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.
