

You typically need to get independent legal advice in the following situations:

  1. When signing a personal guarantee for a business loan
  2. In joint borrower, sole proprietor mortgage arrangements
  3. When providing an occupier’s consent to a mortgage
  4. During equity release transactions
  5. When transferring equity in a property
  6. In cases involving complex financial arrangements or vulnerable parties

What is an Independent Legal Advice Certificate?

An Independent Legal Advice Certificate is a document issued by a solicitor confirming that:

  1. They have provided independent legal advice to the client
  2. The client understands the nature and implications of the transaction
  3. The client is entering into the agreement voluntarily and without undue influence
  4. The solicitor has no conflict of interest in the matter

This certificate is often required by lenders or other parties involved in the transaction as proof that proper advice has been given.

Who can provide independent legal advice?

Independent legal advice must be provided by:

  1. A qualified solicitor registered with the Solicitors Regulation Authority (SRA)
  2. A solicitor with expertise in the relevant area of law
  3. A legal professional who has no connection to the other parties involved in the transaction
  4. Someone who can provide an unbiased and impartial assessment of the legal implications

Do I need to get independent legal advice in person?

While traditionally, independent legal advice was provided in person, technological advancements have made it possible to receive this service remotely. You can now obtain independent legal advice:

  1. In person at a solicitor’s office
  2. Via video conferencing platforms such as Zoom, Skype, or FaceTime
  3. Through secure online portals provided by law firms

However, the method of delivery may depend on the specific requirements of the lender or other parties involved in the transaction. Some may still require in-person meetings, while others accept remote consultations.

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