Mortgage And Remortgage Of A Property

Price transparency and experience for Conveyancing and Wills & Probate

Our Team

Our conveyancing team are here to handle your home mortgage and remortgage, and have over 20 years of conveyancing experience headed by a solicitor and partner, Tim Allen.

Our Costs

We charge for the legal work we do on a time recorded basis based on hourly rates. Our charging rate is based upon the seniority and experience of the file handler working on your case as follows:

  • £217.00 per hour plus VAT – Solicitors or CILEX with at least 8 years post-qualification experience (PQE);
  • £192.00 per hour plus VAT – Solicitors, CILEX or Costs Lawyers with at least 4 years PQE;
  • £161.00 per hour plus VAT – Solicitors, CILEX or Costs Lawyers with up to 4 years PQE and other staff of equivalent experience;
  • £118.00 per hour plus VAT – Paralegals, trainees or equivalent

The total cost, before VAT and disbursements, will depend upon the time taken, which will be tailored to your transaction. We will be able to give you a range of likely costs once we know what is involved in the transaction you want us to do and as these are each individual, we cannot give you a likely estimate without receiving further information.

In addition VAT is chargeable, currently 20%.

In addition you will have to pay any disbursements. We explain below any likely disbursements and their cost, where known and not known the average cost or range of costs.

We also explain whether they attract VAT and if so the likely amount.

Disbursement Information for a Mortgage or Remortgage

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. We will give you details of these once we know what your mortgage or remortgage will involve. Possible disbursements include:

    • ID check per person (purchasers) £12 + VAT
    • Estimated search fees £190-£300 + VAT / or no search indemnity insurance
    • HM Land Registry fee – dependent on the value of the property – minimum of £20 + VAT
    • Final searches £2-£3 each + VAT
    • Official Copies of Title £6-£18

 

Possible disbursements include: Payments to a third party, freeholders, and landlords. We suggest you contact them directly for more information on the fees they require.

How long will your mortgage or remortgage take?

We will advise you about this once we understand your transaction as each is individual. Please contact us to discuss this or enquire below.

Start your enquiry here