Property Fees
Our Property Related Fees
We quote a fee at the beginning of the Conveyancing transaction and we will inform you as soon as possible if this fee increases due to the complexity of your particular transaction.
If you want a personalised quote for a sale, purchase or other property transaction please call us on 01209 712 454 or email us at reception@waltersbarbary.co.uk with your details and the property details and we will send you a quote as our contact us form is currently not working.
Our costs for a standard property sale or purchase range from £695 - £1,145 plus vat at 20% on a sliding scale for properties between £0 and £700,000 and by negotiation for higher values. These figures are excluding any disbursements to third parties.
| Price of Property | Our Costs Sale |
| Up to £200,000 | £695 (£834 inc vat) |
| £200,000 – £250,000 | £795 (£954 inc vat) |
| £250,000 – £300,000 | £845 (£1,014 inc vat) |
| £300,000 - £500,000 | £945 (£1,134 inc vat) |
| £500,000 - £700,000 | £1,045 (£1,254 inc vat) |
| £700,000 + | by negotiation but typically £1,200-£2,000 (£1,440 - £2,400 inc vat) |
| Price of Property | Our Costs Purchase |
| Up to £200,000 | £795 (£954 inc vat) |
| £200,000 – £250,000 | £845 (£1,014 inc vat) |
| £250,000 – £300,000 | £895 (1,074 inc vat) |
| £300,000 - £500,000 | £995 (£1,194 inc vat) |
| £500,000 - £700,000 | £1,145 (£1,374 inc vat) |
| £700,000 + | by negotiation but typically £1,200-£2,000 (£1,440 - £2,400 inc vat) |
The work included in our fixed fee includes the following;
- All correspondence, telephone calls, and meetings with yourself;
- All correspondence with the other side;
- Raising and replying to queries, investigating title and reporting to you on the property;
- All work required in exchange, completion and registration of the property at the Land Registry.
We charge additional fees for the following
| Additional work type | Our Costs |
| Help to buy ISA | £50 (£60 inc vat) |
| Leasehold property | £200 (£240 inc vat) |
| Shared ownership | £300 (£360 inc vat) |
| New build | £200 (£240 inc vat) |
| Stamp duty return | £50 (£60 inc vat) |
| First registration of an unregistered property | £100 (£120 inc vat) |
| Acting for a lender | £150 (£180 inc vat) |
| Redeeming an existing mortgage (unless Help to Buy) | £55 (£66 inc vat) |
| Bank Transfer Fee to other side, mortgage company or Client | £25 each (£30 inc vat) |
| Help to Buy Mortgage (obtaining or redeeming) | £250 (£300 inc vat) |
| Management Company F/H or L/H | £150 (£180 inc vat) |
| Transfer of Part | £250 (£300 inc vat) |
This list is not exhaustive and we would inform you as soon as possible if we thought there would be an additional charge attached to your transaction.
Disbursements
The disbursements will depend on the situation but for example may include the following
| Disbursements | Approximate costs |
| Search fees | approximately £320 (£384 inc vat) |
| Stamp duty | variable depending on value of property and your own situation |
| Leasehold notice and information request fees | variable but often between £100 and £600 |
| Office Copy Entry of Title, Plan, additional documents or, Priority Search | £8.50 each (£10.20 inc vat) |
| Bankruptcy search (per person) | £7.50 (£8.40 inc vat) |
| LMS fee for mortgage offer (only charged by some lenders) | £25 (£30 inc vat) |
| Stamp Duty Submission Fee charged by Infotrack | £5 (£6 inc vat) |
| Land Registry Application Fee charged by Infotrack | £5 (£6 inc vat) |
| Report Fee charged by Infotrack (only if searches are not obtained via them) | £17 (£21 inc vat) |
| ECOS verifications for funds and ID | £12 (£14.40 inc vat) per person |
Example Fees
An example total cost for a standard freehold purchase for a couple at £175,000 with a mortgage is shown below
| Our Costs | £795 |
| Acting for mortgage company | £150 |
| Bank Transfer Fee to seller’s solicitors | £25 |
| Stamp Duty Return | £50 |
| Land Registry Searches | £8.50 |
| Bankruptcy Search | £15 |
| Electronic Search | £24 |
| Searches (approx) | £320 |
| Land Registry and SDLT Fee Infotrack | £10 |
| Total | £1,397.50 |
| Plus VAT at 20% | £279.50 |
| Additional Disbursements | |
| Stamp Duty | £1,000 |
| Land Registry Fee | £135 |
| Total figure payable | £2,812 |
Other Property Matters
We also act in other general property matters such as;
| Transaction | Our Costs |
| Re-Mortgage | £500-£750 (£600-£900 inc vat) |
| Transfers of Equity | £500-£750 (£600-£900 inc vat) |
| First Registration | £500-£750 (£600-£900 inc vat) |
| Equity Release | £695 (£834 inc vat) |
| Adverse Possession/Lost Deeds | £500-£1,500 (£600-£1,800 inc vat) depending on complexity |
| Declaration of Trust - with conveyancing | £295 (£354 inc vat) |
Hourly Rate
Any transaction which is not standard and cannot be charged fixed fee will be charged at our hourly rate of £220 (£264 inc vat) for a non-Partner and £230 (£276 inc vat) for a Partner. If we believe that you require hourly rate rather than fixed fee, we will inform you and discuss estimated costs with you at the outset.
