Conveyancing

Our Conveyancing Team

The Residential Conveyancing Team is headed up  by Elena Andreadis and the Commercial Conveyancing Team is headed up by Heather Millane who are both Partners of the firm with each over 22 years of experience.  They are assisted by Alison Coles who qualified as a solicitor in 1995 and Juliet Cole, fee earner.

Our Conveyancing Fees

At MRP Capron we will prepare an individual quotation based on your transaction for your approval before we commence any work.  Should there be any potential changes to this quotation, we will inform you  as soon as possible of any additional charges that arise during the process.  The fees below are based on a straightforward matter and may change if there is a long chain or complexities present.

Our base fee includes all work necessary to complete the purchase or sale of your property.

What we will do includes:

  • Initial advice and instructions taken
  • Financial – ensuring funding is in place for completion and arranging/processing monies for completion
  • Obtaining the title documents from HM Land Registry and preparing , or obtaining and approving , contract documents and other supporting documentation
  • Carrying out searches
  • Responding to and making enquiries with seller’s/buyer’s solicitors as required
  • Reporting to you on the paperwork received and advising on the same
  • Agreeing  the date of exchange of contracts with you and the other parties Solicitors and the date for completion of the transaction
  • Collecting any funds from you due for completion and obtaining evidence of source of funds from you
  • Dealing with completion of the transaction and sending any balance of funds to you after completion
  • Dealing with registration at the Land Registry and payment of Stamp Duty Land Tax

 

Residential conveyancing base fee*                                                                                         Timescale for work

Freehold sale/purchase                up to £200,000                            £900.00 + vat                                   8-16 weeks

Freehold sale/purchase                £200,001 to £300,000              £1,025.00 + vat                                    8-16 weeks

Freehold sale/purchase                £300,001 to £400,000              £1,050.00 + vat                                    8-16 weeks

Freehold sale/purchase                £400,001 to £500,000               £1,125.00 + vat                                    8 -16 weeks

Freehold sale/purchase                £500,001 to £700,000                £1,185.00 + vat                                   8-16 weeks

Freehold sale/purchase                £700,001 to £900,000               £1,250.00 + vat                                    8-16 weeks

Freehold sale/purchase                £900,001 to £1 million               £1,500.00 + vat                                    8-16 weeks

Freehold sale/purchase                over £1 million                   0.25% of the purchase price of the property

 

Leasehold sale/purchase              up to £200,000                          £1,045.00 + vat                                   12-20 weeks

Leasehold sale/purchase              £200,001 to £300,000              £1,100.00 + vat                                   12-20 weeks

Leasehold sale/purchase              £300,001 to £400,000              £1,155.00 + vat                                   12-20 weeks

Leasehold sale/purchase              £400,001 to £500,000               £1,265.00 + vat                                   12-20 weeks

Leasehold sale/purchase              £500,001 to £700,000               £1,320.00 + vat                                   12-20 weeks

Leasehold sale/purchase              £700,001 to £900,000               £1,430.00 + vat                                   12-20 weeks

Leasehold sale/purchase              £900,001 to £1 million               £1,650.00 + vat                                   12-20 weeks

Leasehold sale/purchase              over £1 million                   0.25% of the purchase price of the property

 

Council Right to Buy – Freehold                                                  £850.00 + vat

Council Right to Buy – Leasehold                                                £900.00 + vat

Shared Ownership                                                                        £1,200.00 + vat

Transfer of Equity                                                                            £650.00 + vat

Transfer of Equity & Mortgage                                                     £750.00 + vat

Lease Extension                                                            £1,300.00 – £2,200 + vat

Re-mortgage                                                                                      £700.00 + vat

BTL Re-mortgage                                                                             £800.00 + vat

 

 

*In addition to these fees, expenses will be payable.  These are costs made on our client’s behalf, to a third party by MRP Capron for a service provided or for a statutory required action.

Expenses may include:

  • Land Registry fee – payable to HM Land Registry (on all transactions)
  • Search fees (including vat) payable to search providers (on a purchase or re-mortgage transaction)
  • Land Registration Fee payable to the HM Land Registry (on a purchase or re-mortgage or transfer of equity transaction)
  • Identity Check Fee payable to search provider (on all transactions)
  • Notices of Transfer and Charge payable to the Landlord and/or Managing Agents if the property is leasehold (on a purchase transaction)
  • Deed of Covenant Fees payable to the Landlord and/or Managing Agents if the property is leasehold (on a purchase transaction)
  • Stamp Duty payable to the Inland Revenue (on a purchase transaction)
  • Licence to Assign payable to the Landlord if applicable (on a leasehold sale)

 

 

Additional Conveyancing Fees

Declaration of Trust                                                                 £200.00- £300.00 + vat

Statutory Declaration                                                                                  £175.00 + vat

Gifted Deposit                                                                                               £150.00 + vat

Legal Advice (Occupiers Consent Form)                                                £300.00 + vat

HTB Redemption only                                                                                £350.00 + vat

ID1 Form                                                                                                        £250.00 + vat

Residential Lease                                                                                          £750.00 + vat

Legal Charge                                                                                                   £450.00+ vat

Garages and Land up to £100,000                                                            £550.00 + vat

Equity Release                                                                                               £950.00 + vat

Deed of Substituted Security                                                                       £175.00 + vat

Service of Section 42 Notice                                                                       £250.00 + vat

Deed of Assignment on benefit on sale                                                    £300.00 + vat

Application to FTT                                                                                        £500.00 + vat

SDLT (Stamp Duty Land Tax) Form                                                           £55.00 + vat

SDLT (Stamp Duty Land Tax) Submission Fee                                      £4.80 (no vat)

API Submission Fee                                                                                      £4.80 (no vat)

Help to buy (HTB) – in addition to conveyancing fee above                £330.00 + vat

HTB ISA – in addition to conveyancing fee above                                    £50.00 + vat

PFT (Postage, copying & telephone)                                                           £30.00 + vat

Electronic money transfer on the day fee                                                  £40.00 + vat

 

For further information, please call us directly on 01375 378331.